Earnings Per Share

6 Months Ended

Jul. 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				Six months ended
	July 1, 2016		June 26, 2015		July 1, 2016		June 26, 2015
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	96.2	$	64.5	$	177.9	$	107.0

Denominator:
Weighted average number of ordinary shares - Basic	51,164,438		52,655,228		51,396,505		52,831,466
Effect of dilutive securities - Share based employee options and awards	535,907		492,376		471,950		447,257
Weighted average number of ordinary shares - Diluted	51,700,345		53,147,604		51,868,455		53,278,723

Antidilutive awards ⁽¹⁾	140,734		176,147		140,734		176,147

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	1.88	$	1.22	$	3.46	$	2.03
Diluted	$	1.86	$	1.21	$	3.43	$	2.01


⁽¹⁾	Certain unvested PSU's are not included in the calculation of net income per ordinary share because the effect would have been antidilutive.

Refer to Note 18, “Shareholders’ Equity”, for disclosures related to the stock repurchase program and retired shares.