Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Earnings Per Share, Basic and Diluted

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


For the years ended December 31,	2023		2022		2021
Numerator used in basic and diluted earnings (loss) per common share for continuing operations:
Income (loss) from continuing operations	$	117,029	$	60,718	$	(283,080)
Net loss (income) attributable to noncontrolling interests	323		595		(11,839)
Income (loss) from continuing operations attributable to Laureate Education, Inc.	117,352		61,313		(294,919)

Accretion of redemption value of redeemable noncontrolling interests and equity	—		—		(88)



Net income (loss) from continuing operations available to common stockholders for basic and diluted earnings per share	$	117,352	$	61,313	$	(295,007)

Numerator used in basic and diluted earnings (loss) per common share for discontinued operations:
(Loss) income from discontinued operations, net of tax	$	(9,762)	$	8,260	$	486,865
Loss attributable to noncontrolling interests	—		—		500
Net (loss) income from discontinued operations for basic and diluted earnings per share	$	(9,762)	$	8,260	$	487,365

Denominator used in basic and diluted earnings (loss) per common share:
Basic weighted average shares outstanding	157,256		167,670		189,692
Effect of dilutive stock options	237		310		—
Effect of dilutive restricted stock units	386		288		—
Diluted weighted average shares outstanding	157,879		168,268		189,692

Basic earnings per share:
Income (loss) from continuing operations	$	0.75	$	0.37	$	(1.56)
(Loss) income from discontinued operations	(0.06)		0.05		2.57
Basic earnings per share	$	0.69	$	0.42	$	1.01
Diluted earnings per share:
Income (loss) from continuing operations	$	0.74	$	0.36	$	(1.56)
(Loss) income from discontinued operations	(0.06)		0.05		2.57
Diluted earnings per share	$	0.68	$	0.41	$	1.01

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 years ended December 31,	2023	2022	2021
Stock options	—	40	2,953
Restricted stock and RSUs	4	237	899