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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 1,001,802 $ 1,017,196 $ 1,623,598 $ 1,649,412
Costs and expenses:        
Direct costs 720,230 725,774 1,372,644 1,403,309
General and administrative expenses 67,405 73,202 121,316 120,504
Loss on impairment of assets 470 0 470 0
Operating income 213,697 218,220 129,168 125,599
Interest income 2,844 2,588 6,397 5,856
Interest expense (41,467) (60,110) (96,122) (123,445)
Loss on debt extinguishment (15,595) 0 (26,217) (7,481)
Gain on derivatives 2,632 111,596 7,815 92,256
Other income (expense), net 7,696 (91) 8,055 2,506
Foreign currency exchange gain (loss), net 8,817 (5,668) 4,158 (17,450)
Income from continuing operations before income taxes and equity in net income of affiliates 178,624 266,535 33,254 77,841
Income tax expense (74,343) (92,654) (39,287) (69,595)
Equity in net income of affiliates, net of tax 219 0 219 0
(Loss) income from continuing operations 104,500 173,881 (5,814) 8,246
Income from discontinued operations, net of tax benefit (expense) 33,600 38,072 90,174 56,925
Gain on sales of discontinued operations, net of tax expense (benefit) 641,516 12,003 889,521 330,330
Net income 779,616 223,956 973,881 395,501
Net income (loss) attributable to noncontrolling interests 1,976 456 (1,046) (2,210)
Net income attributable to Laureate Education, Inc. 781,592 224,412 972,835 393,291
Accretion of Series A convertible redeemable preferred stock and other redeemable noncontrolling interests and equity 194 (4,324) 457 (61,727)
Gain upon conversion of Series A convertible redeemable preferred stock 0 74,110 0 74,110
Net income (loss) available to common stockholders $ 781,786 $ 294,198 $ 973,292 $ 405,674
Basic earnings per share:        
(Loss) Income from continuing operations (in dollars per share) $ 0.48 $ 1.14 $ (0.03) $ 0.09
Income from discontinued operations (in dollars per share) 3.00 0.23 4.36 1.92
Basic earnings per share (in dollars per share) 3.48 1.37 4.33 2.01
Diluted earnings per share:        
(Loss) Income from continuing operations (in dollars per share) 0.48 0.78 (0.03) 0.03
Income from discontinued operations (in dollars per share) 3.00 0.22 4.36 1.72
Diluted earnings per share (in dollars per share) $ 3.48 $ 1.00 $ 4.33 $ 1.75