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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Jun. 30, 2013
Jul. 01, 2012
Revenues $ 381,653 $ 371,173 $ 758,684 $ 731,215
Operating expenses 279,246 269,141 560,043 539,861
Depreciation and amortization 23,657 22,962 46,592 45,201
General and administrative expenses 27,363 26,129 59,403 52,715
Operating income 51,387 52,941 92,646 93,438
Interest income 1,165 1,761 2,349 3,568
Interest expense (21,103) (20,618) (40,444) (41,424)
Loss on extinguishment of debt (5,527) 0 (5,527) 0
Income before income taxes, equity in earnings of affiliates and discontinued operations 25,922 34,084 49,024 55,582
Income tax (benefit) provision (7,268) 13,660 (6,387) 22,150
Equity in earnings of affiliates, net of income tax provision of $417, $303, $894 and $624, respectively 1,029 430 2,246 1,178
Income from continuing operations 34,219 20,854 57,657 34,610
Income from discontinued operations, net of income tax provision of $0, $973, $0 and $1,729, respectively 0 1,622 0 2,925
Net income 34,219 22,476 57,657 37,535
Net (income) loss attributable to noncontrolling interests (12) 25 (30) (9)
Net income attributable to The GEO Group, Inc. $ 34,207 $ 22,501 $ 57,627 $ 37,526
Weighted-average common shares outstanding:        
Basic (in shares) 71,083 60,839 70,967 60,803
Diluted (in shares) 71,607 61,066 71,510 60,984
Basic:        
Income from continuing operations (in dollars per share) $ 0.48 $ 0.34 $ 0.81 $ 0.57
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.03 $ 0.00 $ 0.05
Income per common share attributable to The GEO Group, Inc. - basic (in dollars per share) $ 0.48 $ 0.37 $ 0.81 $ 0.62
Diluted:        
Income from continuing operations (in dollars per share) $ 0.48 $ 0.34 $ 0.81 $ 0.57
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.03 $ 0.00 $ 0.05
Income per common share attributable to The GEO Group, Inc. - diluted (in dollars per share) $ 0.48 $ 0.37 $ 0.81 $ 0.62