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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2017 and 2016 as follows (in thousands, except per share data):
 
 
Three Months Ended
 
Six Months Ended
 
June 30, 2017

June 30, 2016
 
June 30, 2017

June 30, 2016
Net income
$
30,942

 
$
23,156

 
$
71,308

 
$
55,482

Net loss attributable to noncontrolling interests
50

 
53

 
87

 
77

Net income attributable to The GEO Group, Inc.
30,992

 
23,209

 
71,395

 
55,559

Basic earnings per share attributable to The GEO Group, Inc.:
 
 
 
 


 
 
Weighted average shares outstanding
122,125

 
111,066

 
117,885

 
110,940

Per share amount
$
0.25

 
$
0.21

 
$
0.61

 
$
0.50

Diluted earnings per share attributable to The GEO Group, Inc.:
 
 
 
 
 
 
 
Weighted average shares outstanding
122,125

 
111,066

 
117,885

 
110,940

Dilutive effect of equity incentive plans
770

 
413

 
817

 
441

Weighted average shares assuming dilution
122,895

 
111,479

 
118,702

 
111,381

Per share amount
$
0.25

 
$
0.21

 
$
0.60

 
$
0.50