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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flow from Operating Activities:    
Net income $ 95,295 $ 105,859
Net loss attributable to noncontrolling interests 79 20
Net income attributable to The GEO Group, Inc. 95,374 105,879
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:    
Depreciation and amortization expense 78,628 71,969
Stock-based compensation 8,602 6,263
Amortization of debt issuance costs, discount and/or premium and other non-cash interest 4,986 3,921
Dividends received from unconsolidated joint venture 0 2,455
Provision for doubtful accounts 323 0
Equity in earnings of affiliates, net of tax (3,949) (4,202)
Income tax benefit related to equity compensation (1,252) (1,498)
(Gain) loss on sale/disposal of property and equipment (935) 453
Changes in assets and liabilities, net of effects of acquisitions:    
Changes in accounts receivable, prepaid expenses and other assets (3,068) 22,235
Changes in contract receivable (74,483) (54,731)
Changes in accounts payable, accrued expenses and other liabilities 6,938 11,881
Net cash provided by operating activities 111,164 164,625
Cash Flow from Investing Activities:    
Acquisition of SoberLink, cash consideration (24,402) 0
Acquisition of LCS, net of cash acquired (307,403) 0
Acquisition of Protocol, cash consideration 0 (13,025)
Insurance proceeds - damaged property 1,270 0
Proceeds from sale of property and equipment 49 515
Change in restricted cash and investments (11,136) (6,052)
Capital expenditures (100,844) (77,713)
Net cash used in investing activities (442,466) (96,275)
Cash Flow from Financing Activities:    
Proceeds from long-term debt 642,000 459,384
Payments on long-term debt (222,675) (509,132)
Payments on non-recourse debt (6,366) (4,511)
Proceeds from non-recourse debt 70,117 74,191
Taxes paid related to net share settlements of equity awards (2,748) (1,844)
Proceeds from issuance of common stock in connection with ESPP 321 277
Issuance of common stock under prospectus supplement 0 54,724
Debt issuance costs (5,217) (23,508)
Income tax benefit related to equity compensation 1,252 1,498
Proceeds from the exercise of stock options 2,513 6,384
Cash dividends paid (138,454) (124,084)
Net cash provided by (used in) financing activities 340,743 (66,621)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (3,647) (1,174)
Net increase in Cash and Cash Equivalents 5,794 555
Cash and Cash Equivalents, beginning of period 41,337 52,125
Cash and Cash Equivalents, end of period 47,131 52,680
Non-cash Investing and Financing activities:    
Capital expenditures in accounts payable and accrued expenses $ 7,266 $ 11,895