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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (includes VIE amounts of $69,692 and $158,387, see Note 2) $ 236,412 $ 388,490
Restricted cash 188,938 201,300
Receivables:    
Accounts and notes receivable 531,390 399,322
Other receivables 13,943 11,596
Allowance for doubtful accounts (177,167) (161,649)
Receivables, net 368,166 249,269
Income tax receivable 42,094 18,515
Prepaid expenses and other current assets 98,083 53,187
Current assets held for sale 187,166 306,372
Total current assets 1,120,859 1,217,133
Notes receivable, net 14,613 2,397
Property and equipment:    
Land 239,860 234,826
Buildings 668,619 645,177
Furniture, equipment and software 1,013,347 968,468
Leasehold improvements 335,259 356,824
Construction in-progress 40,720 60,919
Accumulated depreciation and amortization (1,059,335) (987,279)
Property and equipment, net 1,238,470 1,278,935
Operating lease right-of-use assets, net 937,884  
Land use rights, net 1,607 1,552
Goodwill 1,737,455 1,707,089
Other intangible assets:    
Tradenames 1,134,648 1,126,244
Other intangible assets, net 2,076 25,429
Deferred costs, net 70,283 66,835
Deferred income taxes 150,076 136,487
Derivative instruments 0 3,259
Other assets 189,958 172,817
Long-term assets held for sale 493,859 1,031,459
Total assets 7,091,788 6,769,636
Current liabilities:    
Accounts payable 70,908 67,303
Accrued expenses 231,836 227,583
Accrued compensation and benefits 172,745 196,355
Deferred revenue and student deposits 283,763 193,226
Current portion of operating leases 95,697  
Current portion of long-term debt and finance leases 136,127 101,866
Current portion of due to shareholders of acquired companies 14,239 23,820
Income taxes payable 30,360 20,901
Derivative instruments 0 4,021
Other current liabilities 30,649 46,621
Current liabilities held for sale 139,162 308,391
Total current liabilities (includes VIE amounts of $190,725 and $207,977, see Note 2) 1,205,486 1,190,087
Long-term operating leases, less current portion 862,369  
Long-term debt and finance leases, less current portion 1,222,142 2,593,585
Due to shareholders of acquired companies, less current portion 21,626 21,571
Deferred compensation 13,059 12,778
Income taxes payable 86,367 93,460
Deferred income taxes 227,677 217,558
Derivative instruments 0 6,656
Other long-term liabilities 169,627 214,306
Long-term liabilities held for sale 163,859 354,293
Total liabilities 3,972,212 4,704,294
Stockholders' equity:    
Preferred stock, par value $0.001 per share – 49,889 shares authorized as of June 30, 2019 and December 31, 2018, respectively, no shares issued and outstanding as of June 30, 2019 and December 31, 2018 0 0
Additional paid-in capital 3,707,305 3,703,796
Retained earnings (accumulated deficit) 470,860 (530,919)
Accumulated other comprehensive loss (1,060,849) (1,112,695)
Total Laureate Education, Inc. stockholders' equity 3,118,214 2,061,079
Noncontrolling interests (11,131) (10,133)
Total stockholders' equity 3,107,083 2,050,946
Total liabilities and stockholders' equity 7,091,788 6,769,636
Redeemable noncontrolling interests and equity    
Current liabilities:    
Redeemable noncontrolling interests and equity 12,493 14,396
Class A Common Stock    
Stockholders' equity:    
Common stock 475 430
Class B Common Stock    
Stockholders' equity:    
Common stock $ 423 $ 467