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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 267,691 $ 243,523 $ 789,971 $ 739,698
Costs and expenses:        
Direct costs 181,978 185,758 577,141 614,125
General and administrative expenses 47,315 52,603 139,270 140,812
Loss on impairment of assets 3,292 323,397 67,161 350,939
Operating income (loss) 35,106 (318,235) 6,399 (366,178)
Interest income 1,268 684 2,456 1,594
Interest expense (3,736) (24,703) (40,795) (75,698)
Loss on debt extinguishment     (77,940) 0
Loss on derivatives     (24,517) (626)
Other (expense) income, net (46) 1,300 (67) 814
Foreign currency exchange gain (loss), net 6,085 (2,907) 18,749 71,074
(Loss) gain on disposal of subsidiaries, net (949) 622 (922) (1,178)
Income (loss) from continuing operations before income taxes and equity in net income of affiliates 37,728 (343,239) (116,637) (370,198)
Income tax (expense) benefit (48,118) 72,199 (174,163) 293,514
Equity in net income of affiliates, net of tax     0 181
Loss from continuing operations (10,390) (271,040) (290,800) (76,503)
Income (loss) from discontinued operations, net of tax expense of $248,838 and $103,794, respectively 370,527 (513,390) 456,770 (921,239)
Net income (loss) 360,137 (784,430) 165,970 (997,742)
Net loss attributable to noncontrolling interests 269 (12) 508 5,092
Net income (loss) attributable to Laureate Education, Inc. $ 360,406 $ (784,442) $ 166,478 $ (992,650)
Basic and diluted earnings (loss) per share:        
Loss from continuing operations (in dollars per share) $ (0.06) $ (1.29) $ (1.51) $ (0.36)
Loss from continuing operations, diluted (in dollars per share) (0.06) (1.29) (1.51) (0.36)
Loss from discontinued operations, basic (in dollars per share) 2.00 (2.44) 2.37 (4.36)
Loss from discontinued operations, diluted (in dollars per share) 2.00 (2.44) 2.37 (4.36)
Basic loss per share (in dollars per share) 1.94 (3.73) 0.86 (4.72)
Diluted earnings per share (in dollars per share) $ 1.94 $ (3.73) $ 0.86 $ (4.72)