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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (includes VIE amounts of $75,019 and $158,387, see Note 2) $ 278,782 $ 388,490
Restricted cash 203,633 201,300
Receivables:    
Accounts and notes receivable 606,235 399,322
Other receivables 13,429 11,596
Allowance for doubtful accounts (165,011) (161,649)
Receivables, net 454,653 249,269
Income tax receivable 82,269 18,515
Prepaid expenses and other current assets 72,474 53,187
Current assets held for sale 308,650 306,372
Total current assets (includes VIE amounts of $590,857 and $483,613, see Note 2) 1,400,461 1,217,133
Notes receivable, net 7,159 2,397
Property and equipment:    
Land 239,536 234,826
Buildings 651,359 645,177
Furniture, equipment and software 995,564 968,468
Leasehold improvements 330,749 356,824
Construction in-progress 38,500 60,919
Accumulated depreciation and amortization (1,018,103) (987,279)
Property and equipment, net 1,237,605 1,278,935
Operating lease right-of-use assets, net 952,890  
Land use rights, net 1,592 1,552
Goodwill 1,738,228 1,707,089
Other intangible assets:    
Tradenames 1,134,342 1,126,244
Other intangible assets, net 2,476 25,429
Deferred costs, net 68,049 66,835
Deferred income taxes 145,455 136,487
Derivative instruments 6,197 3,259
Other assets 177,855 172,817
Long-term assets held for sale 961,212 1,031,459
Total assets (includes VIE amounts of $1,360,948 and $1,196,813, see Note 2) 7,833,521 6,769,636
Current liabilities:    
Accounts payable 70,629 67,303
Accrued expenses 241,368 227,583
Accrued compensation and benefits 143,194 196,355
Deferred revenue and student deposits 556,384 193,226
Current portion of operating leases 97,517  
Current portion of long-term debt and finance leases 105,264 101,866
Current portion of due to shareholders of acquired companies 25,251 23,820
Income taxes payable 22,288 20,901
Derivative instruments 1,223 4,021
Other current liabilities 23,033 46,621
Current liabilities held for sale 315,521 308,391
Total current liabilities (includes VIE amounts of $358,368 and $207,977, see Note 2) 1,601,672 1,190,087
Long-term operating leases, less current portion 871,588  
Long-term debt and finance leases, less current portion 2,136,328 2,593,585
Due to shareholders of acquired companies, less current portion 21,044 21,571
Deferred compensation 12,918 12,778
Income taxes payable 89,706 93,460
Deferred income taxes 217,886 217,558
Derivative instruments 0 6,656
Other long-term liabilities 166,385 214,306
Long-term liabilities held for sale 374,179 354,293
Total liabilities (includes VIE amounts of $521,229 and $274,744, see Note 2) 5,491,706 4,704,294
Stockholders' equity:    
Preferred stock, par value $0.001 per share – 49,889 shares authorized as of March 31, 2019 and December 31, 2018, respectively, no shares issued and outstanding as of March 31, 2019 and December 31, 2018 0 0
Additional paid-in capital 3,705,787 3,703,796
Accumulated deficit (310,732) (530,919)
Accumulated other comprehensive loss (1,060,565) (1,112,695)
Total Laureate Education, Inc. stockholders' equity 2,335,388 2,061,079
Noncontrolling interests (7,482) (10,133)
Total stockholders' equity 2,327,906 2,050,946
Total liabilities and stockholders' equity 7,833,521 6,769,636
Redeemable noncontrolling interests and equity    
Current liabilities:    
Redeemable noncontrolling interests and equity 13,909 14,396
Class A Common Stock    
Stockholders' equity:    
Common stock 431 430
Class B Common Stock    
Stockholders' equity:    
Common stock $ 467 $ 467