XML 70 R37.htm IDEA: XBRL DOCUMENT v3.19.1

Summary of significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Schedule of impact of adoption

Furthermore, the changes made to the consolidated balance sheet as of January 1, 2018 for the adoption of ASC 606 were as follows:

Revenue recognition (continued):

Balance Sheet		Balance at December 31, 2017				Adjustments Due to ASC 606				Balance at January 1, 2018
ASSETS
Non-current Assets
Deferred income taxes		74,299				1,555				75,854
LIABILITIES AND EQUITY
Current liabilities
Accrued payroll and other liabilities		119,088				339				119,427
Non-current liabilities
Accrued payroll and other liabilities		29,366				5,012				34,378
EQUITY
Retained earnings		401,134				(3,796	)			397,338

There are no expectations that the adoption of the new revenue standard will have a material impact within the net income on an ongoing basis. The disclosure of the impact of adoption on the consolidated balance sheet and income statements, as of December 31, 2018 and for the fiscal year ended December 31, 2018, is as follows:

		As of December 31, 2018
Balance Sheet		As Reported				Balances Without Adoption of ASC 606				Effect of Change
ASSETS
Non-current Assets
Deferred income taxes		58,334				56,522				1,812
LIABILITIES AND EQUITY
Current liabilities
Accrued payroll and other liabilities		94,166				93,770				396
Non-current liabilities
Accrued payroll and other liabilities		35,322				29,495				5,827
EQUITY
Retained earnings		413,074				417,485				(4,411	)

	For the fiscal year ended December 31, 2018
Income Statement		As Reported				Balances Without Adoption of ASC 606				Effect of Change
Revenues from franchised restaurants		148,962				149,834				(872	)
Income tax expense		(48,136	)			(48,393	)			257

Summary of impairment charges

As a result of the impairment testing the Company recorded the following impairment charges, for the markets indicated below, within Other operating (expenses) income, net on the consolidated statements of income:

Fiscal year		Markets		Total
2018		Mexico, Puerto Rico, USVI, Peru, Colombia, Venezuela and Trinidad and Tobago		$	18,950
2017		Mexico, Puerto Rico, USVI, Peru, Ecuador, Colombia, Venezuela and Trinidad and Tobago		17,564
2016		Mexico, Puerto Rico, USVI, Peru, Ecuador, Venezuela and Trinidad and Tobago		7,697

Schedule of goodwill impairment

As a result of the analyses performed the Company recorded the following impairment charges, related to goodwill generated in the acquisition of franchised restaurants, for the markets indicated below within Other operating (expenses) income, net on the consolidated statements of income:

Fiscal year		Markets		Total
2018		Peru		$	167
2017		Mexico		200
2016		Mexico		5,045

X

- Definition

Schedule of Goodwill Impairment Charges [Table Text Block]

+ References

No definition available.

+ Details

Name:	arco_ScheduleofGoodwillImpairmentChargesTableTextBlock
Namespace Prefix:	arco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2921-110230

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.CC)
-URI http://asc.fasb.org/extlink&oid=27011434&loc=d3e125687-122742

+ Details

Name:	us-gaap_DetailsOfImpairmentOfLongLivedAssetsHeldAndUsedByAssetTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

+ Details

Name:	us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration