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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (includes VIE amounts of $199,609 and $231,940, see Note 2) $ 479,011 $ 468,733
Restricted cash 184,989 224,934
Receivables:    
Accounts and notes receivable 786,145 535,176
Other receivables 21,474 21,551
Allowance for doubtful accounts (196,159) (198,802)
Receivables, net 611,460 357,925
Income tax receivable 25,150 41,178
Prepaid expenses and other current assets 134,615 93,461
Current assets held for sale 57,990 102,623
Total current assets (includes VIE amounts of $537,880 and $407,315, see Note 2) 1,493,215 1,288,854
Notes receivable, net 9,448 4,116
Property and equipment:    
Land 402,781 397,153
Buildings 995,922 1,026,656
Furniture, equipment and software 1,238,810 1,188,211
Leasehold improvements 440,121 423,658
Construction in-progress 75,392 84,520
Accumulated depreciation and amortization (1,257,674) (1,185,294)
Property and equipment, net 1,895,352 1,934,904
Land use rights, net 2,735 2,713
Goodwill 1,942,335 1,954,666
Other intangible assets:    
Tradenames 1,280,617 1,295,614
Other intangible assets, net 34,095 35,927
Deferred costs, net 67,061 64,128
Deferred income taxes 177,601 156,006
Derivative instruments 41,341 48,186
Other assets 261,727 214,218
Long-term assets held for sale 311,231 392,391
Total assets (includes VIE amounts of $1,375,479 and $1,419,579, see Note 2) 7,516,758 7,391,723
Current liabilities:    
Accounts payable 82,825 79,568
Accrued expenses 310,362 291,216
Accrued compensation and benefits 191,755 247,575
Deferred revenue and student deposits 675,455 312,422
Current portion of long-term debt 131,738 154,234
Current portion of due to shareholders of acquired companies 35,431 40,140
Income taxes payable 18,636 29,857
Derivative instruments 123 4,458
Other current liabilities 42,101 38,560
Current liabilities held for sale 103,340 176,719
Total current liabilities (includes VIE amounts of $425,234 and $341,147, see Note 2) 1,591,766 1,374,749
Long-term debt, less current portion 2,852,334 3,207,064
Due to shareholders of acquired companies, less current portion 39,512 39,429
Deferred compensation 14,594 14,470
Income taxes payable 81,321 112,576
Deferred income taxes 293,957 278,215
Derivative instruments 14,772 9,390
Other long-term liabilities 312,001 260,144
Long-term liabilities held for sale 86,853 94,407
Total liabilities (includes VIE amounts of $496,419 and $449,561, see Note 2) 5,287,110 5,390,444
Stockholders' equity:    
Preferred stock, par value $0.001 per share – 49,488 shares authorized, no shares issued and outstanding as of March 31, 2018 and December 31, 2017 0 0
Additional paid-in capital 3,383,778 3,446,206
Accumulated deficit (772,283) (946,236)
Accumulated other comprehensive loss (839,322) (925,556)
Total Laureate Education, Inc. stockholders' equity 1,772,924 1,575,164
Noncontrolling interests (5,451) 12,118
Total stockholders' equity 1,767,473 1,587,282
Total liabilities and stockholders' equity 7,516,758 7,391,723
Series A Convertible Redeemable Preferred Stock    
Current liabilities:    
Total redeemable noncontrolling interests and equity 447,881 400,276
Redeemable noncontrolling interests and equity    
Current liabilities:    
Total redeemable noncontrolling interests and equity 14,294 13,721
Class A Common Stock    
Stockholders' equity:    
Common stock 221 220
Class B Common Stock    
Stockholders' equity:    
Common stock $ 530 $ 530