Earnings Per Common Share

3 Months Ended

Mar. 31, 2023

12. Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the periods presented (in millions, except per share amounts):


	For the Three Months Ended March 31,
	2023		2022
Numerator:
Net income attributable to World Fuel	$	22.8	$	26.3
Denominator:
Weighted average common shares for basic earnings per common share	62.2		63.4
Effect of dilutive securities	0.5		0.3
Weighted average common shares for diluted earnings per common share	62.8		63.7
Basic earnings (loss) per common share	$	0.37	$	0.42
Diluted earnings (loss) per common share	$	0.36	$	0.41
Weighted average securities which are not included in the calculation of diluted earnings per common share because their impact is anti-dilutive or their performance conditions have not been met	1.3		1.5