Other Financial Information

Accumulated Other Comprehensive Income (AOCI)

AOCI in our Consolidated Balance Sheets includes the accumulated translation adjustments arising from translation of foreign subsidiaries’ financial statements, the unrealized losses on derivatives designated as effective hedges, and the accumulated net gains or losses that are not recognized as components of net periodic benefit cost for our minimum pension liability. The components of these balances were as follows:



December 31,	2018								2017
	Laureate Education, Inc.			Noncontrolling Interests		Total			Laureate Education, Inc.			Noncontrolling Interests			Total
Foreign currency translation loss	$	(1,127,719	)	$	459	$	(1,127,260	)	$	(927,221	)	$	(33	)	$	(927,254	)
Unrealized gains on derivatives	18,366			—		18,366			4,657			—			4,657
Minimum pension liability adjustment	(3,342		)	—		(3,342		)	(2,992		)	—			(2,992		)
Accumulated other comprehensive loss	$	(1,112,695	)	$	459	$	(1,112,236	)	$	(925,556	)	$	(33	)	$	(925,589	)

Laureate reports changes in AOCI in our Consolidated Statements of Stockholders’ Equity. See also Note 15, Derivative Instruments, and Note 19, Benefit Plans, for the effects of reclassifications out of AOCI into net income.

Foreign Currency Exchange of Certain Intercompany Loans

Laureate periodically reviews its investment and cash repatriation strategies in order to meet our liquidity requirements in the United States. Laureate recognized currency exchange adjustments attributable to intercompany loans that are not designated as indefinitely invested as Foreign currency exchange (loss) gain, net, of $(30,272), $289 and $45,761 in the Consolidated Statements of Operations for the years ended December 31, 2018, 2017 and 2016, respectively.

Supplemental Schedule for Transactions with Noncontrolling Interest Holders

Transactions with noncontrolling interest holders had the following effects on the equity attributable to Laureate:



For the years ended December 31,	2018			2017			2016
Net income attributable to Laureate Education, Inc.	$	370,067		$	91,465		$	371,847
(Decrease) increase in equity for changes in noncontrolling interests	(471		)	(11,569		)	1,003
Change from net income attributable to Laureate Education, Inc. and net transfers to the noncontrolling interests	$	369,596		$	79,896		$	372,850

Write Off of Accounts and Notes Receivable

During the years ended December 31, 2018, 2017 and 2016, Laureate wrote off approximately $95,000, $93,000 and $78,000, respectively, of fully reserved accounts and notes receivable that were deemed uncollectible.