Investments in Unconsolidated Companies

12 Months Ended

Dec. 26, 2014

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 at December 26, 2014 and December 27, 2013, are included in other noncurrent assets, 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 2014 and 2013. Our portion of income (losses) in unconsolidated companies were not significant and are included in other income (expense), net. There were no dividends received from unconsolidated subsidiaries in 2014, 2013 and 2012.

- 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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