Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023 and 2022 as follows (in thousands, except per share data):

	Three Months Ended						Nine Months Ended
	September 30, 2023			September 30, 2022			September 30, 2023			September 30, 2022
Net income	$	24,503		$	38,312		$	82,022		$	130,164
Net loss attributable to noncontrolling interests		16			25			71			119
Less: Undistributed income allocable to participating securities		(4,159	)		(6,543	)		(13,944	)		(22,259	)
Net income attributable to The GEO Group, Inc. available to common stockholders		20,360			31,794			68,149			108,024
Basic earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		122,066			121,154			121,850			120,998
Per share amount	$	0.17		$	0.26		$	0.56		$	0.89
Diluted earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		122,066			121,154			121,850			120,998
Dilutive effect of equity incentive plans		1,367			1,272			1,629			909
Weighted average shares assuming dilution		123,433			122,426			123,479			121,907
Per share amount	$	0.16		$	0.26		$	0.55		$	0.89