Business Combinations (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary purchase price allocation as of April 5, 2017 and as of December 31, 2017 and adjustments made to the estimated acquisition date fair values during the measurement period are as follows (in '000's):



	Acquisition Date Estimated Fair Value as of April 5, 2017		Measurement Period Adjustments			Acquisition Date Estimated Fair Value as of December 31, 2017
Accounts Receivable	$	29,936	$	2,933		$	32,869
Prepaid and other current assets	5,032		(635		)	4,397
Property and equipment	126,510		—			126,510
Intangible assets	76,000		—			76,000
Favorable lease assets	3,110		—			3,110
Deferred income tax assets	2,223		1,893			4,116
Other non-current assets	4,327		—			4,327
Total assets acquired	$	247,138	$	4,191		$	251,329
Accounts payable and accrued expenses	53,800		(2,149		)	51,651
Unfavorable lease liabilities	1,299		—			1,299
Other non-current liabilities	9,917		562			10,479
Total liabilities assumed	$	65,016	$	(1,587	)	$	63,429
Total identifiable net assets	182,122		5,778			187,900
Goodwill	172,343		(6,687		)	165,656
Total consideration paid, net of cash acquired	$	354,465	$	(909	)	$	353,556

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

Identifiable intangible assets purchased in the acquisition and their weighted average amortization

periods in total and by major intangible asset class, as applicable, are included in the table below:



	Weighted Average Useful Life (years)	Fair Value as of April 5, 2017
Facility management contracts	18	$	75,300
Covenants not to compete	1	700
Total acquired intangible assets		$	76,000

Business Acquisition, Pro Forma Information

The pro forma amounts are

included for comparative purposes and may not necessarily reflect the results of operations that would have resulted had the

acquisition been completed at the beginning of the applicable period and may not be indicative of the results that will be

attained in the future (in thousands):



	Year Ended (unaudited)
	December 31, 2017	December 31, 2016	December 31, 2015
Pro forma revenues	2,300,000	2,400,000	2,100,000
Pro forma net income attributable to the GEO Group, Inc.	160,000	143,000	127,000