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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 385,381 $ 327,579 $ 594,944 $ 522,280
Costs and expenses:        
Direct costs 242,814 213,315 425,694 395,163
General and administrative expenses 15,926 49,361 33,431 91,955
Loss on impairment of assets 0 7,219 144 63,869
Operating income (loss) 126,641 57,684 135,675 (28,707)
Interest income 1,685 477 3,653 1,188
Interest expense (4,164) (13,541) (7,895) (37,059)
Loss on debt extinguishment 0 (77,927) 0 (77,940)
Loss on derivatives 0 (53,847) 0 (24,517)
Other expense, net 246 (55) (980) (21)
Foreign currency exchange gain (loss) (14,451) (15,519) (18,052) 12,664
Gain on disposal of subsidiaries, net 1,461 27 1,461 27
Income (loss) from continuing operations before income taxes and equity in net income of affiliates 111,418 (102,701) 113,862 (154,365)
Income tax expense (71,966) (13,184) (119,933) (126,045)
Equity in net loss of affiliates, net of tax (38) 0 70 0
Loss from continuing operations 39,414 (115,885) (6,001) (280,410)
Income from discontinued operations, net of tax expense of $0 and $8,602, respectively 4,145 86,661 4,880 86,243
Net loss 43,559 (29,224) (1,121) (194,167)
Net loss attributable to noncontrolling interests (136) 224 333 239
Net income (loss) attributable to Laureate Education, Inc. $ 43,423 $ (29,000) $ (788) $ (193,928)
Basic earnings (loss) per share:        
Loss from continuing operations, basic (in dollars per share) $ 0.24 $ (0.60) $ (0.03) $ (1.43)
Loss from continuing operations, diluted (in dollars per share) 0.23 (0.60) (0.03) (1.43)
Income (loss) from discontinued operations, basic (in dollars per share) 0.02 0.45 0.03 0.44
Income (loss) from discontinued operations, diluted (in dollars per share) 0.02 0.45 0.03 0.44
Basic earnings (loss) per share (in dollars per share) 0.26 (0.15) 0 (0.99)
Diluted earnings (loss) per share (in dollars per share) $ 0.25 $ (0.15) $ 0 $ (0.99)