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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
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, 2021 and 2020 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

 

 

March 31,

2021

 

 

March 31,

2020

 

 

Net income

 

$

50,483

 

 

$

25,121

 

 

Net loss attributable to noncontrolling interests

 

 

61

 

 

 

60

 

 

Less: Undistributed income allocable to participating securities

 

 

(1,420

)

 

 

-

 

 

Net income attributable to The GEO Group, Inc. available to common stockholders

 

 

49,124

 

 

 

25,181

 

 

Basic earnings per share attributable to The GEO Group,

   Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,022

 

 

 

119,394

 

 

Per share amount

 

$

0.41

 

 

$

0.21

 

 

Diluted earnings per share attributable to The GEO Group,

   Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,022

 

 

 

119,394

 

 

Dilutive effect of equity incentive plans

 

 

395

 

 

 

539

 

 

Weighted average shares assuming dilution

 

 

120,417

 

 

 

119,933

 

 

Per share amount

 

$

0.41

 

 

$

0.21