Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

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
2016
Revenues	$	510,185	$	548,350	$	554,376	$	566,579
Operating income *	59,167		65,957		72,452		68,008
Net Income *	32,326		23,156		43,674		49,342
Net Income Attributable to The GEO Group, Inc. *	32,350		23,209		43,720		49,436
Basic earnings per share:
Net income per share *	$	0.44	$	0.31	$	0.59	$	0.67
Diluted earnings per share:
Net income per share *	$	0.44	$	0.31	$	0.59	$	0.66

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2015
Revenues	$	427,369	$	445,945	$	469,866	$	500,127
Operating income *	52,672		53,281		63,031		66,745
Net Income *	28,756		28,253		38,291		44,015
Net Income Attributable to The GEO Group, Inc. *	28,777		28,291		38,312		44,058
Basic earnings per share:
Net income per share *	$	0.39	$	0.38	$	0.52	$	0.60
Diluted earnings per share:
Net income per share *	$	0.39	$	0.38	$	0.52	$	0.59

* 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. Net income for second quarter 2016 includes a loss on extinguishment of debt. Refer to Note 13-Debt.