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INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Tables)
 12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule Of Equity Method Investments
Summarized aggregated financial information for all other equity method investments for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 and as of December 31, 2024 and December 31, 2023 are as follows in the tables below. Unless stated otherwise, the information reflects the amounts reported in the financial statements of the investment entities rather than the share attributable to the Company.
Year Ended
December 31, 2024
December 31, 2023December 31, 2022
Summary Statements of Operations:(U.S. Dollars in thousands)
Revenue, net$1,977,013 $1,872,916 $1,720,489 
Cost of sales(1,840,701)(1,743,920)(1,614,293)
Other activity(105,718)(103,921)(88,759)
Net income $30,594 $25,075 $17,437 
Net income attributable to Dole plc$16,187 $14,721 $7,270 
December 31, 2024December 31, 2023
Summary Balance Sheets:(U.S. Dollars in thousands)
Current assets$435,733 $398,628 
Non-current assets290,138 315,862 
Current liabilities(338,855)(295,022)
Non-current liabilities(118,954)(148,892)
Noncontrolling interest(1,945)(1,616)
Net assets$266,117 $268,960 
Dole plc share of net assets104,670 100,263 
Goodwill21,504 28,043 
Carrying amount of investments$126,174 $128,306 
The following table presents sales to and purchases from other investments in unconsolidated affiliates for the years ended December 31, 2024, December 31, 2023 and December 31, 2022:
Year Ended
December 31, 2024December 31, 2023December 31, 2022
(U.S. Dollars in thousands)
Sales$126,396 $127,642 $121,092 
Purchases175,661 166,676 161,841 
The following tables presents amounts due from and to investments in unconsolidated affiliates as of December 31, 2024 and December 31, 2023:
December 31, 2024December 31, 2023
(U.S. Dollars in thousands)
Amounts due from investments in unconsolidated affiliates presented within trade receivables$26,053 $25,066 
Amounts due from investments in unconsolidated affiliates presented within other receivables2,374 4,138 
Amounts due to investments in unconsolidated affiliates presented within accounts payable(9,788)(10,514)
Amounts due from investments in unconsolidated affiliates presented within other assets8,132 9,220 
The following table provides a reconciliation of equity method earnings in the consolidated statements of operations for the years ended December 31, 2024, December 31, 2023 and December 31, 2022:
Year Ended
December 31, 2024
December 31, 2023December 31, 2022
(U.S. Dollars in thousands)
Share of equity method earnings, net of investee tax16,187 14,721 7,270 
Impairment of equity method investment(7,158)
Loss on step-up acquisition of equity method investments(196)— — 
(Loss) gain on disposal of equity method investments(525)470 (544)
Equity method earnings$8,308 $15,191 $6,726 
Schedule of Investments in Unconsolidated Affiliates
A rollforward of the carrying amount of Dole’s investments in unconsolidated affiliates as of December 31, 2024 and December 31, 2023 was as follows:
Amount
(U.S. Dollars in thousands)
Carrying amount as of December 31, 2022
$124,234 
Share of income after investee tax
14,721 
Additions532 
Subsidiary becoming equity method investment(84)
Disposals(1,046)
Dividends received from investments(9,388)
Foreign exchange impact and other2,735 
Carrying amount as of December 31, 2023
131,704 
Share of income after investee tax
16,187 
Impairment of equity method investments(7,158)
Additions1,769 
Equity method investment becoming subsidiary(925)
Disposals(985)
Dividends received from investments(7,049)
Foreign exchange impact and other(4,221)
Carrying amount as of December 31, 2024
$129,322