Earnings Per Share

3 Months Ended

Apr. 01, 2016

Basic and diluted net income per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data):



	Quarter ended
	April 1, 2016		March 27, 2015
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	81.7	$	42.5

Denominator:
Weighted average number of ordinary shares - Basic	51,628,572		53,007,473
Effect of dilutive securities - Share based employee options and awards	407,994		402,140
Weighted average number of ordinary shares - Diluted	52,036,566		53,409,613

Antidilutive awards ⁽¹⁾	73,187		40,129

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	1.58	$	0.80
Diluted	$	1.57	$	0.80


⁽¹⁾	Certain unvested RSU's and PSU's are not included in the calculation of Net income per ordinary share because the effect would have been anti-dilutive.

Refer to Note 17, “Shareholders’ Equity”, for disclosures related to the stock repurchase program and retired shares.