Earnings Per Share

12 Months Ended

Dec. 31, 2015

Basic and diluted earnings per share (“EPS”) from continuing operations were calculated for the years ended December 31, 2015, 2014, and 2013 respectively, as follows:



Fiscal Year	2015		2014		2013
	(In thousands, except per share data)
Net Income from continuing operations	$	139,315	$	143,840	$	117,462
Loss (income) attributable to noncontrolling interests	123		90		(62		)
Net income attributable to The GEO Group, Inc.	$	139,438	$	143,930	$	117,400
Basic earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	73,696		72,270		71,116
Per share amount	$	1.89	$	1.99	$	1.65
Diluted earnings per share attributable to The GEO Group, Inc.:
Weighted average shares outstanding	73,696		72,270		71,116
Dilutive effect of equity incentive plans	299		277		489
Weighted average shares assuming dilution	73,995		72,547		71,605
Per share amount	$	1.88	$	1.98	$	1.64

For the fiscal year ended December 31, 2015, 240,462 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. 210,074 common stock equivalents from restricted shares were anti-dilutive and excluded from the computation of diluted EPS.

For the fiscal year ended December 31, 2014, 65,168 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No common stock equivalents from restricted shares were anti-dilutive.

For the fiscal year ended December 31, 2013, 60,011 weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No common stock equivalents from restricted shares were anti-dilutive.