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Asset Impairment and Other Charges (Credits), Net | 9 Months Ended
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Sep. 29, 2023
Asset Impairment and Other Charges (Credits), Net [Abstract] |
Asset Impairment and Other Charges (Credits), Net | The following represents a summary of asset impairment and other charges (credits), net recorded during the quarters and nine months ended September 29, 2023 and September 30, 2022 (U.S. dollars in millions):
| Quarter ended |  | Nine months ended
| September 29, 2023 |  | September 29, 2023
| Long-lived and other asset impairment |  | Exit activity and other charges |  | Total |  | Long-lived and other asset impairment |  | Exit activity and other charges |  | Total
Banana segment: |  |  |  |  |  |  |  |  |  |  |
Impairment of low-yielding banana farms in the Philippines | $ | 3.7 |  |  | $ | — |  |  | $ | 3.7 |  |  | $ | 3.7 |  |  | $ | — |  |  | $ | 3.7 |
Fresh and value-added products segment: |  |  |  |  |  |  |  |  |  |  |
Impairment and write-off of property and equipment due to flooding in Greece (1) | 0.9 |  |  | — |  |  | 0.9 |  |  | 0.9 |  |  | — |  |  | 0.9 |
Impairment of low productivity grape vines in South America and related costs | — |  |  | — |  |  | — |  |  | 1.7 |  |  | 0.1 |  |  | 1.8 |
Other: |  |  |  |  |  |  |  |  |  |  |
2023 cybersecurity incident expenses (2) | — |  |  | (2.8) |  |  | (2.8) |  |  | — |  |  | 1.3 |  |  | 1.3 |
Impairment of assets related to idle land in Central and South America | 0.7 |  |  | — |  |  | 0.7 |  |  | 1.8 |  |  | — |  |  | 1.8 |
Total asset impairment and other charges (credits), net | $ | 5.3 |  |  | $ | (2.8) |  |  | $ | 2.5 |  |  | $ | 8.1 |  |  | $ | 1.4 |  |  | $ | 9.5 |
| Quarter ended |  | Nine months ended
| September 30, 2022 |  | September 30, 2022
| Long-lived and other asset impairment |  | Exit activity and other charges |  | Total |  | Long-lived and other asset impairment |  | Exit activity and other charges |  | Total
Banana segment: |  |  |  |  |  |  |  |  |  |  |
Exit costs related to European facility | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.4 |  |  | $ | 0.4 |
Fresh and value-added products segment: |  |  |  |  |  |  |  |  |  |  |
Adjustment of Kunia Well Site environmental liability in Hawaii (3) | — |  |  | (9.9) |  |  | (9.9) |  |  | — |  |  | (9.9) |  |  | (9.9) |
Impairment of South American farm and other charges | — |  |  | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.1 |  |  | 0.3 |
Other fresh and value-added segment charges | — |  |  | — |  |  | — |  |  | — |  |  | 0.1 |  |  | 0.1 |
Other: |  |  |  |  |  |  |  |  |  |  |
Former President/COO severance expense | — |  |  | — |  |  | — |  |  | — |  |  | 1.0 |  |  | 1.0 |
Total asset impairment and other charges (credits), net | $ | — |  |  | $ | (9.8) |  |  | $ | (9.8) |  |  | $ | 0.2 |  |  | $ | (8.3) |  |  | $ | (8.1) |
3. Asset Impairment and Other Charges (Credits), Net (continued) (1) We incurred costs related to property and equipment damage due to severe flooding caused by heavy rainstorms in Greece during both the quarter ended September 29, 2023 and the nine months ended September 29, 2023, which directly impacted our seasonal production factory. The Company has flood insurance and is in the process of submitting claims to its insurer for reimbursement. The Company is also seeking government assistance for emergency disaster relief. (2) We received insurance reimbursement and other credits of $2.8 million during the quarter ended September 29, 2023, in connection with a cybersecurity incident which occurred during early 2023. During the nine months ended September 29, 2023, we incurred cybersecurity expenses of $1.3 million, net of insurance reimbursements received, primarily related to the engagement of specialized legal counsel and other incident response advisors. (3) We recorded a reduction in our environmental liability of $9.9 million related to the Kunia Well Site clean-up.

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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