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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flow from Operating Activities:    
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
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:    
Depreciation and amortization expense 33,327 32,469
Stock-based compensation 9,768 6,727
Gain on extinguishment of debt (1,563) 0
Amortization of debt issuance costs, discount and/or premium and other non-cash interest 1,670 2,563
Provision for doubtful accounts 25 131
Equity in earnings of affiliates, net of tax (2,260) (2,596)
Dividends received from unconsolidated joint venture 633 3,088
Loss on sale/disposal of property and equipment, net 304 697
Loss on assets held for sale 0 1,083
Changes in assets and liabilities, net of effects of acquisitions:    
Changes in accounts receivable, prepaid expenses and other assets 53,210 27,527
Changes in contract receivable 1,206 1,446
Changes in accounts payable, accrued expenses and other liabilities 6,758 (14,829)
Net cash provided by operating activities 128,259 99,011
Cash Flow from Investing Activities:    
Insurance proceeds - damaged property 0 2,503
Proceeds from sale of property and equipment 264 274
Proceeds from sale of assets held for sale 1,300 0
Change in restricted investments 3,363 (4,062)
Capital expenditures (30,652) (28,084)
Net cash used in investing activities (25,725) (29,369)
Cash Flow from Financing Activities:    
Proceeds from long-term debt 96,000 130,000
Payments on long-term debt (125,505) (96,926)
Payments on non-recourse debt (1,362) (2,089)
Taxes paid related to net share settlements of equity awards (2,632) (4,172)
Proceeds from issuance of common stock in connection with ESPP 150 124
Payment for repurchases of common stock (9,009) 0
Proceeds from the exercise of stock options 0 333
Cash dividends paid (57,703) (57,945)
Net cash used in financing activities (100,061) (30,675)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (7,364) 366
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (4,891) 39,333
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, beginning of period 67,472 84,472
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, end of period 62,581 123,805
Non-cash Investing and Financing activities:    
Right-of-use assets obtained from operating lease liabilities upon adoption of new lease standard 0 147,000
Conversion of pension liability to shares of common stock 8,925 0
Capital expenditures in accounts payable and accrued expenses $ 3,304 $ 5,081