10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-322069`
Period End Date	20130630
Filing Date	20130807
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	meli-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 84 Cash Flow Statement 67 Comprehensive Income 30

Balance Sheet 86 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`	$131.19M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$71.30M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$93.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$21.32M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$19.84M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$61.62M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$35.82M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.08M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.52M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$11.04M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$12.65M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$11.40M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$11.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$275.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$313.00M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$85.96M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$59.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.08M	USD	Point-in-time
Goodwill	`Goodwill`	$2.67M	USD	Point-in-time
Goodwill	`Goodwill`	$62.09M	USD	Point-in-time
Goodwill	`Goodwill`	$60.37M	USD	Point-in-time
Goodwill	`Goodwill`	$59.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.72M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.28M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$4.83M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$5.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.96M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$216.58M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$203.31M	USD	Point-in-time
Total assets	`Assets`	$529.58M	USD	Point-in-time
Total assets	`Assets`	$478.67M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$31.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.98M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$101.47M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$114.37M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$19.40M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$19.97M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$15.37M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$19.21M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$11.87M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$84.57K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$6.31M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$4.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$198.79M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$3.45M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$6.32M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$33.98K	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$59.49K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.98M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.13M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.84M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$17.89M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$15.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$184.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$216.68M	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, 44,152,933 and 44,150,920 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,152,933 and 44,150,920 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$120.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$252.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$218.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.41M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$308.90M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$289.81M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$529.58M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$478.67M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$112.18M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$172.58M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$214.91M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$88.84M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$31.08M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$44.99M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$59.73M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$23.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$64.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$127.59M	USD	2 Qtrs
Gross profit	`GrossProfit`	$155.18M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$6.13M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$9.76M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$13.72M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$19.14M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$43.16M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$16.81M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$20.82M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$34.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.07M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$22.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$70.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$45.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$91.16M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$33.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$35.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$31.88M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$56.82M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$64.02M	USD	2 Qtrs
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`	$2.20M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$5.60M	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$531.67K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$551.62K	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$892.02K	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$474.30K	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-283.97K	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.60M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.65M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$749.01K	USD	1 Quarter
Other gains (losses), net	`OtherNonoperatingIncomeExpense`	$-11.26K	USD	2 Qtrs
Other gains (losses), net	`OtherNonoperatingIncomeExpense`	$-7.01K	USD	1 Quarter
Other gains (losses), net	`OtherNonoperatingIncomeExpense`	$1.39K	USD	1 Quarter
Other gains (losses), net	`OtherNonoperatingIncomeExpense`	$-2.34K	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$62.04M	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$66.07M	USD	2 Qtrs
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.13M	USD	1 Quarter
Net income before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.72M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$9.74M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$18.53M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$10.70M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$17.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$45.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.54M	USD	2 Qtrs
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.63K	USD	1 Quarter
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.38K	USD	1 Quarter
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$84.72K	USD	2 Qtrs
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.06K	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$25.38M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$29.98M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.01M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc. shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.46M	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$1.02	USD	2 Qtrs
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	2 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	2 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$1.07	USD	2 Qtrs
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$1.02	USD	2 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$25.38M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$29.98M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.01M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.46M	USD	2 Qtrs
Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.63K	USD	1 Quarter
Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.38K	USD	1 Quarter
Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$84.72K	USD	2 Qtrs
Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.06K	USD	2 Qtrs
Net Devaluation Loss in Venezuela	`LossRelatedToVenezuelaCurrencyDevaluation`	$6.40M	USD	1 Quarter
Net Devaluation Loss in Venezuela	`LossRelatedToVenezuelaCurrencyDevaluation`	$6.40M	USD	Point-in-time
Net Devaluation Loss in Venezuela	`LossRelatedToVenezuelaCurrencyDevaluation`	$6.42M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.46M	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-2.99M	USD	2 Qtrs
Accrued interest	`AmortizationOfFinancingCostsAndDiscounts`	$-6.22M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$2.20M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$4.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$145.97K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.03M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.22M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$31.23M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$5.81M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$730.98K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.60M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$453.36K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.76M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.38M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.68M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$21.96M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$13.46M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.33M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$548.17K	USD	2 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$3.61M	USD	2 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$6.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.16M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.49M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$411.97M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$205.38M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$449.39M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$186.84M	USD	2 Qtrs
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.22M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.39M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$12.66K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.09M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.32M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.25M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.92M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$8.34M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.13M	USD	2 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$1.01M	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$2.40K	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$3.02K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.34M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.14M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-13.41M	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`	$20.21M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.70M	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$131.19M	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`	$67.38M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$131.19M	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`	$67.38M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$45.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.54M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.40M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.67M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.63M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.82M	USD	2 Qtrs
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-771.11K	USD	1 Quarter
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$176.32K	USD	1 Quarter
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-242.77K	USD	2 Qtrs
Unrealized net (losses) gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$870.29K	USD	2 Qtrs
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$759.57K	USD	2 Qtrs
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$924.66K	USD	2 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.23M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-14.44M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.88M	USD	2 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.63M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.15M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.17M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.91M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.58M	USD	1 Quarter
Less: Comprehensive Income (loss) attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-148.51K	USD	1 Quarter
Less: Comprehensive Income (loss) attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$153.74K	USD	2 Qtrs
Less: Comprehensive Income (loss) attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$67.42K	USD	2 Qtrs
Less: Comprehensive Income (loss) attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-152.44K	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$15.73M	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$15.32M	USD	1 Quarter
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$31.85M	USD	2 Qtrs
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$38.00M	USD	2 Qtrs

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