Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2021 and 2020 as follows (in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	September 30, 2021			September 30, 2020		September 30, 2021			September 30, 2020
Net income	$	34,641		$	39,172	$	127,057		$	100,947
Net loss attributable to noncontrolling interests		69			48		157			174
Less: Undistributed income allocable to participating securities		(5,949	)		-		(13,624	)		-
Net income attributable to The GEO Group, Inc. available to common stockholders		28,761			39,220		113,590			101,121
Basic earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		120,525			119,826		120,326			119,677
Per share amount	$	0.24		$	0.33	$	0.94		$	0.84
Diluted earnings per share attributable to The GEO Group,    Inc. available to common stockholders:
Weighted average shares outstanding		120,525			119,826		120,326			119,677
Dilutive effect of equity incentive plans		347			206		257			287
Weighted average shares assuming dilution		120,872			120,032		120,583			119,964
Per share amount	$	0.24		$	0.33	$	0.94		$	0.84