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Earnings (Loss) Per Share
9 Months Ended
Sep. 28, 2018
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
 
Basic and diluted net (loss) 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 28,
2018
 
September 29,
2017
 
September 28,
2018
 
September 29,
2017
Numerator:
 
 
 
 
 
 
 
Net (loss) income attributable to Fresh Del Monte
Produce Inc.
$
(21.5
)
 
$
11.5

 
$
12.1

 
$
127.1

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 
 
 
Weighted average number of ordinary shares -
Basic
48,570,696

 
49,976,752

 
48,701,840

 
50,589,103

Effect of dilutive securities - share-based
employee options and awards

 
277,701

 
211,595

 
362,540

Weighted average number of ordinary shares -
Diluted
48,570,696

 
50,254,453

 
48,913,435

 
50,951,643

 
 
 
 
 
 
 
 
Antidilutive awards (1)
620,017

 
180,917

 
313,218

 
180,917

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

 
 

 
 

 
 
Basic
$
(0.44
)
 
$
0.23

 
$
0.25

 
$
2.51

Diluted
$
(0.44
)
 
$
0.23

 
$
0.25

 
$
2.49



(1) 
Certain unvested RSUs and PSUs 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.