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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 196,661 $ 266,937
Short-term investments 50,106 37,459
Accounts and notes receivable, net  147,980 124,273
Other receivables 38,719 26,790
Inventories 52,830 50,088
Prepaid expenses and other current assets 118,982 119,995
Derivative instruments 0 58,821
Total current assets   605,278 684,363
Non-current assets    
Miscellaneous    104,225 81,662
Collateral deposits    2,500 2,500
Property and equipment, net    1,119,885 856,085
Net intangible assets and goodwill    70,026 54,569
Deferred income taxes    98,163 87,972
Derivative instruments 46,486 34,088
Equity method investments 18,111 14,708
Lease right of use asset 954,564 820,683
Total non-current assets    2,413,960 1,952,267
Total assets    3,019,238 2,636,630
Current liabilities    
Accounts payable  374,986 353,468
Royalties payable to McDonald’s Corporation  21,292 21,280
Income taxes payable   77,722 65,311
Other taxes payable    85,421 81,371
Accrued payroll and other liabilities 142,487 115,327
Provision for contingencies 1,447 2,272
Interest payable   7,447 7,906
Short-term debt   29,533 318
Current portion of long-term debt  1,803 19,033
Derivative instruments  6,025 10,215
Operating lease liabilities 93,507 82,911
Total current liabilities 841,670 759,412
Non-current liabilities    
Accrued payroll and other liabilities 27,513 28,781
Provision for contingencies   49,172 42,567
Long-term debt, excluding current portion   713,038 711,671
Derivative instruments  16,733 18,167
Deferred income taxes 1,166 3,931
Operating lease liabilities 853,107 747,674
Total non-current liabilities    1,660,729 1,552,791
Total liabilities   2,502,399 2,312,203
Equity    
Additional paid-in capital      8,719 9,206
Retained earnings 566,188 424,936
Accumulated other comprehensive loss (563,081) (613,460)
Common stock in treasury (19,367) (19,367)
Total Arcos Dorados Holdings Inc. shareholders’ equity   515,281 323,623
Non-controlling interests in subsidiaries   1,558 804
Total equity  516,839 324,427
Total liabilities and equity   3,019,238 2,636,630
Class A    
Equity    
Common stock 389,907 389,393
Class B    
Equity    
Common stock $ 132,915 $ 132,915