Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2013

Changes in shareholders' equity that are attributable to the Company's shareholders and to noncontrolling interests

The following table presents the changes in shareholders’ equity that are attributable to the Company’s shareholders and to noncontrolling interests (in thousands):



	Common shares			Additional Paid-In		Earnings in Excess of			Accumulated Other Comprehensive			Treasury shares					Noncontrolling			Total Shareholders'
	Shares	Amount		Capital		Distributions			Income (Loss)			Shares		Amount			Interests			Equity
Balance, December 31, 2012	71,417	$	860	$	832,230	$	264,667		$	2,670		14,590		$	(53,615	)	$	492		$	1,047,304
Proceeds from stock options exercised	181	2		3,047		—			—			—		—			—			3,049
Tax benefit related to equity compensation	—	—		1,127		—			—			—		—			—			1,127
Stock based compensation expense	—	—		419		—			—			—		—			—			419
Amortization of restricted stock	—	—		1,266		—			—			—		—			—			1,266
Dividends paid	—	—		—		(35,711		)	—			—		—			—			(35,711		)
Re-issuance of treasury shares (ESPP)	2	—		59		—			—			(2	)	7			—			66
Net income:	—	—		—		23,420			—			—		—			18			23,438
Other comprehensive income (loss)	—	—		—		—			(1,139		)	—		—			(41		)	(1,180		)
Balance, March 31, 2013	71,600	$	862	$	838,148	$	252,376		$	1,531		14,588		$	(53,608	)	$	469		$	1,039,778

Schedule of accumulated other comprehensive income (loss)

The components of accumulated other comprehensive income (loss) attributable to GEO included in the consolidated statement of shareholders' equity are as follows:



	March 31, 2013			December 31, 2012
	(In thousands)
Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. [1]	$	4,462		$	5,755
Unrealized loss on derivatives, net of tax	(344		)	(457		)
Pension adjustments, net of tax	(2,587		)	(2,628		)
Total	$	1,531		$	2,670

[1] The foreign currency translation, net of tax, related to noncontrolling interests was not significant at March 31, 2013 or December 31, 2012, respectively.