Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of earnings per share, basic and diluted

The following tables summarize the computations of basic and diluted earnings (loss) per share:


For the three months ended June 30,	2020		2019
Numerator used in basic and diluted earnings (loss) per common share for continuing operations:
(Loss) income from continuing operations	$	(301,753)	$	107,820
Net loss (income) attributable to noncontrolling interests	27		(6)
(Loss) income from continuing operations attributable to Laureate Education, Inc.	(301,726)		107,814

Accretion of redemption value of redeemable noncontrolling interests and equity	201		194





Net (loss) income from continuing operations available to common stockholders for basic and diluted earnings (loss) per share	$	(301,525)	$	108,008




Numerator used in basic and diluted earnings (loss) per common share for discontinued operations:
(Loss) income from discontinued operations, net of tax	$	(12,171)	$	30,280
Gain on sales of discontinued operations, net of tax	2,296		641,516
Loss attributable to noncontrolling interests	3,778		1,982

Net (loss) income from discontinued operations for basic and diluted earnings (loss) per share	$	(6,097)	$	673,778

Denominator used in basic and diluted earnings (loss) per common share:
Basic weighted average shares outstanding	209,929		224,658

Dilutive effect of stock options	—		25
Dilutive effect of restricted stock units	—		263
Diluted weighted average shares outstanding	209,929		224,946

Basic and diluted earnings (loss) per share:
(Loss) income from continuing operations	$	(1.44)	$	0.48
(Loss) income from discontinued operations	(0.03)		3.00
Basic and diluted (loss) earnings per share	$	(1.47)	$	3.48

Schedule of antidilutive securities excluded from computation of earnings per share

The following table summarizes the number of stock options, shares of restricted stock and restricted stock units (RSUs) that were excluded from the diluted EPS calculations because the effect would have been antidilutive:


	For the three months ended June 30,			For the six months ended June 30,
	2020	2019	2020	2019
Stock options	4,100	8,846	4,391	8,993
Restricted stock and RSUs	747	14	705	915