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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 278,830 $ 165,989
Accounts and notes receivable, net  82,180 94,249
Other receivables 22,031 20,521
Inventories 37,800 33,601
Prepaid expenses and other current assets 119,275 100,469
Derivative instruments 0 702
Total current assets   540,116 415,531
Non-current assets    
Miscellaneous    71,442 72,268
Collateral deposits    2,500 2,500
Property and equipment, net    743,533 796,532
Net intangible assets and goodwill    38,808 37,046
Deferred income taxes    67,802 55,567
Derivative instruments 120,371 121,901
Equity method investments 13,105 1,640
Lease right of use asset, net 763,580 790,969
Total non-current assets    1,821,141 1,878,423
Total assets    2,361,257 2,293,954
Current liabilities    
Accounts payable  269,215 209,535
Royalties payable to McDonald’s Corporation  15,933 44,779
Income taxes payable   70,276 34,447
Other taxes payable    67,086 56,837
Accrued payroll and other liabilities 89,923 79,218
Provision for contingencies 2,140 2,024
Interest payable   11,383 11,947
Current portion of long-term debt  4,741 3,129
Derivative instruments  8,046 4,727
Operating lease liabilities 79,120 56,828
Total current liabilities 617,863 503,471
Non-current liabilities    
Accrued payroll and other liabilities 21,900 21,884
Provision for contingencies   31,946 24,924
Long-term debt, excluding current portion   739,217 773,445
Derivative instruments  14,880 14,534
Deferred income taxes 7,170 5,067
Operating lease liabilities 707,119 752,613
Total non-current liabilities    1,522,232 1,592,467
Total liabilities   2,140,095 2,095,938
Equity    
Additional paid-in capital      10,101 11,540
Retained earnings 316,180 290,895
Accumulated other comprehensive loss (607,768) (584,860)
Common stock in treasury (19,367) (39,547)
Total Arcos Dorados Holdings Inc. shareholders’ equity   220,430 197,546
Non-controlling interests in subsidiaries   732 470
Total equity  221,162 198,016
Total liabilities and equity   2,361,257 2,293,954
Class A    
Equity    
Common stock 388,369 386,603
Class B    
Equity    
Common stock $ 132,915 $ 132,915