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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 197,282 $ 308,491
Short-term investment 0 19,588
Accounts and notes receivable, net 84,287 111,302
Other receivables 25,350 36,310
Inventories 46,089 82,735
Prepaid expenses and other current assets 109,230 94,204
McDonald’s Corporation’s indemnification for contingencies 2,324 407
Total current assets 464,562 653,037
Non-current assets    
Miscellaneous 99,049 98,291
Collateral deposits 2,500 2,500
Property and equipment, net 856,192 890,736
Net intangible assets and goodwill 41,021 47,729
Deferred income taxes 58,334 74,299
Derivative instruments 54,735 35,069
McDonald’s Corporation’s indemnification for contingencies 1,646 2,082
Total non-current assets 1,113,477 1,150,706
Total assets 1,578,039 1,803,743
Current liabilities    
Accounts payable 242,455 303,452
Royalties payable to McDonald’s Corporation 14,576 13,729
Income taxes payable 53,843 54,592
Other taxes payable 61,006 82,326
Accrued payroll and other liabilities 94,166 119,088
Provision for contingencies 2,436 2,529
Interest payable 9,951 9,986
Short-term debt 356 0
Current portion of long-term debt 3,836 4,359
Derivative instruments 10,687 15,522
Total current liabilities 493,312 605,583
Non-current liabilities    
Accrued payroll and other liabilities 35,322 29,366
Provision for contingencies 26,073 25,427
Long-term debt, excluding current portion 626,424 629,142
Derivative instruments 3,192 7,506
Deferred income taxes 957 10,577
Total non-current liabilities 691,968 702,018
Total liabilities 1,185,280 1,307,601
Equity    
Additional paid-in capital 14,850 14,216
Retained earnings 413,074 401,134
Accumulated other comprehensive losses (502,266) (429,347)
Common stock in treasury (46,035) 0
Total Arcos Dorados Holdings Inc. shareholders’ equity 392,383 495,650
Non-controlling interests in subsidiaries 376 492
Total equity 392,759 496,142
Total liabilities and equity 1,578,039 1,803,743
Class A    
Equity    
Common stock 379,845 376,732
Class B    
Equity    
Common stock $ 132,915 $ 132,915