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Earnings Per Share
3 Months Ended
Mar. 29, 2019
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 29,
2019
 
March 30,
2018
Numerator:
 
 
 
Net income attributable to Fresh Del Monte
Produce Inc.
$
36.1

 
$
41.5

 
 
 
 
Denominator:
 

 
 

Weighted average number of ordinary shares -
Basic
48,547,698

 
48,781,596

Effect of dilutive securities - share-based
employee options and awards
204,464

 
251,356

Weighted average number of ordinary shares -
Diluted
48,752,162

 
49,032,952

 
 
 
 
Antidilutive awards (1)
303,834

 
207,461

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

 
 

Basic
$
0.74

 
$
0.85

Diluted
$
0.74

 
$
0.85



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