Earnings Per Share

9 Months Ended

Sep. 29, 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				Nine months ended
	September 29, 2017		September 30, 2016		September 29, 2017		September 30, 2016
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	11.5	$	35.2	$	127.1	$	213.1

Denominator:
Weighted average number of ordinary shares - Basic	49,976,752		51,497,691		50,589,103		51,430,234
Effect of dilutive securities - Share based employee options and awards	277,701		495,602		362,540		479,834
Weighted average number of ordinary shares - Diluted	50,254,453		51,993,293		50,951,643		51,910,068

Antidilutive awards ⁽¹⁾	180,917		139,958		180,917		139,958

Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.23	$	0.68	$	2.51	$	4.14
Diluted	$	0.23	$	0.68	$	2.49	$	4.11


⁽¹⁾	Certain unvested RSUs 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.