10-Q Filing

LAUREATE EDUCATION, INC. CIK: 912766 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001628280-20-006772`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	laur-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 138 Income Statement 52 Cash Flow Statement 86 Comprehensive Income 22

Balance Sheet 138 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$546.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$339.63M	USD	Point-in-time
Current assets	`AssetsCurrent`	$1.31B	USD	Point-in-time
Current assets	`AssetsCurrent`	$942.93M	USD	Point-in-time
Cash and cash equivalents (includes VIE amounts of $145,502 and $157,003, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$274.12M	USD	Point-in-time
Cash and cash equivalents (includes VIE amounts of $145,502 and $157,003, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$546.67M	USD	Point-in-time
Total assets	`Assets`	$6.50B	USD	Point-in-time
Cash and cash equivalents (includes VIE amounts of $145,502 and $157,003, see Note 2)	`CashAndCashEquivalentsAtCarryingValue`	$339.63M	USD	Point-in-time
Total assets	`Assets`	$6.52B	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$1.07B	USD	Point-in-time
Current liabilities	`LiabilitiesCurrent`	$1.31B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$196.38M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$198.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$186.92M	USD	Point-in-time
Liabilities	`Liabilities`	$3.70B	USD	Point-in-time
Liabilities	`Liabilities`	$3.92B	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableGrossCurrent`	$535.41M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableGrossCurrent`	$432.91M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other receivables	`OtherReceivables`	$20.79M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	49.89M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	49.89M	shares	Point-in-time
Other receivables	`OtherReceivables`	$18.35M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$173.17M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$190.78M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables, net	`AccountsNotesAndLoansReceivableNetCurrent`	$383.02M	USD	Point-in-time
Receivables, net	`AccountsNotesAndLoansReceivableNetCurrent`	$260.48M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$39.95M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$22.42M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$73.58M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$49.69M	USD	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$72.42M	USD	Point-in-time
Current assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$83.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.31B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$942.93M	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$12.30M	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$9.88M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	16.01M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	17.63M	shares	Point-in-time
Land	`Land`	$229.66M	USD	Point-in-time
Land	`Land`	$205.83M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$662.38M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$597.64M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentAndSoftwareGross`	$952.60M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentAndSoftwareGross`	$855.61M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$329.01M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$286.18M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$57.39M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$63.06M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$937.28M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.03B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.20B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.07B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$768.75M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$861.88M	USD	Point-in-time
Land use rights, net	`LandUseRightsNet`	$1.63M	USD	Point-in-time
Land use rights, net	`LandUseRightsNet`	$1.33M	USD	Point-in-time
Goodwill	`Goodwill`	$1.70B	USD	Point-in-time
Goodwill	`Goodwill`	$1.50B	USD	Point-in-time
Tradenames	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.12B	USD	Point-in-time
Tradenames	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.07B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.04M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.43M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$70.00M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$64.16M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$125.42M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$333.32M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$146.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$176.33M	USD	Point-in-time
Long-term assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$305.97M	USD	Point-in-time
Long-term assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$216.32M	USD	Point-in-time
Total assets	`Assets`	$6.50B	USD	Point-in-time
Total assets	`Assets`	$6.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$91.28M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$214.81M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$211.35M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$112.67M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$182.08M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$216.82M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$505.72M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$84.24M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$91.56M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$118.82M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$191.25M	USD	Point-in-time
Current portion of due to shareholders of acquired companies	`NotesPayableRelatedPartiesClassifiedCurrent`	$11.52M	USD	Point-in-time
Current portion of due to shareholders of acquired companies	`NotesPayableRelatedPartiesClassifiedCurrent`	$8.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$24.09M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$25.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.97M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.57M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$64.20M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$60.60M	USD	Point-in-time
Total current liabilities (includes VIE amounts of $267,151 and $142,343, see Note 2)	`LiabilitiesCurrent`	$1.07B	USD	Point-in-time
Total current liabilities (includes VIE amounts of $267,151 and $142,343, see Note 2)	`LiabilitiesCurrent`	$1.31B	USD	Point-in-time
Long-term operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$712.56M	USD	Point-in-time
Long-term operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$792.36M	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$1.41B	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$1.26B	USD	Point-in-time
Due to shareholders of acquired companies, less current portion	`NotesPayableRelatedPartiesNoncurrent`	$9.99M	USD	Point-in-time
Due to shareholders of acquired companies, less current portion	`NotesPayableRelatedPartiesNoncurrent`	$8.28M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.84M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$62.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$53.67M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$190.56M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$218.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$143.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$147.47M	USD	Point-in-time
Long-term liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$70.99M	USD	Point-in-time
Long-term liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$124.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.92B	USD	Point-in-time
Redeemable noncontrolling interests and equity	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$11.96M	USD	Point-in-time
Redeemable noncontrolling interests and equity	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$12.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.75B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$436.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$536.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.07B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.41B	USD	Point-in-time
Treasury stock at cost (17,627 shares held at March 31, 2020 and 16,008 shares held at December 31, 2019)	`TreasuryStockValue`	$271.11M	USD	Point-in-time
Treasury stock at cost (17,627 shares held at March 31, 2020 and 16,008 shares held at December 31, 2019)	`TreasuryStockValue`	$300.31M	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$2.82B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-13.31M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-12.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.80B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.52B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.50B	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$528.56M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$601.07M	USD	1 Quarter
Tax expense (benefit) on gain on sales of discontinued operations,	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$1.59M	USD	1 Quarter
Tax expense (benefit) on gain on sales of discontinued operations,	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$287.00K	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$588.99M	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$639.19M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.94M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$53.91M	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	$3.77M	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-117.14M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-92.03M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$2.67M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$3.55M	USD	1 Quarter
Interest expense	`InterestExpense`	$36.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$54.65M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-10.62M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$1.59M	USD	1 Quarter
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	$287.00K	USD	1 Quarter
Gain on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$5.18M	USD	1 Quarter
Gain on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$802.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-102.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$397.00K	USD	1 Quarter
Foreign currency exchange gain (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$35.94M	USD	1 Quarter
Foreign currency exchange gain (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.75M	USD	1 Quarter
Gain on disposal of subsidiaries, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$2.73M	USD	1 Quarter
Gain on disposal of subsidiaries, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Loss from continuing operations before income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-152.92M	USD	1 Quarter
Loss from continuing operations before income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-111.20M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-35.85M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-235.10M	USD	1 Quarter
Equity in net income of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in net income of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$185.00K	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-117.07M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$124.08M	USD	1 Quarter
(Loss) income from discontinued operations, net of tax expense of $1,482 and $10,141, respectively	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$63.33M	USD	1 Quarter
(Loss) income from discontinued operations, net of tax expense of $1,482 and $10,141, respectively	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-3.80M	USD	1 Quarter
(Loss) gain on sales of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$248.00M	USD	1 Quarter
(Loss) gain on sales of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$-21.96M	USD	1 Quarter
Net income	`ProfitLoss`	$98.32M	USD	1 Quarter
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.30M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.02M	USD	1 Quarter
Net income (loss) attributable to Laureate Education, Inc.	`NetIncomeLoss`	$99.61M	USD	1 Quarter
Net income (loss) attributable to Laureate Education, Inc.	`NetIncomeLoss`	$191.24M	USD	1 Quarter
Income (loss) from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.52	USD	1 Quarter
Income (loss) from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.59	USD	1 Quarter
(Loss) income from discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.12	USD	1 Quarter
(Loss) income from discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$1.37	USD	1 Quarter
Basic and diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.85	USD	1 Quarter
Basic and diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.47	USD	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$98.32M	USD	1 Quarter
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscounts`	$47.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscounts`	$44.16M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$23.26M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$33.37M	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	$3.77M	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Loss (gain) on sales of subsidiaries and disposal of property and equipment, net	`GainLossOnDispositionOfAssets1`	$246.80M	USD	1 Quarter
Loss (gain) on sales of subsidiaries and disposal of property and equipment, net	`GainLossOnDispositionOfAssets1`	$-21.18M	USD	1 Quarter
Gain on derivative instruments	`GainLossOnDerivativeInstrumentsNoncash`	$802.00K	USD	1 Quarter
Gain on derivative instruments	`GainLossOnDerivativeInstrumentsNoncash`	$5.34M	USD	1 Quarter
Payments for settlement of derivative contracts	`ProceedsFromSettlementOfDerivativeContracts`	$8.23M	USD	1 Quarter
Payments for settlement of derivative contracts	`ProceedsFromSettlementOfDerivativeContracts`	-	USD	1 Quarter
Loss on debt extinguishment	`GainLossOnExtinguishmentOfDebtNoncash`	-	USD	1 Quarter
Loss on debt extinguishment	`GainLossOnExtinguishmentOfDebtNoncash`	$-10.62M	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpenseOperatingActivities`	$5.09M	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpenseOperatingActivities`	$5.08M	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$3.15M	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$1.98M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$23.65M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$22.91M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-248.70M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.84M	USD	1 Quarter
Unrealized foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$29.72M	USD	1 Quarter
Unrealized foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-5.46M	USD	1 Quarter
Non-cash loss from non-income tax contingencies	`IncreaseDecreaseFromNonIncomeTaxContingencies`	$-6.51M	USD	1 Quarter
Non-cash loss from non-income tax contingencies	`IncreaseDecreaseFromNonIncomeTaxContingencies`	$-4.56M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-3.98M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.54M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$264.94M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$173.76M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$62.43M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.08M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-64.92M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.93M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$2.71M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-45.01M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$387.50M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$312.59M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.53M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.97M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$32.32M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$24.58M	USD	1 Quarter
Expenditures for deferred costs	`PaymentsForDeferredProjectCosts`	$3.49M	USD	1 Quarter
Expenditures for deferred costs	`PaymentsForDeferredProjectCosts`	$3.50M	USD	1 Quarter
Receipts from sales of discontinued operations, net of cash sold, and property and equipment	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$4.03M	USD	1 Quarter
Receipts from sales of discontinued operations, net of cash sold, and property and equipment	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$331.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.19M	USD	1 Quarter
Payments from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$87.00K	USD	1 Quarter
Payments from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$87.00K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$294.08M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.96M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$499.48M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$90.63M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$532.59M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$226.50M	USD	1 Quarter
Payments of deferred purchase price for acquisitions	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-1.49M	USD	1 Quarter
Payments of deferred purchase price for acquisitions	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-369.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$26.75M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$29.20M	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.42M	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.14M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfFinancingCosts`	$5.23M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsToMinorityShareholders`	$625.00K	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$267.90M	USD	1 Quarter
Net cash provided by (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`	$-33.61M	USD	1 Quarter
Change in cash included in current assets held for sale	`NetCashProvidedByUsedInDiscontinuedOperations`	$-2.83M	USD	1 Quarter
Change in cash included in current assets held for sale	`NetCashProvidedByUsedInDiscontinuedOperations`	$9.72M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-111.33M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$216.51M	USD	1 Quarter
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$583.57M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$472.25M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$743.06M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$526.55M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$583.57M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$472.25M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$743.06M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$526.55M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$98.32M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$194.26M	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$49.55M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-330.12M	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax of $0	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax of $0	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.61M	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`	$932.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-331.05M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$52.16M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$246.43M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-232.73M	USD	1 Quarter
Net comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.05M	USD	1 Quarter
Net comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-540.00K	USD	1 Quarter
Comprehensive (loss) income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$243.37M	USD	1 Quarter
Comprehensive (loss) income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$-232.19M	USD	1 Quarter

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