Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.21.2
Foreign Currency Translation (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2021 and 2020 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

Other Comprehensive Loss for

 

 

 

Exchange Rate as of

 

 

Nine Months Ended

 

Country

 

September 30, 2021

 

 

December 31, 2020

 

 

September 30, 2021

 

September 30, 2020

 

Brazil

 

 

5.43

 

 

 

5.20

 

 

$

(3,368

)

$

(51,453

)

Chile

 

 

811.13

 

 

 

714.14

 

 

 

(7,967

)

 

(5,046

)

Colombia

 

 

3,834.68

 

 

 

3,432.50

 

 

 

(140

)

 

(2,584

)

Peru

 

 

4.16

 

 

 

3.65

 

 

 

(3,609

)

 

(3,187

)

All other

 

 

 

 

 

 

 

 

74

 

 

(560

)

 

 

 

 

 

 

 

 

$

(15,010

)

$

(62,830

)

Beginning July 1, 2018, Argentina was deemed highly inflationary. A gain of $345 and $1,053 for the nine months ended September 30, 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.