XML 43 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Valuation and qualifying accounts
 12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation and qualifying accounts Valuation and qualifying accounts

The following table presents the information required by Rule 12-09 of Regulation S-X in regards to valuation and qualifying accounts for each of the periods presented:
Description
 
Balance at beginning of period
 
Additions (i)
 
Deductions (ii)
 
Translation
 
Balance at end of period
Year ended December 31, 2019:
 
 
 
 
 
 
 
 
 
 
Deducted from assets accounts:
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts (iii)
 
$
25,539

 
$
8,524

 
$
(10,892
)
 
$
(95
)
 
$
23,076

Valuation allowance on deferred tax assets
 
219,920

 
2,375

 
(26,252
)
 
(1,617
)
 
194,426

Reported as liabilities:
 
 

 
 

 
 

 
 

 
 

        Provision for contingencies
 
28,509

 
17,795

 
(17,768
)
 
(2,378
)
 
26,158

Total
 
$
273,968

 
$
28,694

 
$
(54,912
)
 
$
(4,090
)
 
$
243,660

Year ended December 31, 2018:
 
 

 
 

 
 

 
 

 
 

Deducted from assets accounts:
 
 

 
 

 
 

 
 

 
 

Allowance for doubtful accounts (iii)
 
$
21,467

 
$
6,064

 
$
(1,860
)
 
$
(132
)
 
$
25,539

Valuation allowance on deferred tax assets
 
271,651

 
13,107

 
(37,718
)
 
(27,120
)
 
219,920

Reported as liabilities:
 
 

 
 

 
 

 
 

 
 

Provision for contingencies
 
27,956

 
25,838

 
(19,702
)
 
(5,583
)
 
28,509

Total
 
$
321,074

 
$
45,009

 
$
(59,280
)
 
$
(32,835
)
 
$
273,968

Year ended December 31, 2017:
 
 

 
 

 
 

 
 

 
 

Deducted from assets accounts:
 
 

 
 

 
 

 
 

 
 

Allowance for doubtful accounts (iii)
 
$
16,367

 
$
6,386

 
$
(1,244
)
 
$
(42
)
 
$
21,467

Valuation allowance on deferred tax assets
 
290,620

 
8,382

 
(27,515
)
 
164

 
271,651

Reported as liabilities:
 
 

 
 

 
 

 
 

 
 

Provision for contingencies
 
18,112

 
36,160

 
(26,137
)
 
(179
)
 
27,956

Total
 
$
325,099

 
$
50,928

 
$
(54,896
)
 
$
(57
)
 
$
321,074


(i)
Additions in valuation allowance on deferred tax assets are charged to income tax expense.

Additions in provision for contingencies are explained as follows:
 
Fiscal years 2019, 2018 and 2017 – Relate to the accrual of $17,441, $23,995 and $36,160, respectively, and a reclassification of $354 and $1,843, during fiscal years 2019 and 2018, respectively. See Note 18 for details.

(ii)
Deductions in valuation allowance on deferred tax assets are charged to income tax expense.

Deductions in provision for contingencies are explained as follows:

Corresponds to the settlements and reclassifications amounting to $17,768 and $nil, respectively, during fiscal year 2019; $19,702 and $nil, respectively, during fiscal year 2018; and $25,427 and $710, respectively, during fiscal year 2017; as discussed in Note 18.

(iii)
Presented in the consolidated balance sheet as follow: $22,442 and $24,999 at December 31, 2019 and 2018, respectively, within Accounts and notes receivable, net and $634 and $540 at December 31, 2019 and 2018, respectively, within Other receivables.