Earnings Per Share

6 Months Ended

Jun. 30, 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				Six months ended
	June 30, 2017		July 1, 2016		June 30, 2017		July 1, 2016
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	69.2	$	96.2	$	115.6	$	177.9

Denominator:
Weighted average number of ordinary shares - Basic	50,572,056		51,164,438		50,895,738		51,396,505
Effect of dilutive securities - Share based employee options and awards	360,309		535,907		404,959		471,950
Weighted average number of ordinary shares - Diluted	50,932,365		51,700,345		51,300,697		51,868,455

Antidilutive awards ⁽¹⁾	96,526		140,734		96,526		140,734

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	1.37	$	1.88	$	2.27	$	3.46
Diluted	$	1.36	$	1.86	$	2.25	$	3.43


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

Refer to Note 19, “Shareholders’ Equity”, for disclosures related to the stock repurchase program and retired shares.