XML 71 R72.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidating Financial Information (Details 1) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Jul. 03, 2011
Jul. 04, 2010
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)        
Revenues $ 407,817 $ 280,095 $ 799,583 $ 567,637
Operating expenses 308,644 216,916 607,930 443,248
Depreciation and amortization 21,056 9,474 39,858 18,712
General and administrative expenses 27,710 20,655 60,498 38,103
Operating income (loss) 50,407 33,050 91,297 67,574
Interest income 1,629 1,486 3,198 2,715
Interest expense (19,412) (8,447) (36,373) (16,261)
Income (loss) before income taxes and equity in earnings of affiliate 32,624 26,089 58,122 54,028
Provision for income taxes 12,879 10,192 22,659 21,013
Equity in earnings of affiliate, net of income tax provision of $563, $437, $1,587 and $1,223 1,418 1,128 2,080 1,718
Income (loss) before equity income of consolidated subsidiaries 21,163 17,025 37,543 34,733
Net income 21,163 17,025 37,543 34,733
Net (income) loss attributable to noncontrolling interests 415 (8) 825 (44)
Net income attributable to The GEO Group Inc. 21,578 17,017 38,368 34,689
The GEO Group Inc. [Member]
       
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)        
Revenues 146,733 154,754 290,124 307,614
Operating expenses 133,566 134,011 265,461 265,030
Depreciation and amortization 4,744 4,239 8,999 8,451
General and administrative expenses 9,520 10,878 20,964 19,758
Operating income (loss) (1,097) 5,626 (5,300) 14,375
Interest income 7,767 310 13,504 611
Interest expense (15,886) (6,178) (29,239) (11,937)
Income (loss) before income taxes and equity in earnings of affiliate (9,216) (242) (21,035) 3,049
Provision for income taxes (3,560) (105) (8,128) 1,218
Income (loss) before equity income of consolidated subsidiaries (5,656) (137) (12,907) 1,831
Income from consolidated subsidiaries, net of income tax provision 26,819 17,162 50,450 32,902
Net income 21,163 17,025 37,543 34,733
Net income attributable to The GEO Group Inc. 21,163 17,025 37,543 34,733
Combined Subsidiary Guarantors [Member]
       
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)        
Revenues 222,867 86,962 434,093 173,958
Operating expenses 147,831 53,826 291,512 109,801
Depreciation and amortization 14,436 4,281 27,127 8,328
General and administrative expenses 14,459 6,118 31,367 11,173
Operating income (loss) 46,141 22,737 84,087 44,656
Interest income 413 319 737 665
Interest expense (7,983) (516) (13,922) (1,024)
Income (loss) before income taxes and equity in earnings of affiliate 38,571 22,540 70,902 44,297
Provision for income taxes 14,904 8,823 27,397 17,573
Income (loss) before equity income of consolidated subsidiaries 23,667 13,717 43,505 26,724
Net income 23,667 13,717 43,505 26,724
Net income attributable to The GEO Group Inc. 23,667 13,717 43,505 26,724
Combined Non-Guarantor Subsidiaries [Member]
       
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)        
Revenues 57,514 51,174 113,015 111,664
Operating expenses 46,544 41,874 88,606 94,016
Depreciation and amortization 1,876 954 3,732 1,933
General and administrative expenses 3,731 3,659 8,167 7,172
Operating income (loss) 5,363 4,687 12,510 8,543
Interest income 1,562 1,450 3,025 2,619
Interest expense (3,656) (2,346) (7,280) (4,480)
Income (loss) before income taxes and equity in earnings of affiliate 3,269 3,791 8,255 6,682
Provision for income taxes 1,535 1,474 33,390 2,222
Equity in earnings of affiliate, net of income tax provision of $563, $437, $1,587 and $1,223 1,418 1,128 2,080 1,718
Income (loss) before equity income of consolidated subsidiaries 3,152 3,445 6,945 6,178
Net income 3,152 3,445 6,945 6,178
Net income attributable to The GEO Group Inc. 3,152 3,445 6,945 6,178
Eliminations [Member]
       
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)        
Revenues (19,297) (12,795) (37,649) (25,599)
Operating expenses (19,297) (12,795) (37,649) (25,599)
Interest income (8,113) (593) (14,068) (1,180)
Interest expense 8,113 593 14,068 1,180
Income from consolidated subsidiaries, net of income tax provision (26,819) (17,162) (50,450) (32,902)
Net income (26,819) (17,162) (50,450) (32,902)
Net (income) loss attributable to noncontrolling interests 415 (8) 825 (44)
Net income attributable to The GEO Group Inc. $ (26,404) $ (17,170) $ (49,625) $ (32,946)