10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-303451`
Period End Date	20140630
Filing Date	20140811
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	meli-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 84 Cash Flow Statement 73 Comprehensive Income 30

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`	$140.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$385.52M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$105.23M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$76.59M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.15M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$25.88M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.69M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$52.05M	USD	Point-in-time
Credit cards receivables, net	`ReceivablesFromCustomers`	$59.43M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.98M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.84M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$16.03M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$14.96M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$9.40M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$11.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$614.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$326.16M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$45.72M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$52.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$83.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$131.37M	USD	Point-in-time
Goodwill	`Goodwill`	$70.27M	USD	Point-in-time
Goodwill	`Goodwill`	$55.10M	USD	Point-in-time
Goodwill	`Goodwill`	$60.37M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$25.68M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.59M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$3.01M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$15.62M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$26.25M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$273.75M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$266.20M	USD	Point-in-time
Total assets	`Assets`	$592.36M	USD	Point-in-time
Total assets	`Assets`	$887.96M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$40.68M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$34.41M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$129.04M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$147.91M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$20.50M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$23.18M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$17.85M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$18.44M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$13.37M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$2.26M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$3.33M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$6.31M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$7.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$240.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$224.17M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$9.19M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$6.19M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$2.49M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$278.36M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$5.34M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$18.29M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.15M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$309.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$20.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$244.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$549.45M	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, 44,153,892 and 44,153,473 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 44,153,892 and 44,153,473 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$44.15K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$121.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$137.57M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$310.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulated`	$300.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-103.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-87.46M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$343.48M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$334.52M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$592.36M	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interest and Equity	`LiabilitiesAndStockholdersEquity`	$887.96M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueServicesNet`	$131.85M	USD	1 Quarter
Net revenues	`SalesRevenueServicesNet`	$247.23M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$214.91M	USD	2 Qtrs
Net revenues	`SalesRevenueServicesNet`	$112.18M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$59.73M	USD	2 Qtrs
Cost of net revenues	`CostOfRevenue`	$36.37M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$31.08M	USD	1 Quarter
Cost of net revenues	`CostOfRevenue`	$67.91M	USD	2 Qtrs
Gross profit	`GrossProfit`	$81.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$95.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$155.18M	USD	2 Qtrs
Gross profit	`GrossProfit`	$179.32M	USD	2 Qtrs
Product and technology development	`TechnologyServicesCosts`	$9.76M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$11.74M	USD	1 Quarter
Product and technology development	`TechnologyServicesCosts`	$24.00M	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`	$48.82M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$20.82M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$26.47M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.68M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.07M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.92M	USD	2 Qtrs
Impairment of Long-Lived Assets	`AssetImpairmentCharges`	$49.50M	USD	2 Qtrs
Impairment of Long-Lived Assets	`AssetImpairmentCharges`	$49.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$45.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$91.16M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$151.23M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$101.39M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$64.02M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-5.91M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$35.45M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$28.09M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$3.57M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$5.60M	USD	2 Qtrs
Interest income and other financial gains	`InvestmentIncomeInterest`	$2.20M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$6.61M	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$778.15K	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$1.81M	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$892.02K	USD	2 Qtrs
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$531.67K	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.60M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.87M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.96M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.65M	USD	2 Qtrs
Other (losses) gains, net	`OtherNonoperatingIncomeExpense`	$1.39K	USD	1 Quarter
Other (losses) gains, net	`OtherNonoperatingIncomeExpense`	$-2.34K	USD	2 Qtrs
Net income (loss) before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.02M	USD	2 Qtrs
Net income (loss) before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.08M	USD	1 Quarter
Net income (loss) before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$66.07M	USD	2 Qtrs
Net income (loss) before income / asset tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$40.72M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$18.53M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$15.28M	USD	2 Qtrs
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$6.51M	USD	1 Quarter
Income / asset tax expense	`IncomeTaxExpenseBenefit`	$10.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.74M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-25.59M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$47.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$30.02M	USD	1 Quarter
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.55K	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`	$42.38K	USD	1 Quarter
Less: Net Income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$69.53K	USD	2 Qtrs
Net income (loss) attributable to MercadoLibre, Inc. shareholders	`NetIncomeLoss`	$-25.59M	USD	1 Quarter
Net income (loss) attributable to MercadoLibre, Inc. shareholders	`NetIncomeLoss`	$29.98M	USD	1 Quarter
Net income (loss) attributable to MercadoLibre, Inc. shareholders	`NetIncomeLoss`	$4.67M	USD	2 Qtrs
Net income (loss) attributable to MercadoLibre, Inc. shareholders	`NetIncomeLoss`	$47.46M	USD	2 Qtrs
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$-0.58	USD	1 Quarter
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareBasic`	$0.11	USD	2 Qtrs
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
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	44.15M	shares	1 Quarter
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$1.07	USD	2 Qtrs
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share	`EarningsPerShareDiluted`	$-0.58	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.18M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.17M	shares	2 Qtrs
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.15M	shares	2 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLoss`	$-25.59M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLoss`	$29.98M	USD	1 Quarter
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLoss`	$4.67M	USD	2 Qtrs
Net income attributable to MercadoLibre, Inc. Shareholders	`NetIncomeLoss`	$47.46M	USD	2 Qtrs
Net income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.55K	USD	1 Quarter
Net income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$84.72K	USD	2 Qtrs
Net income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.38K	USD	1 Quarter
Net income attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$69.53K	USD	2 Qtrs
Net Devaluation Loss in Venezuela and Argentina	`ForeignCurrencyTransactionLossBeforeTax`	$13.81M	USD	2 Qtrs
Net Devaluation Loss in Venezuela and Argentina	`ForeignCurrencyTransactionLossBeforeTax`	$6.42M	USD	2 Qtrs
Impairment of Long-Lived Assets	`AssetImpairmentCharges`	$49.50M	USD	2 Qtrs
Impairment of Long-Lived Assets	`AssetImpairmentCharges`	$49.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.46M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.58M	USD	2 Qtrs
Accrued interest	`AccruedInterestFromInvestments`	$4.21M	USD	2 Qtrs
Accrued interest	`AccruedInterestFromInvestments`	$2.99M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$1.93M	USD	2 Qtrs
LTRP accrued compensation	`ShareBasedCompensation`	$4.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-8.67M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.22M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.79M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$31.23M	USD	2 Qtrs
Credit Card Receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$15.28M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.60M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.53M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.49M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.76M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.77M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.38M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$21.96M	USD	2 Qtrs
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$21.97M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.35M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.33M	USD	2 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$6.39M	USD	2 Qtrs
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$4.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$87.91M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$59.16M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$774.42M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$411.97M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$449.39M	USD	2 Qtrs
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$746.11M	USD	2 Qtrs
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.22M	USD	2 Qtrs
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$32.13M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$12.66K	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.95M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.63M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-77.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.92M	USD	2 Qtrs
Funds received from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	$330.00M	USD	2 Qtrs
Transaction costs from the issuance of convertible notes	`PaymentsOfFinancingCosts`	$7.42M	USD	2 Qtrs
Purchase of convertible note capped call	`PaymentsForHedgeFinancingActivities`	$19.67M	USD	2 Qtrs
Payments on loans payable and other financial liabilities	`RepaymentsOfLongTermDebt`	$2.73M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$13.64M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.13M	USD	2 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$1.94M	USD	2 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$1.01M	USD	2 Qtrs
Stock options exercised	`ProceedsFromStockOptionsExercised`	$3.02K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$284.59M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-12.14M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-50.25M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-13.41M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$245.24M	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`	$140.29M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$131.19M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$101.49M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$385.52M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$140.29M	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`	$101.49M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$385.52M	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$4.74M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-25.59M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$47.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$30.02M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$508.91K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.10M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.67M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.63M	USD	2 Qtrs
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-242.77K	USD	2 Qtrs
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$83.56K	USD	1 Quarter
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$121.89K	USD	2 Qtrs
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-771.11K	USD	1 Quarter
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$25.47K	USD	2 Qtrs
Less: reclassification adjustment for gains on available for sale investments included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$759.57K	USD	2 Qtrs
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`	$-16.01M	USD	2 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.63M	USD	2 Qtrs
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$592.48K	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-25.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.91M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.58M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.27M	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$67.42K	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-152.44K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.81K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.89K	USD	2 Qtrs
Comprehensive (loss) income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$-25.02M	USD	1 Quarter
Comprehensive (loss) income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$-11.37M	USD	2 Qtrs
Comprehensive (loss) income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$15.73M	USD	1 Quarter
Comprehensive (loss) income attributable to MercadoLibre, Inc. Shareholders	`ComprehensiveIncomeNetOfTax`	$31.85M	USD	2 Qtrs

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