XML 79 R55.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Segment and Geographic Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Profit Or Loss And Assets For Reportable Segment | The following table presents information about profit or loss and assets for each reportable segment:
|  | For the fiscal years ended December 31,
|  | 2016 |  | 2015 |  | 2014
Revenues: |  |  |  |  |  |
Brazil |  | $ | 1,333,237 |  |  | $ | 1,361,989 |  |  | $ | 1,816,046 |
Caribbean division |  | 409,671 |  |  | 398,144 |  |  | 594,220 |
NOLAD |  | 363,965 |  |  | 367,364 |  |  | 385,114 |
SLAD |  | 821,757 |  |  | 925,243 |  |  | 855,685 |
Total revenues |  | $ | 2,928,630 |  |  | $ | 3,052,740 |  |  | $ | 3,651,065 |
Adjusted EBITDA: |  |  |  |  |  |
Brazil |  | $ | 168,076 |  |  | $ | 174,102 |  |  | $ | 220,711 |
Caribbean division |  | 18,049 |  |  | 2,059 |  |  | (11,284 | )
NOLAD |  | 36,288 |  |  | 31,424 |  |  | 25,035 |
SLAD |  | 76,327 |  |  | 100,718 |  |  | 82,859 |
Total reportable segments |  | 298,740 |  |  | 308,303 |  |  | 317,321 |
Corporate and others (i) |  | (60,295 | ) |  | (78,132 | ) |  | (65,647 | )
Total adjusted EBITDA |  | $ | 238,445 |  |  | $ | 230,171 |  |  | $ | 251,674 |
|  | For the fiscal years ended December 31,
|  | 2016 |  | 2015 |  | 2014
Adjusted EBITDA reconciliation: |  |  |  |  |  |
Total Adjusted EBITDA |  | $ | 238,445 |  |  | $ | 230,171 |  |  | $ | 251,674 |
(Less) Plus items excluded from computation that affect operating income: |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | (92,969 | ) |  | (110,715 | ) |  | (116,811 | )
Gains from sale or insurance recovery of property and equipment |  | 57,244 |  |  | 12,308 |  |  | 3,379 |
Write-offs and related contingencies of property and equipment |  | (5,776 | ) |  | (6,038 | ) |  | (7,111 | )
Impairment of long-lived assets |  | (7,697 | ) |  | (12,343 | ) |  | (50,886 | )
Impairment of goodwill |  | (5,045 | ) |  | (679 | ) |  | (2,029 | )
Stock-based compensation related to the special awards in connection with the initial public offering under the 2011 Plan |  | — |  |  | (210 | ) |  | (2,503 | )
Reorganization and optimization plan expenses |  | (5,341 | ) |  | (18,346 | ) |  | (4,707 | )
ADBV Long-Term Incentive Plan incremental compensation from modification |  | (281 | ) |  | (741 | ) |  | (149 | )
Operating income |  | 178,580 |  |  | 93,407 |  |  | 70,857 |
(Less) Plus: |  |  |  |  |  |  |  |  |
Net interest expense |  | (66,880 | ) |  | (64,407 | ) |  | (72,750 | )
Loss from derivative instruments |  | (3,065 | ) |  | (2,894 | ) |  | (685 | )
Foreign currency exchange results |  | 32,354 |  |  | (54,032 | ) |  | (74,117 | )
Other non-operating (expenses) income, net |  | (2,360 | ) |  | (627 | ) |  | 146 |
Income tax expense |  | (59,641 | ) |  | (22,816 | ) |  | (32,479 | )
Net income attributable to non-controlling interests |  | (178 | ) |  | (264 | ) |  | (305 | )
Net income (loss) attributable to Arcos Dorados Holdings Inc. |  | $ | 78,810 |  |  | $ | (51,633 | ) |  | $ | (109,333 | )
|  | For the fiscal years ended December 31,
|  | 2016 |  | 2015 |  | 2014
Depreciation and amortization: |  |  |  |  |  |
Brazil |  | $ | 43,733 |  |  | $ | 48,849 |  |  | $ | 60,261 |
Caribbean division |  | 27,376 |  |  | 30,998 |  |  | 29,142 |
NOLAD |  | 21,975 |  |  | 25,733 |  |  | 28,565 |
SLAD |  | 14,477 |  |  | 19,340 |  |  | 19,989 |
Total reportable segments |  | 107,561 |  |  | 124,920 |  |  | 137,957 |
Corporate and others (i) |  | 5,478 |  |  | 8,068 |  |  | 8,202 |
Purchase price allocation (ii) |  | (20,070 | ) |  | (22,273 | ) |  | (29,348 | )
Total depreciation and amortization |  | $ | 92,969 |  |  | $ | 110,715 |  |  | $ | 116,811 |
Property and equipment expenditures: |  |  |  |  |  |
Brazil |  | $ | 42,657 |  |  | $ | 40,482 |  |  | $ | 100,455 |
Caribbean division |  | 14,387 |  |  | 11,756 |  |  | 18,717 |
NOLAD |  | 10,117 |  |  | 14,623 |  |  | 23,680 |
SLAD |  | 24,967 |  |  | 23,623 |  |  | 25,423 |
Others |  | 154 |  |  | 480 |  |  | 1,538 |
Total property and equipment expenditures |  | $ | 92,282 |  |  | $ | 90,964 |  |  | $ | 169,813 |
|  | As of December 31,
|  | 2016 |  | 2015
Total assets: |  |  |  |
Brazil |  | $ | 726,250 |  |  | $ | 612,074 |
Caribbean division |  | 355,568 |  |  | 382,022 |
NOLAD |  | 247,546 |  |  | 308,632 |
SLAD |  | 246,344 |  |  | 242,081 |
Total reportable segments |  | 1,575,708 |  |  | 1,544,809 |
Corporate and others (i) |  | 82,822 |  |  | 36,946 |
Purchase price allocation (ii) |  | (153,477 | ) |  | (178,553 | )
Total assets |  | $ | 1,505,053 |  |  | $ | 1,403,202 |
(i) | Primarily relates to corporate general and administrative expenses, corporate supply chain operations in Uruguay, and related assets. Corporate general and administrative expenses consist of corporate office support costs in areas such as facilities, finance, human resources, information technology, legal, marketing, restaurant operations, supply chain and training. As of December 31, 2016, corporate assets primarily include corporate cash and cash equivalents and a collateral deposit. As of December 31, 2015, corporate assets also included derivative instruments.
(ii) | Relates to the purchase price allocation adjustment made at corporate level, which reduces the total assets and the corresponding depreciation and amortization.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration