XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1

Fair Value Measurement of Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Measurement of Assets and Liabilities [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis


				Quoted Prices in								Quoted Prices in
		Balances as of		active markets for		Significant other		Unobservable		Balances as of		active markets for		Significant other		Unobservable
		September 30,		identical Assets		observable inputs		inputs		December 31,		identical Assets		observable inputs		inputs
Description		2018		(Level 1)		(Level 2)		(Level 3)		2017		(Level 1)		(Level 2)		(Level 3)
		(In thousands)
Assets
Cash and Cash Equivalents:
Money Market Funds		$                          272,258		$                                     272,258		$                                       —		$                                   —		$                       85,337		$                                85,337		$                              —		$                            —
Restricted Cash and cash equivalents:
Money Market Funds		$                            49,151		49,151		—				—		—		—		—
Investments:
Sovereign Debt Securities		$                                 200		$                                            200		$                                       —		$                                   —		$                       15,896		$                                15,896		$                              —		$                            —
Corporate Debt Securities		294		289		5		—		24,313		15,512		8,801
Other Assets:
Derivative Instruments		$                              3,144		$                                              —		$                                  3,144		—		$                              —		$                                       —		$                              —		$                            —
Total Financial Assets		$                          325,047		$                                     321,898		$                                  3,149		$                                   —		$                     125,546		$                              116,745		$                         8,801
Liabilities:
Contingent considerations		$                              1,193		$                                              —		$                                       —		$                              1,193		$                              —		$                                       —		$                              —		$                            —
Long-term retention plan		44,167		—		44,167		—		43,227		—		43,227		—
Total Financial Liabilities		$                            45,360		$                                              —		$                                44,167		$                              1,193		$                       43,227		$                                       —		$                       43,227		$                            —



Fair Value of Financial Assets and Liabilities Measured at Amortized Cost







		Balances as of		Significant other		Balances as of		Significant other
		September 30,		observable inputs		December 31,		observable inputs
		2018		(Level 2)		2017		(Level 2)
		(In thousands)
Assets
Time Deposits		$                     66,980		$                             66,980		$                       202,820		$                   202,820
Accounts receivable		27,141		27,141		28,168		28,168
Credit Cards receivable		266,461		266,461		521,130		521,130
Loans receivable, net		90,827		90,827		73,409		73,409
Other assets		94,777		94,777		101,552		101,552
Total Assets		$                   546,186		$                           546,186		$                       927,079		$                   927,079
Liabilities
Accounts payable and accrued expenses		$                   230,999		$                           230,999		$                       221,095		$                   221,095
Funds payable to customers		525,089		525,089		583,107		583,107
Salaries and social security payable		36,594		36,594		46,828		46,828
Taxes payable		22,740		22,740		32,150		32,150
Dividends payable		—		—		6,624		6,624
Loans payable and other financial liabilities (*)		696,332		696,332		368,414		379,500
Other liabilities		27,163		27,163		22,144		22,144
Total Liabilities		$                1,538,917		$                        1,538,917		$                    1,280,362		$                1,291,448









(*) The fair value of the 2019 Notes and the 2028 Notes (including the equity component) are disclosed in Note 9.

Fair Value of Money Market Funds, Short and Long-Term Investments Classified as Available for Sale Securities







		September 30, 2018
		Cost		Gross Unrealized Gains (1)		Gross Unrealized Losses (1)		Estimated Fair Value

		(In thousands)
Cash and cash equivalents
Money Market Funds		$                       272,258		$                                 —		$                                —		$                              272,258
Total Cash and cash equivalents		$                       272,258		$                                 —		$                                —		$                              272,258

Restricted cash and cash equivalents
Money Market Funds		$                         49,151		$                                 —		$                                —		$                                49,151
Total Restricted cash and cash equivalents		$                         49,151		$                                 —		$                                —		$                                49,151

Short-term investments
Sovereign Debt Securities		12		—		—		12
Corporate Debt Securities		49		—		—		49
Total Short-term investments		$                                61		$                                 —		$                                —		$                                       61

Long-term investments
Sovereign Debt Securities		$                              190		$                                 —		$                                 (2)		$                                     188
Corporate Debt Securities		249		—		(4)		245
Total Long-term investments		$                              439		$                                 —		$                                 (6)		$                                     433


Total		$                       321,909		$                                 —		$                                 (6)		$                              321,903














	December 31, 2017
	Cost		Gross Unrealized Gains (1)		Gross Unrealized Losses (1)		Estimated Fair Value

	(In thousands)
Cash and cash equivalents
Money Market Funds	$                   85,337		$                      —		$                      —		$                   85,337
Total Cash and cash equivalents	$                   85,337		$                      —		$                      —		$                   85,337

Short-term investments
Sovereign Debt Securities	$                     2,235		$                      —		$                     (10)		$                     2,225
Corporate Debt Securities	4,396		—		(9)		4,387
Total Short-term investments	$                     6,631		$                      —		$                     (19)		$                     6,612

Long-term investments
Sovereign Debt Securities	$                   13,821		$                      —		$                   (150)		$                   13,671
Corporate Debt Securities	20,054		—		(128)		19,926
Total Long-term investments	$                   33,875		$                      —		$                   (278)		$                   33,597

Total	$                 125,843		$                      —		$                   (297)		$                 125,546



(1) Unrealized gains (losses) from securities are attributable to market price movements, net foreign exchange losses and foreign currency translation. Management does not believe any remaining significant unrealized losses represent other-than-temporary impairments based on the evaluation of available evidence including the credit rating of the investments, as of September 30, 2018 and December 31, 2017.



Estimated Fair Values of Cash Equivalents, Short-Term and Long-Term Investments, Effective Maturities


One year or less		$                    321,470
One year to two years		213
Two years to three years		191
Three years to four years		24
Four years to five years		5
Total		$                   321,903



X

- Definition

Available for sale securities debt maturities fair value.

+ References

No definition available.

+ Details

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

X

- Definition

Schedule of company's financial assets and liabilities.

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62557-112803

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27337-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27198-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563

+ Details

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

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

+ Details

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

X

- References

No definition available.

+ Details

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