2018 Q1 Form 10-Q Financial Statement

#000104734018000125 Filed on May 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $1.106B $1.032B
YoY Change 7.14% 5.57%
Cost Of Revenue $999.6M $933.3M
YoY Change 7.1% 0.0%
Gross Profit $106.5M $99.10M
YoY Change 7.47% 122.2%
Gross Profit Margin 9.63% 9.6%
Selling, General & Admin $48.60M $47.90M
YoY Change 1.46% -4.96%
% of Gross Profit 45.63% 48.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.00M $19.90M
YoY Change 5.53% 6.42%
% of Gross Profit 19.72% 20.08%
Operating Expenses $48.60M $47.90M
YoY Change 1.46% -4.96%
Operating Profit $56.50M $53.90M
YoY Change 4.82% -1029.31%
Interest Expense $3.700M $1.400M
YoY Change 164.29% -106.9%
% of Operating Profit 6.55% 2.6%
Other Income/Expense, Net -$3.400M -$100.0K
YoY Change 3300.0% -100.59%
Pretax Income $49.50M $52.50M
YoY Change -5.71% -168.45%
Income Tax $6.300M $6.900M
% Of Pretax Income 12.73% 13.14%
Net Earnings $41.50M $46.40M
YoY Change -10.56% -163.47%
Net Earnings / Revenue 3.75% 4.49%
Basic Earnings Per Share $0.85 $0.91
Diluted Earnings Per Share $0.85 $0.90
COMMON SHARES
Basic Shares Outstanding 48.78M shares 51.22M shares
Diluted Shares Outstanding 49.03M shares 51.67M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $37.40M $26.00M
YoY Change 43.85% 4.42%
Cash & Equivalents $37.40M $26.00M
Short-Term Investments
Other Short-Term Assets $24.70M $33.00M
YoY Change -25.15% -46.43%
Inventory $567.3M $502.6M
Prepaid Expenses
Receivables $446.7M $370.8M
Other Receivables $90.40M $65.50M
Total Short-Term Assets $1.167B $997.9M
YoY Change 16.9% 1.23%
LONG-TERM ASSETS
Property, Plant & Equipment $1.423B $1.288B
YoY Change 10.47% 5.98%
Goodwill $591.0M $261.1M
YoY Change 126.35% -0.99%
Intangibles
YoY Change
Long-Term Investments $2.000M $2.000M
YoY Change 0.0% 25.0%
Other Assets $104.7M $92.40M
YoY Change 13.31% 6.7%
Total Long-Term Assets $2.180B $1.714B
YoY Change 27.22% 6.42%
TOTAL ASSETS
Total Short-Term Assets $1.167B $997.9M
Total Long-Term Assets $2.180B $1.714B
Total Assets $3.347B $2.712B
YoY Change 23.42% 4.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $446.1M $359.6M
YoY Change 24.05% 106.55%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $600.0K $500.0K
YoY Change 20.0% -66.67%
Total Short-Term Liabilities $462.5M $373.9M
YoY Change 23.7% -2.07%
LONG-TERM LIABILITIES
Long-Term Debt $794.1M $266.9M
YoY Change 197.53% 5.62%
Other Long-Term Liabilities $40.30M $42.30M
YoY Change -4.73% -15.57%
Total Long-Term Liabilities $40.30M $42.30M
YoY Change -4.73% -15.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $462.5M $373.9M
Total Long-Term Liabilities $40.30M $42.30M
Total Liabilities $1.481B $869.5M
YoY Change 70.32% 2.88%
SHAREHOLDERS EQUITY
Retained Earnings $1.303B $1.312B
YoY Change -0.65% 12.87%
Common Stock $526.2M $549.1M
YoY Change -4.17% -3.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.802B $1.818B
YoY Change
Total Liabilities & Shareholders Equity $3.347B $2.712B
YoY Change 23.42% 4.45%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $41.50M $46.40M
YoY Change -10.56% -163.47%
Depreciation, Depletion And Amortization $21.00M $19.90M
YoY Change 5.53% 6.42%
Cash From Operating Activities $1.500M $33.00M
YoY Change -95.45% -3400.0%
INVESTING ACTIVITIES
Capital Expenditures -$42.70M -$35.60M
YoY Change 19.94% -14.42%
Acquisitions
YoY Change
Other Investing Activities -$371.2M $1.100M
YoY Change -33845.45% 37.5%
Cash From Investing Activities -$413.9M -$34.50M
YoY Change 1099.71% -15.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.200M $17.50M
YoY Change -53.14%
Debt Paid & Issued, Net $138.7M $143.4M
YoY Change -3.28%
Cash From Financing Activities $423.1M 6.000M
YoY Change 6951.67% -72.97%
NET CHANGE
Cash From Operating Activities $1.500M 33.00M
Cash From Investing Activities -$413.9M -34.50M
Cash From Financing Activities $423.1M 6.000M
Net Change In Cash $10.70M 4.500M
YoY Change 137.78% -122.96%
FREE CASH FLOW
Cash From Operating Activities $1.500M $33.00M
Capital Expenditures -$42.70M -$35.60M
Free Cash Flow $44.20M $68.60M
YoY Change -35.57% 68.97%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 dei Amendment Flag
AmendmentFlag
false
CY2018Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-28
CY2018Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2018Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q1 dei Document Period End Date
DocumentPeriodEndDate
2018-03-30
CY2018Q1 dei Document Type
DocumentType
10-Q
CY2018Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001047340
CY2017Q1 fdp Asset Impairment And Other Charges Net
AssetImpairmentAndOtherChargesNet
-1900000 USD
CY2018Q1 fdp Asset Impairment And Other Charges Net
AssetImpairmentAndOtherChargesNet
1600000 USD
CY2017Q1 fdp Minority Interest Increase Decrease From Capital Contributions Distributions
MinorityInterestIncreaseDecreaseFromCapitalContributionsDistributions
0 USD
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
48748992 shares
CY2018Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q1 dei Entity Registrant Name
EntityRegistrantName
FRESH DEL MONTE PRODUCE INC
CY2017Q1 fdp Increase Decreasein Uncertain Tax Positions
IncreaseDecreaseinUncertainTaxPositions
-100000 USD
CY2018Q1 fdp Increase Decreasein Uncertain Tax Positions
IncreaseDecreaseinUncertainTaxPositions
-100000 USD
CY2017Q4 fdp Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
357600000 USD
CY2018Q1 fdp Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
794700000 USD
CY2017Q1 fdp Gain Loss On Disposition Of Property With Adjustments
GainLossOnDispositionOfPropertyWithAdjustments
800000 USD
CY2018Q1 fdp Gain Loss On Disposition Of Property With Adjustments
GainLossOnDispositionOfPropertyWithAdjustments
200000 USD
CY2018Q1 fdp Minority Interest Increase Decrease From Capital Contributions Distributions
MinorityInterestIncreaseDecreaseFromCapitalContributionsDistributions
-500000 USD
CY2018Q1 fdp Numberof Major Business Lines
NumberofMajorBusinessLines
1 major_business_line
CY2018Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1200000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20100000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26000000 USD
CY2017Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1400000 USD
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 fdp Other Accounts Receivable Net Current
OtherAccountsReceivableNetCurrent
8800000 USD
CY2018Q1 fdp Other Accounts Receivable Net Current
OtherAccountsReceivableNetCurrent
8300000 USD
CY2018Q1 fdp Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Termof Historical Datausedin Estimate
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsTermofHistoricalDatausedinEstimate
P5Y
CY2018Q1 fdp Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
300000000 USD
CY2018Q1 fdp Stock Repurchase Program Cumulative Amount Repurchased
StockRepurchaseProgramCumulativeAmountRepurchased
248500000 USD
CY2018Q1 fdp Stock Repurchase Program Cumulative Number Of Shares Repurchased
StockRepurchaseProgramCumulativeNumberOfSharesRepurchased
6211226 shares
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
382400000 USD
CY2018Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
449400000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
358800000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
446700000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-30600000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-28000000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
522500000 USD
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
525700000 USD
CY2017Q4 us-gaap Agricultural Related Inventory Growing Crops
AgriculturalRelatedInventoryGrowingCrops
166300000 USD
CY2018Q1 us-gaap Agricultural Related Inventory Growing Crops
AgriculturalRelatedInventoryGrowingCrops
175800000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12800000 USD
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
17100000 USD
CY2017Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 USD
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
59297 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
207461 shares
CY2017Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
300000 USD
CY2018Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017Q4 us-gaap Assets
Assets
2766900000 USD
CY2018Q1 us-gaap Assets
Assets
3346600000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
1019800000 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
1166500000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25100000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37400000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5900000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
12300000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.150
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.150
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2018-03-30
CY2017Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
300000 USD
CY2017Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
933300000 USD
CY2018Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
999600000 USD
CY2017Q1 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-2500000 USD
CY2018Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
338700000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
59100000 USD
CY2018Q1 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-1800000 USD
CY2017Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2017-03-31
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48759481 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48775905 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48759481 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48775905 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
500000 USD
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
500000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47900000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
44100000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
47100000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
45800000 USD
CY2018Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
59400000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
86300000 USD
CY2018Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
87400000 USD
CY2017Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-4700000 USD
CY2018Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
800000 USD
CY2017Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19900000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21000000 USD
CY2017Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1400000 USD
CY2018Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
600000 USD
CY2018Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2017Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1400000 USD
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1600000 USD
CY2018Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-3200000 USD
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1700000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-2400000 USD
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
800000 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
200000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
261900000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
591000000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
106500000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
99100000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10200000 USD
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10200000 USD
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3600000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
210100000 USD
CY2017Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
6000000 USD
CY2018Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
9900000 USD
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
228400000 USD
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1600000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2200000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
541800000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
567300000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52500000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49500000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6900000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6300000 USD
CY2017Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2600000 USD
CY2018Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5100000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5200000 USD
CY2017Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
23400000 USD
CY2018Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
65000000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
449608 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
251356 shares
CY2017Q1 us-gaap Interest Expense
InterestExpense
1400000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
3700000 USD
CY2017Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
100000 USD
CY2018Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
100000 USD
CY2017Q1 us-gaap Interest Paid Net
InterestPaidNet
1200000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
3400000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
165400000 USD
CY2018Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
163100000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2000000 USD
CY2018Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
975700000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
1480900000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2766900000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3346600000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
393800000 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
462500000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
356200000 USD
CY2018Q1 us-gaap Line Of Credit
LineOfCredit
793500000 USD
CY2018Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1148500000.0 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
357000000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
794100000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
600000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
600000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
24600000 USD
CY2017Q1 us-gaap Minority Interest
MinorityInterest
23800000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
23800000 USD
CY2018Q1 us-gaap Minority Interest
MinorityInterest
24600000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
6000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
423100000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-34500000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-413900000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
33000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1500000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
46400000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
41500000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-800000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1700000 USD
CY2017Q1 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
-800000 USD
CY2018Q1 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
1300000 USD
CY2018Q1 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
-400000 USD
CY2018Q1 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
39100000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
53900000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
56500000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
95800000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
104700000 USD
CY2017Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
100000 USD
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2500000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1800000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4300000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-800000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1700000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
42400000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
40300000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3400000 USD
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
73600000 USD
CY2018Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
90400000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17500000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8200000 USD
CY2018Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
100000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7600000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7300000 USD
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
20500000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1328300000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1423000000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 USD
CY2018Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
39500000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
0 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
200000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2018Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
371700000 USD
CY2017Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
35600000 USD
CY2018Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
42700000 USD
CY2017Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
96200000 USD
CY2018Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
96600000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24700000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
178100000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
578000000 USD
CY2017Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-3700000 USD
CY2018Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1200000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1100000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
500000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
100000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
700000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
45600000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
43200000 USD
CY2018Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
39500000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
143400000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
138700000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
-2200000 USD
CY2018Q1 us-gaap Restructuring Charges
RestructuringCharges
1600000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
300000 USD
CY2018Q1 us-gaap Restructuring Reserve
RestructuringReserve
200000 USD
CY2018Q1 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 USD
CY2017Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-1900000 USD
CY2018Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1600000 USD
CY2015Q3 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P3Y
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
51500000 USD
CY2017Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
303300 shares
CY2018Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
182013 shares
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1767400000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1801600000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1275000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1303400000 USD
CY2017Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1032400000 USD
CY2018Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1106100000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
47900000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
48600000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3600000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4600000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
14294 shares
CY2018Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
21304 shares
CY2017Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
130682 shares
CY2018Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
159632 shares
CY2017Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
6500 shares
CY2018Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
17500 shares
CY2015Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1791200000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1826200000 USD
CY2017Q1 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
0 USD
CY2018Q1 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
1200000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
10800000 USD
CY2018Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
12500000 USD
CY2017Q1 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
17500000 USD
CY2018Q1 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
8200000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51668110 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49032952 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51218502 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48781596 shares

Files In Submission

Name View Source Status
0001047340-18-000125-index-headers.html Edgar Link pending
0001047340-18-000125-index.html Edgar Link pending
0001047340-18-000125.txt Edgar Link pending
0001047340-18-000125-xbrl.zip Edgar Link pending
fdp-20180330.xml Edgar Link completed
fdp-20180330.xsd Edgar Link pending
fdp-20180330_cal.xml Edgar Link unprocessable
fdp-20180330_def.xml Edgar Link unprocessable
fdp-20180330_lab.xml Edgar Link unprocessable
fdp-20180330_pre.xml Edgar Link unprocessable
fdp-3x30x2018x10q.htm Edgar Link pending
fdp-ex1023x30x2018.htm Edgar Link pending
fdp-ex3123x30x2018.htm Edgar Link pending
fdp-ex313x30x2018.htm Edgar Link pending
fdp-ex323x30x2018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending