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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net (loss) income attributable to Arcos Dorados Holdings Inc. $ (149,451) $ 79,896 $ 36,847
Non-cash charges and credits:      
Depreciation and amortization  126,853 123,218 105,800
Loss (gain) from derivative instruments 2,297 (439) 565
Amortization and accrual of letter of credit fees and deferred financing costs 3,505 3,190 3,189
Gain of property and equipment sales (201) (664) (2,030)
Deferred income taxes 471 (7,974) 648
Foreign currency exchange results 35,928 (11,656) (15,388)
Accrued net share-based compensation expense 1,360 4,060 2,638
Impairment of long-lived assets and goodwill 7,721 9,063 19,117
Write-offs of property and equipment 4,501 4,733 4,167
Gain on Sales of restaurants businesses 0 (5,078) (6,154)
Others, net  (10,234) (955) 8,896
Changes in assets and liabilities:      
Accounts payable  (23,993) 39,434 16,563
Accounts and notes receivable and other receivables (13,210) (27,988) (35,770)
Inventories, prepaid and other assets (25,032) (21,802) (12,074)
Income taxes payable (5,825) 10,931 12,529
Other taxes payable 13,014 20,891 8,675
Interest payable 0 0 0
Accrued payroll and other liabilities and provision for contingencies 16,755 1,320 27,134
Royalties payable to McDonald’s Corporation 28,981 2,979 4,302
Others 2,526 322 77
Net cash provided by operating activities 15,966 223,481 179,731
Investing activities      
Property and equipment expenditures (86,311) (265,235) (197,041)
Purchases of restaurant businesses paid at acquisition date (3,833) (2,658) 0
Proceeds from sales of property and equipment and related advances 800 3,340 2,891
Proceeds from sales of restaurant businesses and related advances 0 4,818 10,158
Recovery of short-term investments 0 0 19,588
Other investing activity 638 (1,256) 620
Net cash used in investing activities (88,706) (260,991) (163,784)
Financing activities      
Issuance of 2027 Notes 153,375 0 0
Dividend payments to Arcos Dorados Holdings Inc.’ shareholders (10,220) (22,425) (20,937)
Net short-term borrowings (10,578) 13,159 0
Treasury stock purchases 0 (13,965) (46,035)
Other financing activities  (6,568) (6,401) (6,470)
Net cash provided by used in financing activities 126,009 (29,632) (73,442)
Effect of exchange rate changes on cash and cash equivalents (9,160) (8,260) (53,714)
Increase (decrease) in cash and cash equivalents 44,109 (75,402) (111,209)
Cash and cash equivalents at the beginning of the year 121,880 197,282 308,491
Cash and cash equivalents at the end of the year 165,989 121,880 197,282
Supplemental cash flow information:      
Interest 57,066 52,458 55,400
Income tax  22,502 34,092 32,188
Non-cash investing and financing activities:      
Stock dividend payments to Arcos Dorados Holdings Inc.’ Shareholders, at cost 20,453 0 0
Seller financing pending of payment and settlement of franchise receivables related to purchases of restaurant businesses $ 1,606 $ 905 $ 469