8.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):
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For the Three Months ended
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March 31,
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2015
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2014
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Numerator:
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Net income attributable to World Fuel
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$
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55.6
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$
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50.7
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Denominator:
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Weighted average common shares for basic earnings per common share
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70.7
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70.7
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Effect of dilutive securities
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0.7
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0.7
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Weighted average common shares for diluted earnings per common share
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71.4
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71.4
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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
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0.9
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0.5
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Basic earnings per common share
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$
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0.79
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$
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0.72
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Diluted earnings per common share
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$
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0.78
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$
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0.71
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