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Business Segment Data | 9 Months Ended
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Sep. 29, 2023
Segment Reporting [Abstract] |
Business Segment Data | Business Segment Data Our business is comprised of three reportable segments, two of which represent our primary businesses of fresh and value-added products and banana, and one that represents our other ancillary businesses. •Fresh and value-added products - includes pineapples, fresh-cut fruit, fresh-cut vegetables (which includes fresh-cut salads), melons, vegetables, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, and prepared foods (including prepared fruit and vegetables, juices, other beverages, and meals and snacks). •Banana •Other products and services - includes our third-party freight and logistic services business and our Jordanian poultry and meats business. 12. Business Segment Data (continued) We evaluate performance based on several factors, of which net sales and gross profit are the primary financial measures (U.S. dollars in millions):
| Quarter ended |
| September 29, 2023 |  | September 30, 2022 |
Segments: | Net Sales |  | Gross Profit |  | Net Sales |  | Gross Profit |
Fresh and value-added products | $ | 574.0 |  |  | $ | 36.2 |  |  | $ | 599.8 |  |  | $ | 55.1 |  |
Banana | 384.7 |  |  | 31.9 |  |  | 388.4 |  |  | 22.6 |  |
Other products and services | 44.4 |  |  | 6.3 |  |  | 65.3 |  |  | 10.3 |  |
Totals | $ | 1,003.1 |  |  | $ | 74.4 |  |  | $ | 1,053.5 |  |  | $ | 88.0 |  |
| Nine months ended |
| September 29, 2023 |  | September 30, 2022 |
Segments: | Net Sales |  | Gross Profit |  | Net Sales |  | Gross Profit |
Fresh and value-added products | $ | 1,895.0 |  |  | $ | 145.3 |  |  | $ | 2,004.9 |  |  | $ | 148.9 |  |
Banana | 1,258.6 |  |  | 125.7 |  |  | 1,216.1 |  |  | 82.6 |  |
Other products and services | 158.5 |  |  | 17.2 |  |  | 181.4 |  |  | 27.0 |  |
Totals | $ | 3,312.1 |  |  | $ | 288.2 |  |  | $ | 3,402.4 |  |  | $ | 258.5 |  |
The following table indicates our net sales by geographic region (U.S. dollars in millions):
| Quarter ended |  | Nine months ended
Net sales by geographic region: | September 29, 2023 |  | September 30, 2022 |  | September 29, 2023 |  | September 30, 2022
North America | $ | 615.7 |  |  | $ | 658.7 |  |  | $ | 1,987.1 |  |  | $ | 2,093.1 |
Europe | 181.8 |  |  | 169.9 |  |  | 622.9 |  |  | 570.8 |
Asia | 101.2 |  |  | 105.8 |  |  | 345.5 |  |  | 353.4 |
Middle East | 87.4 |  |  | 102.9 |  |  | 289.7 |  |  | 317.6 |
Other | 17.0 |  |  | 16.2 |  |  | 66.9 |  |  | 67.5 |
Totals | $ | 1,003.1 |  |  | $ | 1,053.5 |  |  | $ | 3,312.1 |  |  | $ | 3,402.4 |
12. Business Segment Data (continued) The following table indicates our net sales by product (U.S. dollars in millions) and, in each case, the percentage of the total represented thereby:
| Quarter ended |  | Nine months ended
| September 29, 2023 |  | September 30, 2022 |  | September 29, 2023 |  | September 30, 2022
Fresh and value-added products: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fresh-cut fruit | $ | 141.4 |  |  | 14 | % |  | $ | 140.5 |  |  | 14 | % |  | $ | 419.0 |  |  | 13 | % |  | $ | 407.9 |  |  | 11 | %
Fresh-cut vegetables | 83.7 |  |  | 8 | % |  | 86.4 |  |  | 8 | % |  | 248.1 |  |  | 7 | % |  | 259.5 |  |  | 8 | %
Pineapples | 137.5 |  |  | 14 | % |  | 147.2 |  |  | 14 | % |  | 459.9 |  |  | 14 | % |  | 445.0 |  |  | 13 | %
Avocados | 73.4 |  |  | 7 | % |  | 63.8 |  |  | 6 | % |  | 212.8 |  |  | 6 | % |  | 261.4 |  |  | 8 | %
Non-tropical fruit | 23.4 |  |  | 2 | % |  | 28.4 |  |  | 3 | % |  | 126.1 |  |  | 4 | % |  | 155.9 |  |  | 5 | %
Prepared foods | 61.6 |  |  | 6 | % |  | 69.2 |  |  | 7 | % |  | 197.7 |  |  | 6 | % |  | 217.8 |  |  | 6 | %
Melons | 4.2 |  |  | — | % |  | 5.0 |  |  | — | % |  | 77.8 |  |  | 2 | % |  | 74.5 |  |  | 2 | %
Tomatoes | 4.3 |  |  | 1 | % |  | 4.4 |  |  | — | % |  | 15.0 |  |  | — | % |  | 17.4 |  |  | 1 | %
Vegetables | 29.4 |  |  | 3 | % |  | 32.2 |  |  | 3 | % |  | 87.9 |  |  | 3 | % |  | 97.7 |  |  | 3 | %
Other fruit and vegetables | 15.1 |  |  | 2 | % |  | 22.7 |  |  | 2 | % |  | 50.7 |  |  | 2 | % |  | 67.8 |  |  | 2 | %
Total fresh and value-added products | 574.0 |  |  | 57 | % |  | 599.8 |  |  | 57 | % |  | 1,895.0 |  |  | 57 | % |  | 2,004.9 |  |  | 59 | %
Banana | 384.7 |  |  | 38 | % |  | 388.4 |  |  | 37 | % |  | 1,258.6 |  |  | 38 | % |  | 1,216.1 |  |  | 36 | %
Other products and services | 44.4 |  |  | 5 | % |  | 65.3 |  |  | 6 | % |  | 158.5 |  |  | 5 | % |  | 181.4 |  |  | 5 | %
Totals | $ | 1,003.1 |  |  | 100 | % |  | $ | 1,053.5 |  |  | 100 | % |  | $ | 3,312.1 |  |  | 100 | % |  | $ | 3,402.4 |  |  | 100 | %

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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