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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 31,255 $ 81,377
Restricted cash and investments 51,678 44,932
Accounts receivable, less allowance for doubtful accounts of $4,183 and $4,574, respectively 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 22,431 27,999
Property and Equipment, Net 2,158,610 2,078,123
Contract Receivable 368,178 404,309
Assets Held for Sale 2,634 3,915
Deferred Income Tax Assets 29,924 26,277
Goodwill 776,359 778,951
Intangible Assets, Net 232,360 255,339
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
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 (Note 17)
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, 124,794,986 and 124,008,303 issued and 120,584,732 and 124,008,003 outstanding, respectively 1,248 1,240
Additional paid-in capital 1,210,916 1,190,906
(Distributions) in excess of earnings/earnings in excess of distributions (52,868) 31,541
Accumulated other comprehensive loss (23,618) (24,446)
Treasury stock, 4,210,254 and 0 shares, at cost, respectively (95,175) 0
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
Total Liabilities and Shareholders’ Equity $ 4,247,463 $ 4,226,908