XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2022
Apr. 02, 2021
Income Statement [Abstract]    
Net sales $ 1,136.9 $ 1,088.3
Cost of products sold 1,047.1 983.3
Gross profit 89.8 105.0
Selling, general and administrative expenses 45.2 48.9
(Loss) gain on disposal of property, plant and equipment, net (3.8) 2.7
Asset impairment and other charges (credits), net 1.0 (0.9)
Operating income 39.8 59.7
Interest expense 5.3 5.4
Interest income 0.0 0.2
Other expense, net 4.0 2.1
Income before income taxes 30.5 52.4
Income tax provision 5.8 11.0
Net income 24.7 41.4
Less: Net loss attributable to redeemable and noncontrolling interests (1.1) (1.3)
    Net income attributable to Fresh Del Monte Produce Inc. $ 25.8 $ 42.7
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share) $ 0.54 $ 0.90
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share) 0.54 0.90
Dividends declared per ordinary share (usd per share) $ 0.15 $ 0.10
Weighted average number of ordinary shares:    
Basic (shares) 47,665,122 47,427,962
Diluted (shares) 47,856,286 47,539,871