XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND REDEEMABLE NONCONTROLLING INTEREST (Unaudited) - USD ($)
$ in Millions
Total
Ordinary Shares
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Fresh Del Monte Produce Inc. Shareholders' Equity
Noncontrolling Interests
Total Shareholders' Equity
Balance, shares (shares) at Dec. 29, 2023   47,629,018            
Balance, value at Dec. 29, 2023   $ 0.5 $ 597.7 $ 1,341.4 $ (43.3) $ 1,896.3 $ 16.4 $ 1,912.7
Settlement of restricted stock units (shares)   267,114            
Share-based payment expense     0.6     0.6   0.6
Dividend declared     0.4 12.3   11.9   11.9
Comprehensive income:                
Net income       26.1   26.1 0.0 26.1
Net unrealized (loss) gain on derivatives, net of tax         5.8 5.8   5.8
Net unrealized foreign currency translation gain (loss)         (4.6) (4.6)   (4.6)
Change in retirement benefit adjustment, net of tax         (0.6) (0.6)   (0.6)
Comprehensive income (loss)           26.7 0.0 26.7
Balance, shares (shares) at Mar. 29, 2024   47,896,132            
Balance, value at Mar. 29, 2024   $ 0.5 598.7 1,355.2 (42.7) 1,911.7 16.4 1,928.1
Balance, shares (shares) at Dec. 29, 2023   47,629,018            
Balance, value at Dec. 29, 2023   $ 0.5 597.7 1,341.4 (43.3) 1,896.3 16.4 1,912.7
Comprehensive income:                
Net income $ 79.4              
Net unrealized (loss) gain on derivatives, net of tax 6.8              
Net unrealized foreign currency translation gain (loss) (6.7)              
Change in retirement benefit adjustment, net of tax (1.0)              
Comprehensive income (loss) 78.5              
Balance, shares (shares) at Jun. 28, 2024   47,935,668            
Balance, value at Jun. 28, 2024   $ 0.5 600.9 1,396.9 (44.2) 1,954.1 16.1 1,970.2
Balance, shares (shares) at Mar. 29, 2024   47,896,132            
Balance, value at Mar. 29, 2024   $ 0.5 598.7 1,355.2 (42.7) 1,911.7 16.4 1,928.1
Settlement of restricted stock units (shares)   39,536            
Share-based payment expense     2.2     2.2   2.2
Dividend declared     0.0 11.9   11.9   11.9
Comprehensive income:                
Net income 53.3     53.6   53.6 (0.3) 53.3
Net unrealized (loss) gain on derivatives, net of tax 1.0       1.0 1.0   1.0
Net unrealized foreign currency translation gain (loss) (2.1)       (2.1) (2.1)   (2.1)
Change in retirement benefit adjustment, net of tax (0.4)       (0.4) (0.4)   (0.4)
Comprehensive income (loss) $ 51.8         52.1 (0.3) 51.8
Balance, shares (shares) at Jun. 28, 2024   47,935,668            
Balance, value at Jun. 28, 2024   $ 0.5 600.9 1,396.9 (44.2) 1,954.1 16.1 1,970.2
Balance, shares (shares) at Dec. 27, 2024 47,940,300            
Balance, value at Dec. 27, 2024 $ 2,006.8 $ 0.5 605.0 1,435.4 (50.4) 1,990.5 16.3 2,006.8
Settlement of restricted stock units (shares)   237,959            
Share-based payment expense     2.3     2.3   2.3
Distribution to noncontrolling interests             (0.1) (0.1)
Repurchase and retirement of ordinary shares (shares)   253,850            
Repurchase and retirement of ordinary shares     2.3 5.4   7.7   7.7
Dividend declared     0.4 14.8   14.4   14.4
Comprehensive income:                
Net income       31.1   31.1 0.8 31.9
Net unrealized (loss) gain on derivatives, net of tax         (2.4) (2.4)   (2.4)
Net unrealized foreign currency translation gain (loss)         6.9 6.9   6.9
Change in retirement benefit adjustment, net of tax         (0.3) (0.3)   (0.3)
Comprehensive income (loss)           35.3 0.8 36.1
Balance, shares (shares) at Mar. 28, 2025   47,924,409            
Balance, value at Mar. 28, 2025   $ 0.5 605.4 1,446.3 (46.2) 2,006.0 17.0 2,023.0
Balance, shares (shares) at Dec. 27, 2024 47,940,300            
Balance, value at Dec. 27, 2024 $ 2,006.8 $ 0.5 605.0 1,435.4 (50.4) 1,990.5 16.3 2,006.8
Comprehensive income:                
Net income 89.3              
Net unrealized (loss) gain on derivatives, net of tax (8.7)              
Net unrealized foreign currency translation gain (loss) 23.2              
Change in retirement benefit adjustment, net of tax (0.9)              
Comprehensive income (loss) $ 102.9              
Balance, shares (shares) at Jun. 27, 2025 47,974,946 47,974,946            
Balance, value at Jun. 27, 2025 $ 2,078.3 $ 0.5 608.0 1,488.7 (36.8) 2,060.4 17.9 2,078.3
Balance, shares (shares) at Mar. 28, 2025   47,924,409            
Balance, value at Mar. 28, 2025   $ 0.5 605.4 1,446.3 (46.2) 2,006.0 17.0 2,023.0
Settlement of restricted stock units (shares)   50,537            
Share-based payment expense     2.5     2.5   2.5
Dividend declared     0.1 14.4   14.3   14.3
Comprehensive income:                
Net income 57.4     56.8   56.8 0.6 57.4
Net unrealized (loss) gain on derivatives, net of tax (6.3)       (6.3) (6.3)   (6.3)
Net unrealized foreign currency translation gain (loss) 16.3       16.3 16.3   16.3
Change in retirement benefit adjustment, net of tax (0.6)       (0.6) (0.6)   (0.6)
Comprehensive income (loss) $ 66.8         66.2 0.6 66.8
Balance, shares (shares) at Jun. 27, 2025 47,974,946 47,974,946            
Balance, value at Jun. 27, 2025 $ 2,078.3 $ 0.5 $ 608.0 $ 1,488.7 $ (36.8) $ 2,060.4 17.9 2,078.3
Comprehensive income:                
Noncontrolling Interest, Increase from Subsidiary Equity Issuance             $ 0.3 $ (0.3)