10-Q Filing

FRESH DEL MONTE PRODUCE INC CIK: 1047340 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001047340-23-000186`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	fdp-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 84 Cash Flow Statement 84 Stockholders Equity 29 Comprehensive Income 28

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for Trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.60M	USD	Point-in-time
Allowance for Trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.60M	USD	Point-in-time
Allowance for Other accounts receivable	`AllowanceForDoubtfulOtherReceivablesCurrent`	$6.00M	USD	Point-in-time
Allowance for Other accounts receivable	`AllowanceForDoubtfulOtherReceivablesCurrent`	$5.70M	USD	Point-in-time
Preferred shares, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.20M	USD	Point-in-time
Trade accounts receivable, net of allowance of $22.6 and $21.6, respectively	`AccountsReceivableNetCurrent`	$373.50M	USD	Point-in-time
Preferred shares, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Trade accounts receivable, net of allowance of $22.6 and $21.6, respectively	`AccountsReceivableNetCurrent`	$418.40M	USD	Point-in-time
Preferred shares, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other accounts receivable, net of allowance of $6.0 and $5.7, respectively	`OtherReceivablesNetCurrent`	$91.00M	USD	Point-in-time
Other accounts receivable, net of allowance of $6.0 and $5.7, respectively	`OtherReceivablesNetCurrent`	$101.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$583.30M	USD	Point-in-time
Inventories, net	`InventoryNet`	$669.00M	USD	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.30M	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$67.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.90M	USD	Point-in-time
Ordinary shares, authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Ordinary shares, authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Ordinary shares, issued (shares)	`CommonStockSharesIssued`	48.09M	shares	Point-in-time
Ordinary shares, issued (shares)	`CommonStockSharesIssued`	47.84M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	USD	Point-in-time
Investments in and advances to unconsolidated companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$21.80M	USD	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	48.09M	shares	Point-in-time
Investments in and advances to unconsolidated companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$18.00M	USD	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	47.84M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.31B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.28B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$224.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$213.80M	USD	Point-in-time
Goodwill	`Goodwill`	$422.90M	USD	Point-in-time
Goodwill	`Goodwill`	$423.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$131.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$135.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$49.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$47.40M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$62.60M	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`	$3.37B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$549.90M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$514.20M	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`	$41.60M	USD	Point-in-time
Current maturities of operating leases	`OperatingLeaseLiabilityCurrent`	$53.60M	USD	Point-in-time
Income taxes and other taxes payable	`TaxesPayableCurrent`	$29.00M	USD	Point-in-time
Income taxes and other taxes payable	`TaxesPayableCurrent`	$14.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$598.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$607.00M	USD	Point-in-time
Long-term debt and finance leases	`LongtermDebtandFinanceLeaseLessCurrentMaturities`	$407.10M	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`	$83.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$71.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$66.40M	USD	Point-in-time
Operating leases, less current maturities	`OperatingLeaseLiabilityNoncurrent`	$146.50M	USD	Point-in-time
Operating leases, less current maturities	`OperatingLeaseLiabilityNoncurrent`	$147.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$28.50M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$25.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	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`	-	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; 48,086,949 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; 48,086,949 and 47,838,680 issued and outstanding, respectively	`CommonStockValue`	$500.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$596.30M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$548.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.50M	USD	Point-in-time
Total Fresh Del Monte Produce Inc. shareholders' equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Total Fresh Del Monte Produce Inc. shareholders' equity	`StockholdersEquity`	$1.90B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$16.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$20.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.37B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.46B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$1.18B	USD	1 Quarter
Net sales	`Revenues`	$1.21B	USD	1 Quarter
Net sales	`Revenues`	$2.31B	USD	2 Qtrs
Net sales	`Revenues`	$2.35B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$1.13B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$1.06B	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.10B	USD	2 Qtrs
Cost of products sold	`CostOfGoodsAndServicesSold`	$2.18B	USD	2 Qtrs
Gross profit	`GrossProfit`	$170.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$213.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$80.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$116.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$46.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$92.50M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$47.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$94.40M	USD	2 Qtrs
Gain (loss) on disposal of property, plant and equipment, net and subsidiary	`GainLossOnDispositionOfAssets`	$6.70M	USD	1 Quarter
Gain (loss) on disposal of property, plant and equipment, net and subsidiary	`GainLossOnDispositionOfAssets`	$34.20M	USD	2 Qtrs
Gain (loss) on disposal of property, plant and equipment, net and subsidiary	`GainLossOnDispositionOfAssets`	$-2.20M	USD	2 Qtrs
Gain (loss) on disposal of property, plant and equipment, net and subsidiary	`GainLossOnDispositionOfAssets`	$1.60M	USD	1 Quarter
Asset impairment and other charges, net	`AssetImpairmentAndOtherChargesNet`	$7.10M	USD	2 Qtrs
Asset impairment and other charges, net	`AssetImpairmentAndOtherChargesNet`	$4.60M	USD	1 Quarter
Asset impairment and other charges, net	`AssetImpairmentAndOtherChargesNet`	$1.70M	USD	2 Qtrs
Asset impairment and other charges, net	`AssetImpairmentAndOtherChargesNet`	$700.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$72.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$34.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$74.10M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$146.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$14.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.10M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.50M	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$100.00K	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$500.00K	USD	2 Qtrs
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$100.00K	USD	2 Qtrs
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$400.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.70M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-15.70M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.60M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$116.90M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.40M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.60M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$20.90M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$11.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$10.70M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$4.90M	USD	1 Quarter
Net income	`ProfitLoss`	$96.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$45.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$48.30M	USD	1 Quarter
Net income	`ProfitLoss`	$21.10M	USD	1 Quarter
Less: Net income (loss) attributable to redeemable and noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Net income (loss) attributable to redeemable and noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: Net income (loss) attributable to redeemable and noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.30M	USD	2 Qtrs
Less: Net income (loss) attributable to redeemable and noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.20M	USD	2 Qtrs
Net income attributable to Fresh Del Monte Produce Inc.	`NetIncomeLoss`	$86.70M	USD	2 Qtrs
Net income attributable to Fresh Del Monte Produce Inc.	`NetIncomeLoss`	$21.20M	USD	1 Quarter
Net income attributable to Fresh Del Monte Produce Inc.	`NetIncomeLoss`	$47.70M	USD	1 Quarter
Net income attributable to Fresh Del Monte Produce Inc.	`NetIncomeLoss`	$46.90M	USD	2 Qtrs
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share)	`EarningsPerShareBasic`	$0.98	USD	2 Qtrs
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share)	`EarningsPerShareBasic`	$1.81	USD	2 Qtrs
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share)	`EarningsPerShareBasic`	$0.99	USD	1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share)	`EarningsPerShareDiluted`	$0.98	USD	2 Qtrs
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share)	`EarningsPerShareDiluted`	$0.99	USD	1 Quarter
Net income per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share)	`EarningsPerShareDiluted`	$1.80	USD	2 Qtrs
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	Point-in-time
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.35	USD	2 Qtrs
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	Point-in-time
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends declared per ordinary share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.96M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.75M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.03M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.83M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.18M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.21M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.87M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.89M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$96.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$45.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$48.30M	USD	1 Quarter
Net income	`ProfitLoss`	$21.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.30M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$300.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$200.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$2.80M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.10M	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	$200.00K	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$2.80M	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	$2.80M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$200.00K	USD	2 Qtrs
Change in uncertain tax positions	`IncreaseDecreaseInUnrecognizedTaxBenefits`	$400.00K	USD	2 Qtrs
Change in uncertain tax positions	`IncreaseDecreaseInUnrecognizedTaxBenefits`	$300.00K	USD	2 Qtrs
(Gain) loss on disposal of property, plant and equipment and subsidiary	`GainLossOnDispositionOfPropertyWithAdjustments`	$-2.20M	USD	2 Qtrs
(Gain) loss on disposal of property, plant and equipment and subsidiary	`GainLossOnDispositionOfPropertyWithAdjustments`	$34.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.80M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-6.10M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$200.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-10.90M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$44.30M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$61.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-81.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-26.70M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$200.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-400.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-17.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$42.30M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-3.70M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-6.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$132.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$95.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$23.20M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$18.90M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.30M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$96.80M	USD	2 Qtrs
Cash paid from settlement of derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$200.00K	USD	2 Qtrs
Cash paid from settlement of derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Investments in unconsolidated companies	`PaymentsToAcquireOtherInvestments`	$3.70M	USD	2 Qtrs
Investments in unconsolidated companies	`PaymentsToAcquireOtherInvestments`	$8.10M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$500.00K	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-100.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$73.70M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.10M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$232.90M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$441.70M	USD	2 Qtrs
Payments on debt	`RepaymentsOfLongTermDebt`	$372.20M	USD	2 Qtrs
Payments on debt	`RepaymentsOfLongTermDebt`	$498.10M	USD	2 Qtrs
Purchase of redeemable noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Purchase of redeemable noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$5.20M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDistributionsToAffiliates`	$600.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDistributionsToAffiliates`	$17.80M	USD	2 Qtrs
Share-based awards settled in cash for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$700.00K	USD	2 Qtrs
Share-based awards settled in cash for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$800.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.30M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$16.80M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-300.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-400.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-180.20M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.40M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.90M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.00K	USD	2 Qtrs
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-500.00K	USD	2 Qtrs
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.60M	USD	2 Qtrs
Cash and cash equivalents, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.60M	USD	Point-in-time
Cash and cash equivalents, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.20M	USD	Point-in-time
Cash and cash equivalents, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.10M	USD	Point-in-time
Cash and cash equivalents, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.80M	USD	Point-in-time
Cash and cash equivalents, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.60M	USD	Point-in-time
Cash and cash equivalents, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.20M	USD	Point-in-time
Cash and cash equivalents, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.10M	USD	Point-in-time
Cash and cash equivalents, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.80M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$12.10M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$8.70M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.30M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$18.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$36.70M	USD	2 Qtrs
Dividends on restricted stock units	`DividendsShareBasedCompensation`	-	USD	2 Qtrs
Dividends on restricted stock units	`DividendsShareBasedCompensation`	$400.00K	USD	2 Qtrs
Accounts receivable obtained from disposition of subsidiary	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	2 Qtrs
Accounts receivable obtained from disposition of subsidiary	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$17.00M	USD	2 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance, shares (shares)	`CommonStockSharesOutstanding`	48.09M	shares	Point-in-time
Balance, shares (shares)	`CommonStockSharesOutstanding`	47.84M	shares	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	Point-in-time
Exercises of stock options (shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	2,418.00	shares	1 Quarter
Net income	`ProfitLoss`	$96.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$45.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$48.30M	USD	1 Quarter
Net income	`ProfitLoss`	$21.10M	USD	1 Quarter
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.30M	USD	2 Qtrs
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.30M	USD	1 Quarter
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$44.40M	USD	2 Qtrs
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.60M	USD	1 Quarter
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.00M	USD	1 Quarter
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.40M	USD	2 Qtrs
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.70M	USD	2 Qtrs
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$700.00K	USD	1 Quarter
Change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	2 Qtrs
Change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-600.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$103.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.70M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$69.20M	USD	2 Qtrs
Balance, shares (shares)	`CommonStockSharesOutstanding`	48.09M	shares	Point-in-time
Balance, shares (shares)	`CommonStockSharesOutstanding`	47.84M	shares	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$96.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$45.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$48.30M	USD	1 Quarter
Net income	`ProfitLoss`	$21.10M	USD	1 Quarter
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.30M	USD	2 Qtrs
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.30M	USD	1 Quarter
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$44.40M	USD	2 Qtrs
Net unrealized gain on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.60M	USD	1 Quarter
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.00M	USD	1 Quarter
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.40M	USD	2 Qtrs
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.70M	USD	2 Qtrs
Net unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$700.00K	USD	1 Quarter
Net change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	2 Qtrs
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`	-	USD	2 Qtrs
Net change in retirement benefit adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-600.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$103.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$69.20M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.30M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.20M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable and noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Comprehensive income attributable to Fresh Del Monte Produce Inc.	`ComprehensiveIncomeNetOfTax`	$53.10M	USD	1 Quarter
Comprehensive income attributable to Fresh Del Monte Produce Inc.	`ComprehensiveIncomeNetOfTax`	$93.70M	USD	2 Qtrs
Comprehensive income attributable to Fresh Del Monte Produce Inc.	`ComprehensiveIncomeNetOfTax`	$14.40M	USD	1 Quarter
Comprehensive income attributable to Fresh Del Monte Produce Inc.	`ComprehensiveIncomeNetOfTax`	$70.40M	USD	2 Qtrs

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