Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2022 and 2021 as follows (in thousands, except per share data):

	Three Months Ended						Nine Months Ended
	September 30, 2022			September 30, 2021			September 30, 2022			September 30, 2021
Net income	$	38,312		$	34,641		$	130,164		$	127,057
Net loss attributable to noncontrolling interests		25			69			119			157
Less: Undistributed income allocable to participating securities		(6,543	)		(5,949	)		(22,259	)		(13,624	)
Net income attributable to The GEO Group, Inc. available to common stockholders		31,794			28,761			108,024			113,590
Basic earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		121,154			120,525			120,998			120,326
Per share amount	$	0.26		$	0.24		$	0.89		$	0.94
Diluted earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		121,154			120,525			120,998			120,326
Dilutive effect of equity incentive plans		1,272			347			909			257
Weighted average shares assuming dilution		122,426			120,872			121,907			120,583
Per share amount	$	0.26		$	0.24		$	0.89		$	0.94