XML 53 R37.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings (Loss) Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Earnings Per Share [Abstract] |
Schedule of earnings per share, basic and diluted | The following tables summarize the computations of basic and diluted earnings (loss) per share:
For the three months ended June 30, | 2021 |  | 2020
Numerator used in basic and diluted earnings (loss) per common share for continuing operations: |  |  |
Loss from continuing operations | $ | (115,885) |  |  | $ | (11,559) |
Loss attributable to noncontrolling interests | 2 |  |  | 27 |
Loss from continuing operations attributable to Laureate Education, Inc. | (115,883) |  |  | (11,532) |
Accretion of redemption value of redeemable noncontrolling interests and equity | (68) |  |  | 201 |
Net loss from continuing operations for basic and diluted earnings (loss) per share | $ | (115,951) |  |  | $ | (11,331) |
Numerator used in basic and diluted earnings (loss) per common share for discontinued operations: |  |  |
Income (loss) from discontinued operations, net of tax | $ | 86,661 |  |  | $ | (300,069) |
Loss attributable to noncontrolling interests | 222 |  |  | 3,778 |
Net income (loss) from discontinued operations for basic and diluted earnings (loss) per share | $ | 86,883 |  |  | $ | (296,291) |
Denominator used in basic and diluted earnings (loss) per common share: |  |  |
Basic and diluted weighted average shares outstanding | 191,990 |  |  | 209,929 |
Basic and diluted earnings (loss) per share: |  |  |
Loss from continuing operations | $ | (0.60) |  |  | $ | (0.05) |
Income (loss) from discontinued operations | 0.45 |  |  | (1.41) |
Basic and diluted loss per share | $ | (0.15) |  |  | $ | (1.46) |
For the six months ended June 30, | 2021 |  | 2020
Numerator used in basic and diluted earnings (loss) per common share for continuing operations: |  |  |
(Loss) income from continuing operations | $ | (280,410) |  |  | $ | 194,537 |
Loss attributable to noncontrolling interests | 27 |  |  | 38 |
(Loss) income from continuing operations attributable to Laureate Education, Inc. | (280,383) |  |  | 194,575 |
Accretion of redemption value of redeemable noncontrolling interests and equity | (88) |  |  | 157 |
Net (loss) income from continuing operations for basic and diluted earnings (loss) per share | $ | (280,471) |  |  | $ | 194,732 |
Numerator used in basic and diluted earnings (loss) per common share for discontinued operations: |  |  |
Income (loss) from discontinued operations, net of tax | $ | 86,243 |  |  | $ | (407,849) |
Loss attributable to noncontrolling interests | 212 |  |  | 5,066 |
Net income (loss) from discontinued operations for basic and diluted earnings (loss) per share | $ | 86,455 |  |  | $ | (402,783) |
Denominator used in basic and diluted earnings (loss) per common share: |  |  |
Basic weighted average shares outstanding | 196,085 |  |  | 209,863 |
Dilutive effect of restricted stock units | — |  |  | 187 |
Diluted weighted average shares outstanding | 196,085 |  |  | 210,050 |
Basic and diluted earnings (loss) per share: |  |  |
(Loss) income from continuing operations | $ | (1.43) |  |  | $ | 0.93 |
Income (loss) from discontinued operations | 0.44 |  |  | (1.92) |
Basic and diluted loss per share | $ | (0.99) |  |  | $ | (0.99) |
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 units 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,
| 2021 |  | 2020 |  | 2021 |  | 2020
Stock options | 3,256 |  |  | 4,100 |  |  | 3,324 |  |  | 4,391 |
Restricted stock units | 776 |  |  | 747 |  |  | 688 |  |  | 355 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration