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Shareholders' Equity
 12 Months Ended
Dec. 31, 2017
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ equity

Authorized capital

The Company is authorized to issue to 500,000,000 shares, consisting of 420,000,000 Class A shares and 80,000,000 Class B shares of no par value each.

Issued and outstanding capital

At December 31, 2014, the Company had 210,216,043 shares issued and outstanding with no par value, consisting of 130,216,043 class A shares and 80,000,000 class B shares.

During fiscal years 2017, 2016 and 2015, the Company issued 361,284, 172,328 and 322,853 Class A shares, respectively, in connection with the partial vesting of restricted share units under the 2011 Equity Incentive Plan. Therefore, at December 31, 2017 , 2016 and 2015 the Company had 211,072,508; 210,711,224 and 210,538,896 shares issued and outstanding with no par value, consisting of 131,072,508; 130,711,224 and 130,538,896 Class A shares, respectively, and 80,000,000 for Class B shares for each year.

Rights, privileges and obligations

Holders of Class A shares are entitled to one vote per share and holders of Class B shares are entitled to five votes per share. Except with respect to voting, the rights, privileges and obligations of the Class A shares and Class B shares are pari passu in all respects, including with respect to dividends and rights upon liquidation of the Company.

Distribution of dividends
 
The Company can only make distributions to the extent that immediately following the distribution, its assets exceed its liabilities and the Company is able to pay its debts as they become due.

During fiscal years 2017, 2016 and 2015, the Company did not declare a dividend distribution to its shareholders, with respect to its results of operations for fiscal years 2016, 2015 and 2014, respectively. During fiscal year 2014, the Company declared dividend distributions totaling $50,036. The last installment of that distribution was paid during the fiscal year 2015, amounting to $12,509.

Accumulated other comprehensive loss

The following table sets forth information with respect to the components of “Accumulated other comprehensive loss” as of December 31, 2017 and their related activity during the three-years in the period then ended:

Accumulated other comprehensive loss (continued)

 
 
 
 
Foreign currency translation
 
 
Cash flow hedges
 
Post-employment benefits (i)
 
Total Accumulated other comprehensive loss
Balances at December 31, 2014
 
$
(302,889
)
 
$
1,598

 
$
(1,176
)
 
$
(302,467
)
Other comprehensive (loss) income before reclassifications
 
(128,301
)
 
20,487

 
(213
)
 
(108,027
)
Net (gain) loss reclassified from accumulated other comprehensive loss to consolidated statement of income
 
—

 
(14,209
)
 
440

 
(13,769
)
Net current-period other comprehensive (loss) income
 
(128,301
)
 
6,278

 
227

 
(121,796
)
Balances at December 31, 2015
 
(431,190
)
 
7,876

 
(949
)
 
(424,263
)
Other comprehensive loss before reclassifications
 
(9,891
)
 
(18,813
)
 
(310
)
 
(29,014
)
Net loss reclassified from accumulated other comprehensive loss to consolidated statement of income
 
—

 
11,242

 
386

 
11,628

Net current-period other comprehensive (loss) income
 
(9,891
)
 
(7,571
)
 
76

 
(17,386
)
Balances at December 31, 2016
 
(441,081
)
 
305

 
(873
)
 
(441,649
)
Other comprehensive income (loss) before reclassifications
 
4,800

 
6,462

 
(938
)
 
10,324

Net loss reclassified from accumulated other comprehensive loss to consolidated statement income
 
—

 
1,592

 
386

 
1,978

Net current-period other comprehensive income
 (loss)
 
4,800

 
8,054

 
(552
)
 
12,302

Balances at December 31, 2017
 
$
(436,281
)
 
$
8,359

 
$
(1,425
)
 
$
(429,347
)

(i)
Mainly related to a post-employment benefit in Venezuela established by the Organic Law of Labor and Workers (known as “LOTTT”, its Spanish acronym) in 2012. This benefit provides a payment of 30 days of salary per year of employment tenure based on the last wage earned to all workers who leave the job for any reason. The term of service to calculate the post-employment payment of active workers run retroactively since June 19, 1997. The Company obtains an actuarial valuation to measure the post-employment benefit obligation, using the projected unit credit actuarial method and measures this benefit in accordance with ASC 715-30, similar to pension benefit.