Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Components of net changes in stockholders' equity

The components of net changes in stockholders’ equity for the three months ended March 31, 2020 are as follows:

	Laureate Education, Inc. Stockholders
	Class A Common Stock			Class B Common Stock			Additional paid-in capital		Retained earnings		Accumulated other comprehensive (loss) income		Treasury stock at cost		Non-controlling interests		Total stockholders’ equity
	Shares	Amount		Shares	Amount
Balance at December 31, 2019	119,575	$	542	90,831	$	363	$	3,724,636	$	436,509	$	(1,073,981)	$	(271,106)	$	(12,812)	$	2,804,151
Non-cash stock compensation	—	—		—	—		1,984		—		—		—		—		1,984
Conversion of Class B shares to Class A shares	18	—		(18)	—		—		—		—		—		—		—
Purchase of treasury stock at cost	(1,619)	—		—	—		—		—		—		(29,203)		—		(29,203)
Exercise of stock options and vesting of restricted stock, net of shares withheld to satisfy tax withholding	1,101	4		—	—		25,610		—		—		—		—		25,614
Accretion of redeemable noncontrolling interests and equity	—	—		—	—		(44)		—		—		—		—		(44)
Reclassification of redeemable noncontrolling interests and equity	—	—		—	—		—		—		—		—		38		38
Net income (loss)	—	—		—	—		—		99,615		—		—		(1,299)		98,316
Foreign currency translation adjustment, net of tax of $0	—	—		—	—		—		—		(330,875)		—		759		(330,116)
Minimum pension liability adjustment, net of tax of $0	—	—		—	—		—		—		(932)		—		—		(932)
Balance at March 31, 2020	119,075	$	546	90,813	$	363	$	3,752,186	$	536,124	$	(1,405,788)	$	(300,309)	$	(13,314)	$	2,569,808

The components of net changes in stockholders’ equity for the three months ended March 31, 2019 are as follows:

	Laureate Education, Inc. Stockholders
	Class A Common Stock			Class B Common Stock			Additional paid-in capital		(Accumulated deficit) retained earnings		Accumulated other comprehensive (loss) income		Treasury stock at cost		Non-controlling interests		Total stockholders’ equity
	Shares	Amount		Shares	Amount
Balance at December 31, 2018	107,450	$	430	116,865	$	467	$	3,703,796	$	(530,919)	$	(1,112,695)	$	—	$	(10,133)	$	2,050,946
Adoption of accounting standards	—	—		—	—		—		28,944		—		—		—		28,944
Balance at January 1, 2019	107,450	430		116,865	467		3,703,796		(501,975)		(1,112,695)		—		(10,133)		2,079,890
Non-cash stock compensation	—	—		—	—		3,149		—		—		—		—		3,149
Conversion of Class B shares to Class A shares	8	—		(8)	—		—		—		—		—		—		—
Vesting of restricted stock, net of shares withheld to satisfy tax withholding	325	1		—	—		(1,421)		—		—		—		—		(1,420)
Distributions to noncontrolling interest holders	—	—		—	—		—		—		—		—		(625)		(625)
Accretion of redeemable noncontrolling interests and equity	—	—		—	—		263		—		—		—		—		263
Reclassification of redeemable noncontrolling interests and equity	—	—		—	—		—		—		—		—		224		224
Net income	—	—		—	—		—		191,243		—		—		3,022		194,265
Foreign currency translation adjustment, net of tax of $0	—	—		—	—		—		—		49,521		—		30		49,551
Unrealized gain on derivatives, net of tax of $0	—	—		—	—		—		—		2,609		—		—		2,609
Balance at March 31, 2019	107,783	$	431	116,857	$	467	$	3,705,787	$	(310,732)	$	(1,060,565)	$	—	$	(7,482)	$	2,327,906

Schedule of accumulated other comprehensive income (loss)

The components of these balances were as follows:

	March 31, 2020						December 31, 2019
	Laureate Education, Inc.		Noncontrolling Interests		Total		Laureate Education, Inc.		Noncontrolling Interests		Total
Foreign currency translation adjustment	$	(1,415,526)	$	1,085	$	(1,414,441)	$	(1,084,651)	$	326	$	(1,084,325)
Unrealized gain on derivatives	10,416		—		10,416		10,416		—		10,416
Minimum pension liability adjustment	(678)		—		(678)		254		—		254
Accumulated other comprehensive loss	$	(1,405,788)	$	1,085	$	(1,404,703)	$	(1,073,981)	$	326	$	(1,073,655)