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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total RYB Education, Inc. shareholders' equity
Golden share
Ordinary share
Treasury stock
Additional paid-in capital
Statutory reserve
Accumulated other comprehensive income (loss)
Accumulated deficit
Noncontrolling interests
Total
Balance at beginning of the year (in shares) at Dec. 31, 2016   1 23,163,801              
Balance at beginning of the year at Dec. 31, 2016 $ 3,508   $ 23   $ 36,420 $ 2,156 $ 381 $ (35,472) $ 453 $ 3,961
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) for the year 7,115             7,115 (574) 6,541
Provision of statutory reserve           522   (522)    
Share-based payments 3,990       3,990         3,990
Option exercised 595   $ 1   594         595
Option exercised (in shares)     550,000              
Return of capital (2,000)       (2,000)         (2,000)
Foreign currency translation adjustments 402           402   8 410
Capital contribution from non-controlling interest                 1,337 1,337
Disposal of non-wholly subsidiaries                 325 325
Redemption of golden share (in shares)   (1)                
Issuance of ordinary shares upon initial public offering-("IPO") (net of issuance cost of $4,492) 90,135   $ 5   90,130         90,135
Issuance of ordinary shares upon initial public offering-("IPO") (net of issuance cost of $4,492) (in shares)     5,500,000              
Balance at end of the year (in shares) at Dec. 31, 2017     29,213,801              
Balance at end of the year at Dec. 31, 2017 103,745   $ 29   129,134 2,678 783 (28,879) 1,549 105,294
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) for the year (1,620)             (1,620) (121) (1,741)
Net income (loss) attributable to redeemable non-controlling interest                   28
Cumulative effect adjustment related to opening retained earnings for adoption of ASC 606 | ASC 606 931             931   931
Provision of statutory reserve           684   (684)    
Share-based payments 6,747       6,747         6,747
Recognition of redeemable non-controlling interest                   1,431
Adjustment of redeemable non-controlling interest (169)             (169)   (169)
Adjustment of redeemable non-controlling interest                   169
Foreign currency translation adjustments (905)           (905)   (78) (983)
Contribution by minority interest                 3,330 3,330
Disposal of non-wholly subsidiaries                 121 121
Acquisition of additional equity interest from non-controlling shareholders                 (190) (190)
Balance at end of the year (in shares) at Dec. 31, 2018     29,213,801              
Balance at end of the year at Dec. 31, 2018 108,729   $ 29   135,881 3,362 (122) (30,421) 4,611 113,340
Balance at end of the year for Redeemable Non-controlling Interest at Dec. 31, 2018                   1,628
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) for the year (2,577)             (2,577) 70 (2,507)
Net income (loss) attributable to redeemable non-controlling interest                   317
Repurchase of shares (12,000)     $ (12,000)           (12,000)
Provision of statutory reserve           698   (698)    
Share-based payments 3,962       3,962         3,962
Recognition of redeemable non-controlling interest                   6,895
Adjustment of redeemable non-controlling interest 143             143   143
Adjustment of redeemable non-controlling interest                   (143)
Foreign currency translation adjustments 263           263   (98) 165
Foreign currency translation adjustments                   104
Contribution by minority interest                 420 420
Disposal of non-wholly subsidiaries                 (758) (758)
Business acquisitions                 5,151 5,151
Balance at end of the year (in shares) at Dec. 31, 2019     29,213,801              
Balance at end of the year at Dec. 31, 2019 $ 98,520   $ 29 $ (12,000) $ 139,843 $ 4,060 $ 141 $ (33,553) $ 9,396 107,916
Balance at end of the year for Redeemable Non-controlling Interest at Dec. 31, 2019                   $ 8,801