XML 15 R71.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidating Financial Information (Details 1) (USD $)
3 Months Ended9 Months Ended
Oct. 02, 2011
Oct. 03, 2010
Oct. 02, 2011
Oct. 03, 2010
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)    
Revenues$ 406,847,000$ 327,933,000$ 1,206,430,000$ 895,570,000
Operating expenses307,721,000251,100,000915,651,000694,348,000
Depreciation and amortization21,974,00013,384,00061,832,00032,096,000
General and administrative expenses25,922,00033,925,00086,420,00072,028,000
Operating income (loss)51,230,00029,524,000142,527,00097,098,000
Interest income1,767,0001,734,0004,965,0004,448,000
Interest expense(19,327,000)(11,917,000)(55,700,000)(28,178,000)
Loss on extinguishment of debt (7,933,000) (7,933,000)
Income (loss) before income taxes and equity in earnings of affiliate33,670,00011,408,00091,792,00065,435,000
Provision (Benefit) for income taxes12,649,0007,547,00035,308,00028,560,000
Equity in earnings of affiliates, net of income tax provision of $118, $449, $1,705 and $1,672272,0001,149,0002,352,0002,868,000
Income (loss) before equity income of consolidated subsidiaries21,293,0005,010,00058,836,00039,743,000
Net income21,293,0005,010,00058,836,00039,743,000
Net loss attributable to noncontrolling interests225,000271,0001,050,000227,000
Net income attributable to The GEO Group Inc.21,518,0005,281,00059,886,00039,970,000
The GEO Group Inc. [Member]
    
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)    
Revenues149,413,000151,656,000439,537,000459,271,000
Operating expenses134,178,000137,612,000399,639,000402,167,000
Depreciation and amortization5,502,0004,503,00014,501,00012,953,000
General and administrative expenses9,091,00014,820,00030,055,00035,053,000
Operating income (loss)642,000(5,279,000)(4,658,000)9,098,000
Interest income7,754,000302,00021,258,000912,000
Interest expense(15,805,000)(8,793,000)(45,044,000)(20,728,000)
Income (loss) before income taxes and equity in earnings of affiliate(7,409,000)(21,703,000)(28,444,000)(18,651,000)
Provision (Benefit) for income taxes(2,863,000)(4,663,000)(10,904,000)(3,445,000)
Income (loss) before equity income of consolidated subsidiaries(4,546,000)(17,040,000)(17,540,000)(15,206,000)
Income from consolidated subsidiaries, net of income tax provision25,839,00022,050,00076,376,00054,949,000
Net income21,293,0005,010,00058,836,00039,743,000
Net income attributable to The GEO Group Inc.21,293,0005,010,00058,836,00039,743,000
Combined Subsidiary Guarantors [Member]
    
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)    
Revenues221,807,000142,293,000655,900,000316,251,000
Operating expenses150,769,00092,057,000442,281,000202,799,000
Depreciation and amortization14,616,0007,370,00041,743,00015,698,000
General and administrative expenses13,483,00013,905,00044,850,00024,138,000
Operating income (loss)42,939,00028,961,000127,026,00073,616,000
Interest income405,000343,0001,142,0001,008,000
Interest expense(8,065,000)(512,000)(21,987,000)(1,536,000)
Income (loss) before income taxes and equity in earnings of affiliate35,279,00028,792,000106,181,00073,088,000
Provision (Benefit) for income taxes13,632,00010,486,00041,029,00027,864,000
Income (loss) before equity income of consolidated subsidiaries21,647,00018,306,00065,152,00045,224,000
Net income21,647,00018,306,00065,152,00045,224,000
Net income attributable to The GEO Group Inc.21,647,00018,306,00065,152,00045,224,000
Combined Non-Guarantor Subsidiaries [Member]
    
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)    
Revenues55,389,00053,209,000168,404,000168,186,000
Operating expenses42,536,00040,656,000131,142,000137,520,000
Depreciation and amortization1,856,0001,511,0005,588,0003,445,000
General and administrative expenses3,348,0005,200,00011,515,00012,837,000
Operating income (loss)7,649,0005,842,00020,159,00014,384,000
Interest income1,648,0001,608,0004,673,0004,226,000
Interest expense(3,497,000)(3,131,000)(10,777,000)(7,612,000)
Income (loss) before income taxes and equity in earnings of affiliate5,800,0004,319,00014,055,00010,998,000
Provision (Benefit) for income taxes1,880,0001,724,0005,183,0004,141,000
Equity in earnings of affiliates, net of income tax provision of $118, $449, $1,705 and $1,672272,0001,149,0002,352,0002,868,000
Income (loss) before equity income of consolidated subsidiaries4,192,0003,744,00011,224,0009,725,000
Net income4,192,0003,744,00011,224,0009,725,000
Net income attributable to The GEO Group Inc.4,192,0003,744,00011,224,0009,725,000
Eliminations [Member]
    
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited)    
Revenues(19,762,000)(19,225,000)(57,411,000)(48,138,000)
Operating expenses(19,762,000)(19,225,000)(57,411,000)(48,138,000)
Interest income(8,040,000)(519,000)(22,108,000)(1,698,000)
Interest expense8,040,000519,00022,108,0001,698,000
Income from consolidated subsidiaries, net of income tax provision(25,839,000)(22,050,000)(76,376,000)(54,949,000)
Net income(25,839,000)(22,050,000)(76,376,000)(54,949,000)
Net loss attributable to noncontrolling interests225,000271,0001,050,000227,000
Net income attributable to The GEO Group Inc.$ (25,614,000)$ (21,779,000)$ (75,326,000)$ (54,722,000)