XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Total Revenues $ 583,530 $ 566,759 $ 1,731,956 $ 1,694,443
Operating expenses 434,806 423,134 1,299,312 1,276,286
Depreciation and amortization 31,297 31,649 94,536 92,464
General and administrative expenses 47,647 49,074 136,927 143,866
Operating income 69,780 62,902 201,181 181,827
Interest income 8,428 14,648 26,194 38,971
Interest expense (37,991) (38,719) (110,779) (109,702)
Income before income taxes and equity in earnings of affiliates 40,217 38,831 116,596 111,096
Provision for income taxes 3,723 1,720 12,193 5,590
Equity in earnings of affiliates, net of income tax provision of $200, $77, $636 and $1,785, respectively 2,735 1,342 7,071 4,255
Net income 39,229 38,453 111,474 109,761
Net loss attributable to noncontrolling interests 60 36 223 123
Net income attributable to The GEO Group, Inc. $ 39,289 $ 38,489 $ 111,697 $ 109,884
Weighted-average common shares outstanding:        
Basic (in shares) 119,681 122,251 120,567 119,356
Diluted (in shares) 120,302 122,887 121,055 120,114
Basic:        
Net income per common share attributable to The GEO Group, Inc. - basic (in dollars per share) $ 0.33 $ 0.31 $ 0.93 $ 0.92
Diluted:        
Net income per common share attributable to The GEO Group, Inc. - diluted (in dollars per share) 0.33 0.31 0.92 0.91
Dividends declared per share (in dollars per share) $ 0.47 $ 0.47 $ 1.41 $ 1.41