Business Segments and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Operating and Reporting Segments

The Company's segment revenues from external customers and a measure of segment profit are as follows (in thousands):

	Three Months Ended						Nine Months Ended
	September 30, 2022			September 30, 2021			September 30, 2022			September 30, 2021
Revenues:
U.S. Secure Services	$	368,493		$	369,609		$	1,073,140		$	1,125,014
Electronic Monitoring and Supervision Services		137,039			74,575			346,444			199,788
Reentry Services		65,406			60,740			192,557			212,914
International Services		45,745			52,353			143,904			161,357
Total revenues	$	616,683		$	557,277		$	1,756,045		$	1,699,073
Operating income from segments:
U.S. Secure Services	$	67,462		$	72,054		$	214,994		$	219,471
Electronic Monitoring and Supervision Services		67,673			35,052			160,838			89,520
Reentry Services		9,816			13,265			34,027			39,604
International Services		3,192			4,123			12,740			17,112
Operating income from segments	$	148,143		$	124,494		$	422,599		$	365,707
General and Administrative Expenses		(50,022	)		(50,475	)	$	(147,878	)		(153,642	)
Total Operating Income	$	98,121		$	74,019		$	274,721		$	212,065

Schedule of Pre-Tax Income Reconciliation of Segments

Pre-Tax Income Reconciliation of Segments

The following is a reconciliation of the Company’s total operating income from its reportable segments to the Company’s income before income taxes and equity in earnings of affiliates (in thousands):

	Three Months Ended						Nine Months Ended
	September 30, 2022			September 30, 2021			September 30, 2022			September 30, 2021
Operating income from segments	$	148,143		$	124,494		$	422,599		$	365,707
Unallocated amounts:
General and administrative expenses		(50,022	)		(50,475	)		(147,878	)		(153,642	)
Net interest expense		(41,426	)		(26,535	)		(95,082	)		(78,245	)
(Loss) gain on extinguishment of debt		(37,487	)		-			(37,487	)		4,693
(Loss) gain on disposition on asset divestitures		29,279			(6,088	)		32,332			4,291
Income before income taxes and equity in earnings of    affiliates	$	48,487		$	41,396		$	174,484		$	142,804