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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES      
Revenues $ 3,081,571 $ 3,319,525 $ 2,928,630
Company-operated restaurant expenses:      
Food and paper (1,030,499) (1,110,240) (1,012,976)
Payroll and employee benefits (607,793) (683,954) (607,082)
Occupancy and other operating expenses (803,539) (842,519) (752,428)
Royalty fees (157,886) (163,954) (142,777)
General and administrative expenses (229,324) (244,664) (221,075)
Other operating (expenses) income, net (61,145) 68,577 41,386
Total operating costs and expenses (2,958,113) (3,046,590) (2,750,050)
Operating income 123,458 272,935 178,580
Net interest expense (52,868) (68,357) (66,880)
Loss from derivative instruments (565) (7,065) (3,065)
Foreign currency exchange results 14,874 (14,265) 32,354
Other non-operating income (expenses), net 270 (435) (2,360)
Income before income taxes 85,169 182,813 138,629
Income tax expense (48,136) (53,314) (59,641)
Net income 37,033 129,499 78,988
Less: Net income attributable to non-controlling interests (186) (333) (178)
Net income attributable to Arcos Dorados Holdings Inc. $ 36,847 $ 129,166 $ 78,810
Earnings per share information:      
Basic net income (loss) per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ 0.18 $ 0.61 $ 0.37
Diluted net income (loss) per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ 0.18 $ 0.61 $ 0.37
Product      
REVENUES      
Revenues $ 2,932,609 $ 3,162,256 $ 2,803,334
Franchise      
REVENUES      
Revenues 148,962 157,269 125,296
Company-operated restaurant expenses:      
Franchised restaurants – occupancy expenses $ (67,927) $ (69,836) $ (55,098)