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Segment and geographic information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Profit or loss and assets for reportable segment

The following table presents information about profit or loss and assets for each reportable segment: 

		For the fiscal years ended December 31,
		2019				2018				2017
Revenues:
Brazil		$	1,385,566			$	1,345,453			$	1,496,573
Caribbean division		399,251				483,743				474,822
NOLAD		431,266				406,848				386,874
SLAD		742,994				845,527				961,256
Total revenues		$	2,959,077			$	3,081,571			$	3,319,525
Adjusted EBITDA:
Brazil		$	227,844			$	218,391			$	218,172
Caribbean division		24,955				(8,281		)		40,844
NOLAD		39,027				32,313				33,717
SLAD		63,120				73,670				87,083
Total reportable segments		354,946				316,093				379,816
Corporate and others (i)		(63,171		)		(58,096		)		(74,879		)
Total adjusted EBITDA		$	291,775			$	257,997			$	304,937

		For the fiscal years ended December 31,
		2019				2018				2017
Adjusted EBITDA reconciliation:
Total Adjusted EBITDA		$	291,775			$	257,997			$	304,937
(Less) Plus items excluded from computation that affect operating income:
Depreciation and amortization		(123,218		)		(105,800		)		(99,382		)
Gains from sale or insurance recovery of property and equipment		5,175				4,973				95,081
Write-offs of property and equipment		(4,733		)		(4,167		)		(8,528		)
Impairment of long-lived assets		(8,790		)		(18,950		)		(17,564		)
Impairment of goodwill		(273		)		(167		)		(200		)
Reorganization and optimization plan expenses		—				(11,003		)		—
2008 Long-Term Incentive Plan incremental compensation from modification		—				575				(1,409		)
Operating income		159,936				123,458				272,935
(Less) Plus:
Net interest expense		(52,079		)		(52,868		)		(68,357		)
Gain (loss) from derivative instruments		439				(565		)		(7,065		)
Foreign currency exchange results		12,754				14,874				(14,265		)
Other non-operating (expenses) income, net		(2,097		)		270				(435		)
Income tax expense		(38,837		)		(48,136		)		(53,314		)
Net income attributable to non-controlling interests		(220		)		(186		)		(333		)
Net income attributable to Arcos Dorados Holdings Inc.		$	79,896			$	36,847			$	129,166

		For the fiscal years ended December 31,
		2019				2018				2017
Depreciation and amortization:
Brazil		$	63,467			$	52,632			$	52,442
Caribbean division		18,481				22,835				25,210
NOLAD		21,422				20,829				20,635
SLAD		20,713				19,293				15,292
Total reportable segments		124,083				115,589				113,579
Corporate and others (i)		4,894				5,696				5,978
Purchase price allocation (ii)		(5,759		)		(15,485		)		(20,175		)
Total depreciation and amortization		$	123,218			$	105,800			$	99,382
Property and equipment expenditures:
Brazil		$	146,322			$	100,926			$	91,769
Caribbean division		15,934				18,640				16,759
NOLAD		32,662				24,145				17,565
SLAD		70,280				53,300				48,621
Others		37				30				52
Total property and equipment expenditures		$	265,235			$	197,041			$	174,766

		As of December 31,
		2019				2018
Total assets:
Brazil		$	1,328,984			$	751,550
Caribbean division		429,170				303,467
NOLAD		458,235				247,697
SLAD		389,976				291,300
Total reportable segments		2,606,365				1,594,014
Corporate and others (i)		67,195				105,835
Purchase price allocation (ii)		(115,875		)		(121,810		)
Total assets		$	2,557,685			$	1,578,039

(i) Primarily relates to corporate general and administrative expenses, corporate supply chain operations in Uruguay, and related assets. Corporate general and administrative expenses consist of corporate office support costs in areas such as facilities, finance, human resources, information technology, legal, marketing, restaurant operations, supply chain and training. As of December 31, 2019 and 2018, corporate assets primarily includes corporate cash and cash equivalents, lease right of use and derivatives.

(ii)

Relates to the purchase price allocation adjustment made at corporate level, which reduces the total assets and the corresponding depreciation and amortization

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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