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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule Of Statutory Tax Rates

Statutory tax rates in the countries in which the Company operates for fiscal years 2015, 2014 and 2013 were as follows:

		2015		2014		2013
Puerto Rico		20%		20%		20%
Argentina, Martinique, French Guyana, Guadeloupe, St Croix, St. Thomas, Aruba and Curacao		35%		35%		35%
Brazil and Venezuela		34%		34%		34%
Colombia		39%		34%		34%
Peru		28%		30%		30%
Costa Rica and Mexico		30%		30%		30%
Panamá, Uruguay, Trinidad and Tobago and Netherlands		25%		25%		25%
Ecuador		25%		22%		22%
Chile		22.5%		21%		20%

Schedule Of Components Of Income Tax Expense

Income tax expense for fiscal years 2015, 2014 and 2013 consisted of the following:

		2015				2014				2013
Current income tax expense		$	31,873			$	25,060			$	33,609
Deferred income tax (benefit) expense		(9,057		)		7,419				9,113
Income tax expense		$	22,816			$	32,479			$	42,722

Schedule Of Components Of Income Tax Expense By Applying Weighted-Average Statutory Income Tax Rate

Income tax expense for fiscal years 2015, 2014 and 2013 differed from the amounts computed by applying the Company’s weighted-average statutory income tax rate to pre-tax (loss) income as a result of the following:

		2015				2014				2013
Pre-tax (loss) income		(28,553		)		(76,549		)		96,594
Weighted-average statutory income tax rate (i)		64.6		%		40.9		%		31.9		%
Income tax (benefit) expense at weighted-average statutory tax rate on pre-tax (loss) income		(18,445		)		(31,346		)		30,833
Permanent differences:
Change in valuation allowance		49,478				71,695				39,621
Non-deductible expenses		6,368				15,641				13,500
Tax benefits, including Brazil and other		(24,398		)		(39,389		)		(26,948		)
Differences including exchange rate and inflation adjustment		5,170				12,980				(14,938		)
Others		4,643				2,897				654
Income tax expense		$	22,816			$	32,479			$	42,722

(i) Weighted-average statutory income tax rate is calculated based on the aggregated amount of the income before taxes by country multiplied by the prevailing statutory income tax rate, divided by the consolidated income before taxes.

Schedule Of Deferred Tax Assets And Liabilities

The tax effects of temporary differences and carryforwards that comprise significant portions of deferred tax assets and liabilities at December 31, 2015 and 2014 are presented below:

		2015				2014
Tax loss carryforwards (i)		$	254,861			$	258,046
Purchase price allocation adjustment		37,549				57,786
Property and equipment, tax inflation		45,650				53,172
Other accrued payroll and other liabilities		13,891				14,328
Share-based compensation		3,570				5,266
Provision for contingencies		2,177				2,700
Other deferred tax assets (ii)		27,642				40,777
Other deferred tax liabilities (iii)		(9,618		)		(10,781		)
Property and equipment - difference in depreciation rates		(12,411		)		(32,850		)
Valuation allowance (iv)		(297,891		)		(301,012		)
Net deferred tax asset		$	65,420			$	87,432

(i) As of December 31, 2015, the Company and its subsidiaries has accumulated operating tax loss carryforwards amounting to $937,989. The Company has operating tax loss carryforwards amounting to $328,559, expiring between 2016 and 2020. In addition, the Company has operating tax loss carryforwards amounting to $190,238 expiring after 2020 and operating tax loss carryforwards amounting to $419,192 that do no expire.

(ii) Includes Venezuela’s foreign currency exchange differences amounting to $11,745 and $26,361 for the years ended December 31, 2015 and 2014, respectively.

(iii) Primarily related to intangible assets and foreign currency exchange differences.

(iv) In assessing the realization of deferred income tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized.

Summary of Income Tax Contingencies

The following table presents a reconciliation of the beginning and ending amounts of unrecognized tax benefits:

		2015				2014
Balances at beginning balance		$	221			$	1,697
Decrease for positions taken in prior years		(158		)		(1,476		)
Balances at ending balance		$	63			$	221

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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