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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated for the three months ended March 31, 2020 and 2019 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

 

 

March 31,

2020

 

 

March 31,

2019

 

 

Net income

 

$

25,121

 

 

$

40,649

 

 

Net loss attributable to noncontrolling interests

 

 

60

 

 

 

56

 

 

Net income attributable to The GEO Group, Inc.

 

 

25,181

 

 

 

40,705

 

 

Basic earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,394

 

 

 

118,774

 

 

Per share amount

 

$

0.21

 

 

$

0.34

 

 

Diluted earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,394

 

 

 

118,774

 

 

Dilutive effect of equity incentive plans

 

 

539

 

 

 

722

 

 

Weighted average shares assuming dilution

 

 

119,933

 

 

 

119,496

 

 

Per share amount

 

$

0.21

 

 

$

0.34