EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

EARNINGS PER SHARE

6.EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For CoreCivic, diluted earnings per share is computed by dividing net income by the weighted average number of common shares after considering the additional dilution related to restricted stock-based awards.

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
NUMERATOR
Basic:
Net income	$	38,543	$	18,954	$	63,656	$	28,497
Diluted:
Net income	$	38,543	$	18,954	$	63,656	$	28,497
DENOMINATOR
Basic:
Weighted average common shares outstanding		108,627		110,954		109,056		111,630
Diluted:
Weighted average common shares outstanding		108,627		110,954		109,056		111,630
Effect of dilutive securities:
Restricted stock-based awards		542		578		756		879
Weighted average shares and assumed conversions		109,169		111,532		109,812		112,509
BASIC EARNINGS PER SHARE	$	0.35	$	0.17	$	0.58	$	0.26
DILUTED EARNINGS PER SHARE	$	0.35	$	0.17	$	0.58	$	0.25