XML 75 R46.htm IDEA: XBRL DOCUMENT v3.10.0.1
Significant Accounting Policies - Schedule of Variable Interest Entities (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Jan. 31, 2018
entity
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Variable Interest Entity [Line Items]            
Number of VIEs sold | entity 1          
Revenues, by segment:            
Revenues   $ 1,247,917 $ 1,277,439 $ 2,133,205 $ 2,133,372  
Depreciation and amortization       130,164 131,465  
Operating (loss) income, by segment:            
Operating income   265,773 243,850 238,314 180,983  
Net income   223,954 117,098 395,499 (3,256)  
Net income (loss) attributable to Laureate Education, Inc.   224,410 116,386 393,289 (6,422)  
Balance Sheets data:            
Cash and cash equivalents   402,402 367,163 402,402 367,163 $ 468,733
Current assets held for sale   35,955   35,955   102,623
Other current assets   833,344   833,344   717,498
Total current assets (includes VIE amounts of $460,755 and $407,315, see Note 2)   1,271,701   1,271,701   1,288,854
Goodwill   1,819,006   1,819,006   1,954,666
Tradenames   1,242,964   1,242,964   1,295,614
Other intangible assets, net   29,017   29,017   35,927
Long-term assets held for sale   276,947   276,947   392,391
Other long-term assets   2,290,889   2,290,889   2,424,271
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   6,930,524   6,930,524   7,391,723
Current liabilities held for sale   85,135   85,135   176,719
Other current liabilities   1,166,782   1,166,782   1,198,030
Long-term liabilities held for sale   79,912   79,912   94,407
Long-term debt and other long-term liabilities   3,470,611   3,470,611   3,921,288
Total liabilities (includes VIE amounts of $312,920 and $449,561, see Note 2)   4,802,440   4,802,440   5,390,444
Total stockholders' equity   2,115,104   2,115,104   1,587,282
Total stockholders' equity attributable to Laureate Education, Inc.   2,124,762   2,124,762   1,575,164
Brazil            
Balance Sheets data:            
Goodwill   434,214   434,214   493,373
Mexico            
Balance Sheets data:            
Goodwill   498,065   498,065   503,373
Andean & Iberian            
Balance Sheets data:            
Goodwill   314,619   314,619   321,762
Central America & U.S. Campuses            
Balance Sheets data:            
Goodwill   0   0   58,005
EMEAA            
Balance Sheets data:            
Goodwill   111,368   111,368   117,413
Operating Segments | Brazil            
Revenues, by segment:            
Revenues   225,599 260,641 348,391 377,474  
Balance Sheets data:            
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   1,131,655   1,131,655   1,256,364
Operating Segments | Mexico            
Revenues, by segment:            
Revenues   159,645 159,959 315,543 310,819  
Balance Sheets data:            
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   966,869   966,869   969,400
Operating Segments | Andean & Iberian            
Revenues, by segment:            
Revenues   486,459 434,397 702,689 615,547  
Balance Sheets data:            
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   2,107,779   2,107,779   2,117,317
Operating Segments | Central America & U.S. Campuses            
Revenues, by segment:            
Revenues   78,419 73,112 157,445 149,483  
Balance Sheets data:            
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   365,437   365,437   376,070
Operating Segments | EMEAA            
Revenues, by segment:            
Revenues   138,445 182,153 285,479 341,986  
Balance Sheets data:            
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   753,076   753,076   1,022,569
Other operations            
Operating (loss) income, by segment:            
Operating income   265,773 243,850 238,314 180,983  
Net income (loss) attributable to Laureate Education, Inc.   198,616 184,031 168,082 214,799  
Corporate and eliminations            
Operating (loss) income, by segment:            
Net income (loss) attributable to Laureate Education, Inc.   (53,256) (109,600) 168,886 (242,240)  
Variable Interest Entity, Primary Beneficiary            
Balance Sheets data:            
Cash and cash equivalents   187,604   187,604   231,940
Current assets held for sale   0   0   22,246
Other current assets   273,151   273,151   153,129
Total current assets (includes VIE amounts of $460,755 and $407,315, see Note 2)   460,755   460,755   407,315
Goodwill   186,514   186,514   192,230
Tradenames   91,295   91,295   110,577
Other intangible assets, net   0   0   0
Long-term assets held for sale   0   0   185,139
Other long-term assets   512,067   512,067   524,318
Total assets (includes VIE amounts of $1,250,631 and $1,419,579, see Note 2)   1,250,631   1,250,631   1,419,579
Current liabilities held for sale   0   0   64,895
Other current liabilities   241,437   241,437   276,252
Long-term liabilities held for sale   0   0   41,732
Long-term debt and other long-term liabilities   71,483   71,483   66,682
Total liabilities (includes VIE amounts of $312,920 and $449,561, see Note 2)   312,920   312,920   449,561
Total stockholders' equity   937,711   937,711   970,018
Total stockholders' equity attributable to Laureate Education, Inc.   937,480   937,480   $ 948,966
Variable Interest Entity, Primary Beneficiary | Operating Segments            
Revenues, by segment:            
Revenues   215,414 220,564 346,786 350,463  
Depreciation and amortization   10,594 12,651 21,617 25,473  
Operating (loss) income, by segment:            
Operating income   51,186 39,533 24,215 10,341  
Net income   78,926 43,152 56,457 23,040  
Net income (loss) attributable to Laureate Education, Inc.   79,050 41,955 56,321 21,019  
Variable Interest Entity, Primary Beneficiary | Operating Segments | Brazil            
Revenues, by segment:            
Revenues   0 46 0 46  
Operating (loss) income, by segment:            
Operating income   (22) 14 (40) (7)  
Variable Interest Entity, Primary Beneficiary | Operating Segments | Mexico            
Revenues, by segment:            
Revenues   86 0 86 0  
Operating (loss) income, by segment:            
Operating income   (71) (161) (228) (353)  
Variable Interest Entity, Primary Beneficiary | Operating Segments | Andean & Iberian            
Revenues, by segment:            
Revenues   150,504 137,580 205,540 185,891  
Operating (loss) income, by segment:            
Operating income   33,996 31,772 (5,266) (10,151)  
Variable Interest Entity, Primary Beneficiary | Operating Segments | Central America & U.S. Campuses            
Revenues, by segment:            
Revenues   17,506 15,636 32,646 31,011  
Operating (loss) income, by segment:            
Operating income   1,853 (92) 1,548 963  
Variable Interest Entity, Primary Beneficiary | Operating Segments | EMEAA            
Revenues, by segment:            
Revenues   47,318 67,302 108,514 133,515  
Operating (loss) income, by segment:            
Operating income   $ 15,430 $ 8,000 $ 28,201 $ 19,889