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FOREIGN CURRENCY TRANSLATION (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Impact of Translating Financial Statements of Company's International Subsidiaries

Below is a summary of the impact of translating the financial statements of the Company’s international subsidiaries for the periods presented.

 

 

 

 

 

 

 

 

 

Other Comprehensive

 

 

 

 

 

 

 

 

 

 

Income (Loss)

 

 

 

Exchange Rate as of December 31,

 

 

Year Ended December 31,

 

Country

 

2020

 

2021

 

2022

 

 

2020

 

 

2021

 

 

2022

 

Brazil

 

 

5.20

 

 

5.57

 

 

5.29

 

 

$

(42.7

)

 

$

(4.7

)

 

$

2.7

 

Colombia

 

 

3,432.50

 

 

3,981.16

 

 

4,810.19

 

 

 

(2.2

)

 

 

(0.1

)

 

 

—

 

Chile

 

 

714.14

 

 

852.02

 

 

852.00

 

 

 

1.2

 

 

 

(10.9

)

 

 

0.3

 

Peru

 

 

3.65

 

 

4.02

 

 

3.81

 

 

 

(3.4

)

 

 

(2.8

)

 

 

1.3

 

All other

 

 

 

 

 

 

 

 

 

(0.5

)

 

 

(0.3

)

 

 

0.3

 

 

 

 

 

 

 

 

 

 

$

(47.6

)

 

$

(18.8

)

 

$

4.6

 

As noted above, beginning July 1, 2018, Argentina was deemed highly inflationary. The impact of translating Argentina’s financial results to U.S. dollars, subsequent to June 30, 2018, has been recorded in foreign currency exchange gain (loss) on the Company’s consolidated statements of loss. A foreign currency exchange gain of $1.2, $0.2, and $8.5 was recorded for the years ended December 31, 2020, 2021 and 2022, respectively.