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Earnings Per Share From Continuing Operations | 6 Months Ended
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Jun. 30, 2013
Earnings Per Share [Abstract] |
Earnings Per Share From Continuing Operations | EARNINGS PER SHARE FROM CONTINUING OPERATIONS Basic earnings per share is computed by dividing the income from continuing operations attributable to The GEO Group, Inc. shareholders by the weighted average number of outstanding shares of common stock. The calculation of diluted earnings per share is similar to that of basic earnings per share except that the denominator includes dilutive common stock equivalents such as stock options and shares of restricted stock. Basic and diluted earnings per share (“EPS”) from continuing operations were calculated for the three and six months ended June 30, 2013 and July 1, 2012 as follows (in thousands, except per share data):
| Three Months Ended |  | Six Months Ended
| June 30, 2013 |  | July 1, 2012 |  | June 30, 2013 |  | July 1, 2012
Income from continuing operations | $ | 34,219 |  |  | $ | 20,854 |  |  | $ | 57,657 |  |  | $ | 34,610 |
Net (income) loss attributable to noncontrolling interests | (12 | ) |  | 25 |  |  | (30 | ) |  | (9 | )
Net income from continuing operations attributable to The GEO Group, Inc. | 34,207 |  |  | 20,879 |  |  | 57,627 |  |  | 34,601 |
Basic earnings per share attributable to The GEO Group, Inc.: |  |  |  |  |  |  |
Weighted average shares outstanding | 71,083 |  |  | 60,839 |  |  | 70,967 |  |  | 60,803 |
Per share amount from continuing operations | $ | 0.48 |  |  | $ | 0.34 |  |  | $ | 0.81 |  |  | $ | 0.57 |
Diluted earnings per share attributable to The GEO Group, Inc.: |  |  |  |  |  |  |
Weighted average shares outstanding | 71,083 |  |  | 60,839 |  |  | 70,967 |  |  | 60,803 |
Effect of dilutive securities: Stock options and restricted stock | 524 |  |  | 227 |  |  | 543 |  |  | 181 |
Weighted average shares assuming dilution | 71,607 |  |  | 61,066 |  |  | 71,510 |  |  | 60,984 |
Per share amount from continuing operations | $ | 0.48 |  |  | $ | 0.34 |  |  | $ | 0.81 |  |  | $ | 0.57 |
Three Months For the three months ended June 30, 2013 no shares of common stock underlying options or shares of restricted stock were anti-dilutive. For the three months ended July 1, 2012 57,937 weighted average shares of common stock underlying options and 1,642 shares of restricted stock were excluded from the computation of diluted EPS because the effect would be anti-dilutive. Six Months For the six months ended June 30, 2013 no shares of common stock underlying options or shares of restricted stock were anti-dilutive. For the six months ended July 1, 2012 112,428 weighted average shares of common stock underlying options and 1,584 shares of restricted stock were excluded from the computation of diluted EPS because the effect would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 + Details
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