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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2022 and 2021 as follows (in thousands, except per share data):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2022 |  |  | June 30, 2021 |  |  | June 30, 2022 |  |  | June 30, 2021 |
Net income |  | $ | 53,673 |  |  | $ | 41,931 |  |  | $ | 91,852 |  |  | $ | 92,416 |
Net loss attributable to noncontrolling interests |  |  | 54 |  |  |  | 28 |  |  |  | 94 |  |  |  | 88 |
Less: Undistributed income allocable to participating securities |  |  | (9,171 | ) |  |  | (7,197 | ) |  |  | (15,717 | ) |  |  | (7,715 | )
Net income attributable to The GEO Group, Inc. available to common stockholders |  |  | 44,556 |  |  |  | 34,762 |  |  |  | 76,229 |  |  |  | 84,789 |
Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 121,119 |  |  |  | 120,426 |  |  |  | 120,918 |  |  |  | 120,225 |
Per share amount |  | $ | 0.37 |  |  | $ | 0.29 |  |  | $ | 0.63 |  |  | $ | 0.71 |
Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 121,119 |  |  |  | 120,426 |  |  |  | 120,918 |  |  |  | 120,225 |
Dilutive effect of equity incentive plans |  |  | 762 |  |  |  | 44 |  |  |  | 732 |  |  |  | 206 |
Weighted average shares assuming dilution |  |  | 121,881 |  |  |  | 120,470 |  |  |  | 121,650 |  |  |  | 120,431 |
Per share amount |  | $ | 0.37 |  |  | $ | 0.29 |  |  | $ | 0.63 |  |  | $ | 0.70 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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