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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenues:      
Total net revenues $ 182,283 $ 156,498 $ 140,803
Cost of revenues:      
Total cost of revenues 155,534 130,864 111,277
Gross profit 26,749 25,634 29,526
Operating expenses:      
Selling expenses 2,808 2,233 1,774
General and administrative expenses 23,775 26,428 18,418
Total operating expenses 26,583 28,661 20,192
Operating income (loss) 166 (3,027) 9,334
Interest income 858 2,147 563
Government subsidy income 499 683 863
(Loss) gain on disposal of subsidiaries 492 1,234 (168)
Income before income taxes 2,015 1,037 10,592
Less: Income tax expenses 3,541 2,459 3,812
Income (loss) before loss in equity method investments (1,526) (1,422) 6,780
Loss from equity method investments (664) (291) (239)
Net income (loss) (2,190) (1,713) 6,541
Less: Net (loss) income attributable to noncontrolling interest 387 (93) (574)
Increase (decrease) in redeemable non-controlling interest (143) 169  
Net income (loss) attributable to ordinary shareholders of RYB Education, Inc. $ (2,434) $ (1,789) $ 7,115
Net income (loss) per share attributable to ordinary shareholders of RYB Education, Inc.      
Basic (in dollars per share) $ (0.09) $ (0.06) $ 0.29
Diluted (in dollars per share) $ (0.09) $ (0.06) $ 0.27
Weighted average shares used in calculating net income (loss) per ordinary share      
Basic (in shares) 28,074,624 29,213,801 24,735,445
Diluted (in shares) 28,074,624 29,213,801 26,566,657
Services      
Net revenues:      
Total net revenues $ 166,183 $ 139,216 $ 122,869
Cost of revenues:      
Total cost of revenues 147,669 121,549 101,522
Products      
Net revenues:      
Total net revenues 16,100 17,282 17,934
Cost of revenues:      
Total cost of revenues $ 7,865 $ 9,315 $ 9,755