XML 48 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
Net revenues $ 115,382,319 $ 102,725,747
Cost of net revenues (31,539,665) (28,649,167)
Gross profit 83,842,654 74,076,580
Operating expenses:    
Product and technology development (12,257,198) (9,382,389)
Sales and marketing (22,351,958) (22,337,937)
General and administrative (15,232,411) (13,785,070)
Total operating expenses (49,841,567) (45,505,396)
Income from operations 34,001,087 28,571,184
Other income (expenses):    
Interest income and other financial gains 3,035,630 3,394,006
Interest expense and other financial losses (1,027,180) (360,352)
Foreign currency gains (losses) 3,093,471 (6,249,714)
Other losses, net   (3,733)
Net income before income / asset tax expense 39,103,008 25,351,391
Income / asset tax expense (8,775,055) (7,828,800)
Net income 30,327,953 17,522,591
Less: Net Income attributable to Redeemable Noncontrolling Interest 63,980 42,338
Net income attributable to MercadoLibre, Inc. shareholders $ 30,263,973 $ 17,480,253
Basic EPS    
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share $ 0.69 $ 0.40
Weighted average of outstanding common shares 44,153,818 44,151,323
Diluted EPS    
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share $ 0.69 $ 0.40
Weighted average of outstanding common shares 44,153,818 44,151,357