XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Revenues $ 610,667 $ 564,917
Operating expenses 456,997 426,709
Depreciation and amortization 32,469 31,926
General and administrative expenses 46,424 41,832
Operating income 74,777 64,450
Interest income 8,396 9,099
Interest expense (40,280) (35,869)
Income before income taxes and equity in earnings of affiliates 42,893 37,680
Provision for income taxes 4,840 4,755
Equity in earnings of affiliates, net of income tax provision of $359 and $706, respectively 2,596 1,995
Net income 40,649 34,920
Net loss attributable to noncontrolling interests 56 67
Net income attributable to The GEO Group, Inc. $ 40,705 $ 34,987
Weighted-average common shares outstanding:    
Basic (in shares) 118,774 121,768
Diluted (in shares) 119,496 122,304
Basic:    
Net income per common share attributable to The GEO Group, Inc. - basic (in dollars per share) $ 0.34 $ 0.29
Diluted:    
Net income per common share attributable to The GEO Group, Inc. - diluted (in dollars per share) 0.34 0.29
Dividends declared per share (in dollars per share) $ 0.48 $ 0.47