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Shareholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2014
Equity [Abstract] |
Changes in shareholders' equity that are attributable to the Company's shareholders and to noncontrolling interests | The following table presents the changes in shareholders’ equity that are attributable to the Company’s shareholders and to noncontrolling interests (in thousands):
| Common shares |  | Additional Paid-In |  | Earnings in Excess of |  | Accumulated Other Comprehensive |  | Treasury shares |  | Noncontrolling |  | Total Shareholders'
| Shares |  | Amount |  | Capital |  | Distributions |  | Income (Loss) |  | Shares |  | Amount |  | Interests |  | Equity
Balance, December 31, 2013 | 72,082 |  |  | $ | 866 |  |  | $ | 848,018 |  |  | $ | 232,646 |  |  | $ | (4,429 | ) |  | 14,581 |  |  | $ | (53,579 | ) |  | $ | 454 |  |  | $ | 1,023,976 |
Proceeds from exercise of stock options | 293 |  |  | 3 |  |  | 5,528 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,531 |
Tax benefit related to equity compensation | — |  |  | — |  |  | 1,351 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,351 |
Stock-based compensation expense | — |  |  | — |  |  | 4,533 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,533 |
Restricted stock granted | 308 |  |  | 3 |  |  | (3 | ) |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |
Dividends paid | — |  |  | — |  |  | — |  |  | (82,656 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (82,656 | )
Shares withheld for net settlements of share-based awards | (43 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | 43 |  |  | (1,416 | ) |  | — |  |  | (1,416 | )
Re-issuance of treasury shares (ESPP) | 6 |  |  | — |  |  | 161 |  |  |  |  | — |  |  | (6 | ) |  | 23 |  |  | — |  |  | 184 |
Retirement of treasury shares | — |  |  | (146 | ) |  | (54,826 | ) |  |  |  | — |  |  | (14,618 | ) |  | 54,972 |  |  | — |  |  | — |
Net income | — |  |  | — |  |  | — |  |  | 66,888 |  |  | — |  |  | — |  |  | — |  |  | 6 |  |  | 66,894 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | 1,687 |  |  | — |  |  | — |  |  | (4 | ) |  | 1,683 |
Balance, June 30, 2014 | 72,633 |  |  | $ | 726 |  |  | $ | 804,762 |  |  | $ | 216,878 |  |  | $ | (2,742 | ) |  | — |  |  | $ | — |  |  | $ | 456 |  |  | $ | 1,020,080 |
Dividends Declared | During the six months ended June 30, 2014 and the year ended December 31, 2013, respectively, GEO declared and paid the following regular cash distributions to its shareholders as follows:
Declaration Date |  | Payment Due |  | Record Date |  | Distribution Per Share |  | Aggregate Payment Amount (in millions)
January 17, 2013 |  | March 1, 2013 |  | February 15, 2013 |  | $0.50 |  | $35.7
May 7, 2013 |  | June 3, 2013 |  | May 20, 2013 |  | $0.50 |  | $35.8
July 30, 2013 |  | August 29, 2013 |  | August 19, 2013 |  | $0.50 |  | $36.1
November 1, 2013 |  | November 26, 2013 |  | November 14, 2013 |  | $0.55 |  | $39.6
February 18, 2014 |  | March 14, 2014 |  | March 3, 2014 |  | $0.57 |  | $41.1
April 28, 2014 |  | May 27, 2014 |  | May 15, 2014 |  | $0.57 |  | $41.5
Schedule of accumulated other comprehensive income (loss) | The components of accumulated other comprehensive income (loss) attributable to GEO within shareholders' equity are as follows:
|  | Six Months Ended June 30, 2014
|  | (In thousands)
|  | Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. [1] |  | Unrealized (loss)/gain on derivatives, net of tax |  | Pension adjustments, net of tax |  | Total
Balance, December 31, 2013 |  | $ | (2,441 | ) |  | $ | (274 | ) |  | $ | (1,714 | ) |  | $ | (4,429 | )
Current-period other comprehensive (loss) income |  | 1,628 |  |  | 20 |  |  | 39 |  |  | 1,687 |
Balance, June 30, 2014 |  | $ | (813 | ) |  | $ | (254 | ) |  | $ | (1,675 | ) |  | $ | (2,742 | )
[1] The foreign currency translation related to noncontrolling interests was not significant at June 30, 2014 or December 31, 2013.

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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