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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2020 and 2019 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

2020

 

 

September 30,

2019

 

 

September 30,

2020

 

 

September 30,

2019

 

Net income

 

$

39,172

 

 

$

45,885

 

 

$

100,947

 

 

$

128,370

 

Net loss attributable to noncontrolling interests

 

 

48

 

 

 

47

 

 

 

174

 

 

 

181

 

Net income attributable to The GEO Group, Inc.

 

 

39,220

 

 

 

45,932

 

 

 

101,121

 

 

 

128,551

 

Basic earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,826

 

 

 

119,209

 

 

 

119,677

 

 

 

119,052

 

Per share amount

 

$

0.33

 

 

$

0.39

 

 

$

0.84

 

 

$

1.08

 

Diluted earnings per share attributable to The GEO Group,

   Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

119,826

 

 

 

119,209

 

 

 

119,677

 

 

 

119,052

 

Dilutive effect of equity incentive plans

 

 

206

 

 

 

73

 

 

 

287

 

 

 

262

 

Weighted average shares assuming dilution

 

 

120,032

 

 

 

119,282

 

 

 

119,964

 

 

 

119,314

 

Per share amount

 

$

0.33

 

 

$

0.39

 

 

$

0.84

 

 

$

1.08