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Business Segments and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Operating and Reporting Segments

The Company's segment revenues from external customers and a measure of segment profit are as follows (in thousands):

		Three Months Ended								Six Months Ended
		June 30, 2021				June 30, 2020				June 30, 2021				June 30, 2020
Revenues:
U.S. Secure Services		$	368,394			$	389,718			$	755,405			$	787,827
GEO Care			141,905				138,240				277,387				282,703
International Services			54,921				53,254				108,405				110,104
Facility Construction & Design [1]			199				6,617				599				12,212
Total revenues		$	565,419			$	587,829			$	1,141,796			$	1,192,846
Operating income from segments:
U.S. Secure Services		$	78,902			$	75,219			$	147,416			$	148,804
GEO Care			42,398				29,850				80,807				60,549
International Services			5,719				5,266				12,892				10,916
Facility Construction & Design [1]			85				25				98				35
Operating income from segments		$	127,104			$	110,360			$	241,213			$	220,304
General and Administrative Expenses			(54,688	)			(45,543	)		$	(103,167	)			(99,325	)
Total Operating Income		$	72,416			$	64,817			$	138,046			$	120,979

[1] Facility Construction & Design revenues relate to an expansion project at the Company's managed-only Fulham Correctional Centre in Australia which has been substantially completed.

Schedule of Pre-Tax Income Reconciliation of Segments

The following is a reconciliation of the Company’s total operating income from its reportable segments to the Company’s income before income taxes and equity in earnings of affiliates (in thousands):

		Three Months Ended								Six Months Ended
		June 30, 2021				June 30, 2020				June 30, 2021				June 30, 2020
Operating income from segments		$	127,104			$	110,360			$	241,213			$	220,304
Unallocated amounts:
General and administrative expenses			(54,688	)			(45,543	)			(103,167	)			(99,325	)
Net interest expense			(26,068	)			(25,362	)			(51,710	)			(54,104	)
Gain on extinguishment of debt			1,654				-				4,693				1,563
(Loss) gain on disposition of real estate			(2,950	)			(1,304	)			10,379				(880	)
Income before income taxes and equity in earnings of    affiliates		$	45,052			$	38,151			$	101,408			$	67,558

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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