XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Financial Performance of Company's Reporting Segments








		Nine Months Ended September 30, 2018
		Brazil		Argentina		Mexico			Other Countries		Total
		(In thousands)
Net revenues		$                600,822		$                    285,763		$                     63,567			$                     61,482		$                1,011,634
Direct costs		(544,139)		(185,755)		(101,086)			(57,183)		(888,163)
Direct contribution (loss)		56,683		100,008		(37,519)			4,299		123,471

Operating expenses and indirect costs of net revenues											(192,135)
Loss from operations											(68,664)

Other income (expenses):
Interest income and other financial gains											27,746
Interest expense and other financial losses											(39,805)
Foreign currency gains											22,102
Net loss before income tax gain											$                    (58,621)













		Nine Months Ended September 30, 2017
		Brazil		Argentina		Mexico		Venezuela		Other Countries		Total
		(In thousands)
Net revenues		$                493,508		$                    250,692		$                     33,618		$             38,329		$                     42,332		$                  858,479
Direct costs		(314,196)		(150,973)		(70,977)		(16,841)		(34,932)		(587,919)
Impairment of Long-lived Assets		-		-		-		(2,837)		-		(2,837)
Direct contribution (loss)		179,312		99,719		(37,359)		18,651		7,400		267,723

Operating expenses and indirect costs of net revenues												(146,841)
Income from operations												120,882

Other income (expenses):
Interest income and other financial gains												37,020
Interest expense and other financial losses												(19,686)
Foreign currency losses												(19,475)
Net income before income tax expense												$                  118,741






								Three Months Ended September 30, 2018
								Brazil		Argentina		Mexico			Other Countries		Total
								(In thousands)
Net revenues								$                           220,828		$                         83,714		$                            28,962			$                           21,777		$                          355,281
Direct costs								(190,172)		(60,409)		(35,229)			(18,822)		(304,632)
Direct contribution (loss)								30,656		23,305		(6,267)			2,955		50,649

Operating expenses and indirect costs of net revenues																	(61,652)
Loss from operations																	(11,003)

Other income (expenses):
	Interest income and other financial gains																8,636
	Interest expense and other financial losses																(15,869)
	Foreign currency gains																3,924
Net loss before income tax gain																	$                          (14,312)







								Three Months Ended September 30, 2017
								Brazil		Argentina		Mexico		Venezuela		Other Countries		Total
								(In thousands)
Net revenues								$                           176,575		$                         91,308		$                            11,489		$              9,751		$                           15,798		$                          304,921
Direct costs								(129,958)		(56,210)		(24,923)		(4,582)		(12,684)		(228,357)
Direct contribution (loss)								46,617		35,098		(13,434)		5,169		3,114		76,564

Operating expenses and indirect costs of net revenues																		(49,022)
Income from operations																		27,542

Other income (expenses):
	Interest income and other financial gains																	14,200
	Interest expense and other financial losses																	(6,709)
	Foreign currency gains																	1,622
Net income before income tax expense																		$                            36,655



Allocation of Long-Lived Tangible Assets Based on Geography


		September 30,		December 31,
		2018		2017
		(In thousands)
US property and equipment, net		$                          3,667		$                          7,037
Other countries
Argentina		46,646		26,028
Brazil		70,394		68,796
Mexico		7,458		3,570
Other countries		10,252		9,406
		$                      134,750		$                      107,800
Total property and equipment, net		$                      138,417		$                      114,837



Allocation of Goodwill and Intangible Assets Based on Geography


		September 30,		December 31,
		2018		2017
		(In thousands)
US intangible assets		$                               58		$                             119
Other countries goodwill and intangible assets
Argentina		5,091		6,059
Brazil		31,879		36,462
Mexico		38,280		38,600
Chile		26,026		28,985
Other countries		6,035		5,228
		$                      107,311		$                      115,334
Total goodwill and intangible assets		$                      107,369		$                      115,453



Consolidated Net Revenues by Similar Products and Services







		Nine months Ended September 30,				Three months Ended September 30,

Consolidated Net Revenues		2018		2017		2018		2017
		(In thousands)				(In thousands)
Enhanced Marketplace (*)		$                      477,216		$                      539,079		$                      180,319		$                      181,140
Non-marketplace (**) (***)		534,418		319,400		174,962		123,781
Total		$                   1,011,634		$                      858,479		$                      355,281		$                      304,921



(*)   Includes Final Value Fees and Shipping fees.

(**)  Includes, among other things, Ad Sales, Classified Fees, Payment Fees and other ancillary services.

(***) Includes $432,603 thousands and $232,426 thousands of Payment Fees for the nine-month periods ended September 30, 2018 and 2017, respectively. Includes an amount of $143,925 thousands and $92,254 thousands of Payment Fees for the three-month periods ended September 30, 2018 and 2017, respectively.

X

- Definition

Entity wide disclosure on geographic areas goodwill and intangible assets.

+ References

No definition available.

+ Details

Name:	meli_EntityWideDisclosureOnGeographicAreasGoodwillAndIntangibleAssetsTableTextBlock
Namespace Prefix:	meli_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration