2019 Q4 Form 10-K Financial Statement

#000162828020002350 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $351.8M $277.3M $370.9M
YoY Change -60.58% -64.37% -63.1%
Cost Of Revenue $242.7M $229.7M $707.4M
YoY Change -121.29% -65.48% -2.54%
Gross Profit $109.2M $47.53M -$336.4M
YoY Change -196.64% -57.83% -220.39%
Gross Profit Margin 31.04% 17.14% -90.7%
Selling, General & Admin $51.90M $65.90M $54.60M
YoY Change -29.1% -10.58% -25.41%
% of Gross Profit 47.53% 138.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.10M $48.90M $49.80M
YoY Change -5.8% -18.23% -20.19%
% of Gross Profit 43.13% 102.88%
Operating Expenses $51.80M $66.00M $54.60M
YoY Change -29.23% -10.57% -25.41%
Operating Profit $57.32M -$18.41M $51.98M
YoY Change -57.38% -163.49% -76.27%
Interest Expense -$39.40M $28.32M $41.47M
YoY Change -241.73% -51.44% -31.02%
% of Operating Profit -68.74% 79.78%
Other Income/Expense, Net -$200.0K $992.0K $7.704M
YoY Change 0.0% -88.07% -8565.93%
Pretax Income -$1.700M -$38.56M $182.2M
YoY Change -98.86% -12.56% -31.65%
Income Tax -$62.90M $48.09M $74.56M
% Of Pretax Income 40.93%
Net Earnings $60.88M -$95.23M $781.6M
YoY Change -14.94% 0.46% 248.29%
Net Earnings / Revenue 17.3% -34.34% 210.71%
Basic Earnings Per Share $0.28 -$0.43 $3.48
Diluted Earnings Per Share $0.28 -$0.43 $3.48
COMMON SHARES
Basic Shares Outstanding 224.7M shares
Diluted Shares Outstanding 224.2M shares 224.9M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $61.60M $323.9M $236.4M
YoY Change -84.12% -17.44% -41.25%
Cash & Equivalents $61.58M $93.15M $209.8M
Short-Term Investments
Other Short-Term Assets $519.5M $668.7M $697.3M
YoY Change 5.66% -6.54% -16.33%
Inventory
Prepaid Expenses $29.81M $64.02M $98.08M
Receivables $62.70M $360.3M $354.2M
Other Receivables $12.39M $60.50M $56.10M
Total Short-Term Assets $916.1M $1.124B $1.121B
YoY Change -24.74% -22.71% -11.86%
LONG-TERM ASSETS
Property, Plant & Equipment $640.6M $1.191B $1.238B
YoY Change -49.77% -5.27% -30.96%
Goodwill $606.5M $1.677B $1.737B
YoY Change 4.83% -1.88% -4.48%
Intangibles $562.1M
YoY Change -51.19%
Long-Term Investments
YoY Change
Other Assets $72.25M $175.2M $190.0M
YoY Change -58.16% 0.18% -21.09%
Total Long-Term Assets $5.580B $5.701B $5.971B
YoY Change 0.5% 2.97% 5.52%
TOTAL ASSETS
Total Short-Term Assets $916.1M $1.124B $1.121B
Total Long-Term Assets $5.580B $5.701B $5.971B
Total Assets $6.496B $6.825B $7.092B
YoY Change -4.04% -2.37% 2.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.43M $69.89M $70.91M
YoY Change -2.95% 35.98% -2.15%
Accrued Expenses $103.6M $260.1M $231.8M
YoY Change -53.37% -3.4% -17.12%
Deferred Revenue $54.85M $464.3M $283.8M
YoY Change -71.61% -0.2% -19.37%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $49.20M $131.4M $150.4M
YoY Change -60.51% 2.98% -17.54%
Total Short-Term Liabilities $1.045B $1.376B $1.205B
YoY Change -12.19% -10.48% -3.71%
LONG-TERM LIABILITIES
Long-Term Debt $1.103B $1.158B $1.222B
YoY Change -57.45% -53.77% -55.66%
Other Long-Term Liabilities $31.30M $159.3M $169.6M
YoY Change -85.35% -33.38% -40.14%
Total Long-Term Liabilities $1.711B $1.646B $1.740B
YoY Change -45.77% -47.16% -49.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.045B $1.376B $1.205B
Total Long-Term Liabilities $1.711B $1.646B $1.740B
Total Liabilities $3.680B $3.982B $3.972B
YoY Change -21.77% -20.46% -17.29%
SHAREHOLDERS EQUITY
Retained Earnings $436.5M $375.6M $470.9M
YoY Change -182.22% -158.38% -185.83%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $271.1M $104.8M
YoY Change
Treasury Stock Shares 16.01M shares
Shareholders Equity $2.817B $2.843B $3.118B
YoY Change
Total Liabilities & Shareholders Equity $6.496B $6.825B $7.092B
YoY Change -4.04% -2.37% 2.33%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $60.88M -$95.23M $781.6M
YoY Change -14.94% 0.46% 248.29%
Depreciation, Depletion And Amortization $47.10M $48.90M $49.80M
YoY Change -5.8% -18.23% -20.19%
Cash From Operating Activities -$18.20M $445.7M $54.70M
YoY Change -34.53% 58.11% 35.4%
INVESTING ACTIVITIES
Capital Expenditures -$53.50M -$39.30M -$30.50M
YoY Change -38.86% -30.81% -38.38%
Acquisitions
YoY Change
Other Investing Activities $119.6M -$12.40M $838.8M
YoY Change -602.52% -164.25% 7456.76%
Cash From Investing Activities $66.10M -$51.70M $808.3M
YoY Change -159.39% 37.87% -2204.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -86.40M -191.5M -946.5M
YoY Change -212.5% 104.16% 3827.39%
NET CHANGE
Cash From Operating Activities -18.20M 445.7M 54.70M
Cash From Investing Activities 66.10M -51.70M 808.3M
Cash From Financing Activities -86.40M -191.5M -946.5M
Net Change In Cash -38.50M 202.5M -83.50M
YoY Change -38.2% 34.46% 277.83%
FREE CASH FLOW
Cash From Operating Activities -$18.20M $445.7M $54.70M
Capital Expenditures -$53.50M -$39.30M -$30.50M
Free Cash Flow $35.30M $485.0M $85.20M
YoY Change -40.87% 43.19% -5.23%

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89143000 USD
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124308000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-29813000 USD
CY2018 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-7474000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-164785000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-29186000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-37796000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-4135000 USD
CY2019 laur Increase Decrease From Non Income Tax Contingencies
IncreaseDecreaseFromNonIncomeTaxContingencies
-9075000 USD
CY2018 laur Increase Decrease From Non Income Tax Contingencies
IncreaseDecreaseFromNonIncomeTaxContingencies
-6839000 USD
CY2017 laur Increase Decrease From Non Income Tax Contingencies
IncreaseDecreaseFromNonIncomeTaxContingencies
2883000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5341000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
10297000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3463000 USD
CY2019 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
163202000 USD
CY2018 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
83316000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
129335000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
42047000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
39347000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
60051000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5574000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7512000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30407000 USD
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-36220000 USD
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
48875000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-10695000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-53152000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
52733000 USD
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
11076000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
339769000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
396858000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
192157000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
155641000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
238046000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
274063000 USD
CY2019 laur Payments For Deferred Project Costs
PaymentsForDeferredProjectCosts
17701000 USD
CY2018 laur Payments For Deferred Project Costs
PaymentsForDeferredProjectCosts
19866000 USD
CY2017 laur Payments For Deferred Project Costs
PaymentsForDeferredProjectCosts
19717000 USD
CY2019 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
1266042000 USD
CY2018 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
375807000 USD
CY2017 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
9831000 USD
CY2019 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-12866000 USD
CY2018 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
9960000 USD
CY2017 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
842000 USD
CY2018 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
27356000 USD
CY2017 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
370000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1205000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17019000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
835000 USD
CY2019 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
84000 USD
CY2018 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-2778000 USD
CY2017 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-268000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
11473000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1116760000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
115494000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-284682000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1123179000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
485470000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2898836000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2507790000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
867915000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3038946000 USD
CY2019 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-20157000 USD
CY2018 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-13650000 USD
CY2017 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-94891000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
5761000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
127000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
17443000 USD
CY2019 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
0 USD
CY2018 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
0 USD
CY2017 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
55290000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
11103000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
19371000 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
456359000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14007000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
264093000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2245000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2528000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2151000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9091000 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
587000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
81242000 USD
CY2019 laur Proceedsfrom Repaymentsof Debt Noncontrolling Interest
ProceedsfromRepaymentsofDebtNoncontrollingInterest
0 USD
CY2018 laur Proceedsfrom Repaymentsof Debt Noncontrolling Interest
ProceedsfromRepaymentsofDebtNoncontrollingInterest
0 USD
CY2017 laur Proceedsfrom Repaymentsof Debt Noncontrolling Interest
ProceedsfromRepaymentsofDebtNoncontrollingInterest
943000 USD
CY2019 laur Distributions From Distributions To Noncontrolling Interests
DistributionsFromDistributionsToNoncontrollingInterests
-2026000 USD
CY2018 laur Distributions From Distributions To Noncontrolling Interests
DistributionsFromDistributionsToNoncontrollingInterests
311000 USD
CY2017 laur Distributions From Distributions To Noncontrolling Interests
DistributionsFromDistributionsToNoncontrollingInterests
186000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1673977000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-410129000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
157570000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7338000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-13481000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25906000 USD
CY2019 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
167764000 USD
CY2018 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-30915000 USD
CY2017 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-32983000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-57022000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57827000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57968000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
583572000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
525745000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
467777000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
526550000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
583572000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
525745000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
938484000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
370067000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
91465000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
339629000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
387780000 USD
CY2019Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
83800000 USD
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
337686000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
519498000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
491667000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
942927000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
1217133000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1701495000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1707089000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1119454000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1126244000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1431000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25429000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
861878000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
305973000 USD
CY2019Q4 us-gaap Assets
Assets
6515628000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
1035197000 USD
CY2019Q4 laur Other Assets Noncurrent Excluding Intangible Assets And Goodwill
OtherAssetsNoncurrentExcludingIntangibleAssetsAndGoodwill
1582470000 USD
CY2018Q4 laur Other Assets Noncurrent Excluding Intangible Assets And Goodwill
OtherAssetsNoncurrentExcludingIntangibleAssetsAndGoodwill
1658544000 USD
CY2018Q4 us-gaap Assets
Assets
6769636000 USD
CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
64204000 USD
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
321520000 USD
CY2019Q4 laur Liabilities Current Excluding Disposal Group Including Discontinued Operation
LiabilitiesCurrentExcludingDisposalGroupIncludingDiscontinuedOperation
1006600000 USD
CY2018Q4 laur Liabilities Current Excluding Disposal Group Including Discontinued Operation
LiabilitiesCurrentExcludingDisposalGroupIncludingDiscontinuedOperation
868567000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
792358000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
124914000 USD
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
358863000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1711106000 USD
CY2018Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3155344000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
3699182000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
4704294000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2804151000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2050946000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2816963000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2061079000 USD
CY2019 laur Allowance For Doubtful Accounts Receivables Deemed Uncollectible Period
AllowanceForDoubtfulAccountsReceivablesDeemedUncollectiblePeriod
P2Y
CY2019Q4 laur Deferred Costs Online Course Development Noncurrent
DeferredCostsOnlineCourseDevelopmentNoncurrent
55728000 USD
CY2018Q4 laur Deferred Costs Online Course Development Noncurrent
DeferredCostsOnlineCourseDevelopmentNoncurrent
57065000 USD
CY2019Q4 laur Deferred Costs Accreditations Noncurrent
DeferredCostsAccreditationsNoncurrent
2697000 USD
CY2018Q4 laur Deferred Costs Accreditations Noncurrent
DeferredCostsAccreditationsNoncurrent
2734000 USD
CY2019Q4 laur Deferred Costs Gross
DeferredCostsGross
209163000 USD
CY2018Q4 laur Deferred Costs Gross
DeferredCostsGross
184855000 USD
CY2019Q4 laur Accumulated Amortization Of Deferred Costs
AccumulatedAmortizationOfDeferredCosts
139165000 USD
CY2018Q4 laur Accumulated Amortization Of Deferred Costs
AccumulatedAmortizationOfDeferredCosts
118020000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
66069000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
88241000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
227399000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
232282000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
222679000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
861878000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
883916000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
13000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3250326000 USD
CY2019 laur Revenue Components As Percent Of Total Revenue
RevenueComponentsAsPercentOfTotalRevenue
1
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3290213000 USD
CY2018 laur Revenue Components As Percent Of Total Revenue
RevenueComponentsAsPercentOfTotalRevenue
1
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
432910000 USD
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
373855000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
216816000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
193226000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
23900000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
11500000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
12300 USD
CY2018Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
4400000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
10200000 USD
CY2018 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4400000 USD
CY2019 laur Number Of Discontinued Vie Institutions
NumberOfDiscontinuedVIEInstitutions
1 institution
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
1372883000 USD
CY2019Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
389773000 USD
CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
189118000 USD
CY2019Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
11523000 USD
CY2018Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
23820000 USD
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
680383000 USD
CY2019Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
21518000 USD
CY2018Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
45391000 USD
CY2019Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
9995000 USD
CY2018Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
21571000 USD
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
CY2019 laur Income Loss Before Interest Tax Depreciation And Amortization Adjusted
IncomeLossBeforeInterestTaxDepreciationAndAmortizationAdjusted
796293000 USD
CY2018 laur Income Loss Before Interest Tax Depreciation And Amortization Adjusted
IncomeLossBeforeInterestTaxDepreciationAndAmortizationAdjusted
787463000 USD
CY2017 laur Income Loss Before Interest Tax Depreciation And Amortization Adjusted
IncomeLossBeforeInterestTaxDepreciationAndAmortizationAdjusted
811350000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
94398000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
121239000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-76767000 USD
CY2019 us-gaap Revenues
Revenues
3250326000 USD
CY2018 us-gaap Revenues
Revenues
3290213000 USD
CY2017 us-gaap Revenues
Revenues
3333073000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1199219000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1275341000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1825284000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4658000 USD
CY2018 us-gaap Goodwill Transfers
GoodwillTransfers
-15165000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-107688000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1707089000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1333000 USD
CY2019 us-gaap Goodwill Transfers
GoodwillTransfers
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-6927000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1701495000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1352000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5780000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11514000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
787000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
450000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
194000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
0 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1212008000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
91123000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1120885000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1253717000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
102044000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1151673000 USD
CY2018Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10030000 USD
CY2019Q4 laur Finance Lease Liability And Sale Lease Back Financing
FinanceLeaseLiabilityAndSaleLeaseBackFinancing
100113000 USD
CY2018Q4 laur Capital Lease Obligations And Sale Lease Back Financing
CapitalLeaseObligationsAndSaleLeaseBackFinancing
119443000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1445208000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
2782153000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
66069000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
88241000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
118822000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
100818000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1260317000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2593094000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-28267000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7481000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8392000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
12025000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
12542000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
14100000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
8607000 USD
CY2018Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
513000 USD
CY2017Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
81097000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
66069000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
88241000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
861878000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
54084000 USD
CY2019Q4 laur Lease Right Of Use Asset
LeaseRightOfUseAsset
915962000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
91558000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4940000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
792358000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
53313000 USD
CY2019Q4 laur Lease Liability
LeaseLiability
942169000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P11Y7M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0950
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0840
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
172752000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6277000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3971000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5247000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
14983000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
4777000 USD
CY2019 us-gaap Lease Cost
LeaseCost
198453000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
169592000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
9664000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
159404000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
9628000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
151025000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
9234000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
140569000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
8183000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
146332000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
6355000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
543266000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
49840000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1310188000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
92904000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
426272000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
34651000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
883916000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
58253000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
182838000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3971000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4506000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
39052000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16684000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
169172000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
170099000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
151795000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
142995000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
135426000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
128441000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
119955000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
482220000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1160832000 USD
CY2019Q4 us-gaap Business Combination Indemnification Assets Amount As Of Acquisition Date
BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate
69040000 USD
CY2018Q4 us-gaap Business Combination Indemnification Assets Amount As Of Acquisition Date
BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate
82061000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
28856000 USD
CY2018Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
16531000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5909000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6395000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
22947000 USD
CY2018Q4 us-gaap Notes Receivable Net
NotesReceivableNet
10136000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
Delinquency is the primary indicator of credit quality for our financing receivables. Receivable balances are considered delinquent when contractual payments on the loan become past due. Delinquent financing receivables are placed on non-accrual status for interest income. The accrual of interest is resumed when the financing receivable becomes contractually current and when collection of all remaining amounts due is reasonably assured. We record an Allowance for doubtful accounts to reduce our financing receivables to their net realizable value. The Allowance for doubtful accounts is based on the age of the receivables, the status of past-due amounts, historical collection trends, current economic conditions, and student enrollment status. Each of our institutions evaluates its balances for potential impairment. We consider impaired loans to be those that are past due one year or greater, and those that are modified as a troubled debt restructuring (TDR).
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
15600000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
13256000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
28856000 USD
CY2018Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
11333000 USD
CY2018Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
5198000 USD
CY2018Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
16531000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7086000 USD
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2238000 USD
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
24000 USD
CY2017 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1088000 USD
CY2017 laur Financing Receivable Allowance For Credit Losses Currency Translation Adjustments
FinancingReceivableAllowanceForCreditLossesCurrencyTranslationAdjustments
-512000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6472000 USD
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1482000 USD
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
675000 USD
CY2018 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1407000 USD
CY2018 laur Financing Receivable Allowance For Credit Losses Currency Translation Adjustments
FinancingReceivableAllowanceForCreditLossesCurrencyTranslationAdjustments
677000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6395000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1952000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1942000 USD
CY2019 laur Financing Receivable Allowance For Credit Losses Currency Translation Adjustments
FinancingReceivableAllowanceForCreditLossesCurrencyTranslationAdjustments
476000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5909000 USD
CY2019 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
386 loan
CY2019 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1537000 USD
CY2019 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1152000 USD
CY2018 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
469 loan
CY2018 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1405000 USD
CY2018 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1308000 USD
CY2017 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
446 loan
CY2017 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
2319000 USD
CY2017 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
2109000 USD
CY2019 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
217 loan
CY2019 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
519000 USD
CY2018 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
143 loan
CY2018 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
487000 USD
CY2017 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
200 loan
CY2017 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
890000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12994000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10791000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
64788000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9020000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.79
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
744000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9903000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.30
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10928000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.81
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4350000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
698000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.99
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
717000 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.27
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4283000 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.01
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1569000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
16.95
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
794000 USD
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2761000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
20.06
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1600000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
19.92
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
5308000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
18.34
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5388000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.18
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3396000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9020000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.79
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
744000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9903000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.30
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4846000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.50
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2136000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7878000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
19.11
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
265000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
8606000 shares
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CY2019Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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CY2017Q4 us-gaap Unrecognized Tax Benefits
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5691000 USD
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2349000 USD
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1541000 USD
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10095000 USD
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9940000 USD
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9725000 USD
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3150000 USD
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0 USD
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27574000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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44000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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65542000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
60780000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
81073000 USD
CY2019 laur Unrecognized Tax Benefits Decrease Resultingfrom Saleof Discontinued Operation
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3300000 USD
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4840000 USD
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3600000 USD
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3200000 USD
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53600000 USD
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61974000 USD
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610000 USD
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61974000 USD
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0 USD
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0 USD
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74110000 USD
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0 USD
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0 USD
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5000 USD
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75000 USD
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119000 USD
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118000 USD
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126000 USD
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0 USD
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0 USD
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CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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22000 USD
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0 USD
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0 USD
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15000 USD
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200000 USD
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47000 USD
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153000 USD
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116000 USD
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55000 USD
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0.1050
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77000 USD
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75000 USD
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119000 USD
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118000 USD
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126000 USD
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214000 USD
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171000 USD
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200000 USD
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47000 USD
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153000 USD
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7000 USD
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1550000 USD
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1550000 USD
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1173000 USD
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1336000 USD
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163000 USD
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173000 USD
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151000 USD
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147000 USD
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136000 USD
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1178000 USD
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601072000 USD
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51736000 USD
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