Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.21.1
Foreign Currency Translation (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021 and 2020 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

 

 

Other Comprehensive Loss for

 

 

 

Exchange Rate as of

 

 

Three Months Ended

 

Country

 

March 31, 2021

 

 

December 31, 2020

 

 

March 31, 2021

 

March 31, 2020

 

Brazil

 

 

5.72

 

 

 

5.20

 

 

$

(6,912

)

$

(42,873

)

Chile

 

 

725.34

 

 

 

714.14

 

 

 

(1,025

)

 

(11,126

)

Colombia

 

 

3,736.91

 

 

 

3,432.50

 

 

 

(119

)

 

(3,274

)

Peru

 

 

3.79

 

 

 

3.65

 

 

 

(1,172

)

 

(1,450

)

All other

 

 

 

 

 

 

 

 

 

 

(237

)

 

1,098

 

 

 

 

 

 

 

 

 

 

 

$

(9,465

)

$

(57,625

)

 

 

(1)  

Beginning July 1, 2018, Argentina was deemed highly inflationary.  A gain of $226 and a loss of $294 for the three months ended March 31, 2021 and 2020, respectively, is reflected as foreign currency exchange loss on the Company’s condensed consolidated statement of income as a result of translating Argentina financial results to U.S. dollars.