Earnings Per Share

6 Months Ended

Jun. 29, 2018

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 29, 2018			June 30, 2017		June 29, 2018		June 30, 2017
Numerator:
Net (loss) income attributable to Fresh Del Monte Produce Inc.	$	(7.9	)	$	69.2	$	33.6	$	115.6

Denominator:
Weighted average number of ordinary shares - Basic	48,753,227			50,572,056		48,767,411		50,895,738
Effect of dilutive securities - share-based employee options and awards	—			360,309		244,986		404,959
Weighted average number of ordinary shares - Diluted	48,753,227			50,932,365		49,012,397		51,300,697

Antidilutive awards ⁽¹⁾	739,106			96,526		30,562		96,526

Net (loss) income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	(0.16	)	$	1.37	$	0.69	$	2.27
Diluted	$	(0.16	)	$	1.36	$	0.69	$	2.25


⁽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.