XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2018
Sep. 29, 2017
Sep. 28, 2018
Sep. 29, 2017
Income Statement [Abstract]        
Net sales $ 1,069.5 $ 952.7 $ 3,448.0 $ 3,132.2
Cost of products sold 1,016.9 894.4 3,210.6 2,851.6
Gross profit 52.6 58.3 237.4 280.6
Selling, general and administrative expenses 49.4 41.2 147.9 131.0
Gain on disposal of property, plant and equipment, net 0.0 (0.3) (5.9) (1.2)
Asset impairment and other charges, net 14.5 0.7 36.4 0.7
Operating (loss) income (11.3) 16.7 59.0 150.1
Interest expense 7.0 1.4 16.8 4.4
Interest income (0.2) (0.4) (0.7) (0.7)
Other expense, net 2.4 1.0 13.1 1.6
(Loss) income before income taxes (20.5) 14.7 29.8 144.8
Provision for income taxes 0.7 4.2 13.4 18.9
Net (loss) income (21.2) 10.5 16.4 125.9
Less: Net income (loss) attributable to redeemable and noncontrolling interests 0.3 (1.0) 4.3 (1.2)
Net (loss) income attributable to Fresh Del Monte Produce Inc. $ (21.5) $ 11.5 $ 12.1 $ 127.1
Net (loss) income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share) $ (0.44) $ 0.23 $ 0.25 $ 2.51
Net (loss) income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share) (0.44) 0.23 0.25 2.49
Dividends declared per ordinary share (usd per share) $ 0.15 $ 0.15 $ 0.45 $ 0.45
Weighted average number of ordinary shares:        
Basic (shares) 48,570,696 49,976,752 48,701,840 50,589,103
Diluted (shares) 48,570,696 50,254,453 48,913,435 50,951,643