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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated for the years ended December 31, 2021, 2020 and 2019 as follows (in thousands, except per share data):

Fiscal Year

 

2021

 

 

2020

 

 

2019

 

 

 

(In thousands, except per share data)

 

Net Income

 

$

77,233

 

 

$

112,831

 

 

$

166,412

 

Loss attributable to noncontrolling interests

 

 

185

 

 

 

201

 

 

 

191

 

Less: Undistributed income allocable to participating securities

 

 

(6,982

)

 

 

 

 

 

 

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

 

$

70,436

 

 

$

113,032

 

 

$

166,603

 

Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,384

 

 

 

119,719

 

 

 

119,097

 

Per share amount - basic

 

$

0.59

 

 

$

0.94

 

 

$

1.40

 

Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,384

 

 

 

119,719

 

 

 

119,097

 

Dilutive effect of equity incentive plans

 

 

348

 

 

 

272

 

 

 

214

 

Weighted average shares assuming dilution

 

 

120,732

 

 

 

119,991

 

 

 

119,311

 

Per share amount - diluted

 

$

0.58

 

 

$

0.94

 

 

$

1.40