Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2025

Laureate computes basic earnings per share (EPS) by dividing income available to common shareholders by the weighted average number of common shares outstanding for the reporting period. Diluted EPS reflects the potential dilution that would occur if share-based compensation awards were exercised or converted into common stock. To calculate the diluted EPS, the basic weighted average number of shares is increased by the dilutive effect of stock options, restricted stock units, and any other share-based compensation arrangements determined using the treasury stock method.

The following table summarizes the computations of basic and diluted earnings (loss) per share:


For the three months ended March 31,	2025		2024
Numerator used in basic and diluted earnings (loss) per common share for continuing operations:
Loss from continuing operations	$	(19,766)	$	(10,791)
Loss attributable to noncontrolling interests	57		97








Net loss from continuing operations for basic and diluted earnings per share	$	(19,709)	$	(10,694)




Numerator used in basic and diluted earnings (loss) per common share for discontinued operations:



Net income (loss) from discontinued operations for basic and diluted earnings (loss) per share	$	213	$	(57)

Denominator used in basic and diluted earnings (loss) per common share:
Basic and diluted weighted average shares outstanding	147,563		157,011








Basic and diluted earnings (loss) per share:
Loss from continuing operations	$	(0.13)	$	(0.07)
Income (loss) from discontinued operations	—		—
Basic and diluted loss per share	$	(0.13)	$	(0.07)

The following table summarizes the number of restricted stock units that were excluded from the diluted EPS calculations because the effect would have been antidilutive:



For the three months ended March 31,	2025	2024
Stock options	316	359
Restricted stock units	1,179	722