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Condensed Consolidating Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2013
Condensed Consolidating Financial Information Disclosure [Abstract] |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME | CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME
| For the Year Ended December 31, 2013
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues | $ | 494,631 |  |  | $ | 1,218,835 |  |  | $ | 219,871 |  |  | $ | (411,263 | ) |  | $ | 1,522,074 |
Operating expenses | 410,270 |  |  | 950,605 |  |  | 175,253 |  |  | (411,263 | ) |  | 1,124,865 |
Depreciation and amortization | 24,355 |  |  | 65,524 |  |  | 4,785 |  |  | — |  |  | 94,664 |
General and administrative expenses | 36,336 |  |  | 64,573 |  |  | 16,152 |  |  | — |  |  | 117,061 |
Operating income | 23,670 |  |  | 138,133 |  |  | 23,681 |  |  | — |  |  | 185,484 |
Interest income | 25,275 |  |  | 1,960 |  |  | 2,566 |  |  | (26,477 | ) |  | 3,324 |
Interest expense | (41,121 | ) |  | (59,518 | ) |  | (8,842 | ) |  | 26,477 |  |  | (83,004 | )
Loss on extinguishment of debt | (2,601 | ) |  | (18,056 | ) |  | — |  |  | — |  |  | (20,657 | )
Income before income taxes, equity in earnings of affiliates, and discontinued operations | 5,223 |  |  | 62,519 |  |  | 17,405 |  |  | — |  |  | 85,147 |
Provision (benefit) for Income Taxes | (34,835 | ) |  | 4,454 |  |  | 4,331 |  |  | — |  |  | (26,050 | )
Equity in earnings of affiliates, net of income tax provision | — |  |  | — |  |  | 6,265 |  |  | — |  |  | 6,265 |
Income from continuing operations before equity in income of consolidated subsidiaries | 40,058 |  |  | 58,065 |  |  | 19,339 |  |  | — |  |  | 117,462 |
Income from consolidated subsidiaries, net of income tax provision | 77,404 |  |  | — |  |  | — |  |  | (77,404 | ) |  | — |
Income from continuing operations | 117,462 |  |  | 58,065 |  |  | 19,339 |  |  | (77,404 | ) |  | 117,462 |
Net loss from discontinued operations | (2,265 | ) |  | — |  |  |  |  |  | — |  |  | (2,265 | )
Net income | 115,197 |  |  | 58,065 |  |  | 19,339 |  |  | (77,404 | ) |  | 115,197 |
Less: income attributable to noncontrolling interests | — |  |  | — |  |  | (62 | ) |  | $ | — |  |  | (62 | )
Net income attributable to The GEO Group, Inc. | $ | 115,197 |  |  | $ | 58,065 |  |  | $ | 19,277 |  |  | $ | (77,404 | ) |  | $ | 115,135 |
Net income | $ | 115,197 |  |  | $ | 58,065 |  |  | $ | 19,339 |  |  | $ | (77,404 | ) |  | $ | 115,197 |
Other comprehensive income (loss), net of tax | — |  |  | 914 |  |  | (8,113 | ) |  | — |  |  | (7,199 | )
Total comprehensive income | $ | 115,197 |  |  | $ | 58,979 |  |  | $ | 11,226 |  |  | $ | (77,404 | ) |  | $ | 107,998 |
Comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | 38 |  |  | — |  |  | 38 |
Comprehensive income attributable to The GEO Group, Inc. | $ | 115,197 |  |  | $ | 58,979 |  |  | $ | 11,264 |  |  | $ | (77,404 | ) |  | $ | 108,036 |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
| For the Fiscal Year Ended December 31, 2012
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues | $ | 605,091 |  |  | $ | 721,949 |  |  | $ | 230,261 |  |  | $ | (78,239 | ) |  | $ | 1,479,062 |
Operating expenses | 529,318 |  |  | 451,564 |  |  | 186,589 |  |  | (78,239 | ) |  | 1,089,232 |
Depreciation and amortization | 29,521 |  |  | 54,719 |  |  | 7,445 |  |  | — |  |  | 91,685 |
General and administrative expenses | 44,214 |  |  | 52,753 |  |  | 16,825 |  |  | — |  |  | 113,792 |
Operating income | 2,038 |  |  | 162,913 |  |  | 19,402 |  |  | — |  |  | 184,353 |
Interest income | 32,580 |  |  | 1,713 |  |  | 6,122 |  |  | (33,699 | ) |  | 6,716 |
Interest expense | (68,737 | ) |  | (33,204 | ) |  | (13,947 | ) |  | 33,699 |  |  | (82,189 | )
Loss on extinguishment of debt | — |  |  | (8,462 | ) |  | — |  |  | — |  |  | (8,462 | )
Income before income taxes, equity in earnings of affiliates, and discontinued operations | (34,119 | ) |  | 122,960 |  |  | 11,577 |  |  | — |  |  | 100,418 |
Provision (benefit) for income taxes | (11,303 | ) |  | (31,352 | ) |  | 2,093 |  |  | — |  |  | (40,562 | )
Equity in earnings of affiliates, net of income tax provision | — |  |  | — |  |  | 3,578 |  |  | — |  |  | 3,578 |
Income (loss) from continuing operations before equity in income of consolidated subsidiaries | (22,816 | ) |  | 154,312 |  |  | 13,062 |  |  | — |  |  | 144,558 |
Income from consolidated subsidiaries, net of income tax provision | 167,374 |  |  | — |  |  | — |  |  | (167,374 | ) |  | — |
Income from continuing operations | 144,558 |  |  | 154,312 |  |  | 13,062 |  |  | (167,374 | ) |  | 144,558 |
Net income (loss) from discontinued operations | (10,660 | ) |  | (5,942 | ) |  | 447 |  |  | 5,495 |  |  | (10,660 | )
Net income | 133,898 |  |  | 148,370 |  |  | 13,509 |  |  | (161,879 | ) |  | 133,898 |
Less: loss attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | 852 |  |  | $ | — |  |  | $ | 852 |
Net income attributable to The GEO Group, Inc. | $ | 133,898 |  |  | $ | 148,370 |  |  | $ | 14,361 |  |  | $ | (161,879 | ) |  | $ | 134,750 |
Net income | $ | 133,898 |  |  | $ | 148,370 |  |  | $ | 13,509 |  |  | $ | (161,879 | ) |  | $ | 133,898 |
Other comprehensive income (loss), net of tax | (461 | ) |  | — |  |  | 1,085 |  |  | — |  |  | 624 |
Total comprehensive income | $ | 133,437 |  |  | $ | 148,370 |  |  | $ | 14,594 |  |  | $ | (161,879 | ) |  | $ | 134,522 |
Comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | 968 |  |  | — |  |  | 968 |
Comprehensive income attributable to The GEO Group, Inc. | $ | 133,437 |  |  | $ | 148,370 |  |  | $ | 15,562 |  |  | $ | (161,879 | ) |  | $ | 135,490 |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
| For the Fiscal Year ended January 1, 2012
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues | $ | 556,163 |  |  | $ | 717,926 |  |  | $ | 220,352 |  |  | $ | (87,269 | ) |  | $ | 1,407,172 |
Operating expenses | 503,355 |  |  | 448,057 |  |  | 171,867 |  |  | (87,269 | ) |  | 1,036,010 |
Depreciation and amortization | 20,615 |  |  | 53,458 |  |  | 7,475 |  |  | — |  |  | 81,548 |
General and administrative expenses | 39,445 |  |  | 55,698 |  |  | 14,872 |  |  | — |  |  | 110,015 |
Operating income | (7,252 | ) |  | 160,713 |  |  | 26,138 |  |  | — |  |  | 179,599 |
Interest income | 29,087 |  |  | 2,608 |  |  | 6,462 |  |  | (31,125 | ) |  | 7,032 |
Interest expense | (61,447 | ) |  | (30,720 | ) |  | (14,336 | ) |  | 31,125 |  |  | (75,378 | )
Income (loss) before income taxes, equity in earnings of affiliates, and discontinued operations | (39,612 | ) |  | 132,601 |  |  | 18,264 |  |  | — |  |  | 111,253 |
Provision (benefit) for income taxes | (15,158 | ) |  | 51,518 |  |  | 6,812 |  |  | — |  |  | 43,172 |
Equity in earnings of affiliates, net of income tax provision | — |  |  | — |  |  | 1,563 |  |  | — |  |  | 1,563 |
Income (loss) from continuing operations before equity in income of consolidated subsidiaries | (24,454 | ) |  | 81,083 |  |  | 13,015 |  |  | — |  |  | 69,644 |
Income from consolidated subsidiaries, net of income tax provision | 94,098 |  |  | — |  |  | — |  |  | (94,098 | ) |  | — |
Income from continuing operations | 69,644 |  |  | 81,083 |  |  | 13,015 |  |  | (94,098 | ) |  | 69,644 |
Net income from discontinued operations | 7,819 |  |  | 6,329 |  |  | 473 |  |  | (6,802 | ) |  | 7,819 |
Net income | 77,463 |  |  | 87,412 |  |  | 13,488 |  |  | (100,900 | ) |  | 77,463 |
Less: loss attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | 1,162 |  |  | $ | — |  |  | $ | 1,162 |
Net income attributable to The GEO Group, Inc. | $ | 77,463 |  |  | $ | 87,412 |  |  | $ | 14,650 |  |  | $ | (100,900 | ) |  | $ | 78,625 |
Net income | $ | 77,463 |  |  | $ | 87,412 |  |  | $ | 13,488 |  |  | $ | (100,900 | ) |  | $ | 77,463 |
Other comprehensive loss, net of tax | (1,131 | ) |  | — |  |  | (7,122 | ) |  | — |  |  | (8,253 | )
Total comprehensive income | $ | 76,332 |  |  | $ | 87,412 |  |  | $ | 6,366 |  |  | $ | (100,900 | ) |  | $ | 69,210 |
Comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | 1,274 |  |  | — |  |  | 1,274 |
Comprehensive income attributable to The GEO Group, Inc. | $ | 76,332 |  |  | $ | 87,412 |  |  | $ | 7,640 |  |  | $ | (100,900 | ) |  | $ | 70,484 |
CONDENSED CONSOLIDATING BALANCE SHEET | CONDENSED CONSOLIDATING BALANCE SHEET
| As of December 31, 2013
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
| (Dollars in thousands)
ASSETS
Cash and cash equivalents | $ | 30,730 |  |  | $ | 985 |  |  | $ | 20,410 |  |  | $ | — |  |  | $ | 52,125 |
Restricted cash and investments | — |  |  | — |  |  | 11,518 |  |  | — |  |  | 11,518 |
Accounts receivable, less allowance for doubtful accounts | 84,087 |  |  | 149,239 |  |  | 17,204 |  |  | — |  |  | 250,530 |
Current deferred income tax assets, net | — |  |  | 19,236 |  |  | 1,700 |  |  | — |  |  | 20,936 |
Prepaid expenses and other current assets | 17,834 |  |  | 21,032 |  |  | 11,524 |  |  | (1,154 | ) |  | 49,236 |
Total current assets | 132,651 |  |  | 190,492 |  |  | 62,356 |  |  | (1,154 | ) |  | 384,345 |
Restricted Cash and Investments | 167 |  |  | 11,158 |  |  | 7,024 |  |  | — |  |  | 18,349 |
Property and Equipment, Net | 686,005 |  |  | 956,724 |  |  | 85,069 |  |  | — |  |  | 1,727,798 |
Direct Finance Lease Receivable | — |  |  | — |  |  | 16,944 |  |  | — |  |  | 16,944 |
Intercompany Receivable | 947,916 |  |  | 123,237 |  |  | — |  |  | (1,071,153 | ) |  | — |
Non-Current Deferred Income Tax Assets | — |  |  | — |  |  | 4,821 |  |  | — |  |  | 4,821 |
Goodwill | 34 |  |  | 489,501 |  |  | 661 |  |  | — |  |  | 490,196 |
Intangible Assets, Net | — |  |  | 162,160 |  |  | 1,240 |  |  | — |  |  | 163,400 |
Investment in Subsidiaries | 898,333 |  |  | 421,218 |  |  | — |  |  | (1,319,551 | ) |  | — |
Other Non-Current Assets | 23,346 |  |  | 104,241 |  |  | 35,615 |  |  | (79,691 | ) |  | 83,511 |
Total Assets | $ | 2,688,452 |  |  | $ | 2,458,731 |  |  | $ | 213,730 |  |  | $ | (2,471,549 | ) |  | $ | 2,889,364 |
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable | $ | 29,866 |  |  | $ | 13,895 |  |  | $ | 3,525 |  |  | $ | — |  |  | $ | 47,286 |
Accrued payroll and related taxes | 207 |  |  | 23,470 |  |  | 15,049 |  |  | — |  |  | 38,726 |
Accrued expenses | 26,963 |  |  | 74,645 |  |  | 14,496 |  |  | (1,154 | ) |  | 114,950 |
Current portion of capital lease obligations, long-term debt and non-recourse debt | 3,000 |  |  | 1,185 |  |  | 17,978 |  |  | — |  |  | 22,163 |
Total current liabilities | 60,036 |  |  | 113,195 |  |  | 51,048 |  |  | (1,154 | ) |  | 223,125 |
Non-Current Deferred Income Tax Liabilities | (120 | ) |  | 14,792 |  |  | 17 |  |  | — |  |  | 14,689 |
Intercompany Payable | 114,208 |  |  | 942,666 |  |  | 14,279 |  |  | (1,071,153 | ) |  | — |
Other Non-Current Liabilities | 5,270 |  |  | 138,743 |  |  | 639 |  |  | (79,691 | ) |  | 64,961 |
Capital Lease Obligations | — |  |  | 10,924 |  |  | — |  |  | — |  |  | 10,924 |
Long-Term Debt | 1,485,536 |  |  | — |  |  | — |  |  | — |  |  | 1,485,536 |
Non-Recourse Debt | — |  |  | — |  |  | 66,153 |  |  | — |  |  | 66,153 |
Commitments & Contingencies |  |  |  |  |  |  |  |  |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Total shareholders’ equity attributable to The GEO Group, Inc. | 1,023,522 |  |  | 1,238,411 |  |  | 81,140 |  |  | (1,319,551 | ) |  | 1,023,522 |
Noncontrolling Interests | — |  |  | — |  |  | 454 |  |  | — |  |  | 454 |
Total Shareholders’ Equity | 1,023,522 |  |  | 1,238,411 |  |  | 81,594 |  |  | (1,319,551 | ) |  | 1,023,976 |
Total Liabilities and Shareholders' Equity | $ | 2,688,452 |  |  | $ | 2,458,731 |  |  | $ | 213,730 |  |  | $ | (2,471,549 | ) |  | $ | 2,889,364 |
CONDENSED CONSOLIDATING BALANCE SHEET
| As of December 31, 2012
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
| (Dollars in thousands)
ASSETS
Cash and cash equivalents | $ | 4,764 |  |  | $ | 1,917 |  |  | $ | 25,074 |  |  | $ | — |  |  | $ | 31,755 |
Restricted cash and investments | — |  |  | — |  |  | 15,654 |  |  | — |  |  | 15,654 |
Accounts receivable, less allowance for doubtful accounts | 124,670 |  |  | 102,704 |  |  | 19,261 |  |  | — |  |  | 246,635 |
Current deferred income tax assets, net | 13,106 |  |  | 1,498 |  |  | 3,686 |  |  | — |  |  | 18,290 |
Prepaid expenses and other current assets | 8,657 |  |  | 5,890 |  |  | 11,456 |  |  | (1,154 | ) |  | 24,849 |
Total current assets | 151,197 |  |  | 112,009 |  |  | 75,131 |  |  | (1,154 | ) |  | 337,183 |
Restricted Cash and Investments | 7,953 |  |  | — |  |  | 24,803 |  |  | — |  |  | 32,756 |
Property and Equipment, Net | 633,458 |  |  | 939,995 |  |  | 113,706 |  |  | — |  |  | 1,687,159 |
Assets Held for Sale | — |  |  | 3,243 |  |  | — |  |  | — |  |  | 3,243 |
Direct Finance Lease Receivable | — |  |  | — |  |  | 26,757 |  |  | — |  |  | 26,757 |
Intercompany Receivable | 591,273 |  |  | 14,305 |  |  | — |  |  | (605,578 | ) |  | — |
Non-Current Deferred Income Tax Assets | 16,230 |  |  | — |  |  | 2,532 |  |  | (16,230 | ) |  | 2,532 |
Goodwill | 34 |  |  | 489,502 |  |  | 772 |  |  | — |  |  | 490,308 |
Intangible Assets, Net | — |  |  | 176,666 |  |  | 1,652 |  |  | — |  |  | 178,318 |
Investment in Subsidiaries | 1,151,998 |  |  | 41,356 |  |  | — |  |  | (1,193,354 | ) |  | — |
Other Non-Current Assets | 38,574 |  |  | 84,931 |  |  | 36,584 |  |  | (79,151 | ) |  | 80,938 |
Total Assets | $ | 2,590,717 |  |  | $ | 1,862,007 |  |  | $ | 281,937 |  |  | $ | (1,895,467 | ) |  | $ | 2,839,194 |
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable | $ | 29,889 |  |  | $ | 17,407 |  |  | $ | 2,814 |  |  | $ | — |  |  | $ | 50,110 |
Accrued payroll and related taxes | 4,774 |  |  | 16,264 |  |  | 18,284 |  |  | — |  |  | 39,322 |
Accrued expenses | 94,350 |  |  | 5,515 |  |  | 17,846 |  |  | (1,154 | ) |  | 116,557 |
Current portion of capital lease obligations, long-term debt and non-recourse debt | 33,925 |  |  | 1,311 |  |  | 18,646 |  |  | — |  |  | 53,882 |
Total current liabilities | 162,938 |  |  | 40,497 |  |  | 57,590 |  |  | (1,154 | ) |  | 259,871 |
Non-Current Deferred Income Tax Liabilities | — |  |  | 31,933 |  |  | — |  |  | (16,230 | ) |  | 15,703 |
Intercompany Payable | — |  |  | 586,428 |  |  | 19,150 |  |  | (605,578 | ) |  | — |
Other Non-Current Liabilities | 63,657 |  |  | 96,822 |  |  | 697 |  |  | (79,151 | ) |  | 82,025 |
Capital Lease Obligations | — |  |  | 11,926 |  |  | — |  |  | — |  |  | 11,926 |
Long-Term Debt | 1,317,310 |  |  | 219 |  |  | — |  |  | — |  |  | 1,317,529 |
Non-Recourse Debt | — |  |  | — |  |  | 104,836 |  |  | — |  |  | 104,836 |
Commitments & Contingencies |  |  |  |  |  |  |  |  |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Total shareholders’ equity attributable to The GEO Group, Inc. | 1,046,812 |  |  | 1,094,182 |  |  | 99,172 |  |  | (1,193,354 | ) |  | 1,046,812 |
Noncontrolling Interests | — |  |  | — |  |  | 492 |  |  | — |  |  | 492 |
Total Shareholders’ Equity | 1,046,812 |  |  | 1,094,182 |  |  | 99,664 |  |  | (1,193,354 | ) |  | 1,047,304 |
Total Liabilities and Shareholders' Equity | $ | 2,590,717 |  |  | $ | 1,862,007 |  |  | $ | 281,937 |  |  | $ | (1,895,467 | ) |  | $ | 2,839,194 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS | CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
| For the Year Ended December 31, 2013
| The GEO Group, Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Consolidated
Cash Flow from Operating Activities: |  |  |  |  |  |  |
Cash provided by operating activities - continuing operations | $ | 142,923 |  |  | $ | 34,067 |  |  | $ | 15,199 |  |  | $ | 192,189 |
Cash provided by operating activities - discontinued operations | — |  |  | — |  |  | — |  |  | — |
Net cash provided by operating activities | 142,923 |  |  | 34,067 |  |  | 15,199 |  |  | 192,189 |
Cash Flow from Investing Activities: |  |  |  |  |  |  |
Net working capital adjustment from RTS divestiture | (996 | ) |  | — |  |  | — |  |  | (996 | )
Proceeds from sale of property and equipment | — |  |  | 205 |  |  | — |  |  | 205 |
Proceeds from sale of assets held for sale | — |  |  | 1,969 |  |  | — |  |  | 1,969 |
Change in restricted cash and investments | (167 | ) |  | (3,205 | ) |  | 20,784 |  |  | 17,412 |
Capital expenditures | (79,150 | ) |  | (36,815 | ) |  | (1,601 | ) |  | (117,566 | )
Net cash provided by (used in) investing activities | (80,313 | ) |  | (37,846 | ) |  | 19,183 |  |  | (98,976 | )
Cash Flow from Financing Activities: |  |  |  |  |  |  |
Proceeds from long-term debt | 1,238,000 |  |  | — |  |  | — |  |  | 1,238,000 |
Tax benefit related to equity compensation | 2,197 |  |  | — |  |  | — |  |  | 2,197 |
Debt issuance costs - deferred | (23,834 | ) |  | — |  |  | — |  |  | (23,834 | )
Debt issuance fees | (13,421 | ) |  | — |  |  | — |  |  | (13,421 | )
Payments on long-term debt | (1,098,174 | ) |  | (1,127 | ) |  | (35,243 | ) |  | (1,134,544 | )
Proceeds from stock options exercised | 5,425 |  |  | — |  |  | — |  |  | 5,425 |
Cash dividends paid | (147,156 | ) |  | — |  |  | — |  |  | (147,156 | )
Proceeds from reissuance of treasury stock in connection with ESPP | 319 |  |  | — |  |  | — |  |  | 319 |
Termination of Interest rate swap agreements | — |  |  | 3,974 |  |  | — |  |  | 3,974 |
Net cash used in financing activities | (36,644 | ) |  | 2,847 |  |  | (35,243 | ) |  | (69,040 | )
Effect of Exchange Rate Changes on Cash and Cash Equivalents | — |  |  | — |  |  | (3,803 | ) |  | (3,803 | )
Net Increase (Decrease) in Cash and Cash Equivalents | 25,966 |  |  | (932 | ) |  | (4,664 | ) |  | 20,370 |
Cash and Cash Equivalents, beginning of period | 4,764 |  |  | 1,917 |  |  | 25,074 |  |  | 31,755 |
Cash and Cash Equivalents, end of period | $ | 30,730 |  |  | $ | 985 |  |  | $ | 20,410 |  |  | $ | 52,125 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
| For the Fiscal Year Ended December 31, 2012
| The GEO Group Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Consolidated
| (Dollars in thousands)
Cash Flow from Operating Activities: |  |  |  |  |  |  |
Cash provided by operating activities - continuing operations | $ | 105,402 |  |  | $ | 84,896 |  |  | $ | 64,889 |  |  | $ | 255,187 |
Cash (used in) provided by operating activities - discontinued operations | 5,810 |  |  | 3,864 |  |  | (621 | ) |  | 9,053 |
Net cash provided by operating activities | 111,212 |  |  | 88,760 |  |  | 64,268 |  |  | 264,240 |
Cash Flow from Investing Activities: |  |  |  |  |  |  |
Acquisition of ownership interests in MCF | — |  |  | (35,154 | ) |  | — |  |  | (35,154 | )
Proceeds from RTS divestiture | 29,653 |  |  | — |  |  | 3,600 |  |  | 33,253 |
Proceeds from sale of property and equipment | — |  |  | 65 |  |  | — |  |  | 65 |
Proceeds from sale of assets held for sale | — |  |  | 5,641 |  |  | — |  |  | 5,641 |
Change in restricted cash and investments | — |  |  | — |  |  | 51,189 |  |  | 51,189 |
Capital expenditures | (61,426 | ) |  | (42,406 | ) |  | (3,717 | ) |  | (107,549 | )
Cash (used in) provided by investing activities - continuing operations | (31,773 | ) |  | (71,854 | ) |  | 51,072 |  |  | (52,555 | )
Cash used in investing activities - discontinued operations | (634 | ) |  | (1,820 | ) |  | (307 | ) |  | (2,761 | )
Net cash (used in) provided by investing activities | (32,407 | ) |  | (73,674 | ) |  | 50,765 |  |  | (55,316 | )
Cash Flow from Financing Activities: |  |  |  |  |  |  |
Proceeds from long-term debt | 358,000 |  |  | — |  |  | — |  |  | 358,000 |
Tax benefit related to equity compensation | 621 |  |  | — |  |  | — |  |  | 621 |
Debt issuance fees | — |  |  | (14,861 | ) |  | — |  |  | (14,861 | )
Distribution to noncontrolling interests | — |  |  | — |  |  | (5,758 | ) |  | (5,758 | )
Payment for purchase of treasury shares | (8,666 | ) |  | — |  |  | — |  |  | (8,666 | )
Debt issuance costs - deferred | (1,360 | ) |  | — |  |  | (38 | ) |  | (1,398 | )
Payments on long-term debt | (343,987 | ) |  | (1,400 | ) |  | (111,098 | ) |  | (456,485 | )
Proceeds from stock options exercised | 9,276 |  |  | — |  |  | — |  |  | 9,276 |
Dividends paid | (102,435 | ) |  | — |  |  | — |  |  | (102,435 | )
Proceeds from reissuance of treasury stock in connection with ESPP | 460 |  |  | — |  |  | — |  |  | 460 |
Payment for retirement of treasury stock | (1,036 | ) |  | — |  |  | — |  |  | (1,036 | )
Net cash used in financing activities | (89,127 | ) |  | (16,261 | ) |  | (116,894 | ) |  | (222,282 | )
Effect of Exchange Rate Changes on Cash and Cash Equivalents | — |  |  | — |  |  | 1,735 |  |  | 1,735 |
Net Decrease in Cash and Cash Equivalents | (10,322 | ) |  | (1,175 | ) |  | (126 | ) |  | (11,623 | )
Cash and Cash Equivalents, beginning of period | 15,086 |  |  | 3,092 |  |  | 25,200 |  |  | 43,378 |
Cash and Cash Equivalents, end of period | $ | 4,764 |  |  | $ | 1,917 |  |  | $ | 25,074 |  |  | $ | 31,755 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
| For the Fiscal Year Ended January 1, 2012
| The GEO Group Inc. |  | Combined Subsidiary Guarantors |  | Combined Non-Guarantor Subsidiaries |  | Consolidated
| (Dollars in thousands)
Cash Flow from Operating Activities: |  |  |  |  |  |  |
Cash provided by operating activities - continuing operations | $ | 173,438 |  |  | $ | 18,834 |  |  | $ | (6,531 | ) |  | $ | 185,741 |
Cash provided by operating activities - discontinued operations | 3,475 |  |  | 7,026 |  |  | (7,130 | ) |  | 3,371 |
Net cash provided by operating activities | 176,913 |  |  | 25,860 |  |  | (13,661 | ) |  | 189,112 |
Cash Flow from Investing Activities: |  |  |  |  |  |  |
Acquisition of BI and Cornell, cash consideration, net of cash acquired | (409,607 | ) |  | — |  |  | — |  |  | (409,607 | )
Proceeds from sale of property and equipment | — |  |  | 1,450 |  |  | 33 |  |  | 1,483 |
Proceeds from sale of assets held for sale | — |  |  | 7,121 |  |  |  |  |  | 7,121 |
Change in restricted cash and investments | — |  |  | — |  |  | (9,503 | ) |  | (9,503 | )
Capital expenditures | (191,642 | ) |  | (28,266 | ) |  | (2,125 | ) |  | (222,033 | )
Cash used in investing activities - continuing operations | (601,249 | ) |  | (19,695 | ) |  | (11,595 | ) |  | (632,539 | )
Cash used in investing activities - discontinued operations | (696 | ) |  | (1,973 | ) |  | (333 | ) |  | (3,002 | )
Net cash (used in) provided by investing activities | (601,945 | ) |  | (21,668 | ) |  | (11,928 | ) |  | (635,541 | )
Cash Flow from Financing Activities: |  |  |  |  |  |  |
Proceeds from long-term debt | 782,247 |  |  | — |  |  | 53,148 |  |  | 835,395 |
Payments on long-term debt | (257,210 | ) |  | (1,275 | ) |  | (31,347 | ) |  | (289,832 | )
Income tax benefit of equity compensation | 465 |  |  | — |  |  | — |  |  | 465 |
Debt issuance costs - deferred | (15,462 | ) |  | — |  |  | — |  |  | (15,462 | )
Distribution to noncontrolling interests | — |  |  | — |  |  | (4,012 | ) |  | (4,012 | )
Payment for purchase of treasure shares | (74,982 | ) |  | — |  |  | — |  |  | (74,982 | )
Proceeds from stock options exercised | 2,446 |  |  | — |  |  | — |  |  | 2,446 |
Net cash provided by (used in) financing activities | 437,504 |  |  | (1,275 | ) |  | 17,789 |  |  | 454,018 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | — |  |  | — |  |  | (2,299 | ) |  | (2,299 | )
Net Increase (Decrease) in Cash and Cash Equivalents | 12,472 |  |  | 2,917 |  |  | (10,099 | ) |  | 5,290 |
Cash and Cash Equivalents, beginning of period | 2,614 |  |  | 175 |  |  | 35,299 |  |  | 38,088 |
Cash and Cash Equivalents, end of period | $ | 15,086 |  |  | $ | 3,092 |  |  | $ | 25,200 |  |  | $ | 43,378 |

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