Earnings Per Ordinary Share
 
Basic net income per share is computed using the weighted average number of common shares outstanding for the period. Basic and diluted net income (loss) per ordinary share are calculated as follows (U.S. dollars in millions, except share and per share data):
 Year ended
December 26, 2025December 27, 2024December 29, 2023
Numerator:   
Net income (loss) attributable to Fresh Del Monte Produce Inc.$90.7 $142.2 $(11.4)
Denominator:   
Weighted average number of ordinary shares - Basic47,845,826 47,876,129 47,979,143 
Effect of dilutive securities - share-based awards307,055 163,876 — 
Weighted average number of ordinary shares - Diluted48,152,881 48,040,005 47,979,143 
Antidilutive awards(1)
— — 692,680 
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.:   
Basic$1.90 $2.97 $(0.24)
Diluted$1.88 $2.96 $(0.24)

(1)     Awards of certain unvested shares and options are not included in the calculation of diluted weighted average shares outstanding because their effect would have been anti-dilutive.

Historical Timeline

Fiscal YearFiled
2025Feb 19, 2026Showing above
2024Feb 24, 2025
2023Feb 26, 2024
2022Feb 22, 2023

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.