Asset Impairment and Other Charges, Net

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.

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

Included in the exit activity and other reserve balance at September 28, 2012 is $3.5 million in contract termination costs and termination benefits related to the under-utilized facilities in the United Kingdom in the banana and other fresh produce segments and $1.3 million in termination benefits related to the previously announced decision to exit Hawaiian production operations in the other fresh produce segment. We do not expect additional charges related to the exit and other activities mentioned above that would significantly impact our results of operations and financial condition.