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(Loss) Earnings Per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share
(Loss) earnings per share

The Company is required to present basic earnings per share and diluted earnings per share in accordance with ASC 260. Earnings per share are based on the weighted average number of shares outstanding during the period after consideration of the dilutive effect, if any, for common stock equivalents, including stock options and restricted share units. Basic earnings per common share are computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share are computed by dividing net income by the weighted average number of shares of common stock outstanding and dilutive securities outstanding during the period under the treasury method. 
 





The following table sets forth the computation of basic and diluted net (loss) income per common share attributable to Arcos Dorados Holdings Inc. for all years presented:
 
 
For the fiscal year ended December 31,
 
 
2015
 
2014
 
2013
Net (loss) income attributable to Arcos Dorados Holdings Inc. available to common shareholders
 
$
(51,633
)
 
$
(109,333
)
 
$
53,854

Weighted-average number of common shares outstanding - Basic
 
210,436,232

 
210,105,059

 
209,754,176

Incremental shares from assumed exercise of stock options (a)
 
—

 
—

 
—

Incremental shares from vesting of restricted share units
 
160,122

 
239,171

 
344,968

Weighted-average number of common shares outstanding - Diluted
 
210,596,354

 
210,344,230

 
210,099,144

 
 
 
 
 
 
 
Basic net (loss) income per common share attributable to Arcos Dorados Holdings Inc.
 
$
(0.25
)
 
$
(0.52
)
 
$
0.26

Diluted net (loss) income per common share attributable to Arcos Dorados Holdings Inc.
 
$
(0.25
)
 
$
(0.52
)
 
$
0.26


(a)
Options to purchase shares of common stock were outstanding during fiscal years 2015, 2014 and 2013. See Note 16 for details. These options were not included in the computation of diluted earnings per share because their inclusion would have been anti-dilutive.