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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 462,067 $ 385,381 $ 713,322 $ 594,944
Costs and expenses:        
Direct costs 293,998 242,814 519,310 425,694
General and administrative expenses 11,960 15,926 22,274 33,431
Loss on impairment of assets 1,620 0 1,620 144
Operating income 154,489 126,641 170,118 135,675
Interest income 1,951 1,685 4,109 3,653
Interest expense (6,137) (4,164) (12,089) (7,895)
Other income (expense), net (129) 246 132 (980)
Foreign currency exchange loss, net (32,357) (14,451) (61,309) (18,052)
Gain on disposal of subsidiaries, net 1 1,461 307 1,461
Income from continuing operations before income taxes and equity in net (loss) income of affiliates 117,818 111,418 101,268 113,862
Income tax expense (57,468) (71,966) (67,663) (119,933)
Equity in net (loss) income of affiliates, net of tax 0 (38) (3) 70
Income (loss) from continuing operations 60,350 39,414 33,602 (6,001)
(Loss) income from discontinued operations, net of tax of $0 for both periods (4,037) 4,145 (4,051) 4,880
Net income (loss) 56,313 43,559 29,551 (1,121)
Net loss attributable to noncontrolling interests (136) (136) 19 333
Net income (loss) attributable to Laureate Education, Inc. $ 56,177 $ 43,423 $ 29,570 $ (788)
Basic earnings (loss) per share:        
Income from continuing operations, basic (in dollars per share) $ 0.38 $ 0.24 $ 0.21 $ (0.03)
(Loss) income from discontinued operations, basic (in dollars per share) (0.03) 0.02 (0.03) 0.03
Basic earnings per share (in dollars per share) 0.35 0.26 0.18 0
Diluted earnings (loss) per share:        
Income from continuing operations, diluted (in dollars per share) 0.38 0.23 0.21 (0.03)
(Loss) income from discontinued operations, diluted (in dollars per share) (0.03) 0.02 (0.03) 0.03
Diluted earnings per share (in dollars per share) $ 0.35 $ 0.25 $ 0.18 $ 0