Earnings Per Share

9 Months Ended

Sep. 25, 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				Nine months ended
	September 25, 2020		September 27, 2019		September 25, 2020		September 27, 2019
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	17.4	$	18.1	$	48.3	$	92.3
Denominator:
Weighted average number of ordinary shares - Basic	47,355,918		48,069,733		47,641,712		48,383,625
Effect of dilutive securities - share-based awards	71,805		47,256		90,035		100,137
Weighted average number of ordinary shares - Diluted	47,427,723		48,116,989		47,731,747		48,483,762
Antidilutive awards (1)	209,405		218,241		209,405		218,241
Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.37	$	0.38	$	1.01	$	1.91
Diluted	$	0.37	$	0.38	$	1.01	$	1.90

(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.