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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flow from Operating Activities:    
Net income (loss) $ 48,616 $ (9,904)
Net loss attributable to noncontrolling interests 50 59
Net income (loss) attributable to The GEO Group, Inc. 48,666 (9,845)
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:    
Depreciation and amortization expense 64,868 62,678
Stock-based compensation 11,994 8,788
Loss on extinguishment of debt 595 82,378
Amortization of debt issuance costs, discount and/or premium and other non-cash interest 3,220 4,929
Equity in earnings of affiliates, net of tax (3,005) (839)
Dividends received from unconsolidated joint ventures 950 4,069
Realized/unrealized gain on investments (4,214) (3,279)
(Gain) loss on sale/disposal of property and equipment, net (1,374) 948
Loss on asset divestitures/impairment   2,907
Changes in assets and liabilities, net of effects of acquisitions:    
Changes in accounts receivable, prepaid expenses and other assets (4,515) (16,758)
Changes in accounts payable, accrued expenses and other liabilities (6,792) (21,456)
Net cash provided by operating activities 110,393 114,520
Cash Flow from Investing Activities:    
Purchases of marketable securities (16,876) (7,221)
Proceeds from sale of marketable securities 2,659 9,399
Capital expenditures (67,582) (39,174)
Net cash used in investing activities (81,799) (36,996)
Cash Flow from Financing Activities:    
Payments on long-term debt (24,687) (1,802,106)
Proceeds from issuance of long-term debt   1,720,500
Payments on revolver (30,000)  
Proceeds from revolver 35,000 40,000
Payments for call premiums   (34,258)
Taxes paid related to net share settlements of equity awards (22,177) (7,463)
Proceeds from issuance of common stock in connection with ESPP 86 79
Debt issuance costs   (30,621)
Proceeds from the exercise of stock options 4,169 667
Net cash used in financing activities (37,609) (113,202)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash and Cash Equivalents 3,772 (1,511)
Net Decrease in Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (5,243) (37,189)
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, beginning of period 125,864 159,867
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, end of period 120,621 122,678
Non-cash Investing and Financing activities:    
Right-of-use assets obtained from operating lease liabilities 3,677 3,479
Debt issuance costs in accrued expenses   4,115
Capital expenditures in accounts payable and accrued expenses $ 1,176 $ 719