XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.23.3

Allowance for Credit Losses (Tables) | 9 Months Ended
--- | ---
Sep. 29, 2023
Receivables [Abstract] |
Rollforward of Trade Receivable Allowance for Credit Losses | The table below presents a rollforward of our trade receivable allowance for credit losses for the nine months ended September 29, 2023 and September 30, 2022 (U.S. dollars in millions):
|  |  | Nine months ended
Trade receivables |  |  |  |  | September 29, 2023 |  | September 30, 2022
Allowance for credit losses: |  |  |  |  |  |  |
Balance, beginning of period |  |  |  |  | $ | 9.3 |  |  | $ | 10.2 |
Provision for uncollectible amounts |  |  |  |  | 0.8 |  |  | 0.2 |
Deductions to allowance related to write-offs |  |  |  |  | (2.5) |  |  | (0.3) |
Foreign exchange effects |  |  |  |  | — |  |  | (0.3) |
Reclassifications(1) |  |  |  |  | — |  |  | (0.3) |
Balance, end of period |  |  |  |  | $ | 7.6 |  |  | $ | 9.5 |
(1) Reclassification of $0.3 million to the long-term allowance for credit losses, presented in other noncurrent assets on our Consolidated Balance Sheets, from short-term during the nine months ended September 30, 2022. The amount in the long-term allowance related to trade receivables as of September 29, 2023 is not material to our Consolidated Financial Statements.
Advances to Growers Along with the Related Allowance for Doubtful Accounts | The following table details the advances to growers and suppliers based on their credit risk profile (U.S. dollars in millions):
| September 29, 2023 |  | December 30, 2022
| Current |  | Past-Due |  | Current |  | Past-Due
Gross advances to growers and suppliers | $ | 27.2 |  |  | $ | 10.9 |  |  | $ | 44.6 |  |  | $ | 5.6 |
Rollforward of Allowance for Advances to Growers and Suppliers | The allowance for advances to growers and suppliers for the nine months ended September 29, 2023 and September 30, 2022 were as follows (U.S. dollars in millions):
|  |  | Nine months ended
|  |  |  |  | September 29, 2023 |  | September 30, 2022
Allowance for advances to growers and suppliers: |  |  |  |  |  |  |
Balance, beginning of period |  |  |  |  | $ | 4.9 |  |  | $ | 1.8 |
Provision for uncollectible amounts |  |  |  |  | 2.9 |  |  | 1.3 |
Deductions to allowance related to write-offs |  |  |  |  | — |  |  | (0.1) |
Balance, end of period |  |  |  |  | $ | 7.8 |  |  | $ | 3.0 |

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration