XML 64 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1
Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Company's quarterly financial data
The Company’s selected quarterly financial data is as follows (in thousands, except per share data attributable to GEO):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2018
 
 
 
 
 
 
 
Revenues
$
564,917

 
$
583,509

 
$
583,530

 
$
599,430

Operating income
64,450

 
66,951

 
69,780

 
63,484

Net Income
34,920

 
37,325

 
39,229

 
33,353

Net Income Attributable to The GEO Group, Inc.
34,987

 
37,421

 
39,289

 
33,392

Basic earnings per share:
 
 
 
 
 
 
 
Net income per share
$
0.29

 
$
0.31

 
$
0.33

 
$
0.28

Diluted earnings per share:
 
 
 
 
 
 
 
Net income per share **
$
0.29

 
$
0.31

 
$
0.33

 
$
0.28

 

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2017
 
 
 
 
 
 
 
Revenues
$
550,614

 
$
577,070

 
$
566,759

 
$
568,977

Operating income
64,372

 
54,553

 
62,902

 
66,458

Net Income *
40,366

 
30,942

 
38,453

 
36,263

Net Income Attributable to The GEO Group, Inc.
40,403

 
30,992

 
38,489

 
36,357

Basic earnings per share:
 
 
 
 
 
 
 
Net income per share *
$
0.36

 
$
0.25

 
$
0.31

 
$
0.30

Diluted earnings per share:
 
 
 
 
 
 
 
Net income per share *
$
0.35

 
$
0.25

 
$
0.31

 
$
0.30

 
* Second quarter 2017 net income includes nonrecurring merger and acquisition costs related to the Company's acquisition of CEC. The acquisition also led to an increase in revenue for Second Quarter through Fourth Quarter 2017. Refer to Note 2 - Business Combinations.
** Earnings per share table contains slight summation differences due to rounding.