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Asset Impairment and Other Charges, Net
 3 Months Ended
Mar. 29, 2013
Asset Impairment and Other Charges, Net [Abstract]  
Restructuring, Impairment, and Other Activities Disclosure
Asset Impairment and Other Charges, Net
 
The following represents a summary of asset impairment and other charges, net recorded during the quarters ended March 29, 2013 and March 30, 2012 (U.S. dollars in millions):

 
 
Quarter ended
 
March 29, 2013
 
March 30, 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

Other fresh produce segment:
 

 
 

 
 

 
 

 
 

 
 

Sale of assets previously impaired as a result of the melon program rationalization in Central America
—

 
—

 
—

 
—

 
(1.8
)
 
(1.8
)
Other charges and legal costs related to the Kunia well site in Hawaii
—

 
0.1

 
0.1

 
—

 
0.1

 
0.1

Total asset impairment and other charges, net
$
—

 
$
0.1

 
$
0.1

 
$
1.8

 
$
(1.7
)
 
$
0.1





















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

 Exit Activity and Other Reserves
 
The following represents a rollforward of 2013 exit activity and other reserves (U.S. dollars in millions):
 
 
Exit activity and
other reserve
balance at
December 28,
2012
 
Impact to
Earnings
 
Cash Paid
 
Foreign Exchange Impact
 
Exit activity and
other reserve
balance at
March 29,
2013
Termination benefits
$
2.0

 
$
—

 
$
(0.5
)
 
$
(0.2
)
 
$
1.3

Contract termination and other exit activity charges
3.5

 
—

 
(0.9
)
 
0.2

 
2.8

 
$
5.5

 
$
—

 
$
(1.4
)
 
$
—

 
$
4.1



Included in the exit activity and other reserve balance at March 29, 2013 is $2.8 million in contract termination costs related to the under-utilized facilities in the United Kingdom in the banana segment 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.