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Earnings Per Share
3 Months Ended
Mar. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
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 30,
2018
 
March 31,
2017
Numerator:
 
 
 
Net income attributable to Fresh Del Monte
Produce Inc.
$
41.5

 
$
46.4

 
 
 
 
Denominator:
 

 
 

Weighted average number of ordinary shares -
Basic
48,781,596

 
51,218,502

Effect of dilutive securities - share-based
employee options and awards
251,356

 
449,608

Weighted average number of ordinary shares -
Diluted
49,032,952

 
51,668,110

 
 
 
 
Antidilutive awards (1)
207,461

 
59,297

 
 
 
 
Net income per ordinary share attributable to
Fresh Del Monte Produce Inc.:
 

 
 

Basic
$
0.85

 
$
0.91

Diluted
$
0.85

 
$
0.90



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