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Supplemental Consolidating Financial Information Condensed Statement of Income (Tables)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Condensed Income Statement [Abstract]    
Condensed Income Statement [Table Text Block]
Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Quarter Ended June 30, 2014
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CBII
 
CBLLC
 
Guarantor
 
Non-Guarantor
 
Consolidating
 
Company
 
 
(Co-issuer)
 
(Co-issuer)
 
Subsidiaries
 
Subsidiaries
 
Eliminations
 
Consolidated
Net sales
 
$

 
$
225,172

 
$
318,525

 
$
538,098

 
$
(255,948
)
 
$
825,847

Cost of sales
 

 
217,303

 
276,824

 
478,105

 
(255,925
)
 
716,307

Selling, general and administrative
 
7,580

 
4,724

 
21,644

 
21,007

 

 
54,955

Transaction Costs
 
2,753

 

 

 

 

 
2,753

Depreciation
 

 
1,094

 
6,819

 
5,176

 

 
13,089

Amortization
 

 

 
2,336

 
6

 

 
2,342

Equity in losses of investees
 
(37,463
)
 
(44,600
)
 
778

 
(332
)
 
81,285

 
(332
)
Operating income (loss)
 
27,130

 
46,651

 
10,124

 
34,136

 
(81,308
)
 
36,733

Interest income
 

 

 
1

 
640

 

 
641

Interest expense
 
(5,295
)
 
(9,175
)
 
(683
)
 
(146
)
 

 
(15,299
)
Other income (expense), net
 
(2
)
 
(13
)
 
84

 
(334
)
 
23

 
(242
)
Income (loss) before income taxes
 
21,833

 
37,463

 
9,526

 
34,296

 
(81,285
)
 
21,833

Income tax expense
 
(3,997
)
 
(6,069
)
 
(3,728
)
 
(2,491
)
 
12,288

 
(3,997
)
Net income (loss)
 
$
17,836

 
$
31,394

 
$
5,798

 
$
31,805

 
$
(68,997
)
 
$
17,836

Chiquita Brands International, Inc.
Condensed Consolidating Statement of Operations (Unaudited)
Quarter Ended June 30, 2015
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CBII
 
CBLLC
 
Guarantor
 
Non-Guarantor
 
Consolidating
 
Company
 
 
(Co-issuer)
 
(Co-issuer)
 
Subsidiaries
 
Subsidiaries
 
Eliminations
 
Consolidated
Net sales
 
$

 
$
209,558

 
$
311,234

 
$
508,988

 
$
(253,133
)
 
$
776,647

Cost of sales
 

 
223,889

 
264,030

 
403,342

 
(253,021
)
 
638,240

Selling, general and administrative
 
1,550

 
7,323

 
12,731

 
20,128

 
(251
)
 
41,481

Transaction costs
 
1,459

 
3,913

 
5,833

 
456

 

 
11,661

Depreciation
 

 
2,712

 
5,578

 
4,661

 

 
12,951

Amortization
 

 

 
2,336

 
6

 

 
2,342

Equity in losses (earnings) of investees and subsidiaries
 
(45,780
)
 
(100,420
)
 
105

 
(176
)
 
146,095

 
(176
)
Operating income (loss)
 
42,771

 
72,141

 
20,621

 
80,571

 
(145,956
)
 
70,148

Interest income
 

 

 

 
638

 

 
638

Interest expense
 
(2,319
)
 
(6,284
)
 
(673
)
 
(105
)
 

 
(9,381
)
Other income (expense), net
 

 

 

 
(953
)
 

 
(953
)
Intercompany interest and other
 
20,000

 
(20,077
)
 
204

 
12

 
(139
)
 

Income (loss) before income taxes
 
60,452

 
45,780

 
20,152

 
80,163

 
(146,095
)
 
60,452

Income tax benefit (expense)
 
(864
)
 
(3,387
)
 
(7,645
)
 
(2,229
)
 
13,261

 
(864
)
Net income (loss)
 
$
59,588

 
$
42,393

 
$
12,507

 
$
77,934

 
$
(132,834
)
 
$
59,588

Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Six Months Ended June 30, 2015
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CBII
 
CBLLC
 
Guarantor
 
Non-Guarantor
 
Consolidating
 
Company
 
 
(Co-issuer)
 
(Co-issuer)
 
Subsidiaries
 
Subsidiaries
 
Eliminations
 
Consolidated
Net sales
 
$

 
$
409,911

 
$
606,250

 
$
981,765

 
$
(495,948
)
 
$
1,501,978

Cost of sales
 

 
435,837

 
518,069

 
802,568

 
(495,623
)
 
1,260,851

Selling, general and administrative
 
4,557

 
12,626

 
29,967

 
43,834

 
(102
)
 
90,882

Transaction Costs
 
39,503

 
8,009

 
10,453

 
1,675

 

 
59,640

Depreciation
 

 
8,036

 
11,257

 
9,593

 

 
28,886

Amortization
 

 

 
4,671

 
13

 

 
4,684

Equity in losses of investees
 
(49,268
)
 
(154,388
)
 
104

 
(183
)
 
203,552

 
(183
)
Operating income (loss)
 
5,208

 
99,791

 
31,729

 
124,265

 
(203,775
)
 
57,218

Interest income
 

 

 

 
1,302

 

 
1,302

Interest expense
 
(6,301
)
 
(10,689
)
 
(1,349
)
 
(227
)
 

 
(18,566
)
Loss on debt extinguishment
 
(17,112
)
 
(19,100
)
 

 

 

 
(36,212
)
Other income (expense), net
 

 

 

 
(1,555
)
 

 
(1,555
)
Intercompany interest and other
 
20,392

 
(20,734
)
 
(61
)
 
180

 
223

 

Income (loss) before income taxes
 
2,187

 
49,268

 
30,319

 
123,965

 
(203,552
)
 
2,187

Income tax expense
 
(7,225
)
 
(3,454
)
 
(12,069
)
 
(2,941
)
 
18,464

 
(7,225
)
Net income (loss)
 
$
(5,038
)
 
$
45,814

 
$
18,250

 
$
121,024

 
$
(185,088
)
 
$
(5,038
)