Business Segment Data (Tables)
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12 Months Ended |
Dec. 28, 2018 |
Segment Reporting [Abstract] |
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Net sales and gross profit by geographic region |
We evaluate performance based on several factors, of which net sales and gross profit by product are the primary financial measures (U.S. dollars in millions):
| | | | | | | | | | | | | | | | | | | | | | | | | | Year ended | | December 28, 2018 | | December 29, 2017 | | December 30, 2016 | | Net Sales | | Gross Profit | | Net Sales | | Gross Profit | | Net Sales | | Gross Profit | Other fresh produce | $ | 2,443.0 |
| | $ | 180.2 |
| | $ | 1,997.2 |
| | $ | 179.2 |
| | $ | 1,852.6 |
| | $ | 236.7 |
| Banana | 1,703.1 |
| | 84.1 |
| | 1,775.1 |
| | 113.4 |
| | 1,811.5 |
| | 159.5 |
| Prepared food | 347.8 |
| | 15.5 |
| | 313.6 |
| | 39.0 |
| | 347.4 |
| | 65.2 |
| Totals | $ | 4,493.9 |
| | $ | 279.8 |
| | $ | 4,085.9 |
| | $ | 331.6 |
| | $ | 4,011.5 |
| | $ | 461.4 |
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Our North America region included the following Mann Packing results:
| | | | | | | | | | Period from February 27, 2018 to December 28, 2018 | Products: | Net Sales | | Gross Profit | Other fresh produce | $ | 441.8 |
| | $ | 28.8 |
| Prepared foods | 46.8 |
| | 7.2 |
| Totals | $ | 488.6 |
| | $ | 36.0 |
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Net sales by geographic region |
| | | | | | | | | | | | | | Year ended | Net sales by geographic region: | December 28, 2018 | | December 29, 2017 | | December 30, 2016 | North America | $ | 2,871.3 |
| | $ | 2,382.4 |
| | $ | 2,221.5 |
| Europe | 653.7 |
| | 665.9 |
| | 673.1 |
| Middle East | 445.6 |
| | 518.8 |
| | 569.8 |
| Asia | 465.7 |
| | 460.2 |
| | 477.2 |
| Other | 57.6 |
| | 58.6 |
| | 69.9 |
| Total net sales | $ | 4,493.9 |
| | $ | 4,085.9 |
| | $ | 4,011.5 |
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Net sales by product |
The following table indicates our net sales by product: | | | | | | | | | | | | | | | | | | | | | | | Year ended | | December 28, 2018 | | December 29, 2017 | | December 30, 2016 | Segments: | | | | | | | | | | | | Other fresh produce: | | | | | |
| | |
| | |
| | |
| Gold pineapples | 487.9 |
| | 11 | % | | 492.7 |
| | 12 | % | | 495.1 |
| | 12 | % | Fresh-cut produce: | | | | | | | | | | | | Fresh-cut fruit | 510.6 |
| | 11 | % | | 496.9 |
| | 12 | % | | 417.7 |
| | 10 | % | Fresh-cut vegetables | 433.2 |
| | 10 | % | | 110.9 |
| | 3 | % | | 99.2 |
| | 2 | % | Non-tropical fruit | 221.5 |
| | 5 | % | | 235.7 |
| | 6 | % | | 259.8 |
| | 7 | % | Avocados | 329.2 |
| | 7 | % | | 314.9 |
| | 8 | % | | 229.6 |
| | 6 | % | Melons | 107.8 |
| | 3 | % | | 106.8 |
| | 3 | % | | 111.6 |
| | 3 | % | Tomatoes | 62.5 |
| | 1 | % | | 77.7 |
| | 2 | % | | 81.2 |
| | 2 | % | Vegetables | 140.2 |
| | 3 | % | | 25.9 |
| | 1 | % | | 30.3 |
| | 1 | % | Other fruit, products and services | 150.1 |
| | 3 | % | | 135.7 |
| | 2 | % | | 128.1 |
| | 3 | % | Total other fresh produce | $ | 2,443.0 |
| | 54 | % | | $ | 1,997.2 |
| | 49 | % | | $ | 1,852.6 |
| | 46 | % | Banana | 1,703.1 |
| | 38 | % | | 1,775.1 |
| | 43 | % | | 1,811.5 |
| | 45 | % | Prepared food | 347.8 |
| | 8 | % | | 313.6 |
| | 8 | % | | 347.4 |
| | 9 | % | Total | $ | 4,493.9 |
| | 100 | % | | $ | 4,085.9 |
| | 100 | % | | $ | 4,011.5 |
| | 100 | % |
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Long-lived assets by geographical region |
| | | | | | | | | Property, plant and equipment, net: | December 28, 2018 | | December 29, 2017 | North America | $ | 241.4 |
| | $ | 169.9 |
| Europe | 51.4 |
| | 52.5 |
| Middle East | 129.6 |
| | 139.9 |
| Africa | 44.8 |
| | 44.2 |
| Asia | 128.4 |
| | 159.3 |
| Central America | 644.1 |
| | 642.1 |
| South America | 90.5 |
| | 91.2 |
| Maritime equipment (including containers) | 52.9 |
| | 18.3 |
| Corporate | 9.1 |
| | 10.9 |
| Total property, plant and equipment, net | $ | 1,392.2 |
| | $ | 1,328.3 |
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| | | | | | | | | Identifiable assets: | December 28, 2018 | | December 29, 2017 | North America | $ | 933.0 |
| | $ | 441.5 |
| Europe | 297.1 |
| | 325.0 |
| Middle East | 278.9 |
| | 300.0 |
| Africa | 162.0 |
| | 133.6 |
| Asia | 239.2 |
| | 270.1 |
| Central America | 1,026.5 |
| | 1,011.7 |
| South America | 165.0 |
| | 185.1 |
| Maritime equipment (including containers) | 66.9 |
| | 35.0 |
| Corporate | 86.6 |
| | 64.9 |
| Total identifiable assets | $ | 3,255.2 |
| | $ | 2,766.9 |
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