10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-334988`
Period End Date	20120630
Filing Date	20120803
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	meli-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 83 Cash Flow Statement 63 Stockholders Equity 30 Comprehensive Income 29

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.14M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$83.02M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.14M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$74.93M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.56M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.82M	USD	Point-in-time
Credits Cards Receivables	`ReceivablesFromCustomers`	$28.02M	USD	Point-in-time
Credits Cards Receivables	`ReceivablesFromCustomers`	$23.86M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.27M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.94M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.37M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.13M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$7.04M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$6.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$233.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$200.25M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$49.57M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$43.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$35.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.88M	USD	Point-in-time
Goodwill, net	`Goodwill`	$61.11M	USD	Point-in-time
Goodwill, net	`Goodwill`	$62.09M	USD	Point-in-time
Goodwill, net	`Goodwill`	$60.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.62M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.49M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$5.97M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.63M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$165.01M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$155.69M	USD	Point-in-time
Total assets	`Assets`	$398.55M	USD	Point-in-time
Total assets	`Assets`	$355.93M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.30M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.25M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$69.22M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$77.70M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$13.53M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$14.72M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$10.35M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$11.63M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$146.60K	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$146.19K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.53M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$4.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.30M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$3.82M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNonCurrent`	$3.84M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$94.09K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$136.23K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.55M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.67M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.21M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$14.45M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$14.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$146.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$132.75M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$4.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$4.00M	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,148,720 and 44,142,020 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$44.14K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,148,720 and 44,142,020 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$135.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$171.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.04M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$197.63M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$219.18M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$171.72M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$247.84M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$398.55M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$355.93M	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$69.38M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$130.84M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$172.58M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$88.84M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$23.89M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$44.99M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$31.27M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$16.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$127.59M	USD	2 Qtrs
Gross profit	`GrossProfit`	$64.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$52.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$99.57M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$10.68M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$5.52M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$13.72M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$6.13M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$34.23M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$15.64M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$16.81M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$28.87M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$58.72M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$33.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$70.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$30.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$40.84M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$31.88M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$21.55M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$56.82M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.25M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$6.07M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.98M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$4.12M	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$1.51M	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$474.30K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$880.82K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$551.62K	USD	2 Qtrs
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$-1.20M	USD	2 Qtrs
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$749.01K	USD	1 Quarter
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$-702.71K	USD	1 Quarter
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$-283.97K	USD	2 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$-11.26K	USD	2 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$-7.01K	USD	1 Quarter
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$260.44K	USD	2 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$240.10K	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$62.04M	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.51M	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.13M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.46M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$17.01M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$7.64M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$13.64M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$9.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$45.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$28.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.39M	USD	1 Quarter
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.63K	USD	1 Quarter
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.06K	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.82M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.01M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.90M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$25.38M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.88M	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.65	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$1.02	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.14M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.13M	shares	2 Qtrs
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$1.02	USD	2 Qtrs
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.82M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.01M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.90M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$25.38M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.88M	USD	2 Qtrs
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.63K	USD	1 Quarter
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.06K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.31M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.06M	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-2.61M	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-2.35M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$2.30M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$2.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$145.97K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.48M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$164.56K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.03M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$1.78M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$5.81M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$393.48K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$730.98K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$453.36K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.07M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.77M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.68M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$13.46M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$6.72M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$548.17K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$430.61K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.73M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$205.38M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$201.00M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$171.09M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$186.84M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$108.82K	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.39M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.32M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.25M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.26M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.25M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.53M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$8.34M	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$10.71K	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$2.40K	USD	2 Qtrs
Net cash provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.52M	USD	2 Qtrs
Net cash provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.34M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$465.12K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.68M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.58M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.21M	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$87.60M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$87.60M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.25M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$34.22K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$26.43K	USD	2 Qtrs
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$19.04M	USD	2 Qtrs
Cash paid for income and asset taxes	`IncomeTaxesPaid`	$14.81M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$197.63M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$219.18M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$247.84M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$469.00	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.71K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.40K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$26.99K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$22.25K	USD	2 Qtrs
Stock-based compensation LTRP	`StockBasedCompensationLtrp`	$11.04K	USD	2 Qtrs
Dividend Distribution	`DividendsCommonStockCash`	$7.06M	USD	2 Qtrs
Dividend Distribution	`DividendsCommonStockCash`	$9.62M	USD	2 Qtrs
Dividend Distribution	`DividendsCommonStockCash`	$7.06M	USD	2 Qtrs
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	$179.10K	USD	1 Quarter
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	$-137.20K	USD	2 Qtrs
Change in redeemable amount of noncontrolling interest	`ChangeInRedeemableAmountOfNoncontrollingInterest`	$610.85K	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.82M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.01M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.90M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$25.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.88M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.23M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.06M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.23M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.88M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$197.63M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$219.18M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$171.72M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$247.84M	USD	Point-in-time

Comprehensive Income 29 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$45.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$28.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.39M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.82M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.72M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.83M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.40M	USD	1 Quarter
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$870.29K	USD	2 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$381.44K	USD	2 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$176.32K	USD	1 Quarter
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$399.63K	USD	1 Quarter
Realized net gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-924.66K	USD	2 Qtrs
Realized net gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-45.53K	USD	2 Qtrs
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-18.70M	USD	2 Qtrs
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.23M	USD	1 Quarter
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.06M	USD	2 Qtrs
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.23M	USD	1 Quarter
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.88M	USD	2 Qtrs
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.94M	USD	2 Qtrs
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.17M	USD	1 Quarter
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.05M	USD	1 Quarter
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.15M	USD	2 Qtrs
Less: Comprehensive Income (loss) attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$153.74K	USD	2 Qtrs
Less: Comprehensive Income (loss) attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-148.51K	USD	1 Quarter
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$38.00M	USD	2 Qtrs
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$32.94M	USD	2 Qtrs
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$18.05M	USD	1 Quarter
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$15.32M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.