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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue $ 10,150.8 $ 8,086.2 $ 19,332.2 $ 16,280.4
Cost of revenue 9,904.7 7,855.2 18,842.6 15,818.0
Gross profit 246.2 231.0 489.6 462.4
Operating expenses:        
Compensation and employee benefits 110.2 102.3 224.1 206.8
General and administrative 74.9 77.4 147.2 154.0
Total operating expenses 185.1 179.7 371.3 360.9
Income from operations 61.1 51.2 118.3 101.6
Non-operating expenses, net:        
Interest expense and other financing costs, net (17.9) (13.8) (34.2) (26.5)
Other expense, net (1.6) (2.6) (3.9) (4.1)
Total non-operating expenses, net (19.5) (16.4) (38.1) (30.6)
Income before income taxes 41.6 34.9 80.2 70.9
Provision for income taxes 12.4 4.6 19.7 9.6
Net income including noncontrolling interest 29.2 30.3 60.5 61.3
Net income attributable to noncontrolling interest 0.5 0.2 0.6 0.0
Net income attributable to World Fuel $ 28.7 $ 30.0 $ 59.9 $ 61.4
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.44 $ 0.89 $ 0.90
Basic weighted average common shares (in shares) 67.7 68.4 67.6 68.5
Diluted earnings per common share (in dollars per share) $ 0.42 $ 0.44 $ 0.88 $ 0.89
Diluted weighted average common shares (in shares) 68.0 68.7 67.9 68.9
Comprehensive income:        
Net income including noncontrolling interest $ 29.2 $ 30.3 $ 60.5 $ 61.3
Other comprehensive income (loss):        
Foreign currency translation adjustments (28.6) 11.2 (18.3) 17.6
Cash flow hedges, net of income tax expense of $3.1 for the three months ended June 30, 2018 and net of income tax benefit of $1.1 and income tax expense of $6.6 for the six months ended June 30, 2018 and 2017, respectively 6.9 0.0 (2.8) 10.5
Other comprehensive income (loss) (21.7) 11.2 (21.1) 28.1
Comprehensive income including noncontrolling interest 7.5 41.5 39.3 89.4
Comprehensive (loss) income attributable to noncontrolling interest (1.1) 1.1 (1.3) 1.0
Comprehensive income attributable to World Fuel $ 8.6 $ 40.3 $ 40.7 $ 88.4