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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic and diluted
The following tables summarize the computations of basic and diluted earnings per share:
For the years ended December 31,
2018
 
2017
 
2016
Numerator used in basic and diluted earnings (loss) per common share for continuing operations:
 
 
 
 
 
(Loss) income from continuing operations
$
(4,730
)
 
$
20,838

 
$
332,740

Net (income) loss attributable to noncontrolling interests
(11
)
 
804

 
1,393

(Loss) income from continuing operations attributable to Laureate Education, Inc.
(4,741
)
 
21,642

 
334,133

 
 
 
 
 
 
Accretion of redemption value of redeemable noncontrolling interests and equity
(292
)
 
317

 
263

Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value
(559
)
 
(6,358
)
 
33

Accretion of Series A Preferred Stock
(61,974
)
 
(292,450
)
 
(1,719
)
Gain upon conversion of Series A Preferred Stock
74,110

 

 

Distributed and undistributed earnings to participating securities

 
(1
)
 
(98
)
Subtotal: accretion of Series A Preferred Stock, net, and other redeemable noncontrolling interests and equity
11,285

 
(298,492
)
 
(1,521
)
Net income (loss) from continuing operations available to common stockholders for basic earnings per share
6,544

 
(276,850
)
 
332,612

   Adjusted for: accretion of Series A Preferred Stock
61,974

 

 

   Adjusted for: gain upon conversion of Series A Preferred Stock
(74,110
)
 

 

Net (loss) income from continuing operations available to common stockholders for diluted earnings per share
$
(5,592
)
 
$
(276,850
)
 
$
332,612

 
 
 
 
 
 
Numerator used in basic and diluted earnings (loss) per common share for discontinued operations:
 
 
 
 
 
Income from discontinued operations, net of tax
$
79,080

 
$
72,926

 
$
33,446

Gain on sale of discontinued operations, net of tax
296,580

 

 

(Income) loss attributable to noncontrolling interests
(852
)
 
(3,103
)
 
4,268

Allocation of earnings from discontinued operations to participating securities

 
(5
)
 
(16
)
Net income from discontinued operations for basic and diluted earnings per share
$
374,808

 
$
69,818

 
$
37,698

 
 
 
 
 
 
Denominator used in basic and diluted earnings (loss) per common share:
 
 
 
 
 
Basic weighted average shares outstanding
212,769

 
172,409

 
133,295

Effect of dilutive stock options

 

 
833

Effect of dilutive restricted stock units

 

 
278

Dilutive weighted average shares outstanding
212,769

 
172,409

 
134,406

 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
Income (loss) from continuing operations
$
0.03

 
$
(1.60
)
 
$
2.50

Income from discontinued operations
1.76

 
0.40

 
0.28

Basic earnings (loss) per share
$
1.79

 
$
(1.20
)
 
$
2.78

Diluted earnings (loss) per share:
 
 
 
 
 
(Loss) income from continuing operations
$
(0.03
)
 
$
(1.60
)
 
$
2.48

Income from discontinued operations
1.76

 
0.40

 
0.28

Diluted earnings (loss) per share
$
1.73

 
$
(1.20
)
 
$
2.76

Schedule of antidilutive securities excluded from computation of earnings per share
The following table summarizes the number of stock options, shares of restricted stock and restricted stock units (RSUs) that were excluded from the diluted EPS calculations because the effect would have been antidilutive:
For the years ended December 31,
2018
 
2017
 
2016
Stock options
9,387

 
12,497

 
5,773

Restricted stock and RSUs
1,300

 
986

 
181