XML 40 R23.htm IDEA: XBRL DOCUMENT
v3.3.1.900

FOREIGN CURRENCY TRANSLATION | 12 Months Ended
--- | ---
Dec. 31, 2015
FOREIGN CURRENCY TRANSLATION |
14. | FOREIGN CURRENCY TRANSLATION
The accumulated other comprehensive loss account in stockholders’ equity of $144,772 and $271,686 at December 31, 2014 and 2015, respectively, includes the cumulative foreign currency losses of $147,930 and $273,404, respectively, from translating the financial statements of the Company’s international subsidiaries, the change in fair values of the Company’s interest rate swap agreements that are designated as hedges and the change in fair value of the Company’s available-for-sale securities. All foreign countries where the Company has operations are non-highly inflationary and the local currency is the same as the functional currency in all of the locations. Thus, any fluctuation in the currency results in a cumulative foreign currency translation adjustment recorded to accumulated other comprehensive loss. Below is a summary of the impact of translating the financial statements of the Company’s international subsidiaries as of and for the years ended December 31, 2013, 2014 and 2015.
|  |  |  |  |  |  |  |  |  |  | Other Comprehensive |
Country |  | Exchange Rates as of December 31, |  |  | Income (Loss) For Year Ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |  |  | 2013 |  |  | 2014 |  |  | 2015 |
Brazil |  |  | 2.36 |  |  |  | 2.69 |  |  |  | 3.96 |  |  | $ | (34,451 | ) |  | $ | (30,723 | ) |  | $ | (74,559 | )
Argentina |  |  | 6.52 |  |  |  | 8.55 |  |  |  | 12.95 |  |  |  | (24,845 | ) |  |  | (20,197 | ) |  |  | (30,520 | )
Colombia |  |  | 1,926.83 |  |  |  | 2,392.46 |  |  |  | 3,149.47 |  |  |  | (2,969 | ) |  |  | (7,632 | ) |  |  | (8,043 | )
Chile |  |  | 525.5 |  |  |  | 606.2 |  |  |  | 709.16 |  |  |  | (3,570 | ) |  |  | (5,580 | ) |  |  | (6,572 | )
Peru |  |  | 2.84 |  |  |  | 3.05 |  |  |  | 3.46 |  |  |  | (3,685 | ) |  |  | (2,785 | ) |  |  | (4,882 | )
All other |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (185 | ) |  |  | (2,066 | ) |  |  | (898 | )
Sale of Mexico subsidiary |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 22,088 |  |  |  | — |  |  |  | — |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (47,617 | ) |  | $ | (68,983 | ) |  | $ | (125,474 | )
During November 2013, the Company completed the sale of certain of its Mexico subsidiaries. As a result of this sale, the accumulated other comprehensive loss previously unrealized for these Mexico subsidiaries of $22,088 was recognized by the Company as part of the gain on sale. See Note 5 for additional information.

X
- Definition The entire disclosure for foreign currency transactions and translation. This may include description of foreign currency transactions, foreign currency gains and losses, explanation of change in cumulative translation adjustment, description of effect of subsequent foreign currency exchange rate change, cumulative translation adjustment movement, foreign currency translation adjustment by component movement, translation adjustment for net investment hedge movement, adjustment for long-term intercompany transactions, schedule of long-term intercompany balances and any other foreign currency transactions and translation related items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30690-110894 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32211-110900 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32618-110901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450222&loc=d3e30857-110895 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450222&loc=d3e30840-110895 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32157-110900 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30700-110894 + Details
Name: | us-gaap_ForeignCurrencyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration