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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 379,842 $ 369,116 $ 1,138,526 $ 1,100,331
Operating expenses 283,903 268,142 843,946 808,003
Depreciation and amortization 23,888 22,944 70,480 68,145
General and administrative expenses 27,222 26,428 86,625 79,143
Operating income 44,829 51,602 137,475 145,040
Interest income 1,084 1,651 3,433 5,219
Interest expense (21,569) (20,605) (62,013) (62,029)
Loss on extinguishment of debt (1,451) (8,462) (6,978) (8,462)
Income before income taxes, equity in earnings of affiliates and discontinued operations 22,893 24,186 71,917 79,768
Income tax (benefit) provision (7,755) 10,125 (14,142) 32,275
Equity in earnings of affiliates, net of income tax provision of $578, $234, $1,472 and $858, respectively 1,526 474 3,772 1,652
Income from continuing operations 32,174 14,535 89,831 49,145
Income (loss) from discontinued operations, net of income tax provision of $0, $90, $0 and $1,819, respectively (2,265) 192 (2,265) 3,117
Net income 29,909 14,727 87,566 52,262
Net (income) loss attributable to noncontrolling interests (12) 890 (42) 881
Net income attributable to The GEO Group, Inc. $ 29,897 $ 15,617 $ 87,524 $ 53,143
Weighted-average common shares outstanding:        
Basic (in shares) 71,201 60,906 71,046 60,838
Diluted (in shares) 71,655 61,302 71,557 61,083
Basic:        
Income from continuing operations (in dollars per share) $ 0.45 $ 0.25 $ 1.26 $ 0.82
Income from discontinued operations (in dollars per share) $ (0.03) $ 0.00 $ (0.03) $ 0.05
Income per common share attributable to The GEO Group, Inc. - basic (in dollars per share) $ 0.42 [1] $ 0.26 [1] $ 1.23 [1] $ 0.87 [1]
Diluted:        
Income from continuing operations (in dollars per share) $ 0.45 $ 0.25 $ 1.25 $ 0.82
Income from discontinued operations (in dollars per share) $ (0.03) $ 0.00 $ (0.03) $ 0.05
Income per common share attributable to The GEO Group, Inc. - diluted (in dollars per share) $ 0.42 [1] $ 0.25 [1] $ 1.22 [1] $ 0.87 [1]
[1] Note that earnings per share tables may contain slight summation differences due to rounding