XML 134 R118.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidating Financial Information (Balance Sheet) (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
ASSETS        
Cash and cash equivalents $ 31,255 $ 81,377 $ 68,038  
Restricted cash and investments, current 51,678 44,932    
Accounts receivable, less allowance for doubtful accounts 445,526 389,916    
Contract receivable, current portion 15,535 18,142    
Prepaid expenses and other current assets 47,113 45,342    
Total current assets 591,107 579,709    
Restricted cash and investments, non-current 22,431 27,999    
Property and equipment, net 2,158,610 2,078,123 1,897,241  
Assets Held for Sale 2,634 3,915    
Contract Receivable 368,178 404,309    
Intercompany Receivable 0 0    
Deferred Income Tax Assets 29,924 26,277    
Goodwill 776,359 778,951 615,433  
Intangible Assets, Net 232,360 255,339    
Investment in Subsidiaries 0 0    
Other Non-Current Assets 65,860 72,286    
Total Assets 4,247,463 4,226,908    
Current Liabilities        
Accounts payable 93,032 92,587    
Accrued payroll and related taxes 76,009 71,732    
Accrued expenses and other current liabilities 193,515 176,324    
Current portion of capital lease obligations, long-term debt and non-recourse debt 332,027 28,920    
Total current liabilities 694,583 369,563    
Deferred Income Tax Liabilities 13,681 8,757    
Intercompany Payable 0 0    
Other Non-Current Liabilities 82,481 96,702    
Capital Lease Obligations 4,570 6,059    
Long-Term Debt 2,397,227 2,181,544    
Non-Recourse Debt 15,017 365,364    
Commitments and Contingencies    
Total shareholders’ equity attributable to The GEO Group, Inc. 1,040,503 1,199,241    
Noncontrolling interests (599) (322)    
Total shareholders’ equity 1,039,904 1,198,919 $ 974,957 $ 1,006,837
Total Liabilities and Shareholders’ Equity 4,247,463 4,226,908    
The GEO Group Inc.        
Current Liabilities        
Commitments and Contingencies      
Combined Subsidiary Guarantors        
Current Liabilities        
Commitments and Contingencies      
Combined Non-Guarantor Subsidiaries        
Current Liabilities        
Commitments and Contingencies      
Reportable Legal Entities        
ASSETS        
Contract Receivable   0    
Reportable Legal Entities | The GEO Group Inc.        
ASSETS        
Cash and cash equivalents 4,468 54,666    
Restricted cash and investments, current 2,854 0    
Accounts receivable, less allowance for doubtful accounts 190,594 130,354    
Contract receivable, current portion 0 0    
Prepaid expenses and other current assets 2,011 2,589    
Total current assets 199,927 187,609    
Restricted cash and investments, non-current 0 0    
Property and equipment, net 845,291 777,404    
Assets Held for Sale 705 0    
Contract Receivable 0 0    
Intercompany Receivable 990,365 1,130,189    
Deferred Income Tax Assets 798 863    
Goodwill 0 0    
Intangible Assets, Net 0 0    
Investment in Subsidiaries 1,503,841 1,336,665    
Other Non-Current Assets 9,541 11,141    
Total Assets 3,550,468 3,443,871    
Current Liabilities        
Accounts payable 13,566 20,643    
Accrued payroll and related taxes 0 0    
Accrued expenses and other current liabilities 23,565 40,344    
Current portion of capital lease obligations, long-term debt and non-recourse debt 8,000 8,000    
Total current liabilities 45,131 68,987    
Deferred Income Tax Liabilities 0 0    
Intercompany Payable 142,055 79,984    
Other Non-Current Liabilities 1,395 4,674    
Capital Lease Obligations 0 0    
Long-Term Debt 2,321,384 2,090,985    
Non-Recourse Debt 0 0    
Commitments and Contingencies      
Total shareholders’ equity attributable to The GEO Group, Inc. 1,040,503 1,199,241    
Noncontrolling interests 0 0    
Total shareholders’ equity 1,040,503 1,199,241    
Total Liabilities and Shareholders’ Equity 3,550,468 3,443,871    
Reportable Legal Entities | Combined Subsidiary Guarantors        
ASSETS        
Cash and cash equivalents 7,873 0    
Restricted cash and investments, current 0 0    
Accounts receivable, less allowance for doubtful accounts 221,957 225,029    
Contract receivable, current portion 0 0    
Prepaid expenses and other current assets 39,827 24,163    
Total current assets 269,657 249,192    
Restricted cash and investments, non-current 21,009 25,715    
Property and equipment, net 1,227,223 1,209,816    
Assets Held for Sale 1,929 3,915    
Contract Receivable 0 0    
Intercompany Receivable 150,710 88,534    
Deferred Income Tax Assets 27,928 23,913    
Goodwill 775,955 778,504    
Intangible Assets, Net 231,787 254,531    
Investment in Subsidiaries 458,229 456,076    
Other Non-Current Assets 115,695 115,330    
Total Assets 3,280,122 3,205,526    
Current Liabilities        
Accounts payable 72,128 65,475    
Accrued payroll and related taxes 56,543 51,780    
Accrued expenses and other current liabilities 157,576 115,636    
Current portion of capital lease obligations, long-term debt and non-recourse debt 2,017 1,870    
Total current liabilities 288,264 234,761    
Deferred Income Tax Liabilities 0 0    
Intercompany Payable 989,856 1,129,590    
Other Non-Current Liabilities 152,815 157,200    
Capital Lease Obligations 4,570 6,059    
Long-Term Debt 0 0    
Non-Recourse Debt 0 0    
Commitments and Contingencies      
Total shareholders’ equity attributable to The GEO Group, Inc. 1,844,617 1,677,916    
Noncontrolling interests 0 0    
Total shareholders’ equity 1,844,617 1,677,916    
Total Liabilities and Shareholders’ Equity 3,280,122 3,205,526    
Reportable Legal Entities | Combined Non-Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 18,914 26,711    
Restricted cash and investments, current 48,824 44,932    
Accounts receivable, less allowance for doubtful accounts 44,377 34,533    
Contract receivable, current portion 15,535 18,142    
Prepaid expenses and other current assets 7,114 18,590    
Total current assets 134,764 142,908    
Restricted cash and investments, non-current 1,422 2,284    
Property and equipment, net 86,096 90,903    
Assets Held for Sale 0 0    
Contract Receivable 368,178 404,309    
Intercompany Receivable 22,407 28,218    
Deferred Income Tax Assets 1,198 1,501    
Goodwill 404 447    
Intangible Assets, Net 573 808    
Investment in Subsidiaries 2,190 2,190    
Other Non-Current Assets 19,334 25,210    
Total Assets 636,566 698,778    
Current Liabilities        
Accounts payable 7,338 6,469    
Accrued payroll and related taxes 19,466 19,952    
Accrued expenses and other current liabilities 25,615 20,344    
Current portion of capital lease obligations, long-term debt and non-recourse debt 322,010 19,050    
Total current liabilities 374,429 65,815    
Deferred Income Tax Liabilities 13,681 8,757    
Intercompany Payable 31,571 37,367    
Other Non-Current Liabilities 6,981 14,223    
Capital Lease Obligations 0 0    
Long-Term Debt 75,843 90,559    
Non-Recourse Debt 15,017 365,364    
Commitments and Contingencies      
Total shareholders’ equity attributable to The GEO Group, Inc. 119,643 117,015    
Noncontrolling interests (599) (322)    
Total shareholders’ equity 119,044 116,693    
Total Liabilities and Shareholders’ Equity 636,566 698,778    
Eliminations        
ASSETS        
Cash and cash equivalents 0 0    
Restricted cash and investments, current 0 0    
Accounts receivable, less allowance for doubtful accounts (11,402) 0    
Contract receivable, current portion 0 0    
Prepaid expenses and other current assets (1,839) 0    
Total current assets (13,241) 0    
Restricted cash and investments, non-current 0 0    
Property and equipment, net 0 0    
Assets Held for Sale 0 0    
Contract Receivable 0      
Intercompany Receivable (1,163,482) (1,246,941)    
Deferred Income Tax Assets 0 0    
Goodwill 0 0    
Intangible Assets, Net 0 0    
Investment in Subsidiaries (1,964,260) (1,794,931)    
Other Non-Current Assets (78,710) (79,395)    
Total Assets (3,219,693) (3,121,267)    
Current Liabilities        
Accounts payable 0 0    
Accrued payroll and related taxes 0 0    
Accrued expenses and other current liabilities (13,241) 0    
Current portion of capital lease obligations, long-term debt and non-recourse debt 0 0    
Total current liabilities (13,241) 0    
Deferred Income Tax Liabilities 0 0    
Intercompany Payable (1,163,482) (1,246,941)    
Other Non-Current Liabilities (78,710) (79,395)    
Capital Lease Obligations 0 0    
Long-Term Debt 0 0    
Non-Recourse Debt 0 0    
Commitments and Contingencies      
Total shareholders’ equity attributable to The GEO Group, Inc. (1,964,260) (1,794,931)    
Noncontrolling interests 0 0    
Total shareholders’ equity (1,964,260) (1,794,931)    
Total Liabilities and Shareholders’ Equity $ (3,219,693) $ (3,121,267)