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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
A rollforward of goodwill by reportable segment for the years ended December 31, 2024 and December 31, 2023, was as follows:
Fresh Fruit
Diversified Fresh Produce - EMEADiversified Fresh Produce - Americas & ROWTotal
(U.S. Dollars in thousands)
Balance as of December 31, 2022
$273,275 $135,625 $88,553 $497,453 
Additions— 9,926 — 9,926 
Foreign currency and other
— 5,725 208 5,933 
Balance as of December 31, 2023
273,275 151,276 88,761 513,312 
Acquisitions— 662 — 662 
Disposals— — (35,956)(35,956)
Impairment charge— — (36,684)(36,684)
Foreign exchange impact
— (11,030)(714)(11,744)
Balance as of December 31, 2024
$273,275 $140,908 $15,407 $429,590 
Schedule of Intangible Assets
Details of Dole’s intangible assets as of December 31, 2024 were as follows:
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
 (U.S. Dollars in thousands)
DOLE brand
$306,280 $— $306,280 
Water rights
4,051 — 4,051 
Supplier relationships
23,682 (20,172)3,510 
Customer relationships
109,775 (93,219)16,556 
Other
6,686 (5,565)1,121 
 $450,474 $(118,956)$331,518 
Details of Dole’s intangible assets as of December 31, 2023 were as follows:
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
 (U.S. Dollars in thousands)
DOLE brand
$306,280 $— $306,280 
Water rights
4,068 — 4,068 
Supplier relationships
28,485 (22,315)6,170 
Customer relationships
129,673 (103,118)26,555 
Other
13,426 (8,987)4,439 
 $481,932 $(134,420)$347,512 
A rollforward of intangible assets, excluding goodwill, for the years ended December 31, 2024 and December 31, 2023 was as follows:
Amount
(U.S. Dollars in thousands)
Balance as of December 31, 2022
$357,270 
Additions
20 
Amortization(10,198)
Foreign exchange impact and other
420 
Balance as of December 31, 2023
347,512 
Additions
414 
Disposals
(8,047)
Amortization(7,556)
Foreign exchange impact and other
(805)
Balance as of December 31, 2024
$331,518 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2024, the estimated amortization expense associated with Dole’s intangible assets for each of the next five fiscal years was as follows:
Amount
(U.S. Dollars in thousands)
2025$5,919 
20265,401 
20274,120 
20283,883 
20291,505 
Thereafter359 
Total
$21,187