In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
Revenues: |
Global Ingredients | | | | 10.3 | 104.4 | 556.2 | 558.8 | |
Plant-Based Foods and Beverages | 557.7 | 470.8 | 415.2 | 361.4 | 314.1 | 342.7 | | |
Fruit Based Foods and Beverages | | | | | 365.5 | 380.7 | | |
Other | 376.9 | 341.9 | 374.0 | 349.9 | | | 787.9 | |
Total revenues | 934.7 | 812.6 | 789.2 | 721.6 | 784.0 | 1,279.6 | 1,346.7 | 1,145.1 |
Revenue growth [+] | 15.0% | 3.0% | 9.4% | -8.0% | -38.7% | -5.0% | 17.6% | 3.8% |
Global Ingredients | | | | -90.1% | -81.2% | -0.5% | | |
Plant-Based Foods and Beverages | 18.5% | 13.4% | 14.9% | 15.1% | -8.4% | | | |
Fruit Based Foods and Beverages | | | | | -4.0% | | | |
Cost of goods sold | 811.8 | 714.9 | 680.1 | 656.1 | 713.4 | 1,134.5 | 1,220.8 | 1,034.8 |
Gross profit | 122.9 | 97.7 | 109.1 | 65.5 | 70.5 | 145.1 | 126.0 | 110.4 |
Gross margin | 13.1% | 12.0% | 13.8% | 9.1% | 9.0% | 11.3% | 9.4% | 9.6% |
Selling, general and administrative | 89.3 | 76.6 | 89.5 | 80.6 | 82.5 | 127.5 | 98.7 | 85.8 |
Other operating expenses | 19.5 | 9.7 | 21.9 | -41.4 | 5.7 | 29.2 | 40.9 | |
EBITDA [+] | 41.4 | 36.1 | 19.0 | 46.4 | 1.3 | 10.0 | 20.5 | 30.7 |
EBITDA growth | 14.8% | 89.5% | -59.0% | 3353.3% | -86.6% | -51.3% | -33.1% | -50.8% |
EBITDA margin | 4.4% | 4.4% | 2.4% | 6.4% | 0.2% | 0.8% | 1.5% | 2.7% |
Depreciation and amortization | 27.4 | 24.7 | 21.4 | 20.2 | 19.0 | 21.6 | 22.9 | 16.1 |
EBITA | 14.0 | 11.4 | -2.3 | 26.3 | -17.7 | -11.6 | -2.3 | 14.7 |
EBITA margin | 1.5% | 1.4% | -0.3% | 3.6% | -2.3% | -0.9% | -0.2% | 1.3% |
Amortization of intangibles | 10.3 | 10.0 | 8.9 | 9.1 | 9.2 | 11.2 | 11.3 | 5.0 |
EBIT [+] | 3.7 | 1.4 | -11.3 | 17.2 | -26.8 | -22.8 | -13.6 | 9.7 |
EBIT growth | 162.1% | -112.7% | -165.6% | -164.1% | 17.5% | 67.7% | -240.2% | -79.2% |
EBIT margin | 0.4% | 0.2% | -1.4% | 2.4% | -3.4% | -1.8% | -1.0% | 0.8% |
Non-recurring items [+] | 0.9 | 0.3 | -0.2 | 0.6 | 81.1 | 115.1 | 17.5 | 0.6 |
Asset impairment | | | | | 81.2 | 115.0 | 17.5 | |
Interest expense, net [+] | 14.4 | 8.5 | 29.2 | 31.9 | 32.8 | 32.4 | 28.5 | 10.5 |
Interest expense | 14.7 | 8.8 | 30.0 | 32.8 | 33.1 | 32.5 | 28.7 | 10.5 |
Interest income | 0.3 | 0.3 | 0.9 | 0.9 | 0.3 | 0.1 | 0.1 | |
Other income (expense), net [+] | -0.3 | -0.3 | -9.8 | -0.9 | -0.3 | -0.1 | -14.7 | -5.2 |
Gain (loss) on debt retirement | | | -8.9 | | | | | |
Gain (loss) on foreign currency transactions | -1.7 | 1.1 | -1.6 | -0.2 | 0.3 | 5.6 | 1.2 | -1.6 |
Pre-tax income | -11.9 | -7.6 | -50.0 | -16.2 | -141.0 | -170.4 | -74.4 | -6.5 |
Income taxes | -2.3 | -6.4 | -7.7 | -3.1 | -13.6 | -35.8 | -23.8 | -3.4 |
Tax rate | 19.7% | 84.6% | 15.3% | 19.2% | 9.6% | 21.0% | 32.0% | 52.0% |
Minority interest | | | | | | 0.8 | 0.1 | -0.1 |
Earnings from continuing ops | -12.6 | -5.4 | -52.7 | -21.1 | -135.4 | -143.1 | -52.2 | 5.8 |
Earnings from discontinued ops | 4.7 | | 124.8 | 12.3 | 18.3 | | -0.8 | -28.3 |
Net income | -8.0 | -5.4 | 72.1 | -8.8 | -117.1 | -143.1 | -53.0 | -22.5 |
Net margin | -0.9% | -0.7% | 9.1% | -1.2% | -14.9% | -11.2% | -3.9% | -2.0% |
|
Basic EPS [+] | ($0.12) | ($0.05) | ($0.59) | ($0.24) | ($1.55) | ($1.66) | ($0.61) | $0.08 |
Growth | 127.4% | -91.3% | 145.8% | -84.5% | -6.2% | 171.9% | -858.1% | -87.7% |
Diluted EPS [+] | ($0.12) | ($0.05) | ($0.59) | ($0.24) | ($1.55) | ($1.66) | ($0.61) | $0.08 |
Growth | 127.4% | -91.3% | 145.8% | -84.5% | -6.2% | 171.9% | -858.1% | -87.4% |
|
Dividends per share [+] | | | | | | $0.08 | | |
Growth | | | | | -100.0% | | | |
|
Shares outstanding (basic) [+] | 107.7 | 104.1 | 89.2 | 87.8 | 87.1 | 86.4 | 85.6 | 72.4 |
Growth | 3.4% | 16.7% | 1.6% | 0.8% | 0.8% | 0.9% | 18.2% | 8.3% |
Shares outstanding (diluted) [+] | 107.7 | 104.1 | 89.2 | 87.8 | 87.1 | 86.4 | 85.6 | 72.4 |
Growth | 3.4% | 16.7% | 1.6% | 0.8% | 0.8% | 0.9% | 18.2% | 5.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |