Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.22.2.2
Foreign Currency Translation (Tables)
9 Months Ended
Sep. 30, 2022
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, 2022 and September 30, 2021 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

Other Comprehensive Income (Loss) for

 

 

 

Exchange Rate as of

 

 

Nine Months Ended

 

Country

 

September 30, 2022

 

 

December 31, 2021

 

 

September 30, 2022

 

September 30, 2021

 

Brazil

 

 

5.40

 

 

 

5.57

 

 

$

0.4

 

$

(3.4

)

Chile

 

 

965.80

 

 

 

852.00

 

 

 

(7.7

)

 

(7.9

)

Peru

 

 

3.99

 

 

 

4.02

 

 

 

0.2

 

 

(3.6

)

All other

 

 

 

 

 

 

 

 

1.2

 

 

(0.1

)

 

 

 

 

 

 

 

 

$

(5.9

)

$

(15.0

)

As noted above, beginning July 1, 2018, Argentina was deemed highly inflationary. A foreign currency exchange loss of $5.1 and gain of $0.4 was recorded for the nine months ended September 30, 2022 and 2021, respectively, as a result of translating Argentina's financial results to U.S. dollars.