Annual report pursuant to Section 13 and 15(d)

Foreign Currency Translation (Tables)

v3.20.4
Foreign Currency Translation (Tables)
12 Months Ended
Dec. 31, 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 financial statements of the Company’s international subsidiaries, whose functional currency is other than the US dollar, for the periods presented.

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss)

 

 

 

Exchange Rate as of December 31,

 

 

For the Year Ended December 31,

 

Country

 

2018

 

2019

 

2020

 

 

2018

 

 

2019 (1)

 

 

2020 (1)

 

Brazil

 

 

3.88

 

 

4.02

 

 

5.20

 

 

$

(34,086

)

 

$

(8,140

)

 

$

(42,698

)

Argentina (1)

 

 

37.68

 

 

59.89

 

 

84.12

 

 

 

(14,357

)

 

 

 

 

 

 

Colombia

 

 

3,249.75

 

 

3,277.14

 

 

3,432.50

 

 

 

(1,795

)

 

 

(362

)

 

 

(2,183

)

Chile

 

 

694.74

 

 

736.86

 

 

714.14

 

 

 

(8,924

)

 

 

(5,158

)

 

 

1,228

 

Peru

 

 

3.39

 

 

3.37

 

 

3.65

 

 

 

(2,136

)

 

 

257

 

 

 

(3,403

)

All other

 

 

 

 

 

 

 

 

 

 

 

 

(955

)

 

 

650

 

 

 

(536

)

 

 

 

 

 

 

 

 

 

 

 

 

$

(62,253

)

 

$

(12,753

)

 

$

(47,592

)

(1)  

For Argentina, represents the cumulative comprehensive loss recorded through June 30, 2018.  The impact of translating Argentina financial results to U.S. dollars, subsequent to June 30, 2018, has been recorded in foreign currency exchange gain (loss) on the Company’s consolidated statements of income.  A loss of $3,707 and gain of $1,243 were recorded for the years ended December 31, 2019 and 2020, respectively.