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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2017
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 three months ended June 30,
2017
 
2016
Numerator used in basic and diluted earnings per common share:
 
 
 
Income from continuing operations attributable to Laureate Education, Inc.
$
116,386

 
$
347,389

 
 
 
 
Accretion of redemption value of redeemable noncontrolling interests and equity
(6,352
)
 
749

Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value
(919
)
 
(1,108
)
Accretion of Series A convertible redeemable preferred stock
(61,934
)
 

Distributed and undistributed earnings to participating securities
(7
)
 
(79
)
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity
(69,212
)
 
(438
)
Net income available to common stockholders
$
47,174

 
$
346,951

 
 
 
 
Denominator used in basic and diluted earnings per common share:
 
 
 
Basic weighted average shares outstanding
168,591

 
133,291

Effect of dilutive stock options

 
851

Effect of dilutive restricted stock units
66

 
55

Dilutive weighted average shares outstanding
168,657

 
134,197

 
 
 
 
Basic and diluted earnings per share:
 
 
 
Basic earnings per share
$
0.28

 
$
2.60

Diluted earnings per share
$
0.28

 
$
2.59

For the six months ended June 30,
2017
 
2016
Numerator used in basic and diluted (loss) earnings per common share:
 
 
 
(Loss) income from continuing operations attributable to Laureate Education, Inc.
$
(6,422
)
 
$
244,222

 
 
 
 
Accretion of redemption value of redeemable noncontrolling interests and equity
(530
)
 
2,112

Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value
(6,357
)
 
(957
)
Accretion of redemption value of Series A Preferred Stock
(101,194
)
 

Distributed and undistributed earnings to participating securities

 
(78
)
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity
(108,081
)
 
1,077

Net (loss) income available to common stockholders
$
(114,503
)
 
$
245,299

 
 
 
 
Denominator used in basic and diluted (loss) earnings per common share:
 
 
 
Basic weighted average shares outstanding
161,620

 
133,285

Effect of dilutive stock options

 
862

Effect of dilutive restricted stock units

 
54

Dilutive weighted average shares outstanding
161,620

 
134,201

 
 
 
 
Basic and diluted (loss) earnings per share:
 
 
 
Basic (loss) earnings per share
$
(0.71
)
 
$
1.84

Diluted (loss) earnings per share
$
(0.71
)
 
$
1.83

Schedule of antidilutive securities excluded from computation of earnings per share
The following table summarizes the number of stock options and shares of restricted stock that were excluded from the diluted EPS calculations because the effect would have been antidilutive:
 
For the three months
ended June 30,
 
For the six months
ended June 30,
 
2017
 
2016
 
2017
 
2016
Stock options
13,149

 
5,523

 
12,724

 
5,512

Restricted stock
173

 
141

 
529

 
114