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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Summary Of Components of Income Tax Expense (Benefit)

Income tax expense is comprised of the following components (in thousands):

		For the Years Ended December 31,
		2025				2024				2023
Current income tax expense
Federal		$	25,031			$	26,621			$	25,037
State			6,485				4,182				5,899
			31,516				30,803				30,936
Deferred income tax expense (benefit)
Federal			8,933				(7,100	)			(2,156	)
State			224				(608	)			(547	)
			9,157				(7,708	)			(2,703	)
Income tax expense		$	40,673			$	23,095			$	28,233

Summary Of Components of Deferred Tax Assets and Liabilities

Significant components of CoreCivic's deferred tax assets and liabilities as of December 31, 2025 and 2024, are as follows (in thousands):

		December 31,
		2025				2024
Noncurrent deferred tax assets:
Asset reserves and liabilities not yet deductible for tax		$	14,243			$	22,458
Accrued compensation not yet deductible for tax			16,713				14,252
Accrued workers compensation liabilities not       yet deductible for tax			13,280				11,126
Depreciation			8,443				8,296
ROU lease assets			34,785				5,887
Losses and tax credit carryforwards			1,092				1,367
Intangible assets			6,829				6,882
Other			5,949				7,522
Total noncurrent deferred tax assets			101,334				77,790
Less valuation allowance			(1,066	)			(1,066	)
Total noncurrent deferred tax assets			100,268				76,724
Noncurrent deferred tax liabilities:
Depreciation			(153,958	)			(150,481	)
Lease liabilities			(33,089	)			(5,290	)
Intangible liabilities			(6,944	)			(7,411	)
Other			(4,641	)			(2,749	)
Total noncurrent deferred tax liabilities			(198,632	)			(165,931	)
Net total noncurrent deferred tax liabilities		$	(98,364	)		$	(89,207	)

Summary Of Reconciliation of Income Tax Provision at Statutory Income Tax Rate and Effective Tax Rate

A reconciliation in both percentages and U.S. dollars of the income tax provision at the statutory income tax rate and the effective tax rate as a percentage of income from continuing operations before income taxes for the years ended December 31, 2025, 2024, and 2023 is as follows (amounts in thousands):

		For the Years Ended December 31,
		2025							2024							2023
US federal statutory tax rate		$	33,007			21.0	%		$	19,312			21.0	%		$	20,123			21.0	%
State and local income taxes,    net of federal tax benefit*			4,469			2.8				2,711			2.9				3,070			3.2
Changes in valuation allowance			—			—				218			0.2				—			—
Nontaxable or nondeductible items:
Disallowed executive       compensation			4,662			3.0				3,418			3.7				2,304			2.4
Disallowed meals and       entertainment			937			0.6				827			0.9				1,227			1.3
Other nondeductible items			984			0.6				1,198			1.3				599			0.6
Changes in unrecognized tax     benefits			—			—				(494	)		(0.5	)			59			0.1
Other adjustments:
Income tax benefit of equity        compensation			(2,538	)		(1.6	)			(2,288	)		(2.5	)			(289	)		(0.3	)
Revaluation of deferred tax items			—			—				—			—				931			1.0
Prior year return to provision			141			0.1				(942	)		(1.0	)			1,095			1.1
Other items, net			(989	)		(0.6	)			(865	)		(0.9	)			(886	)		(0.9	)
		$	40,673			25.9	%		$	23,095			25.1	%		$	28,233			29.5	%

*State taxes in Arizona and Texas made up the majority (greater than 50%) of the tax effect in this category for the years ended December 31, 2025, 2024 and 2023.

		For the Years Ended December 31,
		2025				2024				2023
Pretax income from continuing operations		$	157,176			$	91,963			$	95,823
Federal statutory income tax rate			21.0	%			21.0	%			21.0	%
Expected income tax expense			33,007				19,312				20,123
5% disaggregation threshold			5.0	%			5.0	%			5.0	%
Reconciling item threshold		$	1,650			$	966			$	1,006

Summary Of Annual Income Taxes Paid,

Annual income taxes paid, net of refunds received and disaggregated by jurisdiction, for the years ended December 31, 2025, 2024, and 2023 are as follows (in thousands):

		For the Years Ended December 31,
		2025				2024				2023
Federal		$	31,666			$	31,420			$	20,770
State
State of Arizona			1,325				1,984				1,184
State of Texas			1,398				1,382				1,500
All other states (individually     less than 5% of total)			2,633				2,322				2,434
Total income taxes paid		$	37,022			$	37,108			$	25,888

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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