Earnings Per Share

3 Months Ended

Mar. 31, 2017

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
	March 31, 2017		April 1, 2016
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	46.4	$	81.7

Denominator:
Weighted average number of ordinary shares - Basic	51,218,502		51,628,572
Effect of dilutive securities - Share based employee options and awards	449,608		407,994
Weighted average number of ordinary shares - Diluted	51,668,110		52,036,566

Antidilutive awards ⁽¹⁾	59,297		73,187

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.91	$	1.58
Diluted	$	0.90	$	1.57


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