10-Q Filing

LAUREATE EDUCATION, INC. CIK: 912766 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-015443`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	laur-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 122 Income Statement 49 Cash Flow Statement 72 Comprehensive Income 18

Balance Sheet 122 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par or stated value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par or stated value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$293.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.64M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$8.62M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$8.64M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$20.61M	USD	Point-in-time
Common stock, par or stated value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par or stated value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableGrossCurrent`	$133.10M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableGrossCurrent`	$120.26M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	230.95M	shares	Point-in-time
Other receivables	`OtherReceivables`	$16.74M	USD	Point-in-time
Other receivables	`OtherReceivables`	$9.49M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	230.78M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	157.17M	shares	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$62.12M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	157.01M	shares	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$61.88M	USD	Point-in-time
Receivables, net	`AccountsNotesAndLoansReceivableNetCurrent`	$74.88M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	73.77M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	73.77M	shares	Point-in-time
Receivables, net	`AccountsNotesAndLoansReceivableNetCurrent`	$80.71M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$34.87M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$32.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$19.45M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$30.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$279.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$226.20M	USD	Point-in-time
Land	`Land`	$127.15M	USD	Point-in-time
Land	`Land`	$130.88M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$348.93M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$361.54M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentAndSoftwareGross`	$494.00M	USD	Point-in-time
Furniture, equipment and software	`FurnitureEquipmentAndSoftwareGross`	$522.42M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$125.16M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$117.82M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$11.87M	USD	Point-in-time
Construction in-progress	`ConstructionInProgressGross`	$13.80M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$615.06M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$576.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$523.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$538.75M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$397.31M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$389.56M	USD	Point-in-time
Goodwill	`Goodwill`	$618.47M	USD	Point-in-time
Goodwill	`Goodwill`	$583.49M	USD	Point-in-time
Tradenames, net	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$151.65M	USD	Point-in-time
Tradenames, net	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$159.45M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$4.68M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$5.31M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$51.94M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$55.62M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$40.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$41.79M	USD	Point-in-time
Total assets	`Assets`	$2.10B	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.85M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$58.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$50.56M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$85.22M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$73.06M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$114.83M	USD	Point-in-time
Deferred revenue and student deposits	`ContractWithCustomerLiabilityCurrent`	$51.26M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$43.95M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$38.99M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$49.55M	USD	Point-in-time
Current portion of long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$56.18M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.44M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$38.74M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.59M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$407.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$381.39M	USD	Point-in-time
Long-term operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$376.90M	USD	Point-in-time
Long-term operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$383.95M	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$175.93M	USD	Point-in-time
Long-term debt and finance leases, less current portion	`LongTermDebtNoncurrent`	$214.98M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$10.52M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$10.38M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$131.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$128.52M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$89.77M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$94.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$30.82M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$32.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.20B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	USD	Point-in-time
Redeemable equity	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.40M	USD	Point-in-time
Redeemable equity	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.40M	USD	Point-in-time
Preferred stock, par value $0.001 per share 50,000 shares authorized, no shares issued and outstanding as of March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share 50,000 shares authorized, no shares issued and outstanding as of March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.004 per share 700,000 shares authorized, 230,948 shares issued and 157,174 shares outstanding as of March 31, 2023 and 230,779 shares issued and 157,013 shares outstanding as of December 31, 2022	`CommonStockValue`	$923.00K	USD	Point-in-time
Common stock, par value $0.004 per share 700,000 shares authorized, 230,948 shares issued and 157,174 shares outstanding as of March 31, 2023 and 230,779 shares issued and 157,013 shares outstanding as of December 31, 2022	`CommonStockValue`	$924.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.21B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$39.24M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-442.42M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-369.63M	USD	Point-in-time
Treasury stock at cost (73,766 shares held at both March 31, 2023 and December 31, 2022)	`TreasuryStockValue`	$1.03B	USD	Point-in-time
Treasury stock at cost (73,766 shares held at both March 31, 2023 and December 31, 2022)	`TreasuryStockValue`	$1.03B	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$776.23M	USD	Point-in-time
Total Laureate Education, Inc. stockholders' equity	`StockholdersEquity`	$823.09M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-2.16M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-1.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$774.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$820.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$251.25M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$209.56M	USD	1 Quarter
Tax expense on income from discontinued operations	`DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation`	-	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$225.31M	USD	1 Quarter
Direct costs	`CostOfGoodsAndServicesSold`	$182.88M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.31M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.50M	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of assets	`AssetImpairmentCharges`	$144.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$15.63M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$2.16M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$1.97M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.73M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.95M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$261.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.23M	USD	1 Quarter
Foreign currency exchange loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-28.95M	USD	1 Quarter
Foreign currency exchange loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.60M	USD	1 Quarter
Gain on disposal of subsidiaries, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$306.00K	USD	1 Quarter
Gain on disposal of subsidiaries, net	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
(Loss) income from continuing operations before income taxes and equity in net (loss) income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-16.55M	USD	1 Quarter
(Loss) income from continuing operations before income taxes and equity in net (loss) income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.44M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$47.97M	USD	1 Quarter
Equity in net (loss) income of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$-3.00K	USD	1 Quarter
Equity in net (loss) income of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$108.00K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-45.41M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-26.75M	USD	1 Quarter
(Loss) income from discontinued operations, net of tax of $0 for both periods	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$735.00K	USD	1 Quarter
(Loss) income from discontinued operations, net of tax of $0 for both periods	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$-14.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-44.68M	USD	1 Quarter
Net loss	`ProfitLoss`	$-26.76M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-469.00K	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-155.00K	USD	1 Quarter
Net loss attributable to Laureate Education, Inc.	`NetIncomeLoss`	$-26.61M	USD	1 Quarter
Net loss attributable to Laureate Education, Inc.	`NetIncomeLoss`	$-44.21M	USD	1 Quarter
Loss from continuing operations, basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.17	USD	1 Quarter
Loss from continuing operations, basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.25	USD	1 Quarter
Loss from continuing operations, diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.17	USD	1 Quarter
Loss from continuing operations, diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.25	USD	1 Quarter
Income from discontinued operations, basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Income from discontinued operations, basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Income from discontinued operations, diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income from discontinued operations, diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Basic loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.25	USD	1 Quarter
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Diluted loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.25	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-44.68M	USD	1 Quarter
Net loss	`ProfitLoss`	$-26.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscounts`	$16.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscounts`	$14.37M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.76M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.19M	USD	1 Quarter
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	1 Quarter
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-144.00K	USD	1 Quarter
Loss (gain) on sales and disposal of subsidiaries and property and equipment, net	`GainLossOnDispositionOfAssets1`	$-1.52M	USD	1 Quarter
Loss (gain) on sales and disposal of subsidiaries and property and equipment, net	`GainLossOnDispositionOfAssets1`	$713.00K	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpenseOperatingActivities`	$234.00K	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpenseOperatingActivities`	$245.00K	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$1.12M	USD	1 Quarter
Non-cash share-based compensation expense	`ShareBasedCompensation`	$2.76M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.79M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-2.54M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-607.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.41M	USD	1 Quarter
Unrealized foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$-28.95M	USD	1 Quarter
Unrealized foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$753.00K	USD	1 Quarter
Non-cash loss from non-income tax contingencies	`IncreaseDecreaseFromNonIncomeTaxContingencies`	$-61.00K	USD	1 Quarter
Non-cash loss from non-income tax contingencies	`IncreaseDecreaseFromNonIncomeTaxContingencies`	$-69.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-3.72M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.56M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-18.92M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-4.22M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.15M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.00M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.70M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.16M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$26.96M	USD	1 Quarter
Income tax receivable/payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-32.66M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$58.26M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$44.05M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.47M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.88M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$1.21M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$5.83M	USD	1 Quarter
Expenditures for deferred costs	`PaymentsForDeferredProjectCosts`	$44.00K	USD	1 Quarter
Expenditures for deferred costs	`PaymentsForDeferredProjectCosts`	-	USD	1 Quarter
Receipts from sales of discontinued operations and property and equipment	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$254.00K	USD	1 Quarter
Receipts from sales of discontinued operations and property and equipment	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$9.19M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.58M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.94M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$38.00M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of original issue discount	`ProceedsFromIssuanceOfLongTermDebt`	$49.69M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$58.89M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$15.23M	USD	1 Quarter
Payment of dividend equivalent rights for vested share-based awards	`PaymentsOfDividends`	$2.32M	USD	1 Quarter
Payment of dividend equivalent rights for vested share-based awards	`PaymentsOfDividends`	$3.49M	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$123.00K	USD	1 Quarter
Payments to purchase noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.42M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$11.50M	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$611.00K	USD	1 Quarter
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$774.00K	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$102.17M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$21.14M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.14M	USD	1 Quarter
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.46M	USD	1 Quarter
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.19M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$45.50M	USD	1 Quarter
Net change in Cash and cash equivalents and Restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.13M	USD	1 Quarter
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$139.28M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$93.78M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$345.57M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$314.44M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$139.28M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$93.78M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$345.57M	USD	Point-in-time
Cash and cash equivalents and Restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$314.44M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$-44.68M	USD	1 Quarter
Net income	`ProfitLoss`	$-26.76M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Pension adjustment, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Pension adjustment, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$49.58M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$72.80M	USD	1 Quarter
Minimum pension liability adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-14.00K	USD	1 Quarter
Minimum pension liability adjustment, net of tax of $0 for both periods	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$72.80M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$49.59M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$46.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.91M	USD	1 Quarter
Net comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-149.00K	USD	1 Quarter
Net comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-467.00K	USD	1 Quarter
Comprehensive income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$5.38M	USD	1 Quarter
Comprehensive income attributable to Laureate Education, Inc.	`ComprehensiveIncomeNetOfTax`	$46.18M	USD	1 Quarter

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