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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | Basic and diluted earnings per share were calculated for the three months ended March 31, 2023 and 2022 as follows (in thousands, except per share data):
|  | Three Months Ended |  |
|  | March 31, 2023 |  |  | March 31, 2022 |  |
Net income |  | $ | 27,994 |  |  | $ | 38,179 |  |
Net loss attributable to noncontrolling interests |  |  | 9 |  |  |  | 40 |  |
Less: Undistributed income allocable to participating securities |  |  | (4,770 | ) |  |  | (6,542 | ) |
Net income attributable to The GEO Group, Inc. available to common stockholders |  |  | 23,233 |  |  |  | 31,677 |  |
Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders: |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 121,432 |  |  |  | 120,714 |  |
Per share amount |  | $ | 0.19 |  |  | $ | 0.26 |  |
Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders: |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 121,432 |  |  |  | 120,714 |  |
Dilutive effect of equity incentive plans |  |  | 2,220 |  |  |  | 680 |  |
Dilutive effect of exchangeable notes |  |  | 1,487 |  |  |  | - |  |
Weighted average shares assuming dilution |  |  | 125,139 |  |  |  | 121,394 |  |
Per share amount |  | $ | 0.19 |  |  | $ | 0.26 |  |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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