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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 165,989 $ 121,880
Short-term investment 0 25
Accounts and notes receivable, net  94,249 99,862
Other receivables 19,946 28,174
Inventories 33,601 37,815
Prepaid expenses and other current assets 100,469 117,612
Derivative instruments 702 0
McDonald’s Corporation’s indemnification for contingencies 575 0
Total current assets   415,531 405,368
Non-current assets    
Miscellaneous    72,649 95,814
Collateral deposits    2,500 2,500
Property and equipment, net    796,532 960,986
Net intangible assets and goodwill    37,046 43,044
Deferred income taxes    55,567 68,368
Derivative instruments 121,901 57,828
McDonald’s Corporation’s indemnification for contingencies 1,259 1,612
Lease right of use asset, net 790,969 922,165
Total non-current assets    1,878,423 2,152,317
Total assets    2,293,954 2,557,685
Current liabilities    
Accounts payable  209,535 259,577
Royalties payable to McDonald’s Corporation  44,779 17,132
Income taxes payable   34,447 61,982
Other taxes payable    56,837 61,823
Accrued payroll and other liabilities 79,218 86,379
Provision for contingencies 2,024 2,035
Interest payable   11,947 9,936
Short-term debt   0 13,296
Current portion of long-term debt  3,129 3,233
Derivative instruments  4,727 9,907
Operating lease liabilities 56,828 70,147
Total current liabilities 503,471 595,447
Non-current liabilities    
Accrued payroll and other liabilities 21,884 23,497
Provision for contingencies   24,924 24,123
Long-term debt, excluding current portion   773,445 623,575
Derivative instruments  14,534 3,598
Deferred income taxes 5,067 4,297
Operating lease liabilities 752,613 861,582
Total non-current liabilities    1,592,467 1,540,672
Total liabilities   2,095,938 2,136,119
Equity    
Additional paid-in capital      11,540 13,375
Retained earnings 290,895 471,149
Accumulated other comprehensive loss (584,860) (519,505)
Common stock in treasury (39,547) (60,000)
Total Arcos Dorados Holdings Inc. shareholders’ equity   197,546 421,138
Non-controlling interests in subsidiaries   470 428
Total equity  198,016 421,566
Total liabilities and equity   2,293,954 2,557,685
Class A    
Equity    
Common stock 386,603 383,204
Class B    
Equity    
Common stock $ 132,915 $ 132,915