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Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule Of Derivative Instruments, Fair Value | The following table presents the fair values of derivative instruments included in the consolidated balance sheets as of December 31, 2017 and 2016:
|  | Derivatives
|  |  |  | Fair Value
Type of Derivative |  | Balance Sheets Location |  | 2017 |  | 2016
Derivatives designated as hedging instruments |  |  |  |
Cash flow hedge |  |  |  |  |  |
Forward contracts |  | Other receivables |  | $ | 309 |  |  | $ | — |
Forward contracts |  | Accrued payroll and other liabilities |  | $ | (517 | ) |  | $ | (100 | )
Cross-currency interest rate swap (i) |  | Derivative instruments |  | 7,835 |  |  | (3,274 | )
Call spread (i) |  | Derivative instruments |  | (10,908 | ) |  | — |
Coupon-only swap (i) |  | Derivative instruments |  | 15,114 |  |  | — |
Fair value hedge |  |  |  |  |  |
Cross-currency interest rate swap (i) |  | Derivative instruments |  | — |  |  | (27,217 | )
Total derivative instruments |  |  |  | $ | 11,833 |  |  | $ | (30,591 | )
(i) | At December 31, 2017, presented in the consolidated balance sheet as follows: $35,069 as non-current asset, $15,522 as a current liability and $7,506 as non-current liability. At December 31, 2016, presented in the consolidated balance sheet as follows: $19,876 as a current liability and $10,615 as a non-current liability.
Schedule of Derivative Instruments | The following table presents information related to the terms of the agreements:
Bank |  | Payable |  | Receivable |  | Interest payment dates |  | Maturity
| Currency |  | Amount |  | Interest rate |  | Currency |  | Amount |  | Interest rate |
JP Morgan Chase Bank, N.A. (i) |  | BRL |  | 108,000 |  |  | 13 | % |  | $ |  | 35,400 |  |  | 4.38 | % |  | March 31/ September 30 |  | September 2023
JP Morgan Chase Bank, N.A. |  | BRL |  | 98,670 |  |  | 13 | % |  | $ |  | 30,000 |  |  | 6.02 | % |  | March 31/ September 30 |  | September 2023
Citibank N.A. |  | BRL |  | 94,200 |  |  | 13 | % |  | $ |  | 30,000 |  |  | 6.29 | % |  | March 31/ September 30 |  | September 2023
(i) | During the fiscal year ended December 31, 2017, the agreement was amended twice: on February 9, 2017 and February 22, 2017. All the terms of the swap agreement match the terms of the BRL intercompany loan receivable. As a result of the amendments the Company paid $2,689. According to ASC 815-30-40, the amount deferred in accumulated other comprehensive income until the date of the last amendment, amounting to $677 as of December 31, 2017, will be amortized to earnings as the originally hedged cash flows affects the statement of income.
The following table presents information related to the terms of the agreements:
Bank |  | Payable |  | Receivable |  | Interest payment dates |  | Maturity
| Currency |  | Amount |  | Interest rate |  | Currency |  | Amount |  | Interest rate |
Citibank S.A. |  | BRL |  | 155,500 |  |  | 11.08 | % |  | $ |  | 50,000 |  |  | 6.91 | % |  | June 30/ December 31 |  | September 2023
JP Morgan S.A. |  | BRL |  | 156,250 |  |  | 11.18 | % |  | $ |  | 50,000 |  |  | 6.91 | % |  | March 31/ September 30 |  | April 2027
The Company paid $1,390 of net interest during the twelve months ended December 31, 2017, related to these agreements. The following table presents information related to the terms of the agreements:
Bank |  | Payable |  | Receivable |  | Interest payment dates |  | Maturity
| Currency |  | Amount |  | Interest rate |  | Currency |  | Amount |  | Interest rate |
BAML (i) |  | BRL |  | 156,250 |  |  | 13.64 | % |  | $ |  | 50,000 |  |  | 6.91 | % |  | March 31/ September 30 |  | April 2027
Banco Santander S.A. |  | BRL |  | 155,500 |  |  | 13.77 | % |  | $ |  | 50,000 |  |  | 6.91 | % |  | June 30/ December 31 |  | September 2023
Derivatives designated as hedging instruments (continued) Cash flow hedge (continued) Cross-currency interest rate swap (continued)
(i) | Bank of America Merrill Lynch Banco Múltiplo S.A.
Schedule Of Cash Flow Hedges Included In Accumulated Other Comprehensive Income (Loss) | The following table present the pretax amounts affecting income and other comprehensive income for the twelve months ended December 31, 2017 and 2016 for each type of derivative relationship: Derivatives designated as hedging instruments (continued) Cash flow hedge (continued) Additional disclosures (continued)
Derivatives in Cash Flow Hedging Relationships |  | (Loss) Gain Recognized in Accumulated OCI on Derivative (Effective Portion) |  | Loss (Gain) Reclassified from Accumulated OCI into Income (Effective Portion) (i) |  | Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing and Ineffective Portion) (ii) |
| 2017 | 2016 | 2015 |  | 2017 | 2016 | 2015 |  | 2017 | 2016 | 2015 |
Forward contracts |  | $ | (1,344 | ) | $ | (1,861 | ) | $ | 1,903 |  |  | $ | 1,236 |  | $ | 1,307 |  | $ | (2,306 | ) |  | $ | — |  | $ | — |  | $ | — |  |
Cross-currency interest rate swaps |  | 5,828 |  | (16,952 | ) | 18,584 |  |  | 1,965 |  | 9,935 |  | (11,903 | ) |  | — |  | — |  | (2,650 | ) |
Call Spread |  | 21,047 |  | — |  | — |  |  | 2,791 |  | — |  | — |  |  | — |  | — |  | — |  |
Coupon-only swap |  | (13,598 | ) | — |  | — |  |  | (5,933 | ) | — |  | — |  |  | (101 | ) | — |  | — |  |
Total |  | 11,933 |  | (18,813 | ) | 20,487 |  |  | 59 |  | 11,242 |  | (14,209 | ) |  | (101 | ) | — |  | (2,650 | ) |
(i) | The (loss) gain recognized in income related to forward contracts was recorded as an adjustment to food and paper. The net (loss) gain recognized in income, related to Cross-currency interest rate swaps is presented in
the consolidated statement of income as follows: a gain (loss) of $7,532 and $(6,997) and $13,595, for the fiscal years 2017, 2016 and 2015, respectively, as an adjustment to foreign currency exchange results and a loss of $9,497 and $2,938 and $1,692, for the fiscal years 2017, 2016 and 2015, respectively as an adjustment to net interest expense. The gain (loss) recognized in income related to call spread agreements and coupon-only swap agreements were recorded as an adjustment to foreign currency exchange and interest expense, respectively.
(ii) | The gain recognized in income is presented within "Loss from derivative instruments"
Derivative Instruments, Gain (Loss) | The following table presents the pretax amounts affecting income for the fiscal years ended December 31, 2017 and 2016, respectively:
|  | Cross-currency swaps (i) |
Derivatives in Fair Value Hedging Relationships |  | 2017 |  | 2016
Loss recognized in Income on hedging derivatives |  | (9,599) |  | (5,814) |
Gain recognized in Income on hedging items |  | 4,118 |  | 2,877 |
(i) | The loss of $5,481 and $2,937, in 2017 and 2016 respectively, related to the ineffective portion of derivatives, was recorded within “Loss from derivative instruments” in the Company’s consolidated statements of income (loss).
Schedule Of Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance | The following table presents amounts affecting income related to derivatives not designated as hedging instruments: Derivatives not designated as hedging instruments (continued) Total equity return swap (continued)
Derivatives Not Designated as Hedging Instruments |  | Location of Loss Recognized in Income |  | Loss Recognized in Income on Derivative instruments
| 2017 |  | 2016 |  | 2015
Total equity return swap |  | General and administrative expenses (i) |  | $ | — |  |  | $ | — |  |  | $ | (1,743 | )
| Net interest expense |  | — |  |  | — |  |  | (453 | )
Others |  | Loss from derivative instruments |  | — |  |  | (127 | ) |  | (244 | )
Total |  |  |  | $ | — |  | 1,504 |  | $ | (127 | ) |  | $ | (2,440 | )
(i) | For the fiscal year 2015, includes a loss amounting to $1,252 excluded from Adjusted EBITDA as from the total vesting of the plan. See Adjusted EBITDA reconciliation in Note 21.

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- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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