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Business Segments and Geographic Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Operating and Reporting Segments
The Company's segment revenues from external customers and a measure of segment profit are as follows (in thousands):
 
 
Three Months Ended
 
March 31, 2015
 
March 31, 2014
Revenues:
 
 
 
U.S. Corrections & Detention
$
285,609

 
$
266,715

GEO Care
79,356

 
76,652

International Services
40,654

 
49,770

Facility Construction & Design (1)
21,750

 

Total revenues
$
427,369

 
$
393,137

Operating income:
 
 
 
U.S. Corrections & Detention
$
63,597

 
$
58,810

GEO Care
18,506

 
15,701

International Services
1,815

 
2,561

Facility Construction & Design (1)
602

 

Operating income from segments
$
84,520

 
$
77,072


(1) In September 2014, the Company began the design and construction of a new prison contract located in Ravenhall, a locality near Melbourne, Australia. During the design and construction phase, the Company recognizes revenue as earned on a percentage of completion basis measured by the percentage of costs incurred to date as compared to estimated total costs for the design and construction of the facility. Costs incurred and estimated earnings in excess of billings is classified as Contract Receivable in the accompanying consolidated balance sheets and is recorded at the net present value based on the timing of expected future settlement.
Pre-Tax Income Reconciliation of Segments
The following is a reconciliation of the Company’s total operating income from its reportable segments to the Company’s income before income taxes and equity in earnings of affiliates (in thousands):
 
 
Three Months Ended
 
March 31, 2015
 
March 31, 2014
Total operating income from segments
$
84,520

 
$
77,072

Unallocated amounts:
 
 
 
General and Administrative Expenses
(31,848
)
 
(28,502
)
Net Interest Expense
(22,573
)
 
(19,920
)
Income before income taxes and equity in earnings of affiliates
$
30,099

 
$
28,650