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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Data [Abstract] |
Company's Quarterly Financial Data | The Company’s selected quarterly financial data is as follows (in thousands, except per share data attributable to GEO):
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter [1] |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 605,017 |  |  | $ | 587,829 |  |  | $ | 579,136 |  |  | $ | 578,116 |
Operating income |  |  | 56,586 |  |  |  | 63,513 |  |  |  | 64,462 |  |  |  | 38,013 |
Net Income |  |  | 25,121 |  |  |  | 36,654 |  |  |  | 39,172 |  |  |  | 11,884 |
Net Income Attributable to The GEO Group, Inc. |  |  | 25,181 |  |  |  | 36,720 |  |  |  | 39,220 |  |  |  | 11,911 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income per share |  | $ | 0.21 |  |  | $ | 0.31 |  |  | $ | 0.33 |  |  | $ | 0.09 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income per share * |  | $ | 0.21 |  |  | $ | 0.31 |  |  | $ | 0.33 |  |  | $ | 0.09 |
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 610,667 |  |  | $ | 613,966 |  |  | $ | 631,579 |  |  | $ | 621,710 |
Operating income |  |  | 74,777 |  |  |  | 81,175 |  |  |  | 78,159 |  |  |  | 66,302 |
Net Income |  |  | 40,649 |  |  |  | 41,836 |  |  |  | 45,885 |  |  |  | 38,042 |
Net Income Attributable to The GEO Group, Inc. |  |  | 40,705 |  |  |  | 41,914 |  |  |  | 45,932 |  |  |  | 38,052 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income per share |  | $ | 0.34 |  |  | $ | 0.35 |  |  | $ | 0.39 |  |  | $ | 0.32 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income per share * |  | $ | 0.34 |  |  | $ | 0.35 |  |  | $ | 0.39 |  |  | $ | 0.32 |
[1] Decrease primarily due to goodwill impairment charges taken in the fourth quarter of 2020. Refer to Note 1 – Summary of Business Organization, Operations and Significant Accounting Policies – Goodwill and Other Intangible Assets. * Earnings per share table may contain slight summation differences due to rounding.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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