| Basic and Diluted Earnings Per Share |
Basic and diluted earnings per share were calculated for the three and nine months ended September 30, 2026 and 2025 as follows (in thousands, except per share data):
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Three Months Ended |
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Nine Months Ended |
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September 30, 2026 |
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September 30, 2025 |
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September 30, 2026 |
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September 30, 2025 |
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Net income |
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$ |
49,203 |
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$ |
173,922 |
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|
$ |
134,969 |
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$ |
222,538 |
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Net loss attributable to noncontrolling interests |
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|
11 |
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|
18 |
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|
82 |
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|
|
68 |
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Net income attributable to The GEO Group, Inc. |
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|
49,214 |
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|
|
173,940 |
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|
|
135,051 |
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|
|
222,606 |
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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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|
129,969 |
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|
|
138,283 |
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|
|
131,052 |
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|
|
137,992 |
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Per share amount |
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$ |
0.38 |
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$ |
1.26 |
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$ |
1.03 |
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$ |
1.61 |
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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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|
129,969 |
|
|
|
138,283 |
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|
|
131,052 |
|
|
|
137,992 |
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Dilutive effect of equity incentive plans |
|
|
2,033 |
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|
|
1,709 |
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|
|
1,639 |
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|
|
2,517 |
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Weighted average shares assuming dilution |
|
|
132,002 |
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|
|
139,992 |
|
|
|
132,691 |
|
|
|
140,509 |
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Per share amount |
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$ |
0.37 |
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$ |
1.24 |
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$ |
1.02 |
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$ |
1.58 |
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