XML 75 R66.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Mar. 31, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Segment Reporting Information [Line Items]          
Net sales $ 776,647   $ 825,847 $ 1,501,978 $ 1,587,837
Operating income (loss) 70,148   36,733 57,218 37,321
Transaction costs 11,661   2,753 59,640 8,672
Fyffes transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs     3,000   9,000
Cutrale Safra transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs 12,000     60,000  
Corporate costs          
Segment Reporting Information [Line Items]          
Operating income (loss) [1] (25,833) [2]   (13,856) (80,284) (30,567)
Corporate costs | Cutrale Safra transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs   $ 4,000      
Bananas [Member]          
Segment Reporting Information [Line Items]          
Net sales 502,194   537,340 973,198 1,038,871
Operating income (loss) 65,984 [2]   43,332 [3] 94,561 64,021 [3]
Bananas [Member] | Bananas [Member] | Cost of sales          
Segment Reporting Information [Line Items]          
Loss from Changeover of Vessels     5,000    
Bananas [Member] | Cutrale Safra transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs   1,000      
Salads and Healthy Snacks          
Segment Reporting Information [Line Items]          
Net sales 248,108   249,317 478,341 478,928
Operating income (loss) 27,818 [2]   7,227 [4] 38,719 3,742 [4]
Salads and Healthy Snacks | Salads and Healthy Snacks | General and administrative expense          
Segment Reporting Information [Line Items]          
inventory and equipment write downs and severance expense related to product resizing, product discontinuation and overhead savings initiatives     2,000    
Salads and Healthy Snacks | Cutrale Safra transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs   3,000      
Other Produce          
Segment Reporting Information [Line Items]          
Net sales 26,345   39,190 50,439 70,038
Operating income (loss) $ 2,179 [2]   30 $ 4,222 $ 125
Other Produce | Cutrale Safra transaction | General and administrative expense          
Segment Reporting Information [Line Items]          
Transaction costs   $ 1,000      
European | Bananas [Member] | General and administrative expense          
Segment Reporting Information [Line Items]          
Gain (Loss) on Sale of Properties     $ 1,000    
[1] Includes $12 million and $3 million of transaction costs for the quarters ended June 30, 2015 and 2014, and $60 million and $9 million of transaction costs for the six months ended June 30, 2015 and 2014, respectively, related to the Merger Agreement and the terminated Fyffes plc. strategic combination.
[2] Includes a reclassification of less than $1 million of transaction costs not properly classified as of March 31, 2015 and included in the Bananas segment, less than $1 million in Other Produce segment. and $3 million in Salads and Healthy Snacks segment, aggregating to $4 million which should have been included in Corporate costs.
[3] Includes $5 million of cost related to the changeover of vessels at the end of the leases and a$1 million gain on the sale of a ripening facility in Europe in the second quarter of 2014.
[4] Includes $2 million of cost in the second quarter of 2014 related to inventory and equipment write downs and severance expense related to product resizing, product discontinuation and overhead savings initiatives.