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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule Of Statutory Tax Rates

Statutory tax rates in the countries in which the Company operates for fiscal years 2016, 2015 and 2014 were as follows:

		2016		2015		2014
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		40%		39%		34%
Peru		28%		28%		30%
Costa Rica and Mexico		30%		30%		30%
Panamá, Uruguay, Trinidad and Tobago and Netherlands		25%		25%		25%
Ecuador		25%		25%		22%
Chile		24%		23%		21%

Schedule Of Components Of Income Tax Expense

Income tax expense for fiscal years 2016, 2015 and 2014 consisted of the following:

		2016				2015				2014
Current income tax expense		$	54,142			$	31,873			$	25,060
Deferred income tax (benefit) expense		5,499				(9,057		)		7,419
Income tax expense		$	59,641			$	22,816			$	32,479

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

Income tax expense for fiscal years 2016, 2015 and 2014 differed from the amounts computed by applying the Company’s weighted-average statutory income tax rate to pre-tax income (loss) as a result of the following:

		2016				2015				2014
Pre-tax income (loss)		$	138,629			$	(28,553	)		$	(76,549	)
Weighted-average statutory income tax rate (i)		35.4		%		32.8		%		33.4		%
Income tax expense at weighted-average statutory tax rate on pre-tax income (loss)		49,030				(9,353		)		(25,604		)
Permanent differences:
Change in valuation allowance		(17,037		)		63,880				81,360
Non-deductible expenses		11,993				6,368				15,641
Tax benefits, including Brazil and other		(14,437		)		(17,377		)		(45,223		)
Withholding income taxes on intercompany transactions		22,379				1,557				369
Expiration and changes in tax loss carryforwards		18,291				—				7,852
Differences including exchange rate and inflation adjustment		(9,947		)		(25,347		)		(4,440		)
Alternative taxes		(114		)		2,386				3,070
Others		(517		)		702				(546		)
Income tax expense		$	59,641			$	22,816			$	32,479

(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.

Certain changes, mainly related to the remeasurement effect of the entities with a functional currency different from the local currency, have been made to the prior years weighted-average statutory income tax rate calculation for the fiscal years ended December 31, 2015 and 2014, to conform to the current year presentation

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, 2016 and 2015 are presented below:

		2016				2015
Tax loss carryforwards (i)		$	268,389			$	254,861
Purchase price allocation adjustment		30,855				37,549
Property and equipment, tax inflation		37,471				45,650
Other accrued payroll and other liabilities		15,437				13,891
Share-based compensation		4,151				3,570
Provision for contingencies		3,449				2,177
Other deferred tax assets (ii)		27,292				27,642
Other deferred tax liabilities (iii)		(13,649		)		(9,618		)
Property and equipment - difference in depreciation rates		(14,195		)		(12,411		)
Valuation allowance (iv)		(290,620		)		(297,891		)
Net deferred tax asset		$	68,580			$	65,420

(i) As of December 31, 2016, the Company and its subsidiaries has accumulated operating tax loss carryforwards amounting to $949,634. The Company has operating tax loss carryforwards amounting to $369,663, expiring between 2017 and 2021. In addition, the Company has operating tax loss carryforwards amounting to $359,793 expiring after 2021 and operating tax loss carryforwards amounting to $220,178 that do not expire.

(ii) Other deferred tax assets reflect the net tax effects of temporary differences between the carrying amounts of assets for financial reporting purposes (accounting base) and the amounts used for income tax purposes (tax base). For the fiscal year ended December 31, 2016, include regular expenses provisions in Brazil and Colombia for $10,785 and $3,278, respectively; $5,055 related to foreign currency exchange differences in Venezuela and $3,832 in Puerto Rico, mainly related to bad debt reserve. For the Fiscal year ended December 31, 2015 include $11,745 related to foreign currency exchange differences in Venezuela.

(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:

		2016				2015
Balances at beginning balance		$	63			$	221
Decrease for positions taken in prior years		(44		)		(158		)
Balances at ending balance		$	19			$	63

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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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