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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents (includes VIE amounts of $141,549 and $169,074, see Note 2) $ 856,306 $ 464,965
Restricted cash and investments 195,838 189,319
Receivables:    
Accounts and notes receivable 752,848 494,646
Other receivables 22,612 23,758
Related party receivables 5,559 6,931
Allowance for doubtful accounts (189,879) (190,499)
Receivables, net 591,140 334,836
Income tax receivable 29,231 29,447
Prepaid expenses and other current assets 104,639 97,234
Total current assets (includes VIE amounts of $443,237 and $322,210, see Note 2) 1,777,154 1,115,801
Notes receivable, net 63,105 61,157
Property and equipment:    
Land 410,661 396,821
Buildings 1,270,691 1,219,783
Furniture, equipment and software 1,203,822 1,160,350
Leasehold improvements 419,325 399,555
Construction in-progress 88,857 103,205
Accumulated depreciation and amortization (1,197,632) (1,128,081)
Property and equipment, net 2,195,724 2,151,633
Land use rights, net 45,382 45,275
Goodwill 2,012,964 1,934,464
Other intangible assets:    
Tradenames 1,328,526 1,307,633
Other intangible assets, net 45,840 46,700
Deferred costs, net 60,355 57,748
Deferred income taxes 157,820 142,130
Derivative instruments 21,069 4,464
Other assets 202,652 195,465
Total assets (includes VIE amounts of $1,433,048 and $1,309,113, see Note 2) 7,910,591 7,062,470
Current liabilities:    
Accounts payable 92,366 86,699
Accrued expenses 339,117 368,973
Accrued compensation and benefits 231,505 239,495
Deferred revenue and student deposits 735,826 362,891
Current portion of long-term debt 177,883 178,989
Current portion of due to shareholders of acquired companies 136,766 118,679
Income taxes payable 31,544 30,371
Derivative instruments 2,626 5,218
Other current liabilities 43,889 48,917
Total current liabilities (includes VIE amounts of $439,001 and $320,922, see Note 2) 1,791,522 1,440,232
Long-term debt, less current portion 3,629,815 3,629,375
Due to shareholders of acquired companies, less current portion 83,983 92,269
Deferred compensation 14,263 14,128
Income taxes payable 106,742 135,140
Deferred income taxes 454,841 452,084
Derivative instruments 7,797 7,750
Other long-term liabilities 275,438 270,267
Total liabilities (includes VIE amounts of $550,340 and $424,297, see Note 2) 6,364,401 6,041,245
Stockholders' equity:    
Preferred stock, par value $0.001 per share – 49,488 shares authorized, no shares issued and outstanding as of March 31, 2017 and December 31, 2016 0 0
Common stock   534
Additional paid-in capital 3,428,638 2,721,432
Accumulated deficit (1,160,508) (1,037,701)
Accumulated other comprehensive loss (946,399) (1,052,055)
Total Laureate Education, Inc. stockholders' equity 1,322,405 632,210
Noncontrolling interests 34,641 32,182
Total stockholders' equity 1,357,046 664,392
Total liabilities and stockholders' equity 7,910,591 7,062,470
Series A Convertible Redeemable Preferred Stock    
Current liabilities:    
Total redeemable noncontrolling interests and equity 170,096 332,957
Puttable Arrangements - Common and Preferred Stock    
Current liabilities:    
Total redeemable noncontrolling interests and equity 19,048 $ 23,876
Class A Common Stock    
Stockholders' equity:    
Common stock 141  
Class B Common Stock    
Stockholders' equity:    
Common stock $ 533