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Consolidated Statements of (Loss) Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES      
Revenues $ 1,984,219 $ 2,959,077 $ 3,081,571
Company-operated restaurant expenses:      
Food and paper (677,087) (1,007,584) (1,030,499)
Payroll and employee benefits (413,074) (567,653) (607,793)
Occupancy and other operating expenses         (624,154) (799,633) (803,539)
Royalty fees (110,957) (155,388) (157,886)
Franchised restaurants – occupancy expenses          (43,512) (61,278) (67,927)
General and administrative expenses (171,382) (212,515) (229,324)
Other operating (expenses) income, net (10,807) 4,910 (61,145)
Total operating costs and expenses (2,050,973) (2,799,141) (2,958,113)
Operating (loss) income (66,754) 159,936 123,458
Net interest expense (59,068) (52,079) (52,868)
(Loss) gain from derivative instruments (2,297) 439 (565)
Gain from securities 25,676 0 0
Foreign currency exchange results (31,707) 12,754 14,874
Other non-operating income (expenses), net  2,296 (2,097) 270
(Loss) income before income taxes  (131,854) 118,953 85,169
Income tax expense (17,532) (38,837) (48,136)
Net (loss) income (149,386) 80,116 37,033
Less: Net income attributable to non-controlling interests (65) (220) (186)
Net (loss) income attributable to Arcos Dorados Holdings Inc. $ (149,451) $ 79,896 $ 36,847
(Loss) earnings per share information:      
Basic net (loss) income per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ (0.73) $ 0.39 $ 0.18
Diluted net (loss) income per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ (0.73) $ 0.39 $ 0.18
Sales by Company-operated restaurants      
REVENUES      
Revenues $ 1,894,618 $ 2,812,287 $ 2,932,609
Revenues from franchised restaurants      
REVENUES      
Revenues $ 89,601 $ 146,790 $ 148,962