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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue [1] $ 7,399.8 $ 7,810.7 $ 19,223.6 $ 23,647.8
Cost of revenue [1] 7,163.1 7,584.0 18,546.9 23,017.1
Gross profit [1] 236.7 226.7 676.7 630.7
Operating expenses:        
Compensation and employee benefits [1] 106.6 94.2 306.2 270.3
Provision for bad debt [1] 1.5 1.6 5.4 5.2
General and administrative [1] 70.3 64.5 200.2 179.6
Total operating expenses [1] 178.4 160.3 511.9 455.1
Income from operations [1] 58.2 66.4 164.8 175.6
Non-operating expenses, net:        
Interest expense and other financing costs, net [1] (10.3) (7.9) (26.0) (21.5)
Other income, net [1] 0.5 1.9 1.2 0.5
Total non-operating expenses, net [1] (9.8) (6.0) (24.8) (21.0)
Income before income taxes [1] 48.4 60.4 140.1 154.6
Provision for income taxes [1] 5.4 17.7 15.7 33.6
Net income including noncontrolling interest [1] 43.0 42.7 124.4 121.0
Net income (loss) attributable to noncontrolling interest [1] 0.3 (1.0) 0.1 (3.5)
Net income attributable to World Fuel [1] $ 42.7 $ 43.7 $ 124.3 $ 124.5
Basic earnings per common share (in dollars per share) [1] $ 0.62 $ 0.62 $ 1.79 $ 1.77
Basic weighted average common shares (in shares) [1] 69.1 70.0 69.4 70.5
Diluted earnings per common share (in dollars per share) [1] $ 0.61 $ 0.62 $ 1.78 $ 1.75
Diluted weighted average common shares (in shares) [1] 69.5 70.3 69.9 71.0
Comprehensive income:        
Net income including noncontrolling interest [1] $ 43.0 $ 42.7 $ 124.4 $ 121.0
Other comprehensive (loss) income:        
Foreign currency translation adjustments [1] (14.6) (27.4) (27.9) (38.0)
Derivative instruments, net of income tax benefit of $4.8 and $1.7 for the three and nine months ended September 30, 2016, respectively [1] (7.7) (1.1) (2.8) (1.1)
Other comprehensive (loss) [1] (22.4) (28.5) (30.7) (39.1)
Comprehensive income including noncontrolling interest [1] 20.7 14.2 93.7 81.9
Comprehensive income (loss) attributable to noncontrolling interest [1] 1.4 (1.2) 1.9 (1.2)
Comprehensive income attributable to World Fuel [1] $ 19.3 $ 15.4 $ 91.9 $ 83.1
[1] Amounts may not add due to rounding