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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net income attributable to Arcos Dorados Holdings Inc. $ 36,847 $ 129,166 $ 78,810
Non-cash charges and credits:      
Depreciation and amortization 105,800 99,382 92,969
Loss from derivative instruments 565 7,065 3,065
Amortization and accrual of letter of credit fees and deferred financing costs 3,189 3,433 3,974
Gain of property and equipment sales (2,030) (93,122) (55,163)
Deferred income taxes 648 1,731 5,499
Foreign currency exchange results (15,388) 20,366 (33,348)
Accrued net share-based compensation expense 2,638 4,216 3,558
Impairment of long-lived assets and goodwill 19,117 17,764 12,742
Write-offs of property and equipment 4,167 8,528 5,776
Gain on Sales of restaurants businesses (6,154) (14,742) (16,549)
Others, net 8,896 6,305 6,637
Changes in assets and liabilities:      
Accounts payable 16,563 102,660 35,815
Accounts and notes receivable and other receivables (35,770) (50,211) (32,604)
Inventories, prepaid and other assets (12,074) (53,466) 26,763
Income taxes payable 12,529 18,946 9,480
Other taxes payable 8,675 12,672 8,180
Interest payable (35) 2,942 (9,533)
Accrued payroll and other liabilities and provision for contingencies 27,134 35,075 15,412
Others 4,414 (3,540) 2,706
Net cash provided by operating activities 179,731 255,170 164,189
Investing activities      
Property and equipment expenditures (197,041) (174,766) (92,282)
Purchases of restaurant businesses paid at acquisition date 0 (870) 0
Proceeds from sale of property and equipment and related advances 2,891 61,983 88,380
Proceeds from sales of restaurant businesses and related advances 10,158 10,407 25,090
Recovery (acquisitions) of short-term investments 19,588 (19,588) 0
Other investing activity 620 (1,646) 1,830
Net cash (used in) provided by investing activities (163,784) (124,480) 23,018
Financing activities      
Issuance of 2027 Notes 0 265,000 0
(Repayment of) / proceeds from secured loan agreement 0 (169,511) 167,262
Purchase of 2023 Notes 0 (48,885) (80,800)
Net payment of derivative instruments 0 (40,822) (6,268)
Dividend payments to Arcos Dorados Holdings Inc.’ shareholders (20,937) 0 0
Purchase and repayment of 2016 Notes 0 0 (181,156)
Treasury stock purchases (46,035) 0 0
Other financing activities (6,470) (9,135) (12,033)
Net cash used in financing activities (73,442) (3,353) (112,995)
Effect of exchange rate changes on cash and cash equivalents (53,714) (13,649) 8,072
(Decrease) increase in cash and cash equivalents (111,209) 113,688 82,284
Cash and cash equivalents at the beginning of the year 308,491 194,803 112,519
Cash and cash equivalents at the end of the year 197,282 308,491 194,803
Supplemental cash flow information:      
Interest 55,400 53,206 76,605
Income tax 32,188 24,112 39,135
Non-cash investing and financing activities:      
Seller financing pending of payment and settlement of franchise receivables related to purchases of restaurant businesses 469 36 0
Exchange of assets $ 0 $ 6,721 $ 2,150