Business Segments and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016		March 31, 2015
Revenues:
U.S. Corrections & Detention	$	338,370	$	285,609
GEO Care	93,414		79,356
International Services	37,555		40,654
Facility Construction & Design (1)	40,846		21,750
Total revenues	$	510,185	$	427,369
Operating income:
U.S. Corrections & Detention	$	66,919	$	63,597
GEO Care	23,971		18,506
International Services	1,762		1,815
Facility Construction & Design (1)	576		602
Operating income from segments	$	93,228	$	84,520

(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. A portion of the Contract Receivable will be paid by the State upon commercial acceptance of the prison and the remainder will be paid quarterly over the life of the contract. Refer to Note 8 - Derivative Financial Instruments and Note 9 - Debt for additional information.

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, 2016			March 31, 2015
Total operating income from segments	$	93,228		$	84,520
Unallocated amounts:
General and Administrative Expenses	(34,061		)	(31,848		)
Net Interest Expense	(24,809		)	(22,573		)
Income before income taxes and equity in earnings of affiliates	$	34,358		$	30,099