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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) | Quarterly Financial Data (Unaudited) The following quarterly financial information reflects all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods. Earnings per share are computed independently for each of the quarters presented. Per share amounts may not sum due to rounding. Summarized quarterly operating data were as follows:
| 2020 Quarters Ended
Per share amounts in whole dollars | December 31 |  | September 30 |  | June 30 |  | March 31
Revenues | $ | 285,219 |  |  | $ | 243,523 |  |  | $ | 303,856 |  |  | $ | 192,319 |
Operating costs and expenses | 248,343 |  |  | 561,758 |  |  | 274,713 |  |  | 269,405 |
Operating income (loss) | $ | 36,876 |  |  | $ | (318,235) |  |  | $ | 29,143 |  |  | $ | (77,086) |
(Loss) income from continuing operations | $ | (244,095) |  |  | $ | (271,040) |  |  | $ | (11,559) |  |  | $ | 206,096 |
Income (loss) from discontinued operations, net of tax | 623,135 |  |  | (513,390) |  |  | (300,069) |  |  | (107,780) |
Net loss (income) attributable to noncontrolling interests | 279 |  |  | (12) |  |  | 3,805 |  |  | 1,299 |
Net income (loss) attributable to Laureate Education, Inc. | 379,319 |  |  | (784,442) |  |  | (307,823) |  |  | 99,615 |
Accretion of redeemable noncontrolling interests and equity | (14) |  |  | 6 |  |  | 201 |  |  | (44) |
Net income (loss) available to common stockholders | $ | 379,305 |  |  | $ | (784,436) |  |  | $ | (307,622) |  |  | $ | 99,571 |
Basic and diluted earnings (loss) per share: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (1.17) |  |  | $ | (1.29) |  |  | $ | (0.05) |  |  | $ | 0.98 |
Income (loss) from discontinued operations | 2.98 |  |  | (2.44) |  |  | (1.41) |  |  | (0.51) |
Basic and diluted earnings (loss) per share | $ | 1.81 |  |  | $ | (3.73) |  |  | $ | (1.46) |  |  | $ | 0.47 |
| 2019 Quarters Ended
Per share amounts in whole dollars | December 31 |  | September 30 |  | June 30 |  | March 31
Revenues | $ | 351,846 |  |  | $ | 277,267 |  |  | $ | 370,938 |  |  | $ | 212,019 |
Operating costs and expenses | 294,527 |  |  | 295,678 |  |  | 318,963 |  |  | 266,882 |
Operating income (loss) | $ | 57,319 |  |  | $ | (18,411) |  |  | $ | 51,975 |  |  | $ | (54,863) |
Income (loss) from continuing operations | $ | 61,193 |  |  | $ | (86,649) |  |  | $ | 93,924 |  |  | $ | (218,951) |
(Loss) income from discontinued operations, net of tax | (616) |  |  | (10,145) |  |  | 685,694 |  |  | 413,214 |
Net loss (income) attributable to noncontrolling interests | 298 |  |  | 1,568 |  |  | 1,976 |  |  | (3,022) |
Net income (loss) attributable to Laureate Education, Inc. | 60,875 |  |  | (95,226) |  |  | 781,594 |  |  | 191,241 |
Accretion of redeemable noncontrolling interests and equity | (472) |  |  | (193) |  |  | 194 |  |  | 263 |
Net income (loss) available to common stockholders | $ | 60,403 |  |  | $ | (95,419) |  |  | $ | 781,788 |  |  | $ | 191,504 |
Basic and diluted earnings (loss) per share: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 0.28 |  |  | $ | (0.39) |  |  | $ | 0.42 |  |  | $ | (0.97) |
Income (loss) from discontinued operations | — |  |  | (0.04) |  |  | 3.06 |  |  | 1.82 |
Basic and diluted earnings (loss) per share | $ | 0.28 |  |  | $ | (0.43) |  |  | $ | 3.48 |  |  | $ | 0.85 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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