| Basic and Diluted Earnings Per Share |
Basic and diluted earnings per share were calculated for the three and six months ended June 30, 2026 and 2025 as follows (in thousands, except per share data):
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Three Months Ended |
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Six Months Ended |
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June 30, 2026 |
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June 30, 2025 |
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June 30, 2026 |
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June 30, 2025 |
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Net income |
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$ |
47,460 |
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$ |
29,074 |
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$ |
85,766 |
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$ |
48,616 |
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Net loss attributable to noncontrolling interests |
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|
43 |
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|
34 |
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|
71 |
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|
50 |
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Net income attributable to The GEO Group, Inc. |
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|
47,503 |
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|
29,108 |
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|
85,837 |
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|
48,666 |
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Basic earnings per share attributable to The GEO Group, Inc. |
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Weighted average shares outstanding |
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130,603 |
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|
|
138,539 |
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|
|
131,602 |
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|
|
137,844 |
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Per share amount |
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$ |
0.36 |
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$ |
0.21 |
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$ |
0.65 |
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$ |
0.35 |
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Diluted earnings per share attributable to The GEO Group, Inc. |
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Weighted average shares outstanding |
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|
130,603 |
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|
|
138,539 |
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|
|
131,602 |
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|
|
137,844 |
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Dilutive effect of equity incentive plans |
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|
1,421 |
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|
|
1,931 |
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|
|
1,423 |
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|
|
2,866 |
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Weighted average shares assuming dilution |
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|
132,024 |
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|
|
140,470 |
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|
|
133,025 |
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|
|
140,710 |
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Per share amount |
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$ |
0.36 |
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$ |
0.21 |
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$ |
0.65 |
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$ |
0.35 |
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