Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the years ended December 31, 2022, 2021 and 2020 as follows (in thousands, except per share data):

Fiscal Year	2022			2021			2020
	(In thousands, except per share data)
Net Income	$	171,692		$	77,233		$	112,831
Loss attributable to noncontrolling interests		121			185			201
Less: Undistributed income allocable to participating securities		(29,346	)		(6,982	)		—
Net income attributable to The GEO Group, Inc. available to common stockholders	$	142,467		$	70,436		$	113,032
Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		121,040			120,384			119,719
Per share amount - basic	$	1.18		$	0.59		$	0.94
Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		121,040			120,384			119,719
Dilutive effect of equity incentive plans		1,241			348			272
Weighted average shares assuming dilution		122,281			120,732			119,991
Per share amount - diluted	$	1.17		$	0.58		$	0.94