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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 26, 2012
Document and Entity Information
Entity Registrant Name	WORLD FUEL SERVICES CORP
Entity Central Index Key	0000789460
Document Type	10-Q
Document Period End Date	Sep. 30, 2012
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		72,087,000
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 139,401	$ 205,415
Accounts receivable, net	2,380,451	2,160,561
Inventories	591,870	472,584
Prepaid expenses	234,011	109,297
Other current assets	181,829	174,370
Total current assets	3,527,562	3,122,227
Property and equipment, net	101,742	90,710
Goodwill	396,923	346,246
Identifiable intangible assets, net	117,722	107,620
Non-current other assets	34,516	30,443
Total assets	4,178,465	3,697,246
Current liabilities:
Short-term debt	26,516	17,800
Accounts payable	2,037,836	1,739,678
Customer deposits	121,321	105,554
Accrued expenses and other current liabilities	178,103	163,110
Total current liabilities	2,363,776	2,026,142
Long-term debt	260,649	269,348
Non-current income tax liabilities, net	48,544	47,703
Other long-term liabilities	11,206	7,335
Total liabilities	2,684,175	2,350,528
Commitments and contingencies
World Fuel shareholders' equity:
Preferred stock, $1.00 par value; 100 shares authorized, none issued
Common stock, $0.01 par value; 100,000 shares authorized, 72,087 and 71,154 issued and outstanding as of September 30, 2012 and December 31, 2011, respectively	721	712
Capital in excess of par value	511,860	502,551
Retained earnings	974,712	836,222
Accumulated other comprehensive loss	(15,255)	(6,524)
Total World Fuel shareholders' equity	1,472,038	1,332,961
Noncontrolling interest equity	22,252	13,757
Total equity	1,494,290	1,346,718
Total liabilities and equity	$ 4,178,465	$ 3,697,246

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Sep. 30, 2012	Dec. 31, 2011
Consolidated Balance Sheets
Preferred stock, par value (in dollars per share)	$ 1.00	$ 1.00
Preferred stock, shares authorized	100	100
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000	100,000
Common stock, shares issued	72,087	71,154
Common stock, shares outstanding	72,087	71,154

Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenue	$ 9,911,673	$ 9,510,792	$ 29,009,525	$ 25,298,907
Cost of revenue	9,730,921	9,339,945	28,499,415	24,826,190
Gross profit	180,752	170,847	510,110	472,717
Operating expenses:
Compensation and employee benefits	65,843	57,215	176,553	159,161
Provision for bad debt	3,631	2,422	4,413	6,749
General and administrative	40,230	40,285	126,482	114,254
Total operating expenses	109,704	99,922	307,448	280,164
Income from operations	71,048	70,925	202,662	192,553
Non-operating expenses, net:
Interest expense and other financing costs, net	(4,305)	(4,791)	(14,403)	(11,614)
Other income (expense), net	838	(1,643)	1,316	(2,654)
Total non-operating expenses, net	(3,467)	(6,434)	(13,087)	(14,268)
Income before income taxes	67,581	64,491	189,575	178,285
Provision for income taxes	14,683	10,649	33,249	32,113
Net income including noncontrolling interest	52,898	53,842	156,326	146,172
Net income attributable to noncontrolling interest	1,404	1,187	9,817	2,205
Net income attributable to World Fuel	$ 51,494	$ 52,655	$ 146,509	$ 143,967
Basic earnings per common share (in dollars per share)	$ 0.72	$ 0.74	$ 2.06	$ 2.04
Basic weighted average common shares (in shares)	71,216	70,939	71,128	70,593
Diluted earnings per common share (in dollars per share)	$ 0.72	$ 0.74	$ 2.04	$ 2.02
Diluted weighted average common shares (in shares)	71,816	71,587	71,791	71,415
Comprehensive income:
Net income including noncontrolling interest	$ 52,898	$ 53,842	$ 156,326	$ 146,172
Other comprehensive (loss) income:
Foreign currency translation adjustment	(739)	(10,821)	(8,818)	(9,680)
Change in effective portion of cash flow hedges, net of income tax expense of $27	87		87
Other comprehensive loss	(652)	(10,821)	(8,731)	(9,680)
Comprehensive income including noncontrolling interest	52,246	43,021	147,595	136,492
Comprehensive income attributable to noncontrolling interest	1,404	1,187	9,817	2,205
Comprehensive income attributable to World Fuel	$ 50,842	$ 41,834	$ 137,778	$ 134,287

Consolidated Statements of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2012
Consolidated Statements of Income and Comprehensive Income
Change in effective portion of cash flow hedges, income tax expense	$ 27	$ 27

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total World Fuel Shareholders' Equity	Noncontrolling Interest (Deficit) Equity
Balance at Dec. 31, 2010	$ 1,126,564	$ 696	$ 468,963	$ 652,796	$ 4,753	$ 1,127,208	$ (644)
Balance (in shares) at Dec. 31, 2010		69,602
Increase (Decrease) in Shareholders' Equity
Net income	146,172			143,967		143,967	2,205
Distribution of noncontrolling interest	(679)						(679)
Initial noncontrolling interest upon consolidation of joint venture	614						614
Capital contribution for joint ventures	10,371						10,371
Cash dividends declared	(7,949)			(7,949)		(7,949)
Amortization of share-based payment awards	6,539		6,539			6,539
Issuance of common stock related to share-based payment awards including income tax benefit of $1,519 and $4,011 for the period ended September 30, 2012 and September 30, 2011 respectively.	5,467	$ 9	5,458			5,467
Issuance of common stock related to share-based payment awards including income tax benefit (in shares)		911
Issuance of common stock related to acquisition	27,491	$ 7	27,484			27,491
Issuance of common stock related to acquisition (in shares)		691
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards	(9,021)	$ (1)	(9,020)			(9,021)
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards (in shares)		(78)
Other comprehensive loss	(9,680)				(9,680)	(9,680)
Balance at Sep. 30, 2011	1,295,889	$ 711	499,424	788,814	(4,927)	1,284,022	11,867
Balance (in shares) at Sep. 30, 2011		71,126
Balance at Dec. 31, 2011	$ 1,346,718	$ 712	502,551	836,222	(6,524)	1,332,961	13,757
Balance (in shares) at Dec. 31, 2011	71,154	71,154
Increase (Decrease) in Shareholders' Equity
Net income	$ 156,326			146,509		146,509	9,817
Distribution of noncontrolling interest	(1,322)						(1,322)
Cash dividends declared	(8,019)			(8,019)		(8,019)
Amortization of share-based payment awards	9,800		9,800			9,800
Issuance of common stock related to share-based payment awards including income tax benefit of $1,519 and $4,011 for the period ended September 30, 2012 and September 30, 2011 respectively.	4,248	$ 9	4,239			4,248
Issuance of common stock related to share-based payment awards including income tax benefit (in shares)		967
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards	(4,730)		(4,730)			(4,730)
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards (in shares)		(34)
Other comprehensive loss	(8,731)				(8,731)	(8,731)
Balance at Sep. 30, 2012	$ 1,494,290	$ 721	$ 511,860	$ 974,712	$ (15,255)	$ 1,472,038	$ 22,252
Balance (in shares) at Sep. 30, 2012	72,087	72,087

Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Consolidated Statements of Shareholders' Equity
Issuance of common stock related to share-based payment awards, income tax benefit	$ 1,519	$ 4,011

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income including noncontrolling interest	$ 156,326	$ 146,172
Adjustments to reconcile net income including noncontrolling interest to net cash provided by (used in) operating activities:
Depreciation and amortization	26,800	29,111
Provision for bad debt	4,413	6,749
Share-based payment award compensation costs	10,341	8,199
Deferred income tax provision (benefit)	4,724	(2,069)
Extinguishment of liabilities	(9,956)	(5,827)
Foreign currency (gains) losses, net	(3,644)	3,844
Other	1,391	1,277
Changes in assets and liabilities, net of acquisitions:
Accounts receivable, net	(173,120)	(730,993)
Inventories	(110,578)	(179,573)
Prepaid expenses	(126,750)	7,939
Other current assets	(18,465)	(87,166)
Cash collateral deposits held by financial counterparties	6,941	(295)
Non-current other assets	2,360	(615)
Accounts payable	247,514	548,062
Customer deposits	17,195	18,702
Accrued expenses and other current liabilities	13,469	21,228
Non-current income tax, net and other long-term liabilities	(690)	(1,608)
Total adjustments	(108,055)	(363,035)
Net cash provided by (used in) operating activities	48,271	(216,863)
Cash flows from investing activities:
Acquisitions and other investments, net of cash acquired	(71,337)	(112,315)
Capital expenditures	(18,737)	(15,807)
Issuance of notes receivable	(787)	(11,121)
Repayment of notes receivable	401	8,415
Net cash used in investing activities	(90,460)	(130,828)
Cash flows from financing activities:
Borrowings under senior revolving credit facility and senior term loans	2,901,000	3,661,000
Repayments under senior revolving credit facility and senior term loans	(2,901,250)	(3,411,000)
Repayments of other debt	(8,306)	(8,082)
Payments of senior revolving credit facility and senior term loan facility loan costs		(2,483)
Dividends paid on common stock	(8,019)	(7,949)
Payment of earn-out liability	(4,304)
Payment of assumed employee benefits		(5,421)
Capital contribution for joint venture		10,000
Distribution of noncontrolling interest	(1,401)	(679)
Federal and state tax benefits resulting from tax deductions in excess of the compensation cost recognized for share-based payment awards	1,519	4,011
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards	(4,730)	(9,021)
Net cash (used in) provided by financing activities	(25,491)	230,376
Effect of exchange rate changes on cash and cash equivalents	1,666	(3,724)
Net decrease in cash and cash equivalents	(66,014)	(121,039)
Cash and cash equivalents, as of beginning of period	205,415	272,893
Cash and cash equivalents, as of end of period	$ 139,401	$ 151,854

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Supplemental Schedule of Noncash Investing and Financing Activities:
Cash dividends declared (in dollars per share)	$ 0.0375	$ 0.0375
Cash dividends declared, but not yet paid	$ 2,700	$ 2,700	$ 2,700	$ 2,700
Promissory notes issued for acquisition	$ 7,200	8,300	7,200	8,300
Common stock issued for acquisition		$ 27,500		27,500
Issuance of equity awards to employees in grant			2,700	1,500
Assets acquired, net of cash			140,725	203,979
Liabilities assumed			$ 69,859	$ 49,603

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

- Definition

Fair Value of the liabilities incurred by the acquirer to former owners of the acquiree, including the fair value of any contingent consideration. If liabilities transferred as consideration remain within the combined entity after the business combination (for example, because the assets or liabilities were transferred to the acquiree rather than to its former owners), and the acquirer therefore retains control of them; in that situation, the acquirer measures those liabilities at their carrying amounts immediately before the acquisition date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 25
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6405-128476

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph f(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 39, 40, 41
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Acquisitions and Significant Accounting Policies

9 Months Ended

Sep. 30, 2012

Acquisitions and Significant Accounting Policies

Acquisitions and Significant Accounting Policies

1. Acquisitions and Significant Accounting Policies

Acquisitions

2012 Acquisitions

During the three months ended September 30, 2012, we completed two acquisitions. We acquired certain assets of CarterEnergy Corporation, including the assets comprising its wholesale motor fuel distribution business (the “CarterEnergy business”) on September 1, 2012. The CarterEnergy business, based in Overland Park, Kansas, is a distributor of branded gasoline and diesel fuel to more than 700 retail operators and is a supplier to industrial, commercial and government customers. The other acquisition was in our aviation segment and was not material. The financial position, results of operations and cash flows of these acquisitions have been included in our consolidated financial statements since their respective acquisition dates.

During the three months ended June 30, 2012, we completed two acquisitions, which were not material individually or in the aggregate. Of these acquisitions, one was in our aviation segment and the other was in our aviation and land segments. The financial position, results of operations and cash flows of these acquisitions have been included in our consolidated financial statements since their respective acquisition dates.

The estimated aggregate purchase price for the 2012 acquisitions was $71.2 million, and is subject to change based on the final value of the net assets acquired. The following reconciles the estimated aggregate purchase price for the 2012 acquisitions to the cash paid for the acquisitions, net of cash acquired (in thousands):

Estimated purchase price	$	71,151
Less: Promissory notes issued	7,214
Estimated cash consideration	63,937
Plus: Amounts due from sellers, net	23
Cash consideration paid	63,960
Less: Cash acquired	285
Cash paid for acquisition of businesses, net of cash acquired	$	63,675

The estimated purchase price for each of the 2012 acquisitions was allocated to the assets acquired and liabilities assumed based on their estimated fair value at the acquisition date. Since the valuations of the assets acquired and liabilities assumed in connection with the 2012 acquisitions have not been finalized, the allocation of the purchase price of these acquisitions may change. On an aggregate basis, the estimated purchase price allocation for the 2012 acquisitions is as follows (in thousands):

Assets acquired:
Cash and cash equivalents	$	285
Accounts receivable	50,951
Inventories	7,311
Property and equipment	5,174
Identifiable intangible assets	24,380
Goodwill	49,538
Other current and long-term assets	3,371
Liabilities assumed:
Accounts payable	(57,994		)
Accrued expenses and other current liabilities	(10,200		)
Other long-term liabilities	(1,665		)
Estimated purchase price	$	71,151

In connection with the 2012 acquisitions, we recorded goodwill of $42.2 million and $7.3 million in our land and aviation segments, respectively, of which $40.8 million is anticipated to be deductible for tax purposes. The aggregate identifiable intangible assets consisted of $20.6 million of customer relationships and $2.0 million of other identifiable intangible assets with weighted average lives of 9.2 years and 6.3 years, respectively, as well as $1.8 million of indefinite-lived trademark/trade name rights.

The revenues and net income of the 2012 acquisitions did not have a significant impact on our results for the three and nine months ended September 30, 2012.

Pro forma information for the 2012 acquisitions has not been provided as the impact is not significant.

2011 Acquisitions

Based on our ongoing fair value assessment of certain of our 2011 acquisitions since December 31, 2011, we reclassified $2.9 million in goodwill from our aviation segment to our land segment and increased aviation segment goodwill by $1.8 million as a result of the reclassification of $1.1 million from identifiable intangible assets and a $0.7 million purchase price adjustment.

Significant Accounting Policies

Except as updated below, the significant accounting policies we use for quarterly financial reporting are the same as those disclosed in Note 1 of the “Notes to the Consolidated Financial Statements” included in our 2011 10-K Report.

Basis of Presentation

The accompanying consolidated financial statements and related notes to the consolidated financial statements include our accounts and those of our majority-owned or controlled subsidiaries, after elimination of all significant intercompany accounts, transactions, and profits.

Certain amounts in prior periods have been reclassified to conform to the current period’s presentation.

Accounts Receivable Purchase Agreement

We have a Receivables Purchase Agreement (“RPA”) to sell up to $125.0 million of certain of our accounts receivable. On our sold receivables, we are charged a discount margin equivalent to a floating market rate plus 2% and certain other fees, as applicable and we retain a beneficial interest in certain of the sold accounts receivable which is included in accounts receivable, net in the accompanying consolidated balance sheets.

As of September 30, 2012, we had sold accounts receivable of $84.7 million and retained a beneficial interest of $19.3 million. During the three and nine months ended September 30, 2012, the fees and interest paid under the receivables purchase agreement were not significant.

Goodwill

Goodwill represents the future earnings and cash flow potential of acquired businesses in excess of the fair values that are assigned to all other identifiable assets and liabilities. Goodwill arises because the purchase price paid reflects numerous factors, including the strategic fit and expected synergies these acquisitions bring to existing operations and the prevailing market value for comparable companies. As of September 30, 2012, goodwill was $396.9 million as compared to $346.2 million as of December 31, 2011. Of the $50.7 million increase in goodwill, $51.3 million was related to acquisitions (see Acquisitions above), which was partially offset by reductions in goodwill of $0.5 million and $0.1 million as a result of foreign currency translation adjustments of our Brazilian subsidiary in our marine segment and our South African subsidiary in our aviation segment, respectively.

Recent Accounting Pronouncements

Testing Indefinite-Lived Intangible Assets for Impairment. In July 2012, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update (“ASU”) which permits an entity to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform a quantitative impairment test. This update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012; however, early adoption is permitted. We do not believe adoption of this new guidance will have a significant impact on our consolidated financial statements and disclosures.

Disclosure About Offsetting Assets and Liabilities. In December 2011, the FASB issued an ASU which requires companies to disclose information about financial instruments that have been offset and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. Companies will be required to provide both net (offset amounts) and gross information in the notes to the financial statements for relevant assets and liabilities that are offset. This update is effective at the beginning of our 2013 fiscal year and will be applied retrospectively. We do not believe adoption of this new guidance will have a significant impact on our consolidated financial statements and disclosures.

Disclosure Relating to Comprehensive Income. In June 2011, the FASB issued an ASU aimed at increasing the prominence of items reported in other comprehensive income in the financial statements. This update requires companies to present comprehensive income in a single statement below net income or in a separate statement of comprehensive income immediately following the income statement. This ASU became effective on a prospective basis at the beginning of our 2012 fiscal year. In December 2011, the FASB issued an ASU to defer the effective date of the specific requirement to present items that are reclassified out of accumulated other comprehensive income to net income alongside their respective components of net income and other comprehensive income. All other provisions of this update are currently in effect. The adoption of this ASU resulted in the inclusion of consolidated statements of comprehensive income for the periods presented below the consolidated statements of income.

Fair Value Measurements. In May 2011, the FASB issued an ASU to provide a consistent definition of fair value and common requirements for measurement and disclosure of fair value between International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles. This ASU changes some fair value measurement principles and enhances disclosure requirements related to activities in Level 3 of the fair value hierarchy. The guidance became effective on a prospective basis at the beginning of our 2012 fiscal year. The adoption of this ASU did not have a material impact on our consolidated financial statements and disclosures.

Derivatives

9 Months Ended

Sep. 30, 2012

Derivatives

Derivatives

2. Derivatives

We enter into financial derivative contracts in order to mitigate the risk of market price fluctuations in aviation, marine and land fuel, to offer our customers fuel pricing alternatives to meet their needs and to mitigate the risk of fluctuations in foreign currency exchange rates. We also enter into proprietary derivative transactions, primarily intended to capitalize on arbitrage opportunities related to basis or time spreads related to fuel products we sell. We have applied the normal purchase and normal sales exception (“NPNS”), as provided by accounting guidance for derivative instruments and hedging activities, to certain of our physical forward sales and purchase contracts. While these contracts are considered derivative instruments under the guidance for derivative instruments and hedging activities, they are not recorded at fair value, but rather are recorded in our consolidated financial statements when physical settlement of the contracts occurs. If it is determined that a transaction designated as NPNS no longer meets the scope of the exception, the fair value of the related contract is recorded as an asset or liability on the consolidated balance sheet and the difference between the fair value and the contract amount is immediately recognized through earnings.

The following describes our derivative classifications:

Cash Flow Hedges. Includes certain of our foreign currency forward contracts we enter into in order to mitigate the risk of currency exchange rate fluctuations.

Fair Value Hedges. Includes derivatives we enter into in order to hedge price risk associated with our inventory and certain firm commitments relating to fixed price purchase and sale contracts.

Non-designated Derivatives. Includes derivatives we primarily enter into in order to mitigate the risk of market price fluctuations in aviation, marine and land fuel in the form of swaps or futures as well as certain fixed price purchase and sale contracts and proprietary trading. In addition, non-designated derivatives are also entered into to hedge the risk of currency rate fluctuations.

As of September 30, 2012, our derivative instruments, at their respective fair value positions were as follows (in thousands, except mark-to-market prices):

Hedge Strategy	Settlement Period	Derivative Instrument	Notional	Unit	Mark-to- Market Prices			Mark-to- Market

Cash Flow Hedge	2012	Foreign currency contracts (long)	473	EUR	$	0.05		$	26
	2013	Foreign currency contracts (long)	1,758	EUR	0.05			88
								$	114

Fair Value Hedge	2012	Commodity contracts for inventory hedging (long)	16,999	GAL	$	0.12		$	2,041
	2012	Commodity contracts for inventory hedging (short)	71,083	GAL	(0.05		)	(3,398		)
	2012	Commodity contracts for inventory hedging (long)	19	MT	(0.21		)	(4		)
	2012	Commodity contracts for inventory hedging (short)	51	MT	(3.69		)	(188		)
								$	(1,549	)

Non-Designated	2012	Commodity contracts (long)	111,788	GAL	$	0.06		$	6,376
	2012	Commodity contracts (short)	182,095	GAL	(0.07		)	(12,388		)
	2012	Commodity contracts (long)	3,766	MT	11.81			44,487
	2012	Commodity contracts (short)	2,976	MT	(11.07		)	(32,939		)
	2013	Commodity contracts (long)	30,498	GAL	0.09			2,810
	2013	Commodity contracts (short)	86,249	GAL	(0.04		)	(3,022		)
	2013	Commodity contracts (long)	2,248	MT	6.52			14,659
	2013	Commodity contracts (short)	1,087	MT	(7.04		)	(7,653		)
	2014	Commodity contracts (long)	263	GAL	0.05			12
	2014	Commodity contracts (short)	1,048	GAL	0.07			76
	2014	Commodity contracts (long)	10	MT	2.70			27
	2014	Commodity contracts (short)	13	MT	6.08			79
	2015	Commodity contracts (long)	2	MT	1.00			2
	2015	Commodity contracts (short)	2	MT	(1.00		)	(2		)
	2012	Foreign currency contracts (long)	1,448	AUD	0.00			2
	2012	Foreign currency contracts (short)	4,092	AUD	0.00			4
	2012	Foreign currency contracts (long)	1,451	BRL	0.01			8
	2012	Foreign currency contracts (long)	17,978	CAD	0.01			114
	2012	Foreign currency contracts (short)	14,600	CAD	(0.03		)	(471		)
	2012	Foreign currency contracts (long)	3,614,091	CLP	0.00			61
	2012	Foreign currency contracts (short)	75,536	CLP	(0.00		)	(2		)
	2012	Foreign currency contracts (short)	8,455,751	COP	0.00			14
	2012	Foreign currency contracts (long)	16,400	DKK	0.01			126
	2012	Foreign currency contracts (short)	17,000	DKK	(0.01		)	(134		)
	2012	Foreign currency contracts (long)	16,628	EUR	0.03			541
	2012	Foreign currency contracts (short)	34,834	EUR	(0.04		)	(1,521		)
	2012	Foreign currency contracts (long)	58,715	GBP	0.03			1,621
	2012	Foreign currency contracts (short)	82,701	GBP	(0.03		)	(2,872		)
	2012	Foreign currency contracts (long)	22,502	JPY	0.00			1
	2012	Foreign currency contracts (short)	175,189	JPY	(0.00		)	(14		)
	2012	Foreign currency contracts (long)	352,026	MXN	0.00			303
	2012	Foreign currency contracts (short)	267,447	MXN	(0.00		)	(148		)
	2012	Foreign currency contracts (long)	14,000	NOK	0.00			20
	2012	Foreign currency contracts (short)	33,288	NOK	(0.00		)	(130		)
	2012	Foreign currency contracts (short)	6,367	RON	(0.02		)	(100		)
	2012	Foreign currency contracts (long)	18,902	SGD	0.02			356
	2012	Foreign currency contracts (short)	22,537	SGD	(0.02		)	(375		)
	2013	Foreign currency contracts (long)	28,390	GBP	0.03			972
	2013	Foreign currency contracts (short)	49,180	GBP	(0.03		)	(1,638		)
	2013	Foreign currency contracts (short)	15,768	JPY	(0.00		)	(1		)
	2014	Foreign currency contracts (long)	250	GBP	(0.01		)	(2		)
	2014	Foreign currency contracts (short)	1,430	GBP	(0.04		)	(52		)
								$	9,207

The following table presents information about our derivative instruments measured at fair value and their locations on the consolidated balance sheets (in thousands):

		As of
		September 30,		December 31,
	Balance Sheet Location	2012		2011
Derivative assets:
Derivatives designated as hedging instruments
Commodity contracts	Other current assets	$	3,276	$	528
Commodity contracts	Accrued expenses and other current liabilities	—		22
Foreign currency contracts	Accrued expenses and other current liabilities	99		—
Foreign currency contracts	Other long-term liabilities	15		—
		3,390		550
Derivatives not designated as hedging instruments
Commodity contracts	Other current assets	128,114		59,185
Commodity contracts	Non-current other assets	2,009		2,065
Commodity contracts	Accrued expenses and other current liabilities	3,489		3,231
Commodity contracts	Other long-term liabilities	2,793		40
Foreign currency contracts	Other current assets	647		1,912
Foreign currency contracts	Non-current other assets	34		1,082
Foreign currency contracts	Accrued expenses and other current liabilities	4,347		—
Foreign currency contracts	Other long-term liabilities	48		—
		141,481		67,515
		$	144,871	$	68,065

Derivative liabilities:
Derivatives designated as hedging instruments
Commodity contracts	Other current assets	$	18	$	1,519
Commodity contracts	Accrued expenses and other current liabilities	4,807		21
		4,825		1,540
Derivatives not designated as hedging instruments
Commodity contracts	Other current assets	90,522		37,713
Commodity contracts	Non-current other assets	84		2
Commodity contracts	Accrued expenses and other current liabilities	29,402		16,434
Commodity contracts	Other long-term liabilities	3,873		1,213
Foreign currency contracts	Other current assets	319		413
Foreign currency contracts	Non-current other assets	194		481
Foreign currency contracts	Accrued expenses and other current liabilities	7,684		124
Foreign currency contracts	Other long-term liabilities	196		—
		132,274		56,380
		$	137,099	$	57,920

The following table presents the effect and financial statement location of our derivative instruments and related hedged items in fair value hedging relationships on our consolidated statements of income and comprehensive income (in thousands):

		Realized and Unrealized Gain (Loss)								Realized and Unrealized Gain (Loss)
Derivatives	Location	2012			2011			Hedged Items	Location	2012			2011

Three months ended September 30,

Commodity contracts	Revenue	$	—		$	(7,081	)	Firm commitments	Revenue	$	—		$	7,284
Commodity contracts	Cost of revenue	—			1,112			Firm commitments	Cost of revenue	—			(855		)
Commodity contracts	Cost of revenue	(38,337		)	14,375			Inventories	Cost of revenue	44,615			(9,136		)
		$	(38,337	)	$	8,406				$	44,615		$	(2,707	)

Nine months ended September 30,

Commodity contracts	Revenue	$	265		$	9,124		Firm commitments	Revenue	$	(201	)	$	(9,505	)
Commodity contracts	Cost of revenue	(1,417		)	(6,718		)	Firm commitments	Cost of revenue	739			7,456
Commodity contracts	Cost of revenue	(28,144		)	(19,219		)	Inventories	Cost of revenue	41,196			35,160
		$	(29,296	)	$	(16,813	)			$	41,734		$	33,111

There were no gains or losses for the three and nine months ended September 30, 2012 and 2011 that were excluded from the assessment of the effectiveness of our fair value hedges.

The following table presents the effect and financial statement location of our derivative instruments in cash flow hedging relationships on our accumulated other comprehensive income and consolidated statements of income and comprehensive income (in thousands):

Amount of Gain

Recognized in Accumulated

Reclassified from Accumulated

Other Comprehensive Income

Location of

Other Comprehensive Income

(Effective Portion)

Realized Gain

(Effective Portion)

Derivatives

2012

2011

(Effective Portion)

2012

2011

Three and nine months ended September 30,

Foreign currency contracts

127

—

Other income (expense), net

—

In the event forecasted cash outflows are less than the hedged amounts, a portion or all of the gains or losses recorded in accumulated other comprehensive income are reclassified to the consolidated statements of income and comprehensive income.

The following table presents the effect and financial statement location of our derivative instruments not designated as hedging instruments on our consolidated statements of income and comprehensive income (in thousands):

		Realized and Unrealized
		Gain (Loss)
Derivatives	Location	2012			2011

Three months ended September 30,

Commodity contracts	Revenue	$	30,928		$	3,703
Commodity contracts	Cost of revenue	(29,272		)	(379		)
Foreign currency contracts	Revenue	(1,392		)	1,361
Foreign currency contracts	Other income (expense), net	(785		)	2,054
		$	(521	)	$	6,739

Nine months ended September 30,

Commodity contracts	Revenue	$	14,156		$	6,751
Commodity contracts	Cost of revenue	298			2,844
Foreign currency contracts	Revenue	(2,120		)	1,361
Foreign currency contracts	Other income (expense), net	(1,469		)	(818		)
		$	10,865		$	10,138

We enter into derivative instrument contracts which may require us to periodically post collateral. Certain of these derivative contracts contain clauses that are similar to credit-risk-related contingent features, including material adverse change, general adequate assurance and internal credit review clauses that may require additional collateral to be posted and/or settlement of the instruments in the event an aforementioned clause is triggered. The triggering events are not a quantifiable measure; rather they are based on good faith and reasonable determination by the counterparty that the triggers have occurred. The net liability position for such contracts, the collateral posted and the amount of assets required to be posted and/or to settle the positions should a contingent feature be triggered were not significant as of September 30, 2012.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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-Publisher FASB
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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Interest Income, Expense and Other Financing Costs

9 Months Ended

Sep. 30, 2012

Interest Income, Expense and Other Financing Costs

Interest Income, Expense and Other Financing Costs

3. Interest Income, Expense and Other Financing Costs

The following table provides additional information about our interest expense and other financing costs, net, for the periods presented (in thousands):

	For the Three Months ended						For the Nine Months ended
	September 30,						September 30,
	2012			2011			2012			2011
Interest income	$	256		$	165		$	781		$	391
Interest expense and other financing costs	(4,561		)	(4,956		)	(15,184		)	(12,005		)
	$	(4,305	)	$	(4,791	)	$	(14,403	)	$	(11,614	)

Other Comprehensive Loss and Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2012

Other Comprehensive Loss and Accumulated Other Comprehensive Loss

Other Comprehensive Loss and Accumulated Other Comprehensive Loss

4. Other Comprehensive Loss and Accumulated Other Comprehensive Loss

Our other comprehensive loss consists of foreign currency translation adjustment losses or gains related to our subsidiaries that have a functional currency other than the U.S. dollar and gains or losses relating to cash flow hedges. Our foreign currency translation adjustments amounted to losses of $0.7 million and $8.8 million for the three and nine months ended September 30, 2012, respectively, and losses of $10.8 million and $9.7 million for the three and nine months ended September 30, 2011, respectively. The foreign currency translation adjustment losses for the three and nine months ended September 30, 2012 were primarily due to the strengthening of the U.S. dollar as compared to the Brazilian Real. We recorded gains of $0.1 million on our cash flow hedges for the three and nine months ended September 30, 2012. As of September 30, 2012 and December 31, 2011, our accumulated other comprehensive loss amounted to $15.3 million and $6.5 million, respectively.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e689-108580

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-Publisher FASB
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-URI http://asc.fasb.org/extlink&oid=6522872

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes

9 Months Ended

Sep. 30, 2012

Income Taxes

Income Taxes

5. Income Taxes

Our income tax provision for the periods presented and the respective effective tax rates for such periods are as follows (in thousands, except for tax rates):

	For the Three Months ended						For the Nine Months ended
	September 30,						September 30,
	2012			2011			2012			2011
Income tax provision	$	14,683		$	10,649		$	33,249		$	32,113

Effective income tax rate	21.7		%	16.5		%	17.5		%	18.0		%

Our provision for income taxes for each of the three-month and nine-month periods ended September 30, 2012 and 2011 were calculated based on the estimated annual effective tax rate for the full 2012 and 2011 fiscal years. The provision for income taxes for the nine-month period ended September 30, 2012 includes an adjustment for an income tax benefit of $3.3 million for a discrete item related to a change in estimate in an uncertain tax position which was recognized in the three-month period ended March 31, 2012. The actual effective tax rate for the full 2012 fiscal year may be materially different as a result of differences between estimated versus actual results and the geographic tax jurisdictions in which the results are earned.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings per Common Share

9 Months Ended

Sep. 30, 2012

Earnings per Common Share

Earnings per Common Share

6. Earnings per Common Share

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

	For the Three Months ended				For the Nine Months ended
	September 30,				September 30,
	2012		2011		2012		2011

Numerator:
Net income attributable to World Fuel	$	51,494	$	52,655	$	146,509	$	143,967

Denominator:
Weighted average common shares for basic earnings per common share	71,216		70,939		71,128		70,593
Effect of dilutive securities	600		648		663		822
Weighted average common shares for diluted earnings per common share	71,816		71,587		71,791		71,415

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	452		119		307		85

Basic earnings per common share	$	0.72	$	0.74	$	2.06	$	2.04

Diluted earnings per common share	$	0.72	$	0.74	$	2.04	$	2.02

Commitments and Contingencies

9 Months Ended

Sep. 30, 2012

Commitments and Contingencies

Commitments and Contingencies

7. Commitments and Contingencies

Legal Matters

Cathay Pacific Litigation

On April 11, 2012, Cathay Pacific Airways Limited (“Cathay”) filed a writ in the High Court of the Republic of Singapore against one of our subsidiaries, World Fuel Services (Singapore) Pte Ltd. (“WFSS”) alleging property damage and bodily injuries arising out of the emergency landing of a Cathay aircraft in Hong Kong, which Cathay alleges was caused by contaminated fuel supplied by WFSS. Although not specified in the writ, Cathay claims damages relating to the incident of approximately $34.0 million. Because the outcome of litigation is inherently uncertain, we cannot estimate the possible loss or range of loss for this matter. We intend to vigorously defend this claim, and we believe our liability in this matter (if any) should be adequately covered by insurance. As of September 30, 2012, we have not recorded any accruals associated with this claim.

Other Matters

We are involved in litigation and administrative proceedings primarily arising in the normal course of our business. We are not currently a party to any other pending litigation or administrative proceeding that is expected to have a material adverse effect on our business, financial condition, results of operations or cash flows. As of September 30, 2012, we had recorded certain accruals which were not significant.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

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-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

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-Paragraph 1
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-Publisher FASB
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+ Details

Fair Value Measurements

9 Months Ended

Sep. 30, 2012

Fair Value Measurements

Fair Value Measurements

8. Fair Value Measurements

The carrying amounts of cash and cash equivalents, accounts receivable, net, accounts payable and accrued expenses and other current liabilities approximate fair value based on the short-term maturities of these instruments. We believe the carrying values of our debt and notes receivable approximate fair value since these instruments bear interest either at variable rates or fixed rates which are not significantly different than market rates. Based on the fair value hierarchy, our debt of $287.2 million as of September 30, 2012 and $287.1 million as of December 31, 2011 and our notes receivable of $7.0 million as of September 30, 2012 and $6.8 million as of December 31, 2011 are categorized in Level 3.

The following table presents information about our assets and liabilities that are measured at estimated fair value on a recurring basis (in thousands):

	Level 1		Level 2		Level 3		Sub-Total		Netting and Collateral			Total
As of September 30, 2012
Assets:
Commodity contracts	$	31,312	$	106,622	$	1,747	$	139,681	$	(101,945	)	$	37,736
Foreign currency contracts	—		5,190		—		5,190		(5,020		)	170
Hedged item inventories	—		575		—		575		—			575
Total	$	31,312	$	112,387	$	1,747	$	145,446	$	(106,965	)	$	38,481
Liabilities:
Commodity contracts	$	32,699	$	96,007	$	—	$	128,706	$	(101,695	)	$	27,011
Foreign currency contracts	—		8,393		—		8,393		(5,020		)	3,373
Hedged item inventories	—		1,445		—		1,445		—			1,445
Total	$	32,699	$	105,845	$	—	$	138,544	$	(106,715	)	$	31,829

As of December 31, 2011
Assets:
Commodity contracts	$	14,038	$	51,033	$	—	$	65,071	$	(43,275	)	$	21,796
Foreign currency contracts	—		2,994		—		2,994		(893		)	2,101
Hedged item inventories	—		3,216		—		3,216		—			3,216
Hedged item commitments	—		206		—		206		—			206
Total	$	14,038	$	57,449	$	—	$	71,487	$	(44,168	)	$	27,319
Liabilities:
Commodity contracts	$	10,148	$	46,754	$	—	$	56,902	$	(43,291	)	$	13,611
Foreign currency contracts	—		1,018		—		1,018		(893		)	125
Hedged item inventories	—		24		—		24		—			24
Earn-out	—		—		4,194		4,194		—			4,194
Total	$	10,148	$	47,796	$	4,194	$	62,138	$	(44,184	)	$	17,954

Fair value of commodity contracts and hedged item commitments is derived using forward prices that take into account commodity prices, basis differentials, interest rates, credit risk ratings, option volatility and currency rates. Commodity contracts categorized in Level 3 are due to the significance of the unobservable model inputs to their respective fair values. The unobservable model inputs, such as basis differentials, are based on the difference between the historical prices of our prior transactions and the underlying observable data. Fair value of hedged item inventories is derived using spot commodity prices and basis differentials. Fair value of foreign currency contracts is derived using forward prices that take into account interest rates, credit risk ratings and currency rates.

For our derivative contracts, we may enter into master netting, collateral and offset agreements with counterparties. These agreements provide us the ability to offset a counterparty’s rights and obligations, request additional collateral when necessary or liquidate the collateral in the event of counterparty default. We net fair value of cash collateral paid or received against fair value amounts recognized for net derivative positions executed with the same counterparty under the same master netting or offset agreement.

As of September 30, 2012, we had $4.9 million of cash collateral deposits held by financial counterparties included in other current assets in the accompanying consolidated balance sheets. In addition, as of September 30, 2012, we have offset $0.2 million of cash collateral received from customers against the total amount of commodity fair value assets in the above table. As of December 31, 2011, we had $11.8 million of cash collateral deposits held by financial counterparties and there were no significant amounts of cash collateral that were offset against the total commodity fair value assets and liabilities in the above table.

The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis that utilized Level 3 inputs for the periods presented (in thousands):

	Beginning of Period		Total Gains (Losses) Included in Earnings			Settlements		End of Period		Change in Unrealized Gains Relating to Assets and Liabilities that are Held at end of Period		Location of Total Gains (Losses) Included in Earnings
Three months ended September 30, 2012
Assets:
Commodity contracts	$	—	$	2,060		$	313	$	1,747	$	1,747	Revenue

Three months ended September 30, 2011
Liabilities:
Earn-out	$	5,156	$	149		$	—	$	5,007	$	149	Other income (expense), net

Nine months ended September 30, 2012
Assets:
Commodity contracts	$	—	$	2,060		$	313	$	1,747	$	1,747	Revenue
Liabilities:
Earn-out	$	4,194	$	(110	)	$	4,304	$	—	$	—	Other income (expense), net

Nine months ended September 30, 2011
Assets:
Commodity contracts	$	90	$	—		$	90	$	—	$	—	Revenue
Liabilities:
Earn-out	$	5,012	$	5		$	—	$	5,007	$	5	Other income (expense), net

Our policy is to recognize transfers between Level 1, 2 or 3 as of the beginning of the reporting period in which the event or change in circumstances caused the transfer to occur. There were no transfers between Level 1, 2 or 3 during the periods presented. In addition, there were no significant Level 3 purchases, sales or issuances for the periods presented.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Business Segments

9 Months Ended

Sep. 30, 2012

Business Segments

Business Segments

9. Business Segments

Based on the nature of operations and quantitative thresholds pursuant to accounting guidance for segment reporting, we have three reportable operating business segments: aviation, marine and land. Corporate expenses are allocated to the segments based on usage, where possible, or on other factors according to the nature of the activity. Our results of operations include (i) the results of Nordic Camp Supply ApS and certain affiliates (“NCS”) in our aviation segment commencing on March 1, 2011, its acquisition date, and since January 1, 2012, a portion of NCS results is now included in our land segment, (ii) the results of Ascent Aviation Group, Inc. (“Ascent”) in our aviation segment commencing on April 1, 2011, its acquisition date and (iii) the results of the CarterEnergy business in our land segment commencing on September 1, 2012, its acquisition date. The accounting policies of the reportable operating segments are the same as those described in the Summary of Significant Accounting Policies (see Note 1).

Information concerning our revenue, gross profit and income from operations by segment is as follows (in thousands):

	For the Three Months ended				For the Nine Months ended
	September 30,				September 30,
	2012		2011		2012		2011
Revenue:
Aviation segment	$	3,823,338	$	3,540,503	$	10,782,756	$	9,551,924
Marine segment	3,630,094		4,045,176		11,301,429		10,577,578
Land segment	2,458,241		1,925,113		6,925,340		5,169,405
	$	9,911,673	$	9,510,792	$	29,009,525	$	25,298,907

Gross profit:
Aviation segment	$	84,197	$	83,966	$	218,282	$	236,121
Marine segment	53,960		50,069		160,785		140,958
Land segment	42,595		36,812		131,043		95,638
	$	180,752	$	170,847	$	510,110	$	472,717

Income from operations:
Aviation segment	$	39,808	$	41,228	$	92,601	$	117,022
Marine segment	27,296		24,899		82,672		68,017
Land segment	18,185		18,653		62,737		43,342
	85,289		84,780		238,010		228,381
Corporate overhead - unallocated	14,241		13,855		35,348		35,828
	$	71,048	$	70,925	$	202,662	$	192,553

Information concerning our accounts receivable, net and total assets by segment is as follows (in thousands):

	As of
	September 30,		December 31,
	2012		2011
Accounts receivable, net:
Aviation segment, net of allowance for bad debt of $9,333 and $8,441 as of September 30, 2012 and December 31, 2011, respectively	$	692,554	$	569,086
Marine segment, net of allowance for bad debt of $8,734 and $9,495 as of September 30, 2012 and December 31, 2011, respectively	1,222,379		1,261,340
Land segment, net of allowance for bad debt of $7,121 and $6,365 as of September 30, 2012 and December 31, 2011, respectively	465,518		330,135
	$	2,380,451	$	2,160,561

Total assets:
Aviation segment	$	1,561,799	$	1,149,031
Marine segment	1,521,167		1,568,378
Land segment	992,690		816,595
Corporate	102,809		163,242
	$	4,178,465	$	3,697,246

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Acquisitions and Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2012

Acquisitions and Significant Accounting Policies

Accounts Receivable Purchase Agreement

Goodwill

- Definition

Disclosure of accounting policy for recognizing whether a transfer of a financial asset qualifies for sale treatment, and its initial and subsequent accounting for a sale transaction. If an entity has securitized financial assets during any period presented and accounts for that transfer as a sale, for each major asset type (for example, mortgage loans, credit card receivables, and automobile loans), the entity generally discloses its accounting policies for initially and subsequently measuring any interests that it obtains and sells, or those it continues to hold in the transaction, including the methodology (for example, quoted market prices) and significant assumptions used to value such interests, and the gains and losses resulting from the sale.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Position (SOP)
-Number 01-6
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-Subparagraph a(3)
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+ Details

Acquisitions and Significant Accounting Policies (Tables) - 2012 Acquisitions

9 Months Ended

Sep. 30, 2012

Acquisitions

Reconciliation of the estimated aggregate purchase price for the acquisitions to the cash paid for the acquisitions, net of cash acquired

Estimated purchase price	$	71,151
Less: Promissory notes issued	7,214
Estimated cash consideration	63,937
Plus: Amounts due from sellers, net	23
Cash consideration paid	63,960
Less: Cash acquired	285
Cash paid for acquisition of businesses, net of cash acquired	$	63,675

Schedule of estimated purchase price allocation for the acquisitions

Assets acquired:
Cash and cash equivalents	$	285
Accounts receivable	50,951
Inventories	7,311
Property and equipment	5,174
Identifiable intangible assets	24,380
Goodwill	49,538
Other current and long-term assets	3,371
Liabilities assumed:
Accounts payable	(57,994		)
Accrued expenses and other current liabilities	(10,200		)
Other long-term liabilities	(1,665		)
Estimated purchase price	$	71,151

Derivatives (Tables)

9 Months Ended

Sep. 30, 2012

Derivatives

Schedule of fair value positions of derivative instruments

Hedge Strategy	Settlement Period	Derivative Instrument	Notional	Unit	Mark-to- Market Prices			Mark-to- Market

Cash Flow Hedge	2012	Foreign currency contracts (long)	473	EUR	$	0.05		$	26
	2013	Foreign currency contracts (long)	1,758	EUR	0.05			88
								$	114

Fair Value Hedge	2012	Commodity contracts for inventory hedging (long)	16,999	GAL	$	0.12		$	2,041
	2012	Commodity contracts for inventory hedging (short)	71,083	GAL	(0.05		)	(3,398		)
	2012	Commodity contracts for inventory hedging (long)	19	MT	(0.21		)	(4		)
	2012	Commodity contracts for inventory hedging (short)	51	MT	(3.69		)	(188		)
								$	(1,549	)

Non-Designated	2012	Commodity contracts (long)	111,788	GAL	$	0.06		$	6,376
	2012	Commodity contracts (short)	182,095	GAL	(0.07		)	(12,388		)
	2012	Commodity contracts (long)	3,766	MT	11.81			44,487
	2012	Commodity contracts (short)	2,976	MT	(11.07		)	(32,939		)
	2013	Commodity contracts (long)	30,498	GAL	0.09			2,810
	2013	Commodity contracts (short)	86,249	GAL	(0.04		)	(3,022		)
	2013	Commodity contracts (long)	2,248	MT	6.52			14,659
	2013	Commodity contracts (short)	1,087	MT	(7.04		)	(7,653		)
	2014	Commodity contracts (long)	263	GAL	0.05			12
	2014	Commodity contracts (short)	1,048	GAL	0.07			76
	2014	Commodity contracts (long)	10	MT	2.70			27
	2014	Commodity contracts (short)	13	MT	6.08			79
	2015	Commodity contracts (long)	2	MT	1.00			2
	2015	Commodity contracts (short)	2	MT	(1.00		)	(2		)
	2012	Foreign currency contracts (long)	1,448	AUD	0.00			2
	2012	Foreign currency contracts (short)	4,092	AUD	0.00			4
	2012	Foreign currency contracts (long)	1,451	BRL	0.01			8
	2012	Foreign currency contracts (long)	17,978	CAD	0.01			114
	2012	Foreign currency contracts (short)	14,600	CAD	(0.03		)	(471		)
	2012	Foreign currency contracts (long)	3,614,091	CLP	0.00			61
	2012	Foreign currency contracts (short)	75,536	CLP	(0.00		)	(2		)
	2012	Foreign currency contracts (short)	8,455,751	COP	0.00			14
	2012	Foreign currency contracts (long)	16,400	DKK	0.01			126
	2012	Foreign currency contracts (short)	17,000	DKK	(0.01		)	(134		)
	2012	Foreign currency contracts (long)	16,628	EUR	0.03			541
	2012	Foreign currency contracts (short)	34,834	EUR	(0.04		)	(1,521		)
	2012	Foreign currency contracts (long)	58,715	GBP	0.03			1,621
	2012	Foreign currency contracts (short)	82,701	GBP	(0.03		)	(2,872		)
	2012	Foreign currency contracts (long)	22,502	JPY	0.00			1
	2012	Foreign currency contracts (short)	175,189	JPY	(0.00		)	(14		)
	2012	Foreign currency contracts (long)	352,026	MXN	0.00			303
	2012	Foreign currency contracts (short)	267,447	MXN	(0.00		)	(148		)
	2012	Foreign currency contracts (long)	14,000	NOK	0.00			20
	2012	Foreign currency contracts (short)	33,288	NOK	(0.00		)	(130		)
	2012	Foreign currency contracts (short)	6,367	RON	(0.02		)	(100		)
	2012	Foreign currency contracts (long)	18,902	SGD	0.02			356
	2012	Foreign currency contracts (short)	22,537	SGD	(0.02		)	(375		)
	2013	Foreign currency contracts (long)	28,390	GBP	0.03			972
	2013	Foreign currency contracts (short)	49,180	GBP	(0.03		)	(1,638		)
	2013	Foreign currency contracts (short)	15,768	JPY	(0.00		)	(1		)
	2014	Foreign currency contracts (long)	250	GBP	(0.01		)	(2		)
	2014	Foreign currency contracts (short)	1,430	GBP	(0.04		)	(52		)
								$	9,207

Schedule of derivative instruments measured at fair value and their locations on the consolidated balance sheets

		As of
		September 30,		December 31,
	Balance Sheet Location	2012		2011
Derivative assets:
Derivatives designated as hedging instruments
Commodity contracts	Other current assets	$	3,276	$	528
Commodity contracts	Accrued expenses and other current liabilities	—		22
Foreign currency contracts	Accrued expenses and other current liabilities	99		—
Foreign currency contracts	Other long-term liabilities	15		—
		3,390		550
Derivatives not designated as hedging instruments
Commodity contracts	Other current assets	128,114		59,185
Commodity contracts	Non-current other assets	2,009		2,065
Commodity contracts	Accrued expenses and other current liabilities	3,489		3,231
Commodity contracts	Other long-term liabilities	2,793		40
Foreign currency contracts	Other current assets	647		1,912
Foreign currency contracts	Non-current other assets	34		1,082
Foreign currency contracts	Accrued expenses and other current liabilities	4,347		—
Foreign currency contracts	Other long-term liabilities	48		—
		141,481		67,515
		$	144,871	$	68,065

Derivative liabilities:
Derivatives designated as hedging instruments
Commodity contracts	Other current assets	$	18	$	1,519
Commodity contracts	Accrued expenses and other current liabilities	4,807		21
		4,825		1,540
Derivatives not designated as hedging instruments
Commodity contracts	Other current assets	90,522		37,713
Commodity contracts	Non-current other assets	84		2
Commodity contracts	Accrued expenses and other current liabilities	29,402		16,434
Commodity contracts	Other long-term liabilities	3,873		1,213
Foreign currency contracts	Other current assets	319		413
Foreign currency contracts	Non-current other assets	194		481
Foreign currency contracts	Accrued expenses and other current liabilities	7,684		124
Foreign currency contracts	Other long-term liabilities	196		—
		132,274		56,380
		$	137,099	$	57,920

Impact of derivatives designated as fair value hedges on the consolidated statements of income and comprehensive income

		Realized and Unrealized Gain (Loss)								Realized and Unrealized Gain (Loss)
Derivatives	Location	2012			2011			Hedged Items	Location	2012			2011

Three months ended September 30,

Commodity contracts	Revenue	$	—		$	(7,081	)	Firm commitments	Revenue	$	—		$	7,284
Commodity contracts	Cost of revenue	—			1,112			Firm commitments	Cost of revenue	—			(855		)
Commodity contracts	Cost of revenue	(38,337		)	14,375			Inventories	Cost of revenue	44,615			(9,136		)
		$	(38,337	)	$	8,406				$	44,615		$	(2,707	)

Nine months ended September 30,

Commodity contracts	Revenue	$	265		$	9,124		Firm commitments	Revenue	$	(201	)	$	(9,505	)
Commodity contracts	Cost of revenue	(1,417		)	(6,718		)	Firm commitments	Cost of revenue	739			7,456
Commodity contracts	Cost of revenue	(28,144		)	(19,219		)	Inventories	Cost of revenue	41,196			35,160
		$	(29,296	)	$	(16,813	)			$	41,734		$	33,111

Impact of derivatives designated as hedges on the accumulated other comprehensive income and consolidated statements of income and comprehensive income

Amount of Gain

Recognized in Accumulated

Reclassified from Accumulated

Other Comprehensive Income

Location of

Other Comprehensive Income

(Effective Portion)

Realized Gain

(Effective Portion)

Derivatives

2012

2011

(Effective Portion)

2012

2011

Three and nine months ended September 30,

Foreign currency contracts

127

—

Other income (expense), net

—

Impact of derivatives not designated as hedges on the consolidated statements of income and comprehensive income

		Realized and Unrealized
		Gain (Loss)
Derivatives	Location	2012			2011

Three months ended September 30,

Commodity contracts	Revenue	$	30,928		$	3,703
Commodity contracts	Cost of revenue	(29,272		)	(379		)
Foreign currency contracts	Revenue	(1,392		)	1,361
Foreign currency contracts	Other income (expense), net	(785		)	2,054
		$	(521	)	$	6,739

Nine months ended September 30,

Commodity contracts	Revenue	$	14,156		$	6,751
Commodity contracts	Cost of revenue	298			2,844
Foreign currency contracts	Revenue	(2,120		)	1,361
Foreign currency contracts	Other income (expense), net	(1,469		)	(818		)
		$	10,865		$	10,138

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41641-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41678-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

+ Details

Interest Income, Expense and Other Financing Costs (Tables)

9 Months Ended

Sep. 30, 2012

Interest Income, Expense and Other Financing Costs

Schedule of interest income and expense and other financing costs, net

	For the Three Months ended						For the Nine Months ended
	September 30,						September 30,
	2012			2011			2012			2011
Interest income	$	256		$	165		$	781		$	391
Interest expense and other financing costs	(4,561		)	(4,956		)	(15,184		)	(12,005		)
	$	(4,305	)	$	(4,791	)	$	(14,403	)	$	(11,614	)

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Income Taxes

Schedule of Income tax provision and the respective effective tax rates

	For the Three Months ended						For the Nine Months ended
	September 30,						September 30,
	2012			2011			2012			2011
Income tax provision	$	14,683		$	10,649		$	33,249		$	32,113

Effective income tax rate	21.7		%	16.5		%	17.5		%	18.0		%

Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings per Common Share

Computation of basic and diluted earnings per common share

	For the Three Months ended				For the Nine Months ended
	September 30,				September 30,
	2012		2011		2012		2011

Numerator:
Net income attributable to World Fuel	$	51,494	$	52,655	$	146,509	$	143,967

Denominator:
Weighted average common shares for basic earnings per common share	71,216		70,939		71,128		70,593
Effect of dilutive securities	600		648		663		822
Weighted average common shares for diluted earnings per common share	71,816		71,587		71,791		71,415

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	452		119		307		85

Basic earnings per common share	$	0.72	$	0.74	$	2.06	$	2.04

Diluted earnings per common share	$	0.72	$	0.74	$	2.04	$	2.02

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Measurements

Schedule of assets and liabilities measured at estimated fair value on a recurring basis

	Level 1		Level 2		Level 3		Sub-Total		Netting and Collateral			Total
As of September 30, 2012
Assets:
Commodity contracts	$	31,312	$	106,622	$	1,747	$	139,681	$	(101,945	)	$	37,736
Foreign currency contracts	—		5,190		—		5,190		(5,020		)	170
Hedged item inventories	—		575		—		575		—			575
Total	$	31,312	$	112,387	$	1,747	$	145,446	$	(106,965	)	$	38,481
Liabilities:
Commodity contracts	$	32,699	$	96,007	$	—	$	128,706	$	(101,695	)	$	27,011
Foreign currency contracts	—		8,393		—		8,393		(5,020		)	3,373
Hedged item inventories	—		1,445		—		1,445		—			1,445
Total	$	32,699	$	105,845	$	—	$	138,544	$	(106,715	)	$	31,829

As of December 31, 2011
Assets:
Commodity contracts	$	14,038	$	51,033	$	—	$	65,071	$	(43,275	)	$	21,796
Foreign currency contracts	—		2,994		—		2,994		(893		)	2,101
Hedged item inventories	—		3,216		—		3,216		—			3,216
Hedged item commitments	—		206		—		206		—			206
Total	$	14,038	$	57,449	$	—	$	71,487	$	(44,168	)	$	27,319
Liabilities:
Commodity contracts	$	10,148	$	46,754	$	—	$	56,902	$	(43,291	)	$	13,611
Foreign currency contracts	—		1,018		—		1,018		(893		)	125
Hedged item inventories	—		24		—		24		—			24
Earn-out	—		—		4,194		4,194		—			4,194
Total	$	10,148	$	47,796	$	4,194	$	62,138	$	(44,184	)	$	17,954

Schedule of assets and liabilities that are measured at fair value on a recurring basis that utilized Level 3 inputs

	Beginning of Period		Total Gains (Losses) Included in Earnings			Settlements		End of Period		Change in Unrealized Gains Relating to Assets and Liabilities that are Held at end of Period		Location of Total Gains (Losses) Included in Earnings
Three months ended September 30, 2012
Assets:
Commodity contracts	$	—	$	2,060		$	313	$	1,747	$	1,747	Revenue

Three months ended September 30, 2011
Liabilities:
Earn-out	$	5,156	$	149		$	—	$	5,007	$	149	Other income (expense), net

Nine months ended September 30, 2012
Assets:
Commodity contracts	$	—	$	2,060		$	313	$	1,747	$	1,747	Revenue
Liabilities:
Earn-out	$	4,194	$	(110	)	$	4,304	$	—	$	—	Other income (expense), net

Nine months ended September 30, 2011
Assets:
Commodity contracts	$	90	$	—		$	90	$	—	$	—	Revenue
Liabilities:
Earn-out	$	5,012	$	5		$	—	$	5,007	$	5	Other income (expense), net

Business Segments (Tables)

9 Months Ended

Sep. 30, 2012

Business Segments

Schedule of revenue, gross profit and income from operations by segment

	For the Three Months ended				For the Nine Months ended
	September 30,				September 30,
	2012		2011		2012		2011
Revenue:
Aviation segment	$	3,823,338	$	3,540,503	$	10,782,756	$	9,551,924
Marine segment	3,630,094		4,045,176		11,301,429		10,577,578
Land segment	2,458,241		1,925,113		6,925,340		5,169,405
	$	9,911,673	$	9,510,792	$	29,009,525	$	25,298,907

Gross profit:
Aviation segment	$	84,197	$	83,966	$	218,282	$	236,121
Marine segment	53,960		50,069		160,785		140,958
Land segment	42,595		36,812		131,043		95,638
	$	180,752	$	170,847	$	510,110	$	472,717

Income from operations:
Aviation segment	$	39,808	$	41,228	$	92,601	$	117,022
Marine segment	27,296		24,899		82,672		68,017
Land segment	18,185		18,653		62,737		43,342
	85,289		84,780		238,010		228,381
Corporate overhead - unallocated	14,241		13,855		35,348		35,828
	$	71,048	$	70,925	$	202,662	$	192,553

Schedule of accounts receivable, net and total assets by segment

	As of
	September 30,		December 31,
	2012		2011
Accounts receivable, net:
Aviation segment, net of allowance for bad debt of $9,333 and $8,441 as of September 30, 2012 and December 31, 2011, respectively	$	692,554	$	569,086
Marine segment, net of allowance for bad debt of $8,734 and $9,495 as of September 30, 2012 and December 31, 2011, respectively	1,222,379		1,261,340
Land segment, net of allowance for bad debt of $7,121 and $6,365 as of September 30, 2012 and December 31, 2011, respectively	465,518		330,135
	$	2,380,451	$	2,160,561

Total assets:
Aviation segment	$	1,561,799	$	1,149,031
Marine segment	1,521,167		1,568,378
Land segment	992,690		816,595
Corporate	102,809		163,242
	$	4,178,465	$	3,697,246

Acquisitions and Significant Accounting Policies (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($) Item	Jun. 30, 2012 Item	Sep. 30, 2012 USD ($) Item	Sep. 30, 2011 USD ($)	Dec. 31, 2011 USD ($)
Estimated aggregate purchase price of acquisitions
Cash paid for acquisition of businesses, net of cash acquired			$ 71,337	$ 112,315
Assets acquired:
Goodwill	$ 51,300		51,300
Intangible assets
Acquisition of business, goodwill amount recorded			53,900
Identifiable intangible assets	117,722		117,722		$ 107,620
Goodwill
Goodwill	396,923		396,923		346,246
Increase in goodwill			50,700
Accounts Receivable Purchase Agreement
Maximum amount of accounts receivable to be sold under a Receivables Purchase Agreement ("RPA")	$ 125,000		$ 125,000
Percentage rate added to floating market rate to get discount margin	2.00%		2.00%
Accounts receivable sold	$ 84,700		$ 84,700
Retained beneficial interest recorded	$ 19,300		19,300
Aviation segment
Goodwill
Reduction in goodwill due to foreign currency translation adjustments			100
Marine segment
Goodwill
Reduction in goodwill due to foreign currency translation adjustments			500
2012 Acquisitions
Acquisitions
Number of acquisitions \| Item	2	2
Estimated aggregate purchase price of acquisitions
Purchase price	$ 71,151		71,151
Less: Promissory notes is sued	7,214		7,214
Estimated cash consideration	63,937		63,937
Plus: Amounts due from sellers, net	23		23
Cash consideration paid	63,960		63,960
Less: Cash acquired			285
Cash paid for acquisition of businesses, net of cash acquired			63,675
Assets acquired:
Cash and cash equivalents	285		285
Accounts receivable	50,951		50,951
Inventories	7,311		7,311
Property and equipment	5,174		5,174
Identifiable intangible assets	24,380		24,380
Goodwill	49,538		49,538
Other current and long-term assets	3,371		3,371
Liabilities assumed:
Accounts payable	(57,994)		(57,994)
Accrued expenses and other current liabilities	(10,200)		(10,200)
Other long-term liabilities	(1,665)		(1,665)
Estimate purchase price	71,151		71,151
Intangible assets
Goodwill anticipated to be deductible for tax purposes	40,800		40,800
2012 Acquisitions \| Aviation segment
Acquisitions
Number of acquisitions \| Item		1
Intangible assets
Acquisition of business, goodwill amount recorded			7,300
2012 Acquisitions \| Land segment
Intangible assets
Acquisition of business, goodwill amount recorded			42,200
2012 Acquisitions \| Trademark/Trade name rights
Intangible assets
Acquired identifiable indefinite-lived intangible assets	1,800		1,800
2012 Acquisitions \| Customer relationships
Intangible assets
Acquired identifiable finite-lived intangible assets	20,600		$ 20,600
Weighted average lives of identifiable intangible assets			9 years 2 months 12 days
2012 Acquisitions \| Other identifiable intangible assets
Intangible assets
Acquired identifiable finite-lived intangible assets	$ 2,000		$ 2,000
Weighted average lives of identifiable intangible assets			6 years 3 months 18 days
Carter Energy Corporation
Acquisitions
Minimum number of retail operators, to whom, acquired company distributes gasoline and diesel fuel \| Item	700		700
2011 Acquisitions \| Reclassification \| Reclassification 2
Estimated aggregate purchase price of acquisitions
Purchase price					700
Intangible assets
Identifiable intangible assets					(1,100)
2011 Acquisitions \| Aviation segment \| Reclassification \| Reclassification 1
Goodwill
Goodwill					(2,900)
2011 Acquisitions \| Aviation segment \| Reclassification \| Reclassification 2
Goodwill
Goodwill					1,800
2011 Acquisitions \| Land segment \| Reclassification \| Reclassification 1
Goodwill
Goodwill					$ 2,900

Derivatives (Details) - Sep. 30, 2012 € in Thousands, ¥ in Thousands, £ in Thousands, kr in Thousands, kr in Thousands, R$ in Thousands, MT in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, in Thousands	USD ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	GBP (£) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	EUR (€) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	AUD ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	JPY (¥) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	CAD ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	BRL (R$) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	SGD ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	CLP ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	COP ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	DKK (kr) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	MXN ($) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	NOK (kr) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK	RON ( ) GAL MT USDPerGAL USDPerMetricTon USDPerCAD USDPerEUR USDPerGBP USDPerMXN USDPerDKK USDPerCLP USDPerAUD USDPerBRL USDPerCOP USDPerSGD USDPerRON USDPerJPY USDPerNOK
Derivatives designated as hedging instruments \| Commodity contract (short) \| 2012 \| MT
Derivative instruments, at their respective fair value positions
Fair Value Hedge, Notional value of commodity contracts	51
Mark-to-Market Prices of fair value hedge commodity contracts \| USDPerMetricTon	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)	(3.69)
Mark-to-Market value of fair value hedge commodity contracts	$ (188)
Derivatives designated as hedging instruments \| Commodity contract inventory (long) \| 2012 \| GAL
Derivative instruments, at their respective fair value positions
Fair Value Hedge, Notional value of commodity contracts \| GAL	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000	16,999,000
Mark-to-Market Prices of fair value hedge commodity contracts \| USDPerGAL	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Mark-to-Market value of fair value hedge commodity contracts	$ 2,041
Derivatives designated as hedging instruments \| Commodity contract inventory (long) \| 2012 \| MT
Derivative instruments, at their respective fair value positions
Fair Value Hedge, Notional value of commodity contracts	19
Mark-to-Market Prices of fair value hedge commodity contracts \| USDPerMetricTon	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)	(0.21)
Mark-to-Market value of fair value hedge commodity contracts	$ (4)
Derivatives designated as hedging instruments \| Commodity contract inventory (short) \| 2012 \| GAL
Derivative instruments, at their respective fair value positions
Fair Value Hedge, Notional value of commodity contracts \| GAL	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000	71,083,000
Mark-to-Market Prices of fair value hedge commodity contracts \| USDPerMetricTon	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)	(0.05)
Mark-to-Market value of fair value hedge commodity contracts	$ (3,398)
Derivatives designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| EUR
Derivative instruments, at their respective fair value positions
Cash Flow Hedge, Notional value of commodity contracts \| €			473
Mark-to-Market Prices of cash flow hedge commodity contracts \| USDPerEUR	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Mark-to-Market value of cash flow hedge commodity contracts \| €			€ 26
Derivatives designated as hedging instruments \| Foreign currency contracts (long) \| 2013 \| EUR
Derivative instruments, at their respective fair value positions
Cash Flow Hedge, Notional value of commodity contracts \| €			1,758
Mark-to-Market Prices of cash flow hedge commodity contracts \| USDPerEUR	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Mark-to-Market value of cash flow hedge commodity contracts \| €			€ 88
Derivatives designated as hedging instruments \| Cash flow hedges
Derivative instruments, at their respective fair value positions
Mark-to-Market, Total	$ 114
Derivatives designated as hedging instruments \| Fair value hedges
Derivative instruments, at their respective fair value positions
Mark-to-Market, Total	(1,549)
Derivatives not designated as hedging instruments
Derivative instruments, at their respective fair value positions
Mark-to-Market, Total	$ 9,207
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2012 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000	111,788,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Mark-to-Market value of non-designated commodity contracts	$ 6,376
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2012 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766	3,766
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81	11.81
Mark-to-Market value of non-designated commodity contracts	$ 44,487
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2013 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000	30,498,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09
Mark-to-Market value of non-designated commodity contracts	$ 2,810
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2013 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248	2,248
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52	6.52
Mark-to-Market value of non-designated commodity contracts	$ 14,659
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2014 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000	263,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Mark-to-Market value of non-designated commodity contracts	$ 12
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2014 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	10	10	10	10	10	10	10	10	10	10	10	10	10	10
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70	2.70
Mark-to-Market value of non-designated commodity contracts	$ 27
Derivatives not designated as hedging instruments \| Commodity contract (long) \| 2015 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Mark-to-Market value of non-designated commodity contracts	$ 2
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2012 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000	182,095,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)	(0.07)
Mark-to-Market value of non-designated commodity contracts	$ (12,388)
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2012 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976	2,976
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)	(11.07)
Mark-to-Market value of non-designated commodity contracts	$ (32,939)
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2013 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000	86,249,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)
Mark-to-Market value of non-designated commodity contracts	$ (3,022)
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2013 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087	1,087
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)	(7.04)
Mark-to-Market value of non-designated commodity contracts	$ (7,653)
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2014 \| GAL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| GAL	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000	1,048,000
Mark-to-Market Prices of non-designated commodity contracts \| USDPerGAL	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07
Mark-to-Market value of non-designated commodity contracts	$ 76
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2014 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	13	13	13	13	13	13	13	13	13	13	13	13	13	13
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08	6.08
Mark-to-Market value of non-designated commodity contracts	$ 79
Derivatives not designated as hedging instruments \| Commodity contract (short) \| 2015 \| MT
Derivative instruments, at their respective fair value positions
Non-Designated, Notional value of commodity contracts \| MT	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Mark-to-Market Prices of non-designated commodity contracts \| USDPerMetricTon	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)	(1.00)
Mark-to-Market value of non-designated commodity contracts	$ (2)
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| CAD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts						$ 17,978
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerCAD	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Mark-to-Market value of non-designated foreign currency contracts	$ 114
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| CLP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts									$ 3,614,091
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerCLP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 61
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| EUR
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| €			€ 16,628
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerEUR	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Mark-to-Market value of non-designated foreign currency contracts	$ 541
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 58,715
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Mark-to-Market value of non-designated foreign currency contracts	$ 1,621
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| MXN
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts												$ 352,026
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerMXN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 303
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| AUD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts				$ 1,448
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerAUD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 2
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| BRL
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| R$							R$ 1,451
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerBRL	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Mark-to-Market value of non-designated foreign currency contracts	$ 8
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| DKK
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| kr											kr 16,400
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerDKK	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Mark-to-Market value of non-designated foreign currency contracts	$ 126
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| SGD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts								$ 18,902
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerSGD	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Mark-to-Market value of non-designated foreign currency contracts	$ 356
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| JPY
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| ¥					¥ 22,502
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerJPY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 1
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2012 \| NOK
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| kr													kr 14,000
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerNOK	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 20
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2013 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 28,390
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Mark-to-Market value of non-designated foreign currency contracts	$ 972
Derivatives not designated as hedging instruments \| Foreign currency contracts (long) \| 2014 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 250
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)
Mark-to-Market value of non-designated foreign currency contracts	$ (2)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| CAD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts						$ 14,600
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerCAD	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)
Mark-to-Market value of non-designated foreign currency contracts	$ (471)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| CLP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts									$ 75,536
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerCLP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ (2)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| EUR
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| €			€ 34,834
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerEUR	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)
Mark-to-Market value of non-designated foreign currency contracts	$ (1,521)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 82,701
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)
Mark-to-Market value of non-designated foreign currency contracts	$ (2,872)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| MXN
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts												$ 267,447
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerMXN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ (148)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| AUD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts				$ 4,092
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerAUD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 4
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| RON
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \|														6,367
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerRON	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)
Mark-to-Market value of non-designated foreign currency contracts	$ (100)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| DKK
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| kr											kr 17,000
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerDKK	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)
Mark-to-Market value of non-designated foreign currency contracts	$ (134)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| COP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts										$ 8,455,751
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerCOP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ 14
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| SGD
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts								$ 22,537
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerSGD	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)
Mark-to-Market value of non-designated foreign currency contracts	$ (375)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| JPY
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| ¥					¥ 175,189
Mark-to-Market Prices of non-designated foreign currency contracts \| GAL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ (14)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2012 \| NOK
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| kr													kr 33,288
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerNOK	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ (130)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2013 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 49,180
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)
Mark-to-Market value of non-designated foreign currency contracts	$ (1,638)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2013 \| JPY
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| ¥					¥ 15,768
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerJPY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mark-to-Market value of non-designated foreign currency contracts	$ (1)
Derivatives not designated as hedging instruments \| Foreign currency contracts (short) \| 2014 \| GBP
Derivative instruments, at their respective fair value positions
Non-Designated, Notional amount of foreign currency contracts \| £		£ 1,430
Mark-to-Market Prices of non-designated foreign currency contracts \| USDPerGBP	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)
Mark-to-Market value of non-designated foreign currency contracts	$ (52)

Derivatives (Details 2) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	$ 144,871	$ 68,065
Derivative liabilities	137,099	57,920
Derivatives designated as hedging instruments
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	3,390	550
Derivative liabilities	4,825	1,540
Derivatives designated as hedging instruments \| Commodity contracts \| Other current assets
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	3,276	528
Derivative liabilities	18	1,519
Derivatives designated as hedging instruments \| Commodity contracts \| Accrued expenses and other current liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets		22
Derivative liabilities	4,807	21
Derivatives designated as hedging instruments \| Foreign currency contracts \| Accrued expenses and other current liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	99
Derivatives designated as hedging instruments \| Foreign currency contracts \| Other long-term liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	15
Derivatives not designated as hedging instruments
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	141,481	67,515
Derivative liabilities	132,274	56,380
Derivatives not designated as hedging instruments \| Commodity contracts \| Other current assets
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	128,114	59,185
Derivative liabilities	90,522	37,713
Derivatives not designated as hedging instruments \| Commodity contracts \| Accrued expenses and other current liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	3,489	3,231
Derivative liabilities	29,402	16,434
Derivatives not designated as hedging instruments \| Commodity contracts \| Non-current other assets
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	2,009	2,065
Derivative liabilities	84	2
Derivatives not designated as hedging instruments \| Commodity contracts \| Other long-term liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	2,793	40
Derivative liabilities	3,873	1,213
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other current assets
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	647	1,912
Derivative liabilities	319	413
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Accrued expenses and other current liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	4,347
Derivative liabilities	7,684	124
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Non-current other assets
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	34	1,082
Derivative liabilities	194	$ 481
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other long-term liabilities
Information about derivative instruments measured at fair value and their locations on the consolidated balance sheet
Derivative assets	48
Derivative liabilities	$ 196

Derivatives (Details 3) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Derivatives (Details 3) - USD ($) $ in Thousands	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Derivatives instruments designated as hedging instruments \| Fair value hedges
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedge	$ (38,337)	$ 8,406	$ (29,296)	$ (16,813)
Derivatives instruments designated as hedging instruments \| Fair value hedges \| Hedged items
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedged Item	44,615	(2,707)	41,734	33,111
Derivatives instruments designated as hedging instruments \| Fair value hedges \| Revenue \| Hedged item commitments
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedged Item		7,284	(201)	(9,505)
Derivatives instruments designated as hedging instruments \| Fair value hedges \| Cost of revenue \| Hedged item commitments
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedged Item		(855)	739	7,456
Derivatives instruments designated as hedging instruments \| Fair value hedges \| Cost of revenue \| Hedged item inventories
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedged Item	44,615	(9,136)	41,196	35,160
Derivatives instruments not designated as hedging instruments
Gain (loss) on derivative
Realized and Unrealized Gain (Loss)	(521)	6,739	10,865	10,138
Commodity contracts \| Derivatives instruments designated as hedging instruments \| Fair value hedges \| Revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedge		(7,081)	265	9,124
Commodity contracts \| Derivatives instruments designated as hedging instruments \| Fair value hedges \| Cost of revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedge		1,112	(1,417)	(6,718)
Commodity contracts \| Derivatives instruments not designated as hedging instruments \| Revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss)	30,928	3,703	14,156	6,751
Commodity contracts \| Derivatives instruments not designated as hedging instruments \| Cost of revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss)	(29,272)	(379)	298	2,844
Foreign currency contracts \| Derivatives instruments designated as hedging instruments \| Cash flow hedges
Gain (loss) on derivative
Amount of Gain Recognized in Accumulated Other Comprehensive Income (Effective Portion)	127		127
Foreign currency contracts \| Derivatives instruments designated as hedging instruments \| Cash flow hedges \| Other income (expense), net
Gain (loss) on derivative
Amount of Gain Recognized in Accumulated Other Comprehensive Income (Effective Portion)	13		13
Foreign currency contracts \| Derivatives instruments not designated as hedging instruments \| Revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss)	(1,392)	1,361	(2,120)	1,361
Foreign currency contracts \| Derivatives instruments not designated as hedging instruments \| Other income (expense), net
Gain (loss) on derivative
Realized and Unrealized Gain (Loss)	(785)	2,054	(1,469)	(818)
Commodity contracts. \| Derivatives instruments designated as hedging instruments \| Fair value hedges \| Cost of revenue
Gain (loss) on derivative
Realized and Unrealized Gain (Loss) on Hedge	$ (38,337)	$ 14,375	$ (28,144)	$ (19,219)

Interest Income, Expense and Other Financing Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Interest income, expense and other financing costs
Interest income	$ 256	$ 165	$ 781	$ 391
Interest expense and other financing costs	(4,561)	(4,956)	(15,184)	(12,005)
Interest expense and other financing costs, net	$ (4,305)	$ (4,791)	$ (14,403)	$ (11,614)

Other Comprehensive Loss and Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Other Comprehensive Loss and Accumulated Other Comprehensive Loss
Foreign currency translation adjustment	$ (739)	$ (10,821)	$ (8,818)	$ (9,680)
Amount of Gain (Loss) Recognized in Other Comprehensive Income	100		100
Accumulated other comprehensive loss	$ (15,255)		$ (15,255)		$ (6,524)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669686-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Income Taxes
Income tax provision	$ 14,683	$ 10,649	$ 33,249	$ 32,113
Effective income tax rate (as a percent)	21.70%	16.50%	17.50%	18.00%
Income tax benefit due to change in estimate related to uncertain tax position			$ 3,300

Earnings per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Numerator:
Net income attributable to World Fuel	$ 51,494	$ 52,655	$ 146,509	$ 143,967
Denominator:
Weighted average common shares for basic earnings per common share	71,216	70,939	71,128	70,593
Effect of dilutive securities (in shares)	600	648	663	822
Weighted average common shares for diluted earnings per common share	71,816	71,587	71,791	71,415
Weighted average securities which are not included in the calculation of diluted earnings per common share (in shares)	452	119	307	85
Basic earnings per common share (in dollars per share)	$ 0.72	$ 0.74	$ 2.06	$ 2.04
Diluted earnings per common share (in dollars per share)	$ 0.72	$ 0.74	$ 2.04	$ 2.02

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 1
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-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References + Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
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-Section 45
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Commitments and Contingencies (Details) - Property damages and bodily injuries - WFSS Vs Cathay Pacific Airways Limited $ in Millions	1 Months Ended
	Apr. 30, 2012 USD ($) Item
Legal Matters
Number of subsidiaries named as defendants \| Item	1
Damages sought \| $	$ 34.0

- Definition

The value (monetary amount) of the award the plaintiff seeks in the legal matter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14557-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 11
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Fair value measurement, additional disclosure
Cash collateral deposits held by financial counterparties	$ 4,900	$ 11,800
Netting and Collateral
Fair value measurement, additional disclosure
Cash collateral deposits held by financial counterparties	200
Fair value measured on recurring basis \| Level 1
Assets:
Total assets	31,312	14,038
Liabilities:
Total liabilities	32,699	10,148
Fair value measured on recurring basis \| Level 1 \| Commodity contracts
Assets:
Total assets	31,312	14,038
Liabilities:
Total liabilities	32,699	10,148
Fair value measured on recurring basis \| Level 2
Assets:
Total assets	112,387	57,449
Liabilities:
Total liabilities	105,845	47,796
Fair value measured on recurring basis \| Level 2 \| Commodity contracts
Assets:
Total assets	106,622	51,033
Liabilities:
Total liabilities	96,007	46,754
Fair value measured on recurring basis \| Level 2 \| Foreign currency contracts
Assets:
Total assets	5,190	2,994
Liabilities:
Total liabilities	8,393	1,018
Fair value measured on recurring basis \| Level 2 \| Hedged item inventories
Assets:
Total assets	575	3,216
Liabilities:
Total liabilities	1,445	24
Fair value measured on recurring basis \| Level 2 \| Hedged item commitments
Assets:
Total assets		206
Fair value measured on recurring basis \| Level 3
Assets:
Notes receivable	7,000	6,800
Total assets	1,747
Liabilities:
Debt	287,200	287,100
Total liabilities		4,194
Fair value measured on recurring basis \| Level 3 \| Commodity contracts
Assets:
Total assets	1,747
Fair value measured on recurring basis \| Level 3 \| Earn-out
Liabilities:
Total liabilities		4,194
Fair value measured on recurring basis \| Sub-Total
Assets:
Total assets	145,446	71,487
Liabilities:
Total liabilities	138,544	62,138
Fair value measured on recurring basis \| Sub-Total \| Commodity contracts
Assets:
Total assets	139,681	65,071
Liabilities:
Total liabilities	128,706	56,902
Fair value measured on recurring basis \| Sub-Total \| Foreign currency contracts
Assets:
Total assets	5,190	2,994
Liabilities:
Total liabilities	8,393	1,018
Fair value measured on recurring basis \| Sub-Total \| Hedged item inventories
Assets:
Total assets	575	3,216
Liabilities:
Total liabilities	1,445	24
Fair value measured on recurring basis \| Sub-Total \| Hedged item commitments
Assets:
Total assets		206
Fair value measured on recurring basis \| Sub-Total \| Earn-out
Liabilities:
Total liabilities		4,194
Fair value measured on recurring basis \| Netting and Collateral
Assets:
Total assets	(106,965)	(44,168)
Liabilities:
Total liabilities	(106,715)	(44,184)
Fair value measured on recurring basis \| Netting and Collateral \| Commodity contracts
Assets:
Total assets	(101,945)	(43,275)
Liabilities:
Total liabilities	(101,695)	(43,291)
Fair value measured on recurring basis \| Netting and Collateral \| Foreign currency contracts
Assets:
Total assets	(5,020)	(893)
Liabilities:
Total liabilities	(5,020)	(893)
Fair value measured on recurring basis \| Total
Assets:
Total assets	38,481	27,319
Liabilities:
Total liabilities	31,829	17,954
Fair value measured on recurring basis \| Total \| Commodity contracts
Assets:
Total assets	37,736	21,796
Liabilities:
Total liabilities	27,011	13,611
Fair value measured on recurring basis \| Total \| Foreign currency contracts
Assets:
Total assets	170	2,101
Liabilities:
Total liabilities	3,373	125
Fair value measured on recurring basis \| Total \| Hedged item inventories
Assets:
Total assets	575	3,216
Liabilities:
Total liabilities	$ 1,445	24
Fair value measured on recurring basis \| Total \| Hedged item commitments
Assets:
Total assets		206
Fair value measured on recurring basis \| Total \| Earn-out
Liabilities:
Total liabilities		$ 4,194

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Commodity contracts \| Revenue
Change in fair value of assets and liabilities measured on recurring basis, utilized Level 3 inputs
Beginning of Period				$ 90
Total Gains (Losses) Included in Earnings	$ 2,060		$ 2,060
Settlements	313		313	90
End of Period	1,747		1,747
Change in Unrealized Gains Relating to Assets and Liabilities that are Held at end of Period	$ 1,747		1,747
Earn-out \| Other income (expense), net
Change in fair value of assets and liabilities measured on recurring basis, utilized Level 3 inputs
Beginning of Period		$ 5,156	4,194	5,012
Total Gains (Losses) Included in Earnings		149	(110)	5
Settlements			$ 4,304
End of Period		5,007		5,007
Change in Unrealized Gains Relating to Assets and Liabilities that are Held at end of Period		$ 149		$ 5

Business Segments (Details) $ in Thousands	3 Months Ended		9 Months Ended
Business Segments (Details) $ in Thousands	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) Item	Sep. 30, 2011 USD ($)
Business Segments
Number of reportable operating business segments \| Item			3
Revenue:
Total revenue	$ 9,911,673	$ 9,510,792	$ 29,009,525	$ 25,298,907
Gross profit:
Gross profit	180,752	170,847	510,110	472,717
Income from operations:
Income from operations	71,048	70,925	202,662	192,553
Operating Segments
Income from operations:
Income from operations	85,289	84,780	238,010	228,381
Aviation segment
Revenue:
Total revenue	3,823,338	3,540,503	10,782,756	9,551,924
Gross profit:
Gross profit	84,197	83,966	218,282	236,121
Income from operations:
Income from operations	39,808	41,228	92,601	117,022
Marine segment
Revenue:
Total revenue	3,630,094	4,045,176	11,301,429	10,577,578
Gross profit:
Gross profit	53,960	50,069	160,785	140,958
Income from operations:
Income from operations	27,296	24,899	82,672	68,017
Land segment
Revenue:
Total revenue	2,458,241	1,925,113	6,925,340	5,169,405
Gross profit:
Gross profit	42,595	36,812	131,043	95,638
Income from operations:
Income from operations	18,185	18,653	62,737	43,342
Corporate
Income from operations:
Corporate overhead	$ 14,241	$ 13,855	$ 35,348	$ 35,828

Business Segments (Details 2) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Accounts receivable, net:
Accounts receivable, net	$ 2,380,451	$ 2,160,561
Total assets:
Total assets	4,178,465	3,697,246
Aviation segment
Accounts receivable, net:
Accounts receivable, net	692,554	569,086
Allowance for bad debt	9,333	8,441
Total assets:
Total assets	1,561,799	1,149,031
Marine segment
Accounts receivable, net:
Accounts receivable, net	1,222,379	1,261,340
Allowance for bad debt	8,734	9,495
Total assets:
Total assets	1,521,167	1,568,378
Land segment
Accounts receivable, net:
Accounts receivable, net	465,518	330,135
Allowance for bad debt	7,121	6,365
Total assets:
Total assets	992,690	816,595
Corporate
Total assets:
Total assets	$ 102,809	$ 163,242