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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated for the three months ended March 31, 2022 and 2021 as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

 

 

March 31,

2022

 

 

March 31,

2021

 

 

Net income

 

$

38,179

 

 

$

50,483

 

 

Net loss attributable to noncontrolling interests

 

 

40

 

 

 

61

 

 

Less: Undistributed income allocable to participating securities

 

 

(6,542

)

 

 

(1,420

)

 

Net income attributable to The GEO Group, Inc. available to common stockholders

 

 

31,677

 

 

 

49,124

 

 

Basic earnings per share attributable to The GEO Group,

   Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,714

 

 

 

120,022

 

 

Per share amount - basic

 

$

0.26

 

 

$

0.41

 

 

Diluted earnings per share attributable to The GEO Group,

   Inc. available to common stockholders:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

120,714

 

 

 

120,022

 

 

Dilutive effect of equity incentive plans

 

 

680

 

 

 

395

 

 

Weighted average shares assuming dilution

 

 

121,394

 

 

 

120,417

 

 

Per share amount - diluted

 

$

0.26

 

 

$

0.41