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Earnings Per Share (Tables)
3 Months Ended
Apr. 01, 2012
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
Basic and diluted earnings per share (“EPS”) were calculated for the thirteen weeks ended April 1, 2012 and April 3, 2011 as follows (in thousands, except per share data):
 
 
Thirteen Weeks Ended
 
April 1, 2012
 
April 3, 2011
Net income
$
15,059

 
$
16,380

Net loss attributable to noncontrolling interests
(34
)
 
410

Income attributable to The GEO Group, Inc.
15,025

 
16,790

Basic earnings per share attributable to The GEO Group, Inc.:
 
 
 
Weighted average shares outstanding
60,768

 
64,291

Per share amount
$
0.25

 
0.26

Diluted earnings per share attributable to The GEO Group, Inc.:
 
 
 
Weighted average shares outstanding
60,768

 
64,291

Effect of dilutive securities: Stock options and restricted stock
161

 
440

Weighted average shares assuming dilution
60,929

 
64,731

Per share amount
$
0.25

 
$
0.26