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Unaudited Quarterly Financial Information
12 Months Ended
Dec. 30, 2016
Quarterly Financial Data [Abstract]  
Unaudited Quarterly Financial Information
Unaudited Quarterly Financial Information
 
Our fiscal quarter-ends correspond to the last Friday of the 13-week period, beginning the day following our fiscal year end. The following summarizes certain quarterly operating data (U.S. dollars in millions, except per share data):

 
 
Quarter ended
 
April 1, 2016
 
July 1, 2016
 
September 30,
2016
 
December 30, 2016
Net sales
$
1,018.1

 
$
1,088.6

 
$
950.2

 
$
954.6

Gross profit
140.7

 
145.4

 
118.8

 
56.5

Net income
81.2

 
97.7

 
36.2

 
10.5

Net income attributable to Fresh Del Monte
Produce Inc.
81.7

 
96.2

 
35.2

 
12.0

Net income per ordinary share attributable
    to Fresh Del Monte Produce Inc.  – basic
(1)
$
1.58

 
$
1.88

 
$
0.68

 
$
0.23

Net income per ordinary share attributable
    to Fresh Del Monte Produce Inc. – diluted
(1)
$
1.57

 
$
1.86

 
$
0.68

 
$
0.23

Dividends declared per ordinary share
$
0.125

 
$
0.125

 
$
0.150

 
$
0.150

 
 
 
 
 
 
 
 
 
March 27, 2015
 
June 26, 2015
 
September 25, 2015
 
January 1, 2016 (2),(3)
Net sales
$
1,008.4

 
$
1,134.1

 
$
936.1

 
$
977.9

Gross profit
100.4

 
114.0

 
83.3

 
44.6

Net income (loss)
44.2

 
65.9

 
29.9

 
(73.6
)
Net income (loss) attributable to Fresh Del Monte
    Produce Inc.
42.5

 
64.5

 
28.5

 
(73.1
)
Net income (loss) per ordinary share attributable
    to Fresh Del Monte Produce Inc.  – basic
(1)
$
0.80

 
$
1.22

 
$
0.54

 
$
(1.39
)
Net income (loss) per ordinary share attributable
    to Fresh Del Monte Produce Inc. – diluted
(1)
$
0.80

 
$
1.21

 
$
0.54

 
$
(1.39
)
Dividends declared per ordinary share
$
0.125

 
$
0.125

 
$
0.125

 
$
0.125

 

(1) 
Basic and diluted earnings per share for each of the quarters presented above is based on the respective weighted average number of shares for the quarters. The sum of the quarters may not necessarily be equal to the full year basic and diluted earnings per share amounts due to rounding.
(2) 
Diluted earnings per share for the quarter ended January 1, 2016 excludes the impact of antidilutive share-based payment awards for 483,178 ordinary shares, as they were antidilutive.
(3) 
Based on the annual impairment review of goodwill performed in 2015 and due to the failure of the tomato business in North America to meet our expectations, we wrote-off $66.1 million of goodwill for the quarter ended January 1, 2016, which was related to the 2003 tomato and vegetable business acquisition.