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Unaudited Quarterly Financial Information
12 Months Ended
Dec. 28, 2018
Quarterly Financial Data [Abstract]  
Unaudited Quarterly Financial Information
Unaudited Quarterly Financial Information
 
Our fiscal quarter-ends correspond to the last Friday of the 13-week period, beginning the day following our fiscal year end. The following summarizes certain quarterly operating data (U.S. dollars in millions, except per share data):

 
 
Quarter ended
 
March 30, 2018
 
June 29, 2018 (2)
 
September 28, 2018 (2)
 
December 28, 2018 (2)
Net sales
$
1,106.1

 
$
1,272.4

 
$
1,069.5

 
$
1,045.9

Gross profit
106.5

 
78.3

 
52.6

 
42.4

Net income (loss)
43.2

 
(5.6
)
 
(21.2
)
 
(32.3
)
Net income (loss) attributable to Fresh Del Monte
Produce Inc.
41.5

 
(7.9
)
 
(21.5
)
 
(34.0
)
Net income (loss) per ordinary share attributable to
    Fresh Del Monte Produce Inc. – basic
(1)
$
0.85

 
$
(0.16
)
 
$
(0.44
)
 
$
(0.70
)
Net income (loss) per ordinary share attributable to
    Fresh Del Monte Produce Inc. – diluted
(1)
$
0.85

 
$
(0.16
)
 
$
(0.44
)
 
$
(0.70
)
Dividends declared per ordinary share
$
0.150

 
$
0.150

 
$
0.150

 
$
0.150

 
 
 
 
 
 
 
 
 
March 31, 2017
 
June 30, 2017
 
September 29, 2017
 
December 29, 2017 (3)
Net sales
$
1,032.4

 
$
1,147.1

 
$
952.7

 
$
953.7

Gross profit
99.1

 
123.2

 
58.3

 
51.0

Net income (loss)
45.6

 
69.8

 
10.5

 
(6.7
)
Net income (loss) attributable to Fresh Del Monte
    Produce Inc.
46.4

 
69.2

 
11.5

 
(6.3
)
Net income (loss) per ordinary share attributable to
    Fresh Del Monte Produce Inc. – basic
(1)
$
0.91

 
$
1.37

 
$
0.23

 
$
(0.13
)
Net income (loss) per ordinary share attributable to
    Fresh Del Monte Produce Inc. – diluted
(1)
$
0.90

 
$
1.36

 
$
0.23

 
$
(0.13
)
Dividends declared per ordinary share
$
0.150

 
$
0.150

 
$
0.150

 
$
0.150

 

(1) 
Basic and diluted earnings per share for each of the quarters presented above is based on the respective weighted average number of shares for the quarters. The sum of the quarters may not necessarily be equal to the full year basic and diluted earnings per share amounts due to rounding.
(2) 
Diluted earnings per share for the following quarters excludes the impact of antidilutive share based payment awards for ordinary shares as they were antidilutive as follows: 739,106 ordinary shares for the quarter ended June 29, 2018 , 620,017 ordinary shares for the quarter ended September 28, 2018 and 851,645 for the quarter ended December 28, 2018.
(3) 
Diluted earnings per share for the quarter ended December 29, 2017 excludes the impact of antidilutive share-based payment awards for 275,688 ordinary shares, as they were antidilutive.