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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 121,880 $ 197,282
Short-term investment 25 0
Accounts and notes receivable, net 99,862 84,287
Other receivables 28,174 25,350
Inventories 37,815 46,089
Prepaid expenses and other current assets 117,612 109,230
McDonald’s Corporation’s indemnification for contingencies 0 2,324
Total current assets 405,368 464,562
Non-current assets    
Miscellaneous 95,814 99,049
Collateral deposits 2,500 2,500
Property and equipment, net 960,986 856,192
Net intangible assets and goodwill 43,044 41,021
Deferred income taxes 68,368 58,334
Derivative instruments 57,828 54,735
McDonald’s Corporation’s indemnification for contingencies 1,612 1,646
Lease right of use asset, net 922,165  
Total non-current assets 2,152,317 1,113,477
Total assets 2,557,685 1,578,039
Current liabilities    
Accounts payable 259,577 242,455
Royalties payable to McDonald’s Corporation 17,132 14,576
Income taxes payable 61,982 53,843
Other taxes payable 61,823 61,006
Accrued payroll and other liabilities 86,379 94,166
Provision for contingencies 2,035 2,436
Interest payable 9,936 9,951
Short-term debt 13,296 356
Current portion of long-term debt 3,233 3,836
Derivative instruments 9,907 10,687
Operating lease liabilities 70,147  
Total current liabilities 595,447 493,312
Non-current liabilities    
Accrued payroll and other liabilities 23,497 35,322
Provision for contingencies 24,123 26,073
Long-term debt, excluding current portion 623,575 626,424
Derivative instruments 3,598 3,192
Deferred income taxes 4,297 957
Operating lease liabilities 861,582  
Total non-current liabilities 1,540,672 691,968
Total liabilities 2,136,119 1,185,280
Equity    
Additional paid-in capital 13,375 14,850
Retained earnings 471,149 413,074
Accumulated other comprehensive loss (519,505) (502,266)
Common stock in treasury (60,000) (46,035)
Total Arcos Dorados Holdings Inc. shareholders’ equity 421,138 392,383
Non-controlling interests in subsidiaries 428 376
Total equity 421,566 392,759
Total liabilities and equity 2,557,685 1,578,039
Class A    
Equity    
Common stock 383,204 379,845
Class B    
Equity    
Common stock $ 132,915 $ 132,915