Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

We report three business segments:

• Bananas: Includes the sourcing (purchase and production), transportation, marketing and distribution of bananas.

• Salads and Healthy Snacks: Includes ready-to-eat, packaged salads, referred to in the industry as "value-added salads" and other value-added products, such as healthy snacking items, fresh vegetable and fruit ingredients used in food service; and processed fruit ingredients.

• Other Produce: Includes the sourcing, marketing and distribution of whole fresh produce other than bananas. The primary product of the Other Produce segment is pineapples.

Certain corporate expenses are not allocated to the reportable segments and are included in "Corporate costs". Inter-segment transactions are eliminated.

Financial information for each segment follows:

	Quarter Ended March 31,
(In thousands)	2015			2014
Net sales:
Bananas	$	471,003		$	501,531
Salads and Healthy Snacks	230,233			229,611
Other Produce	24,095			30,848
	$	725,331		$	761,990
Operating income (loss):
Bananas	$	28,577		$	20,689
Salads and Healthy Snacks	10,901			(3,485		)
Other Produce	2,042			95
Corporate costs1	(54,450		)	(16,711		)
	$	(12,930	)	$	588

¹  Includes $48 million and $6 million of transaction costs for the quarters ended March 31, 2015 and 2014, respectively, related to the Merger Agreement and the terminated Fyffes plc. strategic combination.