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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flow from Operating Activities:      
Net Income $ 112,831 $ 166,412 $ 144,827
Net loss attributable to noncontrolling interests 201 191 262
Net Income Attributable to The GEO Group, Inc. 113,032 166,603 145,089
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:      
Depreciation and amortization expense 134,680 130,825 126,434
Deferred tax provision (benefit) 11,221 (588) 1,230
Amortization of debt issuance costs, discount and/or premium and other non-cash interest 6,892 8,609 8,856
Goodwill impairment charge 21,146    
Stock-based compensation 23,896 22,344 22,049
(Gain) loss on extinguishment of debt (5,319) 4,795  
Provision for doubtful accounts 263 190 823
Equity in earnings of affiliates, net of tax (9,166) (9,532) (9,627)
Loss on sale/disposal of property and equipment 7,777 5,576 4,236
Loss on assets held for sale 774 1,083  
Dividends received from unconsolidated joint ventures 5,934 10,312 11,846
Changes in assets and liabilities, net of acquisition:      
Changes in accounts receivable, prepaid expenses and other assets 68,181 (8,391) (66,101)
Changes in contract receivable 5,156 (4,355) (2,049)
Changes in accounts payable, accrued expenses and other liabilities 57,266 10,672 31,689
Net cash provided by operating activities 441,733 338,143 274,475
Cash Flow from Investing Activities:      
Proceeds from sale of property and equipment 140 414 2,077
Insurance proceeds - damaged property 9,497 19,310 1,438
Proceeds from sale of assets held for sale 2,406 823 3,797
Change in restricted investments (7,417) (7,440) (129)
Capital expenditures (108,800) (117,244) (195,666)
Net cash used in investing activities (104,174) (104,137) (188,483)
Cash Flow from Financing Activities:      
Payments on long-term debt (816,191) (513,219) (282,358)
Proceeds from long term debt 960,579 521,370 502,998
Payments on non-recourse debt (13,805) (335,116) (18,544)
Proceeds from non-recourse debt   321,102  
Taxes paid related to net share settlements of equity awards (2,789) (4,179) (3,820)
Debt issuance costs   (9,856) (990)
Payments for purchase of treasury shares (9,009)   (95,175)
Proceeds from stock options exercised   1,258 1,887
Proceeds from issuance of common stock in connection with ESPP 616 532 534
Dividends paid (216,145) (232,546) (229,498)
Net cash used in financing activities (96,744) (250,654) (124,966)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash and Cash Equivalents 3,566 (352) (10,099)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash and Cash Equivalents 244,381 (17,000) (49,073)
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, beginning of period 67,472 84,472 133,545
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, end of period 311,853 67,472 84,472
Cash paid during the year for:      
Income taxes 5,358 11,160 8,035
Interest 113,304 135,579 133,566
Non-cash investing and financing activities:      
Right-of-use assets obtained from operating lease liabilities upon adoption of new lease standard - Refer to 13 - Leases   147,000  
Assets obtained from finance lease liabilities 2,260    
Conversion of pension liability to shares of common stock 8,925    
Right-of-use assets obtained from operating lease liabilities (subsequent to initial adoption) 23,940 12,223  
Capital expenditures in accounts payable and accrued expenses $ 1,445 $ 11,049 $ 15,253