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Earnings Per Share | 3 Months Ended
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Mar. 31, 2016
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE Basic earnings per common share is computed by dividing the net 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 were calculated for the three months ended March 31, 2016 and March 31, 2015 as follows (in thousands, except per share data):
| Three Months Ended |
| March 31, 2016 |  | March 31, 2015 |
Net income | $ | 32,326 |  |  | $ | 28,756 |  |
Net loss attributable to noncontrolling interests | 24 |  |  | 21 |  |
Net income attributable to The GEO Group, Inc. | 32,350 |  |  | 28,777 |  |
Basic earnings per share attributable to The GEO Group, Inc.: |  |  |  |
Weighted average shares outstanding | 73,875 |  |  | 73,549 |  |
Per share amount | $ | 0.44 |  |  | $ | 0.39 |  |
Diluted earnings per share attributable to The GEO Group, Inc.: |  |  |  |
Weighted average shares outstanding | 73,875 |  |  | 73,549 |  |
Dilutive effect of equity incentive plans | 325 |  |  | 335 |  |
Weighted average shares assuming dilution | 74,200 |  |  | 73,884 |  |
Per share amount | $ | 0.44 |  |  | $ | 0.39 |  |
Three Months For the three months ended March 31, 2016, 453,104 weighted average shares of common stock underlying options were excluded from the computation of diluted earnings per share ("EPS") because the effect would be anti-dilutive. There were 336,379 common stock equivalents from restricted shares that were anti-dilutive. For the three months ended March 31, 2015, 83,790 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. There were no common stock equivalents from restricted shares that were anti-dilutive.

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