XML 20 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND REDEEMABLE NONCONTROLLING INTERST - USD ($)
$ in Millions
Total
Ordinary Shares
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Fresh Del Monte Produce Inc. Shareholders' Equity
Noncontrolling Interests
Total Shareholders' Equity
Redeemable Noncontrolling Interest
Balance, shares (shares) at Jan. 01, 2016   52,542,965              
Balance, value at Jan. 01, 2016   $ 0.5 $ 568.2 $ 1,162.3 $ (23.0) $ 1,708.0 $ 42.9 $ 1,750.9  
Exercises of stock options (shares)   471,653              
Exercises of stock options     12.2     12.2   12.2  
Issuance of restricted stock awards (shares)   22,946              
Issuance of restricted stock units     0.6 (0.6)          
Issuance of restricted stock units (shares)   544,577              
Share-based payment expense     24.9     24.9   24.9  
Tax deficiency from share-based compensation, net     3.6     3.6   3.6  
Acquisition of DAVCO noncontrolling interest     (25.5)     (25.5) (19.5) (45.0)  
Capital contribution from, distribution to noncontrolling interests     (0.5)     (0.5) 0.4 (0.1)  
Repurchase and retirement of ordinary shares (shares)   (2,325,235)              
Repurchase and retirement of ordinary shares     (33.8) (72.8)   (106.6)   (106.6)  
Dividend declared       (28.2)   (28.2) (0.1) (28.3)  
Comprehensive income:                  
Net (loss) income $ 225.6     225.1   225.1 0.5 225.6  
Unrealized loss on derivatives         (6.5) (6.5)   (6.5)  
Net unrealized foreign currency translation loss         (10.6) (10.6) 0.4 (10.2)  
Change in retirement benefit adjustment, net of tax         (4.1) (4.1) (4.1)  
Comprehensive income (loss) $ 204.8         203.9 0.9 204.8  
Balance, shares (shares) at Dec. 30, 2016   51,256,906              
Balance, value at Dec. 30, 2016   $ 0.5 549.7 1,285.8 (44.2) 1,791.8 24.6 1,816.4  
Exercises of stock options (shares) 251,303 59,000              
Exercises of stock options     1.6     1.6   1.6  
Issuance of restricted stock awards (shares) 14,294 14,294              
Issuance of restricted stock units     0.7 (0.7)          
Issuance of restricted stock units (shares)   251,303              
Share-based payment expense     12.1     12.1   12.1  
Cumulative effect adjustment | Accounting Standards Update 2016-09     0.2 (0.2)          
Capital contribution from, distribution to noncontrolling interests     (0.4)     (0.4) 1.0 0.6  
Repurchase and retirement of ordinary shares (shares) (2,822,022) (2,822,022)              
Repurchase and retirement of ordinary shares     (41.4) (100.6)   (142.0)   (142.0)  
Dividend declared       (30.1)   (30.1) (0.2) (30.3)  
Comprehensive income:                  
Net (loss) income $ 119.2     120.8   120.8 (1.6) 119.2  
Unrealized loss on derivatives         (6.8) (6.8)   (6.8)  
Net unrealized foreign currency translation loss         18.7 18.7 0.0 18.7  
Change in retirement benefit adjustment, net of tax         1.7 1.7 1.7  
Comprehensive income (loss) $ 132.8         134.4 (1.6) 132.8  
Balance, shares (shares) at Dec. 29, 2017 48,759,481 48,759,481              
Balance, value at Dec. 29, 2017 $ 1,791.2 $ 0.5 522.5 1,275.0 (30.6) 1,767.4 23.8 1,791.2 $ 0.0
Exercises of stock options (shares) 351,856 38,500              
Exercises of stock options     0.9     0.9   0.9  
Issuance of restricted stock awards (shares) 22,991 22,991              
Issuance of restricted stock units     0.0 0.0          
Issuance of restricted stock units (shares)   351,856              
Share-based payment expense     11.5     11.5   11.5  
Cumulative effect adjustment | Accounting Standards Update 2016-06       3.2   3.2   3.2  
Cumulative effect adjustment | ASC 606       (0.1)   (0.1)   (0.1)  
Capital contribution from, distribution to noncontrolling interests     0.5     0.5 0.4 0.9
Fair value of redeemable noncontrolling interest resulting from business combination             0.0 0.0 47.4
Repurchase and retirement of ordinary shares (shares) (730,532) (730,532)              
Repurchase and retirement of ordinary shares     (8.6) (20.8)   (29.4)   (29.4)  
Dividend declared     0.3 (29.4)   (29.1) 0.0 (29.1)  
Comprehensive income:                  
Net (loss) income $ (15.9)     (21.9)   (21.9) 1.6 (20.3) 4.4
Unrealized loss on derivatives         (4.4) (4.4)   (4.4)  
Net unrealized foreign currency translation loss         (8.2) (8.2)   (8.2)  
Change in retirement benefit adjustment, net of tax         1.6 1.6   1.6  
Comprehensive income (loss) $ (26.9)         (32.9) 1.6 (31.3) 4.4
Balance, shares (shares) at Dec. 28, 2018 48,442,296 48,442,296              
Balance, value at Dec. 28, 2018 $ 1,717.8 $ 0.5 $ 527.1 $ 1,206.0 $ (41.6) $ 1,692.0 $ 25.8 $ 1,717.8 $ 51.8