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Shareholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2018
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 Distributions/(Distributions) in Excess of |  | Accumulated Other Comprehensive |  | Treasury shares |  | Noncontrolling |  | Total Shareholders'
| Shares |  | Amount |  | Capital |  | Earnings |  | Loss |  | Shares |  | Amount |  | Interests |  | Equity
Balance, January 1, 2018 | 124,008 |  |  | $ | 1,240 |  |  | $ | 1,190,906 |  |  | $ | 31,541 |  |  | $ | (24,446 | ) |  | — |  |  | $ | — |  |  | $ | (322 | ) |  | $ | 1,198,919 |
Proceeds from exercise of stock options | 77 |  |  | 1 |  |  | 1,371 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,372 |
Stock-based compensation expense | — |  |  | — |  |  | 10,787 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,787 |
Restricted stock granted | 896 |  |  | 9 |  |  | (9 | ) |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |
Restricted stock canceled | (28 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Dividends paid | — |  |  | — |  |  | — |  |  | (115,017 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (115,017 | )
Shares withheld for net settlements of share-based awards [1] | (171 | ) |  | (2 | ) |  | (4,389 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (4,391 | )
Issuance of common stock - ESPP | 12 |  |  | — |  |  | 264 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 264 |
Repurchases of common stock | (3,117 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,117 |  |  | (70,446 | ) |  | — |  |  | (70,446 | )
Net income (loss) | — |  |  | — |  |  | — |  |  | 72,408 |  |  | — |  |  | — |  |  | — |  |  | (163 | ) |  | 72,245 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (783 | ) |  | — |  |  | — |  |  | (13 | ) |  | (796 | )
Balance, June 30, 2018 | 121,677 |  |  | $ | 1,248 |  |  | $ | 1,198,930 |  |  | $ | (11,068 | ) |  | $ | (25,229 | ) |  | 3,117 |  |  | $ | (70,446 | ) |  | $ | (498 | ) |  | $ | 1,092,937 |
[1] During the six months ended June 30, 2018, the Company withheld shares through net share settlements to satisfy statutory tax withholding requirements upon vesting of shares of restricted stock held by employees.
Dividends declared | During the six months ended June 30, 2018 and the year ended December 31, 2017 GEO declared and paid the following regular cash distributions to its shareholders as follows:
Declaration Date |  | Record Date | Payment Date |  | Distribution Per Share |  | Aggregate Payment Amount (in millions)
February 6, 2017 |  | February 17, 2017 | February 27, 2017 |  | $0.47 |  | $52.5
April 25, 2017 |  | May 9, 2017 | May 19, 2017 |  | $0.47 |  | $58.4
July 10, 2017 |  | July 21, 2017 | July 28, 2017 |  | $0.47 |  | $58.3
October 12, 2017 |  | October 23, 2017 | October 30, 2017 |  | $0.47 |  | $58.3
February 5, 2018 |  | February 16, 2018 | February 27, 2018 |  | $0.47 |  | $58.3
April 11, 2018 |  | April 23, 2018 | May 3, 2018 |  | $0.47 |  | $57.4
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, 2018
|  | (In thousands)
|  | Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. (1) |  | Change in fair value of derivatives, net of tax |  | Pension adjustments, net of tax |  | Total
Balance, January 1, 2018 |  | $ | (7,470 | ) |  | $ | (11,892 | ) |  | $ | (5,084 | ) |  | $ | (24,446 | )
Current-period other comprehensive (loss) income |  | (4,527 | ) |  | 3,014 |  |  | 730 |  |  | (783 | )
Balance, June 30, 2018 |  | $ | (11,997 | ) |  | $ | (8,878 | ) |  | $ | (4,354 | ) |  | $ | (25,229 | )
(1) The foreign currency translation related to noncontrolling interests was not significant at June 30, 2018 or December 31, 2017.

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