Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

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 exercise of stock options	234	2		4,080			—			—			—		—			—			4,082
Tax benefit related to equity compensation	—	—		1,308			—			—			—		—			—			1,308
Stock based compensation expense	—	—		705			—			—			—		—			—			705
Restricted stock granted	345	3		(3		)	—			—					—			—			—
Amortization of restricted stock	—	—		2,640			—			—			—		—			—			2,640
Dividends paid	—	—		—			(71,527		)	—			—		—			—			(71,527		)
Re-issuance of treasury shares (ESPP)	5	—		137			—			—			(5	)	18			—			155
Net income	—	—		—			57,627			—			—		—			30			57,657
Other comprehensive income (loss)	—	—		—			—			(6,368		)	—		—			(72		)	(6,440		)
Balance, June 30, 2013	72,001	$	865	$	841,097		$	250,767		$	(3,698	)	14,585		$	(53,597	)	$	450		$	1,035,884

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:

	Six Months Ended June 30, 2013
	(In thousands)
	Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. [1]			Unrealized (loss)/gain on derivatives, net of tax			Pension adjustments, net of tax			Total
Beginning balance	$	5,755		$	(457	)	$	(2,628	)	$	2,670
Current-period other comprehensive (loss) income	(6,589		)	140			81			(6,368		)
Ending Balance	$	(834	)	$	(317	)	$	(2,547	)	$	(3,698	)

^[1] The foreign currency translation, net of tax, related to noncontrolling interests was not significant at June 30, 2013 or December 31, 2012, respectively.