XML 38 R32.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Business Segments and Geographic Information (Tables) | 6 Months Ended
--- | ---
Jul. 01, 2012
Segment Reporting [Abstract] |
Operating and Reporting Segments | The Company's segment revenues from external customers and a measure of segment profit are as follows (in thousands):
| Thirteen Weeks Ended |  | Twenty-six Weeks Ended
| July 1, 2012 |  | July 3, 2011 |  | July 1, 2012 |  | July 3, 2011
Revenues: |  |  |  |  |  |  |
U.S. Corrections & Detention | $ | 246,060 |  |  | $ | 230,662 |  |  | $ | 481,094 |  |  | $ | 460,870 |
GEO Care | 110,320 |  |  | 110,857 |  |  | 220,013 |  |  | 207,746 |
International Services | 55,968 |  |  | 55,285 |  |  | 112,498 |  |  | 108,413 |
Facility Construction & Design | — |  |  | — |  |  | — |  |  | 119 |
Total revenues | $ | 412,348 |  |  | $ | 396,804 |  |  | $ | 813,605 |  |  | $ | 777,148 |
Operating income: |  |  |  |  |  |  |
U.S. Corrections & Detention | $ | 59,849 |  |  | $ | 52,881 |  |  | $ | 106,960 |  |  | $ | 107,598 |
GEO Care | 21,203 |  |  | 21,443 |  |  | 39,827 |  |  | 35,293 |
International Services | 2,454 |  |  | 2,322 |  |  | 6,641 |  |  | 6,274 |
Facility Construction & Design | — |  |  | (23 | ) |  | — |  |  | 80 |
Operating income from segments | $ | 83,506 |  |  | $ | 76,623 |  |  | $ | 153,428 |  |  | $ | 149,245 |
Pre-Tax Income Reconciliation of Segments | The following is a reconciliation of the Company’s total operating income from its reportable segments to the Company’s income before income taxes and equity in earnings of affiliates (in thousands):
| Thirteen Weeks Ended |  | Twenty-six Weeks Ended
| July 1, 2012 |  | July 3, 2011 |  | July 1, 2012 |  | July 3, 2011
Total operating income from segments | $ | 83,506 |  |  | $ | 76,623 |  |  | $ | 153,428 |  |  | $ | 149,245 |
Unallocated amounts: |  |  |  |  |  |  |
General and Administrative Expenses | (27,043 | ) |  | (27,710 | ) |  | (54,484 | ) |  | (60,498 | )
Net interest expense | (18,856 | ) |  | (17,783 | ) |  | (37,856 | ) |  | (33,175 | )
Income before income taxes and equity in earnings of affiliates | $ | 37,607 |  |  | $ | 31,130 |  |  | $ | 61,088 |  |  | $ | 55,572 |
Equity in Earnings of Affiliates | As of July 1, 2012 and January 1, 2012 and for the thirteen and twenty-six weeks ended July 1, 2012 and July 3, 2011, SACS was considered to be a significant subsidiary and as such, summarized financial data is included below as follows (in thousands):
| Thirteen Weeks Ended |  | Twenty-six Weeks Ended
| July 1, 2012 |  | July 3, 2011 |  | July 1, 2012 |  | July 3, 2011
Statement of Operations Data |  |  |  |  |  |  |
Revenues | $ | 11,651 |  |  | $ | 12,830 |  |  | $ | 23,496 |  |  | $ | 25,001 |
Operating income | 4,706 |  |  | 5,369 |  |  | 9,474 |  |  | 10,129 |
Net income | 2,641 |  |  | 2,837 |  |  | 5,232 |  |  | 4,160 |
| July 1, 2012 |  | January 1, 2012
Balance Sheet Data |  |  |
Current assets | $22,774 |  | $21,068
Non-current assets | 37,317 |  | 39,110
Current liabilities | 3,331 |  | 3,645
Non-current liabilities | 40,473 |  | 45,237
Shareholders’ equity | 16,287 |  | 11,296

X
- Definition Tabular disclosure of investments in and advances to affiliates. Does not include the tabular disclosure of the disaggregation of investments in and advances to affiliates across legal entities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14) -URI http://asc.fasb.org/extlink&oid=6955306&loc=d3e611322-123010 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 14 -Article 12 + Details
Name: | us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration