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Stockholders' Equity | 3 Months Ended
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Mar. 31, 2019
Equity [Abstract] |
Stockholders' Equity | Stockholders' Equity The components of net changes in stockholders' equity for the three months ended March 31, 2019 were as follows:
| Laureate Education, Inc. Stockholders |  |
| Class A Common Stock | Class B Common Stock | Additional paid-in capital | (Accumulated deficit) retained earnings | Accumulated other comprehensive (loss) income | Non-controlling interests | Total stockholders' equity
| Shares | Amount | Shares | Amount
Balance at December 31, 2018 | 107,450 | $ | 430 |  | 116,865 |  | $ | 467 |  | $ | 3,703,796 |  | $ | (530,919 | ) | $ | (1,112,695 | ) | $ | (10,133 | ) | $ | 2,050,946 |
Adoption of accounting standards | — |  | — |  | — |  | — |  | — |  | 28,944 |  | — |  | — |  | 28,944 |
Balance at January 1, 2019 | 107,450 |  | 430 |  | 116,865 |  | 467 |  | 3,703,796 |  | (501,975 | ) | (1,112,695 | ) | (10,133 | ) | 2,079,890 |
Non-cash stock compensation | — |  | — |  | — |  | — |  | 3,149 |  | — |  | — |  | — |  | 3,149 |
Conversion of Class B shares to Class A shares | 8 |  | — |  | (8 | ) | — |  | — |  | — |  | — |  | — |  | — |
Vesting of restricted stock, net of shares withheld to satisfy tax withholding | 325 |  | 1 |  | — |  | — |  | (1,421 | ) | — |  | — |  | — |  | (1,420 | )
Distributions to noncontrolling interest holders | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (625 | ) | (625 | )
Accretion of redeemable noncontrolling interests and equity | — |  | — |  | — |  | — |  | 263 |  | — |  | — |  | — |  | 263 |
Reclassification of redeemable noncontrolling interests and equity | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 224 |  | 224 |
Net income | — |  | — |  | — |  | — |  | — |  | 191,243 |  | — |  | 3,022 |  | 194,265 |
Foreign currency translation adjustment, net of tax of $0 | — |  | — |  | — |  | — |  | — |  | — |  | 49,521 |  | 30 |  | 49,551 |
Unrealized gain on derivatives, net of tax of $0 | — |  | — |  | — |  | — |  | — |  | — |  | 2,609 |  | — |  | 2,609 |
Balance at March 31, 2019 | 107,783 |  | $ | 431 |  | 116,857 |  | $ | 467 |  | $ | 3,705,787 |  | $ | (310,732 | ) | $ | (1,060,565 | ) | $ | (7,482 | ) | $ | 2,327,906 |
As described in Note 2, Significant Accounting Policies, the change in beginning retained earnings resulting from the adoption of accounting standards represents the cumulative impact of adopting ASU 2016-02. The components of net changes in stockholders' equity for the three months ended March 31, 2018 were as follows:
| Laureate Education, Inc. Stockholders |  |
| Class A Common Stock | Class B Common Stock | Additional paid-in capital | (Accumulated deficit) retained earnings | Accumulated other comprehensive (loss) income | Non-controlling interests | Total stockholders' equity
| Shares | Amount | Shares | Amount
Balance at December 31, 2017 | 55,052 |  | $ | 220 |  | 132,443 |  | $ | 530 |  | $ | 3,446,206 |  | $ | (946,236 | ) | $ | (925,556 | ) | $ | 12,118 |  | $ | 1,587,282 |
Adoption of accounting standards | — |  | — |  | — |  | — |  | — |  | 5,074 |  | — |  | — |  | 5,074 |
Balance at January 1, 2018 | 55,052 |  | 220 |  | 132,443 |  | 530 |  | 3,446,206 |  | (941,162 | ) | (925,556 | ) | 12,118 |  | 1,592,356 |
Non-cash stock compensation | — |  | — |  | — |  | — |  | (3,756 | ) | — |  | — |  | — |  | (3,756 | )
Conversion of Class B shares to Class A shares | 59 |  | — |  | (59 | ) | — |  | — |  | — |  | — |  | — |  | — |
Vesting of restricted stock, net of shares withheld to satisfy tax withholding | 145 |  | 1 |  | 59 |  | — |  | (804 | ) | — |  | — |  | — |  | (803 | )
Distributions from noncontrolling interest holders | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 581 |  | 581 |
Change in noncontrolling interests | — |  | — |  | — |  | — |  | (468 | ) | — |  | — |  | (20,575 | ) | (21,043 | )
Accretion of redeemable noncontrolling interests and equity | — |  | — |  | — |  | — |  | (76 | ) | — |  | — |  | — |  | (76 | )
Accretion of Series A Convertible Redeemable Preferred Stock | — |  | — |  | — |  | — |  | (57,324 | ) | — |  | — |  | — |  | (57,324 | )
Reclassification of redeemable noncontrolling interests and equity | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 38 |  | 38 |
Net income | — |  | — |  | — |  | — |  | — |  | 168,879 |  | — |  | 2,666 |  | 171,545 |
Foreign currency translation adjustment, net of tax of $0 | — |  | — |  | — |  | — |  | — |  | — |  | 83,648 |  | (279 | ) | 83,369 |
Unrealized gain on derivatives, net of tax of $0 | — |  | — |  | — |  | — |  | — |  | — |  | 2,210 |  | — |  | 2,210 |
Minimum pension liability adjustment, net of tax of $0 | — |  | — |  | — |  | — |  | — |  | — |  | 376 |  | — |  | 376 |
Balance at March 31, 2018 | 55,256 |  | $ | 221 |  | 132,443 |  | $ | 530 |  | $ | 3,383,778 |  | $ | (772,283 | ) | $ | (839,322 | ) | $ | (5,451 | ) | $ | 1,767,473 |
Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) (AOCI) in our Consolidated Balance Sheets includes the accumulated translation adjustments arising from translation of foreign subsidiaries' financial statements, the unrealized gains on derivatives designated as cash flow hedges, and the accumulated net gains or losses that are not recognized as components of net periodic benefit cost for our minimum pension liability. The components of these balances were as follows:
| March 31, 2019 |  | December 31, 2018
| Laureate Education, Inc. | Noncontrolling Interests | Total |  | Laureate Education, Inc. | Noncontrolling Interests | Total
Foreign currency translation loss | $ | (1,078,198 | ) | $ | 489 |  | $ | (1,077,709 | ) |  | $ | (1,127,719 | ) | $ | 459 |  | $ | (1,127,260 | )
Unrealized gain on derivatives | 20,975 |  | — |  | 20,975 |  |  | 18,366 |  | — |  | 18,366 |
Minimum pension liability adjustment | (3,342 | ) | — |  | (3,342 | ) |  | (3,342 | ) | — |  | (3,342 | )
Accumulated other comprehensive loss | $ | (1,060,565 | ) | $ | 489 |  | $ | (1,060,076 | ) |  | $ | (1,112,695 | ) | $ | 459 |  | $ | (1,112,236 | )

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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