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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 499,245 $ 462,067 $ 774,617 $ 713,322
Costs and expenses:        
Direct costs 318,997 293,998 572,975 519,310
General and administrative expenses 13,653 11,960 23,918 22,274
Loss on impairment of assets 0 1,620 0 1,620
Operating income 166,595 154,489 177,724 170,118
Interest income 2,004 1,951 3,915 4,109
Interest expense (5,129) (6,137) (9,790) (12,089)
Other (expense) income, net 108 (129) (440) 132
Foreign currency exchange gain (loss), net 27,451 (32,357) 21,844 (61,309)
(Loss) gain on disposal of subsidiaries, net 0 1 (3,086) 307
Income from continuing operations before income taxes and equity in net loss of affiliates 191,029 117,818 190,167 101,268
Income tax expense (63,072) (57,468) (72,994) (67,663)
Equity in net loss of affiliates, net of tax     (7) (3)
Income from continuing operations 127,957 60,350 117,166 33,602
Income (loss) from discontinued operations, net of tax of $0 for both periods 394 (4,037) 337 (4,051)
Net income 128,351 56,313 117,503 29,551
Net (income) loss attributable to noncontrolling interests (221) (136) (124) 19
Net income attributable to Laureate Education, Inc. $ 128,130 $ 56,177 $ 117,379 $ 29,570
Basic earnings (loss) per share:        
Income from continuing operations, basic (in dollars per share) $ 0.83 $ 0.38 $ 0.75 $ 0.21
Loss from discontinued operations, basic (in dollars per share) 0 (0.03) 0 (0.03)
Basic earnings per share (in dollars per share) 0.83 0.35 0.75 0.18
Diluted earnings (loss) per share:        
Income from continuing operations, diluted (in dollars per share) 0.83 0.38 0.75 0.21
Loss from discontinued operations, diluted (in dollars per share) 0 (0.03) 0 (0.03)
Diluted earnings per share (in dollars per share) $ 0.83 $ 0.35 $ 0.75 $ 0.18