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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenues $ 791,678 $ 992,403 $ 1,320,235 $ 1,593,475
Costs and expenses:        
Direct costs 554,132 707,363 1,146,887 1,346,553
General and administrative expenses 47,241 67,405 96,410 121,316
Total Chile impairment 445,085 470 448,853 470
Operating (loss) income (254,780) 217,165 (371,915) 125,136
Interest income 1,016 2,844 3,683 6,397
Interest expense (33,812) (41,466) (69,922) (96,119)
Loss on debt extinguishment 0 (15,595) 0 (26,217)
(Loss) gain on derivatives (1,428) 2,632 (626) 7,815
Other (expense) income, net (406) 7,704 (508) 8,101
Foreign currency exchange (loss) gain, net (4,903) 8,881 31,041 4,135
Gain on disposal of subsidiaries, net 93 0 2,822 0
Income from continuing operations before income taxes and equity in net (loss) income of affiliates (294,220) 182,165 (405,425) 29,248
Income tax expense (7,529) (74,564) 227,573 (38,716)
Equity in net income of affiliates, net of tax (4) 219 181 219
(Loss) income from continuing operations (301,753) 107,820 (177,671) (9,249)
(Loss) income from discontinued operations, net of tax expense of $3,391 and $13,863, respectively (12,171) 30,280 (15,975) 93,609
Gain on sales of discontinued operations, net of tax 2,296 641,516 (19,666) 889,521
Net (loss) income (311,628) 779,616 (213,312) 973,881
Net loss (income) attributable to noncontrolling interests 3,805 1,976 5,104 (1,046)
Net (loss) income attributable to Laureate Education, Inc. $ (307,823) $ 781,592 $ (208,208) $ 972,835
Basic and diluted earnings (loss) per share:        
(Loss) income from continuing operations (in dollars per share) $ (1.44) $ 0.48 $ (0.85) $ (0.04)
(Loss) income from discontinued operations (in dollars per share) (0.03) 3.00 (0.15) 4.37
Basic and diluted (loss) earnings per share (in dollars per share) $ (1.47) $ 3.48 $ (1.00) $ 4.33