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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)

The following quarterly financial information reflects all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods. Earnings per share are computed independently for each of the quarters presented. Per share amounts may not sum due to rounding. Summarized quarterly operating data were as follows:
 
2017 Quarters Ended
Per share amounts in whole dollars
December 31
 
September 30
 
June 30
 
March 31
Revenues
$
951,189

 
$
818,601

 
$
1,017,108

 
$
598,978

Operating costs and expenses
811,073

 
793,741

 
821,061

 
718,008

Operating income (loss)
$
140,116

 
$
24,860

 
$
196,047

 
$
(119,030
)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
171,631

 
$
(67,180
)
 
$
83,154

 
$
(166,767
)
Income (loss) from discontinued operations, net of tax
28,879

 
(36,309
)
 
33,943

 
46,413

Net (income) loss attributable to noncontrolling interests
(4,664
)
 
5,531

 
(712
)
 
(2,454
)
Net income (loss) attributable to Laureate Education, Inc.
195,846

 
(97,958
)
 
116,385

 
(122,808
)
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity
(106,347
)
 
(84,059
)
 
(69,211
)
 
(38,875
)
Net income (loss) available to common stockholders
$
89,499

 
$
(182,017
)
 
$
47,174

 
$
(161,683
)
 
 
 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.34

 
$
(0.82
)
 
$
0.09

 
$
(1.34
)
Income (loss) from discontinued operations
0.14

 
(0.20
)
 
0.19

 
0.29

Basic earnings (loss) per share
$
0.48

 
$
(1.02
)
 
$
0.28

 
$
(1.05
)
Diluted earnings (loss) per share:

 

 

 

Income (loss) from continuing operations
$
0.34

 
$
(0.82
)
 
$
0.09

 
$
(1.34
)
Income (loss) from discontinued operations
0.14

 
(0.20
)
 
0.19

 
0.29

Diluted earnings (loss) per share
$
0.48

 
$
(1.02
)
 
$
0.28

 
$
(1.05
)

 
2016 Quarters Ended
Per share amounts in whole dollars
December 31
 
September 30
 
June 30
 
March 31
Revenues
$
894,416

 
$
770,833

 
$
978,493

 
$
658,122

Operating costs and expenses
768,513

 
715,957

 
805,850

 
720,867

Operating income (loss)
$
125,903

 
$
54,876

 
$
172,643

 
$
(62,745
)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
23,634

 
$
120,198

 
$
325,541

 
$
(136,633
)
Income (loss) from discontinued operations, net of tax
14,829

 
(39,268
)
 
23,698

 
34,187

Net loss (income) attributable to noncontrolling interests
2,844

 
5,387

 
(1,849
)
 
(721
)
Net income (loss) attributable to Laureate Education, Inc.
$
41,307

 
$
86,317

 
$
347,390

 
$
(103,167
)
 
 
 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.13

 
$
0.94

 
$
2.43

 
$
(1.02
)
Income (loss) from discontinued operations
0.14

 
(0.28
)
 
0.17

 
0.26

Basic earnings (loss) per share
$
0.27

 
$
0.66

 
$
2.60

 
$
(0.76
)
Diluted earnings (loss) per share:

 

 

 

Income (loss) from continuing operations
$
0.13

 
$
0.94

 
$
2.42

 
$
(1.02
)
Income (loss) from discontinued operations
0.14

 
(0.28
)
 
0.17

 
0.26

Diluted earnings (loss) per share
$
0.27

 
$
0.66

 
$
2.59

 
$
(0.76
)