Earnings per share (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of computation of earnings per share

The following table sets forth the computation of basic and diluted net income per common share attributable to Arcos Dorados Holdings Inc. for all years presented:


	For the fiscal years ended December 31,
	2020		2019		2018
Net (loss) income attributable to Arcos Dorados Holdings Inc. available to common shareholders	$	(149,451)	$	79,896	$	36,847
Weighted-average number of common shares outstanding - Basic	205,417,516		204,003,977		209,136,832
Incremental shares from assumed exercise of stock options (i)	—		—		—
Incremental shares from vesting of restricted share units	287,965		664,375		983,634
Weighted-average number of common shares outstanding - Diluted	205,705,481		204,668,352		210,120,466

Basic net (loss) income per common share attributable to Arcos Dorados Holdings Inc.	$	(0.73)	$	0.39	$	0.18
Diluted net (loss) income per common share attributable to Arcos Dorados Holdings Inc.	$	(0.73)	$	0.39	$	0.18

(i)Options to purchase shares of common stock were outstanding during fiscal years 2020, 2019 and 2018. See Note 17 for details. These options were not included in the computation of diluted earnings per share because their inclusion would have been anti-dilutive.