Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the three months ended March 31, 2023 and 2022 as follows (in thousands, except per share data):

	Three Months Ended
	March 31, 2023			March 31, 2022
Net income	$	27,994		$	38,179
Net loss attributable to noncontrolling interests		9			40
Less: Undistributed income allocable to participating securities		(4,770	)		(6,542	)
Net income attributable to The GEO Group, Inc. available to common stockholders		23,233			31,677
Basic earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		121,432			120,714
Per share amount	$	0.19		$	0.26
Diluted earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		121,432			120,714
Dilutive effect of equity incentive plans		2,220			680
Dilutive effect of exchangeable notes		1,487			-
Weighted average shares assuming dilution		125,139			121,394
Per share amount	$	0.19		$	0.26