The geo group, inc. (GEO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash Flow from Operating Activities:
Net income

150,884

166,412

161,723

155,067

150,556

144,827

147,737

146,961

140,578

146,024

159,103

164,324

156,538

148,498

143,176

137,787

142,885

139,315

133,276

133,956

144,600

143,840

133,490

124,434

119,755

115,197

169,202

154,020

142,277

133,898

70,889

77,455

76,142

77,463

81,883

65,600

61,462

62,790

0

0

0

Net loss attributable to noncontrolling interests

-195

-191

-220

-233

-251

-262

-317

-293

-247

-217

-217

-227

-230

-217

-167

-142

-126

-123

-149

-154

-117

-90

0

38

50

62

71

-831

-868

-852

-993

-328

-718

-1,162

-1,501

-1,547

-1,124

-678

0

0

0

Net income attributable to The GEO Group, Inc.

151,079

166,603

161,943

155,300

150,807

145,089

148,054

147,254

140,825

146,241

159,320

164,551

156,768

148,715

143,343

137,929

143,011

139,438

133,425

134,110

144,717

143,930

133,490

124,396

119,705

115,135

169,131

154,851

143,145

134,750

71,882

77,783

76,860

78,625

83,384

67,147

62,586

63,468

0

0

0

Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:
Depreciation and amortization expense

131,683

130,825

129,138

128,016

126,977

126,434

126,369

126,721

127,274

124,297

121,494

118,628

115,414

114,916

114,014

112,358

110,267

106,756

102,830

99,782

96,969

96,171

96,153

95,962

95,871

94,664

94,020

93,076

92,381

91,685

88,197

87,103

84,985

81,548

73,765

65,299

53,929

44,365

0

0

0

Stock-based compensation

25,385

22,344

22,617

23,442

22,949

22,049

21,343

20,638

20,708

19,844

17,950

16,277

14,495

12,773

12,782

12,620

12,329

11,709

11,248

9,954

9,064

8,909

8,384

9,077

8,670

7,889

7,299

8,455

6,756

6,543

8,924

5,733

6,262

6,113

5,836

5,754

5,586

4,639

0

0

0

Gain on extinguishment of debt

-3,232

-4,795

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Amortization of debt issuance costs, discount and/or premium and other non-cash interest

7,716

8,609

9,857

9,887

9,281

8,856

10,478

12,856

14,872

16,540

15,713

14,770

13,561

12,121

10,307

8,774

7,634

6,963

6,397

6,149

5,803

5,332

5,228

5,300

5,603

5,916

6,132

5,510

4,711

3,864

2,938

2,474

2,209

1,745

1,335

1,307

2,163

3,209

0

0

0

Restricted stock expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Provision for doubtful accounts

84

190

143

557

759

823

1,665

1,754

2,273

2,456

2,496

2,739

3,060

2,682

2,224

1,611

441

764

1,308

642

773

985

815

1,644

1,671

1,136

603

401

357

760

1,028

1,303

1,781

1,785

1,910

1,723

1,222

815

0

0

0

Equity in earnings of affiliates, net of tax

9,196

9,532

9,201

9,708

10,228

9,627

14,861

13,468

12,553

12,045

6,237

6,588

7,293

6,925

6,527

6,173

5,167

5,533

5,570

5,775

5,824

5,823

6,695

6,677

6,532

6,265

5,698

4,646

4,047

3,578

863

661

1,649

1,563

3,702

4,580

4,290

4,218

0

0

0

Dividends received from unconsolidated joint venture

7,857

10,312

8,830

10,977

14,198

11,846

9,790

7,730

4,509

6,132

5,052

3,970

3,970

1,611

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,911

1,493

1,493

1,493

0

0

0

0

Income tax deficiency (benefit) related to equity compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,626

-687

-33

22

1,409

1,789

1,335

2,046

2,035

1,812

2,240

1,628

2,197

2,263

2,199

2,090

621

170

-197

-49

465

3,676

4,303

3,986

3,926

0

0

0

Loss on sale/disposal of property and equipment, net

-5,183

-5,576

-4,320

-7,209

-5,283

-4,236

-2,978

1,390

-1,060

-1,520

-1,824

-2,131

-830

-394

-1,233

-451

247

466

898

678

290

-490

-744

-779

-1,069

-959

-5,928

-6,007

-6,121

-6,319

-1,412

-1,421

-749

-558

0

0

0

-

-

0

0

Loss on assets held for sale

0

-1,083

-1,083

-1,083

-1,083

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities, net of effects of acquisitions:
Changes in accounts receivable, prepaid expenses and other assets

-17,292

8,391

6,032

47,073

46,099

66,101

-1,379

3,560

23,246

-20,938

11,389

20,657

-23,326

50,946

60,196

29,219

64,846

29,311

1,494

-37,785

-44,008

-23,809

-11,254

36,801

27,863

27,239

33,443

-30,905

-11,749

-44,737

-15,898

12,931

22,885

20,128

-11,421

22,180

4,087

11,764

0

0

0

Changes in contract receivable

4,595

4,355

-8,275

-6,021

6,901

2,049

-199,612

-157,602

-115,911

-40,515

238,510

278,295

302,704

280,562

244,738

191,759

136,274

114,086

93,041

119,889

98,057

73,289

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in accounts payable, accrued expenses and other liabilities

32,259

10,672

40,434

19,181

34,461

31,689

23,741

41,632

-1,025

2,366

-20,897

-27,983

5,224

5,645

23,190

32,700

-8,661

21,912

4,079

-5,111

9,977

9,022

-5,565

18,110

1,110

-9,970

4,816

6,781

31,711

27,410

9,176

-187

-13,257

-16,756

-6,568

-6,056

-10,501

3,238

0

0

0

Cash provided by operating activities - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

255,187

0

0

0

-

-

-

-

-

-

-

-

Cash (used in) provided by operating activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,053

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

367,391

338,143

377,210

311,289

303,800

274,475

543,360

510,581

402,846

381,042

41,635

-15,566

37,381

-28,028

19,235

100,611

63,885

142,157

149,080

150,195

200,134

202,541

198,994

223,019

209,904

192,189

194,497

238,588

241,197

264,240

252,551

220,816

188,515

189,112

190,410

139,814

134,233

129,890

0

0

0

Cash Flow from Investing Activities:
Acquisition of CEC, cash consideration, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

307,404

307,403

307,403

307,403

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Insurance proceeds - damaged property

16,807

19,310

12,829

8,163

-563

1,438

8,666

6,790

7,258

2,754

0

0

0

-

-

-

-

1,270

1,270

901

700

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of CEC, cash consideration, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,025

13,025

13,000

13,000

0

0

0

0

-

-

-

-

409,607

0

0

0

-

-

-

-

Just Care purchase price adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from sale of property and equipment

404

414

418

664

2,351

2,077

4,665

4,529

2,771

3,460

2,818

2,635

2,701

2,030

61

-38

40

42

233

308

554

699

516

668

366

205

-339

-115

-89

65

1,296

1,095

1,391

1,483

941

765

630

480

0

0

0

Proceeds from sale of assets held for sale

2,123

823

823

0

0

3,797

3,797

3,797

3,797

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,969

1,968

7,312

6,946

5,641

5,641

778

7,418

7,121

0

0

0

-

-

-

-

Change in restricted cash and investments

15

7,440

3,165

3,455

3,686

129

3,110

3,034

2,954

4,507

-91,014

-59,998

-36,087

2,892

91,385

65,241

37,734

4,805

-296

-8,899

-545

-5,380

2,616

-14,386

-11,809

-17,412

-24,090

-44,726

-52,559

-51,189

-35,698

-2,528

11,742

9,503

13,240

17,444

5,728

11,184

0

0

0

Capital expenditures

119,812

117,244

124,963

144,012

171,603

195,666

205,766

187,962

166,132

148,406

117,680

103,059

87,557

81,565

84,752

91,901

111,812

117,581

137,355

144,796

130,891

114,224

93,829

68,767

123,695

117,566

118,521

127,934

71,035

107,549

134,855

204,207

231,253

222,033

204,063

125,690

117,650

94,691

0

0

0

Cash used in investing activities - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-52,555

0

0

0

-

-

-

-

-

-

-

0

Cash used in investing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,676

-2,761

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-100,493

-104,137

-114,058

-138,640

-173,501

-188,483

-191,749

-174,970

-508,816

-500,255

-377,317

-390,707

-44,036

-77,694

-171,344

-156,264

-173,339

-452,880

-467,361

-466,518

-436,520

-121,170

-108,953

-66,712

-125,149

-98,976

-61,131

-79,132

-15,196

-55,316

-132,551

-205,345

-238,273

-635,541

0

0

0

-

-

-

-

Cash Flow from Financing Activities:
Proceeds from long-term debt

487,370

521,370

405,368

427,998

530,998

502,998

436,219

475,510

407,936

1,389,084

1,524,733

1,530,519

1,979,093

1,012,945

895,875

847,798

470,798

724,798

836,616

1,163,000

922,000

654,000

855,384

462,000

931,000

1,238,000

937,000

998,000

715,000

358,000

481,148

498,135

427,395

835,395

670,247

1,111,260

1,172,000

726,000

0

0

0

Payments on long-term debt

541,798

513,219

406,941

362,284

336,284

282,358

233,733

302,288

265,288

1,140,788

1,251,838

1,279,000

1,763,750

934,006

864,566

804,747

361,991

311,985

391,642

795,664

607,859

678,099

901,473

453,975

885,096

1,134,544

846,557

984,951

750,848

456,485

514,419

412,282

332,241

289,832

182,529

403,193

406,312

397,445

0

0

0

Payments on non-recourse debt

334,389

335,116

341,625

337,996

15,033

18,544

248,163

247,019

245,843

307,414

77,073

74,905

75,622

10,064

7,420

10,439

11,876

11,908

20,482

23,140

18,869

18,627

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from non-recourse debt

-

-

-

-

-

-

-

-

-

181,658

117,533

198,843

231,613

266,835

326,530

232,897

161,783

123,560

83,822

137,627

120,915

87,896

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net share settlements of equity awards

2,639

4,179

3,545

3,606

3,636

3,820

4,472

4,441

5,064

4,142

4,122

4,171

4,053

2,336

2,374

3,259

3,380

2,786

2,748

2,212

2,967

1,844

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess Tax Benefit from Share-based Compensation, Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,626

-687

-33

22

1,409

1,789

1,335

2,046

2,035

1,812

2,240

1,628

2,197

2,263

2,199

2,090

621

170

-197

-49

465

3,676

4,303

3,986

3,926

0

0

0

Proceeds from issuance of common stock in connection with ESPP

558

532

530

522

518

534

519

519

515

497

480

454

-1,799

436

458

447

2,700

441

431

420

401

387

368

349

337

319

315

615

526

460

0

0

0

-

-

-

-

-

-

-

-

Payments for retirement of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Distribution to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,758

5,758

5,758

5,758

4,012

0

0

0

-

-

0

0

Debt issuance costs

-

-

-

-

-

-

-

-

-

9,542

10,095

9,205

26,981

21,115

22,342

24,128

7,329

7,069

8,129

28,858

27,665

26,420

17,612

-3,596

7,771

13,421

33,261

31,834

20,467

14,861

-10,275

-10,727

-9,233

0

13,842

19,171

17,677

8,400

0

0

0

Payment for repurchases of common stock

9,009

0

24,729

24,729

54,993

95,175

70,446

70,446

40,182

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,000

0

0

0

Proceeds from the exercise of stock options

925

1,258

1,365

1,592

1,960

1,887

1,957

2,184

3,340

6,962

7,766

7,440

6,250

3,347

2,628

2,794

2,538

2,774

3,410

3,787

5,221

7,281

6,868

6,874

5,651

5,425

12,371

12,962

12,094

9,276

1,846

633

1,694

2,446

3,394

4,033

6,540

6,695

0

0

0

Issuance of common stock in connection with public offering

-

-

-

-

-

-

-

-

-

275,867

275,867

275,867

276,036

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

232,304

232,546

231,574

230,603

229,205

229,498

230,567

231,621

233,197

227,463

217,909

208,360

198,743

194,748

194,521

191,977

189,516

186,984

184,604

179,832

175,072

170,234

163,714

158,285

152,584

147,156

197,657

173,962

138,146

102,435

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-320,040

-250,654

-288,130

-212,916

-106,665

-124,966

-291,875

-289,965

-234,485

164,719

364,560

436,647

421,236

119,668

133,581

49,353

63,749

332,250

318,464

331,188

272,876

-88,900

-88,514

-158,477

-128,098

-69,040

-147,835

-187,036

-189,816

-222,282

-95,070

-221

8,795

454,018

426,947

683,420

721,292

243,698

0

0

0

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash and Cash Equivalents

-8,082

-352

-6,770

-7,394

-9,078

-10,099

-8,573

-6,106

-5,652

-2,318

883

2,782

1,896

1,119

1,520

-1,879

-51

-3,226

-5,732

-5,181

-5,572

-3,259

-2,008

1,019

-2,318

-3,803

-1,249

-2,225

295

1,735

1,569

-2,811

3,889

-2,299

-2,045

5,933

-1,039

4,169

0

0

0

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash and Cash Equivalents

-61,224

-17,000

-31,748

-47,661

14,556

-49,073

51,163

39,540

-346,107

43,188

29,761

33,156

416,477

15,065

-17,008

-8,179

-45,756

18,301

-5,549

9,684

30,918

-10,788

-481

-1,151

-45,661

20,370

-15,718

-29,805

36,480

-11,623

26,499

12,439

-37,074

5,290

-6,122

21,006

59,306

9,496

0

0

0

Non-cash Investing and Financing activities:
Right-of-use assets obtained from operating lease liabilities upon adoption of new lease standard

0

147,000

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of pension liability to shares of common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures in accounts payable and accrued expenses

9,272

11,049

16,332

16,287

18,520

15,253

9,665

9,907

13,541

13,039

6,010

7,230

-134

894

1,083

5,607

6,933

5,939

7,169

5,772

11,372

11,798

13,514

7,971

1,076

2,148

-330

-2,103

-3,436

1,959

7,254

2,253

56,395

26,322

24,558

39,228

-19,009

11,237

0

0

0