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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2020 and 2019 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

2020

 

 

June 30,

2019

 

 

June 30,

2020

 

 

June 30,

2019

 

Net income

 

$

36,654

 

 

$

41,836

 

 

$

61,775

 

 

$

82,485

 

Net loss attributable to noncontrolling interests

 

 

66

 

 

 

78

 

 

 

126

 

 

 

134

 

Net income attributable to The GEO Group, Inc.

 

 

36,720

 

 

 

41,914

 

 

 

61,901

 

 

 

82,619

 

Basic earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,810

 

 

 

119,168

 

 

 

119,602

 

 

 

118,972

 

Per share amount

 

$

0.31

 

 

$

0.35

 

 

$

0.52

 

 

$

0.69

 

Diluted earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,810

 

 

 

119,168

 

 

 

119,602

 

 

 

118,972

 

Dilutive effect of equity incentive plans

 

 

154

 

 

 

376

 

 

 

335

 

 

 

545

 

Weighted average shares assuming dilution

 

 

119,964

 

 

 

119,544

 

 

 

119,937

 

 

 

119,517

 

Per share amount

 

$

0.31

 

 

$

0.35

 

 

$

0.52

 

 

$

0.69