Earnings Per Share

6 Months Ended

Jul. 01, 2022

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
	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$	21.2	$	47.2	$	46.9	$	89.9
Denominator:
Weighted average number of ordinary shares - Basic	47,825,758		47,518,668		47,745,440		47,473,315
Effect of dilutive securities - share-based awards	61,365		180,868		126,264		146,389
Weighted average number of ordinary shares - Diluted	47,887,123		47,699,536		47,871,704		47,619,704
Antidilutive awards (1)	104,707		20,340		104,707		20,340
Net income per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic	$	0.44	$	0.99	$	0.98	$	1.89
Diluted	$	0.44	$	0.99	$	0.98	$	1.89

(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.