XML 47 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Summary of fair values of assets and liabilities measured on a recurring basis
The following table provides a summary of the fair values of assets and liabilities measured on a recurring basis under the ASC on “Fair Value Measurements and Disclosures” (U.S. dollars in millions): 
 
Fair value measurements
 
Foreign currency forward contracts, net (liability) asset
 
June 30,
2017
 
December 30,
2016
Quoted prices in active markets for identical assets (Level 1)
$

 
$

Significant observable inputs (Level 2)
(1.0
)
 
5.4

Significant unobservable inputs (Level 3)

 

Schedule of non-recurring fair value measurements
The following is a tabular presentation of the non-recurring fair value measurements recorded during the second quarter of 2016, along with the level within the fair value hierarchy in which the fair value measurement in their entirety fall (U.S. dollars in millions):


 
Fair value measurements for the six months ended July 1, 2016
 
Total
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Underutilized assets in Central America
$
1.0

 
$

 
$

 
$
1.0

Philippines plantation conversion to pineapple
0.3

 

 

 
0.3

 
$
1.3

 
$

 
$

 
$
1.3