XML 150 R121.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Data (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]                      
Revenues $ 285,219 $ 243,523 $ 303,856 $ 192,319 $ 351,846 $ 277,267 $ 370,938 $ 212,019 $ 1,024,917 $ 1,212,070 $ 1,144,574
Operating costs and expenses 248,343 561,758 274,713 269,405 294,527 295,678 318,963 266,882      
Operating (loss) income 36,876 (318,235) 29,143 (77,086) 57,319 (18,411) 51,975 (54,863) (329,302) 36,020 (26,792)
Loss from continuing operations (244,095) (271,040) (11,559) 206,096 61,193 (86,649) 93,924 (218,951) (320,598) (150,483) (191,317)
Income (loss) from discontinued operations, net of tax 623,135 (513,390) (300,069) (107,780) (616) (10,145) 685,694 413,214      
Net loss (income) attributable to noncontrolling interests 279 (12) 3,805 1,299 298 1,568 1,976 (3,022) 5,371 820 (863)
Net (loss) income attributable to Laureate Education, Inc. 379,319 (784,442) (307,823) 99,615 60,875 (95,226) 781,594 191,241 (613,331) 938,484 370,067
Accretion of redeemable noncontrolling interests and equity and, for 2018, Series A convertible redeemable preferred stock (14) 6 201 (44) (472) (193) 194 263 149 (208) (62,825)
Net (loss) income available to common stockholders $ 379,305 $ (784,436) $ (307,622) $ 99,571 $ 60,403 $ (95,419) $ 781,788 $ 191,504 $ (613,182) $ 938,276 $ 381,352
Basic earnings (loss) per share:                      
Loss from continuing operations (in dollars per share) $ (1.17) $ (1.29) $ (0.05) $ 0.98 $ 0.28 $ (0.39) $ 0.42 $ (0.97) $ (1.53) $ (0.68) $ (0.85)
(Loss) income from discontinued operations (in dollars per share) 2.98 (2.44) (1.41) (0.51) 0 (0.04) 3.06 1.82 $ (1.40) $ 4.91 $ 2.64
Basic and diluted earnings (loss) per share (in dollars per share) $ 1.81 $ (3.73) $ (1.46) $ 0.47 $ 0.28 $ (0.43) $ 3.48 $ 0.85