Earnings Per Share

12 Months Ended

Dec. 31, 2016

Basic and diluted earnings per share (“EPS”) from continuing operations were calculated for the years ended December 31, 2016, 2015, and 2014 respectively, as follows:



Fiscal Year	2016		2015		2014
	(In thousands, except per share data)
Net Income	$	148,498	$	139,315	$	143,840
Loss attributable to noncontrolling interests	217		123		90
Net income attributable to The GEO Group, Inc.	$	148,715	$	139,438	$	143,930
Basic earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	74,043		73,696		72,270
Per share amount	$	2.01	$	1.89	$	1.99
Diluted earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	74,043		73,696		72,270
Dilutive effect of equity incentive plans	280		299		277
Weighted average shares assuming dilution	74,323		73,995		72,547
Per share amount	$	2.00	$	1.88	$	1.98

For the fiscal year ended December 31, 2016, 575,309 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. 178,030 common stock equivalents from restricted shares were anti-dilutive and excluded from the computation of diluted EPS.

For the fiscal year ended December 31, 2015, 240,462 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. 210,074 common stock equivalents from restricted shares were anti-dilutive.

For the fiscal year ended December 31, 2014, 65,168 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No common stock equivalents from restricted shares were anti-dilutive.