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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
Basic and diluted earnings per share (“EPS”) from continuing operations were calculated for the years ended December 31, 2019, 2018, and 2017 respectively, as follows:
Fiscal Year
2019
 
2018
 
2017
 
(In thousands, except per share data)
Net Income
$
166,412

 
$
144,827

 
$
146,024

Loss attributable to noncontrolling interests
191

 
262

 
217

Net income attributable to The GEO Group, Inc.
$
166,603

 
$
145,089

 
$
146,241

Basic earnings per share attributable to The GEO Group, Inc.:
 
 
 
 
 
Weighted average shares outstanding
119,097

 
120,241

 
120,095

Per share amount
$
1.40

 
$
1.21

 
$
1.22

Diluted earnings per share attributable to The GEO Group, Inc.:
 
 
 
 
 
Weighted average shares outstanding
119,097

 
120,241

 
120,095

Dilutive effect of equity incentive plans
214

 
506

 
719

Weighted average shares assuming dilution
119,311

 
120,747

 
120,814

Per share amount - diluted
$
1.40

 
$
1.20

 
$
1.21