XML 64 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income per Share (Tables)
 3 Months Ended
Mar. 31, 2012
Net Income per Share [Abstract]  
Allocation of net income available to common shareholders using the two-class method
                                 
    Three Months Ended March 31,  
    2012     2011  
    Basic     Diluted     Basic     Diluted  

Net income

   $ 19,637,038     $ 19,637,038     $ 14,057,634     $ 14,057,634  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Noncontrolling interests

     (2,428 )      (2,428 )      —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Change in redeemable amount of noncontrolling interest

     316,298       316,298       —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to MercadoLibre, Inc.corresponding to common stock

   $ 19,950,908     $ 19,950,908     $ 14,057,634     $ 14,057,634  
   

 

 

    

 

 

    

 

 

    

 

 

  
Net income per share of common stock
                                 
    Three Months Ended March 31,  
    2012     2011  
    Basic     Diluted     Basic     Diluted  

Net income attributable to MercadoLibre, Inc. per common share

   $ 0.45     $ 0.45     $ 0.32     $ 0.32  
   

 

 

    

 

 

    

 

 

    

 

 

  

Numerator:

                                

Net income attributable to MercadoLibre, Inc.

   $ 19,950,908     $ 19,950,908     $ 14,057,634     $ 14,057,634  
   

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

                                

Weighted average of common stock outstanding for Basic earnings per share

     44,142,076       44,142,076       44,131,383       44,131,383  

Adjustment for stock options

     —         5,720       —         11,474  

Adjustment for shares granted under LTRP

     —         —         —         4,810  
   

 

 

    

 

 

    

 

 

    

 

 

  

Adjusted weighted average of common stock outstanding for Diluted earnings per share

     44,142,076       44,147,796       44,131,383       44,147,667