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Earnings (Loss) Per Share (Tables) | 6 Months Ended
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Jun. 30, 2017
Earnings Per Share [Abstract] |
Schedule of earnings per share, basic and diluted | The following tables summarize the computations of basic and diluted earnings per share:
For the three months ended June 30, | 2017 |  | 2016
Numerator used in basic and diluted earnings per common share: |  |  |
Income from continuing operations attributable to Laureate Education, Inc. | $ | 116,386 |  |  | $ | 347,389 |
Accretion of redemption value of redeemable noncontrolling interests and equity | (6,352 | ) |  | 749 |
Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value | (919 | ) |  | (1,108 | )
Accretion of Series A convertible redeemable preferred stock | (61,934 | ) |  | — |
Distributed and undistributed earnings to participating securities | (7 | ) |  | (79 | )
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity | (69,212 | ) |  | (438 | )
Net income available to common stockholders | $ | 47,174 |  |  | $ | 346,951 |
Denominator used in basic and diluted earnings per common share: |  |  |
Basic weighted average shares outstanding | 168,591 |  |  | 133,291 |
Effect of dilutive stock options | — |  |  | 851 |
Effect of dilutive restricted stock units | 66 |  |  | 55 |
Dilutive weighted average shares outstanding | 168,657 |  |  | 134,197 |
Basic and diluted earnings per share: |  |  |
Basic earnings per share | $ | 0.28 |  |  | $ | 2.60 |
Diluted earnings per share | $ | 0.28 |  |  | $ | 2.59 |
For the six months ended June 30, | 2017 |  | 2016
Numerator used in basic and diluted (loss) earnings per common share: |  |  |
(Loss) income from continuing operations attributable to Laureate Education, Inc. | $ | (6,422 | ) |  | $ | 244,222 |
Accretion of redemption value of redeemable noncontrolling interests and equity | (530 | ) |  | 2,112 |
Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value | (6,357 | ) |  | (957 | )
Accretion of redemption value of Series A Preferred Stock | (101,194 | ) |  | — |
Distributed and undistributed earnings to participating securities | — |  |  | (78 | )
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity | (108,081 | ) |  | 1,077 |
Net (loss) income available to common stockholders | $ | (114,503 | ) |  | $ | 245,299 |
Denominator used in basic and diluted (loss) earnings per common share: |  |  |
Basic weighted average shares outstanding | 161,620 |  |  | 133,285 |
Effect of dilutive stock options | — |  |  | 862 |
Effect of dilutive restricted stock units | — |  |  | 54 |
Dilutive weighted average shares outstanding | 161,620 |  |  | 134,201 |
Basic and diluted (loss) earnings per share: |  |  |
Basic (loss) earnings per share | $ | (0.71 | ) |  | $ | 1.84 |
Diluted (loss) earnings per share | $ | (0.71 | ) |  | $ | 1.83 |
Schedule of antidilutive securities excluded from computation of earnings per share | The following table summarizes the number of stock options and shares of restricted stock that were excluded from the diluted EPS calculations because the effect would have been antidilutive:
| For the three months ended June 30, |  | For the six months ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Stock options | 13,149 |  |  | 5,523 |  |  | 12,724 |  |  | 5,512 |
Restricted stock | 173 |  |  | 141 |  |  | 529 |  |  | 114 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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