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Earnings (Loss) Per Ordinary Share
12 Months Ended
Dec. 27, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) Income Per Ordinary Share Per Ordinary Share
 
Basic net income per share is computed using the weighted average number of common shares outstanding for the period.
Basic and diluted net income per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data):

 
Year ended
 
December 27, 2019
 
December 28, 2018
 
December 29, 2017
Numerator:
 
 
 
 
 
Net income (loss) attributable to Fresh Del Monte
Produce Inc.
$
66.5

 
$
(21.9
)
 
$
120.8

 
 
 
 
 
 
Denominator:
 

 
 

 
 

Weighted average number of ordinary shares -
Basic
48,291,345

 
48,625,175

 
50,247,881

Effect of dilutive securities - share-based
employee options and awards
102,768

 

 
340,827

Weighted average number of ordinary shares -
Diluted
48,394,113

 
48,625,175

 
50,588,708

 
 
 
 
 
 
Antidilutive Options and Awards(1)
124,448

 
851,645

 
96,115

 
 
 
 
 
 
Net income (loss) per ordinary share attributable to
 

 
 

 
 

Fresh Del Monte Produce Inc.:
 

 
 

 
 

Basic
$
1.38

 
$
(0.45
)
 
$
2.40

Diluted
$
1.37

 
$
(0.45
)
 
$
2.39


 
(1)Options to purchase shares of common stock and unvested RSUs and PSUs are not included in the calculation of net (loss) income per ordinary share because the effect would have been anti-dilutive.