XML 17 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenues $ 2,350,098 $ 2,477,922 $ 2,331,386
Operating Expenses (excluding depreciation and amortization) 1,778,326 1,860,758 1,755,772
Depreciation and Amortization 134,680 130,825 126,434
General and Administrative Expenses 193,372 185,926 184,515
Goodwill Impairment Charge 21,146    
Operating Income 222,574 300,413 264,665
Interest Income 23,072 28,934 34,755
Interest Expense (126,837) (151,024) (150,103)
Gain (Loss) on Extinguishment of Debt 5,319 (4,795)  
Income Before Income Taxes and Equity in Earnings of Affiliates 124,128 173,528 149,317
Provision for Income Taxes 20,463 16,648 14,117
Equity in Earnings of Affiliates, net of income tax (benefit) provision of $1,784, $1,769 and $888 9,166 9,532 9,627
Net Income 112,831 166,412 144,827
Loss Attributable to Noncontrolling Interests 201 191 262
Net Income Attributable to The GEO Group, Inc. $ 113,032 $ 166,603 $ 145,089
Weighted Average Common Shares Outstanding:      
Basic 119,719 119,097 120,241
Diluted 119,991 119,311 120,747
Basic earnings per share      
Net income per share — basic $ 0.94 $ 1.40 $ 1.21
Diluted:      
Net income per share — diluted 0.94 1.40 1.20
Dividends declared per share $ 1.78 $ 1.92 $ 1.88