Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2023 and 2022 as follows (in thousands, except per share data):

	Three Months Ended						Six Months Ended
	June 30, 2023			June 30, 2022			June 30, 2023			June 30, 2022
Net income	$	29,525		$	53,673		$	57,519		$	91,852
Net loss attributable to noncontrolling interests		46			54			55			94
Less: Undistributed income allocable to participating securities		(5,016	)		(9,171	)		(9,787	)		(15,717	)
Net income attributable to The GEO Group, Inc. available to common stockholders		24,555			44,556			47,787			76,229
Basic earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		122,045			121,119			121,740			120,918
Per share amount	$	0.20		$	0.37		$	0.39		$	0.63
Diluted earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		122,045			121,119			121,740			120,918
Dilutive effect of equity incentive plans		1,233			762			1,756			732
Weighted average shares assuming dilution		123,278			121,881			123,496			121,650
Per share amount	$	0.20		$	0.37		$	0.39		$	0.63