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Business Segment Data
9 Months Ended
Sep. 29, 2017
Segment Reporting [Abstract]  
Business Segment Data
Business Segment Data
 
We are principally engaged in one major line of business, the production, distribution and marketing of bananas, other fresh produce and prepared food. Our products are sold in markets throughout the world with our major producing operations located in North, Central and South America, Europe, Asia and Africa.
 
Our operations are aggregated into business segments on the basis of our products: bananas, other fresh produce and prepared food. Other fresh produce includes fresh-cut products, pineapples, avocados, non-tropical fruit (including grapes, apples, pears, peaches, plums, nectarines, citrus, kiwis and blueberries), melons, tomatoes, plantains, other fruit and vegetables, a plastic products business and a third-party ocean freight business. Prepared food includes prepared fruit and vegetables, juices, beverages, snacks, poultry and meat products.
 
We evaluate performance based on several factors, of which net sales and gross profit by product are the primary financial measures (U.S. dollars in millions):
 
 
Quarter ended
 
September 29, 2017
 
September 30, 2016
 
Net Sales
 
Gross Profit
 
Net Sales
 
Gross Profit
Banana
$
409.2

 
$
5.7

 
$
424.4

 
$
39.6

Other fresh produce
468.0

 
44.4

 
433.6

 
62.0

Prepared food
75.5

 
8.2

 
92.2

 
17.2

Totals
$
952.7

 
$
58.3

 
$
950.2

 
$
118.8

 
 
 
 
 
 
 
 
 
Nine months ended
 
September 29, 2017
 
September 30, 2016
 
Net Sales
 
Gross Profit
 
Net Sales
 
Gross Profit
Banana
$
1,353.8

 
$
98.8

 
$
1,380.4

 
$
154.9

Other fresh produce
1,542.3

 
147.8

 
1,411.3

 
199.0

Prepared food
236.1

 
34.0

 
265.2

 
51.0

Totals
$
3,132.2

 
$
280.6

 
$
3,056.9

 
$
404.9