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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) Per Share Basic and diluted earnings (loss) per share were calculated for the three and six months ended June 30, 2025 and 2024 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

June 30, 2025

 

 

June 30, 2024

 

Net income (loss)

 

$

29,074

 

 

$

(32,563

)

 

$

48,616

 

 

$

(9,904

)

Net loss attributable to noncontrolling interests

 

 

34

 

 

 

50

 

 

 

50

 

 

 

59

 

Net income (loss) attributable to The GEO Group, Inc.

 

 

29,108

 

 

 

(32,513

)

 

 

48,666

 

 

 

(9,845

)

Basic earnings (loss) per share attributable to The GEO Group, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

138,539

 

 

 

130,518

 

 

 

137,844

 

 

 

125,631

 

Per share amount

 

$

0.21

 

 

$

(0.25

)

 

$

0.35

 

 

$

(0.08

)

Diluted earnings (loss) per share attributable to The GEO Group, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

138,539

 

 

 

130,518

 

 

 

137,844

 

 

 

125,631

 

Dilutive effect of equity incentive plans

 

 

1,931

 

 

 

 

 

 

2,866

 

 

 

 

Weighted average shares assuming dilution

 

 

140,470

 

 

 

130,518

 

 

 

140,710

 

 

 

125,631

 

Per share amount

 

$

0.21

 

 

$

(0.25

)

 

$

0.35

 

 

$

(0.08

)