Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Changes in shareholders' equity that are attributable to the Company's shareholders and to noncontrolling interests

The following table presents the changes in shareholders’ equity that are attributable to the Company’s shareholders and to noncontrolling interests (in thousands):

	Common shares					Additional Paid-In			Earnings in Excess of			Accumulated Other Comprehensive			Noncontrolling			Total Shareholders'
	Shares		Amount			Capital			Distributions			Loss			Interests			Equity
Balance, December 31, 2016	112,548		$	1,125		$	891,993		$	112,763		$	(30,825	)	$	(99	)	$	974,957
Proceeds from exercise of stock options	307		3			6,147			—			—			—			6,150
Stock-based compensation expense	—		—			9,993			—			—			—			9,993
Restricted stock granted	924		9			(9		)	—			—			—			—
Restricted stock canceled	(27	)	—			—			—			—			—			—
Dividends paid	—		—			—			(110,859		)	—			—			(110,859		)
Issuance of common stock - prospectus supplement	10,350		104			275,763			—			—			—			275,867
Shares withheld for net settlements of share-based awards	(134	)	(1		)	(4,091		)	—			—			—			(4,092		)
Issuance of common stock - ESPP	8		—			242			—			—			—			242
Net income (loss)	—		—			—			71,395			—			(87		)	71,308
Other comprehensive income	—		—			—			—			3,131			2			3,133
Balance, June 30, 2017	123,976		$	1,240		$	1,180,038		$	73,299		$	(27,694	)	$	(184	)	$	1,226,699

Dividends declared

During the six months ended June 30, 2017 and the year ended December 31, 2016, respectively, GEO declared and paid the following regular cash distributions to its shareholders as follows:

Declaration Date	Record Date	Payment Date	Distribution Per Share	Aggregate Payment Amount (in millions)
February 3, 2016	February 16, 2016	February 26, 2016	$0.43	$48.5
April 20, 2016	May 2, 2016	May 12, 2016	$0.43	$48.7
July 20, 2016	August 1, 2016	August 12, 2016	$0.43	$48.7
October 18, 2016	October 31, 2016	November 10, 2016	$0.43	$48.8
February 6, 2017	February 17, 2017	February 27, 2017	$0.47	$52.5
April 25, 2017	May 9, 2017	May 19, 2017	$0.47	$58.4

Schedule of accumulated other comprehensive income (loss)

The components of accumulated other comprehensive income (loss) attributable to GEO within shareholders' equity are as follows:

	Six Months Ended June 30, 2017
	(In thousands)
	Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. (1)			Unrealized (loss)/gain on derivatives, net of tax			Pension adjustments, net of tax			Total
Balance, December 31, 2016	$	(11,284	)	$	(15,877	)	$	(3,664	)	$	(30,825	)
Current-period other comprehensive (loss) income	2,204			816			111			3,131
Balance, June 30, 2017	$	(9,080	)	$	(15,061	)	$	(3,553	)	$	(27,694	)

⁽¹⁾ The foreign currency translation related to noncontrolling interests was not significant at June 30, 2017 or December 31, 2016.