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Segments (Tables) | 3 Months Ended
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Mar. 31, 2012
Segments [Abstract] |
Financial performance of the Company's reporting segments |
|  | Three Months Ended March 31, 2012 |
|  | Brazil |  |  | Argentina |  |  | Mexico |  |  | Venezuela |  |  | Other Countries |  |  | Total |
Net revenues |  | $ | 42,164,654 |  |  | $ | 18,116,469 |  |  | $ | 6,583,865 |  |  | $ | 11,241,572 |  |  | $ | 5,629,446 |  |  | $ | 83,736,006 |
Direct costs |  |  | (25,743,214 | ) |  |  | (8,122,935 | ) |  |  | (3,646,637 | ) |  |  | (4,847,335 | ) |  |  | (2,815,667 | ) |  |  | (45,175,788 | )
Direct contribution |  |  | 16,421,440 |  |  |  | 9,993,534 |  |  |  | 2,937,228 |  |  |  | 6,394,237 |  |  |  | 2,813,779 |  |  |  | 38,560,218 |
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (13,629,474 | )
Income from operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 24,930,744 |
Other income (expenses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,088,560 |
Interest expense and other financial results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (77,317 | )
Foreign currency loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,032,978 | )
Other losses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4,252 | )
Net income before income / asset tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 26,904,757 |
|  | Three Months Ended March 31, 2011 |
|  | Brazil |  |  | Argentina |  |  | Mexico |  |  | Venezuela |  |  | Other Countries |  |  | Total |
Net revenues |  | $ | 34,723,195 |  |  | $ | 10,579,932 |  |  | $ | 5,234,333 |  |  | $ | 6,770,453 |  |  | $ | 4,151,755 |  |  | $ | 61,459,668 |
Direct costs |  |  | (20,075,608 | ) |  |  | (4,427,098 | ) |  |  | (2,716,359 | ) |  |  | (3,069,739 | ) |  |  | (2,100,316 | ) |  |  | (32,389,120 | )
Direct contribution |  |  | 14,647,587 |  |  |  | 6,152,834 |  |  |  | 2,517,974 |  |  |  | 3,700,714 |  |  |  | 2,051,439 |  |  |  | 29,070,548 |
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9,779,392 | )
Income from operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 19,291,156 |
Other income (expenses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,873,768 |
Interest expense and other financial results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (628,950 | )
Foreign currency loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (500,655 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 20,344 |
Net income before income / asset tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 20,055,663 |
Allocation of the long-lived tangible assets based on geography |
|  | March 31, |  |  | December 31, |
|  | 2012 |  |  | 2011 |
US long-lived tangible assets |  | $ | 7,158,884 |  |  | $ | 5,976,544 |
Other countries long-lived tangible assets |  |  |  |  |  |  |  |
Argentina |  |  | 14,435,776 |  |  |  | 14,316,612 |
Brazil |  |  | 2,364,730 |  |  |  | 2,528,378 |
Mexico |  |  | 430,039 |  |  |  | 409,707 |
Venezuela (*) |  |  | 7,870,266 |  |  |  | 7,192,073 |
Other countries |  |  | 857,360 |  |  |  | 454,405 |
|  | $ | 25,958,171 |  |  | $ | 24,901,175 |
Total long-lived tangible assets |  | $ | 33,117,055 |  |  | $ | 30,877,719 |
(*) | On June 2, 2011, the Company’s Venezuelan subsidiary acquired an office property of 992 square meters in a building located in Caracas, Venezuela. The purchase price of $6,626,433 million was paid in cash.
Allocation of the goodwill and intangible assets based on geography |
|  | March 31, |  |  | December 31, |
|  | 2012 |  |  | 2011 |
US intangible assets |  | $ | 28,882 |  |  | $ | — |
Other countries goodwill and intangible assets |  |  |  |  |  |  |  |
Argentina |  |  | 21,835,253 |  |  |  | 22,407,558 |
Brazil |  |  | 12,035,958 |  |  |  | 11,686,315 |
Mexico |  |  | 14,908,278 |  |  |  | 13,709,353 |
Venezuela |  |  | 6,595,222 |  |  |  | 6,599,584 |
Other countries |  |  | 15,158,681 |  |  |  | 14,185,995 |
|  | $ | 70,533,392 |  |  | $ | 68,588,805 |
Total goodwill and intangible assets |  | $ | 70,562,274 |  |  | $ | 68,588,805 |

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