Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2021 and 2020 as follows (in thousands, except per share data):

	Three Months Ended					Six Months Ended
	June 30, 2021			June 30, 2020		June 30, 2021			June 30, 2020
Net income	$	41,931		$	36,654	$	92,416		$	61,775
Net loss attributable to noncontrolling interests		28			66		88			126
Less: Undistributed income allocable to participating securities		(7,197	)		-		(7,715	)		-
Net income attributable to The GEO Group, Inc. available to common stockholders		34,762			36,720		84,789			61,901
Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		120,426			119,810		120,225			119,602
Per share amount	$	0.29		$	0.31	$	0.71		$	0.52
Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		120,426			119,810		120,225			119,602
Dilutive effect of equity incentive plans		44			154		206			335
Weighted average shares assuming dilution		120,470			119,964		120,431			119,937
Per share amount	$	0.29		$	0.31	$	0.70		$	0.52