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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 266,937 $ 278,830
Short-term investment 37,459 0
Accounts and notes receivable, net  124,273 82,180
Other receivables 26,790 22,031
Inventories 50,088 37,800
Prepaid expenses and other current assets 119,995 119,275
Derivative instruments 58,821 0
Total current assets   684,363 540,116
Non-current assets    
Miscellaneous    81,662 71,442
Collateral deposits    2,500 2,500
Property and equipment, net    856,085 743,533
Net intangible assets and goodwill    54,569 38,808
Deferred income taxes    87,972 67,802
Derivative instruments 34,088 120,371
Equity method investments 14,708 13,105
Lease right of use asset, net 820,683 763,580
Total non-current assets    1,952,267 1,821,141
Total assets    2,636,630 2,361,257
Current liabilities    
Accounts payable  353,468 269,215
Royalties payable to McDonald’s Corporation  21,280 15,933
Income taxes payable   65,311 70,276
Other taxes payable    81,371 67,086
Accrued payroll and other liabilities 115,327 89,923
Provision for contingencies 2,272 2,140
Interest payable   7,906 11,383
Short-term debt   318 0
Current portion of long-term debt  19,033 4,741
Derivative instruments  10,215 8,046
Operating lease liabilities 82,911 79,120
Total current liabilities 759,412 617,863
Non-current liabilities    
Accrued payroll and other liabilities 28,781 21,900
Provision for contingencies   42,567 31,946
Long-term debt, excluding current portion   711,671 739,217
Derivative instruments  18,167 14,880
Deferred income taxes 3,931 7,170
Operating lease liabilities 747,674 707,119
Total non-current liabilities    1,552,791 1,522,232
Total liabilities   2,312,203 2,140,095
Equity    
Additional paid-in capital      9,206 10,101
Retained earnings 424,936 316,180
Accumulated other comprehensive loss (613,460) (607,768)
Common stock in treasury (19,367) (19,367)
Total Arcos Dorados Holdings Inc. shareholders’ equity   323,623 220,430
Non-controlling interests in subsidiaries   804 732
Total equity  324,427 221,162
Total liabilities and equity   2,636,630 2,361,257
Class A    
Equity    
Common stock 389,393 388,369
Class B    
Equity    
Common stock $ 132,915 $ 132,915