The geo group, inc. (GEO)
Income statement / Quarterly
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'10Sep'09Jun'09
Revenues

605,017

621,710

631,579

613,966

610,667

599,430

583,530

583,509

564,917

568,977

566,759

577,070

550,614

566,579

554,376

548,350

510,185

500,127

469,866

445,945

427,369

427,740

457,900

412,843

393,137

383,548

379,842

381,653

377,031

378,731

369,116

371,173

360,042

222,919

395,683

396,804

391,766

189,022

327,933

280,095

287,542

294,865

276,379

Operating expenses

461,322

478,080

472,513

453,168

456,997

456,460

434,806

437,797

426,709

424,209

423,134

438,445

414,707

429,279

415,659

416,837

388,506

365,977

345,966

333,930

317,909

311,503

342,216

300,058

291,923

280,919

283,903

279,246

280,797

281,229

268,142

269,141

270,720

139,788

297,700

299,236

299,286

117,419

251,100

216,916

226,332

234,347

218,857

Depreciation and amortization

33,327

33,585

32,419

32,352

32,469

31,898

31,297

31,313

31,926

31,833

31,649

31,866

28,949

29,030

28,783

28,652

28,451

28,129

27,127

26,560

24,940

24,202

24,079

23,748

24,142

24,184

23,888

23,657

22,935

23,540

22,944

22,962

22,239

19,951

21,850

20,945

18,802

12,269

13,384

9,474

9,238

9,616

9,630

General and administrative expenses

53,782

43,743

48,488

47,271

46,424

47,588

47,647

47,448

41,832

46,477

49,074

52,206

42,586

40,261

37,483

36,904

34,061

39,276

33,742

32,174

31,848

30,081

28,287

28,148

28,502

30,436

27,222

27,363

32,040

34,649

26,428

26,129

26,586

23,595

25,922

27,710

32,788

29,530

33,925

20,655

17,448

15,685

17,015

Operating income

56,586

66,302

78,159

81,175

74,777

63,484

69,780

66,951

64,450

66,458

62,902

54,553

64,372

68,009

72,451

65,957

59,167

66,745

63,031

53,281

52,672

61,954

63,318

60,889

48,570

48,009

44,829

51,387

41,259

39,313

51,602

52,941

40,497

39,585

50,211

48,913

40,890

29,804

29,524

33,050

34,524

35,217

30,877

Interest income

5,438

5,807

6,686

8,045

8,396

8,561

8,428

8,667

9,099

12,705

14,648

12,346

11,977

10,109

7,928

5,902

4,557

3,645

2,992

2,868

2,073

2,143

1,048

824

732

-109

1,084

1,165

1,184

1,497

1,651

1,761

1,807

2,067

1,767

1,629

1,569

1,793

1,734

1,486

1,229

1,224

1,206

Interest expense

34,180

35,167

36,645

38,932

40,280

39,898

37,991

36,345

35,869

38,322

38,719

35,983

35,000

34,835

33,428

31,089

29,366

27,525

27,314

26,651

24,646

24,706

21,408

20,602

20,652

20,991

21,569

21,103

19,341

20,160

20,605

20,618

20,806

19,678

19,327

19,412

16,961

12,516

11,917

8,447

7,814

6,533

6,761

Gain on extinguishment of debt

1,563

352

594

-5,741

0

-

0

-574

-

-

-

-

-

-

0

-15,866

-

-

0

0

-

-

-

-

-

-

-1,451

-5,527

-

-

-8,462

0

-

-

0

-

-

-

-7,933

-

-

-

-

Income before income taxes and equity in earnings of affiliates

29,407

37,294

48,794

44,547

42,893

32,721

40,217

38,699

37,680

40,841

38,831

30,916

41,349

43,264

46,951

24,904

34,358

42,865

38,709

29,498

30,099

39,391

42,958

41,111

28,650

13,230

22,893

25,922

23,102

20,650

24,186

34,084

21,498

21,974

32,651

31,130

25,498

19,081

11,408

26,089

27,939

29,908

25,322

Provision for income taxes

6,546

2,139

5,137

4,532

4,840

1,924

3,723

3,715

4,755

12,368

1,720

1,400

2,470

-4,096

4,970

3,879

3,151

434

1,758

2,369

2,828

3,031

5,537

3,387

2,138

-11,908

-7,755

-7,268

881

-72,837

10,125

13,660

8,490

8,835

12,255

12,302

9,780

5,804

7,547

10,192

10,821

11,510

9,690

Equity in earnings of affiliates, net of income tax provision of $444, and $359, respectively

2,260

2,887

2,228

1,821

2,596

2,556

2,735

2,341

1,995

7,790

1,342

1,426

1,487

1,982

1,693

2,131

1,119

1,584

1,340

1,124

1,485

1,621

1,544

1,174

1,484

2,493

1,526

1,029

1,217

1,926

474

430

748

-789

272

1,418

662

1,351

1,149

1,128

590

904

859

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,174

-

-

95,413

14,535

20,854

13,756

-

20,668

20,246

-

-

-

-

-

19,302

16,491

Loss from Discontinued Operations, net of income tax provision (benefit) of $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,265

-

-

-13,777

192

1,622

1,303

-

625

917

-

-

-

-

-

-

20

Net income

25,121

38,042

45,885

41,836

40,649

33,353

39,229

37,325

34,920

36,263

38,453

30,942

40,366

49,342

43,674

23,156

32,326

44,015

38,291

28,253

28,756

37,981

38,965

38,898

27,996

27,631

29,909

34,219

23,438

81,636

14,727

22,476

15,059

18,627

21,293

21,163

16,380

23,047

5,010

17,025

17,708

19,302

16,511

Net loss attributable to noncontrolling interests

-60

-10

-47

-78

-56

-39

-60

-96

-67

-94

-36

-50

-37

-94

-46

-53

-24

-43

-21

-38

-21

-70

-26

0

6

20

12

12

18

29

-890

-25

34

-112

-225

-415

-410

-451

-271

8

36

44

-

Net income attributable to The GEO Group, Inc.

25,181

38,052

45,932

41,914

40,705

33,392

39,289

37,421

34,987

36,357

38,489

30,992

40,403

49,436

43,720

23,209

32,350

44,058

38,312

28,291

28,777

38,051

38,991

38,898

27,990

27,611

29,897

34,207

23,420

81,607

15,617

22,501

15,025

18,739

21,518

21,578

16,790

23,498

5,281

17,017

17,672

19,258

-

Weighted-average common shares outstanding:
Foreign currency translation adjustments, net of tax benefit (provision) of $1,784, $999 and ($1,313), respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,858

669

473

-

-

-

-

-

-

Pension liability adjustment, net of tax benefit of $291, $730 and $232, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

10

9

-

-

-

-

-

-

Change in fair value of derivative instrument classified as cash flow hedge, net of tax benefit of $261, $638 and $69, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-672

-180

-177

-

-

-

-

-

-

Total other comprehensive income (loss), net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,521

499

305

2,337

5,208

-3,084

184

1,858

-

Total comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,772

21,662

16,685

25,384

10,218

13,941

17,892

21,160

-

Comprehensive loss attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-325

-418

-417

-904

214

27

55

77

-

Comprehensive income attributable to The GEO Group, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,097

22,080

17,102

25,806

10,432

13,968

17,837

21,083

-

Basic

119,394

119,237

119,209

119,168

118,774

119,241

119,681

120,274

121,768

122,405

122,251

122,125

113,599

111,219

111,162

111,066

110,813

221,205

73,757

73,665

73,549

73,502

72,380

71,749

71,449

71,330

71,201

71,083

70,850

61,223

60,906

60,839

60,768

61,614

63,340

64,455

64,291

64,230

57,799

48,776

50,711

50,900

50,802

Diluted

119,933

118,922

119,282

119,544

119,496

119,723

120,302

120,659

122,304

122,996

122,887

122,895

114,478

111,657

111,504

111,479

111,300

222,266

73,919

73,903

73,884

73,662

72,637

71,994

71,895

71,746

71,655

71,607

71,412

61,763

61,302

61,066

60,929

61,816

63,555

64,858

64,731

64,804

58,198

49,314

51,640

51,950

51,835

Net income per common share attributable to The GEO Group, Inc.:
Basic:
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

-

-

1.57

0.25

0.34

0.23

-

0.33

0.32

-

-

-

-

-

0.38

0.32

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

-

-

-0.22

0.00

0.03

0.02

-

0.01

0.01

-

-

-

-

-

-

0.01

Net income per common share attributable to The GEO Group, Inc. - basic

0.21

0.32

0.39

0.35

0.34

0.28

0.33

0.31

0.29

0.30

0.31

0.25

0.36

0.45

0.39

0.21

0.29

-0.03

0.52

0.38

0.39

0.52

0.54

0.54

0.39

0.39

0.42

0.48

0.33

1.33

0.26

0.37

0.25

0.31

0.34

0.33

0.26

0.36

0.09

0.35

0.35

0.38

0.33

Diluted:
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

-

-

1.55

0.25

0.34

0.23

-

0.33

0.32

-

-

-

-

-

0.37

0.32

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

-

-

-0.22

0.00

0.03

0.02

-

0.01

0.01

-

-

-

-

-

-

-

Net income per common share attributable to The GEO Group, Inc. - diluted

0.21

0.32

0.39

0.35

0.34

0.27

0.33

0.31

0.29

0.30

0.31

0.25

0.35

0.44

0.39

0.21

0.29

-0.04

0.52

0.38

0.39

0.51

0.54

0.54

0.39

0.38

0.42

0.48

0.33

1.33

0.25

0.37

0.25

0.30

0.34

0.33

0.26

0.35

0.09

0.35

0.34

0.37

0.32

Dividends declared per share

0.48

0.48

0.48

0.48

0.48

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.44

0.43

0.43

0.43

-0.19

0.62

0.62

0.62

0.62

0.57

0.57

0.57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-