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Earnings Per Share
6 Months Ended
Jun. 28, 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
 
Six months ended
 
June 28,
2019
 
June 29,
2018
 
June 28,
2019
 
June 29,
2018
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to Fresh Del Monte
Produce Inc.
$
38.1

 
$
(7.9
)
 
$
74.2

 
$
33.6

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 
 
 
Weighted average number of ordinary shares -
Basic
48,533,444

 
48,753,227

 
48,540,571

 
48,767,411

Effect of dilutive securities - share-based
employee options and awards
48,691

 

 
84,385

 
244,986

Weighted average number of ordinary shares -
Diluted
48,582,135

 
48,753,227

 
48,624,956

 
49,012,397

 
 
 
 
 
 
 
 
Antidilutive awards (1)
162,922

 
739,106

 
162,922

 
30,562

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

 
 

 
 

 
 
Basic
$
0.79

 
$
(0.16
)
 
$
1.53

 
$
0.69

Diluted
$
0.78

 
$
(0.16
)
 
$
1.53

 
$
0.69



(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.