10-Q Filing

LAUREATE EDUCATION, INC. CIK: 912766 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001628280-19-006341`
Period End Date	20190331
Filing Date	20190509
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	laur-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 138 Income Statement 50 Cash Flow Statement 84 Comprehensive Income 23

Balance Sheet 138 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents (includes VIE amounts of $75,019 and $158,387, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$278.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$278.78M	USD	Point-in-time
Cash and cash equivalents (includes VIE amounts of $75,019 and $158,387, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$388.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$388.49M	USD	Point-in-time
Cash and cash equivalents (includes VIE amounts of $75,019 and $158,387, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$305.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$305.89M	USD	Point-in-time
Current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$203.63M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$175.56M	USD	Point-in-time
Current assets	`AssetsCurrent`	$1.22B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$201.30M	USD	Point-in-time
Total assets	`Assets`	$7.83B	USD	Point-in-time
Total assets	`Assets`	$6.77B	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$1.60B	USD	Point-in-time
Accounts and notes receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$606.24M	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Accounts and notes receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$399.32M	USD	Point-in-time
Other receivables	`OtherReceivables`	$11.60M	USD	Point-in-time
Liabilities	`Liabilities`	$4.70B	USD	Point-in-time
Other receivables	`OtherReceivables`	$13.43M	USD	Point-in-time
Liabilities	`Liabilities`	$5.49B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$165.01M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$161.65M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	49.89M	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$249.27M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$454.65M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	49.89M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$82.27M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$18.52M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$72.47M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$53.19M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$306.37M	USD	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$308.65M	USD	Point-in-time
Total current assets (includes VIE amounts of $590,857 and $483,613, see Note 2)	`AssetsCurrent`	$1.40B	USD	Point-in-time
Total current assets (includes VIE amounts of $590,857 and $483,613, see Note 2)	`AssetsCurrent`	$1.22B	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$7.16M	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$2.40M	USD	Point-in-time
Land	`Land`	$239.54M	USD	Point-in-time
Land	`Land`	$234.83M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$645.18M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$651.36M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentandSoftwareGross`	$968.47M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentandSoftwareGross`	$995.56M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$330.75M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$356.82M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$60.92M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$38.50M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$987.28M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.02B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.28B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$952.89M	USD	Point-in-time
Land use rights, net	`LandUseRightsNet`	$1.59M	USD	Point-in-time
Land use rights, net	`LandUseRightsNet`	$1.55M	USD	Point-in-time
Goodwill	`Goodwill`	$1.74B	USD	Point-in-time
Goodwill	`Goodwill`	$1.71B	USD	Point-in-time
Tradenames	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.13B	USD	Point-in-time
Tradenames	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.13B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.48M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$25.43M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$68.05M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$66.83M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$145.46M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$136.49M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$6.20M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$3.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$177.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$172.82M	USD	Point-in-time
Long-term assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$1.03B	USD	Point-in-time
Long-term assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$961.21M	USD	Point-in-time
Total assets (includes VIE amounts of $1,360,948 and $1,196,813, see Note 2)	`Assets`	$7.83B	USD	Point-in-time
Total assets (includes VIE amounts of $1,360,948 and $1,196,813, see Note 2)	`Assets`	$6.77B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$67.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$241.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$227.58M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$196.35M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$143.19M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$556.38M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$193.23M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$97.52M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$101.87M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$105.26M	USD	Point-in-time
Current portion of due to shareholders of acquired companies	`NotesPayableRelatedPartiesClassifiedCurrent`	$23.82M	USD	Point-in-time
Current portion of due to shareholders of acquired companies	`NotesPayableRelatedPartiesClassifiedCurrent`	$25.25M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$20.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$22.29M	USD	Point-in-time
Derivative instruments	`DerivativeInstrumentsAndHedgesLiabilities`	$1.22M	USD	Point-in-time
Derivative instruments	`DerivativeInstrumentsAndHedgesLiabilities`	$4.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$23.03M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.62M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$308.39M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$315.52M	USD	Point-in-time
Total current liabilities (includes VIE amounts of $358,368 and $207,977, see Note 2)	`LiabilitiesCurrent`	$1.60B	USD	Point-in-time
Total current liabilities (includes VIE amounts of $358,368 and $207,977, see Note 2)	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Long-term operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$871.59M	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$2.59B	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$2.14B	USD	Point-in-time
Due to shareholders of acquired companies, less current portion	`NotesPayableRelatedPartiesNoncurrent`	$21.04M	USD	Point-in-time
Due to shareholders of acquired companies, less current portion	`NotesPayableRelatedPartiesNoncurrent`	$21.57M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.78M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.92M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$93.46M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$89.71M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$217.89M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$217.56M	USD	Point-in-time
Derivative instruments	`DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent`	$6.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$214.31M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$166.38M	USD	Point-in-time
Long-term liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$374.18M	USD	Point-in-time
Long-term liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$354.29M	USD	Point-in-time
Total liabilities (includes VIE amounts of $521,229 and $274,744, see Note 2)	`Liabilities`	$4.70B	USD	Point-in-time
Total liabilities (includes VIE amounts of $521,229 and $274,744, see Note 2)	`Liabilities`	$5.49B	USD	Point-in-time
Preferred stock, par value $0.001 per share 49,889 shares authorized as of March 31, 2019 and December 31, 2018, respectively, no shares issued and outstanding as of March 31, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share 49,889 shares authorized as of March 31, 2019 and December 31, 2018, respectively, no shares issued and outstanding as of March 31, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.71B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.70B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-310.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-530.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.11B	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$2.34B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-7.48M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-10.13M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.77B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.77B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.83B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$621.80M	USD	1 Quarter
Discontinued operations, tax benefit (expense)	`DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod`	$9.35M	USD	1 Quarter
Discontinued operations, tax benefit (expense)	`DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod`	$46.38M	USD	1 Quarter
Revenues	`Revenues`	$632.22M	USD	1 Quarter
Gain on sales of discontinued operations, tax expense (benefit)	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$-20.79M	USD	1 Quarter
Gain on sales of discontinued operations, tax expense (benefit)	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$-287.00K	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$677.53M	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$652.41M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$53.91M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$47.30M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-92.62M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-84.53M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$3.55M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$3.27M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.34M	USD	1 Quarter
Interest expense	`InterestExpense`	$54.66M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-7.48M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-10.62M	USD	1 Quarter
Gain (loss) on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-19.34M	USD	1 Quarter
Gain (loss) on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$5.18M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$359.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.60M	USD	1 Quarter
Foreign currency exchange (loss) gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.78M	USD	1 Quarter
Foreign currency exchange (loss) gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.66M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-145.37M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-188.69M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-35.06M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-23.06M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-110.31M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-165.63M	USD	1 Quarter
Income from discontinued operations, including tax expense of ($9,350) and ($46,382), respectively	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$56.57M	USD	1 Quarter
Income from discontinued operations, including tax expense of ($9,350) and ($46,382), respectively	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$18.85M	USD	1 Quarter
Gain on sales of discontinued operations, net, including tax benefit of $287 and $20,792, respectively	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$318.33M	USD	1 Quarter
Gain on sales of discontinued operations, net, including tax benefit of $287 and $20,792, respectively	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$248.00M	USD	1 Quarter
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Net income	`ProfitLoss`	$171.54M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.02M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.67M	USD	1 Quarter
Net income attributable to Laureate Education, Inc.	`NetIncomeLoss`	$168.88M	USD	1 Quarter
Net income attributable to Laureate Education, Inc.	`NetIncomeLoss`	$191.24M	USD	1 Quarter
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity	`PreferredStockDividendsAndOtherAdjustments`	$-263.00K	USD	1 Quarter
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity	`PreferredStockDividendsAndOtherAdjustments`	$57.40M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$191.51M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$111.48M	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.50	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.20	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$1.35	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$1.79	USD	1 Quarter
Basic and diluted earnings per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.59	USD	1 Quarter
Basic and diluted earnings per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.85	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Net income	`ProfitLoss`	$171.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofDebtIssuanceCostsandDiscounts`	$67.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofDebtIssuanceCostsandDiscounts`	$47.64M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightofUseAssetAmortization`	$33.37M	USD	1 Quarter
Gain on sales of subsidiaries and disposal of property and equipment, net	`GainLossOnDispositionOfAssets1`	$246.80M	USD	1 Quarter
Gain on sales of subsidiaries and disposal of property and equipment, net	`GainLossOnDispositionOfAssets1`	$297.48M	USD	1 Quarter
(Gain) loss on derivative instruments	`GainLossonDerivativeInstrumentsNoncash`	$-19.13M	USD	1 Quarter
(Gain) loss on derivative instruments	`GainLossonDerivativeInstrumentsNoncash`	$5.34M	USD	1 Quarter
Payments for settlement of derivative contracts	`ProceedsFromSettlementOfDerivativeContracts`	-	USD	1 Quarter
Payments for settlement of derivative contracts	`ProceedsFromSettlementOfDerivativeContracts`	$-8.23M	USD	1 Quarter
Loss on debt extinguishment	`GainLossonExtinguishmentofDebtNoncash`	$-10.62M	USD	1 Quarter
Loss on debt extinguishment	`GainLossonExtinguishmentofDebtNoncash`	$-7.48M	USD	1 Quarter
Non-cash interest expense	`NoncashInterestExpenseOperatingActivities`	$5.08M	USD	1 Quarter
Non-cash interest expense	`NoncashInterestExpenseOperatingActivities`	$4.64M	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$3.15M	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$-3.76M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$23.65M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$22.15M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-26.56M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.84M	USD	1 Quarter
Unrealized foreign currency exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-5.46M	USD	1 Quarter
Unrealized foreign currency exchange loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.08M	USD	1 Quarter
Non-cash loss from non-income tax contingencies	`IncreaseDecreaseFromNonIncomeTaxContingencies`	$-4.56M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$315.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.54M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$268.43M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$264.94M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$62.43M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.16M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-61.09M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.93M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-14.81M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-45.01M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$387.50M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$389.60M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.97M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.08M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$44.24M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$32.32M	USD	1 Quarter
Expenditures for deferred costs	`PaymentsforDeferredProjectCosts`	$3.49M	USD	1 Quarter
Expenditures for deferred costs	`PaymentsforDeferredProjectCosts`	$3.37M	USD	1 Quarter
Receipts from sales of discontinued operations and property and equipment, net of cash sold	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$359.51M	USD	1 Quarter
Receipts from sales of discontinued operations and property and equipment, net of cash sold	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$331.00M	USD	1 Quarter
Settlement of derivatives related to sale of discontinued operations	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Settlement of derivatives related to sale of discontinued operations	`PaymentsForDerivativeInstrumentInvestingActivities`	$9.96M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.19M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$750.00K	USD	1 Quarter
Payments from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$87.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$294.08M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$302.69M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$90.63M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$188.56M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$532.59M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$541.81M	USD	1 Quarter
Payments of deferred purchase price for acquisitions	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-369.00K	USD	1 Quarter
Payments of deferred purchase price for acquisitions	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-5.53M	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsToMinorityShareholders`	$127.00K	USD	1 Quarter
Payment of dividends on Series A Preferred Stock	`PaymentsOfDividendsMinorityInterest`	-	USD	1 Quarter
Payment of dividends on Series A Preferred Stock	`PaymentsOfDividendsMinorityInterest`	$9.72M	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$803.00K	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.42M	USD	1 Quarter
Payments of debt issuance costs and redemption premiums	`PaymentsOfFinancingCosts`	$5.23M	USD	1 Quarter
Payments of debt issuance costs and redemption premiums	`PaymentsOfFinancingCosts`	$148.00K	USD	1 Quarter
(Distributions to) contributions from noncontrolling interest holders	`DistributionsFromDistributionsToNoncontrollingInterests`	$-625.00K	USD	1 Quarter
(Distributions to) contributions from noncontrolling interest holders	`DistributionsFromDistributionsToNoncontrollingInterests`	$581.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-369.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-449.60M	USD	1 Quarter
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.04M	USD	1 Quarter
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.15M	USD	1 Quarter
Change in cash included in current assets held for sale	`NetCashProvidedByUsedInDiscontinuedOperations`	$-100.00K	USD	1 Quarter
Change in cash included in current assets held for sale	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.12M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-51.34M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-107.38M	USD	1 Quarter
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.78M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$482.42M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$589.79M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.45M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.78M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$482.42M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$589.79M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.45M	USD	Point-in-time

Comprehensive Income 23 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$171.54M	USD	1 Quarter
Unrealized gain on derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Unrealized gain on derivative instruments, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$83.37M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$49.55M	USD	1 Quarter
Unrealized gain on derivative instruments, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	1 Quarter
Minimum pension liability adjustment, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossCashFlowAndInvestmentHedgeBeforeReclassificationBeforeTax`	$2.61M	USD	1 Quarter
Minimum pension liability adjustment, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax of $0 for both periods	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.21M	USD	1 Quarter
Minimum pension liability adjustment, net of tax of $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Minimum pension liability adjustment, net of tax of $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-376.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$85.95M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$52.16M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$257.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$246.43M	USD	1 Quarter
Net comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.05M	USD	1 Quarter
Net comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.39M	USD	1 Quarter
Comprehensive income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$255.11M	USD	1 Quarter
Comprehensive income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$243.37M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.