Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Basic and diluted earnings per share

Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2019 and 2018 as follows (in thousands, except per share data):

 

	Three Months Ended				Nine Months Ended
	September 30, 2019		September 30, 2018		September 30, 2019		September 30, 2018
Net income	$	45,885	$	39,229	$	128,370	$	111,474
Net loss attributable to noncontrolling interests	47		60		181		223
Net income attributable to The GEO Group, Inc.	45,932		39,289		128,551		111,697
Basic earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	119,209		119,681		119,052		120,567
Per share amount	$	0.39	$	0.33	$	1.08	$	0.93
Diluted earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	119,209		119,681		119,052		120,567
Dilutive effect of equity incentive plans	73		621		262		488
Weighted average shares assuming dilution	119,282		120,302		119,314		121,055
Per share amount	$	0.39	$	0.33	$	1.08	$	0.92