Laureate Education, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 |
|---|---|---|---|
| Revenue | $3.33B | $3.30B | $4.29B |
| Cost of Revenue | $2.78B | $2.79B | $3.76B |
| Gross Profit | $557.7M | $513.2M | $531.6M |
| Gross Margin | 16.7% | 15.5% | 12.4% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $315.5M | $222.5M | $194.7M |
| Operating Income | $235.2M | $290.7M | $337.0M |
| Operating Margin | 7.1% | 8.8% | 7.9% |
| Interest Expense | $334.9M | $390.4M | $398.0M |
| Pretax Income | $-76.8M | $367.1M | $-200.6M |
| Income Tax Expense | $-93.0M | $34.4M | $117.7M |
| Net Income | $91.5M | $371.8M | $-316.2M |
| Net Margin | 2.7% | 11.3% | -7.4% |
| EPS (Basic) | $-1.20 | $2.78 | $-2.44 |
| EPS (Diluted) | $-1.20 | $2.76 | $-2.44 |
| Shares Outstanding (Basic) | — | — | — |
| Shares Outstanding (Diluted) | 172.4M | 134.4M | 133.0M |
| Dividends Per Share | — | — | — |