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Earnings Per Share
6 Months Ended
Jun. 29, 2012
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
 
June 29, 2012
 
July 1,
2011
 
June 29, 2012
 
July 1,
2011
Numerator:
 
 
 
 
 
 
 
Net income attributable to Fresh Del Monte Produce Inc.
$
57.2

 
$
35.2

 
$
119.7

 
$
90.4

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Weighted average number of ordinary shares - Basic
57,905,312

 
59,562,202

 
57,856,208

 
59,202,865

Effect of dilutive securities - employee stock options
90,021

 
325,727

 
91,849

 
376,385

Weighted average number of ordinary shares - Diluted
57,995,333

 
59,887,929

 
57,948,057

 
59,579,250

 
 
 
 
 
 
 
 
Net income per ordinary share attributable to
 

 
 

 
 

 
 

Fresh Del Monte Produce Inc.:
 

 
 

 
 

 
 

Basic
$
0.99

 
$
0.59

 
$
2.07

 
$
1.53

Diluted
$
0.99

 
$
0.59

 
$
2.07

 
$
1.52



Refer to Note 17, “Shareholders’ Equity”, for disclosures related to the stock repurchase program and retired shares.