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10-Q Filing

FRESH DEL MONTE PRODUCE INC CIK: 1047340 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001047340-23-000116
Period End Date 20230331
Filing Date 20230503
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance fdp-20230331_htm.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Allowance for Trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $24.40M USD Point-in-time
Allowance for Trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $21.60M USD Point-in-time
Allowance for Other Accounts Receivable AllowanceForDoubtfulOtherReceivablesCurrent $6.40M USD Point-in-time
Allowance for Other Accounts Receivable AllowanceForDoubtfulOtherReceivablesCurrent $5.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.20M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.70M USD Point-in-time
Preferred shares, par value (usd per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Trade accounts receivable, net of allowance of $24.4 and $21.6, respectively AccountsReceivableNetCurrent $420.90M USD Point-in-time
Trade accounts receivable, net of allowance of $24.4 and $21.6, respectively AccountsReceivableNetCurrent $373.50M USD Point-in-time
Preferred shares, authorized (shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Other accounts receivable, net of allowance of $6.4 and $5.7, respectively OtherReceivablesNetCurrent $91.00M USD Point-in-time
Preferred shares, issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Other accounts receivable, net of allowance of $6.4 and $5.7, respectively OtherReceivablesNetCurrent $94.30M USD Point-in-time
Inventories, net InventoryNet $669.00M USD Point-in-time
Inventories, net InventoryNet $646.90M USD Point-in-time
Preferred shares, outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $67.30M USD Point-in-time
Ordinary shares, par value (usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $21.90M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $26.20M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $23.40M USD Point-in-time
Ordinary shares, authorized (shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Total current assets AssetsCurrent $1.24B USD Point-in-time
Ordinary shares, issued (shares) CommonStockSharesIssued 47.84M shares Point-in-time
Total current assets AssetsCurrent $1.25B USD Point-in-time
Ordinary shares, issued (shares) CommonStockSharesIssued 48.00M shares Point-in-time
Ordinary shares, outstanding (shares) CommonStockSharesOutstanding 47.84M shares Point-in-time
Investments in and advances to unconsolidated companies InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $18.90M USD Point-in-time
Ordinary shares, outstanding (shares) CommonStockSharesOutstanding 48.00M shares Point-in-time
Investments in and advances to unconsolidated companies InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $18.00M USD Point-in-time
Current liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $2.10M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.29B USD Point-in-time
Current liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.31B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $213.80M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $221.30M USD Point-in-time
Goodwill Goodwill $423.10M USD Point-in-time
Goodwill Goodwill $422.90M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $135.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $133.40M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $47.40M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $49.10M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $56.40M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $70.90M USD Point-in-time
Total assets Assets $3.46B USD Point-in-time
Total assets Assets $3.44B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $537.70M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $549.90M USD Point-in-time
Current maturities of debt and finance leases LongtermDebtandFinanceLeaseObligationCurrent $1.40M USD Point-in-time
Current maturities of debt and finance leases LongtermDebtandFinanceLeaseObligationCurrent $1.30M USD Point-in-time
Current maturities of operating leases OperatingLeaseLiabilityCurrent $43.90M USD Point-in-time
Current maturities of operating leases OperatingLeaseLiabilityCurrent $41.60M USD Point-in-time
Income taxes and other taxes payable TaxesPayableCurrent $17.90M USD Point-in-time
Income taxes and other taxes payable TaxesPayableCurrent $14.20M USD Point-in-time
Current liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $2.10M USD Point-in-time
Current liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Total current liabilities LiabilitiesCurrent $603.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $607.00M USD Point-in-time
Long-term debt and finance leases LongtermDebtandFinanceLeaseLessCurrentMaturities $479.60M USD Point-in-time
Long-term debt and finance leases LongtermDebtandFinanceLeaseLessCurrentMaturities $547.10M USD Point-in-time
Retirement benefits PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent $82.40M USD Point-in-time
Retirement benefits PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent $85.50M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $71.60M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $74.00M USD Point-in-time
Operating leases, less current maturities OperatingLeaseLiabilityNoncurrent $153.90M USD Point-in-time
Operating leases, less current maturities OperatingLeaseLiabilityNoncurrent $147.30M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $27.90M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $28.50M USD Point-in-time
Total liabilities Liabilities $1.48B USD Point-in-time
Total liabilities Liabilities $1.42B USD Point-in-time
Commitments and Contingencies (See note 9) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (See note 9) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $49.40M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $49.40M USD Point-in-time
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 47,998,746 and 47,838,680 issued and outstanding, respectively CommonStockValue $500.00K USD Point-in-time
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 47,998,746 and 47,838,680 issued and outstanding, respectively CommonStockValue $500.00K USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $548.10M USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $550.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.40B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.43B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-39.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-41.50M USD Point-in-time
Total Fresh Del Monte Produce Inc. shareholders' equity StockholdersEquity $1.90B USD Point-in-time
Total Fresh Del Monte Produce Inc. shareholders' equity StockholdersEquity $1.94B USD Point-in-time
Noncontrolling interests MinorityInterest $20.90M USD Point-in-time
Noncontrolling interests MinorityInterest $29.40M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.93B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and shareholders' equity LiabilitiesAndStockholdersEquity $3.46B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and shareholders' equity LiabilitiesAndStockholdersEquity $3.44B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Net sales Revenues $1.14B USD 1 Quarter
Net sales Revenues $1.13B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $1.03B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $1.05B USD 1 Quarter
Gross profit GrossProfit $89.80M USD 1 Quarter
Gross profit GrossProfit $97.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $45.20M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $47.60M USD 1 Quarter
Gain (loss) on disposal of property, plant and equipment, net GainLossOnDispositionOfAssets $-3.80M USD 1 Quarter
Gain (loss) on disposal of property, plant and equipment, net GainLossOnDispositionOfAssets $27.50M USD 1 Quarter
Asset impairment and other charges, net AssetImpairmentAndOtherChargesNet $2.40M USD 1 Quarter
Asset impairment and other charges, net AssetImpairmentAndOtherChargesNet $1.00M USD 1 Quarter
Operating income OperatingIncomeLoss $74.50M USD 1 Quarter
Operating income OperatingIncomeLoss $39.80M USD 1 Quarter
Interest expense InterestExpense $8.00M USD 1 Quarter
Interest expense InterestExpense $5.30M USD 1 Quarter
Interest income InterestIncomeDepositsWithFinancialInstitutions - USD 1 Quarter
Interest income InterestIncomeDepositsWithFinancialInstitutions $100.00K USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-4.00M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-9.30M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $30.50M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $57.30M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $5.80M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $9.50M USD 1 Quarter
Net income ProfitLoss $47.80M USD 1 Quarter
Net income ProfitLoss $24.70M USD 1 Quarter
Less: Net income (loss) attributable to redeemable and noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.80M USD 1 Quarter
Less: Net income (loss) attributable to redeemable and noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-1.10M USD 1 Quarter
Net income attributable to Fresh Del Monte Produce Inc. NetIncomeLoss $25.80M USD 1 Quarter
Net income attributable to Fresh Del Monte Produce Inc. NetIncomeLoss $39.00M USD 1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share) EarningsPerShareBasic $0.54 USD 1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share) EarningsPerShareBasic $0.81 USD 1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share) EarningsPerShareDiluted $0.81 USD 1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share) EarningsPerShareDiluted $0.54 USD 1 Quarter
Dividends declared per ordinary share (usd per share) CommonStockDividendsPerShareDeclared $0.15 USD Point-in-time
Dividends declared per ordinary share (usd per share) CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Dividends declared per ordinary share (usd per share) CommonStockDividendsPerShareDeclared $0.15 USD Point-in-time
Dividends declared per ordinary share (usd per share) CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 47.67M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 47.89M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 47.86M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 48.15M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $47.80M USD 1 Quarter
Net income ProfitLoss $24.70M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $22.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $23.60M USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $100.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $100.00K USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.70M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $2.30M USD 1 Quarter
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Change in uncertain tax positions IncreaseDecreaseInUnrecognizedTaxBenefits $300.00K USD 1 Quarter
Change in uncertain tax positions IncreaseDecreaseInUnrecognizedTaxBenefits $100.00K USD 1 Quarter
(Gain) loss on disposal of property, plant and equipment GainLossOnDispositionOfPropertyWithAdjustments $27.50M USD 1 Quarter
(Gain) loss on disposal of property, plant and equipment GainLossOnDispositionOfPropertyWithAdjustments $-3.80M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-3.90M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-3.30M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $1.60M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-3.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $50.60M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $82.20M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-17.40M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $19.20M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.30M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $500.00K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $53.50M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.00M USD 1 Quarter
Other assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-400.00K USD 1 Quarter
Other assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-7.20M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $15.50M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-300.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $10.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $11.10M USD 1 Quarter
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.60M USD 1 Quarter
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $90.70M USD 1 Quarter
Investments in unconsolidated companies PaymentsToAcquireOtherInvestments $1.10M USD 1 Quarter
Investments in unconsolidated companies PaymentsToAcquireOtherInvestments $7.10M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $79.60M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-16.60M USD 1 Quarter
Proceeds from debt ProceedsFromIssuanceOfLongTermDebt $262.50M USD 1 Quarter
Proceeds from debt ProceedsFromIssuanceOfLongTermDebt $143.40M USD 1 Quarter
Payments on debt RepaymentsOfLongTermDebt $210.50M USD 1 Quarter
Payments on debt RepaymentsOfLongTermDebt $227.50M USD 1 Quarter
Adjustment of noncontrolling interest ProceedsFromPaymentsToMinorityShareholders - USD 1 Quarter
Adjustment of noncontrolling interest ProceedsFromPaymentsToMinorityShareholders $-300.00K USD 1 Quarter
Share-based awards settled in cash for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $500.00K USD 1 Quarter
Share-based awards settled in cash for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $800.00K USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $7.20M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $7.20M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-800.00K USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-300.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-75.90M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $26.70M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-700.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-600.00K USD 1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $9.20M USD 1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $18.50M USD 1 Quarter
Cash and cash equivalents, beginning CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.10M USD Point-in-time
Cash and cash equivalents, beginning CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.30M USD Point-in-time
Cash and cash equivalents, beginning CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.20M USD Point-in-time
Cash and cash equivalents, beginning CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $35.70M USD Point-in-time
Cash and cash equivalents, ending CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.10M USD Point-in-time
Cash and cash equivalents, ending CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.30M USD Point-in-time
Cash and cash equivalents, ending CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.20M USD Point-in-time
Cash and cash equivalents, ending CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $35.70M USD Point-in-time
Cash paid for interest InterestPaidNet $6.40M USD 1 Quarter
Cash paid for interest InterestPaidNet $7.30M USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaidNet $4.10M USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaidNet $2.50M USD 1 Quarter
Right-of-use assets obtained in exchange for new operating lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $10.80M USD 1 Quarter
Right-of-use assets obtained in exchange for new operating lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $19.30M USD 1 Quarter
Dividends on restricted stock units DividendsShareBasedCompensation $300.00K USD 1 Quarter
Dividends on restricted stock units DividendsShareBasedCompensation - USD 1 Quarter
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Balance, shares (shares) CommonStockSharesOutstanding 47.84M shares Point-in-time
Balance, shares (shares) CommonStockSharesOutstanding 48.00M shares Point-in-time
Balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.93B USD Point-in-time
Balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Exercises of stock options (shares) StockIssuedDuringPeriodSharesShareBasedCompensation 2,418.00 shares 1 Quarter
Adjustment of noncontrolling interest ProceedsFromPaymentsToMinorityShareholders - USD 1 Quarter
Adjustment of noncontrolling interest ProceedsFromPaymentsToMinorityShareholders $-300.00K USD 1 Quarter
Net income ProfitLoss $47.80M USD 1 Quarter
Net income ProfitLoss $24.70M USD 1 Quarter
Net unrealized gain on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 1 Quarter
Net unrealized gain on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $37.80M USD 1 Quarter
Net unrealized foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.00M USD 1 Quarter
Net unrealized foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.40M USD 1 Quarter
Change in retirement benefit adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $400.00K USD 1 Quarter
Change in retirement benefit adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $100.00K USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $55.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.40M USD 1 Quarter
Balance, shares (shares) CommonStockSharesOutstanding 47.84M shares Point-in-time
Balance, shares (shares) CommonStockSharesOutstanding 48.00M shares Point-in-time
Balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.93B USD Point-in-time
Balance, value StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $47.80M USD 1 Quarter
Net income ProfitLoss $24.70M USD 1 Quarter
Net unrealized gain on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 1 Quarter
Net unrealized gain on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $37.80M USD 1 Quarter
Net unrealized foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.00M USD 1 Quarter
Net unrealized foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.40M USD 1 Quarter
Net change in retirement benefit adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $400.00K USD 1 Quarter
Net change in retirement benefit adjustment, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $100.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $55.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.40M USD 1 Quarter
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.10M USD 1 Quarter
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.80M USD 1 Quarter
Comprehensive income attributable to Fresh Del Monte Produce Inc. ComprehensiveIncomeNetOfTax $40.60M USD 1 Quarter
Comprehensive income attributable to Fresh Del Monte Produce Inc. ComprehensiveIncomeNetOfTax $56.10M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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