Business Segment Data (Tables)

9 Months Ended

Sep. 29, 2023

Segment Reporting [Abstract]

Disaggregation of Revenue

We evaluate performance based on several factors, of which net sales and gross profit are the primary financial measures (U.S. dollars in millions): 

	Quarter ended
	September 29, 2023				September 30, 2022
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	574.0	$	36.2	$	599.8	$	55.1
Banana	384.7		31.9		388.4		22.6
Other products and services	44.4		6.3		65.3		10.3
Totals	$	1,003.1	$	74.4	$	1,053.5	$	88.0
	Nine months ended
	September 29, 2023				September 30, 2022
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	1,895.0	$	145.3	$	2,004.9	$	148.9
Banana	1,258.6		125.7		1,216.1		82.6
Other products and services	158.5		17.2		181.4		27.0
Totals	$	3,312.1	$	288.2	$	3,402.4	$	258.5

Net sales by geographic region

	Quarter ended				Nine months ended
Net sales by geographic region:	September 29, 2023		September 30, 2022		September 29, 2023		September 30, 2022
North America	$	615.7	$	658.7	$	1,987.1	$	2,093.1
Europe	181.8		169.9		622.9		570.8
Asia	101.2		105.8		345.5		353.4
Middle East	87.4		102.9		289.7		317.6
Other	17.0		16.2		66.9		67.5
Totals	$	1,003.1	$	1,053.5	$	3,312.1	$	3,402.4

Net sales by product

The following table indicates our net sales by product (U.S. dollars in millions) and, in each case, the percentage of the total represented thereby:

	Quarter ended								Nine months ended
	September 29, 2023				September 30, 2022				September 29, 2023				September 30, 2022
Fresh and value-added products:
Fresh-cut fruit	$	141.4	14	%	$	140.5	14	%	$	419.0	13	%	$	407.9	11	%
Fresh-cut vegetables	83.7		8	%	86.4		8	%	248.1		7	%	259.5		8	%
Pineapples	137.5		14	%	147.2		14	%	459.9		14	%	445.0		13	%
Avocados	73.4		7	%	63.8		6	%	212.8		6	%	261.4		8	%
Non-tropical fruit	23.4		2	%	28.4		3	%	126.1		4	%	155.9		5	%
Prepared foods	61.6		6	%	69.2		7	%	197.7		6	%	217.8		6	%
Melons	4.2		—	%	5.0		—	%	77.8		2	%	74.5		2	%
Tomatoes	4.3		1	%	4.4		—	%	15.0		—	%	17.4		1	%
Vegetables	29.4		3	%	32.2		3	%	87.9		3	%	97.7		3	%
Other fruit and vegetables	15.1		2	%	22.7		2	%	50.7		2	%	67.8		2	%
Total fresh and value-added products	574.0		57	%	599.8		57	%	1,895.0		57	%	2,004.9		59	%
Banana	384.7		38	%	388.4		37	%	1,258.6		38	%	1,216.1		36	%
Other products and services	44.4		5	%	65.3		6	%	158.5		5	%	181.4		5	%
Totals	$	1,003.1	100	%	$	1,053.5	100	%	$	3,312.1	100	%	$	3,402.4	100	%