XML 77 R70.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details 3) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Cash Flow from Operating Activities:    
Cash provided by operating activities - continuing operations $ 101,314 $ 116,932
Cash provided by operating activities - discontinued operations 0 10,034
Net cash provided by operating activities 101,314 126,966
Cash Flow from Investing Activities:    
Proceeds from sale of property and equipment 51 231
Proceeds from sale of assets held for sale 1,968 297
Net working capital adjustment from RTS divestiture (996) 0
Change in restricted cash and investments (5,910) 553
Capital expenditures (89,921) (69,536)
Cash (used in) provided by investing activities - continuing operations (94,808) (68,455)
Cash used in investing activities - discontinued operations 0 (2,537)
Net cash provided by (used in) investing activities (94,808) (70,992)
Cash Flow from Financing Activities:    
Proceeds from long term debt 785,000 145,000
Income tax benefit (provision) of equity compensation 1,308 (270)
Distribution to noncontrolling interests 0 (5,758)
Debt issuance costs (17,017) (44)
Payments on long-term debt (697,748) (169,282)
Proceeds from the exercise of stock options 4,082 396
Cash dividends paid (71,527) 0
Proceeds from reissuance of treasury stock in connection with ESPP 155 0
Payments for retirement of common stock 0 (1,035)
Net cash provided by (used in) financing activities 4,253 (30,993)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (4,003) (43)
Net Increase in Cash and Cash Equivalents 6,756 24,938
Cash and Cash Equivalents, beginning of period 31,755 43,378
Cash and Cash Equivalents, end of period 38,511 68,316
The GEO Group Inc.
   
Cash Flow from Operating Activities:    
Cash provided by operating activities - continuing operations   98,442
Cash provided by operating activities - discontinued operations   752
Net cash provided by operating activities 58,343 99,194
Cash Flow from Investing Activities:    
Proceeds from sale of property and equipment 0 0
Proceeds from sale of assets held for sale 0 0
Net working capital adjustment from RTS divestiture (996)  
Change in restricted cash and investments (134) (484)
Capital expenditures (69,567) (53,933)
Cash (used in) provided by investing activities - continuing operations   (54,417)
Cash used in investing activities - discontinued operations   (311)
Net cash provided by (used in) investing activities (70,697) (54,728)
Cash Flow from Financing Activities:    
Proceeds from long term debt 785,000 145,000
Income tax benefit (provision) of equity compensation 1,308 (270)
Distribution to noncontrolling interests   0
Debt issuance costs (17,017) (6)
Payments on long-term debt (688,675) (160,556)
Proceeds from the exercise of stock options 4,082 396
Cash dividends paid (71,527)  
Proceeds from reissuance of treasury stock in connection with ESPP 155  
Payments for retirement of common stock   (1,035)
Net cash provided by (used in) financing activities 13,326 (16,471)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0 0
Net Increase in Cash and Cash Equivalents 972 27,995
Cash and Cash Equivalents, beginning of period 4,764 15,086
Cash and Cash Equivalents, end of period 5,736 43,081
Combined Subsidiary Guarantors [Member]
   
Cash Flow from Operating Activities:    
Cash provided by operating activities - continuing operations   11,721
Cash provided by operating activities - discontinued operations   6,827
Net cash provided by operating activities 18,932 18,548
Cash Flow from Investing Activities:    
Proceeds from sale of property and equipment 51 162
Proceeds from sale of assets held for sale 1,968 297
Net working capital adjustment from RTS divestiture 0  
Change in restricted cash and investments (1,457) (1,350)
Capital expenditures (19,666) (13,363)
Cash (used in) provided by investing activities - continuing operations   (14,254)
Cash used in investing activities - discontinued operations   (2,226)
Net cash provided by (used in) investing activities (19,104) (16,480)
Cash Flow from Financing Activities:    
Proceeds from long term debt 0 0
Income tax benefit (provision) of equity compensation 0 0
Distribution to noncontrolling interests   0
Debt issuance costs 0 0
Payments on long-term debt (661) (693)
Proceeds from the exercise of stock options 0 0
Cash dividends paid 0  
Proceeds from reissuance of treasury stock in connection with ESPP 0  
Payments for retirement of common stock   0
Net cash provided by (used in) financing activities (661) (693)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0 0
Net Increase in Cash and Cash Equivalents (833) 1,375
Cash and Cash Equivalents, beginning of period 1,917 3,092
Cash and Cash Equivalents, end of period 1,084 4,467
Combined Non-Guarantor Subsidiaries [Member]
   
Cash Flow from Operating Activities:    
Cash provided by operating activities - continuing operations   6,769
Cash provided by operating activities - discontinued operations   2,455
Net cash provided by operating activities 24,039 9,224
Cash Flow from Investing Activities:    
Proceeds from sale of property and equipment 0 69
Proceeds from sale of assets held for sale 0 0
Net working capital adjustment from RTS divestiture 0  
Change in restricted cash and investments (4,319) 2,387
Capital expenditures (688) (2,240)
Cash (used in) provided by investing activities - continuing operations   216
Cash used in investing activities - discontinued operations   0
Net cash provided by (used in) investing activities (5,007) 216
Cash Flow from Financing Activities:    
Proceeds from long term debt 0 0
Income tax benefit (provision) of equity compensation 0 0
Distribution to noncontrolling interests   (5,758)
Debt issuance costs 0 (38)
Payments on long-term debt (8,412) (8,033)
Proceeds from the exercise of stock options 0 0
Cash dividends paid 0  
Proceeds from reissuance of treasury stock in connection with ESPP 0  
Payments for retirement of common stock   0
Net cash provided by (used in) financing activities (8,412) (13,829)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (4,003) (43)
Net Increase in Cash and Cash Equivalents 6,617 (4,432)
Cash and Cash Equivalents, beginning of period 25,074 25,200
Cash and Cash Equivalents, end of period $ 31,691 $ 20,768