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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 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 September 30,
2017
 
2016
Numerator used in basic and diluted (loss) earnings per common share:
 
 
 
(Loss) income from continuing operations attributable to Laureate Education, Inc.
$
(97,959
)
 
$
86,317

 
 
 
 
Accretion of redemption value of redeemable noncontrolling interests and equity
(105
)
 
1,426

Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value

 
756

Accretion of Series A convertible redeemable preferred stock
(83,955
)
 

Distributed and undistributed earnings to participating securities

 
(22
)
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity
(84,060
)
 
2,160

Net (loss) income available to common stockholders
$
(182,019
)
 
$
88,477

 
 
 
 
Denominator used in basic and diluted (loss) earnings per common share:
 
 
 
Basic weighted average shares outstanding
178,871

 
133,303

Effect of dilutive stock options

 
828

Effect of dilutive restricted stock units

 
98

Dilutive weighted average shares outstanding
178,871

 
134,229

 
 
 
 
Basic and diluted (loss) earnings per share:
 
 
 
Basic (loss) earnings per share
$
(1.02
)
 
$
0.66

Diluted (loss) earnings per share
$
(1.02
)
 
$
0.66

For the nine months ended September 30,
2017
 
2016
Numerator used in basic and diluted (loss) earnings per common share:
 
 
 
(Loss) income from continuing operations attributable to Laureate Education, Inc.
$
(104,380
)
 
$
330,539

 
 
 
 
Accretion of redemption value of redeemable noncontrolling interests and equity
(635
)
 
3,538

Adjusted for: accretion related to noncontrolling interests and equity redeemable at fair value
(6,357
)
 
(201
)
Accretion of redemption value of Series A Preferred Stock
(185,149
)
 

Distributed and undistributed earnings to participating securities

 
(104
)
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity
(192,141
)
 
3,233

Net (loss) income available to common stockholders
$
(296,521
)
 
$
333,772

 
 
 
 
Denominator used in basic and diluted (loss) earnings per common share:
 
 
 
Basic weighted average shares outstanding
167,261

 
133,291

Effect of dilutive stock options

 
858

Effect of dilutive restricted stock units

 
68

Dilutive weighted average shares outstanding
167,261

 
134,217

 
 
 
 
Basic and diluted (loss) earnings per share:
 
 
 
Basic (loss) earnings per share
$
(1.77
)
 
$
2.50

Diluted (loss) earnings per share
$
(1.77
)
 
$
2.49

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 September 30,
 
For the nine months
ended September 30,
 
2017
 
2016
 
2017
 
2016
Stock options
13,443

 
5,414

 
12,957

 
2,931

Restricted stock
843

 
168

 
730

 
131