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Net Income Per Share (Tables) | 6 Months Ended
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Jun. 30, 2013
Earnings Per Share [Abstract] |
Allocation of Net Income Available to Common Shareholders using Two-Class Method | The following table shows how net income available to common shareholders is allocated using the two-class method, for the three and six-month periods ended June 30, 2013 and 2012:
|  | Three Months Ended June 30, |
|  | 2013 |  |  | 2012 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Net income |  | $ | 30,021,018 |  |  | $ | 30,021,018 |  |  | $ | 25,394,824 |  |  | $ | 25,394,824 |
Net income attributable to noncontrolling interests |  |  | (42,377 | ) |  |  | (42,377 | ) |  |  | (15,632 | ) |  |  | (15,632 | )
Change in redeemable amount of noncontrolling interest |  |  | (349,911 | ) |  |  | (349,911 | ) |  |  | (179,098 | ) |  |  | (179,098 | )
Net income attributable to MercadoLibre, Inc. Shareholders corresponding to common stock |  | $ | 29,628,730 |  |  | $ | 29,628,730 |  |  | $ | 25,200,094 |  |  | $ | 25,200,094 |
|  | Six Months Ended June 30, |
|  | 2013 |  |  | 2012 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Net income |  | $ | 47,543,609 |  |  | $ | 47,543,609 |  |  | $ | 45,031,862 |  |  | $ | 45,031,862 |
Net income attributable to noncontrolling interests |  |  | (84,715 | ) |  |  | (84,715 | ) |  |  | (18,060 | ) |  |  | (18,060 | )
Change in redeemable amount of noncontrolling interest |  |  | (133,951 | ) |  |  | (133,951 | ) |  |  | 137,200 |  |  |  | 137,200 |
Net income attributable to MercadoLibre, Inc. Shareholders corresponding to common stock |  | $ | 47,324,943 |  |  | $ | 47,324,943 |  |  | $ | 45,151,002 |  |  | $ | 45,151,002 |
Net Income Per Share of Common Stock | Net income per share of common stock is as follows for the three and six-month periods ended June 30, 2013 and 2012:
|  | Three Months Ended June 30, |
|  | 2013 |  |  | 2012 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Net income attributable to MercadoLibre, Inc. Shareholders per common share |  | $ | 0.67 |  |  | $ | 0.67 |  |  | $ | 0.57 |  |  | $ | 0.57 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to MercadoLibre, Inc. Shareholders |  | $ | 29,628,730 |  |  | $ | 29,628,730 |  |  | $ | 25,200,094 |  |  | $ | 25,200,094 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average of common stock outstanding for Basic earnings per share |  |  | 44,152,933 |  |  |  | 44,152,933 |  |  |  | 44,147,999 |  |  |  | 44,147,999 |
Adjustment for stock options |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,134 |
Adjusted weighted average of common stock outstanding for Diluted earnings per share |  |  | 44,152,933 |  |  |  | 44,152,933 |  |  |  | 44,147,999 |  |  |  | 44,152,133 |
|  | Six Months Ended June 30, |
|  | 2013 |  |  | 2012 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Net income attributable to MercadoLibre, Inc. Shareholders per common share |  | $ | 1.07 |  |  | $ | 1.07 |  |  | $ | 1.02 |  |  | $ | 1.02 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to MercadoLibre, Inc. Shareholders |  | $ | 47,324,943 |  |  | $ | 47,324,943 |  |  | $ | 45,151,002 |  |  | $ | 45,151,002 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average of common stock outstanding for Basic earnings per share |  |  | 44,152,132 |  |  |  | 44,152,132 |  |  |  | 44,145,038 |  |  |  | 44,145,038 |
Adjustment for stock options |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,140 |
Adjusted weighted average of common stock outstanding for Diluted earnings per share |  |  | 44,152,132 |  |  |  | 44,152,132 |  |  |  | 44,145,038 |  |  |  | 44,149,178 |

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