10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-452129`
Period End Date	20120930
Filing Date	20121105
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	meli-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 84 Cash Flow Statement 61 Comprehensive Income 30

Balance Sheet 85 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
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.83M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.14M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$79.39M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$74.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.14M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.45M	USD	Point-in-time
Credits Cards Receivables	`ReceivablesFromCustomers`	$39.80M	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`	$2.23M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$10.66M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.13M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$6.86M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$8.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$254.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$200.25M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$43.93M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$59.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$35.22M	USD	Point-in-time
Goodwill, net	`Goodwill`	$61.36M	USD	Point-in-time
Goodwill, net	`Goodwill`	$60.50M	USD	Point-in-time
Goodwill, net	`Goodwill`	$62.09M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.54M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.14M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.79M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$175.71M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$155.69M	USD	Point-in-time
Total assets	`Assets`	$430.62M	USD	Point-in-time
Total assets	`Assets`	$355.93M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.25M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.30M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$83.56M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$69.22M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$18.02M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$13.53M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$11.63M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$12.60M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$146.19K	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$124.75K	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`	$143.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.30M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$4.14M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$3.84M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$136.23K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$74.94K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.37M	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`	$2.52M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$15.10M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$14.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$132.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$158.52M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`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, 44,150,920 and 44,142,020 shares issued and outstanding at September 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, 44,150,920 and 44,142,020 shares issued and outstanding at September 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`	$192.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$135.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.04M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$268.11M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$219.18M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$430.62M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$355.93M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$97.27M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$269.85M	USD	3 Qtrs
Net revenues	`SalesRevenueServicesNet`	$212.47M	USD	3 Qtrs
Net revenues	`SalesRevenueServicesNet`	$81.63M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$20.06M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$25.69M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$51.33M	USD	3 Qtrs
Cost of net revenues	`CostOfRevenue`	$70.68M	USD	3 Qtrs
Gross profit	`GrossProfit`	$161.13M	USD	3 Qtrs
Gross profit	`GrossProfit`	$61.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$71.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$199.16M	USD	3 Qtrs
Product and technology development	`TechnologyServicesCosts`	$5.93M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$16.60M	USD	3 Qtrs
Product and technology development	`TechnologyServicesCosts`	$7.98M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$21.70M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$18.59M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$45.57M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$52.82M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$16.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.16M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$34.11M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.98M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$31.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$90.33M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$108.63M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$90.53M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$29.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$33.71M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$70.81M	USD	3 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.91M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.93M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$7.04M	USD	3 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$9.00M	USD	3 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$1.05M	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$2.56M	USD	3 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$312.86K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$864.48K	USD	3 Qtrs
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$2.08M	USD	3 Qtrs
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$-193.53K	USD	1 Quarter
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$3.28M	USD	1 Quarter
Foreign currency (loss)/gain	`ForeignCurrencyTransactionGainBeforeTax`	$-477.50K	USD	3 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$-7.29K	USD	1 Quarter
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$253.15K	USD	3 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$-190.97K	USD	3 Qtrs
Other (loss) / income, net	`OtherNonoperatingIncomeExpense`	$-179.71K	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$77.61M	USD	3 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.95M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.10M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$97.99M	USD	3 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$26.89M	USD	3 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$9.89M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$22.44M	USD	3 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$8.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$55.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.07M	USD	1 Quarter
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.80K	USD	1 Quarter
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.86K	USD	3 Qtrs
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$522.00	USD	3 Qtrs
Less: Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$522.00	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.04M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$71.06M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.30M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$55.17M	USD	3 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$1.62	USD	3 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$1.25	USD	3 Qtrs
Basic net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	3 Qtrs
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.14M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.14M	shares	3 Qtrs
Weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$1.25	USD	3 Qtrs
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$1.62	USD	3 Qtrs
Diluted net income attributable to MercadoLibre, Inc. per common share	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	3 Qtrs
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.16M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	3 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.04M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$71.06M	USD	3 Qtrs
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.30M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$55.17M	USD	3 Qtrs
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.80K	USD	1 Quarter
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.86K	USD	3 Qtrs
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$522.00	USD	3 Qtrs
Net Income attributable to Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$522.00	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.41M	USD	3 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-4.46M	USD	3 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-2.32M	USD	3 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$2.53M	USD	3 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$3.34M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.17M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-813.54K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.29M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.82M	USD	3 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$8.19M	USD	3 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$18.85M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$276.98K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.02M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.23M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.29M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.87M	USD	3 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$16.05M	USD	3 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$19.98M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$930.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$273.02K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.29M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$344.74M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$297.57M	USD	3 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$320.44M	USD	3 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$268.53M	USD	3 Qtrs
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.47M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$119.26K	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.34M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.68M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.08M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.71M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.33M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$7.06M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$13.16M	USD	3 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$11.18K	USD	3 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$5.70K	USD	3 Qtrs
Net cash provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.15M	USD	3 Qtrs
Net cash provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.05M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.44M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.28M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$30.79M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.25M	USD	3 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$98.17M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.08M	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`	$67.38M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$98.17M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.08M	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`	$67.38M	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$55.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.07M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.51M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.79M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.08M	USD	3 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$928.18K	USD	3 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$975.18K	USD	3 Qtrs
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$104.88K	USD	1 Quarter
Unrealized net gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$546.75K	USD	1 Quarter
Realized net gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-924.66K	USD	3 Qtrs
Realized net gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-45.53K	USD	3 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.03M	USD	3 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.15M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.96M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.91M	USD	3 Qtrs
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$43.27M	USD	3 Qtrs
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$10.33M	USD	1 Quarter
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$63.07M	USD	3 Qtrs
Total Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.91M	USD	1 Quarter
Less: Comprehensive Income attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$522.00	USD	1 Quarter
Less: Comprehensive Income attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.37K	USD	1 Quarter
Less: Comprehensive Income attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$522.00	USD	3 Qtrs
Less: Comprehensive Income attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$325.50K	USD	3 Qtrs
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$62.74M	USD	3 Qtrs
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$43.27M	USD	3 Qtrs
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$10.33M	USD	1 Quarter
Comprehensive income attributable to MercadoLibre, Inc.	`ComprehensiveIncomeNetOfTax`	$24.84M	USD	1 Quarter

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