Asset Impairment and Other Charges, Net (Tables)

9 Months Ended

Sep. 28, 2012

Asset Impairment and Other Charges, Net [Abstract]

Asset Impairment and Other Charges

The following represents a summary of asset impairment and other charges, net recorded during the quarter and nine months ended September 28, 2012 and September 30, 2011 (U.S. dollars in millions):

	Quarter ended						Nine months ended
	September 28, 2012						September 28, 2012
	Long-lived and other asset impairment		Exit activity and other charges		Total		Long-lived and other asset impairment		Exit activity and other charges (credits)			Total
Banana segment:
United Kingdom under-utilized distribution center	$	—	$	—	$	—	$	1.8	$	—		$	1.8
Costa Rica farm flood damages	0.3		1.0		1.3		0.3		1.0			1.3
Other fresh produce segment:
United Kingdom under-utilized distribution center	—		0.5		0.5		—		1.5			1.5
Sale of assets previously impaired as a result of the melon program rationalization in Central America	—		—		—		—		(1.9		)	(1.9		)
Other charges and legal costs related to the Kunia well site in Hawaii	—		0.3		0.3		—		0.5			0.5
Total asset impairment and other charges, net	$	0.3	$	1.8	$	2.1	$	2.1	$	1.1		$	3.2

3.  Asset Impairment and Other Charges, Net (continued)

	Quarter ended								Nine months ended
	September 30, 2011								September 30, 2011
	Long-lived and other asset impairment		Exit activity and other charges (credits)			Total			Long-lived and other asset impairment			Exit activity and other charges (credits)		Total
Banana segment:
United Kingdom closure of distribution center	$	0.6	$	0.7		$	1.3		$	0.6		$	0.7	$	1.3
Costa Rica exit of low banana-producing areas	—		—			—			0.8			$	—	0.8
Decision to abandon an isolated area of our banana operation in the Philippines	—		—			—			—			1.3		1.3
Other fresh produce segment:
Central America melon program rationalization	—		—			—			7.7		(1)	0.5		8.2
Other charges and legal costs related to the Kunia well site in Hawaii	—		(0.7		)	(0.7		)	—			1.0		1.0
Prepared food segment:
Other impairment charges	—		—			—			0.2			—		0.2
Total asset impairment and other charges, net	$	0.6	$	—		$	0.6		$	9.3		$	3.5	$	12.8

⁽¹⁾ Includes melon goodwill impairment of $3.3 million.

Rollforward of 2011 Exit Activity and Other Reserves

The following represents a rollforward of 2012 exit activity and other reserves (U.S. dollars in millions):

	Exit activity and other reserve balance at December 30, 2011		Impact to Earnings		Cash Paid			Foreign Exchange Impact			Exit activity and other reserve balance at September 28, 2012
Termination benefits	$	1.0	$	1.8	$	(0.9	)	$	—		$	1.9
Contract termination and other exit activity charges	3.6		—		(0.6		)	(0.1		)	2.9
	$	4.6	$	1.8	$	(1.5	)	$	(0.1	)	$	4.8