Investments in Unconsolidated Companies

12 Months Ended

Dec. 27, 2013

Equity Method Investments and Joint Ventures [Abstract]

Investments in Unconsolidated Companies

Investments in unconsolidated companies accounted for under the equity method amounted to $1.6 million and $1.5 million and are included in other noncurrent assets at December 27, 2013 and December 28, 2012, respectively, and consisted of the following:



Company	Business	Ownership Interest	Accounting Method
Melones De Costa Rica, S.A.	Land lessor	50%	Equity
Hacienda Filadelfia, S.A.	Land lessor	50%	Equity

During 2012, we sold our 50% investment in B.A.D.M. Agroindustrial, S.A. for $1.0 million. There were no purchases from unconsolidated companies in 2013 and 2012. Our portion of income (losses) in unconsolidated companies amounted to $0.1 million, $0.7 million and $(0.7) million in 2013, 2012 and 2011, respectively, and is included in other income (expense), net. There were no dividends received from unconsolidated subsidiaries in 2013, 2012 and 2011.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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