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Shareholders' Equity - Changes in Shareholders' Equity (Details) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance $ 1,308,621 $ 1,199,049 $ 1,290,314 $ 1,165,088
Proceeds from exercise of stock options 138 32 $ 667 81
Proceeds from exercise of stock options (shares)     147  
Stock-based compensation expense 3,132 3,357 $ 8,788 8,935
Restricted stock canceled   (2)    
Issuance of common shares [1] (1,613)   (1,613)  
Shares withheld for net settlements of share - based awards [2] (51)   (7,463) (3,445)
Reissuance of treasury shares / Sale of treasury share [3]       5,750
Issuance of common stock - ESPP 43 41 79 80
Net income (loss) (32,563) 29,525 (9,904) 57,519
Other comprehensive income (loss) 2,830 369 (331) (1,637)
Ending Balance 1,280,537 1,232,371 1,280,537 1,232,371
Common shares        
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance $ 1,307 $ 1,302 $ 1,303 $ 1,289
Beginning Balance (shares) 126,457 125,955 126,087 124,061
Proceeds from exercise of stock options $ 1   $ 1  
Proceeds from exercise of stock options (shares) 74 5 147 12
Restricted stock granted $ 6 $ 1 $ 16 $ 17
Restricted stock granted (shares) 625 117 1,554 1,758
Restricted stock canceled   $ (1)    
Restricted stock canceled (shares) (20) (9) (40) (26)
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]     $ (6) $ (4)
Shares withheld for net settlements of share-based awards (shares) [2] (3)   (618) (383)
Reissuance of treasury shares / Sale of treasury share (shares) 4,210 [1]   4,210 [1] 642 [3]
Issuance of common stock - ESPP   $ 1   $ 1
Issuance of common stock - ESPP (in shares) 3 7 6 11
Ending Balance $ 1,396 $ 1,303 $ 1,396 $ 1,303
Ending Balance (shares) 139,551 126,075 139,551 126,075
Additional Paid-In Capital        
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance $ 1,297,998 $ 1,289,399 $ 1,299,193 $ 1,291,363
Proceeds from exercise of stock options 137 32 666 81
Stock-based compensation expense 3,132 3,357 8,788 8,935
Restricted stock granted (6) (1) (16) (17)
Restricted stock canceled   (1)    
Issuance of common shares [1] (1,695)   (1,695)  
Shares withheld for net settlements of share - based awards [2] (51)   (7,457) (3,441)
Reissuance of treasury shares / Sale of treasury share [3]       (4,174)
Issuance of common stock - ESPP 43 40 79 79
Ending Balance 1,299,558 1,292,826 1,299,558 1,292,826
Retained Earnings (Accumulated Deficit)        
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance 125,757 23,767 103,089 (4,236)
Reissuance of treasury shares / Sale of treasury share [1] (95,175)   (95,175)  
Net income (loss) (32,513) 29,571 (9,845) 57,574
Ending Balance (1,931) 53,338 (1,931) 53,338
Accumulated Other Comprehensive Loss        
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance (19,815) (18,935) (16,642) (16,919)
Other comprehensive income (loss) 2,845 353 (328) (1,663)
Ending Balance (16,970) (18,582) (16,970) (18,582)
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) $ (105,099)
Beginning Balance (shares) 4,210 4,210 4,210 4,852
Reissuance of treasury shares / Sale of treasury share $ 95,175 [1]   $ 95,175 [1] $ 9,924 [3]
Reissuance of treasury shares / Sale of treasury share (shares) (4,210) [1]   (4,210) [1] (642) [3]
Ending Balance   $ (95,175)   $ (95,175)
Ending Balance (shares)   4,210   4,210
Noncontrolling Interests        
Changes in shareholders' equity that are attributable to the Company's shareholders and to non controlling interests        
Beginning Balance $ (1,451) $ (1,309) $ (1,454) $ (1,310)
Net income (loss) (50) (46) (59) (55)
Other comprehensive income (loss) (15) 16 (3) 26
Ending Balance $ (1,516) $ (1,339) $ (1,516) $ (1,339)
[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.

[3] The Company sold treasury shares to partially fund its obligation under its Amended and Restated Executive Retirement

Agreement with its Executive Chairman. Refer to Note 13 - Benefit Plans for further information.