Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.10.0.1
Foreign Currency Translation (Tables)
9 Months Ended
Sep. 30, 2018
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, 2018 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

 

 

Loss for the

 

 

 

Exchange Rate as of

 

 

Nine Months Ended

 

Country

 

September 30, 2018

 

 

December 31, 2017

 

 

September 30, 2018

 

Brazil

 

 

4.05

 

 

 

3.31

 

 

$

(42,588

)

Argentina (1)

 

 

41.29

 

 

 

18.65

 

 

 

(18,272

)

Chile

 

 

658.22

 

 

 

615.97

 

 

 

(4,822

)

All other

 

 

 

 

 

 

 

 

 

 

(1,159

)

 

 

 

 

 

 

 

 

 

 

$

(66,841

)

 

(1)  

Amount represents the cumulative comprehensive loss recorded for Argentina through September 30, 2018.  Beginning July 1, 2018, Argentina was deemed highly inflationary.  The impact of translating Argentina financial results to U.S. dollars, which was not significant, has been recorded in foreign currency exchange gain (loss) on the Company’s condensed consolidated statement of income.