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Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Company's quarterly financial data
The Company’s selected quarterly financial data is as follows (in thousands, except per share data attributable to GEO):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2014
 
 
 
 
 
 
 
Revenues
$
393,137

 
$
412,843

 
$
457,900

 
$
427,740

Operating income *
48,570

 
60,889

 
63,318

 
61,954

Income from continuing operations *
27,996

 
38,898

 
38,965

 
37,981

Net Income *
27,996

 
38,898

 
38,965

 
37,981

Net Income Attributable to The GEO Group, Inc. *
27,990

 
38,898

 
38,991

 
38,051

Basic earnings per share
 
 
 
 
 
 
 
Income from continuing operations
$
0.39

 
$
0.54

 
$
0.54

 
$
0.52

Net income per share *
$
0.39

 
$
0.54

 
$
0.54

 
$
0.52

Diluted earnings per share
 
 
 
 
 
 
 
Income from continuing operations *
$
0.39

 
$
0.54

 
$
0.54

 
$
0.52

Net income per share *
$
0.39

 
$
0.54

 
$
0.54

 
$
0.52

 
Note that earnings per share tables may contain slight summation differences due to rounding.
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2013
 
 
 
 
 
 
 
Revenues
$
377,031

 
$
381,653

 
$
379,842

 
$
383,548

Operating income *
41,259

 
51,387

 
44,829

 
48,009

Income from continuing operations *
23,438

 
34,219

 
32,174

 
27,631

Loss from discontinued operation, net of tax
—

 
—

 
(2,265
)
 
—

Net Income *
23,438

 
34,219

 
29,909

 
27,631

Net Income Attributable to The GEO Group, Inc. *
23,420

 
34,207

 
29,897

 
27,611

Basic earnings per share
 
 
 
 
 
 
 
Income from continuing operations *
$
0.33

 
$
0.48

 
$
0.45

 
$
0.39

Loss from discontinued operations
$
—

 
$
—

 
$
(0.03
)
 
$
—

Net income per share *
$
0.33

 
$
0.48

 
$
0.42

 
$
0.39

Diluted earnings per share
 
 
 
 
 
 
 
Income from continuing operations *
$
0.33

 
$
0.48

 
$
0.45

 
$
0.38

Loss from discontinued operations
$
—

 
$
—

 
$
(0.03
)
 
$
—

Net income per share *
$
0.33

 
$
0.48

 
$
0.42

 
$
0.38

 
* First quarter operating income, net income and related income per share amounts are typically lower than the remaining quarters in the year due to the resetting of certain payroll tax limits which occurs in January of each year and results in higher payroll tax costs in the first quarter.
Note that earnings per share tables contain slight summation differences due to rounding.