Earnings Per Share

12 Months Ended

Jan. 01, 2012

Earnings Per Share [Abstract]

Earnings Per Share

16. Earnings Per Share

Basic and diluted earnings per share (“EPS”) were calculated for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 as follows (in thousands, except per share data):

Fiscal Year	2011		2010		2009
	(In thousands, except per share data)
Income from continuing operations	$	77,463	$	62,790	$	66,469
Loss (Earnings) attributable to noncontrolling interests		1,162		678		(169	)
Income from continuing operations attributable to The GEO Group, Inc.	$	78,625	$	63,468	$	66,300
Basic earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879
Per share amount	$	1.24	$	1.15	$	1.30
Diluted earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879
Diluted effect of equity incentive plans		315		610		1,043
Weighted average shares assuming dilution		63,740		55,989		51,922
Per share amount	$	1.23	$	1.13	$	1.28

For the fiscal year ended January 1, 2012, 105,307 weighted average shares of stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No shares of restricted stock were anti-dilutive.

For the fiscal year ended January 2, 2011, 25,570 weighted average shares of stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No shares of restricted stock were anti-dilutive.

For the fiscal year January 3, 2010, 69,492 weighted average shares of stock underlying options and 107 weighted average shares of restricted stock were excluded from the computation of diluted EPS because the effect would be anti-dilutive.