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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 65,901 $ 68,038
Restricted cash and investments 17,378 17,133
Accounts receivable, less allowance for doubtful accounts of $4,373 and $3,664, respectively 342,361 356,255
Contract receivable, current portion 238,958 224,033
Prepaid expenses and other current assets 42,467 32,210
Total current assets 707,065 697,669
Restricted Cash and Investments 23,020 20,848
Property and Equipment, Net 2,049,613 1,897,241
Non-Current Contract Receivable 358,727 219,783
Deferred Income Tax Assets 32,262 30,039
Goodwill 787,803 615,433
Intangible Assets, Net 268,345 203,884
Other Non-Current Assets 66,933 64,512
Total Assets 4,293,768 3,749,409
Current Liabilities    
Accounts payable 98,027 79,637
Accrued payroll and related taxes 63,192 55,260
Accrued expenses and other current liabilities 153,930 131,096
Current portion of capital lease obligations, long-term debt and non-recourse debt 255,404 238,065
Total current liabilities 570,553 504,058
Other Non-Current Liabilities 98,741 88,656
Capital Lease Obligations 6,787 7,431
Long-Term Debt 2,107,208 1,935,465
Non-Recourse Debt 283,780 238,842
Commitments, Contingencies and Other (Note 11)
Shareholders’ Equity    
Preferred stock, $0.01 par value, 30,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 187,500,000 shares authorized, 123,976,106 and 112,547,544 issued and outstanding, respectively 1,240 1,125
Additional paid-in capital 1,180,038 891,993
Earnings in excess of distributions 73,299 112,763
Accumulated other comprehensive loss (27,694) (30,825)
Total shareholders’ equity attributable to The GEO Group, Inc. 1,226,883 975,056
Noncontrolling interests (184) (99)
Total shareholders’ equity 1,226,699 974,957
Total Liabilities and Shareholders’ Equity $ 4,293,768 $ 3,749,409