Earnings Per Share

6 Months Ended

Jun. 26, 2020

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 26, 2020		June 28, 2019		June 26, 2020		June 28, 2019
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	17.9	$	38.1	$	30.9	$	74.2
Denominator:
Weighted average number of ordinary shares - Basic	47,557,820		48,533,444		47,818,922		48,540,571
Effect of dilutive securities - share-based awards	56,733		48,691		99,149		84,385
Weighted average number of ordinary shares - Diluted	47,614,553		48,582,135		47,918,071		48,624,956
Antidilutive awards (1)	201,520		162,922		201,520		162,922
Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.38	$	0.79	$	0.65	$	1.53
Diluted	$	0.38	$	0.78	$	0.64	$	1.53

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