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Shareholders' Equity - Changes in Shareholders' Equity (Details) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance $ 1,341,548 $ 1,308,621 $ 1,333,414 $ 1,290,314 $ 1,290,314
Proceeds from exercise of stock options 863 138 $ 4,169 667  
Proceeds from exercise of stock options (shares)     274    
Stock-based compensation expense 5,506 3,132 $ 11,994 8,788  
Issuance of common shares [1]   (1,613)   (1,613)  
Shares withheld for net settlements of share - based awards [2]   (51) (22,177) (7,463)  
Issuance of common stock - ESPP 47 43 86 79  
Net income (loss) 29,074 (32,563) 48,616 (9,904)  
Other comprehensive income (loss) 4,382 2,830 5,318 (331)  
Ending Balance 1,381,420 1,280,537 1,381,420 1,280,537 1,333,414
Common shares          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance $ 1,412 $ 1,307 $ 1,402 $ 1,303 $ 1,303
Beginning Balance (shares) 141,205 126,457 140,181 126,087 126,087
Proceeds from exercise of stock options $ 1 $ 1 $ 3 $ 1  
Proceeds from exercise of stock options (shares) 65 74 274 147  
Restricted stock granted   $ 6 $ 18 $ 16  
Restricted stock granted (shares)   625 1,827 1,554  
Restricted stock canceled     $ (1)    
Restricted stock canceled (shares) (27) (20) (134) (40)  
Issuance of common shares [1]   $ 82   $ 82  
Issuance of common shares (in shares) [1]   8,205   8,205  
Shares withheld for net settlements of share - based awards [2]     $ (9) $ (6)  
Shares withheld for net settlements of share-based awards (shares) [2]   (3) (906) (618)  
Reissuance of treasury shares (shares) [1]   4,210   4,210  
Issuance of common stock - ESPP (in shares) 2 3 3 6  
Ending Balance $ 1,413 $ 1,396 $ 1,413 $ 1,396 $ 1,402
Ending Balance (shares) 141,245 139,551 141,245 139,551 140,181
Additional Paid-In Capital          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance $ 1,302,902 $ 1,297,998 $ 1,315,256 $ 1,299,193 $ 1,299,193
Proceeds from exercise of stock options 862 137 4,166 666  
Stock-based compensation expense 5,506 3,132 11,994 8,788  
Restricted stock granted   (6) (18) (16)  
Restricted stock canceled     1    
Issuance of common shares [1]   (1,695)   (1,695)  
Shares withheld for net settlements of share - based awards [2]   (51) (22,168) (7,457)  
Issuance of common stock - ESPP 47 43 86 79  
Ending Balance 1,309,317 1,299,558 1,309,317 1,299,558 1,315,256
Retained Earnings (Accumulated Deficit)          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance 59,438 125,757 39,880 103,089 103,089
Reissuance of treasury shares [1]   (95,175)   (95,175)  
Net income (loss) 29,108 (32,513) 48,666 (9,845)  
Ending Balance 88,546 (1,931) 88,546 (1,931) 39,880
Accumulated Other Comprehensive Loss          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance (20,654) (19,815) (21,602) (16,642) (16,642)
Other comprehensive income (loss) 4,400 2,845 5,348 (328)  
Ending Balance (16,254) (16,970) (16,254) (16,970) (21,602)
Treasury shares          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance   $ (95,175)   $ (95,175) $ (95,175)
Beginning Balance (shares)   4,210   4,210 4,210
Reissuance of treasury shares [1]   $ 95,175   $ 95,175  
Reissuance of treasury shares (shares) [1]   (4,210)   (4,210)  
Ending Balance   $ 0   $ 0  
Ending Balance (shares)   0   0  
Noncontrolling Interests          
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests          
Beginning Balance (1,550) $ (1,451) (1,522) $ (1,454) $ (1,454)
Net income (loss) (34) (50) (50) (59)  
Other comprehensive income (loss) (18) (15) (30) (3)  
Ending Balance $ (1,602) $ (1,516) $ (1,602) $ (1,516) $ (1,522)
[1] During the second quarter of 2024, the Company retired $229.4 million in aggregate principal amount of its outstanding 6.50%

Exchangeable Senior Notes in private exchange transactions for an exchange value of approximately $410 million. The consideration

consisted of cash of $229.4 million and 12,414,455 shares of GEO common stock. Of the total amount of shares issued, the Company

issued 4,209,847 shares that were previously held in treasury. Refer to Note 10 - Debt for further information.

[2] The Company withheld shares through net settlements to satisfy statutory tax withholding requirements upon the vesting of shares

of restricted stock held by employees.