Earnings Per Share

9 Months Ended

Sep. 30, 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				Nine months ended
	September 30, 2016		September 25, 2015		September 30, 2016		September 25, 2015
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	35.2	$	28.5	$	213.1	$	135.5

Denominator:
Weighted average number of ordinary shares - Basic	51,497,691		52,788,564		51,430,234		52,817,849
Effect of dilutive securities - Share based employee options and awards	495,602		419,588		479,834		429,335
Weighted average number of ordinary shares - Diluted	51,993,293		53,208,152		51,910,068		53,247,184

Antidilutive awards ⁽¹⁾	139,958		120,844		139,958		120,844

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.68	$	0.54	$	4.14	$	2.57
Diluted	$	0.68	$	0.54	$	4.11	$	2.54


⁽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.