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Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS

Dividend
On April 25, 2017, our Board of Directors declared a quarterly cash dividend of $0.47 per share of common stock, adjusted to take into effect the stock split, which is to be paid on May 19, 2017 to shareholders of record as of the close of business on May 9, 2017.

Community Education Centers Acquisition

On April 5, 2017, the Company closed on its previously announced acquisition of Community Education Centers ("CEC"), a
leading private provider of rehabilitation services for offenders in reentry and in-prison treatment facilities as well as
management services for county, state and federal correctional and detention facilities. The Company acquired 100% of the
voting interests in CEC for $360 million in an all cash transaction, excluding transaction related expenses paid at closing of
$4.1 million. The Company did not assume any debt as a result of the transaction. The purchase price is subject to adjustment
based on a working capital target. CEC's operations encompass over 12,000 beds nationwide. The Company is in the process of
integrating CEC into its existing business units of GEO Corrections & Detention and GEO Care. The Company acquired CEC
to further position itself to meet the demand for increasingly diversified correctional, detention and community reentry facilities
and services and will allow the Company to expand the delivery of enhanced in-prison rehabilitation including evidence-based
treatment, integrated with post-release support services through GEO's Continuum of Care platform.

As the transaction closed on April 5, 2017, there are no revenue or earnings of CEC included in the consolidated statement of
operations for the three months ended March 31, 2017. As of May 4, 2017, the initial accounting for the acquisition is
incomplete, therefore the Company is unable to disclose supplemental pro forma combined financial information with respect
to revenues and earnings for the three month periods ended March 31, 2017 and 2016. Additionally, because the initial
accounting for the acquisition is incomplete, the Company is also unable to disclose the acquisition-date fair value allocation of
amounts that will be recognized for each major class of assets acquired and liabilities assumed, including the amount of
goodwill by reportable segment and any tax deductibility of such goodwill. The Company expects to be able to provide these
disclosures in its Form 10-Q for the period ended June 30, 2017.


Restricted Stock Awards

In April 2017, the Compensation Committee of the Board of Directors resolved to grant 301,500 shares of restricted stock to
certain employees of the Company including its Board of Directors. Of these awards, 180,000 shares are market and
performance-based awards which vest subject to the achievement of certain total shareholder return and return on capital
employed metrics over a three year period. These shares have been adjusted to take into effect the stock split.

Contract Award

On April 13, 2017, the Company announced that it has been awarded a contract by U.S. Immigration and Customs Enforcement
("ICE") for the development and operation of a new company-owned 1,000-bed detention facility to be located in Conroe,
Texas. The Company expects to design, finance, build and operate the facility under a ten-year contract with ICE, inclusive of
renewal option periods. The facility is scheduled for completion in the fourth quarter of 2018.