Business Segments and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2023

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
	March 31, 2023			March 31, 2022
Revenues:
U.S. Secure Services	$	365,957		$	351,245
Electronic Monitoring and Supervision Services		132,640			87,921
Reentry Services		64,223			61,431
International Services		45,389			50,588
Total revenues	$	608,209		$	551,185
Operating income from segments:
U.S. Secure Services	$	64,344		$	74,081
Electronic Monitoring and Supervision Services		64,688			38,920
Reentry Services		10,186			10,631
International Services		3,576			6,454
Operating income from segments	$	142,794		$	130,086
General and Administrative Expenses		(50,134	)		(48,560	)
Total Operating Income	$	92,660		$	81,526

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
	March 31, 2023			March 31, 2022
Operating income from segments	$	142,794		$	130,086
Unallocated amounts:
General and administrative expenses		(50,134	)		(48,560	)
Net interest expense		(53,090	)		(25,993	)
Loss on extinguishment of debt		(136	)		-
(Loss) gain on disposition on asset divestitures		-			(627	)
Income before income taxes and equity in earnings of    affiliates	$	39,434		$	54,906