Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.20.2
Foreign Currency Translation (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Summary of Impact of Translating Financial Statements of Company's International Subsidiaries

Below is a summary of the impact of translating the September 30, 2020 and 2019 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

 

 

Other Comprehensive Income (Loss) for

 

 

 

Exchange Rate as of

 

 

Nine Months Ended

 

Country

 

September 30, 2020

 

 

December 31, 2019

 

 

September 30, 2020

 

September 30, 2019

 

Brazil

 

 

5.63

 

 

 

4.02

 

 

$

(51,453

)

$

(14,492

)

Chile

 

 

785.93

 

 

 

736.86

 

 

 

(5,046

)

 

(4,017

)

Colombia

 

 

3,878.95

 

 

 

3,277.14

 

 

 

(2,584

)

 

(1,507

)

Peru

 

 

3.62

 

 

 

3.37

 

 

 

(3,187

)

 

(203

)

All other

 

 

 

 

 

 

 

 

 

 

(560

)

 

491

 

 

 

 

 

 

 

 

 

 

 

$

(62,830

)

$

(19,728

)

 

(1)  

Beginning July 1, 2018, Argentina was deemed highly inflationary.  A gain of $1,053 and a loss of $3,356 for the nine months ended September 30, 2020 and 2019, respectively, is reflected as foreign currency exchange gain (loss) on the Company’s condensed consolidated statement of income as a result of translating Argentina financial results to U.S. dollars.