XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2017
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. 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, 2017 and 2016 as follows (in thousands, except per share data):
| Three Months Ended
| March 31, 2017 |  | March 31, 2016
Net income | $ | 40,366 |  |  | $ | 32,326 |
Net loss attributable to noncontrolling interests | 37 |  |  | 24 |
Net income attributable to The GEO Group, Inc. | 40,403 |  |  | 32,350 |
Basic earnings per share attributable to The GEO Group, Inc.: |  |  |
Weighted average shares outstanding | 113,599 |  |  | 110,813 |
Per share amount | $ | 0.36 |  |  | $ | 0.29 |
Diluted earnings per share attributable to The GEO Group, Inc.: |  |  |
Weighted average shares outstanding | 113,599 |  |  | 110,813 |
Dilutive effect of equity incentive plans | 879 |  |  | 487 |
Weighted average shares assuming dilution | 114,478 |  |  | 111,300 |
Per share amount | $ | 0.35 |  |  | $ | 0.29 |
Outstanding share and per-share amounts disclosed for all periods presented have been retroactively adjusted to reflect the effects of the stock split. Three Months For the three months ended March 31, 2017, 449,396 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 214,752 common stock equivalents from restricted shares that were anti-dilutive. For the three months ended March 31, 2016, 679,656 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 504,569 common stock equivalents from restricted shares that were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: 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 3: 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=64863997&loc=d3e1252-109256 Reference 4: 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=65016374&loc=d3e4984-109258 Reference 5: 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=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration