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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total RYB Education, Inc. shareholders' equity
Cumulative effect adjustment
Total RYB Education, Inc. shareholders' equity
Cumulative effect adjustment balance
Total RYB Education, Inc. shareholders' equity
Common stock
Cumulative effect adjustment balance
Common stock
Treasury stock
Cumulative effect adjustment balance
Treasury stock
Additional paid-in capital
Cumulative effect adjustment balance
Additional paid-in capital
Statutory reserve
Cumulative effect adjustment balance
Statutory reserve
Accumulated other comprehensive (loss) income
Cumulative effect adjustment balance
Accumulated other comprehensive (loss) income
Accumulated deficit
Cumulative effect adjustment
Accumulated deficit
Cumulative effect adjustment balance
Accumulated deficit
Noncontrolling interests
Cumulative effect adjustment balance
Noncontrolling interests
Cumulative effect adjustment
Cumulative effect adjustment balance
Total
Balance at beginning of the year (in shares) at Dec. 31, 2018         29,213,801                                
Balance at beginning of the year at Dec. 31, 2018     $ 108,729   $ 29       $ 135,881   $ 3,362   $ (122)     $ (30,421)   $ 4,611     $ 113,340
Balance at beginning of the year for Redeemable Non-controlling Interest at Dec. 31, 2018                                         1,628
Increase (Decrease) in Stockholders' Equity                                          
Net loss for the year     (2,577)                         (2,577)   70     (2,507)
Net loss attributable to redeemable non-controlling interest                                         317
Settlement of vested shares using treasury 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)
Adjustment of redeemable non-controlling interest     143                         143         143
Foreign currency translation adjustment     263                   263         (98)     165
Foreign currency translation adjustment                                         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 29,213,801                                
Balance at end of the year at Dec. 31, 2019   $ 98,108 98,520 $ 29 $ 29 $ (12,000) (12,000) $ 139,843 139,843 $ 4,060 4,060 $ 141 141   $ (33,965) (33,553) $ 9,396 9,396   $ 107,504 107,916
Balance at end of the year for Redeemable Non-controlling Interest at Dec. 31, 2019                                       $ 8,801 8,801
Increase (Decrease) in Stockholders' Equity                                          
Cumulative effect adjustment upon adoption of ASC 326 $ (412)                         $ (412)         $ (412)    
Net loss for the year     (37,280)                         (37,280)   (4,915)     (42,195)
Net loss attributable to redeemable non-controlling interest                                         1,012
Settlement of vested shares using treasury shares             1,679   (1,679)                        
Provision of statutory reserve                     592         (592)          
Share-based payments     2,930           2,930                       2,930
Foreign currency translation adjustment     (1,609)                   (1,609)         398     (1,211)
Foreign currency translation adjustment                                         175
Contribution by minority interest                                   760     760
Disposal of non-wholly subsidiaries                                   (109)     (109)
Balance at end of the year (in shares) at Dec. 31, 2020         29,213,801                                
Balance at end of the year at Dec. 31, 2020     62,149   $ 29   (10,321)   141,094   4,652   (1,468)     (71,837)   5,530     67,679
Balance at end of the year for Redeemable Non-controlling Interest at Dec. 31, 2020                                         9,988
Increase (Decrease) in Stockholders' Equity                                          
Cumulative effect adjustment upon adoption of ASC 326                                         (71,837)
Net loss for the year     3,340                         3,340   515     3,855
Net loss attributable to redeemable non-controlling interest                                         (326)
Settlement of vested shares using treasury shares             1,654   (1,654)                        
Provision of statutory reserve                     512         (512)          
Share-based payments     2,021           2,021                       2,021
Adjustment of redeemable non-controlling interest                                         (3,450)
Adjustment of redeemable non-controlling interest     3,450                         3,450         3,450
Foreign currency translation adjustment     1,725                   1,725         124     1,849
Foreign currency translation adjustment                                         (64)
Capital contribution from non-controlling interest                                         (1,206)
Contribution by minority interest                                   154     154
Disposal of non-wholly subsidiaries     (200)           (200)                 (291)     (491)
Acquisition on minority interest     (5,297)           (5,297)                 (26)     (5,323)
Business acquisitions     540           540                 480     1,020
Balance at end of the year (in shares) at Dec. 31, 2021         29,213,801                                
Balance at end of the year at Dec. 31, 2021     $ 67,728   $ 29   $ (8,667)   $ 136,504   $ 5,164   $ 257     $ (65,559)   $ 6,486     74,214
Balance at end of the year for Redeemable Non-controlling Interest at Dec. 31, 2021                                         4,942
Increase (Decrease) in Stockholders' Equity                                          
Cumulative effect adjustment upon adoption of ASC 326                                         $ (65,559)