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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jan. 01, 2012	Feb. 27, 2012	Jul. 01, 2011
Document and Entity Information [Abstract]
Entity Registrant Name	GEO GROUP INC
Entity Central Index Key	0000923796
Document Type	10-K
Trading Symbol	GEO
Document Period End Date	Jan. 01, 2012
Amendment Flag	false
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--01-01
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1,504,071,247
Entity Common Stock, Shares Outstanding		61,172,672

Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues	$ 1,612,899	$ 1,269,968	$ 1,141,090
Operating Expenses	1,221,580	975,020	897,099
Depreciation and Amortization	85,341	48,111	39,306
General and Administrative Expenses	113,809	106,364	69,240
Operating Income	192,169	140,473	135,445
Interest Income	7,038	6,271	4,943
Interest Expense	(75,382)	(40,707)	(28,518)
Loss on Extinguishment of Debt	0	(7,933)	(6,839)
Income Before Income Taxes, Equity in Earnings of Affiliates, and Discontinued Operations	123,825	98,104	105,031
Provision for Income Taxes	47,925	39,532	42,079
Equity in Earnings of Affiliates, net of income tax provision of $2165, $2212, and $1368	1,563	4,218	3,517
Income from Continuing Operations	77,463	62,790	66,469
Loss from Discontinued Operations, net of income tax benefit of $0, $0, and $216			(346)
Net Income	77,463	62,790	66,123
Net (income) loss attributable to noncontrolling interests	1,162	678	(169)
Net Income Attributable to The GEO Group, Inc.	$ 78,625	$ 63,468	$ 65,954
Weighted Average Common Shares Outstanding:
Basic	63,425	55,379	50,879
Diluted	63,740	55,989	51,922
Basic:
Income from continuing operations	$ 1.24	$ 1.15	$ 1.30
Loss from discontinued operations
Net income per common share attributable to The GEO Group Inc. - Basic	1.24	1.15	1.30
Diluted:
Income from continuing operations	1.23	1.13	1.28
Loss from discontinued operations			(0.01)
Net income per common share attributable to The GEO Group Inc. - Diluted	$ 1.23	$ 1.13	$ 1.27
Comprehensive Income:
Net Income	$ 77,463	$ 62,790	$ 66,123
Total other comprehensive income (loss), net of tax	(8,253)	4,645	12,174
Total comprehensive income	69,210	67,435	78,297
Comprehensive loss attributable to noncontrolling interests	1,274	608	428
Comprehensive income attributable to The GEO Group, Inc.	$ 70,484	$ 68,043	$ 78,725

Consolidated Statements of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Consolidated Statements of Income and Comprehensive Income [Abstract]
Income tax provision on equity in earnings of affiliates	$ 2,406	$ 2,212	$ 1,368
Taxes (benefit) from operations of discontinued business	$ 0	$ 0	$ 216

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6909487&loc=d3e38679-109324

+ Details

Consolidated Balance Sheets - USD ($)
$ in Thousands

Jan. 01, 2012

Jan. 02, 2011

Current Assets

Cash and cash equivalents

$ 44,753

$ 39,664

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

^[1]

42,535

41,150

Accounts receivable, less allowance for doubtful accounts of $2453 and $1,308

292,783

275,778

Deferred income tax assets, net

28,726

29,115

Prepaid expenses and other current assets

50,532

36,377

Total current assets

459,329

422,084

Non Current restricted cash and Investments (including VIEs of $38,930 and $33,266, respectively)

^[1]

57,912

49,492

Property and Equipment, Net (including VIEs of $162,665 and $167,209, respectively)

^[1]

1,706,171

1,511,292

Assets Held for Sale

4,363

9,970

Direct Finance Lease Receivable

32,146

37,544

Deferred Income Tax Asset, Net

1,711

936

Goodwill

508,066

236,594

Intangible Assets, Net

200,342

87,813

Other Non-Current Assets

79,576

56,648

Total Assets

3,049,616

2,412,373

Current Liabilities

Accounts payable

69,653

73,880

Accrued payroll and related taxes

38,642

33,361

Accrued expenses

126,857

118,472

Current portion of capital lease obligations, long-term debt and non-recourse debt (including VIEs of $20,770 and $19,365 respectively)

^[1]

53,666

41,574

Total current liabilities

288,818

267,287

Deferred Income Tax Liabilities

125,209

55,318

Other Non-Current Liabilities

56,381

46,862

Capital Lease Obligations

13,087

13,686

Long-Term Debt

1,319,068

798,336

Non-Recourse Debt (including VIEs of $108,335 and $132,078, respectively)

^[1]

208,532

191,394

Commitments and Contingencies (Note 15)

Shareholders' Equity

Preferred stock, $0.01 par value, 30,000,000 shares authorized, none issued or outstanding

Common stock, $0.01 par value, 90,000,000 shares authorized, 85,185,158 and 84,506,772 issued and 61,181,172 and 64,432,459 outstanding respectively

852

845

Additional paid-in capital

727,297

718,489

Retained earnings

507,170

428,545

Accumulated other comprehensive income

1,930

10,071

Treasury stock 24,003,986 and 20,074,313 shares, at cost, at January 1, 2012 and January 2, 2011

(214,031)

(139,049)

Total shareholders' equity attributable to The GEO Group, Inc.

1,023,218

1,018,901

Noncontrolling interests

15,303

20,589

Total shareholders' equity

1,038,521

1,039,490

Total Liabilities and Shareholders' Equity

$ 3,049,616

$ 2,412,373

[1]	Variable interest entities or "VIEs"

Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands

Jan. 01, 2012

Jan. 02, 2011

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

^[1]

$ 42,535

$ 41,150

Allowance for doubtful accounts

2,453

1,308

Restricted cash and investments

^[1]

57,912

49,492

Property and equipment, net

^[1]

1,706,171

1,511,292

Current portion of capital lease obligations, long-term debt and non-recourse debt

^[1]

53,666

41,574

Non-recourse debt, Australian subsidiary

^[1]

$ 208,532

$ 191,394

Preferred stock, par value

$ 0.01

Preferred stock, shares authorized

30,000,000

Preferred stock, shares issued

Preferred stock, shares outstanding

Common stock, par value

$ 0.01

Common stock, shares authorized

90,000,000

Common stock, shares issued

85,185,158

84,506,772

Treasury stock, shares

24,003,986

20,074,313

Variable Interest Entity, Primary Beneficiary

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

$ 35,435

$ 34,049

Restricted cash and investments

38,930

33,266

Property and equipment, net

162,665

167,209

Current portion of capital lease obligations, long-term debt and non-recourse debt

20,770

19,365

Non-recourse debt, Australian subsidiary

$ 108,335

$ 132,078

[1]	Variable interest entities or "VIEs"

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Cash Flow from Operating Activities:
Net Income	$ 77,463	$ 62,790	$ 66,123
Net (income) loss attributable to noncontrolling interests	1,162	678	(169)
Net Income Attributable to The GEO Group, Inc.	78,625	63,468	65,954
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:
Restricted stock expense	3,432	3,261	3,509
Stock option plan expense	2,681	1,378	1,813
Depreciation and amortization expense	85,341	48,111	39,306
Amortization of debt issuance costs, discount and/or premium	1,745	3,209	3,412
Deferred tax provision	41,020	17,941	10,010
Provision for doubtful accounts	1,812	815	139
Equity in earnings of affiliates, net of tax	(1,563)	(4,218)	(3,517)
Income tax benefit of equity compensation	(465)	(3,926)	(601)
(Gain) loss on sale of property and equipment	558	(646)	119
Loss on extinguishment of debt	0	7,933	6,839
Dividends received from unconsolidated joint venture	9,911	3,909	2,193
Changes in assets and liabilities, net of acquisition:
Changes in accounts receivable, prepaid expenses and other assets	(17,201)	(18,259)	864
Changes in accounts payable, accrued expenses and other liabilities	(16,984)	3,226	(4,753)
Net cash provided by operating activities of continuing operations	188,912	126,202	125,287
Net cash provided by operating activities of discontinued operations			5,818
Net cash provided by operating activities	188,912	126,202	131,105
Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired	(409,607)	(260,255)	(38,386)
Just Care purchase price adjustment		(41)
Proceeds from sale of property and equipment	1,483	528	179
Proceeds from sale of assets held for sale	7,121
Change in restricted cash and investments	(9,826)	(11,432)	2,713
Capital Expenditure	(224,713)	(97,061)	(149,779)
Net cash used in investing activities	(635,542)	(368,261)	(185,273)
Cash Flow from Financing Activities:
Distribution to noncontrolling interests	(4,012)		(176)
Proceeds from long-term debt	835,395	726,000	333,000
Payments on long-term debt	(289,832)	(397,445)	(267,474)
Income tax benefit of equity compensation	465	3,926	601
Debt issuance costs	(15,462)	(8,400)	(17,253)
Termination of interest rate swap agreements			1,719
Payments for purchase of treasury shares	(74,982)	(80,000)
Payments for retirement of common stock		(7,078)
Proceeds from the exercise of stock options	2,446	6,695	1,457
Net cash provided by financing activities	454,018	243,698	51,874
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(2,299)	4,169	4,495
Net Increase in Cash and Cash Equivalents	5,089	5,808	2,201
Cash and Cash Equivalents, beginning of period	39,664	33,856	31,655
Cash and Cash Equivalents, end of period	44,753	39,664	33,856
Cash paid during the year for:
Income taxes	10,494	34,475	34,185
Interest	60,948	36,310	32,075
Non-cash Investing and Financing activities:
Capital expenditures in accounts payable and accrued expenses	26,322	11,237	10,418
Noncontrolling Interest
Cash Flow from Operating Activities:
Net Income	(1,162)	$ (678)	169
Cash Flow from Financing Activities:
Distribution to noncontrolling interests	$ (4,012)		$ (176)

Statements of Shareholders' Equity and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Noncontrolling Interest
Ending Balance at Jan. 03, 2010	$ 665,098	$ 516	$ 351,550	$ 365,927	$ 5,496	$ (58,888)	$ 497
Ending Balance, Shares at Jan. 03, 2010		51,629				16,075
Beginning Balance at Dec. 28, 2008	579,597	$ 511	344,175	299,973	(7,275)	$ (58,888)	1,101
Beginning Balance, Shares at Dec. 28, 2008		51,123				16,075
Proceeds from stock options exercised	1,457	$ 3	1,454
Proceeds from stock options exercised, Shares		372
Tax benefit related to equity compensation	601		601
Stock based compensation expense	1,813		1,813
Restricted stock granted		$ 2	(2)
Restricted stock granted, Shares		168
Restricted stock cancelled, Shares		(34)
Dividends paid to noncontrolling interest on subsidiary common stock	(176)						(176)
Amortization of restricted stock	3,509		3,509
Comprehensive income (loss):
Net income	66,123			65,954			169
Other comprehensive income (loss) (Note 3)	12,174				12,771		(597)
Total comprehensive income	78,297
Ending Balance at Jan. 02, 2011	1,039,490	$ 845	718,489	428,545	10,071	$ (139,049)	20,589
Ending Balance, Shares at Jan. 02, 2011		64,432				20,074
Beginning Balance at Jan. 03, 2010	665,098	$ 516	351,550	365,927	5,496	$ (58,888)	497
Beginning Balance, Shares at Jan. 03, 2010		51,629				16,075
Proceeds from stock options exercised	6,695	$ 14	6,681
Proceeds from stock options exercised, Shares		1,353
Tax benefit related to equity compensation	3,926		3,926
Stock based compensation expense	1,378		1,378
Restricted stock granted, Shares		40
Restricted stock cancelled, Value	(1)	$ (1)
Restricted stock cancelled, Shares		(41)
Amortization of restricted stock	3,261		3,261
Common stock issued in business combination (Note 2)	358,076	$ 158	357,918
Common stock issued in business combination, Shares		15,764
Noncontrolling interest acquired in business combination (Note 2)	20,700						20,700
Retirement of common stock, Value	(7,078)	$ 158	(6,225)	(850)		$ (161)
Retirement of common stock, Shares		(314)
Purchase of treasury shares, Amount	(80,000)					$ (80,000)
Purchase of treasury shares, Shares		(3,999)				3,999
Comprehensive income (loss):
Net income	62,790			63,468			(678)
Other comprehensive income (loss) (Note 3)	4,645				4,575		70
Total comprehensive income	67,435
Ending Balance at Jan. 01, 2012	1,038,521	$ 852	727,297	507,170	1,930	$ (214,031)	15,303
Ending Balance, Shares at Jan. 01, 2012		61,181				24,004
Beginning Balance at Jan. 02, 2011	1,039,490	$ 845	718,489	428,545	10,071	$ (139,049)	20,589
Beginning Balance, Shares at Jan. 02, 2011		64,432				20,074
Proceeds from stock options exercised	$ 2,446	$ 3	2,443
Proceeds from stock options exercised, Shares	298	298
Tax benefit related to equity compensation	$ 465		465
Stock based compensation expense	2,681		2,681
Restricted stock granted		$ 4	(4)
Restricted stock granted, Shares		381
Dividends paid to noncontrolling interest on subsidiary common stock	(4,012)						(4,012)
Amortization of restricted stock	3,432		3,432
Purchase of treasury shares, Amount	(74,982)					$ (74,982)
Purchase of treasury shares, Shares		(3,930)				3,930
Other adjustments to Additional Paid-In Capital	(209)		$ (209)
Comprehensive income (loss):
Net income	77,463			$ 78,625			(1,162)
Other comprehensive income (loss) (Note 3)	(8,253)				$ (8,141)		$ (112)
Total comprehensive income	$ 69,210

Summary of Business Operations and Significant Accounting Policies

12 Months Ended

Jan. 01, 2012

Summary of Business Operations and Significant Accounting Policies [Abstract]

Summary of Business Operations and Significant Accounting Policies

1.	Summary of Business Operations and Significant Accounting Policies

The GEO Group, Inc., a Florida corporation, and subsidiaries (the “Company”, or “GEO”) is a leading provider of government-outsourced services specializing in the management of correctional, detention, mental health, residential treatment and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom and Canada. The Company operates a broad range of correctional and detention facilities including maximum, medium and minimum security prisons, immigration detention centers, minimum security detention centers, mental health, residential treatment and community based re-entry facilities. The Company offers counseling, education and/or treatment to inmates with alcohol and drug abuse problems at most of the domestic facilities it manages. The Company is also a provider of innovative compliance technologies, industry-leading monitoring services, and evidence-based supervision and treatment programs for community-based parolees, probationers and pretrial defendants. Additionally, the Company has an exclusive contract with the U.S. Immigration and Customs Enforcement (“ICE”) to provide supervision and reporting services provided under the Intensive Supervision Appearance Program (“ISAP”), designed to improve the participation of non-detained aliens in the immigration court system. The Company develops new facilities based on contract awards, using its project development expertise and experience to design, construct and finance what it believes are state-of-the-art facilities that maximize security and efficiency. The Company also provides secure transportation services for offender and detainee populations as contracted domestically and in the United Kingdom through its joint venture GEO Amey PECS Ltd., (“GEOAmey”).

As of January 1, 2012, the Company’s worldwide operations included the management and/or ownership of approximately 79,400 beds at 115 correctional, detention and residential treatment facilities, including idle facilities and projects under development, and also included the provision of monitoring of approximately 70,000 offenders in a community-based environment on behalf of approximately 900 federal, state and local correctional agencies located in all 50 states.

The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States. The significant accounting policies of the Company are described below.

Fiscal Year

The Company’s fiscal year ends on the Sunday closest to the calendar year end. Fiscal year 2011 included 52 weeks. Fiscal year 2010 included 52 weeks and fiscal year 2009 included 53 weeks. The Company reports the results of its South African equity affiliate, South African Custodial Services Pty. Limited, (“SACS”), its consolidated South African entity, South African Custodial Management Pty. Limited (“SACM”), its joint venture GEOAmey, and the activities of its consolidated special purpose entity, Municipal Correctional Finance, L.P. (“MCF”) on a calendar year end, due to the availability of information.

Consolidation

The accompanying consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, and the Company’s activities relative to the financing of operating facilities (the Company’s variable interest entities are discussed further in Note 1 and Note 3). The equity method of accounting is used for investments in non-controlled affiliates in which the Company’s ownership ranges from 20 to 50 percent, or in instances in which the Company is able to exercise significant influence but not control. The Company reports SACS and its 50% owned joint venture in the United Kingdom, GEOAmey, under the equity method of accounting. Noncontrolling interests in consolidated entities represent equity that other investors have contributed to MCF and SACM. Non-controlling interests are adjusted for income and losses allocable to the other shareholders in these entities. All significant intercompany balances and transactions have been eliminated.

Discontinued Operations

The termination of any of the Company’s management contracts, by expiration or otherwise, may result in the classification of the operating results of such management contract, net of taxes, as a discontinued operation. When material, the Company reflects such events as discontinued operations so long as the financial results can be clearly identified, the operations and cash flows are completely eliminated from ongoing operations, and so long as the Company does not have any significant continuing involvement in the operations of the component after the disposal or termination transaction. The component unit for which cash flows are considered to be completely eliminated exists at the customer level. Historically, the Company has classified operations as discontinued in the period they are announced as normally all continuing cash flows cease within three to six months of that date.

Use of Estimates

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s significant estimates include reserves for self-insured retention related to general liability insurance, workers’ compensation insurance, auto liability insurance, medical malpractice insurance, employer group health insurance, percentage of completion and estimated cost to complete for construction projects, estimated useful lives of property and equipment, stock based compensation and allowance for doubtful accounts. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While the Company believes that such estimates are reasonable when considered in conjunction with the consolidated financial statements taken as a whole, the actual amounts of such estimates, when known, will vary from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted.

During the first quarter of 2010, the Company completed a depreciation study on its owned correctional facilities. In evaluating useful lives of these assets, the Company considered how long the assets will remain functionally efficient and effective, given competitive factors, economic environment, technological advancements and quality of construction. Based on the results of the depreciation study, the Company revised the estimated useful lives of certain buildings from its historical estimate of 40 years to a revised estimate of 50 years, effective January 4, 2010. The basis for the change in the useful life of the Company’s owned correctional facilities is due to the expectation that these facilities are capable of being used for a longer period than previously anticipated based on quality of construction and effective building maintenance. The Company accounted for the change in the useful lives as a change in estimate which was accounted for prospectively beginning January 4, 2010 by depreciating the assets’ carrying values over their revised remaining useful lives. For fiscal year 2010, the change resulted in a reduction in depreciation and amortization expense of $3.7 million, an increase to net income of $2.2 million and an increase in diluted earnings per share of $0.04.

Cash and Cash Equivalents

Cash and cash equivalents include all interest-bearing deposits or investments with original maturities of three months or less. The Company maintains cash and cash equivalents with various financial institutions. These financial institutions are located throughout the United States, Australia, South Africa, Canada and the United Kingdom. As of January 1, 2012, the Company had $25.6 million in cash and cash equivalents held by its international subsidiaries.

Concentration of Credit Risk

The Company maintains deposits of cash in excess of federally insured limits with certain financial institutions and accordingly, the Company is subject to credit risk. Other than cash, financial instruments that potentially subject the Company to concentrations of credit risk consist principally of trade accounts receivable, a direct finance lease receivable, long-term debt and financial instruments used in hedging activities. The Company’s cash management and investment policies restrict investments to low-risk, highly liquid securities, and the Company performs periodic evaluations of the credit standing of the financial institutions with which it deals.

Accounts Receivable

Accounts receivable consists primarily of trade accounts receivable due from federal, state, and local government agencies for operating and managing correctional facilities, providing youth and community based services, providing mental health and residential treatment services, providing electronic monitoring and supervision services, providing construction and design services and providing inmate residential and prisoner transportation services. The Company generates receivables with its governmental clients and with other parties in the normal course of business as a result of billing and receiving payment. The Company regularly reviews outstanding receivables, and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established loss reserves, the Company makes judgments regarding its customers’ ability to make required payments, economic events and other factors. As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. The Company also performs ongoing credit evaluations for some of its customers’ financial conditions and generally does not require collateral. Generally, the Company receives payment for these services thirty to sixty days in arrears. However, certain of the Company’s accounts receivable are paid by customers after the completion of their program year and therefore can be aged in excess of one year. The Company maintains reserves for potential credit losses, and such losses traditionally have been within its expectations. Actual write-offs are charged against the allowance when collection efforts have been unsuccessful. As of January 1, 2012, $1.7 million of the Company’s trade receivables were considered to be long-term and are classified as Other Non-Current Assets in the accompanying Consolidated Balance Sheet.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets include assets that are expected to be realized within the next fiscal year. Included in the balance at January 1, 2012 and January 2, 2011 is $22.2 million and $17.3 million, respectively, of federal and state income tax overpayments that were applied against tax payments due in 2012 and 2011, respectively.

Notes Receivable

The Company has notes receivable from its former joint venture partner in the United Kingdom related to a subordinated loan extended to the joint venture partner while an active member of the partnership. The notes bear interest at a rate of 13%, have semi-annual payments due June 15 and December 15 through June 2018. The Company recognizes interest income on its Notes Receivable as it is earned. The balance outstanding as of January 1, 2012 and January 2, 2011 was $2.7 million and $3.2 million, respectively. This note receivable is included in other assets in the accompanying balance sheets, current and non-current as applicable.

Note Receivable from Joint Venture

The GEO Group UK Limited, the Company’s subsidiary in the United Kingdom (“GEO UK”), has extended a non-revolving line of credit facility to GEOAmey in the principal amount of £12 million. Amounts under the line of credit can be drawn down in multiple advances up to the principal amount and accrue interest at LIBOR plus 3%. The Company recognizes interest income on its Notes Receivable as it is earned. The line of credit was executed in May 2011 for the purpose of funding mobilization costs and on-going start-up and operations of GEOAmey. Principal repayments by GEOAmey under the line of credit are due in March and September, beginning September 2013, with the final payment due no later than March 30, 2018. As of January 1, 2012, the Company was owed £8.4 million, or $13.1 million, including accrued interest of $0.2 million, under the line of credit and has included this balance with Other Non-Current Assets in the accompanying balance sheet.

Restricted Cash and Investments

The Company’s restricted cash and investments are attributable to: (i) amounts held in escrow or in trust in connection with the 1,904-bed South Texas Detention Complex in Frio County, Texas and the 1,575-bed Northwest Detention Center in Tacoma, Washington, (ii) certain cash restriction requirements at the Company’s wholly owned Australian subsidiary related to the non-recourse debt and other guarantees, (iii) MCF’s bond fund payment account, debt service reserve fund and escrow fund primarily used to segregate rental payments from Cornell Companies, Inc. (“Cornell”), the Company’s wholly-owned subsidiary, to MCF for the purposes of servicing the non-recourse debt and making distributions to equity holders, and (iv) restricted investments related to The GEO Group Inc. Non-qualified Deferred Compensation Plan. The current portion of restricted cash and investments represents the amount expected to be paid within the next twelve months for debt service and amounts that may be paid as distributions to the equity holders of MCF under the Agreement of Limited Partnership.

Direct Finance Leases

The Company accounts for the portion of its contracts with certain governmental agencies that represent capitalized lease payments on buildings and equipment as investments in direct finance leases. Accordingly, the minimum lease payments to be received over the term of the leases less unearned income are capitalized as the Company’s investments in the leases. Unearned income is recognized as income over the term of the leases using the effective interest method.

Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Buildings and improvements are depreciated over 2 to 50 years. Equipment and furniture and fixtures are depreciated over 3 to 10 years. Accelerated methods of depreciation are generally used for income tax purposes. Leasehold improvements are amortized on a straight-line basis over the shorter of the useful life of the improvement or the term of the lease. The Company performs ongoing evaluations of the estimated useful lives of the property and equipment for depreciation purposes. The estimated useful lives are determined and continually evaluated based on the period over which services are expected to be rendered by the asset. If the assessment indicates that assets will be used for a longer or shorter period than previously anticipated, the useful lives of the assets are revised, resulting in a change in estimate. The Company has not made any changes in estimate during the fiscal year ended January 1, 2012. Maintenance and repairs are expensed as incurred. Interest is capitalized in connection with the construction of correctional and detention facilities. Capitalized interest is recorded as part of the asset to which it relates and is amortized over the asset’s estimated useful life.

The Company reviews long-lived assets to be held and used for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. Events that would trigger an impairment assessment include deterioration of profits for a business segment that has long-lived assets, or when other changes occur that might impair recovery of long-lived assets such as the termination of a management contract. If impairment indicators are present, the Company performs a recoverability test to determine whether or not an impairment loss should be measured. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset or asset group and its eventual disposition. For the purposes of the recoverability test, if a long-lived asset is part of a group that includes other assets, the unit of accounting for the long-lived asset is its group. Generally, the Company groups its assets by facility for the purposes of considering whether any impairment exists. When considering the future cash flows of a facility, the Company makes assumptions based on historical experience with its customers, current data related to the pricing of its management contracts, residual value of its facilities, and/or terminal growth rates. While these estimates do not generally have a material impact on the impairment charges associated with managed-only facilities, the sensitivity increases significantly when considering the impairment on facilities that are either owned or leased by the Company due to the investment the Company makes in buildings and improvements for owned and leased facilities. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the fair value of the asset compared to the carrying value.

Assets Held for Sale

The Company records its Assets Held for Sale at the lower of cost or estimated fair value and estimates fair value by using third party appraisers or other valuation techniques. The Company does not record depreciation for its Assets Held for Sale. Any gain or loss on the sale of its operating assets is included in the operating income of reportable segment to which it relates.

Assets Held under Capital Leases

Assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease. Amortization expense is recognized using the straight-line method over the shorter of the estimated useful life of the asset or the term of the related lease and is included in depreciation expense.

Goodwill and Other Intangible Assets

The Company has recorded goodwill as a result of its business combinations. Goodwill is recorded as the difference, if any, between the aggregate consideration paid for an acquisition and the fair value of the net tangible assets and other intangible assets acquired. The Company’s goodwill is not amortized and is tested for impairment annually and whenever events or circumstances arise that indicate impairment may have occurred. Impairment testing is performed for all reporting units that contain goodwill. The reporting unit is the same as the operating segment for U.S. Corrections & Detention and is at a level below the operating segment for GEO Care. The Company has identified its reporting units based on the criteria management uses to make key decisions about the business. During the fiscal year ended January 1, 2012, the Company elected to early adopt Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2011-08 and as such, when testing goodwill for impairment, the Company first assesses qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the Company performs the first step of the two-step impairment test by calculating the fair value of the reporting unit, using a discounted cash flow method, and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, the Company performs the second step of the goodwill impairment test to measure the amount of the impairment loss, if any. The qualitative factors used by the Company’s management to determine the likelihood that the fair value of the reporting unit is less than the carrying amount include, among other things, a review of overall economic conditions and their current and future impact on the Company’s existing business, the Company’s financial performance, industry outlook and market competition. During the year, management monitors the actual performance of the business relative to the fair value assumptions used during the prior year annual impairment test and updates its annual impairment test, if needed, to determine the likelihood that the goodwill has been impaired. On the measurement date of October 3, 2011, the first day of the Company’s fourth fiscal quarter, management qualitatively reviewed the Company’s goodwill for impairment and determined that it was not more likely than not that the fair values of the reporting units were less than their carrying values.

The Company has also recorded other finite and indefinite lived intangible assets as a result of business combinations and also in connection with the purchase of additional shares in the Company’s consolidated South African joint venture. Other acquired finite and indefinite lived intangible assets are recognized separately if the benefit of the intangible asset is obtained through contractual or other legal rights, or if the intangible asset can be sold, transferred, licensed, rented or exchanged, regardless of the Company’s intent to do so. The Company’s intangible assets include facility management contracts, non-compete agreements, BI trade name and technology. The facility management contracts represent customer relationships in the form of management contracts acquired at the time of each business combination; the non-compete agreements represent the estimated value of contractually restricting certain employees from competing with the Company; the value of BI’s trade name represents, among other intangible benefits, name recognition to its customers and intellectual property rights; and the acquired technology represents BI’s innovation with respect to its GPS tracking monitoring, radio frequency monitoring, voice verification monitoring and alcohol compliance systems. When establishing useful lives, the Company considers the period and the pattern in which the economic benefits of the intangible asset are consumed or otherwise used up; or, if that pattern cannot be reliably determined, using a straight-line amortization method over a period that may be shorter than the ultimate life of such intangible asset. The Company currently amortizes its acquired facility management contracts over periods ranging from three to eighteen years, its covenants not to compete over one to four years, and its acquired technology over seven years. There is no residual value associated with the Company’s finite-lived intangible assets. The Company reviews its finite lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. The Company does not amortize its indefinite lived intangible assets. The Company reviews its indefinite lived intangible assets annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company records the costs associated with renewal and extension of facility management contracts as expenses in the period they are incurred.

Debt Issuance Costs

Debt issuance costs, net of accumulated amortization of $5.3 million and $1.6 million, totaling $26.6 million and $14.8 million at January 1, 2012 and January 2, 2011, respectively, are included in other non-current assets in the consolidated balance sheets and are amortized to interest expense using the effective interest method, over the term of the related debt.

Variable Interest Entities

The Company evaluates its joint ventures and other entities in which it has a variable interest (a “VIE”), generally in the form of investments, loans, guarantees, or equity in order to determine if it has a controlling financial interest and is required to consolidate the entity as a result. The reporting entity with a variable interest that provides the entity with a controlling financial interest in the VIE will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE.

As a result of the acquisition of Cornell in August 2010, the Company assumed the variable interest in MCF of which it is the primary beneficiary and consolidates the entity as a result. MCF was created in August 2001 as a special limited partnership for the purpose of acquiring, owning, leasing and operating low to medium security adult and juvenile correction and treatment facilities. At its inception, MCF purchased assets representing eleven facilities from Cornell and leased those assets back to Cornell under a Master Lease Agreement (the “Lease”). These assets were purchased from Cornell using proceeds from the 8.47% Taxable Revenue Bonds, Series 2001 (“8.47% Revenue Bonds”) due 2016, which are limited non-recourse obligations of MCF and collateralized by the bond reserves, assignment of subleases and substantially all assets related to the eleven facilities. Under the terms of the Lease with Cornell, assumed by the Company, the Company will lease the assets for the remainder of the 20-year base term, which ends in 2021, and has options at its sole discretion to renew the Lease for up to approximately 25 additional years. MCF’s sole source of revenue is from the Company and as such the Company has the power to direct the activities of the VIE that most significantly impact its performance. The Company’s risk is generally limited to the rental obligations under the operating leases. This entity is included in the accompanying consolidated financial statements and all intercompany transactions are eliminated in consolidation. MCF maintains separate financial statements and all of the assets to which MCF has title are included therein. It should be noted that even though the Company consolidates MCF for accounting purposes, this VIE is a separate entity owned by unrelated third parties. MCF’s assets and credit are not available to satisfy the debts and other obligations of the Company.

The Company consolidates South Texas Local Development Corporation (“STLDC”), a VIE. STLDC was created to finance construction for the development of a 1,904-bed facility in Frio County, Texas. STLDC, the owner of the complex, issued $49.5 million in taxable revenue bonds and has an operating agreement with the Company, which provides the Company with the sole and exclusive right to operate and manage the detention center. The operating agreement and bond indenture require the revenue from the contract be used to fund the periodic debt service requirements as they become due. The net revenues, if any, after various expenses such as trustee fees, property taxes and insurance premiums are distributed to the Company to cover operating expenses and management fees. The Company is responsible for the entire operations of the facility including the payment of all operating expenses whether or not there are sufficient revenues. The bonds have a ten-year term and are non-recourse to the Company. At the end of the ten-year term of the bonds, title and ownership of the facility transfers from STLDC to the Company. See Note 14.

The Company does not consolidate its 50% owned South African joint venture in SACS, a VIE. SACS joint venture investors are GEO and Kensani Corrections, Pty. Ltd; each partner owns a 50% share. The Company has determined it is not the primary beneficiary of SACS since it does not have the power to direct the activities of SACS that most significantly impact its performance. As such, this entity is accounted for as an equity affiliate. SACS was established, and subsequently, in 2001, was awarded a 25-year contract to design, finance and build the Kutama Sinthumule Correctional Centre in Louis Trichardt, South Africa. To fund the construction of the prison, SACS obtained long-term financing from its equity partners and lenders, the repayment of which is fully guaranteed by the South African government, except in the event of default, in which case the government guarantee is reduced to 80%. The Company’s maximum exposure for loss under this contract is limited to its investment in joint venture of $5.6 million at January 1, 2012 and its guarantees related to SACS discussed in Note 14.

The Company does not consolidate its 50% owned joint venture in the United Kingdom. In February 2011, The GEO Group Limited, the Company’s wholly-owned subsidiary in the United Kingdom (“GEO UK”), executed a Shareholders Agreement (the “Shareholders Agreement”) with Amey Community Limited (“Amey”), GEOAmey and Amey UK PLC (“Amey Guarantor”) to form a private company limited by shares incorporated in England and Wales. GEOAmey was formed by GEO UK and Amey for the purpose of performing prisoner escort and related custody services in the United Kingdom and Wales. In order to form this private company, GEOAmey issued share capital of £100 divided into 100 shares of £1 each and allocated the shares 50/50 to GEO UK and Amey. GEO UK and Amey each have three directors appointed to the Board of Directors and neither party has the power to direct the activities that most significantly impact the performance of GEOAmey. Both parties provide lines of credit of £12 million or $18.7 million based on exchange rates as of January 1, 2012, to ensure that GEOAmey can comply with future contractual commitments related to the performance of its operations. As of January 1, 2012, $13.1 million, including accrued interest of $0.2 million, was owed to the Company by GEOAmey under the line of credit. GEOAmey commenced operations on August 29, 2011. The Company has recorded $2.4 million in losses, net of tax impact, for GEOAmey’s operations during the fiscal year ended January 1, 2012, which is included in Equity in earnings of affiliates in the accompanying consolidated statement of income and comprehensive income.

Fair Value Measurements

The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (“exit price”). The Company carries certain of its assets and liabilities at fair value, measured on a recurring basis, in the accompanying consolidated balance sheets. The Company also has certain assets and liabilities which are not carried at fair value in its accompanying balance sheets and discloses the fair value measurements compared to the carrying values as of each balance sheet date. The Company’s fair value measurements are disclosed in Note 11 and Note 12. The Company establishes fair value of its assets and liabilities using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels which distinguish between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). The level in the fair value hierarchy within which the respective fair value measurement falls is determined based on the lowest level input that is significant to the measurement in its entirety. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities, Level 2 inputs are other than quotable market prices included in Level 1 that are observable for the asset or liability either directly or indirectly through corroboration with observable market data. Level 3 inputs are unobservable inputs for the assets or liabilities that reflect management’s own assumptions about the assumptions market participants would use in pricing the asset or liability. The Company recognizes transfers between Levels 1, 2 and 3 as of the actual date of the event or change in circumstances that cause the transfer.

Revenue Recognition

Facility management revenues are recognized as services are provided under facility management contracts with approved government appropriations based on a net rate per day per inmate or on a fixed monthly rate. A limited number of the Company’s contracts have provisions upon which a small portion of the revenue for the contract is based on the performance of certain targets. Revenue based on the performance of certain targets is less than 1% of the Company’s consolidated annual revenues. These performance targets are based on specific criteria to be met over specific periods of time. Such criteria includes the Company’s ability to achieve certain contractual benchmarks relative to the quality of service it provides, non-occurrence of certain disruptive events, effectiveness of its quality control programs and its responsiveness to customer requirements and concerns. For the limited number of contracts where revenue is based on the performance of certain targets, revenue is either (i) recorded pro rata when revenue is fixed and determinable or (ii) recorded when the specified time period lapses. In many instances, the Company is a party to more than one contract with a single entity. In these instances, each contract is accounted for separately. The Company has not recorded any revenue that is at risk due to future performance contingencies.

Construction revenues are recognized from the Company’s contracts with certain customers to perform construction and design services (“project development services”) for various facilities. In these instances, the Company acts as the primary developer and subcontracts with bonded National and/or Regional Design Build Contractors. These construction revenues are recognized as earned on a percentage of completion basis measured by the percentage of costs incurred to date as compared to the estimated total cost for each contract. Provisions for estimated losses on uncompleted contracts and changes to cost estimates are made in the period in which the Company determines that such losses and changes are probable. Typically, the Company enters into fixed price contracts and does not perform additional work unless approved change orders are in place. Costs attributable to unapproved change orders are expensed in the period in which the costs are incurred if the Company believes that it is not probable that the costs will be recovered through a change in the contract price. If the Company believes that it is probable that the costs will be recovered through a change in the contract price, costs related to unapproved change orders are expensed in the period in which they are incurred, and contract revenue is recognized to the extent of the costs incurred. Revenue in excess of the costs attributable to unapproved change orders is not recognized until the change order is approved. Changes in job performance, job conditions, and estimated profitability, including those arising from contract penalty provisions, and final contract settlements, may result in revisions to estimated costs and income, and are recognized in the period in which the revisions are determined. As the primary contractor, the Company is exposed to the various risks associated with construction, including the risk of cost overruns. Accordingly, the Company records its construction revenue on a gross basis and includes the related cost of construction activities in Operating Expenses.

When evaluating multiple element arrangements for certain contracts where the Company provides project development services to its clients in addition to standard management services, the Company follows revenue recognition guidance for multiple element arrangements. This revenue recognition guidance related to multiple deliverables in an arrangement provides guidance on determining if separate contracts should be evaluated as a single arrangement and if an arrangement involves a single unit of accounting or separate units of accounting and if the arrangement is determined to have separate units, how to allocate amounts received in the arrangement for revenue recognition purposes. In instances where the Company provides these project development services and subsequent management services, generally, the arrangement results in no delivered elements at the onset of the agreement. The elements are delivered over the contract period as the project development and management services are performed. Project development services are not provided separately to a customer without a management contract. During the fiscal year ended January 1, 2012, the Company implemented ASU No. 2009-13 which provides amendments to revenue recognition criteria for separating consideration in multiple element arrangements. The amendments, among other things, establish the selling price of a deliverable, replace the term fair value with selling price and eliminate the residual method such that consideration can be allocated to the deliverables using the relative selling price method based on GEO’s specific assumptions. BI also periodically sells its monitoring equipment and other services together in multiple-element arrangements. In such cases, the Company allocates revenue on the basis of the relative selling price of the delivered and undelivered elements. The selling price for each of the elements is estimated based on the price the Company charges when the elements are sold on a stand alone basis.

Lease Revenue

The Company leases one of its owned facilities to an unrelated third party. The lease has a term of ten years and expires in January 2018 with an option to extend for up to three additional five-year terms. The carrying value of this leased facility as of January 1, 2012 and January 2, 2011 was $35.2 million and $36.1 million, respectively, net of accumulated depreciation of $4.1 million and $3.2 million, respectively. Rental income, included in Revenues, received on this lease for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 was $4.5 million, $4.5 million and $4.5 million, respectively. Future minimum rentals on this lease are as follows:


Fiscal Year	Annual Rental
	(In thousands)
2012	$	4,489
2013		4,623
2014		4,762
2015		4,905
2016		5,052
Thereafter		5,638

	$	29,469

Income Taxes

Deferred income taxes are determined based on the estimated future tax effects of differences between the financial statement and tax basis of assets and liabilities given the provisions of enacted tax laws. Significant judgments are required to determine the consolidated provision for income taxes. Deferred income tax provisions and benefits are based on changes to the assets or liabilities from year to year. Realization of the Company’s deferred tax assets is dependent upon many factors such as tax regulations applicable to the jurisdictions in which the Company operates, estimates of future taxable income and the character of such taxable income. Additionally, the Company must use significant judgment in addressing uncertainties in the application of complex tax laws and regulations. If actual circumstances differ from the Company’s assumptions, adjustments to the carrying value of deferred tax assets or liabilities may be required, which may result in an adverse impact on the results of its operations and its effective tax rate. Valuation allowances are recorded related to deferred tax assets based on the “more likely than not” criteria. The Company has not made any significant changes to the way it accounts for its deferred tax assets and liabilities in any year presented in the consolidated financial statements. Based on its estimate of future earnings and its favorable earnings history, the Company currently expects full realization of the deferred tax assets net of any recorded valuation allowances. Furthermore, tax positions taken by the Company may not be fully sustained upon examination by the taxing authorities. In determining the adequacy of our provision (benefit) for income taxes, potential settlement outcomes resulting from income tax examinations are regularly assessed. As such, the final outcome of tax examinations, including the total amount payable or the timing of any such payments upon resolution of these issues, cannot be estimated with certainty.

Reserves for Insurance Losses

The nature of the Company’s business exposes it to various types of third-party legal claims, including, but not limited to, civil rights claims relating to conditions of confinement and/or mistreatment, sexual misconduct claims brought by prisoners or detainees, medical malpractice claims, product liability claims, intellectual property infringement claims, claims relating to employment matters (including, but not limited to, employment discrimination claims, union grievances and wage and hour claims), property loss claims, environmental claims, automobile liability claims, contractual claims and claims for personal injury or other damages resulting from contact with our facilities, programs, electronic monitoring products, personnel or prisoners, including damages arising from a prisoner’s escape or from a disturbance or riot at a facility. In addition, the Company’s management contracts generally require it to indemnify the governmental agency against any damages to which the governmental agency may be subject in connection with such claims or litigation. The Company maintains a broad program of insurance coverage for these general types of claims, except for claims relating to employment matters, for which the Company carries no insurance. There can be no assurance that the Company’s insurance coverage will be adequate to cover all claims to which it may be exposed. It is the Company’s general practice to bring merged or acquired companies into its corporate master policies in order to take advantage of certain economies of scale.

The Company currently maintains a general liability policy and excess liability policies with total limits of $67.0 million per occurrence and in the aggregate covering the operations of U.S. Corrections & Detention, GEO Care’s community based services, GEO Care’s youth services and BI. In addition, GEO Care’s residential treatment services division has a separate claims-made liability insurance program for their mental health facilities with a specific loss limit of $35.0 million per occurrence and in the aggregate. That same $35.0 million limit also applies to medical professional liability claims arising out of correctional healthcare services. The Company is uninsured for any claims in excess of these limits. We also maintain insurance to cover property and other casualty risks including, workers’ compensation, environmental liability and automobile liability.

For most casualty insurance policies, the Company carries substantial deductibles or self-insured retentions of $3.0 million per occurrence for general liability and hospital professional liability, $2.0 million per occurrence for workers’ compensation and $1.0 million per occurrence for automobile liability. In addition, certain of the Company’s facilities located in Florida and other high-risk hurricane areas carry substantial windstorm deductibles. Since hurricanes are considered unpredictable future events, no reserves have been established to pre-fund for potential windstorm damage. Limited commercial availability of certain types of insurance relating to windstorm exposure in coastal areas and earthquake exposure mainly in California and the Pacific Northwest may prevent the Company from insuring some of its facilities to full replacement value.

With respect to operations in South Africa, the United Kingdom and Australia, the Company utilizes a combination of locally-procured insurance and global policies to meet contractual insurance requirements and protect the Company. In addition to these policies, the Company’s Australian subsidiary carries tail insurance on a general liability policy related to a discontinued contract.

Of the reserves discussed above, the Company’s most significant insurance reserves relate to workers’ compensation and general liability claims. These reserves are undiscounted and were $45.3 million and $40.2 million as of January 1, 2012 and January 2, 2011, respectively and are included in Accrued expenses in the accompanying balance sheets. The Company uses statistical and actuarial methods to estimate amounts for claims that have been reported but not paid and claims incurred but not reported. In applying these methods and assessing their results, the Company considers such factors as historical frequency and severity of claims at each of its facilities, claim development, payment patterns and changes in the nature of its business, among other factors. Such factors are analyzed for each of the Company’s business segments. The Company estimates may be impacted by such factors as increases in the market price for medical services and unpredictability of the size of jury awards. The Company also may experience variability between its estimates and the actual settlement due to limitations inherent in the estimation process, including its ability to estimate costs of processing and settling claims in a timely manner as well as its ability to accurately estimate the Company’s exposure at the onset of a claim. Because the Company has high deductible insurance policies, the amount of its insurance expense is dependent on its ability to control its claims experience. If actual losses related to insurance claims significantly differ from the Company’s estimates, its financial condition, results of operations and cash flows could be materially adversely impacted.

Comprehensive Income (Loss)

Comprehensive income (loss) represents the change in shareholders’ equity from transactions and other events and circumstances arising from non-shareholder sources. The Company’s total comprehensive income is comprised of net income attributable to The GEO Group, Inc., net income attributable to noncontrolling interests, foreign currency translation adjustments that arise from consolidating foreign operations that do not impact cash flows, net unrealized gains and/ or losses on derivative instruments, and pension liability adjustments in the Consolidated Statements of Shareholders’ Equity and Comprehensive Income.

Foreign Currency Translation

The Company’s foreign operations use their local currencies as their functional currencies. Assets and liabilities of the operations are translated at the exchange rates in effect on the balance sheet date and shareholders’ equity is translated at historical rates. Income statement items are translated at the average exchange rates for the year. The impact of fluctuations in foreign exchange currency rates for the Company’s international subsidiaries is recorded in other comprehensive income. The Company and its foreign subsidiaries also lend and borrow money to and from one another. These loans are measured initially in the functional currency of the recording entity using the exchange rate in effect on that day. At the balance sheet date, the Company adjusts these balances to reflect the then current exchange rate and records a transaction gain or loss based on the change in foreign exchange currency rates.

Derivatives

The Company’s primary objective in holding derivatives is to reduce the volatility of earnings and cash flows associated with changes in interest rates. The Company measures its derivative financial instruments at fair value and records derivatives as either assets or liabilities on the balance sheet. For derivatives that are designed as and qualify as effective cash flow hedges, the portion of gain or loss on the derivative instrument effective at offsetting changes in the hedged item is reported as a component of accumulated other comprehensive income and reclassified into earnings when the hedged transaction affects earnings. For derivative instruments that are designated as and qualify as effective fair value hedges, the gain or loss on the derivative instruments as well as the offsetting gain or loss on the hedged items attributable to the hedged risk is recognized in current earnings as interest income (expense) during the period of the change in fair values.

The Company formally documents all relationships between hedging instruments and hedge items, as well as its risk-management objective and strategy for undertaking various hedge transactions. This process includes attributing all derivatives that are designated as cash flow hedges to floating rate liabilities and attributing all derivatives that are designated as fair value hedges to fixed rate liabilities. The Company also assesses whether each derivative is highly effective in offsetting changes in the cash flows of the hedged item. Fluctuations in the value of the derivative instruments are generally offset by changes in the hedged item; however, if it is determined that a derivative is not highly effective as a hedge or if a derivative ceases to be a highly effective hedge, the Company will discontinue hedge accounting prospectively for the affected derivative.

Stock-Based Compensation Expense

The Company recognizes the cost of stock based compensation awards based upon the grant date fair value of those awards. The Company uses a Black-Scholes option valuation model to estimate the fair value of each option awarded. The impact of forfeitures that may occur prior to vesting is also estimated and considered in the amount recognized.

The fair value of stock-based awards was estimated using the Black-Scholes option-pricing model with the following weighted average assumptions for fiscal years ending 2011, 2010 and 2009, respectively:


	2011			2010			2009
Risk free interest rates		2.06	%		0.16	%		2.00	%
Expected term		4-5years			3 months			4-5years
Expected volatility		43	%		43	%		41	%
Expected dividend		—			—			—

The Company uses historical data to estimate award exercises and employee terminations within the valuation model. The expected term of the awards represents the period of time that awards granted are expected to be outstanding and is based on historical data and expected holding periods. For awards granted as replacement stock options in connection with the Cornell Acquisition in 2010, the risk-free rate is based on the rate for three-month U.S. Treasury Bonds, which is consistent with the expected term of the award. For awards granted in 2011 and 2009, the risk-free rate is based on the rate for five-year U.S. Treasury Bonds, which is consistent with the expected term of the awards.

Treasury Stock

We account for repurchases of our common stock using the cost method with common stock held in treasury classified as a reduction of shareholders’ equity in our consolidated balance sheets.

Earnings Per Share

Basic earnings per share is computed by dividing the income from continuing operations attributable to The GEO Group Inc., by the weighted average number of outstanding shares of common stock. The calculation of diluted earnings per share is similar to that of basic earnings per share, except that the denominator includes dilutive common stock equivalents such as stock options and shares of restricted stock.

Recent Accounting Pronouncements

The Company implemented the following accounting standards in the fiscal year ended January 1, 2012:

In October 2009, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2009-13 which provides amendments to revenue recognition criteria for separating consideration in multiple element arrangements. As a result of these amendments, multiple deliverable arrangements will be separated more frequently than under existing Generally Accepted Accounting Principles (“GAAP”). The amendments, among other things, establish the selling price of a deliverable, replace the term fair value with selling price and eliminate the residual method so that consideration would be allocated to the deliverables using the relative selling price method based on GEO’s specific assumptions. This amendment also significantly expands the disclosure requirements for multiple element arrangements. This guidance became effective for the Company prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010. The implementation of this standard in the fiscal year ended January 1, 2012 did not have a material impact on the Company’s financial position, results of operations and cash flows. As a result of the BI Acquisition, the Company also periodically sells its monitoring equipment and other services together in multiple-element arrangements. In such cases, the Company allocates revenue on the basis of the relative selling price of the delivered and undelivered elements. The selling price for each of the elements is estimated based on the price charged by the Company when the elements are sold on a standalone basis.

Also, in December 2010, the FASB issued ASU No. 2010-29 related to financial statement disclosures for business combinations entered into after the beginning of the first annual reporting period beginning on or after December 15, 2010. The amendments in this guidance specify that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of the combined entity as though the business combination(s) that occurred during the current year had occurred as of the beginning of the comparable prior annual reporting period only. These amendments also expand the supplemental pro forma disclosures under current guidance for business combinations to include a description of the nature and amount of material, nonrecurring pro forma adjustments directly attributable to the business combination included in the reported pro forma revenue and earnings. The amendments in this update are effective prospectively for business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. The Company acquired BI during the fiscal year ended January 1, 2012 and has implemented this standard, as applicable, to the related business combination disclosures. The implementation of this accounting standard did not have a material impact on the Company’s financial position, results of operation and/or cash flows.

In September 2011, the FASB issued ASU 2011-08 which is intended to simplify how an entity tests goodwill for impairment. Under the revised guidance, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the goodwill impairment test to measure the amount of the impairment loss, if any. Under the amendments in this update, an entity has the option to bypass the qualitative assessment for any reporting unit in any period and proceed directly to performing the first step of the two-step goodwill impairment test. An entity may resume performing the qualitative assessment in any subsequent period. ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Early adoption is permitted, including for annual and interim goodwill impairment tests performed as of a date before September 15, 2011, if an entity’s financial statements for the most recent annual or interim period have not yet been issued. The Company has elected to early adopt ASU 2011-08 for the purposes of performing its annual goodwill impairment test for its fiscal year ended January 1, 2012. The Company’s measurement date for the annual goodwill test is as of the first day of its fourth fiscal quarter. The implementation of this accounting standard did not have a material impact on the Company’s financial position, results of operations and/or cash flows.

The following accounting standards will be adopted in future periods:

In May 2011, the FASB issued ASU No. 2011-04 which provides a consistent definition of fair value in US GAAP and International Financial Reporting Standards (“IFRS”) and ensures that their respective fair value measurement and disclosure requirements are the same (except for minor differences in wording and style). The amendments change certain fair value measurement principles and enhance the disclosure requirements particularly for level 3 fair value measurements. The standard will become effective for the Company during interim and annual periods beginning after December 15, 2011 and should be applied prospectively. The Company does not believe that the implementation of this standard will have a material impact on its financial position, results of operation and cash flows.

In June 2011, the FASB issued ASU No. 2011-05 which requires an entity to present all non-owner changes in stockholders’ equity either in a single continuous statement of comprehensive income or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders’ equity. Regardless of whether an entity chooses to present comprehensive income in a single continuous statement or in two separate but consecutive statements, the entity is required to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s) where the components of net income and the components of other comprehensive income are presented. This standard will become effective for the Company in fiscal years, and interim periods within those years, beginning after December 15, 2011 and should be applied retrospectively. The Company does not believe that the implementation of this standard will have a material impact on its financial position, results of operation and cash flows.

In December 2011, the FASB issued ASU 2011-12 in order to defer only those changes in Update 2011-05 that relate to the presentation of reclassification adjustments. No other requirements in ASU 2011-05 were affected by this ASU, including the requirement to report comprehensive income either in a single continuous financial statement or in two separate but consecutive financial statements. ASU 2011-12 is effective for the Company in fiscal years, and interim periods within those years, beginning after December 15, 2011. The Company does not believe that the implementation of this standard will have a material impact on its financial position, results of operation and cash flows.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Name Statement of Position (SOP)
-Publisher AICPA
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Name FASB Interpretation (FIN)
-Publisher FASB
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6359553&loc=d3e288-107754

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Business Combinations

12 Months Ended

Jan. 01, 2012

Business Combinations [Abstract]

Business Combinations

2.	Business Combinations

Acquisition of BII Holding

On February 10, 2011, the Company completed its acquisition of B.I. Incorporated (“BI”), a Colorado corporation, pursuant to an Agreement and Plan of Merger, dated as of December 21, 2010 (the “Merger Agreement”), among GEO, BII Holding (“BII Holding”), a Delaware corporation, which owns BI, GEO Acquisition IV, Inc., a Delaware corporation and wholly-owned subsidiary of GEO (“Merger Sub”), BII Investors IF LP, in its capacity as the stockholders’ representative, and AEA Investors 2006 Fund L.P (the “BI Acquisition”). Under the terms of the Merger Agreement, Merger Sub merged with and into BII Holding, with BII Holding emerging as the surviving corporation of the merger. As a result of the BI Acquisition, the Company paid merger consideration of $409.6 million in cash, net of cash acquired of $9.7 million, excluding transaction related expenses and any potential adjustments, for 100% of BI’s outstanding common stock. Under the Merger Agreement, $12.5 million of the merger consideration was placed in an escrow account for a one-year period to satisfy any applicable indemnification claims pursuant to the terms of the Merger Agreement by GEO, the Merger Sub or its affiliates. The Company expects to fully settle the indemnification claims prior to June 30, 2012. As of January 1, 2012 and as of the date this Annual Report on Form 10K was filed, the Company was still in arbitration with regards to the amount of the working capital adjustment. At the time of the BI Acquisition, approximately $78.4 million, including accrued interest, was outstanding under BI’s senior term loan and $107.5 million, including accrued interest, was outstanding under its senior subordinated note purchase agreement, excluding the unamortized debt discount. All indebtedness of BI under its senior term loan and senior subordinated note purchase agreement were repaid by BI with a portion of the $409.6 million of merger consideration. In connection with the BI Acquisition and included in general and administrative expenses, the Company incurred $4.3 million in nonrecurring acquisition related costs for the fiscal year ended January 1, 2012. The Company does not believe that any of the goodwill recorded as a result of the BI Acquisition will be deductible for federal income tax purposes.

The Company is identified as the acquiring company for US GAAP accounting purposes and believes its acquisition of BI provides it with the ability to offer turn-key solutions to its customers in managing the full lifecycle of an offender from arraignment to reintegration into the community, which the Company refers to as the corrections lifecycle. Under the acquisition method of accounting, the purchase price for BI was allocated to BI’s net tangible and intangible assets based on their estimated fair values as of February 10, 2011, the date of closing and the date that the Company obtained control over BI. In order to determine the fair values of certain tangible and intangible assets acquired, the Company engaged a third party independent valuation specialist. For all other assets acquired and liabilities assumed, the recorded fair value was determined by the Company’s management and represents an estimate of the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.

The allocation of the purchase price was complete as of February 10, 2012 and any adjustments to goodwill made up to that date have been recorded in the Company’s balance sheet as of January 1, 2012. The final allocation is presented below. During the measurement period, the Company made $11.6 million in aggregate retrospective adjustments to provisional amounts with respect to the BI Acquisition that were recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. These adjustments relate to the Company’s valuation of accounts receivable, property and equipment, intangible assets, other non-current assets, deferred income tax assets and liabilities and other non-current liabilities. During the fourth quarter of 2011, the Company recorded adjustments to deferred income tax assets, deferred income tax liabilities and other non-current liabilities for tax related matters finalized within the measurement period which reduced goodwill by $4.6 million. The purchase price allocation as of February 10, 2011 and as of January 1, 2012 and adjustments made to the estimated acquisition date fair values during the measurement period are as follows (in thousands):


	Acquisition Date Estimated Fair Value as of February 10, 2011			Measurement Period Adjustments			Final Acquisition Date Fair Value as of January 1, 2012
Accounts receivable	$	18,321		$	1,298		$	19,619
Prepaid expenses and other current assets		3,896			—			3,896
Deferred income tax assets		15,857			(7,923	)		7,934
Property and equipment		22,359			901			23,260
Intangible assets		126,900			4,900			131,800
Other non-current assets		8,884			—			8,884

Total assets acquired	$	196,217		$	(824	)	$	195,393

Accounts payable		(3,977	)		—			(3,977	)
Accrued expenses		(8,461	)		—			(8,461	)
Deferred income tax liabilities		(43,824	)		7,037			(36,787	)
Other non-current liabilities		(11,431	)		5,411			(6,020	)
Long-term debt		(2,014	)		—			(2,014	)

Total liabilities assumed		(69,707	)		12,448			(57,259	)

Total identifiable net assets		126,510			11,624			138,134
Goodwill		283,097			(11,624	)		271,473

Total cash consideration	$	409,607		$	—		$	409,607

For fiscal year ended January 1, 2012, the Company has included revenue and earnings, excluding intercompany transactions, of approximately $113.2 million and $10.9 million, respectively, in its consolidated statement of income which represents revenue and earnings since February 10, 2011, the date BI was acquired.

Acquisition of Cornell Companies, Inc.

On August 12, 2010, the Company completed its acquisition of Cornell pursuant to a definitive merger agreement entered into on April 18, 2010, and amended on July 22, 2010, among the Company, GEO Acquisition III, Inc., and Cornell (the “Cornell Acquisition”). Under the terms of the merger agreement, the Company acquired 100% of the outstanding common stock of Cornell for aggregate consideration of $618.3 million. Of the goodwill recorded in relation to this acquisition, only $1.5 million of goodwill which resulted from a previous acquisition by Cornell, is deductible for federal income tax purposes; the remainder of goodwill is not deductible.

The measurement period ended on August 12, 2011. During the measurement period, the Company retrospectively adjusted provisional amounts with respect to the Cornell acquisition that were recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. Those changes are reflected in the table below. The purchase price allocation as of January 2, 2011 and as of January 1, 2012 and adjustments made to the estimated acquisition date fair values during the fiscal year ended January 1, 2012 are as follows (in thousands):


	Acquisition Date Estimated Fair Value as of January 2, 2011			Measurement Period Adjustments during the fiscal year ended January 1, 2012			Final Acquisition Date Fair Value as of January 1, 2012
Accounts receivable	$	55,142		$	294		$	55,436
Prepaid and other current assets		13,314			(333	)		12,981
Deferred income tax assets		21,273			(3,011	)		18,262
Restricted assets		44,096			—			44,096
Property and equipment		462,771			—			462,771
Intangible assets		75,800			—			75,800
Out of market lease assets		472			—			472
Other long-term assets		7,510			—			7,510

Total assets acquired		680,378			(3,050	)		677,328

Accounts payable and accrued expenses		(56,918	)		3,175			(53,743	)
Fair value of non-recourse debt		(120,943	)		—			(120,943	)
Out of market lease liabilities		(24,071	)		—			(24,071	)
Deferred income tax liabilities		(42,771	)		8,228			(34,543	)
Other long-term liabilities		(1,368	)		—			(1,368	)

Total liabilities assumed		(246,071	)		11,403			(234,668	)

Total identifiable net assets		434,307			8,353			442,660
Goodwill		204,724			(8,353	)		196,371

Fair value of Cornell’s net assets		639,031			—			639,031
Noncontrolling interest		(20,700	)		—			(20,700	)

Total consideration for Cornell, net of cash acquired	$	618,331		$	—		$	618,331

The Company recognized a reduction of operating expenses of $5.9 million during the year ended January 1, 2012 for items related to Cornell that occurred after the measurement period or purchase price allocation period had ended. These adjustments to operating expenses were the result of a recovery of accounts receivable and an insurance settlement for property damage at one of Cornell’s facilities. There were no such amounts recognized in the year ended January 2, 2011.

Pro forma financial information

The pro forma financial statement information set forth in the table below is provided for informational purposes only and presents comparative revenue and earnings for the Company as if the BI Acquisition and the related financing had occurred on January 3, 2010. For comparative purposes, the Company has also included the effect of the Cornell Acquisition and related financing as if it had occurred on January 3, 2010. The pro forma information provided below is compiled from the financial statements of the combined companies and includes pro forma adjustments for: (i) estimated changes in depreciation expense, interest expense and amortization expense, (ii) adjustments to eliminate intercompany transactions, (iii) adjustments to remove $6.7 million and $46.4 million for the fiscal years ended January 1, 2012 and January 2, 2011, respectively, in nonrecurring charges directly related to these acquisitions that are included in the combined Companies’ financial results, and (iv) the income tax impact of the adjustments. For the purposes of the table and disclosure below, earnings are the same as net income attributable to The GEO Group, Inc. shareholders (in thousands):


	2011		2010
Pro forma revenues	$	1,626,490	$	1,630,155
Pro forma net income attributable to The GEO Group, Inc. shareholders	$	81,954	$	84,907

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Appendix F
-Paragraph F4
-Subparagraph e

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Shareholders' Equity

12 Months Ended

Jan. 01, 2012

Shareholders' Equity [Abstract]

Shareholders' Equity

3.	Shareholders’ Equity

Common Stock

Each holder of the Company’s common stock is entitled to one vote per share on all matters to be voted upon by the Company’s shareholders. Upon any liquidation, dissolution or winding up of the Company, the holders of common stock are entitled to share equally in all assets available for distribution after payment of all liabilities, subject to the liquidation preference of shares of preferred stock, if any, then outstanding. The Company did not pay any cash dividends on its common stock for fiscal years 2011, 2010 or 2009. Future dividends, if any, will depend, on the Company’s future earnings, its capital requirements, its financial condition and on such other factors as the Board of Directors may take into consideration.

Preferred Stock

In April 1994, the Company’s Board of Directors authorized 30 million shares of “blank check” preferred stock. The Board of Directors is authorized to determine the rights and privileges of any future issuance of preferred stock such as voting and dividend rights, liquidation privileges, redemption rights and conversion privileges.

Rights Agreement

On October 9, 2003, the Company entered into a rights agreement with EquiServe Trust Company, N.A., as rights agent. Under the terms of the rights agreement, each share of the Company’s common stock carries with it one preferred share purchase right. If the rights become exercisable pursuant to the rights agreement, each right entitles the registered holder to purchase from the Company one one-thousandth of a share of Series A Junior Participating Preferred Stock at a fixed price, subject to adjustment. Until a right is exercised, the holder of the right has no right to vote or receive dividends or any other rights as a shareholder as a result of holding the right. The rights trade automatically with shares of our common stock, and may only be exercised in connection with certain attempts to acquire the Company. The rights are designed to protect the interests of the Company and its shareholders against coercive acquisition tactics and encourage potential acquirers to negotiate with our Board of Directors before attempting an acquisition. The rights may, but are not intended to, deter acquisition proposals that may be in the interests of the Company’s shareholders.

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) are as follows (in thousands):


	Foreign Currency Translation, Net			Projected Benefit Obligation Recognized in Other Comprehensive Income (Loss)			Gains and Losses on Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance December 28, 2008	$	(5,812	)	$	(1,594	)	$	131		$	(7,275	)
Change in foreign currency translation, net of tax benefit of $1,129		10,658			—			—			10,658
Pension liability adjustment, net of tax expense of $636		—			942			—			942
Unrealized gain on derivative instruments, net of income tax benefit of $645		—			—			1,171			1,171

Balance January 3, 2010		4,846			(652	)		1,302			5,496

Change in foreign currency translation, net of tax expense of $1,313		5,084			—			—			5,084
Pension liability adjustment, net of tax benefit of $232		—			(383	)		—			(383	)
Unrealized loss on derivative instruments, net of income tax benefit of $69		—			—			(126	)		(126	)

Balance January 2, 2011		9,930			(1,035	)		1,176			10,071

Change in foreign currency translation, net of tax expense of $999		(5,852	)		—			—			(5,852	)
Pension liability adjustment, net of tax benefit of $730		—			(1,131	)		—			(1,131	)
Unrealized loss on derivative instruments, net of income tax benefit of $638		—			—			(1,158	)		(1,158	)

Balance January 1, 2012	$	4,078		$	(2,166	)	$	18		$	1,930

Stock Repurchases

On July 14, 2011, the Company announced that its Board of Directors approved a stock repurchase program of up to $100.0 million of its common stock effective through December 31, 2012. The stock repurchase program will be funded primarily with cash on hand, free cash flow, and borrowings under the Company’s Revolving Credit Facility. The stock repurchase program is intended to be implemented through purchases made from time to time in the open market or in privately negotiated transactions, in accordance with applicable securities and stock exchange requirements. The program may also include repurchases from time to time from executive officers or directors of vested restricted stock and/or vested stock options. The stock repurchase program does not obligate the Company to purchase any specific amount of its common stock and may be suspended or extended at any time at the Company’s discretion. During the fiscal year ended January 1, 2012, the Company purchased 3.9 million shares of its common stock at a cost of $75.0 million primarily purchased with proceeds from the Company’s Revolving Credit Facility. The Company believes it has the ability to continue to fund the stock repurchase program, its working capital, its debt service requirements, and its maintenance and growth capital expenditure requirements, while maintaining sufficient liquidity for other corporate purposes.

On February 22, 2010, the Company announced that its Board of Directors approved a stock repurchase program for up to $80.0 million of the Company’s common stock which was effective through March 31, 2011. The stock repurchase program was implemented through purchases made from time to time in the open market or in privately negotiated transactions, in accordance with applicable Securities and Exchange Commission requirements. The program also included repurchases from time to time from executive officers or directors of vested restricted stock and/or vested stock options. The stock repurchase program did not obligate the Company to purchase any specific amount of its common stock and could be suspended or extended at any time at the Company’s discretion. During the fiscal year ended January 2, 2011, the Company completed the program and purchased 4.0 million shares of its common stock at a cost of $80.0 million using cash on hand and cash flow from operating activities. Of the aggregate 4.0 million shares repurchased during the fiscal year ended January 2, 2011, 1.1 million shares were repurchased from executive officers at an aggregate cost of $22.3 million. Also during the fiscal year ended January 2, 2011, the Company repurchased 0.3 million shares of common stock from certain directors and executives for an aggregate cost of $7.1 million. These shares were retired by the Company immediately upon repurchase.

Noncontrolling Interests

Upon acquisition of Cornell in August 2010, the Company assumed MCF as a variable interest entity and allocated a portion of the purchase price to the noncontrolling interest based on the estimated fair value of MCF as of August 12, 2010. The noncontrolling interest in MCF represents 100% of the equity in MCF which was contributed by its partners at inception in 2001. The Company includes the results of operations and financial position of MCF in its consolidated financial statements. MCF owns eleven facilities which it leases to the Company. During the fiscal year ended January 1, 2012, a cash distribution was made to the partners of MCF for $4.0 million.

The Company includes the results of operations and financial position of South African Custodial Management Pty. Limited (“SACM” or the “joint venture”), its majority-owned subsidiary, in its consolidated financial statements. SACM was established in 2001 to operate correctional centers in South Africa. The joint venture currently provides security and other management services for the Kutama Sinthumule Correctional Centre in the Republic of South Africa under a 25-year management contract which commenced in February 2002. The Company’s and the second joint venture partner’s shares in the profits of the joint venture are 88.75% and 11.25%, respectively. There were no changes in the Company’s ownership percentage of the consolidated subsidiary during the fiscal years ended January 1, 2012 or January 2, 2011. There were no contributions from owners or distributions to owners in the fiscal year ended January 1, 2012 or January 2, 2011.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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Reference 20: http://www.xbrl.org/2003/role/presentationRef
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Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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Reference 23: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

+ Details

Equity Incentive Plans

12 Months Ended

Jan. 01, 2012

Equity Incentive Plans [Abstract]

Equity Incentive Plans

4.	Equity Incentive Plans

The Company had awards outstanding under four equity compensation plans at January 1, 2012: The Wackenhut Corrections Corporation 1994 Stock Option Plan (the “1994 Plan”); the 1995 Non-Employee Director Stock Option Plan (the “1995 Plan”); the Wackenhut Corrections Corporation 1999 Stock Option Plan (the “1999 Plan”); and The GEO Group, Inc. 2006 Stock Incentive Plan (the “2006 Plan” and, together with the 1994 Plan, the 1995 Plan and the 1999 Plan, the “Company Plans”).

On August 12, 2010, the Company’s Board of Directors adopted and its shareholders approved an amendment to the 2006 Plan to increase the number of shares of common stock subject to awards under the 2006 Plan by 2,000,000 shares from 2,400,000 to 4,400,000 shares of common stock. On February 16, 2011, the Company’s Board of Directors approved Amendment No. 1 to the 2006 Plan to provide that of the 2,000,000 additional shares of Common Stock that were authorized to be issued pursuant to awards granted under the 2006 Plan, up to 1,083,000 of such shares may be issued in connection with awards, other than stock options and stock appreciation rights, that are settled in common stock. The 2006 Plan, as amended, specifies that up to 2,166,000 of such total shares pursuant to awards granted under the plan may constitute awards other than stock options and stock appreciation rights, including shares of restricted stock. As of January 1, 2012, under the 2006 Plan, the Company had 1,721,504 shares of common stock available for issuance pursuant to future awards that may be granted under the plan of which up to 944,304 shares were available for the issuance of awards other than stock options. See “Restricted Stock” below for further discussion.

Under the terms of the Company Plans, the vesting period and, in the case of stock options, the exercise price per share, are determined by the terms of each plan. All stock options that have been granted under the Company Plans are exercisable at the fair market value of the common stock at the date of the grant. Generally, the stock options vest and become exercisable ratably over a four-year period, beginning immediately on the date of the grant. However, the Board of Directors has exercised its discretion to grant stock options that vest 100% immediately for the Chief Executive Officer. In addition, stock options granted to non-employee directors under the 1995 Plan became exercisable immediately. All stock options awarded under the Company Plans expire no later than ten years after the date of the grant, except for the replacement awards issued in connection with the Cornell acquisition discussed above.

The Company recognized compensation expense related to the Company Plans for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 as follows (in thousands):


	2011		2010		2009
Stock option plan expense	$	2,681	$	1,378	$	1,813
Restricted stock expense	$	3,432	$	3,261	$	3,509

Additional tax benefits realized from tax deductions associated with the exercise of stock options and the vesting of restricted stock activity for 2011, 2010 and 2009 totaled $0.5 million, $3.9 million and $0.6 million, respectively.

Stock Options

A summary of the activity of the Company’s stock options plans is presented below:


	Shares			Wtd. Avg. Exercise Price		Wtd. Avg. Remaining Contractual Term		Aggregate Intrinsic Value
	(In thousands)							(In thousands)
Options outstanding at January 2, 2011		1,401		$	15.01		5.84	$	13,517
Granted		554			24.71
Exercised		(298	)		8.22
Forfeited/Canceled		(56	)		20.33

Options outstanding at January 1, 2012		1,601			19.44		6.73	$	2,778

Options exercisable at January 1, 2012		996			17.05		5.52	$	2,775

The aggregate intrinsic value in the table above represents the total pretax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of fiscal year 2011 and the exercise price, times the number of shares that are “in the money”) that would have been received by the option holders had all option holders exercised their options on January 1, 2012. This amount changes based on the fair value of the company’s stock.

The following table summarizes information relative to stock option activity during the Company’s fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 (in thousands):


	2011		2010		2009
Intrinsic value of options exercised	$	4,718	$	21,095	$	6,218
Fair value of shares vested	$	2,358	$	2,054	$	1,766

The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company Plans at January 1, 2012:


	Options Outstanding						Options Exercisable
Exercise Prices	Number Outstanding		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price		Number Exercisable		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price
	(in thousands)						(in thousands)
3.17 – 3.98		26		1.1	$	3.17		26		1.1	$	3.17
4.67 – 4.90		77		1.3		4.67		77		1.3		4.67
5.30 – 7.70		111		2.5		6.92		111		2.5		6.92
7.83 – 20.63		260		5.8		15.82		223		5.6		15.67
21.07 – 21.56		591		6.7		21.26		451		6.7		21.32
21.64 – 28.24		536		9.2		24.71		108		9.1		24.70

Total		1,601		6.7	$	19.44		996		5.5	$	17.05

The weighted average grant date fair value of options granted during the fiscal years ended January 1, 2012 and January 2, 2011 and January 3, 2010 was $9.75, $6.73 and $7.41 per share, respectively.

The following table summarizes the status of non-vested stock options as of January 1, 2012 and changes during the fiscal year ending January 1, 2012:


	Number of Shares			Wtd. Avg. Grant Date Fair Value
	(In thousands)
Options non-vested at January 2, 2011		356		$	7.37
Granted		554			9.75
Vested		(278	)		8.47
Forfeited		(27	)		8.75

Options non-vested at January 1, 2012		605		$	8.99

As of January 1, 2012, the Company had $4.1 million of unrecognized compensation costs related to non-vested stock option awards that are expected to be recognized over a weighted average period of 2.8 years.

Restricted Stock

Shares of restricted stock become unrestricted shares of common stock upon vesting on a one-for-one basis. The cost of these awards is determined using the fair value of the Company’s common stock on the date of the grant and compensation expense is recognized over the vesting period. The shares of restricted stock granted under the 2006 Plan vest in equal 25% increments on each of the four anniversary dates immediately following the date of grant. A summary of the activity of restricted stock is as follows:


	Shares			Wtd. Avg. Grant date Fair value
	(In thousands)
Restricted stock outstanding at January 2, 2011		161		$	21.12
Granted		381			24.48
Vested		(95	)		22.82
Forfeited/Canceled		(5	)		24.06

Restricted stock outstanding at January 1, 2012		442		$	23.62

As of January 1, 2012, the Company had $7.7 million of unrecognized compensation expense that is expected to be recognized over a weighted average period of 2.4 years.

Employee Stock Purchase Plan

On July 9, 2011, the Company adopted The GEO Group Inc. 2011 Employee Stock Purchase Plan (the “Plan”). The Plan was approved by the Company’s Compensation Committee and Board of Directors on May 4, 2011. The purpose of the Plan, which is qualified under Section 423 of the Internal Revenue Service Code of 1986, as amended, is to encourage stock ownership through payroll deductions by the employees of GEO and designated subsidiaries of GEO in order to increase their identification with the Company’s goals and secure a proprietary interest in its success. These deductions will be used to purchase shares of the Company’s Common Stock at a 5% discount from the then current market price. The Plan is subject to approval by the Company’s shareholders on or before June 29, 2012 and, as such, no shares will be issued until such time as the Plan is approved by the shareholders. If the Plan is approved by the Company’s shareholders, the Company will offer up to 500,000 shares of its common stock for sale to eligible employees.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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-Publisher FASB
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-Topic 718
-SubTopic 40
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

+ Details

Discontinued Operations

12 Months Ended

Jan. 01, 2012

Discontinued Operations [Abstract]

Discontinued operations

5.	Discontinued Operations

On November 7, 2008, the Company announced its receipt of notice for the discontinuation of its contract with the State of Idaho, Department of Correction (“Idaho DOC”) for the housing of approximately 305 out-of-state inmates at the managed-only Bill Clayton Detention Center (the “Detention Center”) effective January 5, 2009. On August 29, 2008, the Company announced its discontinuation of its contract with Delaware County, Pennsylvania for the management of the county-owned 1,883-bed George W. Hill Correctional Facility effective December 31, 2008. The Company recorded revenues of $0.2 million and loss before income taxes of $0.6 million as discontinued operations for the fiscal year ended January 3, 2010.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Property and Equipment

12 Months Ended

Jan. 01, 2012

Property Plant And Equipment [Abstract]

Property and Equipment

6.	Property and Equipment

Property and equipment consist of the following at fiscal year end:


	Useful Life		2011			2010
	(Years)		(In thousands)
Land		—	$	97,674		$	97,393
Buildings and improvements		2 to 50		1,380,757			1,131,895
Leasehold improvements		1 to 29		275,117			260,167
Equipment		3 to 10		119,808			77,906
Furnitures, fixtures and computer software		1 to 7		22,583			18,453
Facility construction in progress				63,974			120,584

Total			$	1,959,913		$	1,706,398
Less accumulated depreciation and amortization				(253,742	)		(195,106	)

Property and equipment, net			$	1,706,171		$	1,511,292

The Company depreciates its leasehold improvements over the shorter of their estimated useful lives or the terms of the leases including renewal periods that are reasonably assured. The Company’s construction in progress primarily consists of development costs associated with the Facility Construction & Design segment for contracts with various federal, state and local agencies for which we have management contracts and also includes facilities under construction that are owned by the Company. Interest capitalized in property and equipment was $3.1 million and $4.1 million for the fiscal years ended January 1, 2012 and January 2, 2011, respectively.

Depreciation expense was $65.3 million, $41.4 million and $36.3 million, respectively, for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010, respectively.

At January 1, 2012 and January 2, 2011, the Company had $18.2 million and $18.2 million of assets recorded under capital leases including $17.5 million related to buildings and improvements and $0.7 million related to equipment. Capital leases are recorded net of accumulated amortization of $5.5 million and $4.7 million, at January 1, 2012 and January 2, 2011, respectively. Depreciation expense related to capital leases for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 was $0.8 million, $0.8 million and $0.8 million, respectively, and is included in Depreciation and Amortization in the accompanying statements of income.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Assets Held for Sale

12 Months Ended

Jan. 01, 2012

Assets Held for Sale [Abstract]

Assets held for sale

7.	Assets Held for Sale

As of January 1, 2012 and January 2, 2011, the Company’s Assets Held for Sale by reportable segment were as follows (in thousands):


	2011		2010
U.S. Corrections & Detention	$	3,455	$	3,083
GEO Care		908		6,887

Total	$	4,363	$	9,970

On March 17, 2008, the Company purchased its former Coke County Juvenile Justice Center. In October 2008, the Company established a formal plan to sell the asset and began active discussions with certain parties interested in purchasing this facility. The Company identified a buyer in 2010 and obtained an update to the buyer’s letter of intent effective through July 30, 2012; however, this sale is subject to the buyer obtaining financing and/or government appropriation. If the buyer is unable to obtain the funds necessary to purchase this facility, the Company will need to locate another buyer. There can be no assurance that the prospective buyer can obtain the financing, no assurance that the Company will be able to locate another buyer in the event that this buyer is not able to obtain the financing and no assurance that this facility will be sold for its carrying value. This facility is included in the segment assets of U.S. Corrections & Detention and was recorded at its net realizable value of $3.1 million at January 1, 2012 and at January 2, 2011.

As of January 1, 2012, the Company has classified four facilities acquired from Cornell on August 12, 2010 as held for sale in its consolidated balance sheet. Three of these facilities have an aggregate carrying value of $0.9 million and are classified with the GEO Care segment assets. One of these facilities, with a carrying value of $0.4 million, is included with the U.S. Corrections & Detention segment assets. Refer to Note 21 —Subsequent Events.

During the fiscal year ended January 1, 2012, the Company sold certain of its facilities classified as Assets Held for Sale as follows:

On August 12, 2010, the Company acquired the International Building in connection with its purchase of Cornell. This facility had a carrying value of $0.5 million and was sold in July 2011 for $0.5 million, net of selling costs.

On August 12, 2010, the Company acquired Washington D.C. Facility in connection with its purchase of Cornell. This facility was classified as held for sale during the Company’s fiscal year ended January 2, 2011, had a carrying value of $6.9 million and was sold in April 2011 for $6.6 million, net of selling costs.

During the fiscal year ended January 2, 2011, the Company sold certain of its facilities classified as Assets Held for Sale as follows:

In conjunction with the acquisition of CSC in November 2005, the Company acquired land associated with a program that had been discontinued by CSC in October 2003. The land, with a corresponding carrying value of $1.3 million, was sold in October 2010 for $2.1 million, net of selling costs.

None of the Company’s Assets Held for Sale were sold during the fiscal year ended January 3, 2010.

Investment in Direct Finance Leases

12 Months Ended

Jan. 01, 2012

Investment in Direct Finance Leases [Abstract]

Investment in Direct Finance Leases

8.	Investment in Direct Finance Leases

The Company’s investment in direct finance leases relates to the financing and management of one Australian facility. The Company’s wholly-owned Australian subsidiary financed the facility’s development with long-term debt obligations, which are non-recourse to the Company.

The future minimum rentals to be received are as follows:


Fiscal Year	Annual Repayment
	(In thousands)
2012	$	8,631
2013		8,770
2014		8,946
2015		9,536
2016		9,906
Thereafter		2,625

Total minimum obligation	$	48,414
Less unearned interest income		(10,944	)
Less current portion of direct finance lease		(5,324	)

Investment in direct finance lease	$	32,146

Derivative Financial Instruments

12 Months Ended

Jan. 01, 2012

Derivative Financial Instruments [Abstract]

Derivative Financial Instruments

9.	Derivative Financial Instruments

As of January 1, 2012, the Company had four interest rate swap agreements (the “Agreements”) in the aggregate notional amount of $100.0 million. The Company has designated these interest rate swaps as hedges against changes in the fair value of a designated portion of the 7³/4% Senior Notes due 2017 (“7³/4% Senior Notes”) due to changes in underlying interest rates. The Agreements, which have payment, expiration dates and call provisions that mirror the terms of the 7³/4% Senior Notes, effectively convert $100.0 million of the 7³/4% Senior Notes into variable rate obligations. Each of the swaps has a termination clause that gives the counterparty the right to terminate the interest rate swaps at fair market value, under certain circumstances. In addition to the termination clause, the Agreements also have call provisions which specify that the lender can elect to settle the swap for the call option price. Under the Agreements, the Company receives a fixed interest rate payment from the financial counterparties to the agreements equal to 7 ³/4% per year calculated on the notional $100.0 million amount, while it makes a variable interest rate payment to the same counterparties equal to the three-month LIBOR plus a fixed margin of between 4.16% and 4.29%, also calculated on the notional $100.0 million amount. Changes in the fair value of the interest rate swaps are recorded in earnings along with related designated changes in the value of the 7³/4% Senior Notes. Total net gains (loss), entirely offset by a corresponding increase (decrease) in the fair value of the variable rate portion of the 7³/4% Senior Notes, recognized and recorded in earnings related to these fair value hedges was $4.1 million, $5.2 million and $(1.9) million in the fiscal periods ended January 1, 2012, January 2, 2011 and January 3, 2010, respectively. As of January 1, 2012 and January 2, 2011, the fair value of the swap assets was $7.4 million and $3.3 million, respectively. There was no material ineffectiveness of these interest rate swaps during the fiscal periods ended January 1, 2012, January 2, 2011 and January 3, 2010.

The Company’s Australian subsidiary is a party to an interest rate swap agreement to fix the interest rate on the variable rate non-recourse debt to 9.7%. The Company has determined the swap, which has a notional amount of $50.9 million, payment and expiration dates, and call provisions that coincide with the terms of the non-recourse debt, to be an effective cash flow hedge. Accordingly, the Company records the change in the value of the interest rate swap in accumulated other comprehensive income, net of applicable income taxes. Total net unrealized gain (loss) recognized in the periods and recorded in accumulated other comprehensive income (loss), net of tax, related to this cash flow hedge was $(1.2) million, $(0.1) million and $1.2 million for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010, respectively. The total value of the swap asset as of January 1, 2012 and January 2, 2011 was $0.0 million and $1.8 million, respectively, and is recorded as a component of other assets in the accompanying consolidated balance sheets. There was no material ineffectiveness of this interest rate swap for the fiscal periods presented. The Company does not expect to enter into any transactions during the next twelve months which would result in the reclassification into earnings or losses associated with this swap currently reported in accumulated other comprehensive income (loss).

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Goodwill and Other Intangible Assets, Net

12 Months Ended

Jan. 01, 2012

Goodwill and Other Intangible Assets, Net [Abstract]

Goodwill and Other Intangible Assets, Net

10.

Goodwill and Other Intangible Assets, Net

Adjustments to goodwill

During the fiscal year ended January 1, 2012, the Company retrospectively adjusted a portion of its goodwill with respect to the BI Acquisition. Such adjustments resulted in a net decrease of $11.6 million to the goodwill that was recorded on February 10, 2011, the acquisition date. These adjustments are included below under “Acquisitions”. Refer to Note 2.

During the fiscal year ended January 1, 2012, the Company retrospectively adjusted a portion of its goodwill with respect to the Cornell Acquisition. Such adjustments resulted in a net decrease of $8.4 million to the goodwill that was recorded as of January 2, 2011. As required by US GAAP, adjustments to provisional goodwill recognized in a business combination must be presented as if the accounting had been complete at the acquisition date. As such, the Company has revised comparative information for prior periods presented in the financial statements and has included the impact of these adjustments in the balance as of January 2, 2011 in the table below and on the accompanying consolidated balance sheet as of January 2, 2011. Refer to Note 2.

Changes in the Company’s goodwill balances recognized during the fiscal year ended January 1, 2012 were as follows (in thousands):


	January 2, 2011		Acquisitions		Foreign currency translation			January 1, 2012
U.S. Corrections & Detention	$	170,376	$	—	$	—		$	170,376
GEO Care		65,456		271,473		—			336,929
International Services		762		—		(1	)		761

Total Goodwill	$	236,594	$	271,473	$	(1	)	$	508,066

The strategic benefits of the goodwill generated in the Company’s business combinations include increased scale and diversification of service offerings. Goodwill resulting from business combinations includes the excess of the Company’s purchase price over net assets of BI acquired of $271.5 million.

Intangible assets consisted of the following as of January 1, 2012 and January 2, 2011 (in thousands):


	2011							2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Facility management contracts	$	158,604	$	(22,985	)	$	135,619	$	93,904	$	(10,504	)	$	83,400
Covenants not to compete		8,570		(6,347	)		2,223		7,170		(2,757	)		4,413
Technology		21,200		(2,700	)		18,500		—		—			—
Trade names		44,000		—			44,000		—		—			—

Total acquired intangible assets	$	232,374	$	(32,032	)	$	200,342	$	101,074	$	(13,261	)	$	87,813

On February 10, 2011, the Company acquired BI and recorded identifiable intangible assets as follows:


	Weighted Average Useful Life		Intangible Assets Acquired
	(Years)		(In thousands)
Facility management contracts		13.0	$	65,200
Covenants not to compete		2.0		1,400
Technology		7.0		21,200
Trade names		Indefinite		44,000

Total acquired intangible assets		11.4	$	131,800

Amortization expense was $18.8 million, $5.7 million and $2.0 million for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010, respectively, and primarily related to the U.S. Corrections & Detention and GEO Care segments’ amortization of intangible assets for acquired management contracts. As of January 1, 2012, the weighted average period before the next contract renewal or extension for the facility management contracts acquired from BI was approximately 1.1 years and for all of the facility management contracts, including BI, was approximately 1.3 years. Although the facility management contracts acquired have renewal and extension terms in the near term, the Company has historically maintained these relationships beyond the contractual periods.

Estimated amortization expense related to the Company’s finite-lived intangible assets for fiscal year 2012 through fiscal year 2016 and thereafter is as follows (in thousands):


Fiscal Year	Total Expense Amortization
2012	$	18,108
2013		15,197
2014		14,981
2015		14,950
2016		14,858
Thereafter		78,248

	$	156,342

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Financial Instruments

12 Months Ended

Jan. 01, 2012

Financial Instruments [Abstract]

Financial Instruments

11.

Financial Instruments

The following table provides a summary of the Company’s significant financial assets and liabilities carried at fair value and measured on a recurring basis (in thousands):


			Fair Value Measurements at January 1, 2012
	Carrying Value at January 1, 2012		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Interest rate swap derivative assets	$	7,440	$	—	$	7,440	$	—
Restricted investments:
Guaranteed Investment Contract	$	5,742	$	—	$	5,742	$	—
Guaranteed Repurchase Agreements	$	33,821	$	—	$	33,821	$	—
Rabbi Trust	$	8,016	$	5,898	$	2,118	$	—
Fixed income securities	$	2,013	$	—	$	2,013	$	—


			Fair Value Measurements at January 2, 2011
	Carrying Value at January 2, 2011		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Interest rate swap derivative assets	$	5,131	$	—	$	5,131	$	—
Restricted investments:
Guaranteed Investment Contract	$	5,742	$	—	$	5,742	$	—
Rabbi Trust	$	6,168	$	6,168	$	—	$	—
Fixed income securities	$	1,791	$	—	$	1,791	$	—

The Company’s Level 1 investment relates to its rabbi trust established for GEO employee and employer contributions to The GEO Group Inc. Non-qualified Deferred Compensation Plan. Although in 2011, a portion of the rabbi trust is considered a Level 2 investment, these contributions are primarily invested in mutual funds for which quoted market prices in active markets are available. The Company’s restricted investment in the rabbi trust is measured at fair value on a recurring basis.

The Company’s Level 2 financial instruments included in the table above as of January 1, 2012 and January 2, 2011 consist of a portion of the company’s rabbi trust, an interest rate swap asset held by our Australian subsidiary, other interest rate swap assets of the Company, an investment in Canadian dollar denominated fixed income securities, a guaranteed investment contract which is a restricted investment related to CSC of Tacoma LLC and an Investment Repurchase Agreement (“Repo Agreement”) relative to MCF, the Company’s consolidated VIE. During the fiscal year ended January 1, 2012, MCF entered into the Repo Agreement to establish an investment for its debt service reserve fund and bond fund payment account. The Repo Agreement consists of a guaranteed investment in the principal amount of $23.9 million related to the debt service reserve fund and a second guaranteed investment related to the bond fund payment account which was $9.9 million as of January 1, 2012. Both of these investments are restricted to eligible investments as defined in 8.47% Revenue Bond indenture (refer to Note 14) and mature on August 1, 2016. As of January 1, 2012, the Repo Agreement is included above as a Level 2 restricted investment since its fair value is based using market interest rates for similar securities. A portion of the rabbi trust is invested in interest bearing assets, such as long term bonds, which are valued using market interest rates for similar securities. The Australian subsidiary’s interest rate swap asset is valued using a discounted cash flow model based on projected Australian borrowing rates. The Company’s other interest rate swap assets and liabilities are based on pricing models which consider prevailing interest rates, credit risk and similar instruments. All of the Company’s interest rate swap derivatives were in the Company’s favor as of January 1, 2012 and January 2, 2011. The Canadian dollar denominated securities, not actively traded, are valued using quoted rates for these and similar securities. The restricted investment in the guaranteed investment contract is valued using quoted rates for these and similar instruments.

Fair Value of Assets and Liabilities

12 Months Ended

Jan. 01, 2012

Fair Value of Assets and Liabilities [Abstract]

Fair Value of Assets and Liabilities

12.

Fair Value of Assets and Liabilities

The Company’s balance sheet reflects certain financial instruments at carrying value. The following table presents the carrying values of those instruments and the corresponding fair values (in thousands):


	January 1, 2012
	Carrying Value		Estimated Fair Value
Assets:
Cash and cash equivalents	$	44,753	$	44,753
Restricted cash		52,868		52,868
Liabilities:
Borrowings under the Senior Credit Facility	$	782,962	$	785,917
7³/ 4% Senior Notes		247,141		262,033
6.625% Senior Notes		300,000		300,375
Non-Recourse Debt, Australian subsidiary		40,345		41,347
Other Non-Recourse Debt, including current portion		201,453		206,712


	January 2, 2011
	Carrying Value		Estimated Fair Value
Assets:
Cash and cash equivalents	$	39,664	$	39,664
Restricted cash		78,732		78,732
Liabilities:
Borrowings under the Senior Credit Facility	$	557,758	$	562,610
7³/ 4% Senior Notes		250,078		265,000
Non-Recourse Debt, Australian subsidiary		46,300		46,178
Other Non-Recourse Debt, including current portion		176,384		180,340

The fair values of the Company’s Cash and cash equivalents, and Restricted cash approximate the carrying values of these assets at January 1, 2012 and January 2, 2011 due to the short-term nature of these instruments. Restricted cash consists of debt service funds used for payments on the Company’s non-recourse debt. The fair values of 7³/4% Senior Notes, our 6.625% senior unsecured notes due 2021 (“6.625% Senior Notes”), and certain non-recourse debt are based on market prices, where available, or similar instruments. The fair value of the non-recourse debt related to the Company’s Australian subsidiary is estimated using a discounted cash flow model based on current Australian borrowing rates for similar instruments. The fair value of the non-recourse debt related to MCF is estimated using a discounted cash flow model based on the Company’s current borrowing rates for similar instruments. The fair value of the borrowings under the Senior Credit Facility is based on an estimate of trading value considering the company’s borrowing rate, the undrawn spread and similar market instruments.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

Accrued Expenses

12 Months Ended

Jan. 01, 2012

Accrued Expenses [Abstract]

Accrued Expenses

13.

Accrued Expenses

Accrued expenses consisted of the following (in thousands):


	2011		2010
Accrued interest	$	18,072	$	12,153
Accrued bonus		8,849		12,825
Accrued insurance		52,437		44,237
Accrued property and other taxes		12,959		13,526
Construction retainage		8,247		2,012
Other		26,293		33,719

Total	$	126,857	$	118,472

Debt

12 Months Ended

Jan. 01, 2012

Debt [Abstract]

Debt

14.

Debt

Debt consisted of the following (in thousands):


	2011			2010
Capital Lease Obligations	$	14,171		$	14,470
Senior Credit Facility:
Term loans		482,500			347,625
Discount on term loan		(1,538	)		(1,867	)
Revolver		302,000			212,000

Total Senior Credit Facility	$	782,962		$	557,758
6.625% Senior Notes:
Notes Due in 2021	$	300,000		$	—
7³/4% Senior Notes:
Notes Due in 2017	$	250,000		$	250,000
Discount on Notes		(2,859	)		(3,227	)
Swap on Notes		7,411			3,305

Total 7³/4% Senior Notes	$	254,552		$	250,078
Non-Recourse Debt :
Non-Recourse Debt	$	235,430		$	212,445
Premium on Non-Recourse Debt		8,304			11,403
Discount on Non-Recourse Debt		(1,936	)		(1,164	)

Total Non-Recourse Debt		241,798			222,684
Other debt		870			—

Total debt	$	1,594,353		$	1,044,990

Current portion of capital lease obligations, long-term debt and non-recourse debt		(53,666	)		(41,574	)
Capital Lease Obligations, long-term portion		(13,087	)		(13,686	)
Non-Recourse Debt		(208,532	)		(191,394	)

Long-Term Debt	$	1,319,068		$	798,336

Senior Credit Facility

On August 4, 2010, the Company terminated its Third Amended and Restated Credit Agreement (“Prior Senior Credit Agreement”) and entered into a new Credit Agreement (the “Senior Credit Facility”), by and among GEO, as Borrower, BNP Paribas, as Administrative Agent, and the lenders who are, or may from time to time become, a party thereto. On August 4, 2010, the Company borrowed approximately $280.0 million in aggregate proceeds from the Term Loan B and the Revolver primarily to repay existing borrowings and accrued interest under its Prior Senior Credit Agreement of $267.7 million and also used $6.7 million for financing fees related to the Senior Credit Facility. The Company received, as cash, the remaining proceeds of $3.2 million. The Company has accounted for the termination of its Prior Senior Credit Agreement as an extinguishment of debt. In connection with repayment of all outstanding borrowings and the termination of the Prior Senior Credit Agreement, the Company wrote-off $7.9 million of associated deferred financing fees in its third fiscal quarter of 2010. On August 12, 2010, in connection with the Cornell Acquisition, the Company used aggregate proceeds of $290.0 million from the Term Loan A and the Revolver primarily to repay Cornell’s obligations plus accrued interest under its revolving line of credit due December 2011 of $67.5 million, to repay its obligations plus accrued interest under the existing 10.75% senior notes due July 2012 of $114.4 million, to pay $14.0 million in transaction costs and to pay the cash component of the merger consideration of $84.9 million.

On February 8, 2011, the Company entered into Amendment No. 1 (“Amendment No. 1”), to the Senior Credit Facility. Amendment No. 1, among other things amended certain definitions and covenants relating to the total leverage ratios and the senior secured leverage ratios set forth in the Senior Credit Facility. This amendment increased the Company’s borrowing capacity under the Revolver by $100.0 million and increased the term loans, through the issuance of Term Loan A-2, by $150.0 million for an aggregate increase of $250.0 million. On February 10, 2011, incremental borrowings of $150.0 million under the Company’s amended Senior Credit Facility along with proceeds from the Company’s $300.0 million offering of the 6.625% Senior Notes were used to finance the acquisition of BI.

On May 2, 2011, the Company executed Amendment No. 2 to its Senior Credit Facility (“Amendment No. 2”). As a result of this amendment, relative to the Company’s Term Loan B, the Applicable Rate, as defined, was reduced to 2.75% per annum from 3.25% per annum in the case of Eurodollar loans and to 1.75% per annum from 2.25% per annum in the case of ABR loans and the LIBOR floor was reduced to 1.00% from 1.50%. As of January 1, 2012, the Senior Credit Facility was comprised of: (i) a $150.0 million Term Loan A due August 2015 (“Term Loan A”), currently bearing interest at LIBOR plus 3.00% and maturing August 4, 2015, (ii) a $150.0 million Term Loan A-2 due August 2015 (“Term Loan A-2”), currently bearing interest at LIBOR plus 3.00% and maturing August 4, 2015, (iii) a $200.0 million Term Loan B due August 2016 (“Term Loan B”) currently bearing interest at LIBOR plus 2.75% with a LIBOR floor of 1.00% and maturing August 4, 2016, and (iv) a $500.0 million Revolving Credit Facility due August 2015 (“Revolver”) currently bearing interest at LIBOR plus 3.00% and maturing August 4, 2015.

As of January 1, 2012, the Company had $481.0 million in aggregate borrowings outstanding, net of discount, under the Term Loan A, Term Loan A-2 and Term Loan B, $302.0 million in borrowings under the Revolver, approximately $58.6 million in letters of credit and $139.4 million in additional borrowing capacity under the Revolver. The weighted average interest rates on outstanding borrowings under the Senior Credit Facility as of January 1, 2012 and January 2, 2011 was 3.4% and 3.5%, respectively. In connection the borrowings under the Senior Credit Facility, as of January 1, 2012, the Company has $10.2 million of deferred financing fees, net of accumulated amortization, included in Other Non-Current Assets in the accompanying consolidated balance sheet.

Indebtedness under the Revolver, the Term Loan A and the Term Loan A-2 bears interest based on the Total Leverage Ratio as of the most recent determination date, as defined, in each of the instances below at the stated rate:


		Interest Rate under the Revolver and Term Loan A
LIBOR borrowings		LIBOR plus 2.00% to 3.00%.
Base rate borrowings		Prime Rate plus 1.00% to 2.00%.
Letters of credit		2.00% to 3.00%.
Unused Revolver		0.375% to 0.50%.

The Senior Credit Facility contains certain customary representations and warranties, and certain customary covenants that restrict the Company’s ability to, among other things as permitted (i) create, incur or assume indebtedness, (ii) create, incur, assume or permit liens, (iii) make loans and investments, (iv) engage in mergers, acquisitions and asset sales, (v) make restricted payments, (vi) issue, sell or otherwise dispose of capital stock, (vii) engage in transactions with affiliates, (viii) allow the total leverage ratio or senior secured leverage ratio to exceed certain maximum ratios or allow the interest coverage ratio to be less than a certain ratio, (ix) cancel, forgive, make any voluntary or optional payment or prepayment on, or redeem or acquire for value any senior notes, (x) alter the business the Company conducts, and (xi) materially impair the Company’s lenders’ security interests in the collateral for its loans.

The Company must not exceed the following Total Leverage Ratios, as computed at the end of each fiscal quarter for the immediately preceding four quarter-period:


Period	Total Leverage Ratio — Maximum Ratio
Through and including the last day of fiscal year 2011		5.25 to 1.00
First day of fiscal year 2012 through and including the last day of fiscal year 2012		5.00 to 1.00
First day of fiscal year 2013 through and including the last day of fiscal year 2013		4.75 to 1.00
Thereafter		4.25 to 1.00

The Senior Credit Facility also does not permit the Company to exceed the following Senior Secured Leverage Ratios, as computed at the end of each fiscal quarter for the immediately preceding four quarter-period:


Period	Senior Secured Leverage Ratio — Maximum Ratio
Through and including the last day of the Second Quarter of fiscal year 2012		3.25 to 1.00
First day of the Third Quarter of fiscal year 2012 through and including the last day of the Second Quarter of fiscal year 2013		3.00 to 1.00
Thereafter		2.75 to 1.00

Additionally, there is an Interest Coverage Ratio under which the lenders will not permit a ratio of less than 3.00 to 1.00 relative to (a) Adjusted EBITDA for any period of four consecutive fiscal quarters to (b) Interest Expense, less that attributable to non-recourse debt of unrestricted subsidiaries.

Events of default under the Senior Credit Facility include, but are not limited to, (i) the Company’s failure to pay principal or interest when due, (ii) the Company’s material breach of any representations or warranty, (iii) covenant defaults, (iv) liquidation, reorganization or other relief relating to bankruptcy or insolvency, (v) cross default under certain other material indebtedness, (vi) unsatisfied final judgments over a specified threshold, (vii) material environmental liability claims which have been asserted against the Company, and (viii) a change in control. All of the obligations under the Senior Credit Facility are unconditionally guaranteed by certain of the Company’s subsidiaries and secured by substantially all of the Company’s present and future tangible and intangible assets and all present and future tangible and intangible assets of each guarantor, including but not limited to (i) a first-priority pledge of substantially all of the outstanding capital stock owned by the Company and each guarantor, and (ii) perfected first-priority security interests in substantially all of the Company’s, and each guarantors, present and future tangible and intangible assets and the present and future tangible and intangible assets of each guarantor. The Company’s failure to comply with any of the covenants under its Senior Credit Facility could cause an event of default under such documents and result in an acceleration of all outstanding senior secured indebtedness. The Company believes it was in compliance with all of the covenants of the Senior Credit Facility as of January 1, 2012.

6.625% Senior Notes

On February 10, 2011, the Company completed a private offering of $300.0 million in aggregate principal amount of 6.625% senior unsecured notes due 2021. These senior unsecured notes pay interest semi-annually in cash in arrears on February 15 and August 15, beginning on August 15, 2011. The Company realized net proceeds of $293.3 million upon the closing of the transaction and used the net proceeds of the offering, together with borrowings of $150.0 million under the Senior Credit Facility, to finance the BI Acquisition. The remaining net proceeds from the offering were used for general corporate purposes. On August 22, 2011, the Company completed its exchange offer for the full $300,000,000 aggregate principal amount of its 6.625% Senior Notes due 2021, and the guarantees thereof, which were registered under the Securities Act of 1933, as amended, for a like amount of the outstanding 6.625% Senior Notes. The terms of the notes exchanged are identical to the notes originally issued in the private offering, except that the transfer restrictions, registration rights and additional interest provisions relating to a registration rights default will not apply to the registered notes exchanged. The Company did not receive any proceeds from the exchange offer.

The 6.625% Senior Notes are guaranteed by certain subsidiaries and are unsecured, senior obligations of the Company and these obligations rank as follows: pari passu with any unsecured, senior indebtedness of the Company and the guarantors, including the 7³ /4% Senior Notes (see below); senior to any future indebtedness of the Company and the guarantors that is expressly subordinated to the 6.625% Senior Notes and the guarantees; effectively junior to any secured indebtedness of the Company and the guarantors, including indebtedness under its Senior Credit Facility, to the extent of the value of the assets securing such indebtedness; and structurally junior to all obligations of the Company’s subsidiaries that are not guarantors.

On or after February 15, 2016, the Company may, at its option, redeem all or part of the 6.625% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest and liquidated damages, if any, on the 6.625% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on February 15 of the years indicated below:


Year	Percentage
2016		103.3125	%
2017		102.2083	%
2018		101.1042	%
2019 and thereafter		100.0000	%

Before February 15, 2016, the Company may redeem some or all of the 6.625% Senior Notes at a redemption price equal to 100% of the principal amount of each note to be redeemed plus a “make whole” premium, together with accrued and unpaid interest and liquidated damages, if any, to the date of redemption. In addition, at any time before February 15, 2014, the Company may redeem up to 35% of the aggregate principal amount of the 6.625% Senior Notes with the net cash proceeds from specified equity offerings at a redemption price equal to 106.625% of the principal amount of each note to be redeemed, plus accrued and unpaid interest and liquidated damages, if any, to the date of redemption.

The indenture governing the notes contains certain covenants, including limitations and restrictions on the Company and its restricted subsidiaries’ ability to: incur additional indebtedness or issue preferred stock; make dividend payments or other restricted payments; create liens; sell assets; enter into transactions with affiliates; and enter into mergers, consolidations or sales of all or substantially all of the Company’s assets. As of the date of the indenture, all of the Company’s subsidiaries, other than certain dormant domestic and other subsidiaries and all foreign subsidiaries in existence on the date of the indenture, were restricted subsidiaries. The Company’s failure to comply with certain of the covenants under the indenture governing the 6.625% Senior Notes could cause an event of default of any indebtedness and result in an acceleration of such indebtedness. In addition, there is a cross-default provision which becomes enforceable upon failure of payment of indebtedness at final maturity. The Company’s unrestricted subsidiaries will not be subject to any of the restrictive covenants in the indenture. The Company believes it was in compliance with all of the covenants of the indenture governing the 6.625% Senior Notes as of January 1, 2012.

7³/4% Senior Notes

On October 20, 2009, the Company completed a private offering of $250.0 million in aggregate principal amount of its 7³/4% Senior Notes due 2017. These senior unsecured notes pay interest semi-annually in cash in arrears on April 15 and October 15 of each year, beginning on April 15, 2010. The Company realized net proceeds of $246.4 million at the close of the transaction, net of the discount on the notes of $3.6 million. The Company used the net proceeds of the offering to fund the repurchase of all of its 8¹ /4% Senior Notes due 2013 and pay down part of the Revolving Credit Facility under its Prior Senior Credit Agreement. On October 21, 2010, the Company completed its exchange offer for the full $250,000,000 aggregate principal amount of its 7³/4 % Senior Notes due 2017, and the guarantees thereof, which were registered under the Securities Act of 1933, as amended, for a like amount of the outstanding 7³/4% Senior Notes. The terms of the notes exchanged are identical to the notes originally issued in the private offering, except that the transfer restrictions, registration rights and additional interest provisions relating to a registration rights default will not apply to the registered notes exchanged. The Company did not receive any proceeds from the exchange offer.

The 7³/4% Senior Notes are guaranteed by certain subsidiaries and are unsecured, senior obligations of The GEO Group Inc., and these obligations rank as follows: pari passu with any unsecured, senior indebtedness of GEO and the guarantors, including the 6.625% Senior Notes; senior to any future indebtedness of GEO and the guarantors that is expressly subordinated to the notes and the guarantees; effectively junior to any secured indebtedness of GEO and the guarantors, including indebtedness under the Company’s Senior Credit Facility, to the extent of the value of the assets securing such indebtedness; and effectively junior to all obligations of the Company’s subsidiaries that are not guarantors.

On or after October 15, 2013, the Company may, at its option, redeem all or a part of the 7³/4% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest and liquidated damages, if any, on the 7³/4% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on October 15 of the years indicated below:


Year	Percentage
2013		103.875	%
2014		101.938	%
2015 and thereafter		100.000	%

Before October 15, 2013, the Company may redeem some or all of the 7³/4% Senior Notes at a redemption price equal to 100% of the principal amount of each note to be redeemed plus a make-whole together with accrued and unpaid interest and liquidated damages, if any. In addition, at any time on or prior to October 15, 2012, the Company may redeem up to 35% of the notes with the net cash proceeds from specified equity offerings at a redemption price equal to 107.750% of the principal amount of each note to be redeemed, plus accrued and unpaid interest, if any, to the date of redemption.

The indenture governing the notes contains certain covenants, including limitations and restrictions on the Company’s and its restricted subsidiaries’ ability to: incur additional indebtedness or issue preferred stock; make dividend payments or other restricted payments; create liens; sell assets; enter into transactions with affiliates; and enter into mergers, consolidations, or sales of all or substantially all of the Company’s assets. As of the date of the indenture, all of the Company’s subsidiaries, other than certain dormant domestic subsidiaries and all foreign subsidiaries in existence on the date of the indenture, were restricted subsidiaries. The Company’s failure to comply with certain of the covenants under the indenture governing the 7³/4% Senior Notes could cause an event of default of any indebtedness and result in an acceleration of such indebtedness. In addition, there is a cross-default provision which becomes enforceable upon failure of payment of indebtedness at final maturity. The Company’s unrestricted subsidiaries will not be subject to any of the restrictive covenants in the indenture. The Company believes it was in compliance with all of the covenants of the Indenture governing the 7³/4% Senior Notes as of January 1, 2012.

Non-Recourse Debt

South Texas Detention Complex

The Company has a debt service requirement related to the development of the South Texas Detention Complex, a 1,904-bed detention complex in Frio County, Texas acquired in November 2005 from Correctional Services Corporation (“CSC”). CSC was awarded the contract in February 2004 by the Department of Homeland Security, U.S. Immigration and Customs Enforcement (“ICE”) for development and operation of the detention center. In order to finance the construction of the complex, STLDC was created and issued $49.5 million in taxable revenue bonds. These bonds mature in February 2016 and have fixed coupon rates between 4.63% and 5.07%. Additionally, the Company is owed $5.0 million in the form of subordinated notes by STLDC which represents the principal amount of financing provided to STLDC by CSC for initial development.

The Company has an operating agreement with STLDC, the owner of the complex, which provides it with the sole and exclusive right to operate and manage the detention center. The operating agreement and bond indenture require the revenue from the contract with ICE to be used to fund the periodic debt service requirements as they become due. The net revenues, if any, after various expenses such as trustee fees, property taxes and insurance premiums are distributed to the Company to cover operating expenses and management fees. The Company is responsible for the entire operation of the facility including the payment of all operating expenses whether or not there are sufficient revenues. STLDC has no liabilities resulting from its ownership. The bonds have a ten-year term and are non-recourse to the Company and STLDC. The bonds are fully insured and the sole source of payment for the bonds is the operating revenues of the center. At the end of the ten-year term of the bonds, title and ownership of the facility transfers from STLDC to the Company. The Company has determined that it is the primary beneficiary of STLDC and consolidates the entity as a result. The carrying value of the facility as of January 1, 2012 and January 2, 2011 was $26.4 million and $27.0 million, respectively, and is included in property and equipment in the accompanying balance sheets.

On February 1, 2011, STLDC made a payment from its restricted cash account of $4.8 million for the current portion of its periodic debt service requirement in relation to the STLDC operating agreement and bond indenture. As of January 1, 2012, the remaining balance of the debt service requirement under the STLDC financing agreement is $27.3 million, of which $5.0 million is due within the next twelve months. Also, as of January 1, 2012, included in current restricted cash and non-current restricted cash is $6.2 million and $19.2 million, respectively, of funds held in trust with respect to the STLDC for debt service and other reserves.

Northwest Detention Center

On June 30, 2003, CSC arranged financing for the construction of a detention center in Tacoma, Washington, referred to as the Northwest Detention Center, which was completed and opened for operation in April 2004. The Company began to operate this facility following its acquisition of CSC in November 2005 (this facility was expanded by GEO in 2009 to 1,575 beds from the original 1,030 beds). In connection with the original financing, CSC formed a special purpose entity, CSC of Tacoma, LLC, of which CSC is the only member, the sole purpose of which is to own, operate, mortgage, lease, finance, refinance and otherwise deal with this facility. CSC of Tacoma, LLC owns the facility, as well as all of its other assets; the Company provides detention, transportation and related services for the United States Government from this facility pursuant to a Use Agreement between the Company and CSC of Tacoma, LLC. The assets of CSC of Tacoma, LLC are owned by CSC of Tacoma, LLC and are included in the consolidated financial statements of the Company in accordance with generally accepted accounting principles. The assets and liabilities of CSC of Tacoma, LLC are recognized on the CSC of Tacoma, LLC balance sheet.

In connection with the original financing, CSC of Tacoma, LLC, a wholly owned subsidiary of CSC, issued a $57.0 million note payable to the Washington Economic Development Finance Authority (“WEDFA”), an instrumentality of the State of Washington, which issued revenue bonds and subsequently loaned the proceeds of the bond issuance back to CSC for the purposes of constructing the Northwest Detention Center. The proceeds of the loan were disbursed into escrow accounts held in trust to be used to pay the issuance costs for the revenue bonds, to construct the Northwest Detention Center and to establish debt service and other reserves. The bonds are non-recourse to the Company and the loan from WEDFA to CSC is non-recourse to the Company. These bonds mature in February 2014 and have fixed coupon rates between 4.00% and 4.10%. On October 3, 2011, CSC of Tacoma, LLC made a payment from its restricted cash account of $6.1 million for the current portion of its periodic debt service requirement in relation to the WEDFA bond indenture. As of January 1, 2012, the remaining balance of the debt service requirement relative to the original financing is $19.7 million, of which $6.3 million is classified as current in the accompanying balance sheet.

On December 9, 2011, WEDFA issued $54.4 million of its Washington Economic Development Finance Authority Taxable Economic Development Revenue Bonds, series 2011 (“2011 Revenue Bonds”). The bonds were rated AA- by Standard & Poor’s Ratings Services and the scheduled payment of principal and interest is guaranteed by municipal bond insurance issued by Assured Guaranty Municipal Corp. The 2011 Revenue Bonds have an average all-in cost of approximately 6.4%, including debt issuance costs and the bond discount, and maturity dates ranging from October 1, 2014 through October 1, 2021. The 2011 Revenue Bonds were issued to provide funds to make a loan to CSC of Tacoma, LLC for purposes of reimbursing GEO for costs incurred by GEO for the 2009 expansion of the Northwest Detention Facility and paying the costs of issuing the 2011 Revenue Bonds. The payment of principal and interest on the bonds is non-recourse to GEO. None of the bonds nor CSC’s obligations under the loan are obligations of GEO nor are they guaranteed by GEO.

As of January 1, 2012, included in current restricted cash and non-current restricted cash is $7.1 million and $2.2 million, respectively, of funds held in trust with respect to the Northwest Detention Center for debt service and other reserves which had not been released to the Company as of January 1, 2012.

MCF

MCF, one of the Company’s consolidated variable interest entities, is obligated for the outstanding balance of its 8.47% Revenue Bonds. These bonds bear interest at a rate of 8.47% per annum and are payable in semi-annual installments of interest and annual installments of principal. All unpaid principal and accrued interest on the bonds is due on the earlier of August 1, 2016 (maturity) or as noted under the bond documents. The bonds are limited, non-recourse obligations of MCF and are collateralized by the property and equipment, bond reserves, assignment of subleases and substantially all assets related to the facilities owned by MCF. The bonds are not guaranteed by the Company or its subsidiaries. As of January 1, 2012, the aggregate principal amount of these bonds was $77.9 million, excluding premium of $8.3 million and net of the current portion of $15.8 million. As of January 2, 2011, the aggregate principal amount of these bonds was $93.7 million, excluding premium of $11.4 million and net of the current portion of $14.6 million. These balances are included as Non-Recourse Debt on the accompanying consolidated balance sheets.

The 8.47% Revenue Bond indenture provides for the establishment and maintenance by MCF for the benefit of the trustee under the indenture of a debt service reserve fund. As of January 1, 2012, the debt service reserve fund has a balance of $23.9 million. The debt service reserve fund is available to the trustee to pay debt service on the 8.47% Revenue Bonds when needed, and to pay final debt service on the 8.47% Revenue Bonds. If MCF is in default in its obligation under the 8.47% Revenue Bonds indenture, the trustee may declare the principal outstanding and accrued interest immediately due and payable. MCF has the right to cure a default of non-payment obligations. The 8.47% Revenue Bonds are subject to extraordinary mandatory redemption in certain instances upon casualty or condemnation. The 8.47% Revenue Bonds may be redeemed at the option of MCF prior to their final scheduled payment dates at par plus accrued interest plus a make-whole premium.

As of January 1, 2012, included in current restricted cash and investments and non-current restricted cash and investments is $29.2 million and $19.7 million, respectively, of funds held in trust with respect to MCF for debt service and distributions.

Australia

The Company’s wholly-owned Australian subsidiary financed the development of a facility and subsequent expansion in 2003 with long-term debt obligations. These obligations are non-recourse to the Company and total $40.3 million (AUD 39.5 million) and $46.3 million (AUD 45.2 million) at January 1, 2012 and January 2, 2011, respectively. The term of the non-recourse debt is through 2017 and it bears interest at a variable rate quoted by certain Australian banks plus 140 basis points. Any obligations or liabilities of the subsidiary are matched by a similar or corresponding commitment from the government of the State of Victoria. As a condition of the loan, the Company is required to maintain a restricted cash balance of AUD 5.0 million, which, at January 1, 2012, was $5.1 million. This amount is included in non-current restricted cash and the annual maturities of the future debt obligation are included in Non-Recourse Debt.

Debt Repayment

Debt repayment schedules under Capital Lease Obligations, Long-Term Debt, Non-Recourse Debt and the Senior Credit Facility are as follows:


Fiscal Year	Capital Leases			Long-Term Debt			Non- Recourse Debt			Revolver		Term Loans			Total Annual Repayment
	(In thousands)
2012	$	2,185		$	441		$	33,266		$	—	$	18,875		$	54,767
2013		2,181			230			35,599			—		33,875			71,885
2014		1,959			168			42,960			—		73,250			118,337
2015		1,932			16			40,117			302,000		214,000			558,065
2016		1,935			4			43,078			—		142,500			187,517
Thereafter		10,907			550,011			40,410			—		—			601,328

	$	21,099		$	550,870		$	235,430		$	302,000	$	482,500		$	1,591,899

Interest imputed on Capital Leases		(6,928	)		—			—			—		—			(6,928	)
Original issuer’s discount		—			(2,859	)		(1,936	)		—		(1,538	)		(6,333	)
Fair value premium on Non-Recourse Debt		—			—			8,304			—		—			8,304
Interest rate swap		—			7,411			—			—		—			7,411
Current portion		(1,084	)		(441	)		(33,266	)		—		(18,875	)		(53,666	)

Non-current portion	$	13,087		$	554,981		$	208,532		$	302,000	$	462,087		$	1,540,687

Guarantees

In connection with the creation of SACS, the Company entered into certain guarantees related to the financing, construction and operation of the prison. The Company guaranteed certain obligations of SACS under its debt agreements to SACS’ senior lenders through the issuance of letters of credit for 60.0 million South African Rand. During the fiscal year ended January 1, 2012, the Company was notified by SACS’ lenders that these guarantees were reduced from 60.0 million South African Rand to 34.8 million South African Rand, or $4.3 million. Additionally, SACS was required to fund a Rectification Account for the repayment of certain costs in the event of contract termination. As such, the Company had guaranteed the payment of 60% of amounts which may have been payable by SACS into the Rectification Account by providing a standby letter of credit of 8.4 million South African Rand as security for this guarantee. During the fiscal year ended January 1, 2012, SACS met its obligation for the funding of the Rectification Account and the letter of credit for 8.4 million South African Rand relative to this guarantee was not renewed. In the event SACS is unable to maintain the required funding in the Rectification Account, the guarantee for the shortfall will need to be re-instated. No amounts were drawn against these letters of credit. The remaining guarantee of 34.8 million South African Rand is included as part of the value of Company’s outstanding letters of credit under its Revolver as of January 1, 2012.

In addition to the above, the Company has also agreed to provide a loan, of up to 20.0 million South African Rand, or $2.5 million, referred to as the Shareholder’s Loan, to SACS for the purpose of financing SACS’ obligations under its contract with the South African government. No amounts have been funded under the Shareholder’s Loan, and the Company does not currently anticipate that such funding will be required by SACS in the future. The Company’s obligations under the Shareholder’s Loan expire upon the earlier of full funding or SACS’s release from its obligations under its debt agreements. The lenders’ ability to draw on the Shareholder’s Loan is limited to certain circumstances, including termination of the contract.

The Company has also guaranteed certain obligations of SACS to the security trustee for SACS’ lenders. The Company secured its guarantee to the security trustee by ceding its rights to claims against SACS in respect of any loans or other finance agreements, and by pledging the Company’s shares in SACS. The Company’s liability under the guarantee is limited to the cession and pledge of shares. The guarantee expires upon expiration of the cession and pledge agreements.

In connection with a design, build, finance and maintenance contract for a facility in Canada, the Company guaranteed certain potential tax obligations of a trust. The potential estimated exposure of these obligations is Canadian Dollar (“CAD”) 2.5 million, or $2.4 million as of January 1, 2012, commencing in 2017. The Company has a liability of $2.0 million and $1.8 million related to this exposure included in Other Non-Current Liabilities as of January 1, 2012 and January 2, 2011, respectively. To secure this guarantee, the Company purchased Canadian dollar denominated securities with maturities matched to the estimated tax obligations in 2017 to 2021. The Company has recorded an asset equal to the current fair market value of those securities included in Other Non-Current Assets as of January 1, 2012 and January 2, 2011, respectively, on its consolidated balance sheets. The Company does not currently operate or manage this facility.

At January 1, 2012, the Company also had eight letters of guarantee outstanding under separate international facilities relating to performance guarantees of its Australian subsidiary totaling $9.9 million.

In connection with the creation of GEOAmey, the Company and its joint venture partner guarantee the availability of working capital in equal proportion to ensure that GEOAmey can comply with current and future contractual commitments related to the performance of its operations. The Company and the 50% joint venture partner have each extended a £12 million line of credit of which £8.3 million, or $12.9 million based on exchange rates as of January 1, 2012, was outstanding as of January 1, 2012. The Company’s maximum exposure relative to the joint venture is its note receivable of $13.1 million, including accrued interest of $0.2 million, and future financial support necessary to guarantee performance under the contract.

Except as discussed above, the Company does not have any off balance sheet arrangements.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Commitments and Contingencies

12 Months Ended

Jan. 01, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

15.

Commitments and Contingencies

Operating Leases

The Company leases correctional facilities, office space, computers and transportation equipment under non-cancelable operating leases expiring between 2012 and 2050. The future minimum commitments under these leases are as follows:


Fiscal Year	Annual Rental
	(In thousands)
2012	$	35,826
2013		33,281
2014		25,692
2015		17,486
2016		14,948
Thereafter		48,707

	$	175,940

The Company’s corporate offices are located in Boca Raton, Florida, under a lease agreement which was amended in October 2011. The current lease expires in March 2020 and has two 5-year renewal options, which if exercised will result in a maximum term ending March 2030. In addition, the Company leases office space for its regional offices in Charlotte, North Carolina; San Antonio, Texas; and Los Angeles, California. The Company is also currently leasing office space in Pittsburgh, Pennsylvania and Boulder, Colorado. The Company also leases office space in Sydney, Australia, Sandton, South Africa, and Berkshire, England through its overseas affiliates to support its Australian, South African, and UK operations, respectively. In addition, in connection with its acquisition of BI, the Company is also now leasing 35 ISAP service centers and eight electronic monitoring field offices. These rental commitments are included in the table above. Certain of these leases contain leasehold improvement incentives, rent holidays, and scheduled rent increases which are included in the Company’s rent expense recognized on a straight-line basis. Minimum rent expense associated with the Company’s leases having initial or remaining non-cancelable lease terms in excess of one year was $35.9 million, $25.4 million and $18.7 million for fiscal years 2011, 2010 and 2009, respectively.

Litigation, Claims and Assessments

On June 22, 2011, a jury verdict for $6.5 million was returned against the Company in a wrongful death action brought by the Personal Representative of the Estate of Ronald Sites, a former inmate at the Company’s Lawton Oklahoma Correctional Facility. On August 22, 2011, the court entered judgment against GEO in the amount of $8.4 million, which includes pre judgment interest on the amount of the verdict from January 26, 2007, the date of the filing of the lawsuit, through the date of the jury verdict. The lawsuit, Ronald L. Sites, as the administrator of the Estate of Ronald S. Sites, deceased v. The GEO Group, Inc. was filed on January 28, 2007 in the District Court of Comanche County, State of Oklahoma, Case No. CJ-2007-84. It was alleged that on January 29, 2005, Mr. Sites was harmed by his cellmate as a result of the Company’s negligence. The Company disagrees with the judgment and is pursuing an appeal. A supersedeas bond in the amount of $10.0 million was posted on August 29, 2011 by the insurance company of the State of Pennsylvania. The Company intends to vigorously defend its rights and believes its accrual relative to this judgment is adequate. Under its insurance plan, the Company is responsible for the first $3.0 million of liability. Aside from this amount, which the Company would pay directly from general corporate funds, the Company believes it has insurance coverage for this matter.

In June 2004, the Company received notice of a third-party claim for property damage incurred during 2001 and 2002 at several detention facilities formerly operated by its Australian subsidiary. The claim relates to property damage caused by detainees at the detention facilities. The notice was given by the Australian government’s insurance provider and did not specify the amount of damages being sought. In August 2007, a lawsuit (Commonwealth of Australia v. Australasian Correctional Services PTY, Limited No. SC 656) was filed against the Company in the Supreme Court of the Australian Capital Territory seeking damages of up to approximately AUD 18 million or $18.4 million based on exchange rates as of January 1, 2012, plus interest. The Company believes that it has several defenses to the allegations underlying the litigation and the amounts sought and intends to vigorously defend its rights with respect to this matter. The Company has established a reserve based on its estimate of the most probable loss based on the facts and circumstances known to date and the advice of legal counsel in connection with this matter. Although the outcome of this matter cannot be predicted with certainty, based on information known to date and the Company’s preliminary review of the claim and related reserve for loss, the Company believes that, if settled unfavorably, this matter could have a material adverse effect on its financial condition, results of operations or cash flows. The Company is uninsured for any damages or costs that it may incur as a result of this claim, including the expenses of defending the claim.

The Company’s South Africa joint venture had been in discussions with the South African Revenue Service (“SARS”) with respect to the deductibility of certain expenses for the tax periods 2002 through 2004. The joint venture operates the Kutama Sinthumule Correctional Centre and accepted inmates from the South African Department of Correctional Services in 2002. During 2009, SARS notified the Company that it proposed to disallow these deductions. The Company appealed these proposed disallowed deductions with SARS and in October 2010 received a favorable Tax Court ruling relative to these deductions, which was subsequently appealed by SARS. On March 9, 2011, SARS filed a notice that it would appeal the lower court’s ruling. The Court of Appeals ruled on November 30, 2011 that the disputed expenses are deductible.

The Company is a participant in the IRS Compliance Assurance Process (“CAP”) for the 2011 fiscal year. Under the IRS CAP transactions that meet certain materiality thresholds are reviewed on a real-time basis shortly after their completion. Additionally, all transactions that are part of certain IRS tier and similar initiatives are audited regardless of their materiality. The program also provides for the audit of transition years that have not previously been audited. The IRS will be reviewing the Company’s 2009 and 2010 years as transition years.

During the first quarter, following the Company’s acquisition of BI, BI received notice from the IRS that it will audit its 2008 tax year. The audit was completed on October 7, 2011 with no change.

The nature of the Company’s business exposes it to various types of third-party legal claims or litigation against the Company, including, but not limited to, civil rights claims relating to conditions of confinement and/or mistreatment, sexual misconduct claims brought by prisoners or detainees, medical malpractice claims, product liability claims, intellectual property infringement claims, claims relating to employment matters (including, but not limited to, employment discrimination claims, union grievances and wage and hour claims), property loss claims, environmental claims, automobile liability claims, indemnification claims by its customers and other third parties, contractual claims and claims for personal injury or other damages resulting from contact with the Company’s facilities, programs, electronic monitoring products, personnel or prisoners, including damages arising from a prisoner’s escape or from a disturbance or riot at a facility. Except as otherwise disclosed above, the Company does not expect the outcome of any pending claims or legal proceedings to have a material adverse effect on its financial condition, results of operations or cash flows.

Collective Bargaining Agreements

The Company had approximately 18% of its workforce covered by collective bargaining agreements at January 1, 2012. Collective bargaining agreements with 8% of employees are set to expire in less than one year.

Contract Terminations

Contracts terminated during the fiscal year ended January 1, 2012 generated aggregate revenue of $48.8 million and a net operating loss of $2.8 million, which includes $3.7 million of depreciation expense and also includes transition costs. The following contracts were terminated during the fiscal year ended January 1, 2012:

Effective February 28, 2011, the Company’s contract for the management of the 424-bed North Texas ISF, located in Fort Worth, Texas, terminated.

Effective April 30, 2011, the Company’s contract for the management of the 970-bed Regional Correctional Center, located in Albuquerque, New Mexico, terminated.

Effective May 29, 2011, the Company’s subsidiary in the United Kingdom no longer managed the 215-bed Campsfield House Immigration Removal Centre in Kidlington, England.

On July 11, 2011, the Company announced that the State of California decided to implement its Criminal Justice Realignment Plan, which is expected to delegate tens of thousands of low level state offenders to local county jurisdictions in California effective October 1, 2011. As a result of the implementation of the Realignment Plan, the State of California has decided to discontinue contracts with Community Correctional Facilities which currently house low level state offenders across the state. The Company received written notice from the California Department of Corrections and Rehabilitation regarding the cancellation of its agreements for the housing of low level state offenders at three of its facilities: (i) the company-leased 305-bed Leo Chesney Community Correctional Facility which was terminated effective September 30, 2011; (ii) the company-owned 625-bed Central Valley Modified Community Correctional Facility which was terminated effective October 12, 2011; and (iii) the company-owned 643-bed Desert View Modified Community Correctional Facility which terminated effective November 30, 2011. The Company is in the process of actively marketing these facilities to local county agencies in California. Given that most local county jurisdictions in California are presently operating at or above their correctional capacity, the Company is hopeful that it will be able to market these facilities to local county agencies for the housing of low level offenders who will be the responsibility of local county jurisdictions. Included in revenue for the fiscal year ended January 1, 2012 is $26.4 million of revenue related to these terminated contracts.

On July 31, 2011, the Company’s contract for the management of Brooklyn Community Re-entry Center located in Brooklyn, New York terminated.

On September 2, 2011, the Company initiated discussions with the California Department of Corrections & Rehabilitation (“CDCR”) to terminate its management agreement for the operation of the company-owned North Lake Correctional Facility. On September 26, 2011, CDCR notified the Company that its contract would terminate effective October 2, 2011. Included in revenue for the fiscal year ended January 1, 2012 is $2.4 million of revenue related to this terminated contract.

In an effort to consolidate existing Youth Services facilities and to maximize overall utilization, the Company terminated its contracts for the management of Contact Interventions, located in Wauconda, Illinois and the Abraxas Center for Adolescent Females located in Pittsburgh, Pennsylvania. Additionally, the Company’s contract to manage Philadelphia Community-Based Programs located in Philadelphia, Pennsylvania terminated June 30, 2011 due to lack of funding.

On October 3, 2011, the Company exercised the termination clause in its contract for the management of the Frio County Detention Center. Effective December 2, 2011, the Company no longer managed this facility.

The Company is currently marketing approximately 7,700 vacant beds at nine of its idle facilities, including Golden State Medium Community Correctional Facility, to potential customers. The carrying values of these idle facilities totaled $297.3 million as of January 1, 2012, excluding equipment and other assets that can be easily transferred for use at other facilities.

Commitments

The Company is currently developing a number of projects using company financing. The Company’s management estimates that these existing capital projects will cost approximately $245.8 million, of which $156.1 million was spent through the end of 2011. The Company estimates the remaining capital requirements related to these capital projects to be approximately $89.7 million, which will be spent through fiscal years 2012 and 2013. Capital expenditures related to facility maintenance costs are expected to range between $30.0 million and $35.0 million for fiscal year 2012. In addition to these current estimated capital requirements for 2012 and 2013, the Company is currently in the process of bidding on, or evaluating potential bids for the design, construction and management of a number of new projects. In the event that the Company wins bids for these projects and decides to self-finance their construction, its capital requirements in 2012 and/or 2013 could materially increase.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Earnings Per Share

12 Months Ended

Jan. 01, 2012

Earnings Per Share [Abstract]

Earnings Per Share

16.

Earnings Per Share

Basic and diluted earnings per share (“EPS”) were calculated for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 as follows (in thousands, except per share data):


Fiscal Year	2011		2010		2009
	(In thousands, except per share data)
Income from continuing operations	$	77,463	$	62,790	$	66,469
Loss (Earnings) attributable to noncontrolling interests		1,162		678		(169	)

Income from continuing operations attributable to The GEO Group, Inc.	$	78,625	$	63,468	$	66,300
Basic earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879

Per share amount	$	1.24	$	1.15	$	1.30

Diluted earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879
Diluted effect of equity incentive plans		315		610		1,043

Weighted average shares assuming dilution		63,740		55,989		51,922

Per share amount	$	1.23	$	1.13	$	1.28

For the fiscal year ended January 1, 2012, 105,307 weighted average shares of stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No shares of restricted stock were anti-dilutive.

For the fiscal year ended January 2, 2011, 25,570 weighted average shares of stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive. No shares of restricted stock were anti-dilutive.

For the fiscal year January 3, 2010, 69,492 weighted average shares of stock underlying options and 107 weighted average shares of restricted stock were excluded from the computation of diluted EPS because the effect would be anti-dilutive.

Benefit Plans

12 Months Ended

Jan. 01, 2012

Benefit Plans [Abstract]

Benefit Plans

17.

Benefit Plans

The Company has two non-contributory defined benefit pension plans covering certain of the Company’s executives. Retirement benefits are based on years of service, employees’ average compensation for the last five years prior to retirement and social security benefits. Currently, the plans are not funded. The Company purchased and is the beneficiary of life insurance policies for certain participants enrolled in the plans. There were no significant transactions between the employer or related parties and the plan during the period.

As of January 1, 2012, the Company had a non-qualified deferred compensation agreement with its Chief Executive Officer (“CEO”). The current agreement provides for a lump sum payment upon retirement, no sooner than age 55. As of January 1, 2012, the CEO had reached age 55 and was eligible to receive the payment upon retirement. If the Company’s CEO had retired as of January 1, 2012, the Company would have had to pay him $5.8 million including a tax gross-up relating to the retirement payment equal to $2.1 million. During the fiscal year ended January 2, 2011, the Company paid a former executive $4.4 million, including an income tax gross up of $1.6 million, in discounted retirement benefits under the executive’s non-qualified deferred compensation agreement. During the fiscal year ended January 3, 2010, the Company paid a former executive $3.2 million, including an income tax gross up of $1.2 million, in discounted retirement benefits under the executive’s non-qualified deferred compensation agreement. As a result of the payments made to these executives, the Company recognized settlement charges during the fiscal years ended January 2, 2011 and January 3, 2010 of $0.3 million and $0.2 million, respectively. The long-term portion of the pension liability as of January 1, 2012 and January 2, 2011 was $16.7 million and $13.6 million, respectively, and is included in Other Non-Current liabilities in the accompanying balance sheets.

The following table summarizes key information related to the Company’s pension plans and retirement agreements. The table illustrates the reconciliation of the beginning and ending balances of the benefit obligation showing the effects during the periods presented attributable to service cost, interest cost, plan amendments, termination benefits, actuarial gains and losses. The assumptions used in the Company’s calculation of accrued pension costs are based on market information and the Company’s historical rates for employment compensation and discount rates.


	2011			2010
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	13,830		$	16,206
Service Cost		645			525
Interest Cost		667			746
Actuarial (Gain) Loss		1,922			986
Benefits Paid		(185	)		(4,633	)

Projected Benefit Obligation, End of Year	$	16,879		$	13,830

Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions		185			4,633
Benefits Paid		(185	)		(4,633	)

Plan Assets at Fair Value, End of Year	$	—		$	—

Unfunded Status of the Plan	$	(16,879	)	$	(13,830	)

Amounts Recognized in Accumulated Other Comprehensive Income
Prior Service Cost		—			—
Net Loss		3,531			1,671

Total Pension Cost	$	3,531		$	1,671


	Fiscal 2011			Fiscal 2010
Components of Net Periodic Benefit Cost
Service Cost	$	645		$	525
Interest Cost		667			746
Amortization of:
Prior Service Cost		—			41
Net Loss		62			33
Settlements		—			297

Net Periodic Pension Cost	$	1,374		$	1,642

Weighted Average Assumptions for Expense
Discount Rate		5.50	%		5.75	%
Expected Return on Plan Assets		N/A			N/A
Rate of Compensation Increase		4.29	%		4.50	%

The amount included in other accumulated comprehensive income as of January 1, 2012 that is expected to be recognized as a component of net periodic benefit cost in fiscal year 2012 is $0.2 million.

The benefit payments reflected in the table below represent the Company’s obligations to employees that are eligible for retirement or have already retired and are receiving deferred compensation benefits:


Fiscal Year	Pension Benefits
	(In thousands)
2012	$	6,249
2013		247
2014		295
2015		340
2016		388
Thereafter		9,360

	$	16,879

The Company also maintains the GEO Group Inc., Deferred Compensation Plan (“Deferred Compensation Plan”), a non-qualified deferred compensation plan for employees who are ineligible to participate in its qualified 401(k) plan. Eligible employees may defer a fixed percentage of their salary and the Company matches employee contributions up to a certain amount based on the employee’s years of service. Payments will be made at retirement age of 65, at termination of employment or earlier depending on the employees’ elections. Effective December 18, 2009, the Company established a rabbi trust; the purpose of which is to segregate the assets of the Deferred Compensation Plan from the Company’s cash balances. The funds in the rabbi trust are included in Restricted Cash and Investments in the accompanying consolidated balance sheets. These funds are not available to the Company for any purpose other than to fund the Deferred Compensation Plan; however, these funds may be available to the Company’s creditors in the event the Company becomes insolvent. All employee and employer contributions relative to the Deferred Compensation Plan are made directly to the rabbi trust. The Company recognized expense related to its contributions of $0.3 million, $0.2 million and $0.1 million in fiscal years 2011, 2010 and 2009, respectively. The total liability, including the current portion, for this plan at January 1, 2012 and January 2, 2011 was $8.2 million and $6.2 million, respectively. The liability, excluding current portion of $0.6 million and $0.2 million as of January 1, 2012 and January 2, 2011, respectively, is included in other non-current liabilities in the accompanying consolidated balance sheets.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Business Segments and Geographic Information

12 Months Ended

Jan. 01, 2012

Business Segments and Geographic Information [Abstract]

Business Segments and Geographic Information

18.

Business Segments and Geographic Information

Operating and Reporting Segments

The Company conducts its business through four reportable business segments: the U.S. Corrections & Detention segment; the International Services segment; the GEO Care segment; and Facility Construction & Design segment. The Company has identified these four reportable segments to reflect the current view that the Company operates four distinct business lines, each of which constitutes a material part of its overall business. The U.S. Corrections & Detention segment primarily encompasses U.S.-based privatized corrections and detention business. The International Services segment primarily consists of privatized corrections and detention operations in South Africa, Australia and the United Kingdom. The Company’s residential treatment services, community-based services, youth services and BI are operating segments aggregated under the GEO Care reporting segment. The GEO Care segment, which conducts its services in the United States, represents services provided to adult offenders and juveniles for mental health, residential and non-residential treatment, educational and community based programs, pre-release and half-way house programs, compliance technologies, monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants. The Facility Construction & Design segment primarily contracts with various state, local and federal agencies for the design and construction of facilities for which the Company has management contracts. Generally, the assets and revenues from the Facility Construction & Design segment are offset by a similar amount of liabilities and expenses. As a result of the acquisition of Cornell, management’s review of certain segment financial data was revised with regards to the Bronx Community Re-entry Center and the Brooklyn Community Re-entry Center. These facilities now report within the GEO Care segment and are no longer included with U.S. Corrections & Detention. Segment disclosures below reflect these reclassifications for all periods presented and all transactions between segments are eliminated (in thousands).


Fiscal Year	2011			2010			2009
Revenues:
U.S. Corrections & Detention	$	970,507		$	842,417		$	772,497
GEO Care		426,759			213,819			133,387
International Services		215,514			190,477			137,171
Facility Construction & Design		119			23,255			98,035

Total revenues	$	1,612,899		$	1,269,968		$	1,141,090

Depreciation and amortization:
U.S. Corrections & Detention	$	55,676		$	39,744		$	35,855
GEO Care		27,530			6,600			2,003
International Services		2,135			1,767			1,448
Facility Construction & Design		—			—			—

Total depreciation and amortization	$	85,341		$	48,111		$	39,306

Operating Income:
U.S. Corrections & Detention	$	218,569		$	204,398		$	178,329
GEO Care		72,932			27,746			17,958
International Services		14,440			12,311			8,017
Facility Construction & Design		37			2,382			381

Operating income from segments		305,978			246,837			204,685
General and Administrative Expenses		(113,809	)		(106,364	)		(69,240	)

Total operating income	$	192,169		$	140,473		$	135,445

The increase in revenues for U.S. Corrections & Detention and GEO Care in 2011 compared to 2010 is due to the acquisition of Cornell in August 2010 which contributed a full year of revenues to these segments of $160.4 million and $158.7 million, respectively, compared to the partial year in fiscal 2010 of $85.5 million and $65.7 million, respectively. Additionally, in 2011, revenues increased due to the Company’s acquisition of BI and the related monitoring services, contributing revenue of $86.9 million, and re-entry services at the Day Reporting Centers, which contributed revenue of $26.3 million. The Company experienced increases in revenues from International Services in 2011 as a result of positive fluctuations in foreign currency translation as well as from increases in population, increases in the inflationary index and increases related to the opening of Dungavel Immigration Removal Centre. The Company experienced increases in revenues from International Services in 2010 as a result of positive fluctuations in foreign currency translation as well as from its new management contracts for the operation of the Parklea Correctional Centre in Sydney, Australia (“Parklea”) and the Harmondsworth Immigration Removal Centre in London, England (“Harmondsworth”). The Company provided services under these contracts for the full year in 2010 compared to a partial period during 2009.

In 2011, a significant increase in operating income for the U.S. Corrections & Detention and GEO Care reporting segments was the result of the Company’s acquisition of Cornell in August 2010 which contributed a full year of additional operating income of $39.7 million and $34.5 million, respectively compared to a partial year of operating income in 2010 of $15.9 million and $10.9 million, respectively. Additional increases related to GEO Care in 2011, are associated with the Company’s acquisition of BI in February 2011.


	2011		2010
	(In thousands)
Segment assets:
U.S. Corrections & Detention	$	2,027,717	$	1,849,423
GEO Care		747,656		299,563
International Services		98,449		103,004
Facility Construction & Design		157		26

Total segment assets	$	2,873,979	$	2,252,016

Pre-Tax Income Reconciliation of Segments

The following is a reconciliation of the Company’s total operating income from its reportable segments to the Company’s income before income taxes, equity in earnings of affiliates and discontinued operations, in each case, during the fiscal years ended January 1, 2012, January 2, 2011, and January 3, 2010, respectively.


Fiscal Year Ended	2011			2010			2009
	(In thousands)
Operating income from segments	$	305,978		$	246,837		$	204,685
Unallocated amounts:
General and administrative expense		(113,809	)		(106,364	)		(69,240	)
Net interest expense		(68,344	)		(34,436	)		(23,575	)
Costs related to early extinguishment of debt		—			(7,933	)		(6,839	)

Income before income taxes, equity in earnings of affiliates and discontinued operations	$	123,825		$	98,104		$	105,031

Asset Reconciliation

The following is a reconciliation of the Company’s reportable segment assets to the Company’s total assets as of January 1, 2012 and January 2, 2011, respectively.


	2011		2010
	(In thousands)
Reportable segment assets	$	2,873,979	$	2,252,016
Cash		44,753		39,664
Deferred income tax		30,437		30,051
Restricted cash and investments		100,447		90,642

Total assets	$	3,049,616	$	2,412,373

Geographic Information

During each of the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010, the Company’s international operations were conducted through (i) the Company’s wholly owned Australian subsidiary, The GEO Group Australia Pty. Ltd., through which the Company has management contracts for four correctional facilities and also provides comprehensive healthcare services to several government-operated prisons; (ii) the Company’s consolidated joint venture in South Africa, SACM, through which the Company manages one correctional facility; and (iii) the Company’s wholly-owned subsidiary in the United Kingdom, The GEO Group UK Ltd., through which the Company managed both the Dungavel House Immigration Removal Centre and the Harmondsworth Immigration Removal Centre as of January 1, 2012 and managed both the Campsfield House Immigration Removal Centre and the Harmondsworth Immigration Removal Centre as of January 2, 2011 and January 3, 2010.


Fiscal Year	2011		2010		2009
	(In thousands)
Revenues:
U.S. operations	$	1,397,385	$	1,079,491	$	1,003,919
Australia operations		164,870		142,648		103,197
South African operations		21,357		19,231		16,843
United Kingdom operations		29,287		28,598		17,131

Total revenues	$	1,612,899	$	1,269,968	$	1,141,090

Long-lived assets:
U.S. operations	$	1,700,766	$	1,506,666	$	994,327
Australia operations		4,469		3,603		2,887
South African operations		334		439		447
United Kingdom operations		602		584		899

Total long-lived assets	$	1,706,171	$	1,511,292	$	998,560

Sources of Revenue

The Company derives most of its revenue from the management of privatized correction and detention facilities. The Company also derives revenue from GEO Care and from the construction and expansion of new and existing correctional, detention and GEO Care facilities. All of the Company’s revenue is generated from external customers.


Fiscal Year	2011		2010		2009
	(In thousands)
Revenues:
Corrections & Detention	$	1,186,021	$	1,032,894	$	909,668
GEO Care		426,759		213,819		133,387
Facility Construction & Design		119		23,255		98,035

Total revenues	$	1,612,899	$	1,269,968	$	1,141,090

Equity in Earnings of Affiliates

Equity in earnings of affiliates for 2011, 2010 and 2009 includes the operating results from one of the Company’s joint ventures in South Africa, SACS. This joint venture is accounted for under the equity method and the Company’s investment in SACS is presented as a component of other non-current assets in the accompanying consolidated balance sheets.

A summary of financial data for SACS is as follows:


Fiscal Year	2011		2010		2009
	(In thousands)
Statement of Operations Data
Revenues	$	48,844	$	46,005	$	37,736
Operating income		19,613		18,350		14,958
Net income		7,856		8,435		7,034
Balance Sheet Data
Current assets		21,068		40,624		33,808
Noncurrent assets		39,110		50,613		47,453
Current liabilities		3,645		3,552		2,888
Non-current liabilities		45,237		60,129		53,877
Shareholders’ equity		11,296		27,556		24,496

As of January 1, 2012 and January 2, 2011, the Company’s investment in SACS was $5.6 million and $13.8 million, respectively. The investment is included in other non-current assets in the accompanying consolidated balance sheets.

Business Concentration

Except for the major customers noted in the following table, no other single customer made up greater than 10% of the Company’s consolidated revenues for the following fiscal years.


Customer	2011			2010			2009
Various agencies of the U.S Federal Government:		40	%		35	%		31	%
Various agencies of the State of Florida:		11	%		14	%		16	%

Credit risk related to accounts receivable is reflective of the related revenues.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

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+ Details

Income Taxes

12 Months Ended

Jan. 01, 2012

Income Taxes [Abstract]

Income Taxes

19.

Income Taxes

The United States and foreign components of income (loss) before income taxes and equity income from affiliates are as follows:


	2011		2010		2009
	(In thousands)
Income before income taxes, equity earnings in affiliates, and discontinued operations
United States	$	107,743	$	84,531	$	96,651
Foreign		16,082		13,573		8,380

		123,825		98,104		105,031

Discontinued operations:
Loss from operation of discontinued business		—		—		(562	)

Total	$	123,825	$	98,104	$	104,469

Taxes on income (loss) consist of the following components:


	2011			2010			2009
	(In thousands)
Federal income taxes:
Current	$	(474	)	$	13,316		$	24,443
Deferred		36,650			16,070			10,734

		36,176			29,386			35,177

State income taxes:
Current		2,673			2,713			2,889
Deferred		4,803			3,136			310

		7,476			5,849			3,199

Foreign:
Current		4,706			5,562			4,737
Deferred		(433	)		(1,265	)		(1,034	)

		4,273			4,297			3,703

Total U.S. and foreign		47,925			39,532			42,079

Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)

Total	$	47,925		$	39,532		$	41,863

A reconciliation of the statutory U.S. federal tax rate 35.0% and the effective income tax rate is as follows:


	2011			2010			2009
	(In thousands)
Continuing operations:
Provisions using statutory federal income tax rate	$	43,339		$	34,336		$	36,761
State income taxes, net of federal tax benefit		4,907			3,671			2,949
Change in contingent tax liabilities		(337	)		(2,366	)		1,591
Impact of nondeductible transaction costs		65			3,230			283
Other, net		(49	)		661			495

Total continuing operations		47,925			39,532			42,079

Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)

Provision for income taxes	$	47,925		$	39,532		$	41,863

The components of the net current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:


	2011		2010
	(In thousands)
Accrued liabilities	$	21,179	$	20,768
Accrued compensation		6,005		5,351
Other, net		1,542		2,996

Total asset	$	28,726	$	29,115

The components of the net non-current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:


	2011		2010
	(In thousands)
Depreciation	$	1,711	$	936

Total asset	$	1,711	$	936

The components of the net non-current deferred income tax liability as of January 1, 2012 and January 2, 2011 are as follows:


	2011			2010
	(In thousands)
Deferred compensation	$	9,614		$	7,628
Net operating losses		17,541			7,988
Tax credits		6,136			4,414
Deferred loan costs		2,073			2,143
Equity Awards		2,881			2,047
Other, net		1,879			1,187
Bond discount		(657	)		(780	)
Residual U.S. tax liability on unrepatriated foreign earnings		(3,668	)		(3,052	)
Valuation allowance		(8,217	)		(7,793	)
Deferred Rent		(6,212	)		(672	)
Intangible assets		(72,579	)		(29,606	)
Depreciation		(74,000	)		(38,822	)

Total liability	$	(125,209	)	$	(55,318	)

Deferred income taxes should be reduced by a valuation allowance if it is not more likely than not that some portion or all of the deferred tax assets will be realized. On a periodic basis, management evaluates and determines the amount of the valuation allowance required and adjusts such valuation allowance accordingly. At fiscal year end 2011 and 2010, the Company has a valuation allowance of $8.2 million and $7.8 million, respectively related to deferred tax assets for foreign net operating losses, state net operating losses and state tax credits. The valuation allowance increased by $0.3 million during the fiscal year ended January 1, 2012.

The Company provides income taxes on the undistributed earnings of non-U.S. subsidiaries except to the extent that such earnings are indefinitely invested outside the United States. At January 1, 2012, $17.0 million of accumulated undistributed earnings of non-U.S. subsidiaries were indefinitely invested. At the existing U.S. federal income tax rate, additional taxes (net of foreign tax credits) of $2.4 million would have to be provided if such earnings were remitted currently.

As of the fiscal year ended January 1, 2012, the Company had $26.6 million of Federal net operating loss carryforwards which begin to expire in 2022 and $99.7 million of combined net operating loss carryforwards in various states which begin to expire in 2012. The Company has recorded a partial valuation allowance against the deferred tax assets related to the state operating losses.

Also as of the fiscal year ended January 1, 2012, the Company had $10.6 million of foreign operating losses which carry forward indefinitely and $6.9 million of state tax credits which begin to expire in 2012. The Company has recorded a full and partial valuation allowance against the deferred tax assets related to the foreign operating losses and state tax credits, respectively.

The Company recognizes the cost of employee services received in exchange for awards of equity instruments based upon the grant date fair value of those awards. The exercise of non-qualified stock options which have been granted under the Company’s stock option plans give rise to compensation income which is includable in the taxable income of the applicable employees and deducted by the Company for federal and state income tax purposes. Such compensation income results from increases in the fair market value of the Company’s common stock subsequent to the date of grant. At fiscal year end 2011, the deferred tax asset net of a valuation allowance related to unexercised stock options and restricted stock grants for which the company has recorded a book expense was $3.8 million.

The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2011			2010			2009
	(In thousands)
Balance at Beginning of Period	$	9,262		$	5,947		$	5,889
Additions based on tax positions related to the current year		13			3,251			479
Additions for tax positions of prior years		43			200			4,854
Additions from current year acquisitions		3,848			2,928			—
Reductions for tax positions of prior years		(3,237	)		(2,891	)		(1,877	)
Reductions as result of a lapse of applicable statutes of limitations		(845	)		—			—
Settlements		(2,356	)		(173	)		(3,398	)

Balance at End of Period	$	6,728		$	9,262		$	5,947

All amounts in the reconciliation are reported on a gross basis and do not reflect a federal tax benefit on state income taxes. The Company has accrued $5.1 million of accrued uncertain tax benefits as of January 1, 2012 which is inclusive of the federal tax benefit on state income taxes. The Company anticipates a decrease in the unrecognized tax benefits within 12 months of the reporting date of approximately $0.6 million. Settlements reported in the reconciliation for 2011 include amounts related to federal audit adjustments for the years 2002 through 2005, for which a settlement was finalized in 2011. The accrued uncertain tax balance at January 1, 2012 includes $5.1 million of unrecognized tax benefits which, if ultimately recognized, will reduce the Company’s annual effective tax rate.

The Company is subject to income taxes in the U.S. federal jurisdiction, and various states and foreign jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for the years before 2009. The company participates in the voluntary IRS real-time tax audit Compliance Assurance Process (“CAP”) beginning in 2011. The 2009 and 2010 years are under audit as transition years as provided under the IRS CAP program.

During the fourth fiscal quarter of 2009, the IRS completed its examination of the Company’s U.S. federal income tax returns for the years 2002 through 2005. Following the examination, the IRS notified the Company that it proposed to disallow a deduction that the Company realized during the 2005 tax year. The Company appealed this proposed disallowed deduction with the IRS’s appeals division. In December 2010, the Company reached an agreement with the office of IRS Appeals on the amount of the deduction which is currently being reviewed at a higher level. The Company previously reported that if the disallowed deduction were to be sustained on appeal, it could result in a potential tax exposure to the Company of up to $15.4 million. In the second quarter 2011, the matter was resolved with no change.

The calculation of the Company’s provision (benefit) for income taxes requires the use of significant judgment and involves dealing with uncertainties in the application of complex tax laws and regulations. In determining the adequacy of the Company’s provision (benefit) for income taxes, potential settlement outcomes resulting from income tax examinations are regularly assessed. As such, the final outcome of tax examinations, including the total amount payable or the timing of any such payments upon resolution of these issues, cannot be estimated with certainty.

During the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010, the Company recognized $0.0 million, $(0.8) million and $0.1 million in interest and penalties, respectively. The Company had accrued $0.4 million and $1.5 million for the payment of interest and penalties at January 1, 2012, and January 2, 2011, respectively. The Company classifies interest and penalties as interest expense and other expense, respectively.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Jan. 01, 2012

Selected Quarterly Financial Data (Unaudited) [Abstract]

Selected Quarterly Financial Data (Unaudited)

20.

Selected Quarterly Financial Data (Unaudited)

The Company’s selected quarterly financial data is as follows (in thousands, except per share data):


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2011
Revenues(1)	$	391,766	$	407,817	$	406,847	$	406,469
Operating income(2)		40,890		50,407		51,230		49,642
Net income(3)		16,380		21,163		21,293		18,627
Net income attributable to The GEO Group Inc.		16,790		21,578		21,518		18,739
Net income per common share attributable to The GEO Group Inc.—Basic	$	0.26	$	0.33	$	0.34	$	0.30
Net income per common share attributable to The GEO Group Inc.—Diluted	$	0.26	$	0.33	$	0.34	$	0.30


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2010
Revenues(1)	$	287,542	$	280,095	$	327,933	$	374,398
Operating income(2)		34,524		33,050		29,524		43,375
Net income		17,708		17,025		5,010		23,047
Net income attributable to The GEO Group Inc.		17,672		17,017		5,281		23,498
Net income per common share attributable to The GEO Group Inc.—Basic	$	0.35	$	0.35	$	0.09	$	0.37
Net income per common share attributable to The GEO Group Inc.—Diluted	$	0.34	$	0.35	$	0.09	$	0.36

(1)

Revenues increased in First, Second and Third Quarters of 2011 compared to 2010 primarily as a result of the Company’s acquisitions of Cornell and BI in August 2010 and February 2011, respectively. The most significant increase in revenue occurred in Second Quarter 2011 which was the result of the BI acquisition. The Company also activated several projects in 2010 and 2011 which contributed to the increase in revenues in 2011. These activations include: D. Ray James Correctional Facility and Blackwater River Correctional Facility which were both activated in October 2010, Indiana Short Term Offender Program which began operations in March 2011, Adelanto Processing Center East which began operations in August 2011. Revenues for U.S. Corrections & Detention during Third and Fourth Quarters were negatively impacted by our terminated contracts in California. Revenues for International Services during Third and Fourth Quarters 2011 were negatively impacted by the terminated contract for the operation of Campsfield House Immigration Removal Centre offset by the opening of Dungavel House Immigration Removal Centre and positive foreign currency exchange rate fluctuations.

(2)

Operating income in First Quarter 2011 includes aggregate costs of approximately $9.2 million for transaction related expenses associated with the Company’s acquisitions; start-up costs associated with North Lake, Montgomery County Mental Health Treatment Facility and Indiana Short Term Offender Program; and transition costs related to the termination of certain of its management contracts. The Company did not have any material costs associated with acquisitions, project activations or contract terminations in 2010. During Second Quarter 2011, the Company incurred $5.6 million in start-up costs primarily related to the activation of North Lake compared to costs in Second Quarter 2010 associated with the acquisition of Cornell of $2.1 million. Operating income in Third Quarter 2011 was significantly higher than operating income in Third Quarter 2010 due to acquisition related costs incurred in Third Quarter 2010 of approximately $13.5 million that did not reoccur in 2011. In Fourth Quarter 2011, the Company incurred startup costs of approximately $7.1 million primarily related to the activation of Riverbend Correctional Facility and the Company’s joint venture in the United Kingdom compared to costs in Fourth Quarter 2010 of $9.7 million associated with the Cornell Acquisition.

(3)

In addition to the factors discussed in notes (1) and (2) above, net income in Fourth Quarter 2011 was negatively impacted by interest expense which was higher due to the greater outstanding borrowings under the Company’s Senior Credit Facility and also due to the 6.625% Senior Notes which were issued in February 2011. Additionally, the Company’s net income in Fourth Quarter was negatively impacted by the Company’s loss related to GEOAmey, which commenced operations in August 2011. The negative impact of GEOAmey and the increase in outstanding borrowings was partially offset by an increase in operating income for Fourth Quarter 2011.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

Subsequent Events

12 Months Ended

Jan. 01, 2012

Subsequent Events [Abstract]

Subsequent Events

21.

Subsequent events

On August 12, 2010, the Company acquired the Baker Community Correctional Facility in connection with the Cornell Acquisition. This facility, an asset of the U.S. Corrections & Detention reportable segment, was classified as an Asset Held For Sale as of January 1, 2012, had a carrying value of $0.4 million and was sold in January 2012 for $0.4 million, net of selling costs.

The Company’s Board of Directors determined in February 2012 to adopt a dividend policy. Under the dividend policy, the Company anticipates it will pay quarterly dividends beginning in the fourth quarter of 2012 in the amount of $.10 per share for a total of $.40 per share in annual dividends, subject to capital availability and periodic determinations by the Board of Directors that cash dividends are in the best interests of its shareholders and are in compliance with all laws and the Company’s agreements applicable to the declaration of cash dividends, including the Company’s indentures and Senior Credit Facility.

Contracts terminated after January 1, 2012 generated aggregate revenue during the fiscal year ended January 1, 2012 of $14.4 million and a pre tax operating profit of $4.7 million, which includes $0.8 million of depreciation expense. The following contracts terminated after January 1, 2012:

On or about January 31, 2012, the Company was formally notified by the California Department of Corrections of their intention to exercise the right to terminate the Company’s contract for the management of the Golden State Medium Community Correctional Facility. Effective July 1, 2012, the Company will no longer manage this facility.

In February 2012, the Company was notified that its contract for the management of the Migrant Operations Center in Guantanamo Bay NAS, Cuba would terminate effective March 31, 2012.

Condensed Consolidating Financial Information

12 Months Ended

Jan. 01, 2012

Condensed Consolidating Financial Information Disclosure [Abstract]

Condensed Consolidating Financial Information

22.

Condensed Consolidating Financial Information

As discussed in Note 14, the Company completed a private offering of $300.0 million aggregate principal amount of 6.625% senior unsecured notes due 2021 (such 6.625% Senior Notes collectively with the 7³/4% Senior Notes issued October 20, 2009, the “Notes”). The Notes are fully and unconditionally guaranteed on a joint and several senior unsecured basis by the Company and certain of its wholly-owned domestic subsidiaries (the “Subsidiary Guarantors”). BII Holding has been classified in the Condensed Consolidating Financial Information as a guarantor to the Company’s Notes. On February 10, 2011, the 6.625% Senior Notes were sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States only to non-U.S. persons in accordance with Regulation S promulgated under the Securities Act. In connection with the sale of the 6.625% Senior Notes, the Company entered into a Registration Rights Agreement with the initial purchasers of the 6.625% Senior Notes party thereto, pursuant to which the Company and its Subsidiary Guarantors (as defined below) agreed to file a registration statement with respect to an offer to exchange the 6.625% Senior Notes for a new issue of substantially identical notes registered under the Securities Act. The Company filed a registration statement with respect to this offer to exchange the 6.625% Senior Notes which became effective on July 22, 2011.

The following condensed consolidating financial information, which has been prepared in accordance with the requirements for presentation of Rule 3-10(d) of Regulation S-X promulgated under the Securities Act, presents the condensed consolidating financial information separately for:

(i) The GEO Group, Inc., as the issuer of the Notes;

(ii) The Subsidiary Guarantors, on a combined basis, which are 100% owned by The Geo Group, Inc., and which are guarantors of the Notes;

(iii) The Company’s other subsidiaries, on a combined basis, which are not guarantors of the Notes (the “Subsidiary Non-Guarantors”);

(iv) Consolidating entries and eliminations representing adjustments to: (a) eliminate intercompany transactions between or among the Company, the Subsidiary Guarantors and the Subsidiary Non-Guarantors and (b) eliminate the investments in the Company’s subsidiaries; and

(v) The Company and its subsidiaries on a consolidated basis.

CONDENSED CONSOLIDATING BALANCE SHEET


	As of January 1, 2012
	The GEO Group, Inc.		Combined Subsidiary Guarantors		Combined Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(Dollars in thousands)
ASSETS
Cash and cash equivalents	$	15,085	$	3,155	$	26,513		—		$	44,753
Restricted cash and investments		—		—		42,535		—			42,535
Accounts receivable, less allowance for doubtful accounts		128,302		141,671		22,810		—			292,783
Deferred income tax assets, net		14,063		10,875		3,788		—			28,726
Prepaid expenses and other current assets		17,315		23,832		10,539		(1,154	)		50,532

Total current assets		174,765		179,533		106,185		(1,154	)		459,329

Restricted Cash and Investments		8,016		—		49,896		—			57,912
Property and Equipment, Net		620,821		834,513		250,837		—			1,706,171
Assets Held for Sale		3,083		1,280		—		—			4,363
Direct Finance Lease Receivable		—		—		32,146		—			32,146
Intercompany Receivable		386,026		14,305		14,028		(414,359	)		—
Deferred Income Tax Assets, Net		—				1,711					1,711
Goodwill		34		507,272		760		—			508,066
Intangible Assets, Net		—		198,477		1,865		—			200,342
Investment in Subsidiaries		1,349,188		9,784		—		(1,358,972	)		—
Other Non-Current Assets		40,695		73,480		31,022		(65,621	)		79,576

	$	2,582,628	$	1,818,644	$	488,450	$	(1,840,106	)	$	3,049,616


LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	$	47,162	$	18,549	$	3,942		—		$	69,653
Accrued payroll and related taxes		3,223		18,417		17,002		—			38,642
Accrued expenses		69,756		33,504		24,751		(1,154	)		126,857
Current portion of capital lease obligations, long-term debt and non-recourse debt		19,037		1,363		33,266		—			53,666

Total current liabilities		139,178		71,833		78,961		(1,154	)		288,818

Deferred Income Tax Liabilities		42,879		82,296		34		—			125,209
Intercompany Payable		14,027		378,005		22,327		(414,359	)		—
Other Non-Current Liabilities		29,384		28,654		63,964		(65,621	)		56,381
Capital Lease Obligations		—		13,087		—		—			13,087
Long-Term Debt		1,318,639		429		—		—			1,319,068
Non-Recourse Debt		—		—		208,532		—			208,532
Commitments & Contingencies
Total Shareholders’ Equity		1,038,521		1,244,340		114,632		(1,358,972	)		1,038,521

	$	2,582,628	$	1,818,644	$	488,450	$	(1,840,106	)	$	3,049,616

CONDENSED CONSOLIDATING BALANCE SHEET


	As of January 2, 2011
	The GEO Group, Inc.		Combined Subsidiary Guarantors		Combined Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(Dollars in thousands)
ASSETS
Cash and cash equivalents	$	2,614	$	221	$	36,829		—		$	39,664
Restricted cash and investments		—		—		41,150		—			41,150
Accounts receivable, less allowance for doubtful accounts		121,749		130,197		23,832		—			275,778
Deferred income tax assets, net		15,191		9,797		4,127		—			29,115
Prepaid expenses and other current assets		12,325		23,222		9,256		(8,426	)		36,377

Total current assets		151,879		163,437		115,194		(8,426	)		422,084

Restricted Cash and Investments		6,168		—		43,324		—			49,492
Property and Equipment, Net		433,219		867,046		211,027		—			1,511,292
Assets Held for Sale		3,083		6,887		—		—			9,970
Direct Finance Lease Receivable		—		—		37,544		—			37,544
Intercompany Receivable		203,703		14,380		1,805		(219,888	)		—
Deferred Income Tax Assets, Net		—		—		936					936
Goodwill		34		235,798		762		—			236,594
Intangible Assets, Net		—		85,384		2,429		—			87,813
Investment in Subsidiaries		1,184,297		—		—		(1,184,297	)		—
Other Non-Current Assets		24,020		45,820		28,558		(41,750	)		56,648

	$	2,006,403	$	1,418,752	$	441,579	$	(1,454,361	)	$	2,412,373


LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	$	57,015	$	13,254	$	3,611		—		$	73,880
Accrued payroll and related taxes		6,535		10,965		15,861		—			33,361
Accrued expenses		55,081		38,193		33,624		(8,426	)		118,472
Current portion of capital lease obligations, long-term debt and non-recourse debt		9,500		782		31,292		—			41,574

Total current liabilities		128,131		63,194		84,388		(8,426	)		267,287

Deferred Income Tax Liabilities		15,874		39,424		20		—			55,318
Intercompany Payable		1,805		199,994		18,089		(219,888	)		—
Other Non-Current Liabilities		22,767		25,839		40,006		(41,750	)		46,862
Capital Lease Obligations		—		13,686		—		—			13,686
Long-Term Debt		798,336		—		—		—			798,336
Non-Recourse Debt		—		—		191,394		—			191,394
Commitments & Contingencies
Total Shareholders’ Equity		1,039,490		1,076,615		107,682		(1,184,297	)		1,039,490

	$	2,006,403	$	1,418,752	$	441,579	$	(1,454,361	)	$	2,412,373

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 1, 2012
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	589,250		$	876,450		$	234,468		$	(87,269	)	$	1,612,899
Operating Expenses		534,464			589,967			184,418			(87,269	)		1,221,580
Depreciation and Amortization		20,935			56,865			7,541			—			85,341
General and Administrative Expenses		39,445			58,669			15,695			—			113,809

Operating Income (Loss)		(5,594	)		170,949			26,814			—			192,169
Interest Income		29,087			2,614			6,462			(31,125	)		7,038
Interest Expense		(61,447	)		(30,724	)		(14,336	)		31,125			(75,382	)

Income (Loss) Before Income Taxes and Equity in Earnings of Affiliates		(37,954	)		142,839			18,940			—			123,825
Provision (Benefit) for Income Taxes		(14,517	)		55,427			7,015			—			47,925
Equity in Earnings of Affiliates, net of income tax provision		—			—			1,563			—			1,563

Income (Loss) Before Equity Income of Consolidated Subsidiaries		(23,437	)		87,412			13,488			—			77,463
Income from Consolidated Subsidiaries, net of income tax provision		100,900			—			—			(100,900	)		—

Net Income		77,463			87,412			13,488			(100,900	)		77,463
Net Loss Attributable to Noncontrolling Interests		—			—			—			1,162			1,162

Net Income Attributable to The GEO Group, Inc.	$	77,463		$	87,412		$	13,488		$	(99,738	)	$	78,625

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 2, 2011
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	589,009		$	522,526		$	226,005		$	(67,572	)	$	1,269,968
Operating Expenses		518,387			344,046			180,159			(67,572	)		975,020
Depreciation and Amortization		17,011			25,787			5,313			—			48,111
General and Administrative Expenses		46,840			41,552			17,972			—			106,364

Operating Income		6,771			111,141			22,561			—			140,473
Interest Income		5,309			1,326			5,836			(6,200	)		6,271
Interest Expense		(29,484	)		(6,126	)		(11,297	)		6,200			(40,707	)
Loss on Extinguishment of Debt		(7,933	)		—			—			—			(7,933	)

Income (Loss) Before Income Taxes and Equity in Earnings of Affiliates		(25,337	)		106,341			17,100			—			98,104
Provision (Benefit) for Income Taxes		(6,775	)		41,090			5,217			—			39,532
Equity in Earnings of Affiliates, net of income tax provision		—			—			4,218			—			4,218

Income (Loss) Before Equity Income of Consolidated Subsidiaries		(18,562	)		65,251			16,101			—			62,790
Income from Consolidated Subsidiaries, net of income tax provision		81,352									(81,352	)		—

Net Income		62,790			65,251			16,101			(81,352	)		62,790
Net Loss Attributable to Noncontrolling Interests		—			—			—			678			678

Net Income Attributable to The GEO Group, Inc.	$	62,790		$	65,251		$	16,101		$	(80,674	)	$	63,468

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 3, 2010
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	620,271		$	335,588		$	235,747		$	(50,516	)	$	1,141,090
Operating Expenses		523,820			218,679			205,116			(50,516	)		897,099
Depreciation and Amortization		17,877			17,128			4,301			—			39,306
General and Administrative Expenses		36,042			19,500			13,698			—			69,240

Operating Income		42,532			80,281			12,632			—			135,445
Interest Income		202			12			4,729			—			4,943
Interest Expense		(19,709	)		—			(8,809	)		—			(28,518	)
Loss on Extinguishment of Debt		(6,839	)		—			—			—			(6,839	)

Income Before Income Taxes, Equity in Earnings of Affiliates, and Discontinued Operations		16,186			80,293			8,552			—			105,031
Provision for Income Taxes		6,439			31,937			3,703			—			42,079
Equity in Earnings of Affiliates, net of income tax provision		—			—			3,517						3,517

Income from Continuing Operations Before Equity Income of Consolidated Subsidiaries		9,747			48,356			8,366			—			66,469
Income from Consolidated Subsidiaries, net of income tax provision		56,722									(56,722	)		—

Income from Continuing Operations		66,469			48,356			8,366			(56,722	)		66,469
Loss from Discontinued Operations, net of income tax provision		(346	)		(193	)		—			193			(346	)

Net Income		66,123			48,163			8,366			(56,529	)		66,123
Net Loss Attributable to Noncontrolling Interests		—			—			—			(169	)		(169	)

Net Income Attributable to The GEO Group, Inc.	$	66,123		$	48,163		$	8,366		$	(56,698	)	$	65,954

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 1, 2012
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	$	176,913		$	25,877		$	(13,878	)	$	188,912

Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired		(409,607	)		—			—			(409,607	)
Proceeds from sale of property and equipment		—			1,450			33			1,483
Proceeds from sale of assets held for sale		—			7,121			—			7,121
Change in restricted cash and investments		—			—			(9,826	)		(9,826	)
Capital expenditures		(192,339	)		(30,239	)		(2,135	)		(224,713	)

Net cash used in investing activities		(601,946	)		(21,668	)		(11,928	)		(635,542	)

Cash Flow from Financing Activities:
Payments on long-term debt		(257,210	)		(1,275	)		(31,347	)		(289,832	)
Proceeds from long-term debt		782,247			—			53,148			835,395
Distribution to noncontrolling interests		—			—			(4,012	)		(4,012	)
Payments for purchases of treasury shares		(74,982	)		—			—			(74,982	)
Proceeds from the exercise of stock options		2,446			—			—			2,446
Income tax benefit of equity compensation		465			—			—			465
Debt issuance costs		(15,462	)		—			—			(15,462	)

Net cash provided by (used in) financing activities		437,504			(1,275	)		17,789			454,018

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			(2,299	)		(2,299	)

Net Increase in Cash and Cash Equivalents		12,471			2,934			(10,316	)		5,089
Cash and Cash Equivalents, beginning of period		2,614			221			36,829			39,664

Cash and Cash Equivalents, end of period	$	15,085		$	3,155		$	26,513		$	44,753

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 2, 2011
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
	(Dollars in thousands)
Cash Flow from Operating Activities:
Net cash provided by operating activities	$	75,651		$	10,922		$	39,629		$	126,202

Cash Flow from Investing Activities:
Cornell acquisition, cash consideration, net of cash acquired		(260,255	)		—			—			(260,255	)
Just Care purchase price adjustment		—			(41	)		—			(41	)
Proceeds from sale of property and equipment		—			528			—			528
Change in restricted cash		—			—			(11,432	)		(11,432	)
Capital expenditures		(80,016	)		(15,801	)		(1,244	)		(97,061	)

Net cash used in investing activities		(340,271	)		(15,314	)		(12,676	)		(368,261	)

Cash Flow from Financing Activities:
Proceeds from long-term debt		726,000			—			—			726,000
Payments on long-term debt		(386,285	)		(720	)		(10,440	)		(397,445	)
Income tax benefit of equity compensation		3,926			—			—			3,926
Debt issuance costs		(8,400	)		—			—			(8,400	)
Payments for purchase of treasury shares		(80,000	)		—			—			(80,000	)
Payments on retirement of common stock		(7,078	)		—			—			(7,078	)
Proceeds from the exercise of stock options		6,695			—			—			6,695

Net cash provided by (used in) financing activities		254,858			(720	)		(10,440	)		243,698

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			4,169			4,169

Net Increase (Decrease) in Cash and Cash Equivalents		(9,762	)		(5,112	)		20,682			5,808
Cash and Cash Equivalents, beginning of period		12,376			5,333			16,147			33,856

Cash and Cash Equivalents, end of period	$	2,614		$	221		$	36,829		$	39,664

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 3, 2010
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
	(Dollars in thousands)
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	$	(5,448	)	$	119,792		$	16,761		$	131,105

Cash Flow from Investing Activities:
Just Care acquisition, cash consideration, net of cash acquired		—			(38,386	)		—			(38,386	)
Proceeds from sale of property and equipment		150			29			—			179
Dividends from subsidiary		7,400			—			(7,400	)		—
Change in restricted cash		—			—			2,713			2,713
Capital expenditures		(72,379	)		(75,556	)		(1,844	)		(149,779	)

Net cash used in investing activities		(64,829	)		(113,913	)		(6,531	)		(185,273	)

Cash Flow from Financing Activities:
Cash dividends to noncontrolling interests		—			—			(176	)		(176	)
Proceeds from long-term debt		333,000			—			—			333,000
Payments on long-term debt		(252,678	)		(676	)		(14,120	)		(267,474	)
Income tax benefit of equity compensation		601			—			—			601
Debt issuance costs		(17,253	)		—			—			(17,253	)
Termination of interest rate swap agreements		1,719			—			—			1,719
Proceeds from the exercise of stock options		1,457			—			—			1,457

Net cash provided by (used in) financing activities		66,846			(676	)		(14,296	)		51,874

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			4,495			4,495

Net Increase (Decrease) in Cash and Cash Equivalents		(3,431	)		5,203			429			2,201
Cash and Cash Equivalents, beginning of period		15,807			130			15,718			31,655

Cash and Cash Equivalents, end of period	$	12,376		$	5,333		$	16,147		$	33,856

Valuation and Qualifying Accounts

12 Months Ended

Jan. 01, 2012

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

THE GEO GROUP, INC.

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

For the Fiscal Years Ended January 1, 2012, January 2, 2011, and January 3, 2010


Description	Balance at Beginning of Period		Charged to Cost and Expenses			Charged to Other Accounts			Deductions, Actual Charge-Offs			Balance at End of Period
	(In thousands)
YEAR ENDED JANUARY 1, 2012:
Allowance for doubtful accounts	$	1,308	$	1,812		$	3		$	(670	)	$	2,453
YEAR ENDED JANUARY 2, 2011:
Allowance for doubtful accounts	$	429	$	932		$	—		$	(53	)	$	1,308
YEAR ENDED JANUARY 3, 2010:
Allowance for doubtful accounts	$	625	$	485		$	(346	)	$	(335	)	$	429
YEAR ENDED JANUARY 1, 2012:
Asset Replacement Reserve	$	—	$	—		$	—		$	—		$	—
YEAR ENDED JANUARY 2, 2011:
Asset Replacement Reserve	$	—	$	—		$	—		$	—		$	—
YEAR ENDED JANUARY 3, 2010:
Asset Replacement Reserve	$	623	$	(613	)	$	—		$	(10	)	$	—

Summary of Business Operations and Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 01, 2012
Summary of Business Operations and Significant Accounting Policies [Abstract]
Fiscal Year	*Fiscal Year* The Company’s fiscal year ends on the Sunday closest to the calendar year end. Fiscal year 2011 included 52 weeks. Fiscal year 2010 included 52 weeks and fiscal year 2009 included 53 weeks. The Company reports the results of its South African equity affiliate, South African Custodial Services Pty. Limited, (“SACS”), its consolidated South African entity, South African Custodial Management Pty. Limited (“SACM”), its joint venture GEOAmey, and the activities of its consolidated special purpose entity, Municipal Correctional Finance, L.P. (“MCF”) on a calendar year end, due to the availability of information.
Consolidation	*Consolidation* The accompanying consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, and the Company’s activities relative to the financing of operating facilities (the Company’s variable interest entities are discussed further in Note 1 and Note 3). The equity method of accounting is used for investments in non-controlled affiliates in which the Company’s ownership ranges from 20 to 50 percent, or in instances in which the Company is able to exercise significant influence but not control. The Company reports SACS and its 50% owned joint venture in the United Kingdom, GEOAmey, under the equity method of accounting. Noncontrolling interests in consolidated entities represent equity that other investors have contributed to MCF and SACM. Non-controlling interests are adjusted for income and losses allocable to the other shareholders in these entities. All significant intercompany balances and transactions have been eliminated.
Discontinued operations	*Discontinued Operations* The termination of any of the Company’s management contracts, by expiration or otherwise, may result in the classification of the operating results of such management contract, net of taxes, as a discontinued operation. When material, the Company reflects such events as discontinued operations so long as the financial results can be clearly identified, the operations and cash flows are completely eliminated from ongoing operations, and so long as the Company does not have any significant continuing involvement in the operations of the component after the disposal or termination transaction. The component unit for which cash flows are considered to be completely eliminated exists at the customer level. Historically, the Company has classified operations as discontinued in the period they are announced as normally all continuing cash flows cease within three to six months of that date.
Use of Estimates	*Use of Estimates* The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s significant estimates include reserves for self-insured retention related to general liability insurance, workers’ compensation insurance, auto liability insurance, medical malpractice insurance, employer group health insurance, percentage of completion and estimated cost to complete for construction projects, estimated useful lives of property and equipment, stock based compensation and allowance for doubtful accounts. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While the Company believes that such estimates are reasonable when considered in conjunction with the consolidated financial statements taken as a whole, the actual amounts of such estimates, when known, will vary from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. During the first quarter of 2010, the Company completed a depreciation study on its owned correctional facilities. In evaluating useful lives of these assets, the Company considered how long the assets will remain functionally efficient and effective, given competitive factors, economic environment, technological advancements and quality of construction. Based on the results of the depreciation study, the Company revised the estimated useful lives of certain buildings from its historical estimate of 40 years to a revised estimate of 50 years, effective January 4, 2010. The basis for the change in the useful life of the Company’s owned correctional facilities is due to the expectation that these facilities are capable of being used for a longer period than previously anticipated based on quality of construction and effective building maintenance. The Company accounted for the change in the useful lives as a change in estimate which was accounted for prospectively beginning January 4, 2010 by depreciating the assets’ carrying values over their revised remaining useful lives. For fiscal year 2010, the change resulted in a reduction in depreciation and amortization expense of $3.7 million, an increase to net income of $2.2 million and an increase in diluted earnings per share of $0.04.
Cash and Cash Equivalents	*Cash and Cash Equivalents* Cash and cash equivalents include all interest-bearing deposits or investments with original maturities of three months or less. The Company maintains cash and cash equivalents with various financial institutions. These financial institutions are located throughout the United States, Australia, South Africa, Canada and the United Kingdom. As of January 1, 2012, the Company had $25.6 million in cash and cash equivalents held by its international subsidiaries.
Concentration of Credit Risk	*Concentration of Credit Risk* The Company maintains deposits of cash in excess of federally insured limits with certain financial institutions and accordingly, the Company is subject to credit risk. Other than cash, financial instruments that potentially subject the Company to concentrations of credit risk consist principally of trade accounts receivable, a direct finance lease receivable, long-term debt and financial instruments used in hedging activities. The Company’s cash management and investment policies restrict investments to low-risk, highly liquid securities, and the Company performs periodic evaluations of the credit standing of the financial institutions with which it deals.
Accounts Receivable	*Accounts Receivable* Accounts receivable consists primarily of trade accounts receivable due from federal, state, and local government agencies for operating and managing correctional facilities, providing youth and community based services, providing mental health and residential treatment services, providing electronic monitoring and supervision services, providing construction and design services and providing inmate residential and prisoner transportation services. The Company generates receivables with its governmental clients and with other parties in the normal course of business as a result of billing and receiving payment. The Company regularly reviews outstanding receivables, and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established loss reserves, the Company makes judgments regarding its customers’ ability to make required payments, economic events and other factors. As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. The Company also performs ongoing credit evaluations for some of its customers’ financial conditions and generally does not require collateral. Generally, the Company receives payment for these services thirty to sixty days in arrears. However, certain of the Company’s accounts receivable are paid by customers after the completion of their program year and therefore can be aged in excess of one year. The Company maintains reserves for potential credit losses, and such losses traditionally have been within its expectations. Actual write-offs are charged against the allowance when collection efforts have been unsuccessful. As of January 1, 2012, $1.7 million of the Company’s trade receivables were considered to be long-term and are classified as Other Non-Current Assets in the accompanying Consolidated Balance Sheet.
Prepaid Expenses and Other Current Assets	*Prepaid Expenses and Other Current Assets* Prepaid expenses and other current assets include assets that are expected to be realized within the next fiscal year. Included in the balance at January 1, 2012 and January 2, 2011 is $22.2 million and $17.3 million, respectively, of federal and state income tax overpayments that were applied against tax payments due in 2012 and 2011, respectively.
Notes Receivable	*Notes Receivable* The Company has notes receivable from its former joint venture partner in the United Kingdom related to a subordinated loan extended to the joint venture partner while an active member of the partnership. The notes bear interest at a rate of 13%, have semi-annual payments due June 15 and December 15 through June 2018. The Company recognizes interest income on its Notes Receivable as it is earned. The balance outstanding as of January 1, 2012 and January 2, 2011 was $2.7 million and $3.2 million, respectively. This note receivable is included in other assets in the accompanying balance sheets, current and non-current as applicable. *Note Receivable from Joint Venture* The GEO Group UK Limited, the Company’s subsidiary in the United Kingdom (“GEO UK”), has extended a non-revolving line of credit facility to GEOAmey in the principal amount of £12 million. Amounts under the line of credit can be drawn down in multiple advances up to the principal amount and accrue interest at LIBOR plus 3%. The Company recognizes interest income on its Notes Receivable as it is earned. The line of credit was executed in May 2011 for the purpose of funding mobilization costs and on-going start-up and operations of GEOAmey. Principal repayments by GEOAmey under the line of credit are due in March and September, beginning September 2013, with the final payment due no later than March 30, 2018. As of January 1, 2012, the Company was owed £8.4 million, or $13.1 million, including accrued interest of $0.2 million, under the line of credit and has included this balance with Other Non-Current Assets in the accompanying balance sheet.
Restricted Cash and Investments	*Restricted Cash and Investments* The Company’s restricted cash and investments are attributable to: (i) amounts held in escrow or in trust in connection with the 1,904-bed South Texas Detention Complex in Frio County, Texas and the 1,575-bed Northwest Detention Center in Tacoma, Washington, (ii) certain cash restriction requirements at the Company’s wholly owned Australian subsidiary related to the non-recourse debt and other guarantees, (iii) MCF’s bond fund payment account, debt service reserve fund and escrow fund primarily used to segregate rental payments from Cornell Companies, Inc. (“Cornell”), the Company’s wholly-owned subsidiary, to MCF for the purposes of servicing the non-recourse debt and making distributions to equity holders, and (iv) restricted investments related to The GEO Group Inc. Non-qualified Deferred Compensation Plan. The current portion of restricted cash and investments represents the amount expected to be paid within the next twelve months for debt service and amounts that may be paid as distributions to the equity holders of MCF under the Agreement of Limited Partnership.
Direct Finance Leases	*Direct Finance Leases* The Company accounts for the portion of its contracts with certain governmental agencies that represent capitalized lease payments on buildings and equipment as investments in direct finance leases. Accordingly, the minimum lease payments to be received over the term of the leases less unearned income are capitalized as the Company’s investments in the leases. Unearned income is recognized as income over the term of the leases using the effective interest method.
Property and Equipment	*Property and Equipment* Property and equipment are stated at cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Buildings and improvements are depreciated over 2 to 50 years. Equipment and furniture and fixtures are depreciated over 3 to 10 years. Accelerated methods of depreciation are generally used for income tax purposes. Leasehold improvements are amortized on a straight-line basis over the shorter of the useful life of the improvement or the term of the lease. The Company performs ongoing evaluations of the estimated useful lives of the property and equipment for depreciation purposes. The estimated useful lives are determined and continually evaluated based on the period over which services are expected to be rendered by the asset. If the assessment indicates that assets will be used for a longer or shorter period than previously anticipated, the useful lives of the assets are revised, resulting in a change in estimate. The Company has not made any changes in estimate during the fiscal year ended January 1, 2012. Maintenance and repairs are expensed as incurred. Interest is capitalized in connection with the construction of correctional and detention facilities. Capitalized interest is recorded as part of the asset to which it relates and is amortized over the asset’s estimated useful life. The Company reviews long-lived assets to be held and used for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. Events that would trigger an impairment assessment include deterioration of profits for a business segment that has long-lived assets, or when other changes occur that might impair recovery of long-lived assets such as the termination of a management contract. If impairment indicators are present, the Company performs a recoverability test to determine whether or not an impairment loss should be measured. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset or asset group and its eventual disposition. For the purposes of the recoverability test, if a long-lived asset is part of a group that includes other assets, the unit of accounting for the long-lived asset is its group. Generally, the Company groups its assets by facility for the purposes of considering whether any impairment exists. When considering the future cash flows of a facility, the Company makes assumptions based on historical experience with its customers, current data related to the pricing of its management contracts, residual value of its facilities, and/or terminal growth rates. While these estimates do not generally have a material impact on the impairment charges associated with managed-only facilities, the sensitivity increases significantly when considering the impairment on facilities that are either owned or leased by the Company due to the investment the Company makes in buildings and improvements for owned and leased facilities. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the fair value of the asset compared to the carrying value.
Assets Held for Sale	*Assets Held for Sale* The Company records its Assets Held for Sale at the lower of cost or estimated fair value and estimates fair value by using third party appraisers or other valuation techniques. The Company does not record depreciation for its Assets Held for Sale. Any gain or loss on the sale of its operating assets is included in the operating income of reportable segment to which it relates.
Assets Held Under Capital Leases	*Assets Held under Capital Leases* Assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease. Amortization expense is recognized using the straight-line method over the shorter of the estimated useful life of the asset or the term of the related lease and is included in depreciation expense.
Goodwill and Other Intangible Assets	*Goodwill and Other Intangible Assets* The Company has recorded goodwill as a result of its business combinations. Goodwill is recorded as the difference, if any, between the aggregate consideration paid for an acquisition and the fair value of the net tangible assets and other intangible assets acquired. The Company’s goodwill is not amortized and is tested for impairment annually and whenever events or circumstances arise that indicate impairment may have occurred. Impairment testing is performed for all reporting units that contain goodwill. The reporting unit is the same as the operating segment for U.S. Corrections & Detention and is at a level below the operating segment for GEO Care. The Company has identified its reporting units based on the criteria management uses to make key decisions about the business. During the fiscal year ended January 1, 2012, the Company elected to early adopt Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2011-08 and as such, when testing goodwill for impairment, the Company first assesses qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the Company performs the first step of the two-step impairment test by calculating the fair value of the reporting unit, using a discounted cash flow method, and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, the Company performs the second step of the goodwill impairment test to measure the amount of the impairment loss, if any. The qualitative factors used by the Company’s management to determine the likelihood that the fair value of the reporting unit is less than the carrying amount include, among other things, a review of overall economic conditions and their current and future impact on the Company’s existing business, the Company’s financial performance, industry outlook and market competition. During the year, management monitors the actual performance of the business relative to the fair value assumptions used during the prior year annual impairment test and updates its annual impairment test, if needed, to determine the likelihood that the goodwill has been impaired. On the measurement date of October 3, 2011, the first day of the Company’s fourth fiscal quarter, management qualitatively reviewed the Company’s goodwill for impairment and determined that it was not more likely than not that the fair values of the reporting units were less than their carrying values. The Company has also recorded other finite and indefinite lived intangible assets as a result of business combinations and also in connection with the purchase of additional shares in the Company’s consolidated South African joint venture. Other acquired finite and indefinite lived intangible assets are recognized separately if the benefit of the intangible asset is obtained through contractual or other legal rights, or if the intangible asset can be sold, transferred, licensed, rented or exchanged, regardless of the Company’s intent to do so. The Company’s intangible assets include facility management contracts, non-compete agreements, BI trade name and technology. The facility management contracts represent customer relationships in the form of management contracts acquired at the time of each business combination; the non-compete agreements represent the estimated value of contractually restricting certain employees from competing with the Company; the value of BI’s trade name represents, among other intangible benefits, name recognition to its customers and intellectual property rights; and the acquired technology represents BI’s innovation with respect to its GPS tracking monitoring, radio frequency monitoring, voice verification monitoring and alcohol compliance systems. When establishing useful lives, the Company considers the period and the pattern in which the economic benefits of the intangible asset are consumed or otherwise used up; or, if that pattern cannot be reliably determined, using a straight-line amortization method over a period that may be shorter than the ultimate life of such intangible asset. The Company currently amortizes its acquired facility management contracts over periods ranging from three to eighteen years, its covenants not to compete over one to four years, and its acquired technology over seven years. There is no residual value associated with the Company’s finite-lived intangible assets. The Company reviews its finite lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. The Company does not amortize its indefinite lived intangible assets. The Company reviews its indefinite lived intangible assets annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company records the costs associated with renewal and extension of facility management contracts as expenses in the period they are incurred.
Debt Issuance Costs	*Debt Issuance Costs* Debt issuance costs, net of accumulated amortization of $5.3 million and $1.6 million, totaling $26.6 million and $14.8 million at January 1, 2012 and January 2, 2011, respectively, are included in other non-current assets in the consolidated balance sheets and are amortized to interest expense using the effective interest method, over the term of the related debt.
Variable Interest Entities	*Variable Interest Entities* The Company evaluates its joint ventures and other entities in which it has a variable interest (a “VIE”), generally in the form of investments, loans, guarantees, or equity in order to determine if it has a controlling financial interest and is required to consolidate the entity as a result. The reporting entity with a variable interest that provides the entity with a controlling financial interest in the VIE will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. As a result of the acquisition of Cornell in August 2010, the Company assumed the variable interest in MCF of which it is the primary beneficiary and consolidates the entity as a result. MCF was created in August 2001 as a special limited partnership for the purpose of acquiring, owning, leasing and operating low to medium security adult and juvenile correction and treatment facilities. At its inception, MCF purchased assets representing eleven facilities from Cornell and leased those assets back to Cornell under a Master Lease Agreement (the “Lease”). These assets were purchased from Cornell using proceeds from the 8.47% Taxable Revenue Bonds, Series 2001 (“8.47% Revenue Bonds”) due 2016, which are limited non-recourse obligations of MCF and collateralized by the bond reserves, assignment of subleases and substantially all assets related to the eleven facilities. Under the terms of the Lease with Cornell, assumed by the Company, the Company will lease the assets for the remainder of the 20-year base term, which ends in 2021, and has options at its sole discretion to renew the Lease for up to approximately 25 additional years. MCF’s sole source of revenue is from the Company and as such the Company has the power to direct the activities of the VIE that most significantly impact its performance. The Company’s risk is generally limited to the rental obligations under the operating leases. This entity is included in the accompanying consolidated financial statements and all intercompany transactions are eliminated in consolidation. MCF maintains separate financial statements and all of the assets to which MCF has title are included therein. It should be noted that even though the Company consolidates MCF for accounting purposes, this VIE is a separate entity owned by unrelated third parties. MCF’s assets and credit are not available to satisfy the debts and other obligations of the Company. The Company consolidates South Texas Local Development Corporation (“STLDC”), a VIE. STLDC was created to finance construction for the development of a 1,904-bed facility in Frio County, Texas. STLDC, the owner of the complex, issued $49.5 million in taxable revenue bonds and has an operating agreement with the Company, which provides the Company with the sole and exclusive right to operate and manage the detention center. The operating agreement and bond indenture require the revenue from the contract be used to fund the periodic debt service requirements as they become due. The net revenues, if any, after various expenses such as trustee fees, property taxes and insurance premiums are distributed to the Company to cover operating expenses and management fees. The Company is responsible for the entire operations of the facility including the payment of all operating expenses whether or not there are sufficient revenues. The bonds have a ten-year term and are non-recourse to the Company. At the end of the ten-year term of the bonds, title and ownership of the facility transfers from STLDC to the Company. See Note 14. The Company does not consolidate its 50% owned South African joint venture in SACS, a VIE. SACS joint venture investors are GEO and Kensani Corrections, Pty. Ltd; each partner owns a 50% share. The Company has determined it is not the primary beneficiary of SACS since it does not have the power to direct the activities of SACS that most significantly impact its performance. As such, this entity is accounted for as an equity affiliate. SACS was established, and subsequently, in 2001, was awarded a 25-year contract to design, finance and build the Kutama Sinthumule Correctional Centre in Louis Trichardt, South Africa. To fund the construction of the prison, SACS obtained long-term financing from its equity partners and lenders, the repayment of which is fully guaranteed by the South African government, except in the event of default, in which case the government guarantee is reduced to 80%. The Company’s maximum exposure for loss under this contract is limited to its investment in joint venture of $5.6 million at January 1, 2012 and its guarantees related to SACS discussed in Note 14. The Company does not consolidate its 50% owned joint venture in the United Kingdom. In February 2011, The GEO Group Limited, the Company’s wholly-owned subsidiary in the United Kingdom (“GEO UK”), executed a Shareholders Agreement (the “Shareholders Agreement”) with Amey Community Limited (“Amey”), GEOAmey and Amey UK PLC (“Amey Guarantor”) to form a private company limited by shares incorporated in England and Wales. GEOAmey was formed by GEO UK and Amey for the purpose of performing prisoner escort and related custody services in the United Kingdom and Wales. In order to form this private company, GEOAmey issued share capital of £100 divided into 100 shares of £1 each and allocated the shares 50/50 to GEO UK and Amey. GEO UK and Amey each have three directors appointed to the Board of Directors and neither party has the power to direct the activities that most significantly impact the performance of GEOAmey. Both parties provide lines of credit of £12 million or $18.7 million based on exchange rates as of January 1, 2012, to ensure that GEOAmey can comply with future contractual commitments related to the performance of its operations. As of January 1, 2012, $13.1 million, including accrued interest of $0.2 million, was owed to the Company by GEOAmey under the line of credit. GEOAmey commenced operations on August 29, 2011. The Company has recorded $2.4 million in losses, net of tax impact, for GEOAmey’s operations during the fiscal year ended January 1, 2012, which is included in Equity in earnings of affiliates in the accompanying consolidated statement of income and comprehensive income.
Fair Value Measurement/ ASU No.2011-04 related to fair value measurement principles	*Fair Value Measurements* The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (“exit price”). The Company carries certain of its assets and liabilities at fair value, measured on a recurring basis, in the accompanying consolidated balance sheets. The Company also has certain assets and liabilities which are not carried at fair value in its accompanying balance sheets and discloses the fair value measurements compared to the carrying values as of each balance sheet date. The Company’s fair value measurements are disclosed in Note 11 and Note 12. The Company establishes fair value of its assets and liabilities using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels which distinguish between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). The level in the fair value hierarchy within which the respective fair value measurement falls is determined based on the lowest level input that is significant to the measurement in its entirety. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities, Level 2 inputs are other than quotable market prices included in Level 1 that are observable for the asset or liability either directly or indirectly through corroboration with observable market data. Level 3 inputs are unobservable inputs for the assets or liabilities that reflect management’s own assumptions about the assumptions market participants would use in pricing the asset or liability. The Company recognizes transfers between Levels 1, 2 and 3 as of the actual date of the event or change in circumstances that cause the transfer.
Revenue Recognition/ ASU No.2009-13 amendments to revenue recognition separating consideration in multiple element arrangements	*Revenue Recognition* Facility management revenues are recognized as services are provided under facility management contracts with approved government appropriations based on a net rate per day per inmate or on a fixed monthly rate. A limited number of the Company’s contracts have provisions upon which a small portion of the revenue for the contract is based on the performance of certain targets. Revenue based on the performance of certain targets is less than 1% of the Company’s consolidated annual revenues. These performance targets are based on specific criteria to be met over specific periods of time. Such criteria includes the Company’s ability to achieve certain contractual benchmarks relative to the quality of service it provides, non-occurrence of certain disruptive events, effectiveness of its quality control programs and its responsiveness to customer requirements and concerns. For the limited number of contracts where revenue is based on the performance of certain targets, revenue is either (i) recorded pro rata when revenue is fixed and determinable or (ii) recorded when the specified time period lapses. In many instances, the Company is a party to more than one contract with a single entity. In these instances, each contract is accounted for separately. The Company has not recorded any revenue that is at risk due to future performance contingencies. Construction revenues are recognized from the Company’s contracts with certain customers to perform construction and design services (“project development services”) for various facilities. In these instances, the Company acts as the primary developer and subcontracts with bonded National and/or Regional Design Build Contractors. These construction revenues are recognized as earned on a percentage of completion basis measured by the percentage of costs incurred to date as compared to the estimated total cost for each contract. Provisions for estimated losses on uncompleted contracts and changes to cost estimates are made in the period in which the Company determines that such losses and changes are probable. Typically, the Company enters into fixed price contracts and does not perform additional work unless approved change orders are in place. Costs attributable to unapproved change orders are expensed in the period in which the costs are incurred if the Company believes that it is not probable that the costs will be recovered through a change in the contract price. If the Company believes that it is probable that the costs will be recovered through a change in the contract price, costs related to unapproved change orders are expensed in the period in which they are incurred, and contract revenue is recognized to the extent of the costs incurred. Revenue in excess of the costs attributable to unapproved change orders is not recognized until the change order is approved. Changes in job performance, job conditions, and estimated profitability, including those arising from contract penalty provisions, and final contract settlements, may result in revisions to estimated costs and income, and are recognized in the period in which the revisions are determined. As the primary contractor, the Company is exposed to the various risks associated with construction, including the risk of cost overruns. Accordingly, the Company records its construction revenue on a gross basis and includes the related cost of construction activities in Operating Expenses. When evaluating multiple element arrangements for certain contracts where the Company provides project development services to its clients in addition to standard management services, the Company follows revenue recognition guidance for multiple element arrangements. This revenue recognition guidance related to multiple deliverables in an arrangement provides guidance on determining if separate contracts should be evaluated as a single arrangement and if an arrangement involves a single unit of accounting or separate units of accounting and if the arrangement is determined to have separate units, how to allocate amounts received in the arrangement for revenue recognition purposes. In instances where the Company provides these project development services and subsequent management services, generally, the arrangement results in no delivered elements at the onset of the agreement. The elements are delivered over the contract period as the project development and management services are performed. Project development services are not provided separately to a customer without a management contract. During the fiscal year ended January 1, 2012, the Company implemented ASU No. 2009-13 which provides amendments to revenue recognition criteria for separating consideration in multiple element arrangements. The amendments, among other things, establish the selling price of a deliverable, replace the term fair value with selling price and eliminate the residual method such that consideration can be allocated to the deliverables using the relative selling price method based on GEO’s specific assumptions. BI also periodically sells its monitoring equipment and other services together in multiple-element arrangements. In such cases, the Company allocates revenue on the basis of the relative selling price of the delivered and undelivered elements. The selling price for each of the elements is estimated based on the price the Company charges when the elements are sold on a stand alone basis.
Lease Revenue	*Lease Revenue* The Company leases one of its owned facilities to an unrelated third party. The lease has a term of ten years and expires in January 2018 with an option to extend for up to three additional five-year terms. The carrying value of this leased facility as of January 1, 2012 and January 2, 2011 was $35.2 million and $36.1 million, respectively, net of accumulated depreciation of $4.1 million and $3.2 million, respectively. Rental income, included in Revenues, received on this lease for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 was $4.5 million, $4.5 million and $4.5 million, respectively. Future minimum rentals on this lease are as follows:
Income Taxes	*Income Taxes* Deferred income taxes are determined based on the estimated future tax effects of differences between the financial statement and tax basis of assets and liabilities given the provisions of enacted tax laws. Significant judgments are required to determine the consolidated provision for income taxes. Deferred income tax provisions and benefits are based on changes to the assets or liabilities from year to year. Realization of the Company’s deferred tax assets is dependent upon many factors such as tax regulations applicable to the jurisdictions in which the Company operates, estimates of future taxable income and the character of such taxable income. Additionally, the Company must use significant judgment in addressing uncertainties in the application of complex tax laws and regulations. If actual circumstances differ from the Company’s assumptions, adjustments to the carrying value of deferred tax assets or liabilities may be required, which may result in an adverse impact on the results of its operations and its effective tax rate. Valuation allowances are recorded related to deferred tax assets based on the “more likely than not” criteria. The Company has not made any significant changes to the way it accounts for its deferred tax assets and liabilities in any year presented in the consolidated financial statements. Based on its estimate of future earnings and its favorable earnings history, the Company currently expects full realization of the deferred tax assets net of any recorded valuation allowances. Furthermore, tax positions taken by the Company may not be fully sustained upon examination by the taxing authorities. In determining the adequacy of our provision (benefit) for income taxes, potential settlement outcomes resulting from income tax examinations are regularly assessed. As such, the final outcome of tax examinations, including the total amount payable or the timing of any such payments upon resolution of these issues, cannot be estimated with certainty.
Reserves for Insurance Losses	*Reserves for Insurance Losses* The nature of the Company’s business exposes it to various types of third-party legal claims, including, but not limited to, civil rights claims relating to conditions of confinement and/or mistreatment, sexual misconduct claims brought by prisoners or detainees, medical malpractice claims, product liability claims, intellectual property infringement claims, claims relating to employment matters (including, but not limited to, employment discrimination claims, union grievances and wage and hour claims), property loss claims, environmental claims, automobile liability claims, contractual claims and claims for personal injury or other damages resulting from contact with our facilities, programs, electronic monitoring products, personnel or prisoners, including damages arising from a prisoner’s escape or from a disturbance or riot at a facility. In addition, the Company’s management contracts generally require it to indemnify the governmental agency against any damages to which the governmental agency may be subject in connection with such claims or litigation. The Company maintains a broad program of insurance coverage for these general types of claims, except for claims relating to employment matters, for which the Company carries no insurance. There can be no assurance that the Company’s insurance coverage will be adequate to cover all claims to which it may be exposed. It is the Company’s general practice to bring merged or acquired companies into its corporate master policies in order to take advantage of certain economies of scale. The Company currently maintains a general liability policy and excess liability policies with total limits of $67.0 million per occurrence and in the aggregate covering the operations of U.S. Corrections & Detention, GEO Care’s community based services, GEO Care’s youth services and BI. In addition, GEO Care’s residential treatment services division has a separate claims-made liability insurance program for their mental health facilities with a specific loss limit of $35.0 million per occurrence and in the aggregate. That same $35.0 million limit also applies to medical professional liability claims arising out of correctional healthcare services. The Company is uninsured for any claims in excess of these limits. We also maintain insurance to cover property and other casualty risks including, workers’ compensation, environmental liability and automobile liability. For most casualty insurance policies, the Company carries substantial deductibles or self-insured retentions of $3.0 million per occurrence for general liability and hospital professional liability, $2.0 million per occurrence for workers’ compensation and $1.0 million per occurrence for automobile liability. In addition, certain of the Company’s facilities located in Florida and other high-risk hurricane areas carry substantial windstorm deductibles. Since hurricanes are considered unpredictable future events, no reserves have been established to pre-fund for potential windstorm damage. Limited commercial availability of certain types of insurance relating to windstorm exposure in coastal areas and earthquake exposure mainly in California and the Pacific Northwest may prevent the Company from insuring some of its facilities to full replacement value. With respect to operations in South Africa, the United Kingdom and Australia, the Company utilizes a combination of locally-procured insurance and global policies to meet contractual insurance requirements and protect the Company. In addition to these policies, the Company’s Australian subsidiary carries tail insurance on a general liability policy related to a discontinued contract. Of the reserves discussed above, the Company’s most significant insurance reserves relate to workers’ compensation and general liability claims. These reserves are undiscounted and were $45.3 million and $40.2 million as of January 1, 2012 and January 2, 2011, respectively and are included in Accrued expenses in the accompanying balance sheets. The Company uses statistical and actuarial methods to estimate amounts for claims that have been reported but not paid and claims incurred but not reported. In applying these methods and assessing their results, the Company considers such factors as historical frequency and severity of claims at each of its facilities, claim development, payment patterns and changes in the nature of its business, among other factors. Such factors are analyzed for each of the Company’s business segments. The Company estimates may be impacted by such factors as increases in the market price for medical services and unpredictability of the size of jury awards. The Company also may experience variability between its estimates and the actual settlement due to limitations inherent in the estimation process, including its ability to estimate costs of processing and settling claims in a timely manner as well as its ability to accurately estimate the Company’s exposure at the onset of a claim. Because the Company has high deductible insurance policies, the amount of its insurance expense is dependent on its ability to control its claims experience. If actual losses related to insurance claims significantly differ from the Company’s estimates, its financial condition, results of operations and cash flows could be materially adversely impacted.
Comprehensive Income (Loss)	*Comprehensive Income (Loss)* Comprehensive income (loss) represents the change in shareholders’ equity from transactions and other events and circumstances arising from non-shareholder sources. The Company’s total comprehensive income is comprised of net income attributable to The GEO Group, Inc., net income attributable to noncontrolling interests, foreign currency translation adjustments that arise from consolidating foreign operations that do not impact cash flows, net unrealized gains and/ or losses on derivative instruments, and pension liability adjustments in the Consolidated Statements of Shareholders’ Equity and Comprehensive Income.
Foreign Currency Translation	*Foreign Currency Translation* The Company’s foreign operations use their local currencies as their functional currencies. Assets and liabilities of the operations are translated at the exchange rates in effect on the balance sheet date and shareholders’ equity is translated at historical rates. Income statement items are translated at the average exchange rates for the year. The impact of fluctuations in foreign exchange currency rates for the Company’s international subsidiaries is recorded in other comprehensive income. The Company and its foreign subsidiaries also lend and borrow money to and from one another. These loans are measured initially in the functional currency of the recording entity using the exchange rate in effect on that day. At the balance sheet date, the Company adjusts these balances to reflect the then current exchange rate and records a transaction gain or loss based on the change in foreign exchange currency rates.
Derivatives	*Derivatives* The Company’s primary objective in holding derivatives is to reduce the volatility of earnings and cash flows associated with changes in interest rates. The Company measures its derivative financial instruments at fair value and records derivatives as either assets or liabilities on the balance sheet. For derivatives that are designed as and qualify as effective cash flow hedges, the portion of gain or loss on the derivative instrument effective at offsetting changes in the hedged item is reported as a component of accumulated other comprehensive income and reclassified into earnings when the hedged transaction affects earnings. For derivative instruments that are designated as and qualify as effective fair value hedges, the gain or loss on the derivative instruments as well as the offsetting gain or loss on the hedged items attributable to the hedged risk is recognized in current earnings as interest income (expense) during the period of the change in fair values. The Company formally documents all relationships between hedging instruments and hedge items, as well as its risk-management objective and strategy for undertaking various hedge transactions. This process includes attributing all derivatives that are designated as cash flow hedges to floating rate liabilities and attributing all derivatives that are designated as fair value hedges to fixed rate liabilities. The Company also assesses whether each derivative is highly effective in offsetting changes in the cash flows of the hedged item. Fluctuations in the value of the derivative instruments are generally offset by changes in the hedged item; however, if it is determined that a derivative is not highly effective as a hedge or if a derivative ceases to be a highly effective hedge, the Company will discontinue hedge accounting prospectively for the affected derivative.
Stock-Based Compensation Expense	*Stock-Based Compensation Expense* The Company recognizes the cost of stock based compensation awards based upon the grant date fair value of those awards. The Company uses a Black-Scholes option valuation model to estimate the fair value of each option awarded. The impact of forfeitures that may occur prior to vesting is also estimated and considered in the amount recognized. The Company uses historical data to estimate award exercises and employee terminations within the valuation model. The expected term of the awards represents the period of time that awards granted are expected to be outstanding and is based on historical data and expected holding periods. For awards granted as replacement stock options in connection with the Cornell Acquisition in 2010, the risk-free rate is based on the rate for three-month U.S. Treasury Bonds, which is consistent with the expected term of the award. For awards granted in 2011 and 2009, the risk-free rate is based on the rate for five-year U.S. Treasury Bonds, which is consistent with the expected term of the awards.
Treasury Stock	*Treasury Stock* We account for repurchases of our common stock using the cost method with common stock held in treasury classified as a reduction of shareholders’ equity in our consolidated balance sheets.
Earnings Per Share	*Earnings Per Share* Basic earnings per share is computed by dividing the income from continuing operations attributable to The GEO Group Inc., by the weighted average number of outstanding shares of common stock. The calculation of diluted earnings per share is similar to that of basic earnings per share, except that the denominator includes dilutive common stock equivalents such as stock options and shares of restricted stock.
ASU No. 2010-29 related to financial statement disclosures for business combinations	Also, in December 2010, the FASB issued ASU No. 2010-29 related to financial statement disclosures for business combinations entered into after the beginning of the first annual reporting period beginning on or after December 15, 2010. The amendments in this guidance specify that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of the combined entity as though the business combination(s) that occurred during the current year had occurred as of the beginning of the comparable prior annual reporting period only. These amendments also expand the supplemental pro forma disclosures under current guidance for business combinations to include a description of the nature and amount of material, nonrecurring pro forma adjustments directly attributable to the business combination included in the reported pro forma revenue and earnings. The amendments in this update are effective prospectively for business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. The Company acquired BI during the fiscal year ended January 1, 2012 and has implemented this standard, as applicable, to the related business combination disclosures.
ASU No. 2011-05 related to changes in stockholders' equity	In June 2011, the FASB issued ASU No. 2011-05 which requires an entity to present all non-owner changes in stockholders’ equity either in a single continuous statement of comprehensive income or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders’ equity. Regardless of whether an entity chooses to present comprehensive income in a single continuous statement or in two separate but consecutive statements, the entity is required to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s) where the components of net income and the components of other comprehensive income are presented. This standard will become effective for the Company in fiscal years, and interim periods within those years, beginning after December 15, 2011 and should be applied retrospectively. The Company does not believe that the implementation of this standard will have a material impact on its financial position, results of operation and cash flows.
ASU No. 2011-08 related to impairment of goodwill	In September 2011, the FASB issued ASU 2011-08 which is intended to simplify how an entity tests goodwill for impairment. Under the revised guidance, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the goodwill impairment test to measure the amount of the impairment loss, if any. Under the amendments in this update, an entity has the option to bypass the qualitative assessment for any reporting unit in any period and proceed directly to performing the first step of the two-step goodwill impairment test. An entity may resume performing the qualitative assessment in any subsequent period. ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Early adoption is permitted, including for annual and interim goodwill impairment tests performed as of a date before September 15, 2011, if an entity’s financial statements for the most recent annual or interim period have not yet been issued. The Company has elected to early adopt ASU 2011-08 for the purposes of performing its annual goodwill impairment test for its fiscal year ended January 1, 2012. The Company’s measurement date for the annual goodwill test is as of the first day of its fourth fiscal quarter. The implementation of this accounting standard did not have a material impact on the Company’s financial position, results of operations and/or cash flows.

Summary of Business Operations and Significant Accounting Policies (Tables)

12 Months Ended

Jan. 01, 2012

Summary of Business Operations and Significant Accounting Policies [Abstract]

Future minimum rentals on lease


Fiscal Year	Annual Rental
	(In thousands)
2012	$	4,489
2013		4,623
2014		4,762
2015		4,905
2016		5,052
Thereafter		5,638

	$	29,469

Fair value of stock-based awards


	2011			2010			2009
Risk free interest rates		2.06	%		0.16	%		2.00	%
Expected term		4-5years			3 months			4-5years
Expected volatility		43	%		43	%		41	%
Expected dividend		—			—			—

Business Combinations (Tables)

12 Months Ended

Jan. 01, 2012

Business Acquisition [Line Items]

Pro forma financial information


	2011		2010
Pro forma revenues	$	1,626,490	$	1,630,155
Pro forma net income attributable to The GEO Group, Inc. shareholders	$	81,954	$	84,907

BII Holding [Member]

Business Acquisition [Line Items]

Purchase price allocation


	Acquisition Date Estimated Fair Value as of February 10, 2011			Measurement Period Adjustments			Final Acquisition Date Fair Value as of January 1, 2012
Accounts receivable	$	18,321		$	1,298		$	19,619
Prepaid expenses and other current assets		3,896			—			3,896
Deferred income tax assets		15,857			(7,923	)		7,934
Property and equipment		22,359			901			23,260
Intangible assets		126,900			4,900			131,800
Other non-current assets		8,884			—			8,884

Total assets acquired	$	196,217		$	(824	)	$	195,393

Accounts payable		(3,977	)		—			(3,977	)
Accrued expenses		(8,461	)		—			(8,461	)
Deferred income tax liabilities		(43,824	)		7,037			(36,787	)
Other non-current liabilities		(11,431	)		5,411			(6,020	)
Long-term debt		(2,014	)		—			(2,014	)

Total liabilities assumed		(69,707	)		12,448			(57,259	)

Total identifiable net assets		126,510			11,624			138,134
Goodwill		283,097			(11,624	)		271,473

Total cash consideration	$	409,607		$	—		$	409,607

Cornell Companies, Inc. [Member]

Business Acquisition [Line Items]

Purchase price allocation


	Acquisition Date Estimated Fair Value as of January 2, 2011			Measurement Period Adjustments during the fiscal year ended January 1, 2012			Final Acquisition Date Fair Value as of January 1, 2012
Accounts receivable	$	55,142		$	294		$	55,436
Prepaid and other current assets		13,314			(333	)		12,981
Deferred income tax assets		21,273			(3,011	)		18,262
Restricted assets		44,096			—			44,096
Property and equipment		462,771			—			462,771
Intangible assets		75,800			—			75,800
Out of market lease assets		472			—			472
Other long-term assets		7,510			—			7,510

Total assets acquired		680,378			(3,050	)		677,328

Accounts payable and accrued expenses		(56,918	)		3,175			(53,743	)
Fair value of non-recourse debt		(120,943	)		—			(120,943	)
Out of market lease liabilities		(24,071	)		—			(24,071	)
Deferred income tax liabilities		(42,771	)		8,228			(34,543	)
Other long-term liabilities		(1,368	)		—			(1,368	)

Total liabilities assumed		(246,071	)		11,403			(234,668	)

Total identifiable net assets		434,307			8,353			442,660
Goodwill		204,724			(8,353	)		196,371

Fair value of Cornell’s net assets		639,031			—			639,031
Noncontrolling interest		(20,700	)		—			(20,700	)

Total consideration for Cornell, net of cash acquired	$	618,331		$	—		$	618,331

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

Shareholders' Equity (Tables)

12 Months Ended

Jan. 01, 2012

Shareholders' Equity [Abstract]

Components of accumulated other comprehensive income (loss)

The components of accumulated other comprehensive income (loss) are as follows (in thousands):


	Foreign Currency Translation, Net			Projected Benefit Obligation Recognized in Other Comprehensive Income (Loss)			Gains and Losses on Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance December 28, 2008	$	(5,812	)	$	(1,594	)	$	131		$	(7,275	)
Change in foreign currency translation, net of tax benefit of $1,129		10,658			—			—			10,658
Pension liability adjustment, net of tax expense of $636		—			942			—			942
Unrealized gain on derivative instruments, net of income tax benefit of $645		—			—			1,171			1,171

Balance January 3, 2010		4,846			(652	)		1,302			5,496

Change in foreign currency translation, net of tax expense of $1,313		5,084			—			—			5,084
Pension liability adjustment, net of tax benefit of $232		—			(383	)		—			(383	)
Unrealized loss on derivative instruments, net of income tax benefit of $69		—			—			(126	)		(126	)

Balance January 2, 2011		9,930			(1,035	)		1,176			10,071

Change in foreign currency translation, net of tax expense of $999		(5,852	)		—			—			(5,852	)
Pension liability adjustment, net of tax benefit of $730		—			(1,131	)		—			(1,131	)
Unrealized loss on derivative instruments, net of income tax benefit of $638		—			—			(1,158	)		(1,158	)

Balance January 1, 2012	$	4,078		$	(2,166	)	$	18		$	1,930

Equity Incentive Plans (Tables)

12 Months Ended

Jan. 01, 2012

Equity Incentive Plans [Abstract]

Recognized compensation expenses

<table cellspacing="0" cellpadding="0" width="84%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="70%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2010</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2009</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Stock option plan expense </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,681</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,378</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,813</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Restricted stock expense </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,432</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,261</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,509</td> <td nowrap="nowrap" valign="bottom"> </td> </tr>  </table>

Summary of the activity of stock option awards

Stock Options

A summary of the activity of the Company’s stock options plans is presented below:


	Shares			Wtd. Avg. Exercise Price		Wtd. Avg. Remaining Contractual Term		Aggregate Intrinsic Value
	(In thousands)							(In thousands)
Options outstanding at January 2, 2011		1,401		$	15.01		5.84	$	13,517
Granted		554			24.71
Exercised		(298	)		8.22
Forfeited/Canceled		(56	)		20.33

Options outstanding at January 1, 2012		1,601			19.44		6.73	$	2,778

Options exercisable at January 1, 2012		996			17.05		5.52	$	2,775

The following table summarizes information relative to stock option activity during the Company’s fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 (in thousands):


	2011		2010		2009
Intrinsic value of options exercised	$	4,718	$	21,095	$	6,218
Fair value of shares vested	$	2,358	$	2,054	$	1,766

Exercise prices and related information of stock option outstanding

The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company Plans at January 1, 2012:


	Options Outstanding						Options Exercisable
Exercise Prices	Number Outstanding		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price		Number Exercisable		Wtd. Avg. Remaining Contractual Life		Wtd. Avg. Exercise Price
	(in thousands)						(in thousands)
3.17 – 3.98		26		1.1	$	3.17		26		1.1	$	3.17
4.67 – 4.90		77		1.3		4.67		77		1.3		4.67
5.30 – 7.70		111		2.5		6.92		111		2.5		6.92
7.83 – 20.63		260		5.8		15.82		223		5.6		15.67
21.07 – 21.56		591		6.7		21.26		451		6.7		21.32
21.64 – 28.24		536		9.2		24.71		108		9.1		24.70

Total		1,601		6.7	$	19.44		996		5.5	$	17.05

Status of non - vested stock options

The following table summarizes the status of non-vested stock options as of January 1, 2012 and changes during the fiscal year ending January 1, 2012:


	Number of Shares			Wtd. Avg. Grant Date Fair Value
	(In thousands)
Options non-vested at January 2, 2011		356		$	7.37
Granted		554			9.75
Vested		(278	)		8.47
Forfeited		(27	)		8.75

Options non-vested at January 1, 2012		605		$	8.99

Summary of the activity of restricted stock

Restricted Stock


	Shares			Wtd. Avg. Grant date Fair value
	(In thousands)
Restricted stock outstanding at January 2, 2011		161		$	21.12
Granted		381			24.48
Vested		(95	)		22.82
Forfeited/Canceled		(5	)		24.06

Restricted stock outstanding at January 1, 2012		442		$	23.62

Property and Equipment (Tables)

12 Months Ended

Jan. 01, 2012

Property Plant And Equipment [Abstract]

Summary of property and equipment

Property and equipment consist of the following at fiscal year end:


	Useful Life		2011			2010
	(Years)		(In thousands)
Land		—	$	97,674		$	97,393
Buildings and improvements		2 to 50		1,380,757			1,131,895
Leasehold improvements		1 to 29		275,117			260,167
Equipment		3 to 10		119,808			77,906
Furnitures, fixtures and computer software		1 to 7		22,583			18,453
Facility construction in progress				63,974			120,584

Total			$	1,959,913		$	1,706,398
Less accumulated depreciation and amortization				(253,742	)		(195,106	)

Property and equipment, net			$	1,706,171		$	1,511,292

Assets Held for Sale (Tables)

12 Months Ended

Jan. 01, 2012

Assets Held for Sale [Abstract]

Assets Held for Sale by reportable segment

As of January 1, 2012 and January 2, 2011, the Company’s Assets Held for Sale by reportable segment were as follows (in thousands):


	2011		2010
U.S. Corrections & Detention	$	3,455	$	3,083
GEO Care		908		6,887

Total	$	4,363	$	9,970

Investment in Direct Finance Leases (Tables)

12 Months Ended

Jan. 01, 2012

Investment in Direct Finance Leases [Abstract]

Schedule of future minimum rentals to be received

The future minimum rentals to be received are as follows:


Fiscal Year	Annual Repayment
	(In thousands)
2012	$	8,631
2013		8,770
2014		8,946
2015		9,536
2016		9,906
Thereafter		2,625

Total minimum obligation	$	48,414
Less unearned interest income		(10,944	)
Less current portion of direct finance lease		(5,324	)

Investment in direct finance lease	$	32,146

Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Jan. 01, 2012

Goodwill and Other Intangible Assets, Net [Abstract]

Changes in the Company's goodwill balances

Changes in the Company’s goodwill balances recognized during the fiscal year ended January 1, 2012 were as follows (in thousands):


	January 2, 2011		Acquisitions		Foreign currency translation			January 1, 2012
U.S. Corrections & Detention	$	170,376	$	—	$	—		$	170,376
GEO Care		65,456		271,473		—			336,929
International Services		762		—		(1	)		761

Total Goodwill	$	236,594	$	271,473	$	(1	)	$	508,066

Schedule of intangible assets

Intangible assets consisted of the following as of January 1, 2012 and January 2, 2011 (in thousands):


	2011							2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Facility management contracts	$	158,604	$	(22,985	)	$	135,619	$	93,904	$	(10,504	)	$	83,400
Covenants not to compete		8,570		(6,347	)		2,223		7,170		(2,757	)		4,413
Technology		21,200		(2,700	)		18,500		—		—			—
Trade names		44,000		—			44,000		—		—			—

Total acquired intangible assets	$	232,374	$	(32,032	)	$	200,342	$	101,074	$	(13,261	)	$	87,813

Schedule of acquired identifiable intangible assets

On February 10, 2011, the Company acquired BI and recorded identifiable intangible assets as follows:


	Weighted Average Useful Life		Intangible Assets Acquired
	(Years)		(In thousands)
Facility management contracts		13.0	$	65,200
Covenants not to compete		2.0		1,400
Technology		7.0		21,200
Trade names		Indefinite		44,000

Total acquired intangible assets		11.4	$	131,800

Estimated amortization expense for the remainder

Estimated amortization expense related to the Company’s finite-lived intangible assets for fiscal year 2012 through fiscal year 2016 and thereafter is as follows (in thousands):


Fiscal Year	Total Expense Amortization
2012	$	18,108
2013		15,197
2014		14,981
2015		14,950
2016		14,858
Thereafter		78,248

	$	156,342

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details

Financial Instruments (Tables)

12 Months Ended

Jan. 01, 2012

Financial Instruments [Abstract]

Fair Value Assets and Liabilities Measured on Recurring Basis

The following table provides a summary of the Company’s significant financial assets and liabilities carried at fair value and measured on a recurring basis (in thousands):


			Fair Value Measurements at January 1, 2012
	Carrying Value at January 1, 2012		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Interest rate swap derivative assets	$	7,440	$	—	$	7,440	$	—
Restricted investments:
Guaranteed Investment Contract	$	5,742	$	—	$	5,742	$	—
Guaranteed Repurchase Agreements	$	33,821	$	—	$	33,821	$	—
Rabbi Trust	$	8,016	$	5,898	$	2,118	$	—
Fixed income securities	$	2,013	$	—	$	2,013	$	—


			Fair Value Measurements at January 2, 2011
	Carrying Value at January 2, 2011		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Interest rate swap derivative assets	$	5,131	$	—	$	5,131	$	—
Restricted investments:
Guaranteed Investment Contract	$	5,742	$	—	$	5,742	$	—
Rabbi Trust	$	6,168	$	6,168	$	—	$	—
Fixed income securities	$	1,791	$	—	$	1,791	$	—

Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Jan. 01, 2012

Fair Value of Assets and Liabilities [Abstract]

Carrying value and estimated fair value of financial instruments


	January 1, 2012
	Carrying Value		Estimated Fair Value
Assets:
Cash and cash equivalents	$	44,753	$	44,753
Restricted cash		52,868		52,868
Liabilities:
Borrowings under the Senior Credit Facility	$	782,962	$	785,917
7³/ 4% Senior Notes		247,141		262,033
6.625% Senior Notes		300,000		300,375
Non-Recourse Debt, Australian subsidiary		40,345		41,347
Other Non-Recourse Debt, including current portion		201,453		206,712


	January 2, 2011
	Carrying Value		Estimated Fair Value
Assets:
Cash and cash equivalents	$	39,664	$	39,664
Restricted cash		78,732		78,732
Liabilities:
Borrowings under the Senior Credit Facility	$	557,758	$	562,610
7³/ 4% Senior Notes		250,078		265,000
Non-Recourse Debt, Australian subsidiary		46,300		46,178
Other Non-Recourse Debt, including current portion		176,384		180,340

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Subparagraph (a)
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-Publisher FASB
-Name Accounting Standards Codification
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-Subparagraph (a)
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-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

+ Details

Accrued Expenses (Tables)

12 Months Ended

Jan. 01, 2012

Accrued Expenses [Abstract]

Summary of accrued expenses

Accrued expenses consisted of the following (in thousands):


	2011		2010
Accrued interest	$	18,072	$	12,153
Accrued bonus		8,849		12,825
Accrued insurance		52,437		44,237
Accrued property and other taxes		12,959		13,526
Construction retainage		8,247		2,012
Other		26,293		33,719

Total	$	126,857	$	118,472

Debt (Tables)

12 Months Ended

Jan. 01, 2012

Debt [Abstract]

Summary of Debt

Debt consisted of the following (in thousands):


	2011			2010
Capital Lease Obligations	$	14,171		$	14,470
Senior Credit Facility:
Term loans		482,500			347,625
Discount on term loan		(1,538	)		(1,867	)
Revolver		302,000			212,000

Total Senior Credit Facility	$	782,962		$	557,758
6.625% Senior Notes:
Notes Due in 2021	$	300,000		$	—
7³/4% Senior Notes:
Notes Due in 2017	$	250,000		$	250,000
Discount on Notes		(2,859	)		(3,227	)
Swap on Notes		7,411			3,305

Total 7³/4% Senior Notes	$	254,552		$	250,078
Non-Recourse Debt :
Non-Recourse Debt	$	235,430		$	212,445
Premium on Non-Recourse Debt		8,304			11,403
Discount on Non-Recourse Debt		(1,936	)		(1,164	)

Total Non-Recourse Debt		241,798			222,684
Other debt		870			—

Total debt	$	1,594,353		$	1,044,990

Current portion of capital lease obligations, long-term debt and non-recourse debt		(53,666	)		(41,574	)
Capital Lease Obligations, long-term portion		(13,087	)		(13,686	)
Non-Recourse Debt		(208,532	)		(191,394	)

Long-Term Debt	$	1,319,068		$	798,336

Indebtedness under the revolver and the term loan A and the term loan A -2 bears interest


		Interest Rate under the Revolver and Term Loan A
LIBOR borrowings		LIBOR plus 2.00% to 3.00%.
Base rate borrowings		Prime Rate plus 1.00% to 2.00%.
Letters of credit		2.00% to 3.00%.
Unused Revolver		0.375% to 0.50%.

Maximum leverage ratios

The Company must not exceed the following Total Leverage Ratios, as computed at the end of each fiscal quarter for the immediately preceding four quarter-period:


Period	Total Leverage Ratio — Maximum Ratio
Through and including the last day of fiscal year 2011		5.25 to 1.00
First day of fiscal year 2012 through and including the last day of fiscal year 2012		5.00 to 1.00
First day of fiscal year 2013 through and including the last day of fiscal year 2013		4.75 to 1.00
Thereafter		4.25 to 1.00

Maximum senior secured leverage ratios


Period	Senior Secured Leverage Ratio — Maximum Ratio
Through and including the last day of the Second Quarter of fiscal year 2012		3.25 to 1.00
First day of the Third Quarter of fiscal year 2012 through and including the last day of the Second Quarter of fiscal year 2013		3.00 to 1.00
Thereafter		2.75 to 1.00

Redemption of 6.625% Senior Notes


Year	Percentage
2016		103.3125	%
2017		102.2083	%
2018		101.1042	%
2019 and thereafter		100.0000	%

Redemption of 73/4% Senior Notes


Year	Percentage
2013		103.875	%
2014		101.938	%
2015 and thereafter		100.000	%

Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt

Debt repayment schedules under Capital Lease Obligations, Long-Term Debt, Non-Recourse Debt and the Senior Credit Facility are as follows:


Fiscal Year	Capital Leases			Long-Term Debt			Non- Recourse Debt			Revolver		Term Loans			Total Annual Repayment
	(In thousands)
2012	$	2,185		$	441		$	33,266		$	—	$	18,875		$	54,767
2013		2,181			230			35,599			—		33,875			71,885
2014		1,959			168			42,960			—		73,250			118,337
2015		1,932			16			40,117			302,000		214,000			558,065
2016		1,935			4			43,078			—		142,500			187,517
Thereafter		10,907			550,011			40,410			—		—			601,328

	$	21,099		$	550,870		$	235,430		$	302,000	$	482,500		$	1,591,899

Interest imputed on Capital Leases		(6,928	)		—			—			—		—			(6,928	)
Original issuer’s discount		—			(2,859	)		(1,936	)		—		(1,538	)		(6,333	)
Fair value premium on Non-Recourse Debt		—			—			8,304			—		—			8,304
Interest rate swap		—			7,411			—			—		—			7,411
Current portion		(1,084	)		(441	)		(33,266	)		—		(18,875	)		(53,666	)

Non-current portion	$	13,087		$	554,981		$	208,532		$	302,000	$	462,087		$	1,540,687

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
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-Publisher FASB
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-Publisher FASB
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-Subparagraph (SX 210.5-02.22)
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-Publisher FASB
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-Publisher FASB
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-Publisher FASB
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Commitments and Contingencies (Tables)

12 Months Ended

Jan. 01, 2012

Commitments and Contingencies [Abstract]

Future minimum commitments under leases


Fiscal Year	Annual Rental
	(In thousands)
2012	$	35,826
2013		33,281
2014		25,692
2015		17,486
2016		14,948
Thereafter		48,707

	$	175,940

Earnings Per Share (Tables)

12 Months Ended

Jan. 01, 2012

Earnings Per Share [Abstract]

Basic and diluted earnings per share

Basic and diluted earnings per share (“EPS”) were calculated for the fiscal years ended January 1, 2012, January 2, 2011 and January 3, 2010 as follows (in thousands, except per share data):


Fiscal Year	2011		2010		2009
	(In thousands, except per share data)
Income from continuing operations	$	77,463	$	62,790	$	66,469
Loss (Earnings) attributable to noncontrolling interests		1,162		678		(169	)

Income from continuing operations attributable to The GEO Group, Inc.	$	78,625	$	63,468	$	66,300
Basic earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879

Per share amount	$	1.24	$	1.15	$	1.30

Diluted earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding		63,425		55,379		50,879
Diluted effect of equity incentive plans		315		610		1,043

Weighted average shares assuming dilution		63,740		55,989		51,922

Per share amount	$	1.23	$	1.13	$	1.28

Benefit Plans (Tables)

12 Months Ended

Jan. 01, 2012

Benefit Plans [Abstract]

Assumptions used in calculation of accrued pension costs based on market information, historical rates for employment compensation and discount rates


	2011			2010
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	13,830		$	16,206
Service Cost		645			525
Interest Cost		667			746
Actuarial (Gain) Loss		1,922			986
Benefits Paid		(185	)		(4,633	)

Projected Benefit Obligation, End of Year	$	16,879		$	13,830

Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions		185			4,633
Benefits Paid		(185	)		(4,633	)

Plan Assets at Fair Value, End of Year	$	—		$	—

Unfunded Status of the Plan	$	(16,879	)	$	(13,830	)

Amounts Recognized in Accumulated Other Comprehensive Income
Prior Service Cost		—			—
Net Loss		3,531			1,671

Total Pension Cost	$	3,531		$	1,671

Components of net periodic benefit cost and weighted average assumptions for expense


	Fiscal 2011			Fiscal 2010
Components of Net Periodic Benefit Cost
Service Cost	$	645		$	525
Interest Cost		667			746
Amortization of:
Prior Service Cost		—			41
Net Loss		62			33
Settlements		—			297

Net Periodic Pension Cost	$	1,374		$	1,642

Weighted Average Assumptions for Expense
Discount Rate		5.50	%		5.75	%
Expected Return on Plan Assets		N/A			N/A
Rate of Compensation Increase		4.29	%		4.50	%

Benefit payments representing the company's obligations to employees


Fiscal Year	Pension Benefits
	(In thousands)
2012	$	6,249
2013		247
2014		295
2015		340
2016		388
Thereafter		9,360

	$	16,879

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 4, 7, 16, 20, 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=6930749&loc=d3e4179-114921

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e2410-114920

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e2439-114920

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e2417-114920

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Business Segments and Geographic Information (Tables)

12 Months Ended

Jan. 01, 2012

Business Segments and Geographic Information [Abstract]

Operating and Reporting Segments


Fiscal Year	2011			2010			2009
Revenues:
U.S. Corrections & Detention	$	970,507		$	842,417		$	772,497
GEO Care		426,759			213,819			133,387
International Services		215,514			190,477			137,171
Facility Construction & Design		119			23,255			98,035

Total revenues	$	1,612,899		$	1,269,968		$	1,141,090

Depreciation and amortization:
U.S. Corrections & Detention	$	55,676		$	39,744		$	35,855
GEO Care		27,530			6,600			2,003
International Services		2,135			1,767			1,448
Facility Construction & Design		—			—			—

Total depreciation and amortization	$	85,341		$	48,111		$	39,306

Operating Income:
U.S. Corrections & Detention	$	218,569		$	204,398		$	178,329
GEO Care		72,932			27,746			17,958
International Services		14,440			12,311			8,017
Facility Construction & Design		37			2,382			381

Operating income from segments		305,978			246,837			204,685
General and Administrative Expenses		(113,809	)		(106,364	)		(69,240	)

Total operating income	$	192,169		$	140,473		$	135,445


	2011		2010
	(In thousands)
Segment assets:
U.S. Corrections & Detention	$	2,027,717	$	1,849,423
GEO Care		747,656		299,563
International Services		98,449		103,004
Facility Construction & Design		157		26

Total segment assets	$	2,873,979	$	2,252,016

Pre-Tax Income Reconciliation of Segments


Fiscal Year Ended	2011			2010			2009
	(In thousands)
Operating income from segments	$	305,978		$	246,837		$	204,685
Unallocated amounts:
General and administrative expense		(113,809	)		(106,364	)		(69,240	)
Net interest expense		(68,344	)		(34,436	)		(23,575	)
Costs related to early extinguishment of debt		—			(7,933	)		(6,839	)

Income before income taxes, equity in earnings of affiliates and discontinued operations	$	123,825		$	98,104		$	105,031

Asset Reconciliation of Segments

The following is a reconciliation of the Company’s reportable segment assets to the Company’s total assets as of January 1, 2012 and January 2, 2011, respectively.


	2011		2010
	(In thousands)
Reportable segment assets	$	2,873,979	$	2,252,016
Cash		44,753		39,664
Deferred income tax		30,437		30,051
Restricted cash and investments		100,447		90,642

Total assets	$	3,049,616	$	2,412,373

Geographical Information


Fiscal Year	2011		2010		2009
	(In thousands)
Revenues:
U.S. operations	$	1,397,385	$	1,079,491	$	1,003,919
Australia operations		164,870		142,648		103,197
South African operations		21,357		19,231		16,843
United Kingdom operations		29,287		28,598		17,131

Total revenues	$	1,612,899	$	1,269,968	$	1,141,090

Long-lived assets:
U.S. operations	$	1,700,766	$	1,506,666	$	994,327
Australia operations		4,469		3,603		2,887
South African operations		334		439		447
United Kingdom operations		602		584		899

Total long-lived assets	$	1,706,171	$	1,511,292	$	998,560

Sources of Revenue


Fiscal Year	2011		2010		2009
	(In thousands)
Revenues:
Corrections & Detention	$	1,186,021	$	1,032,894	$	909,668
GEO Care		426,759		213,819		133,387
Facility Construction & Design		119		23,255		98,035

Total revenues	$	1,612,899	$	1,269,968	$	1,141,090

Equity in Earnings of Affiliates

A summary of financial data for SACS is as follows:


Fiscal Year	2011		2010		2009
	(In thousands)
Statement of Operations Data
Revenues	$	48,844	$	46,005	$	37,736
Operating income		19,613		18,350		14,958
Net income		7,856		8,435		7,034
Balance Sheet Data
Current assets		21,068		40,624		33,808
Noncurrent assets		39,110		50,613		47,453
Current liabilities		3,645		3,552		2,888
Non-current liabilities		45,237		60,129		53,877
Shareholders’ equity		11,296		27,556		24,496

Business Concentration

Except for the major customers noted in the following table, no other single customer made up greater than 10% of the Company’s consolidated revenues for the following fiscal years.


Customer	2011			2010			2009
Various agencies of the U.S Federal Government:		40	%		35	%		31	%
Various agencies of the State of Florida:		11	%		14	%		16	%

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Income Taxes (Tables)

12 Months Ended

Jan. 01, 2012

Income Taxes [Abstract]

Income (loss) before income taxes and equity income

The United States and foreign components of income (loss) before income taxes and equity income from affiliates are as follows:


	2011		2010		2009
	(In thousands)
Income before income taxes, equity earnings in affiliates, and discontinued operations
United States	$	107,743	$	84,531	$	96,651
Foreign		16,082		13,573		8,380

		123,825		98,104		105,031

Discontinued operations:
Loss from operation of discontinued business		—		—		(562	)

Total	$	123,825	$	98,104	$	104,469

Components of taxes on income (loss)

Taxes on income (loss) consist of the following components:


	2011			2010			2009
	(In thousands)
Federal income taxes:
Current	$	(474	)	$	13,316		$	24,443
Deferred		36,650			16,070			10,734

		36,176			29,386			35,177

State income taxes:
Current		2,673			2,713			2,889
Deferred		4,803			3,136			310

		7,476			5,849			3,199

Foreign:
Current		4,706			5,562			4,737
Deferred		(433	)		(1,265	)		(1,034	)

		4,273			4,297			3,703

Total U.S. and foreign		47,925			39,532			42,079

Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)

Total	$	47,925		$	39,532		$	41,863

Reconciliation of the statutory U.S. federal tax rate (35.0%) and the effective income tax rate

A reconciliation of the statutory U.S. federal tax rate 35.0% and the effective income tax rate is as follows:


	2011			2010			2009
	(In thousands)
Continuing operations:
Provisions using statutory federal income tax rate	$	43,339		$	34,336		$	36,761
State income taxes, net of federal tax benefit		4,907			3,671			2,949
Change in contingent tax liabilities		(337	)		(2,366	)		1,591
Impact of nondeductible transaction costs		65			3,230			283
Other, net		(49	)		661			495

Total continuing operations		47,925			39,532			42,079

Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)

Provision for income taxes	$	47,925		$	39,532		$	41,863

Components of the net current deferred income tax asset

The components of the net current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:


	2011		2010
	(In thousands)
Accrued liabilities	$	21,179	$	20,768
Accrued compensation		6,005		5,351
Other, net		1,542		2,996

Total asset	$	28,726	$	29,115

Components of the net non-current deferred income tax asset

The components of the net non-current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:


	2011		2010
	(In thousands)
Depreciation	$	1,711	$	936

Total asset	$	1,711	$	936

Components of the net non-current deferred income tax liability

The components of the net non-current deferred income tax liability as of January 1, 2012 and January 2, 2011 are as follows:


	2011			2010
	(In thousands)
Deferred compensation	$	9,614		$	7,628
Net operating losses		17,541			7,988
Tax credits		6,136			4,414
Deferred loan costs		2,073			2,143
Equity Awards		2,881			2,047
Other, net		1,879			1,187
Bond discount		(657	)		(780	)
Residual U.S. tax liability on unrepatriated foreign earnings		(3,668	)		(3,052	)
Valuation allowance		(8,217	)		(7,793	)
Deferred Rent		(6,212	)		(672	)
Intangible assets		(72,579	)		(29,606	)
Depreciation		(74,000	)		(38,822	)

Total liability	$	(125,209	)	$	(55,318	)

Reconciliation of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2011			2010			2009
	(In thousands)
Balance at Beginning of Period	$	9,262		$	5,947		$	5,889
Additions based on tax positions related to the current year		13			3,251			479
Additions for tax positions of prior years		43			200			4,854
Additions from current year acquisitions		3,848			2,928			—
Reductions for tax positions of prior years		(3,237	)		(2,891	)		(1,877	)
Reductions as result of a lapse of applicable statutes of limitations		(845	)		—			—
Settlements		(2,356	)		(173	)		(3,398	)

Balance at End of Period	$	6,728		$	9,262		$	5,947

Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jan. 01, 2012

Selected Quarterly Financial Data (Unaudited) [Abstract]

Company's quarterly financial data

The Company’s selected quarterly financial data is as follows (in thousands, except per share data):


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2011
Revenues(1)	$	391,766	$	407,817	$	406,847	$	406,469
Operating income(2)		40,890		50,407		51,230		49,642
Net income(3)		16,380		21,163		21,293		18,627
Net income attributable to The GEO Group Inc.		16,790		21,578		21,518		18,739
Net income per common share attributable to The GEO Group Inc.—Basic	$	0.26	$	0.33	$	0.34	$	0.30
Net income per common share attributable to The GEO Group Inc.—Diluted	$	0.26	$	0.33	$	0.34	$	0.30


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2010
Revenues(1)	$	287,542	$	280,095	$	327,933	$	374,398
Operating income(2)		34,524		33,050		29,524		43,375
Net income		17,708		17,025		5,010		23,047
Net income attributable to The GEO Group Inc.		17,672		17,017		5,281		23,498
Net income per common share attributable to The GEO Group Inc.—Basic	$	0.35	$	0.35	$	0.09	$	0.37
Net income per common share attributable to The GEO Group Inc.—Diluted	$	0.34	$	0.35	$	0.09	$	0.36

(1)

(2)

(3)

Condensed Consolidating Financial Information (Tables)

12 Months Ended

Jan. 01, 2012

Condensed Consolidating Financial Information Disclosure [Abstract]

CONDENSED CONSOLIDATING BALANCE SHEET

CONDENSED CONSOLIDATING BALANCE SHEET


	As of January 1, 2012
	The GEO Group, Inc.		Combined Subsidiary Guarantors		Combined Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(Dollars in thousands)
ASSETS
Cash and cash equivalents	$	15,085	$	3,155	$	26,513		—		$	44,753
Restricted cash and investments		—		—		42,535		—			42,535
Accounts receivable, less allowance for doubtful accounts		128,302		141,671		22,810		—			292,783
Deferred income tax assets, net		14,063		10,875		3,788		—			28,726
Prepaid expenses and other current assets		17,315		23,832		10,539		(1,154	)		50,532

Total current assets		174,765		179,533		106,185		(1,154	)		459,329

Restricted Cash and Investments		8,016		—		49,896		—			57,912
Property and Equipment, Net		620,821		834,513		250,837		—			1,706,171
Assets Held for Sale		3,083		1,280		—		—			4,363
Direct Finance Lease Receivable		—		—		32,146		—			32,146
Intercompany Receivable		386,026		14,305		14,028		(414,359	)		—
Deferred Income Tax Assets, Net		—				1,711					1,711
Goodwill		34		507,272		760		—			508,066
Intangible Assets, Net		—		198,477		1,865		—			200,342
Investment in Subsidiaries		1,349,188		9,784		—		(1,358,972	)		—
Other Non-Current Assets		40,695		73,480		31,022		(65,621	)		79,576

	$	2,582,628	$	1,818,644	$	488,450	$	(1,840,106	)	$	3,049,616


LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	$	47,162	$	18,549	$	3,942		—		$	69,653
Accrued payroll and related taxes		3,223		18,417		17,002		—			38,642
Accrued expenses		69,756		33,504		24,751		(1,154	)		126,857
Current portion of capital lease obligations, long-term debt and non-recourse debt		19,037		1,363		33,266		—			53,666

Total current liabilities		139,178		71,833		78,961		(1,154	)		288,818

Deferred Income Tax Liabilities		42,879		82,296		34		—			125,209
Intercompany Payable		14,027		378,005		22,327		(414,359	)		—
Other Non-Current Liabilities		29,384		28,654		63,964		(65,621	)		56,381
Capital Lease Obligations		—		13,087		—		—			13,087
Long-Term Debt		1,318,639		429		—		—			1,319,068
Non-Recourse Debt		—		—		208,532		—			208,532
Commitments & Contingencies
Total Shareholders’ Equity		1,038,521		1,244,340		114,632		(1,358,972	)		1,038,521

	$	2,582,628	$	1,818,644	$	488,450	$	(1,840,106	)	$	3,049,616

CONDENSED CONSOLIDATING BALANCE SHEET


	As of January 2, 2011
	The GEO Group, Inc.		Combined Subsidiary Guarantors		Combined Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(Dollars in thousands)
ASSETS
Cash and cash equivalents	$	2,614	$	221	$	36,829		—		$	39,664
Restricted cash and investments		—		—		41,150		—			41,150
Accounts receivable, less allowance for doubtful accounts		121,749		130,197		23,832		—			275,778
Deferred income tax assets, net		15,191		9,797		4,127		—			29,115
Prepaid expenses and other current assets		12,325		23,222		9,256		(8,426	)		36,377

Total current assets		151,879		163,437		115,194		(8,426	)		422,084

Restricted Cash and Investments		6,168		—		43,324		—			49,492
Property and Equipment, Net		433,219		867,046		211,027		—			1,511,292
Assets Held for Sale		3,083		6,887		—		—			9,970
Direct Finance Lease Receivable		—		—		37,544		—			37,544
Intercompany Receivable		203,703		14,380		1,805		(219,888	)		—
Deferred Income Tax Assets, Net		—		—		936					936
Goodwill		34		235,798		762		—			236,594
Intangible Assets, Net		—		85,384		2,429		—			87,813
Investment in Subsidiaries		1,184,297		—		—		(1,184,297	)		—
Other Non-Current Assets		24,020		45,820		28,558		(41,750	)		56,648

	$	2,006,403	$	1,418,752	$	441,579	$	(1,454,361	)	$	2,412,373


LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	$	57,015	$	13,254	$	3,611		—		$	73,880
Accrued payroll and related taxes		6,535		10,965		15,861		—			33,361
Accrued expenses		55,081		38,193		33,624		(8,426	)		118,472
Current portion of capital lease obligations, long-term debt and non-recourse debt		9,500		782		31,292		—			41,574

Total current liabilities		128,131		63,194		84,388		(8,426	)		267,287

Deferred Income Tax Liabilities		15,874		39,424		20		—			55,318
Intercompany Payable		1,805		199,994		18,089		(219,888	)		—
Other Non-Current Liabilities		22,767		25,839		40,006		(41,750	)		46,862
Capital Lease Obligations		—		13,686		—		—			13,686
Long-Term Debt		798,336		—		—		—			798,336
Non-Recourse Debt		—		—		191,394		—			191,394
Commitments & Contingencies
Total Shareholders’ Equity		1,039,490		1,076,615		107,682		(1,184,297	)		1,039,490

	$	2,006,403	$	1,418,752	$	441,579	$	(1,454,361	)	$	2,412,373

CONDENSED CONSOLIDATING STATEMENTS OF INCOME

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 1, 2012
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	589,250		$	876,450		$	234,468		$	(87,269	)	$	1,612,899
Operating Expenses		534,464			589,967			184,418			(87,269	)		1,221,580
Depreciation and Amortization		20,935			56,865			7,541			—			85,341
General and Administrative Expenses		39,445			58,669			15,695			—			113,809

Operating Income (Loss)		(5,594	)		170,949			26,814			—			192,169
Interest Income		29,087			2,614			6,462			(31,125	)		7,038
Interest Expense		(61,447	)		(30,724	)		(14,336	)		31,125			(75,382	)

Income (Loss) Before Income Taxes and Equity in Earnings of Affiliates		(37,954	)		142,839			18,940			—			123,825
Provision (Benefit) for Income Taxes		(14,517	)		55,427			7,015			—			47,925
Equity in Earnings of Affiliates, net of income tax provision		—			—			1,563			—			1,563

Income (Loss) Before Equity Income of Consolidated Subsidiaries		(23,437	)		87,412			13,488			—			77,463
Income from Consolidated Subsidiaries, net of income tax provision		100,900			—			—			(100,900	)		—

Net Income		77,463			87,412			13,488			(100,900	)		77,463
Net Loss Attributable to Noncontrolling Interests		—			—			—			1,162			1,162

Net Income Attributable to The GEO Group, Inc.	$	77,463		$	87,412		$	13,488		$	(99,738	)	$	78,625

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 2, 2011
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	589,009		$	522,526		$	226,005		$	(67,572	)	$	1,269,968
Operating Expenses		518,387			344,046			180,159			(67,572	)		975,020
Depreciation and Amortization		17,011			25,787			5,313			—			48,111
General and Administrative Expenses		46,840			41,552			17,972			—			106,364

Operating Income		6,771			111,141			22,561			—			140,473
Interest Income		5,309			1,326			5,836			(6,200	)		6,271
Interest Expense		(29,484	)		(6,126	)		(11,297	)		6,200			(40,707	)
Loss on Extinguishment of Debt		(7,933	)		—			—			—			(7,933	)

Income (Loss) Before Income Taxes and Equity in Earnings of Affiliates		(25,337	)		106,341			17,100			—			98,104
Provision (Benefit) for Income Taxes		(6,775	)		41,090			5,217			—			39,532
Equity in Earnings of Affiliates, net of income tax provision		—			—			4,218			—			4,218

Income (Loss) Before Equity Income of Consolidated Subsidiaries		(18,562	)		65,251			16,101			—			62,790
Income from Consolidated Subsidiaries, net of income tax provision		81,352									(81,352	)		—

Net Income		62,790			65,251			16,101			(81,352	)		62,790
Net Loss Attributable to Noncontrolling Interests		—			—			—			678			678

Net Income Attributable to The GEO Group, Inc.	$	62,790		$	65,251		$	16,101		$	(80,674	)	$	63,468

CONDENSED CONSOLIDATING STATEMENTS OF INCOME


	For the Fiscal Year Ended January 3, 2010
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	620,271		$	335,588		$	235,747		$	(50,516	)	$	1,141,090
Operating Expenses		523,820			218,679			205,116			(50,516	)		897,099
Depreciation and Amortization		17,877			17,128			4,301			—			39,306
General and Administrative Expenses		36,042			19,500			13,698			—			69,240

Operating Income		42,532			80,281			12,632			—			135,445
Interest Income		202			12			4,729			—			4,943
Interest Expense		(19,709	)		—			(8,809	)		—			(28,518	)
Loss on Extinguishment of Debt		(6,839	)		—			—			—			(6,839	)

Income Before Income Taxes, Equity in Earnings of Affiliates, and Discontinued Operations		16,186			80,293			8,552			—			105,031
Provision for Income Taxes		6,439			31,937			3,703			—			42,079
Equity in Earnings of Affiliates, net of income tax provision		—			—			3,517						3,517

Income from Continuing Operations Before Equity Income of Consolidated Subsidiaries		9,747			48,356			8,366			—			66,469
Income from Consolidated Subsidiaries, net of income tax provision		56,722									(56,722	)		—

Income from Continuing Operations		66,469			48,356			8,366			(56,722	)		66,469
Loss from Discontinued Operations, net of income tax provision		(346	)		(193	)		—			193			(346	)

Net Income		66,123			48,163			8,366			(56,529	)		66,123
Net Loss Attributable to Noncontrolling Interests		—			—			—			(169	)		(169	)

Net Income Attributable to The GEO Group, Inc.	$	66,123		$	48,163		$	8,366		$	(56,698	)	$	65,954

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 1, 2012
	The GEO Group, Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	$	176,913		$	25,877		$	(13,878	)	$	188,912

Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired		(409,607	)		—			—			(409,607	)
Proceeds from sale of property and equipment		—			1,450			33			1,483
Proceeds from sale of assets held for sale		—			7,121			—			7,121
Change in restricted cash and investments		—			—			(9,826	)		(9,826	)
Capital expenditures		(192,339	)		(30,239	)		(2,135	)		(224,713	)

Net cash used in investing activities		(601,946	)		(21,668	)		(11,928	)		(635,542	)

Cash Flow from Financing Activities:
Payments on long-term debt		(257,210	)		(1,275	)		(31,347	)		(289,832	)
Proceeds from long-term debt		782,247			—			53,148			835,395
Distribution to noncontrolling interests		—			—			(4,012	)		(4,012	)
Payments for purchases of treasury shares		(74,982	)		—			—			(74,982	)
Proceeds from the exercise of stock options		2,446			—			—			2,446
Income tax benefit of equity compensation		465			—			—			465
Debt issuance costs		(15,462	)		—			—			(15,462	)

Net cash provided by (used in) financing activities		437,504			(1,275	)		17,789			454,018

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			(2,299	)		(2,299	)

Net Increase in Cash and Cash Equivalents		12,471			2,934			(10,316	)		5,089
Cash and Cash Equivalents, beginning of period		2,614			221			36,829			39,664

Cash and Cash Equivalents, end of period	$	15,085		$	3,155		$	26,513		$	44,753

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 2, 2011
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
	(Dollars in thousands)
Cash Flow from Operating Activities:
Net cash provided by operating activities	$	75,651		$	10,922		$	39,629		$	126,202

Cash Flow from Investing Activities:
Cornell acquisition, cash consideration, net of cash acquired		(260,255	)		—			—			(260,255	)
Just Care purchase price adjustment		—			(41	)		—			(41	)
Proceeds from sale of property and equipment		—			528			—			528
Change in restricted cash		—			—			(11,432	)		(11,432	)
Capital expenditures		(80,016	)		(15,801	)		(1,244	)		(97,061	)

Net cash used in investing activities		(340,271	)		(15,314	)		(12,676	)		(368,261	)

Cash Flow from Financing Activities:
Proceeds from long-term debt		726,000			—			—			726,000
Payments on long-term debt		(386,285	)		(720	)		(10,440	)		(397,445	)
Income tax benefit of equity compensation		3,926			—			—			3,926
Debt issuance costs		(8,400	)		—			—			(8,400	)
Payments for purchase of treasury shares		(80,000	)		—			—			(80,000	)
Payments on retirement of common stock		(7,078	)		—			—			(7,078	)
Proceeds from the exercise of stock options		6,695			—			—			6,695

Net cash provided by (used in) financing activities		254,858			(720	)		(10,440	)		243,698

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			4,169			4,169

Net Increase (Decrease) in Cash and Cash Equivalents		(9,762	)		(5,112	)		20,682			5,808
Cash and Cash Equivalents, beginning of period		12,376			5,333			16,147			33,856

Cash and Cash Equivalents, end of period	$	2,614		$	221		$	36,829		$	39,664

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	For the Fiscal Year Ended January 3, 2010
	The GEO Group Inc.			Combined Subsidiary Guarantors			Combined Non-Guarantor Subsidiaries			Consolidated
	(Dollars in thousands)
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	$	(5,448	)	$	119,792		$	16,761		$	131,105

Cash Flow from Investing Activities:
Just Care acquisition, cash consideration, net of cash acquired		—			(38,386	)		—			(38,386	)
Proceeds from sale of property and equipment		150			29			—			179
Dividends from subsidiary		7,400			—			(7,400	)		—
Change in restricted cash		—			—			2,713			2,713
Capital expenditures		(72,379	)		(75,556	)		(1,844	)		(149,779	)

Net cash used in investing activities		(64,829	)		(113,913	)		(6,531	)		(185,273	)

Cash Flow from Financing Activities:
Cash dividends to noncontrolling interests		—			—			(176	)		(176	)
Proceeds from long-term debt		333,000			—			—			333,000
Payments on long-term debt		(252,678	)		(676	)		(14,120	)		(267,474	)
Income tax benefit of equity compensation		601			—			—			601
Debt issuance costs		(17,253	)		—			—			(17,253	)
Termination of interest rate swap agreements		1,719			—			—			1,719
Proceeds from the exercise of stock options		1,457			—			—			1,457

Net cash provided by (used in) financing activities		66,846			(676	)		(14,296	)		51,874

Effect of Exchange Rate Changes on Cash and Cash Equivalents		—			—			4,495			4,495

Net Increase (Decrease) in Cash and Cash Equivalents		(3,431	)		5,203			429			2,201
Cash and Cash Equivalents, beginning of period		15,807			130			15,718			31,655

Cash and Cash Equivalents, end of period	$	12,376		$	5,333		$	16,147		$	33,856

Summary of Business Operations and Significant Accounting Policies (Details) $ in Thousands	Jan. 01, 2012 USD ($)
Future minimum rentals on lease
2012	$ 4,489
2013	4,623
2014	4,762
2015	4,905
2016	5,052
Thereafter	5,638
Total	$ 29,469

Summary of Business Operations and Significant Accounting Policies (Details 1) - mo	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Fair value of stock-based awards
Risk free interest rates	2.06%	0.16%	2.00%
Expected term		3
Expected term, minimum	4 years		4 years
Expected term, maximum	5 years		5 years
Expected volatility	43.00%	43.00%	41.00%
Expected dividend	0.00%	0.00%	0.00%

Summary of Business Operations and Significant Accounting Policies (Details Textual) £ / shares in Units, $ / shares in Units, $ in Thousands	1 Months Ended			3 Months Ended	12 Months Ended
	Feb. 28, 2011 GBP (£) Director £ / shares shares	Aug. 31, 2010	Feb. 28, 2002	Jan. 01, 2012 GBP (£) State Person Agency Bed Facility	Jan. 01, 2012 USD ($) yr Bed	Jan. 02, 2011 USD ($) $ / shares	Jan. 03, 2010 USD ($)	Jan. 01, 2012 USD ($) State Person Agency Bed Facility	Oct. 02, 2011 GBP (£)	Aug. 12, 2010	Dec. 28, 2008 USD ($)
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Allocated share capital \| shares	100
Loss for GEO Amey's operation					$ 1,563	$ 4,218	$ 3,517
Cash and cash equivalents						39,664	33,856	$ 44,753			$ 31,655
Summary of business operations and significant accounting policies (Textual) [Abstract]
Number of beds \| Bed				79,400				79,400
Correctional, detention and residential treatment facilities including projects under development \| Facility				115				115
Provision of monitoring services tracking offenders \| Person				70,000				70,000
Number of federal, state and local correctional agencies to which company provide services \| Agency				900				900
Number of states in which the company operates \| State				50				50
Ownership percentage of equity method Investments in non-controlled affiliates, Minimum					20.00%
Ownership percentage of equity method Investments in non-controlled affiliates, Maximum					50.00%
Historical estimated useful lives of buildings					40 years
Revised estimated useful lives of buildings					50 years
Reduction in depreciation and amortization expense						3,700
Increase to net income						$ 2,200
Increase in diluted earnings \| $ / shares						$ 0.04
Minimum period for payment receivable in arrears for services					30 days
Maximum period for payment receivable in arrears for services					60 days
Trade receivables								$ 1,700
Federal and state income tax overpayments						$ 17,300		22,200
Notes receivable from its former joint venture partner						3,200		2,700
Interest rate for subordinated loan extended to the former joint venture partner					13.00%
Number of beds in South Texas detention complex in Frio County \| Bed					1,904
Number of beds in Northwest detention center in Tacoma \| Bed					1,575
Impairment charges					$ 0
Debt issuance costs included in other non-current assets						14,800		26,600
Reduction of government guarantee in case of default					80.00%
Aggregate principal amount of taxable revenue bonds						250,000		49,500
Term period of non-recourse bonds of the Company					10 years
Stated interest rate of MCF revenue bond	6.625%	8.47%
Company lease assets term		20 years
Maximum period to lease renewal		25 years
Issued share capital \| £	£ 100
Issued share capital, Shares \| shares	100
Par value of share issued \| £ / shares	£ 1
Non-controlling interest in MCF as a percentage of equity										100.00%
Revenue based on performance of certain targets					less than 1%
Number of years lease term			10 years
Lease expiration date			in January 2018
Period of lease extension option			up to three additional five-year terms
Carrying value of leased facility						36,100		35,200
Accumulated depreciation of leased facility						3,200		4,100
Rental income received on lease					$ 4,500	4,500	$ 4,500
General liability insurance maximum recoverage per occurrence					67,000
Medical professional insurance maximum recoverage per occurrence					35,000
GEO care insurance maximum recoverage per occurrence					35,000
Deductible amount for general insurance liability and hospital professional insurance liability					3,000
Deductible amount for worker's compensation insurance liability								2,000
Deductible amount for automobile insurance liability					$ 1,000
Undiscounted reserves for workers compensation and general liability claims						$ 40,200		45,300
Number of months of treasury bonds in risk free rate calculation						3 months
Number of years of treasury bonds in risk free rate calculation					5 years
Accumulated amortization						$ 1,600		5,300
Facility Management Contracts [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Number of years for amortization of acquired intangible assets, Minimum \| yr					3
Number of years for amortization of acquired intangible assets, Maximum \| yr					18
Covenants not to compete [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Number of years for amortization of acquired intangible assets, Minimum \| yr					1
Number of years for amortization of acquired intangible assets, Maximum \| yr					4
Technology [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Number of years for amortization of acquired intangible assets, Maximum \| yr					7
Foreign Subsidiaries [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Cash and cash equivalents								$ 25,600
Kensani Corrections [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Percentage of ownership in South African joint venture in SACS					50.00%
Cornell Companies, Inc. [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Accounts receivable one year past due and still accruing					1 year
Amey [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Allocated share capital \| shares	50
Summary of business operations and significant accounting policies (Textual) [Abstract]
Issued share capital, Shares \| shares	50
GEO Amey [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Equity Method Investment, Ownership Percentage				50.00%				50.00%
Percentage of ownership in South African joint venture in SACS				50.00%
Loss for GEO Amey's operation					$ (2,400)
Accrued interest included under line of credit					$ 200
Non-revolving line of credit owed				£ 12,000,000				$ 13,100
Receivable from joint venture				8,400,000				13,100
Amount including accrued interest under line of credit								13,100
Line of credit included non current assets				£ 8,300,000				$ 12,900
Summary of business operations and significant accounting policies (Textual) [Abstract]
Principal amount and accrued interest at LIBOR				3.00%				3.00%
GEO Amey [Member] \| Line of Credit [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Lines of credit provided by GEO UK and Amey								$ 18,700
SACS [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Investment in Joint Ventures						$ 13,800		$ 5,600
Geo UK [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Allocated share capital \| shares	50
Lines of credit provided by GEO UK and Amey \| £									£ 12,000,000
Summary of business operations and significant accounting policies (Textual) [Abstract]
Issued share capital, Shares \| shares	50
UNITED KINGDOM \| Amey [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Directors appointed to board by each party \| Director	3
Building and Building Improvements [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Useful life, Minimum \| yr					2
Useful life, Maximum \| yr					50
Equipment and Furniture and Fixtures [Member]
Summary of business operations and significant accounting policies (Additional Textual) [Abstract]
Useful life, Minimum \| yr					3
Useful life, Maximum \| yr					10

Business Combinations (Details) - BII Holding [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jan. 01, 2012	Jan. 01, 2012	Feb. 10, 2011
Purchase price allocation
Accounts receivable	$ 19,619	$ 19,619
Prepaid expenses and other current assets	3,896	3,896
Deferred income tax assets	7,934	7,934
Property and equipment	23,260	23,260
Intangible assets	131,800	131,800
Other non-current assets	8,884	8,884
Total assets acquired	195,393	195,393
Accounts payable	(3,977)	(3,977)
Accrued expenses	(8,461)	(8,461)
Deferred income tax liabilities	(36,787)	(36,787)
Other non-current liabilities	(6,020)	(6,020)
Long-term debt	(2,014)	(2,014)
Total liabilities assumed	(57,259)	(57,259)
Total identifiable net assets	138,134	138,134
Goodwill	271,473	271,473
Total consideration for Cornell, net of cash acquired	409,607	409,607
Aggregate respective adjustments		$ 11,600
Acquisition Date Estimated Fair Value [Member]
Purchase price allocation
Accounts receivable			$ 18,321
Prepaid expenses and other current assets			3,896
Deferred income tax assets			15,857
Property and equipment			22,359
Intangible assets			126,900
Other non-current assets			8,884
Total assets acquired			196,217
Accounts payable			(3,977)
Accrued expenses			(8,461)
Deferred income tax liabilities			(43,824)
Other non-current liabilities			(11,431)
Long-term debt			(2,014)
Total liabilities assumed			(69,707)
Total identifiable net assets			126,510
Goodwill			283,097
Total consideration for Cornell, net of cash acquired			$ 409,607
Scenario, Adjustment [Member]
Purchase price allocation
Measurement Period Adjustments, Accounts receivable	1,298
Measurement Period Adjustments, Deferred income tax assets	(7,923)
Measurement Period Adjustments, Property and equipment	901
Measurement Period Adjustments, Intangible assets	4,900
Measurement Period Adjustments, Assets Acquired	(824)
Measurement Period Adjustments Deferred income tax liabilities	7,037
Measurement Period Adjustments, Other non-current liabilities	5,411
Measurement Period Adjustments Liabilities Assumed	12,448
Measurement Period Adjustments Identifiable Net Assets	11,624
Aggregate respective adjustments	$ 11,624

Business Combinations (Details 1) - Cornell Companies, Inc. [Member] - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011
Purchase price allocation to assets acquired and liabilities assumed
Accounts receivable	$ 55,436
Prepaid and other current assets	12,981
Deferred income tax assets	18,262
Restricted assets	44,096
Property and equipment	462,771
Intangible assets	75,800
Out of market lease assets	472
Other long-term assets	7,510
Total assets acquired	677,328
Accounts payable and accrued expenses	(53,743)
Fair value of non-recourse debt	(120,943)
Out of market lease liabilities	(24,071)
Deferred income tax liabilities	(34,543)
Other long-term liabilities	(1,368)
Total liabilities assumed	(234,668)
Total identifiable net assets	442,660
Goodwill	196,371
Fair value of Cornell's net assets	639,031
Noncontrolling interest	(20,700)
Total consideration for Cornell, net of cash acquired	618,331
Measurement Period Adjustments, Goodwill	(8,400)
Acquisition Date Estimated Fair Value [Member]
Purchase price allocation to assets acquired and liabilities assumed
Accounts receivable		$ 55,142
Prepaid and other current assets		13,314
Deferred income tax assets		21,273
Restricted assets		44,096
Property and equipment		462,771
Intangible assets		75,800
Out of market lease assets		472
Other long-term assets		7,510
Total assets acquired		680,378
Accounts payable and accrued expenses		(56,918)
Fair value of non-recourse debt		(120,943)
Out of market lease liabilities		(24,071)
Deferred income tax liabilities		(42,771)
Other long-term liabilities		(1,368)
Total liabilities assumed		(246,071)
Total identifiable net assets		434,307
Goodwill		204,724
Fair value of Cornell's net assets		639,031
Noncontrolling interest		(20,700)
Total consideration for Cornell, net of cash acquired		$ 618,331
Scenario, Adjustment [Member]
Purchase price allocation to assets acquired and liabilities assumed
Measurement Period Adjustments, Accounts receivable	294
Measurement Period Adjustments, Prepaid and other current assets	(333)
Measurement Period Adjustments Deferred income tax assets	(3,011)
Measurement Period Adjustments, Assets Acquired	(3,050)
Measurement Period Adjustments, Accounts payable and accrued expenses	3,175
Measurement Period Adjustments Deferred income tax liabilities	8,228
Measurement Period Adjustments Liabilities Assumed	11,403
Measurement Period Adjustments Identifiable Net Assets	8,353
Measurement Period Adjustments, Goodwill	$ (8,353)

Business Combinations (Details 2) - USD ($) $ in Thousands	12 Months Ended
Business Combinations (Details 2) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Pro forma financial information
Increase in revenue from acquisition	$ 1,626,490	$ 1,630,155
Pro forma net income attributable to The GEO Group, Inc. shareholders	$ 81,954	$ 84,907

Business Combinations (Details Textual) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Feb. 28, 2011	Jan. 01, 2012	Jan. 02, 2011	Feb. 10, 2011	Aug. 12, 2010
Additional Business Combination (Textual) [Abstract]
Reduction in goodwill due to deferred income tax assets and liabilities and other non current liabilities		$ 4.6
Tax deductible goodwill from an acquisition by Cornell prior to its acquisition by GEO		1.5
BII Holding [Member]
Additional Business Combination (Textual) [Abstract]
Outstanding common stock				100.00%
Cash consideration				$ 409.6
Cash acquired from acquisition	$ 9.7
Merger consideration placed in escrow account for one-year period to satisfy applicable indemnification claims				12.5
Accrued interest outstanding under BI's senior term loan				78.4
Accrued interest outstanding under BI's senior subsidiary note purchase agreement				$ 107.5
Non recurring transaction costs		4.3
Revenue, excluding intercompany transactions		113.2
Earnings, excluding intercompany transactions		10.9
Decrease in goodwill due to measurement adjustment		11.6
Cornell Companies, Inc. [Member]
Additional Business Combination (Textual) [Abstract]
Outstanding common stock					100.00%
Aggregate consideration of acquisition, Net of cash acquired					$ 618.3
Cash consideration					$ 84.9
Recovery of accounts receivable and insurance settlement for property as reduction in operating expense		5.9
Decrease in goodwill due to measurement adjustment		8.4
BII Holding and Cornell Companies Inc. [Member]
Additional Business Combination (Textual) [Abstract]
Non recurring transaction costs		$ 6.7	$ 46.4

Shareholders' Equity (Details) - USD ($) $ in Thousands	12 Months Ended
Shareholders' Equity (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Components of accumulated other comprehensive income (loss)
Beginning Balance	$ 1,039,490	$ 665,098	$ 579,597
Ending Balance	1,038,521	1,039,490	665,098
Foreign Currency Translation Net [Member]
Components of accumulated other comprehensive income (loss)
Beginning Balance	9,930	4,846	(5,812)
Change in foreign currency translation, net	(5,852)	5,084	10,658
Ending Balance	4,078	9,930	4,846
Projected Benefit Obligation Recognized in Other Comprehensive Income Loss [Member]
Components of accumulated other comprehensive income (loss)
Beginning Balance	(1,035)	(652)	(1,594)
Pension liability, net	(1,131)	(383)	942
Ending Balance	(2,166)	(1,035)	(652)
Gains and Losses on Derivative Instruments [Member]
Components of accumulated other comprehensive income (loss)
Beginning Balance	1,176	1,302	131
Unrealized loss on derivative instruments, net	(1,158)	(126)	1,171
Ending Balance	18	1,176	1,302
Accumulated Other Comprehensive Income (Loss) [Member]
Components of accumulated other comprehensive income (loss)
Beginning Balance	10,071	5,496	(7,275)
Change in foreign currency translation, net	(5,852)	5,084	10,658
Pension liability, net	(1,131)	(383)	942
Unrealized loss on derivative instruments, net	(1,158)	(126)	1,171
Ending Balance	$ 1,930	$ 10,071	$ 5,496

- Definition

Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity, net of tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 19, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 13, 20, 31
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32211-110900

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Change in accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges, net of tax effect. The after tax effect change includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 121
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624171-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.

+ References + Details

Shareholders' Equity (Details Textual) $ in Thousands	12 Months Ended
Shareholders' Equity (Details Textual) $ in Thousands	Jan. 01, 2012 USD ($) Facility shares	Jan. 02, 2011 USD ($) shares	Jan. 03, 2010 USD ($)	Aug. 12, 2010
Shareholders Equity (Additional Textual) [Abstract]
Shares repurchased at an aggregate cost		$ (7,078)
Shareholders' Equity (Textual) [Abstract]
Common stock, voting rights	one vote per share
Preferred stock, shares authorized \| shares	30,000,000	30,000,000
Number of shares to be repurchased under stock repurchase program	$ 100,000	$ 80,000
Shares of common stock repurchased \| shares	3,900,000	4,000,000
Payments for purchase of treasury shares	$ (74,982)	$ (80,000)
Net of tax benefit, Foreign currency translation	999	1,313	$ 1,129
Net of tax expense, Pension liability adjustment	730	232	636
Net of income tax benefit, Unrealized gain on derivative instruments	$ 638	$ 69	645
Non-controlling interest in MCF as a percentage of equity				100.00%
Duration of management contract in the joint venture (in years)	25 years
Percentage of profit share of parent in joint venture	88.75%
Percentage of profit share of noncontrolling in joint venture	11.25%
Distribution to noncontrolling interests	$ (4,012)		$ (176)
Number of facilities which MCF leases to the Company \| Facility	11
Executive Officer [Member]
Shareholders Equity (Additional Textual) [Abstract]
Shares repurchased \| shares		1,100,000
Shares repurchased at an aggregate cost		$ 22,300
Directors and Executives [Member]
Shareholders Equity (Additional Textual) [Abstract]
Shares repurchased \| shares		300,000
Shares repurchased at an aggregate cost		$ 7,100

Equity Incentive Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Equity Incentive Plans (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Recognized compensation expenses
Stock Option Plan Expense	$ 2,681	$ 1,378	$ 1,813
Restricted Stock Expense	$ 3,432	$ 3,261	$ 3,509

Equity Incentive Plans (Details 1) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 01, 2012 USD ($) yr $ / shares shares
Summary of the activity of stock option awards
Options outstanding, Beginning Balance , Shares \| shares	1,401
Options outstanding, Beginning Balance, Wtd. Avg. Exercise Price \| $ / shares	$ 15.01
Options outstanding, Beginning Balance, Wtd. Avg., Remaining Contractual Term \| yr	5.84
Options outstanding, Beginning Balance, Average Intrinsic Value \| $	$ 13,517
Options granted, Shares \| shares	554
Options granted, Wtd. Avg. Exercise Price \| $ / shares	$ 24.71
Options exercised, Shares \| shares	(298)
Options exercised, Wtd. Avg. Exercise Price \| $ / shares	$ 8.22
Options forfeited/canceled/expired, Shares \| shares	(56)
Options forfeited/canceled/expired, Wtd. Avg. Exercise Price \| $ / shares	$ 20.33
Options outstanding, Ending Balance , Shares \| shares	1,601
Options outstanding, Ending Balance, Wtd. Avg. Exercise Price \| $ / shares	$ 19.44
Options outstanding, Ending Balance, Wtd. Avg., Remaining Contractual Term \| yr	6.73
Options outstanding, Ending Balance, Average Intrinsic Value \| $	$ 2,778
Options exercisable at January 1, 2012, Shares \| shares	996
Options exercisable at January 1, 2012, Wtd. Avg. Exercise Price \| $ / shares	$ 17.05
Options exercisable at January 1, 2012, Wtd. Avg. Remaining Contractual Term \| yr	5.52
Options exercisable at January 1, 2012, Aggregate Intrinsic Value \| $	$ 2,775

Equity Incentive Plans (Details 2) - USD ($) $ in Thousands	12 Months Ended
Equity Incentive Plans (Details 2) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Summarizes information relative to stock option activity
Intrinsic value of options exercised	$ 4,718	$ 21,095	$ 6,218
Fair value of shares vested	$ 2,358	$ 2,054	$ 1,766

Equity Incentive Plans (Details 3) shares in Thousands	12 Months Ended
Equity Incentive Plans (Details 3) shares in Thousands	Jan. 01, 2012 yr $ / shares shares
Exercise prices and related information of stock option outstanding
Options outstanding, Number outstanding \| shares	1,601
Options outstanding, Wtd. Avg. remaining contractual life \| yr	6.7
Options outstanding, Wtd. Avg. exercise price	$ 19.44
Options exercisable, Number exercisable \| shares	996
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	5.5
Options exercisable, Wtd. Avg. exercise price	$ 17.05
3.17 - 3.98 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	3.17
Upper range limit, Exercise price	$ 3.98
Options outstanding, Number outstanding \| shares	26
Options outstanding, Wtd. Avg. remaining contractual life \| yr	1.1
Options outstanding, Wtd. Avg. exercise price	$ 3.17
Options exercisable, Number exercisable \| shares	26
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	1.1
Options exercisable, Wtd. Avg. exercise price	$ 3.17
4.67 - 4.90 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	4.67
Upper range limit, Exercise price	$ 4.90
Options outstanding, Number outstanding \| shares	77
Options outstanding, Wtd. Avg. remaining contractual life \| yr	1.3
Options outstanding, Wtd. Avg. exercise price	$ 4.67
Options exercisable, Number exercisable \| shares	77
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	1.3
Options exercisable, Wtd. Avg. exercise price	$ 4.67
5.30 - 7.70 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	5.30
Upper range limit, Exercise price	$ 7.70
Options outstanding, Number outstanding \| shares	111
Options outstanding, Wtd. Avg. remaining contractual life \| yr	2.5
Options outstanding, Wtd. Avg. exercise price	$ 6.92
Options exercisable, Number exercisable \| shares	111
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	2.5
Options exercisable, Wtd. Avg. exercise price	$ 6.92
7.83 - 20.63 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	7.83
Upper range limit, Exercise price	$ 20.63
Options outstanding, Number outstanding \| shares	260
Options outstanding, Wtd. Avg. remaining contractual life \| yr	5.8
Options outstanding, Wtd. Avg. exercise price	$ 15.82
Options exercisable, Number exercisable \| shares	223
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	5.6
Options exercisable, Wtd. Avg. exercise price	$ 15.67
21.07 - 21.56 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	21.07
Upper range limit, Exercise price	$ 21.56
Options outstanding, Number outstanding \| shares	591
Options outstanding, Wtd. Avg. remaining contractual life \| yr	6.7
Options outstanding, Wtd. Avg. exercise price	$ 21.26
Options exercisable, Number exercisable \| shares	451
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	6.7
Options exercisable, Wtd. Avg. exercise price	$ 21.32
21.64 - 28.24 [Member]
Exercise prices and related information of stock option outstanding
Lower range limit, Exercise price	21.64
Upper range limit, Exercise price	$ 28.24
Options outstanding, Number outstanding \| shares	536
Options outstanding, Wtd. Avg. remaining contractual life \| yr	9.2
Options outstanding, Wtd. Avg. exercise price	$ 24.71
Options exercisable, Number exercisable \| shares	108
Options exercisable Wtd. Avg. Remaining Contractual Life \| yr	9.1
Options exercisable, Wtd. Avg. exercise price	$ 24.70

Equity Incentive Plans (Details 4) - $ / shares shares in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Status of non vested stock options
Options outstanding, Beginning Balance , Shares	356
Options granted, Shares	554
Options vested, shares	(278)
Options forfeited/canceled/expired, Shares	(56)
Forfeited	(27)
Options outstanding, Ending Balance , Shares	605	356
Option non vested, Wtd. Avg. grant date fair value, Beginning balance	$ 7.37
Granted, Wtd. Avg. grant date fair value	9.75	$ 6.73	$ 7.41
Vested, Wtd. Avg. grant date fair value	8.47
Forfeited, Wtd. Avg. grant date fair value	8.75
Option non vested, Wtd. Avg. grant date fair value, Ending balance	$ 8.99	$ 7.37

Equity Incentive Plans (Details 5) shares in Thousands	12 Months Ended
Equity Incentive Plans (Details 5) shares in Thousands	Jan. 01, 2012 $ / shares shares
Summary of the activity of restricted stock
Restricted stock outstanding shares, Beginning Balance \| shares	161
Restricted stock outstanding Wtd. Avg. Grant Date Fair Value, Beginning Balance \| $ / shares	$ 21.12
Granted shares \| shares	381
Granted Wtd. Avg. Grant Date Fair Value \| $ / shares	$ 24.48
Vested shares \| shares	(95)
Vested Wtd. Avg. Grant Date Fair Value \| $ / shares	$ 22.82
Forfeited/canceled shares \| shares	(5)
Forfeited/canceled Wtd. Avg. Grant Date Fair Value \| $ / shares	$ 24.06
Restricted stock outstanding shares, Ending Balance \| shares	442
Restricted stock outstanding Wtd. Avg. Grant Date Fair Value, Ending Balance \| $ / shares	$ 23.62

- Definition

The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.

+ References + Details

Equity Incentive Plans (Details Textual) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 01, 2012 USD ($) yr EquityPlans $ / shares shares	Jan. 02, 2011 USD ($) $ / shares	Jan. 03, 2010 USD ($) $ / shares	Feb. 16, 2011 shares	Aug. 12, 2010 shares
Equity Incentive Plans (Additional Textual) [Abstract]
Total shares pursuant to awards granted under the plan				1,083,000	4,400,000
Common stock available for the issuance of awards	1,721,504
Equity Incentive Plans (Textual) [Abstract]
Number of equity compensation plans under which awards were outstanding \| EquityPlans	4
Stock option vest immediately for the Chief Executive Officer	100.00%
Weighted average grant date fair value of options granted during the period \| $ / shares	$ 9.75	$ 6.73	$ 7.41
Increase in Common Stock Subject To Awards Under 2006 Plan				2,000,000	2,000,000
Number of shares authorized previously					2,400,000
Number of shares authorized amended				1,083,000	4,400,000
Income tax benefit of equity compensation \| $	$ (465)	$ (3,926)	$ (601)
Increments of restricted stock granted	25.00%
Period for stock options vest and exercisable	4 years
Tax benefits realized from tax deductions associated with the exercise of stock options and the vesting of restricted stock activity \| $	$ 500	$ 3,900	$ 600
Share based compensation awards other than option [Member]
Equity Incentive Plans (Additional Textual) [Abstract]
Total shares pursuant to awards granted under the plan				2,166,000
Common stock available for the issuance of awards	944,304
Equity Incentive Plans (Textual) [Abstract]
Number of shares authorized amended				2,166,000
Restricted Stock [Member]
Equity Incentive Plans (Additional Textual) [Abstract]
Unrecognized compensation costs related to non vested stock option awards \| $	$ 7,700
Expected weighted average period to recognize expense \| yr	2.4
Stock Options [Member]
Equity Incentive Plans (Additional Textual) [Abstract]
Unrecognized compensation costs related to non vested stock option awards \| $	$ 4,100
Expected weighted average period to recognize expense \| yr	2.8
Employee Stock Purchase Plan [Member]
Equity Incentive Plans (Additional Textual) [Abstract]
Discount on purchase of Common Stock for employee from the current market price	5.00%
Common stock for sale offer to eligible employees, if Plan is approved	500,000

Discontinued Operations (Details) $ in Millions	12 Months Ended
Discontinued Operations (Details) $ in Millions	Jan. 03, 2010 USD ($)	Nov. 07, 2008 Person	Aug. 29, 2008 Bed
Discontinued Operations (Textual) [Abstract]
Number of out-of-state inmates for which contract was discontinued \| Person		305
Number of beds for which contract was discontinued \| Bed			1,883
Revenue recorded as discontinued operation	$ 0.2
Losses recorded as discontinued operation	$ (0.6)

Property and Equipment (Details)
$ in Thousands

12 Months Ended

Jan. 01, 2012

USD ($)

Jan. 02, 2011

USD ($)

Jan. 03, 2010

USD ($)

Property Plant And Equipment Net By Type [Abstract]

Total

$ 1,959,913

$ 1,706,398

Less accumulated depreciation and amortization

(253,742)

(195,106)

Property and equipment, net

1,706,171

^[1]

1,511,292

^[1]

$ 998,560

Land [Member]

Property Plant And Equipment Net By Type [Abstract]

Total

$ 97,674

97,393

Buildings and improvements [Member]

Property Plant And Equipment Net By Type [Abstract]

Useful life, Minimum | yr

Useful life, Maximum | yr

Total

$ 1,380,757

1,131,895

Leasehold Improvements [Member]

Property Plant And Equipment Net By Type [Abstract]

Useful life, Minimum | yr

Useful life, Maximum | yr

Total

$ 275,117

260,167

Equipment [Member]

Property Plant And Equipment Net By Type [Abstract]

Useful life, Minimum | yr

Useful life, Maximum | yr

Total

$ 119,808

77,906

Furniture, Fixtures and Computer Software [Member]

Property Plant And Equipment Net By Type [Abstract]

Useful life, Minimum | yr

Useful life, Maximum | yr

Total

$ 22,583

18,453

Facility construction in progress [Member]

Property Plant And Equipment Net By Type [Abstract]

Total

$ 63,974

$ 120,584

[1]	Variable interest entities or "VIEs"

Property and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Property and Equipment (Textual) [Abstract]
Assets under capital leases	$ 18.2	$ 18.2
Property and Equipment (Additional Textual) [Abstract]
Interest in property and equipment	3.1	4.1
Depreciation expense	65.3	41.4	$ 36.3
Accumulated amortization related to capital leases	5.5	4.7
Depreciation expense related to capital leases	0.8	0.8	$ 0.8
Building Improvements [Member]
Property and Equipment (Textual) [Abstract]
Assets under capital leases	17.5	17.5
Equipment [Member]
Property and Equipment (Textual) [Abstract]
Assets under capital leases	$ 0.7	$ 0.7

Assets Held for Sale (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Assets Held for Sale by reportable segment
Total	$ 4,363	$ 9,970
U.S. Corrections and Detention [Member]
Assets Held for Sale by reportable segment
Total	3,455	3,083
GEO Care [Member]
Assets Held for Sale by reportable segment
Total	$ 908	$ 6,887

Assets Held for Sale (Details Textual) $ in Millions	Jan. 01, 2012 USD ($) Facility	Jan. 02, 2011 USD ($)
U.S. Corrections and Detention [Member]
Assets Held for Sale (Textual) [Abstract]
Number of Facilities Classified with Reportable Segment \| Facility	1
Aggregate carrying value	$ 0.4
GEO Care [Member]
Assets Held for Sale (Textual) [Abstract]
Number of Facilities Classified with Reportable Segment \| Facility	3
Aggregate carrying value	$ 0.9
Coke County Juvenile Justice Center Facility [Member]
Assets Held for Sale (Textual) [Abstract]
Aggregate carrying value	$ 3.1	$ 3.1
Cornell Companies, Inc. [Member]
Assets Held for Sale (Textual) [Abstract]
Number of Facilities Acquired and Kept as Assets Held for Sale \| Facility	4
Aggregate carrying value	$ 0.4
Cornell Companies, Inc. [Member] \| International Building [Member]
Assets Held for Sale (Textual) [Abstract]
Aggregate carrying value	0.5
Selling Price	0.5
Cornell Companies, Inc. [Member] \| Washington D.C. Facility [Member]
Assets Held for Sale (Textual) [Abstract]
Aggregate carrying value	6.9
Selling Price	$ 6.6
Correctional Services Corporation [Member] \| Land [Member]
Assets Held for Sale (Textual) [Abstract]
Aggregate carrying value		1.3
Selling Price		$ 2.1

Investment in Direct Finance Leases (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Future minimum rentals on lease
2012	$ 4,489
2013	4,623
2014	4,762
2015	4,905
2016	5,052
Thereafter	5,638
Total	29,469
Investment in direct finance lease	32,146	$ 37,544
Direct Finance Leases [Member]
Future minimum rentals on lease
2012	8,631
2013	8,770
2014	8,946
2015	9,536
2016	9,906
Thereafter	2,625
Total	48,414
Less Unearned Interest Income	(10,944)
Less current portion of direct finance lease	(5,324)
Investment in direct finance lease	$ 32,146

Derivative Financial Instruments (Details) $ in Millions	12 Months Ended
Derivative Financial Instruments (Details) $ in Millions	Jan. 01, 2012 USD ($) Agreement	Jan. 02, 2011 USD ($)	Jan. 03, 2010 USD ($)	Feb. 28, 2011	Aug. 31, 2010	Oct. 20, 2009
Interest Rate Swaps [Line Items]
Notes bear interest at a rate				6.625%	8.47%
Interest Rate Swap Notional Amount	$ 100.0
Notional amount coincide with the terms of the non-recourse debt	$ 50.9
Derivative Financial Instruments (Textual) [Abstract]
Number of Interest Rate Swap Agreements \| Agreement	4
Fair value of the swap assets included as Other Non-Current Assets	$ 7.4	$ 3.3
Fixed interest rate on cash flow interest rate derivative	9.70%
Net unrealized gain (loss) recognized in the periods and recorded in accumulated other comprehensive income, net of tax	$ (1.2)	(0.1)	$ 1.2
Fair value of the swap assets recorded as a component of other assets	0.0	1.8
Ineffective portion of Cash Flow Hedge interest rate swap	$ 0.0	0.0	0.0
Maximum [Member]
Interest Rate Swaps [Line Items]
Rate of fix margin over LIBOR	4.29%
Minimum [Member]
Interest Rate Swaps [Line Items]
Rate of fix margin over LIBOR	4.16%
Senior Note Due 2017 [Member]
Interest Rate Swaps [Line Items]
Notes bear interest at a rate	7.75%					7.75%
Interest Rate Swap Notional Amount	$ 100.0
Ineffective portion of Fair value interest rate swap	0.0	0.0	0.0
Interest rate swap derivative assets [Member] \| Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains recognized and recorded in earnings related to fair value hedge	$ 4.1	$ 5.2	$ (1.9)

Goodwill and Other Intangible Assets, Net (Details) $ in Thousands	12 Months Ended
	Jan. 01, 2012 USD ($)
Changes in the Company's goodwill balances
Balance as of January 2, 2011	$ 236,594
Acquisitions	271,473
Goodwill Translation Adjustment	(1)
Balance as of January 1, 2012	508,066
U.S. Corrections and Detention [Member]
Changes in the Company's goodwill balances
Balance as of January 2, 2011	170,376
Balance as of January 1, 2012	170,376
International services [Member]
Changes in the Company's goodwill balances
Balance as of January 2, 2011	762
Goodwill Translation Adjustment	(1)
Balance as of January 1, 2012	761
GEO Care [Member]
Changes in the Company's goodwill balances
Balance as of January 2, 2011	65,456
Acquisitions	271,473
Balance as of January 1, 2012	$ 336,929

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill and Other Intangible Assets, Net (Details 1) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Schedule of intangible assets
Net carrying amount	$ 200,342	$ 87,813
BI Acquisition [Member]
Schedule of intangible assets
Gross carrying amount	232,374	101,074
Accumulated amortization	(32,032)	(13,261)
Net carrying amount	200,342	87,813
Trade names [Member] \| BI Acquisition [Member]
Schedule of intangible assets
Gross carrying amount	44,000	0
Accumulated amortization	0	0
Net carrying amount	44,000	0
Facility Management Contracts [Member] \| BI Acquisition [Member]
Schedule of intangible assets
Gross carrying amount	158,604	93,904
Accumulated amortization	(22,985)	(10,504)
Net carrying amount	135,619	83,400
Covenants not to compete [Member] \| BI Acquisition [Member]
Schedule of intangible assets
Gross carrying amount	8,570	7,170
Accumulated amortization	(6,347)	(2,757)
Net carrying amount	2,223	4,413
Technology [Member] \| BI Acquisition [Member]
Schedule of intangible assets
Gross carrying amount	21,200	0
Accumulated amortization	(2,700)	0
Net carrying amount	$ 18,500	$ 0

Goodwill and Other Intangible Assets, Net (Details 2) - BI Acquisition [Member] $ in Thousands	12 Months Ended
	Jan. 02, 2011 yr	Feb. 10, 2011 USD ($)
Acquired intangible assets
Acquired intangible assets, weighted average useful life \| yr	11.4
Intangible Assets Acquired		$ 131,800
Trade names [Member]
Acquired intangible assets
Intangible Assets Acquired		44,000
Facility Management Contracts [Member]
Acquired intangible assets
Acquired intangible assets, weighted average useful life \| yr	13
Intangible Assets Acquired		65,200
Covenants not to compete [Member]
Acquired intangible assets
Acquired intangible assets, weighted average useful life \| yr	2
Intangible Assets Acquired		1,400
Technology [Member]
Acquired intangible assets
Acquired intangible assets, weighted average useful life \| yr	7
Intangible Assets Acquired		$ 21,200

Goodwill and Other Intangible Assets, Net (Details 3) $ in Thousands	12 Months Ended
	Jan. 01, 2012 USD ($)
Estimated amortization expense for the remainder
2012	$ 18,108
2013	15,197
2014	14,981
2015	14,950
2016	14,858
Thereafter	78,248
Total Expense Amortization	$ 156,342

Goodwill and Other Intangible Assets, Net (Details Textual) $ in Millions	12 Months Ended
	Jan. 01, 2012 USD ($) yr	Jan. 02, 2011 USD ($)	Jan. 03, 2010 USD ($)	Feb. 10, 2011 USD ($)
Goodwill And Other Intangible Assets Net (Textual) [Abstract]
Amortization expense	$ 18.8	$ 5.7	$ 2.0
BI Acquisition [Member]
Goodwill And Other Intangible Assets Net (Textual) [Abstract]
Decrease in goodwill due to measurement adjustment	$ 11.6
Goodwill after Acquisition				$ 271.5
Weighted average period \| yr	1.1
Cornell Companies, Inc. [Member]
Goodwill And Other Intangible Assets Net (Textual) [Abstract]
Decrease in goodwill due to measurement adjustment	$ 8.4
Facility Management Contracts [Member]
Goodwill And Other Intangible Assets Net (Textual) [Abstract]
Weighted average period \| yr	1.3

Financial Instruments (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Carrying value and estimated fair value of financial instruments
Interest rate swap derivative assets	$ 7,440	$ 5,131
Restricted investments:
Guaranteed Investment Contract	5,742	5,742
Guaranteed Repurchase Agreements	33,821
Rabbi Trust	8,016	6,168
Fixed income securities	2,013	1,791
Quoted Prices in Active Markets (Level 1) [Member]
Carrying value and estimated fair value of financial instruments
Interest rate swap derivative assets	0	0
Restricted investments:
Guaranteed Investment Contract	0	0
Guaranteed Repurchase Agreements	0
Rabbi Trust	5,898	6,168
Fixed income securities	0	0
Significant Other Observable Inputs (Level 2) [Member]
Carrying value and estimated fair value of financial instruments
Interest rate swap derivative assets	7,440	5,131
Restricted investments:
Guaranteed Investment Contract	5,742	5,742
Guaranteed Repurchase Agreements	33,821
Rabbi Trust	2,118	0
Fixed income securities	2,013	1,791
Significant Unobservable Inputs (Level 3) [Member]
Carrying value and estimated fair value of financial instruments
Interest rate swap derivative assets	0	0
Restricted investments:
Guaranteed Investment Contract	0	0
Guaranteed Repurchase Agreements	0
Rabbi Trust	0	0
Fixed income securities	$ 0	$ 0

Financial Instruments (Details Textual) - USD ($) $ in Millions	Jan. 01, 2012	Feb. 28, 2011	Aug. 31, 2010
Financial Instruments (Textual) [Abstract]
Stated interest rate of MCF revenue bond		6.625%	8.47%
MCFs Non Recourse Debt [Member]
Financial Instruments (Textual) [Abstract]
Principal amount of guaranteed investment related to debt service reserve fund	$ 23.9
Guaranteed investment related to bond fund payment	$ 9.9
Stated interest rate of MCF revenue bond	8.47%

Fair Value of Assets and Liabilities (Details) - USD ($)
$ in Thousands

Jan. 01, 2012

Jan. 02, 2011

Jan. 03, 2010

Dec. 28, 2008

Assets:

Cash and cash equivalents

$ 44,753

$ 39,664

$ 33,856

$ 31,655

Liabilities:

Additional borrowing capacity

49,500

250,000

Non-recourse debt, Australian subsidiary

^[1]

208,532

191,394

Carrying Value [Member]

Assets:

Cash and cash equivalents

44,753

39,664

Restricted cash

52,868

78,732

Liabilities:

Borrowings under the Senior Credit Facility

782,962

557,758

Carrying Value [Member] | Senior Note Due 2017 [Member]

Liabilities:

Additional borrowing capacity

247,141

250,078

Carrying Value [Member] | Senior Notes Due 2021 [Member]

Liabilities:

Additional borrowing capacity

300,000

Carrying Value [Member] | Other [Member]

Liabilities:

Other Non-Recourse Debt, including current portion

201,453

176,384

Carrying Value [Member] | Australian Subsidiary [Member]

Liabilities:

Non-recourse debt, Australian subsidiary

40,345

46,300

Estimate of Fair Value [Member]

Assets:

Cash and cash equivalents

44,753

39,664

Restricted cash

52,868

78,732

Liabilities:

Borrowings under the Senior Credit Facility

785,917

562,610

Estimate of Fair Value [Member] | Senior Note Due 2017 [Member]

Liabilities:

Additional borrowing capacity

262,033

265,000

Estimate of Fair Value [Member] | Senior Notes Due 2021 [Member]

Liabilities:

Additional borrowing capacity

300,375

Estimate of Fair Value [Member] | Other [Member]

Liabilities:

Other Non-Recourse Debt, including current portion

206,712

180,340

Estimate of Fair Value [Member] | Australian Subsidiary [Member]

Liabilities:

Non-recourse debt, Australian subsidiary

$ 41,347

$ 46,178

[1]	Variable interest entities or "VIEs"

Fair Value of Assets and Liabilities (Details Textual)	Jan. 01, 2012	Feb. 28, 2011	Feb. 10, 2011	Aug. 31, 2010	Oct. 20, 2009
Fair Value of Assets and Liabilities (Textual) [Abstract]
Notes bear interest at a rate		6.625%		8.47%
Senior Note Due 2017 [Member]
Fair Value of Assets and Liabilities (Textual) [Abstract]
Notes bear interest at a rate	7.75%				7.75%
Senior Notes Due 2021 [Member]
Fair Value of Assets and Liabilities (Textual) [Abstract]
Notes bear interest at a rate	6.625%		6.625%

Accrued Expenses (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Summary of accrued expenses
Accrued interest	$ 18,072	$ 12,153
Accrued bonus	8,849	12,825
Accrued insurance	52,437	44,237
Accrued property and other taxes	12,959	13,526
Construction retainage	8,247	2,012
Other	26,293	33,719
Total	$ 126,857	$ 118,472

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable for real and property taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable for incentive compensation awarded to employees and directors or earned by them based on the terms of one or more relevant arrangements. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable to insurance entities to mitigate potential loss from various risks or to satisfy a promise to provide certain coverage's to employees. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

Debt (Details) - USD ($)
$ in Thousands

12 Months Ended

Jan. 01, 2012

Jan. 02, 2011

Summary of debt [Abstract]

Capital Lease Obligations

$ 14,171

$ 14,470

Senior Credit Facility:

Term loans

482,500

347,625

Discount on term loan

(1,538)

(1,867)

Revolver

302,000

212,000

Total Senior Credit Facility

782,962

557,758

Swap on Notes

7,411

Non-recourse debt

235,430

212,445

Premium on non-recourse debt

8,304

Total non-recourse debt

241,798

222,684

Other debt

870

Total Debt

1,594,353

1,044,990

Current portion of capital lease obligations, long-term debt and non-recourse debt

^[1]

53,666

41,574

Capital lease obligations, long-term portion

(13,087)

(13,686)

Non-recourse debt

(208,532)

(191,394)

Long-Term Debt

$ 1,319,068

798,336

Indebtedness under Revolver and Term Loan Bears Interest [Abstract]

Bonds fixed coupon rates maximum

4.10%

Maximum [Member]

Indebtedness under Revolver and Term Loan Bears Interest [Abstract]

Debt instrument interest rate in addition to LIBOR

3.00%

Debt instrument interest rate in addition to base rate borrowings

2.00%

Maximum Leverage Ratios

Through and including the last day of the fiscal year 2011

5.25

First day of fiscal year 2012 through and including that last day of fiscal year 2012

5.00

First day of fiscal year 2013 through and including that last day of fiscal year 2013

4.75

Thereafter

4.25

Maximum senior secured leverage ratios

Through and including the last day of the fiscal year 2012

3.25

First day of the third quarter of fiscal year 2012 through and including that last day of the second quarter of the fiscal year 2013

3.00

Thereafter

2.75

Minimum [Member]

Indebtedness under Revolver and Term Loan Bears Interest [Abstract]

Debt instrument interest rate in addition to LIBOR

2.00%

Debt instrument interest rate in addition to base rate borrowings

1.00%

Maximum Leverage Ratios

Through and including the last day of the fiscal year 2011

1.00

First day of fiscal year 2012 through and including that last day of fiscal year 2012

1.00

First day of fiscal year 2013 through and including that last day of fiscal year 2013

1.00

Thereafter

1.00

Maximum senior secured leverage ratios

Through and including the last day of the fiscal year 2012

1.00

First day of the third quarter of fiscal year 2012 through and including that last day of the second quarter of the fiscal year 2013

1.00

Thereafter

1.00

6.625% Senior Notes [Member]

Senior Credit Facility:

Notes Due

$ 300,000

7.75% Senior Notes [Member]

Senior Credit Facility:

Discount on term loan

(2,859)

(3,227)

Notes Due

250,000

Swap on Notes

7,411

3,305

Total 7 % Senior Notes

254,552

250,078

Non Recourse Debt [Member]

Senior Credit Facility:

Discount on term loan

(1,936)

(1,164)

Premium on non-recourse debt

$ 8,304

$ 11,403

Unused Letters of Credit [Member]

Indebtedness under Revolver and Term Loan Bears Interest [Abstract]

Bonds fixed coupon rates minimum

2.00%

Bonds fixed coupon rates maximum

3.00%

Unused Revolver [Member]

Indebtedness under Revolver and Term Loan Bears Interest [Abstract]

Bonds fixed coupon rates minimum

0.375%

Bonds fixed coupon rates maximum

0.50%

[1]	Variable interest entities or "VIEs"

Debt (Details 1)	Jan. 01, 2012
Senior Note Due 2017 [Member]
Redemption of 7 3/4% Senior Notes
2013	103.875%
2014	101.938%
2015 and thereafter	100.00%
Senior Unsecured Note Due 2021 [Member]
Redemption of 6.625% Senior Notes
2016	103.3125%
2017	102.2083%
2018	101.1042%
2019 and thereafter	100.00%

Debt (Details 2) $ in Thousands	Jan. 01, 2012 USD ($)
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	$ 54,767
2013	71,885
2014	118,337
2015	558,065
2016	187,517
Thereafter	601,328
Total Debt	1,591,899
Interest imputed on Capital Leases	(6,928)
Original issuer's discount	(6,333)
Fair value premium on non-recourse	8,304
Swap on Notes	7,411
Current portion	(53,666)
Non-current portion	1,540,687
Capital Leases [Member]
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	2,185
2013	2,181
2014	1,959
2015	1,932
2016	1,935
Thereafter	10,907
Total Debt	21,099
Interest imputed on Capital Leases	(6,928)
Original issuer's discount	0
Fair value premium on non-recourse	0
Swap on Notes	0
Current portion	(1,084)
Non-current portion	13,087
Long-Term Debt [Member]
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	441
2013	230
2014	168
2015	16
2016	4
Thereafter	550,011
Total Debt	550,870
Interest imputed on Capital Leases	0
Original issuer's discount	(2,859)
Fair value premium on non-recourse	0
Swap on Notes	7,411
Current portion	(441)
Non-current portion	554,981
Non- Recourse [Member]
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	33,266
2013	35,599
2014	42,960
2015	40,117
2016	43,078
Thereafter	40,410
Total Debt	235,430
Interest imputed on Capital Leases	0
Original issuer's discount	(1,936)
Fair value premium on non-recourse	8,304
Swap on Notes	0
Current portion	(33,266)
Non-current portion	208,532
Revolver [Member]
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	0
2013	0
2014	0
2015	302,000
2016	0
Thereafter	0
Total Debt	302,000
Interest imputed on Capital Leases	0
Original issuer's discount	0
Fair value premium on non-recourse	0
Swap on Notes	0
Current portion	0
Non-current portion	302,000
Term Loan [Member]
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
2012	18,875
2013	33,875
2014	73,250
2015	214,000
2016	142,500
Thereafter	0
Total Debt	482,500
Interest imputed on Capital Leases	0
Original issuer's discount	(1,538)
Fair value premium on non-recourse	0
Swap on Notes	0
Current portion	(18,875)
Non-current portion	$ 462,087

Debt (Details Textual) R in Millions, $ in Millions	3 Months Ended	12 Months Ended
Debt (Details Textual) R in Millions, $ in Millions	Oct. 03, 2010 USD ($)	Jan. 01, 2012 USD ($) Bed	Jan. 01, 2012 CAD ($) Guarantees	Jan. 01, 2012 ZAR (R) Guarantees	Jan. 01, 2012 USD ($) Guarantees	Aug. 22, 2011 USD ($)	Feb. 28, 2011	Feb. 10, 2011 USD ($)	Feb. 01, 2011 USD ($)	Jan. 02, 2011 USD ($)	Oct. 21, 2010 USD ($)	Aug. 31, 2010	Aug. 12, 2010 USD ($)	Aug. 04, 2010 USD ($)	Oct. 31, 2009 USD ($)	Oct. 20, 2009
Debt (Textual) [Abstract]
Notes bear interest at a rate							6.625%					8.47%
Reduction in LIBOR floor rate		1.00% per annum from 1.50% per annum
Libor floor rate		1.50%
Reduced LIBOR floor rate		1.00%
Additional borrowing capacity					$ 49,500,000					$ 250,000,000
Outstanding balance in Senior Credit Facility					1,591,899,000
Debt (Textual) [Abstract]
Deferred financing fees, net of accumulated amortization					10,200,000
Borrowing under amended senior credit facility					$ 150,000,000
Remaining cash received under borrowing capacity														$ 3,200,000
Number of beds in South Texas detention complex in Frio County \| Bed		1,904
Maximum amount of obligation of SACS guaranteed through the issuance of letters of credit \| R				R 60.0
Percentage of amount payable by SACS into the restricted account guaranteed by company			60.00%	60.00%	60.00%
Stand by letters of credit provided as security for guarantee \| R				R 8.4
Maximum loan amount under stand by facility to SACS				R 20.0	$ 2,500,000
Potential estimated exposure of tax obligations			$ 2.5		2,400,000
Liability related to potential tax exposure					2,000,000					$ 1,800,000
Letters of guarantee outstanding relating to performance guarantees					$ 9,900,000
Number of letters of guarantee outstanding under separate international facilities relating to performance guarantees \| Guarantees			8	8	8
Cornell Companies, Inc. [Member]
Debt (Textual) [Abstract]
Transaction costs under obligation													$ 14,000,000
Cash consideration payment to Cornell stockholders													$ 84,900,000
Maximum [Member]
Debt (Textual) [Abstract]
Maximum interest coverage ratio as per credit agreement		3.00
Minimum [Member]
Debt (Textual) [Abstract]
Maximum interest coverage ratio as per credit agreement		1.00
Senior Unsecured Note Due 2021 [Member]
Debt (Textual) [Abstract]
Additional borrowing capacity								$ 300,000,000
Senior Notes Due 2021 [Member]
Debt (Textual) [Abstract]
Notes bear interest at a rate			6.625%	6.625%	6.625%			6.625%
Additional borrowing capacity								$ 300,000,000
Senior Note Due 2017 [Member]
Debt (Textual) [Abstract]
Notes bear interest at a rate			7.75%	7.75%	7.75%											7.75%
Additional borrowing capacity															$ 250,000,000
Principal Amount of Senior notes due 2021 exchanged						$ 300,000,000					$ 250,000,000
Senior Notes Due 2012 [Member]
Debt (Textual) [Abstract]
Notes bear interest at a rate													10.75%
Repayment of borrowing and accrued interest													$ 114,400,000
Eurodollar Loans [Member]
Debt (Textual) [Abstract]
Reduction in applicable rate		2.75% per annum from 3.25% per annum
Notes bear interest at a rate			3.25%	3.25%	3.25%
Reduced senior credit facility interest rate			2.75%	2.75%	2.75%
ABR Loans [Member]
Debt (Textual) [Abstract]
Reduction in applicable rate		1.75% per annum from 2.25% per annum
Notes bear interest at a rate			2.25%	2.25%	2.25%
Reduced senior credit facility interest rate			1.75%	1.75%	1.75%
Term Loan A, B And A - 2 [Member]
Debt (Textual) [Abstract]
Outstanding balance in Senior Credit Facility					$ 481,000,000
Revolver [Member]
Debt (Textual) [Abstract]
Additional borrowing capacity					$ 500,000,000
Repayment of borrowing and accrued interest													67,500,000
LIBOR interest rate		Libor + 3.00%
Debt instrument basis spread on variable rate			3.00%	3.00%	3.00%
Maturity date of senior credit facilities		Aug. 04, 2015
Increased additional borrowing capacity		$ 100,000,000
Outstanding balance in Senior Credit Facility					$ 302,000,000
Additional Revolver [Member]
Debt (Textual) [Abstract]
Outstanding balance in Senior Credit Facility					$ 139,400,000
Term Loan A - 2 [Member]
Debt (Textual) [Abstract]
LIBOR interest rate		Libor + 3.00%
Debt instrument basis spread on variable rate			3.00%	3.00%	3.00%
Maturity date of senior credit facilities		Aug. 04, 2015
Increased additional borrowing capacity		$ 150,000,000
Term Loan A [Member]
Debt (Textual) [Abstract]
Additional borrowing capacity									$ 150,000,000
LIBOR interest rate		Libor + 3.00%
Debt instrument basis spread on variable rate			3.00%	3.00%	3.00%
Maturity date of senior credit facilities		Aug. 04, 2015
Term Loan A [Member] \| Cornell Companies, Inc. [Member]
Debt (Textual) [Abstract]
Additional borrowing capacity													$ 290,000,000
Term Loan B [Member]
Debt (Textual) [Abstract]
Additional borrowing capacity					$ 200,000,000									280,000,000
LIBOR interest rate		Libor + 2.75% with Libor floor of 1.00%
Debt instrument basis spread on variable rate			2.75%	2.75%	2.75%
Maturity date of senior credit facilities		Aug. 04, 2016
Letter of credit [Member]
Debt (Textual) [Abstract]
Outstanding balance in Senior Credit Facility					$ 58,600,000
Prior Senior Credit Agreement [Member]
Debt (Textual) [Abstract]
Repayment of borrowing and accrued interest														267,700,000
Write off amount of deferred financing fees	$ 7,900,000
Senior Credit Facility [Member]
Debt (Textual) [Abstract]
Financing fess related to senior credit facility														$ 6,700,000

Debt (Details Textual 1)
£ in Millions, $ in Millions, $ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Feb. 10, 2011

USD ($)

Oct. 31, 2009

USD ($)

Jan. 01, 2012

CAD ($)

Jan. 01, 2012

ZAR (R)

Bed

Jan. 01, 2012

AUD ($)

Bed

Jan. 01, 2012

USD ($)

Bed

Jan. 02, 2011

USD ($)

Jan. 03, 2010

USD ($)

Jan. 01, 2012

GBP (£)

Jan. 01, 2012

ZAR (R)

Jan. 01, 2012

AUD ($)

Jan. 01, 2012

USD ($)

Dec. 09, 2011

USD ($)

Oct. 03, 2011

USD ($)

Aug. 22, 2011

USD ($)

Feb. 28, 2011

Feb. 01, 2011

USD ($)

Jan. 02, 2011

AUD ($)

Jan. 02, 2011

USD ($)

Oct. 21, 2010

USD ($)

Aug. 31, 2010

Oct. 20, 2009

Debt (Textual) (Abstract)

Notes bear interest at a rate

6.625%

8.47%

Proceeds from long-term debt

$ 835,395,000

$ 726,000,000

$ 333,000,000

Discount on term loan

$ (1,538,000)

$ (1,867,000)

Aggregate principal amount of taxable revenue bonds

49,500,000

250,000,000

Bonds fixed coupon rates maximum

4.10%

Non-recourse debt, Australian subsidiary

^[1]

208,532,000

191,394,000

Property and equipment, net

$ 998,560,000

1,706,171,000

^[1]

1,511,292,000

^[1]

Long-Term Debt

1,319,068,000

798,336,000

Current restricted cash and investment

^[1]

42,535,000

41,150,000

Non Current restricted cash and Investments (including VIEs of $38,930 and $33,266, respectively)

^[1]

$ 57,912,000

$ 49,492,000

Debt (Additional Textual) (Abstract)

Weighted average interest rates on outstanding borrowings under Senior Credit Facility

3.40%

3.50%

Initial number of beds | Bed

1,030

Revised number of beds | Bed

1,575

Term period of non-recourse bonds of the Company

10 years

Remaining guarantee under letter of credit

R 34,800,000

$ 4,300,000

Maximum loan amount under stand by facility to SACS

R 20,000,000

$ 2,500,000

Reduction in stand by letter of credit guarantee | R

R 8,400,000

Potential estimated exposure of tax obligations

$ 2.5

2,400,000

2,000,000

$ 1,800,000

Variable Interest Entity, Primary Beneficiary [Member]

Debt (Textual) (Abstract)

Non-recourse debt, Australian subsidiary

108,335,000

132,078,000

Long-term Debt, Gross

27,300,000

Property and equipment, net

162,665,000

167,209,000

Payment from restricted cash for the current portion of periodic debt service requirement

$ 4,800,000

Current Portion of Non-recourse Debt

5,000,000

Current restricted cash and investment

35,435,000

34,049,000

Non Current restricted cash and Investments (including VIEs of $38,930 and $33,266, respectively)

$ 38,930,000

33,266,000

GEO Amey [Member]

Debt (Textual) (Abstract)

Debt instrument basis spread on variable rate

3.00%

Accrued interest included under line of credit

$ 200,000

Amount including accrued interest under line of credit

$ 13,100,000

Percentage of ownership in South African joint venture in SACS

50.00%

Lines of credit | £

£ 12.0

Maximum exposure to joint venture relative to note receivable

12.0

13,100,000

Lines of credit outstanding

£ 8.3

12,900,000

Non Recourse Debt Northwest Detention Center [Member]

Debt (Textual) (Abstract)

Aggregate principal amount of taxable revenue bonds

57,000,000

Bonds fixed coupon rates minimum

4.00%

Long-term Debt, Gross

19,700,000

Payment from restricted cash for the current portion of periodic debt service requirement

$ 6,100,000

Current Portion of Non-recourse Debt

6,300,000

Current restricted cash

7,100,000

Non current restricted cash

$ 2,200,000

MCFs Non Recourse Debt [Member]

Debt (Textual) (Abstract)

Notes bear interest at a rate

8.47%

Non-recourse debt, Australian subsidiary

$ 77,900,000

93,700,000

Net premium of non-recourse debt

8,300,000

11,400,000

Current Portion of Non-recourse Debt

15,800,000

14,600,000

Debt service reserve fund balance

23,900,000

Current restricted cash and investment

29,200,000

Non Current restricted cash and Investments (including VIEs of $38,930 and $33,266, respectively)

$ 19,700,000

Senior Note Due 2017 [Member]

Debt (Textual) (Abstract)

Notes bear interest at a rate

7.75%

Principal Amount of Senior notes due 2021 exchanged

$ 300,000,000

$ 250,000,000

Proceeds from long-term debt

$ 246,400,000

Discount on term loan

3,600,000

Redemption price as percentage of principal amount before October 15, 2013

100.00%

Percentage of notes redeemable by proceed from specified equity offerings

35.00%

Redemption price as percentage of principal amount on or before October 15, 2012

107.75%

Aggregate principal amount of taxable revenue bonds

$ 250,000,000

Notice period for redemption of Senior Notes at the option of the company

Not less than 30 nor more than 60 days

Minimum period of notice to redeem senior notes

30 days

Maximum period of notice to redeem senior notes

60 days

Senior Notes Due 2021 [Member]

Debt (Textual) (Abstract)

Notes bear interest at a rate

6.625%

Proceeds from long-term debt

$ 293,300,000

Redemption price as percentage of principal amount before October 15, 2013

100.00%

Percentage of notes redeemable by proceed from specified equity offerings

35.00%

Redemption price as percentage of principal amount on or before October 15, 2012

106.625%

Aggregate principal amount of taxable revenue bonds

$ 300,000,000

Notice period for redemption of Senior Notes at the option of the company

Not less than 30 nor more than 60 days

Minimum period of notice to redeem senior notes

30 days

Maximum period of notice to redeem senior notes

60 days

Senior Notes Due 2013 [Member]

Debt (Textual) (Abstract)

Notes bear interest at a rate

8.25%

Taxable Revenue Bonds STLDC [Member]

Debt (Textual) (Abstract)

Aggregate principal amount of taxable revenue bonds

$ 49,500,000

Bonds fixed coupon rates minimum

4.63%

Bonds fixed coupon rates maximum

5.07%

Subordinate Notes STLDC [Member]

Debt (Textual) (Abstract)

Subordinated notes receivable from STLDC

5,000,000

Current restricted cash

6,200,000

Non current restricted cash

19,200,000

Subordinate Notes STLDC [Member] | South Texas Detention Complex Carrying Value [Member] | Variable Interest Entity, Primary Beneficiary [Member]

Debt (Textual) (Abstract)

Property and equipment, net

26,400,000

27,000,000

Australian Subsidiary's Non Recourse Debt [Member]

Debt (Textual) (Abstract)

Non-recourse debt, Australian subsidiary

$ 39.5

40,300,000

$ 45.2

$ 46,300,000

Non current restricted cash

$ 5,100,000

Interest rate terms

Variable rate quoted by certain Australian banks plus 140 basis points

Debt instrument basis spread on variable rate

1.40%

Minimum value of restricted cash balance required to be maintained

$ 5.0

Non Recourse Debt 2011 Revenue Bonds [Member]

Debt (Textual) (Abstract)

Notes bear interest at a rate

6.40%

Long-Term Debt

$ 54,400,000

[1]	Variable interest entities or "VIEs"

Commitments and Contingencies (Details) $ in Thousands	Jan. 01, 2012 USD ($)
Future minimum commitments under leases
2012	$ 35,826
2013	33,281
2014	25,692
2015	17,486
2016	14,948
Thereafter	48,707
Total	$ 175,940

Commitments and Contingencies (Details Textual) $ in Thousands, $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2012 USD ($) Bed	Oct. 02, 2011 USD ($)	Jul. 03, 2011 USD ($)	Apr. 03, 2011 USD ($)	Jan. 02, 2011 USD ($)	Oct. 03, 2010 USD ($)	Jul. 04, 2010 USD ($)	Apr. 04, 2010 USD ($)	Jan. 01, 2012 AUD ($) ServiceCenter Office	Jan. 01, 2012 USD ($) ServiceCenter Office Bed	Jan. 02, 2011 USD ($)	Jan. 03, 2010 USD ($)	Nov. 30, 2011 Bed	Oct. 12, 2011 Bed	Sep. 30, 2011 Bed	Aug. 29, 2011 USD ($)	Aug. 22, 2011 USD ($)	Jun. 22, 2011 USD ($)	May 29, 2011 Bed	Apr. 30, 2011 Bed	Feb. 28, 2011 Bed
Additional Commitments and Contingencies (Textual) [Abstract]
Operating income (loss)	$ 49,642	$ 51,230	$ 50,407	$ 40,890	$ 43,375	$ 29,524	$ 33,050	$ 34,524		$ 192,169	$ 140,473	$ 135,445
Depreciation expense										$ 65,300	41,400	36,300
Commitments and Contingencies (Textual) [Abstract]
Leased ISAP service centers in connection with acquisition \| ServiceCenter									35	35
Leased electronic monitoring field offices in connection with acquisition \| Office									8	8
Minimum rent expense										$ 35,900	$ 25,400	$ 18,700
Verdict against the company in wrongful death action																		$ 6,500
Court entered judgment against Company																	$ 8,400
Amount of liability responsible for wrongful death action																		$ 3,000
Claims against the company related to property damages including interest									$ 18	18,400
Amount of Bond for Litigation																$ 10,000
Estimated construction capital project cost										245,800
Cost already spent on existing capital projects										156,100
Remaining capital required for capital projects										89,700
Capital expenditure related to facility maintenance cost minimum range										30,000
Capital expenditure related to facility maintenance cost maximum range										$ 35,000
Number of vacant beds at its idle facilities \| Bed	7,700									7,700
Carrying values of idle facilities	$ 297,300									$ 297,300
Workforce Subject to Collective Bargaining Arrangements [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Percentage of workforce covered by collective bargaining agreements	18.00%									18.00%
Workforce Subject to Collective Bargaining Arrangements Expiring within One Year [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Percentage of workforce covered by collective bargaining agreements	8.00%									8.00%
Contract Termination [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Revenue related to terminated contracts										$ 48,800
Operating income (loss)										2,800
Depreciation expense										3,700
North Texas ISF [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed																					424
Regional Correctional Center [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed																				970
Campsfield House Immigration Removal Centre [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed																			215
Leo Chesney Community Correctional Facility [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed															305
Desert view modified community correctional facility [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed													643
Central valley modified community correctional facility [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Number of beds under terminated contract \| Bed														625
North lake correctional facility [Member] \| Contract Termination [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Revenue related to terminated contracts										2,400
Other Facility [Member] \| Contract Termination [Member]
Additional Commitments and Contingencies (Textual) [Abstract]
Revenue related to terminated contracts										$ 26,400

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Earnings Per Share, Basic and Diluted [Abstract]
Income from Continuing Operations	$ 18,627	$ 21,293	$ 21,163	$ 16,380	$ 23,047	$ 5,010	$ 17,025	$ 17,708	$ 77,463	$ 62,790	$ 66,469
Net loss attributable to noncontrolling interests									1,162	678	(169)
Income attributable to The GEO Group Inc.									$ 78,625	$ 63,468	$ 66,300
Basic earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding									63,425,000	55,379,000	50,879,000
Per share amount									$ 1.24	$ 1.15	$ 1.30
Diluted earnings per share from continuing operations attributable to The GEO Group, Inc.:
Weighted average shares outstanding									63,425,000	55,379,000	50,879,000
Diluted effect of equity incentive plans									315,000	610,000	1,043,000
Weighted average shares assuming dilution									63,740,000	55,989,000	51,922,000
Earnings per share diluted	$ 0.30	$ 0.34	$ 0.33	$ 0.26	$ 0.36	$ 0.09	$ 0.35	$ 0.34	$ 1.23	$ 1.13	$ 1.27
Restricted Stock [Member]
Basic and diluted earnings per share (Textual) [Abstract]
Antidilutive securities excluded from computation of earnings per share									0	0	107
Stock Options [Member]
Basic and diluted earnings per share (Textual) [Abstract]
Antidilutive securities excluded from computation of earnings per share									105,307	25,570	69,492

Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Benefit Plans (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Change in Projected Benefit Obligation
Projected benefit obligation, Beginning of Year	$ 13,830	$ 16,206
Service cost	645	525
Interest cost	667	746
Actuarial (Gain) Loss	1,922	986
Benefits paid	(185)	(4,633)
Projected benefit obligation, End of Year	16,879	13,830
Change in Plan Assets
Company contributions	185	4,633
Benefits paid	(185)	(4,633)
Plan assets at fair value, End of Year	0	0
Defined Benefit Plan, Fair Value of Plan Assets	$ 0	$ 0	$ 0	$ 0	$ 0
Unfunded Status of the Plan			(16,879)	(13,830)
Amounts Recognized in Accumulated Other Comprehensive Income
Prior service cost			0	0
Net loss			3,531	1,671
Total Pension Cost			$ 3,531	$ 1,671

Benefit Plans (Details 1) - USD ($) $ in Thousands	12 Months Ended
Benefit Plans (Details 1) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Components of Net Periodic Benefit Cost
Service cost	$ 645	$ 525
Interest cost	667	746
Amortization of: Prior service cost		41
Net loss	62	33
Settlements		297
Net periodic pension cost	$ 1,374	$ 1,642
Weighted Average Assumptions for Expense
Discount rate	5.50%	5.75%
Rate of compensation increase, percentage	4.29%	4.50%

Benefit Plans (Details 2) $ in Thousands	Jan. 01, 2012 USD ($)
Benefit payments representing the company's obligations to employees
2012	$ 6,249
2013	247
2014	295
2015	340
2016	388
Thereafter	9,360
Total benefit payments	$ 16,879

Benefit Plans (Details Textual) $ in Millions	12 Months Ended
Benefit Plans (Details Textual) $ in Millions	Jan. 01, 2012 USD ($) Age	Jan. 02, 2011 USD ($)	Jan. 03, 2010 USD ($)
Benefit Plans (Textual) [Abstract]
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 5.8
Non-qualified deferred compensation arrangement with individual taxes as specified in agreement	$ 2.1
Additional Benefit Plans (Textual) [Abstract]
Period of average compensation for pension benefit computation	5 years
Age limit for a lump sum payment	No sooner than age 55
Recognized as net periodic benefit cost	$ 0.2
Long-term portion of the pension liability	$ 16.7	$ 13.6
Retirement age \| Age	65
Expense related to contributions	$ 0.3	0.2	$ 0.1
Total deferred compensation liability	8.2	6.2
Deferred Compensation Liability Current	0.6	0.2
Former Chief Operating Officer [Member]
Benefit Plans (Textual) [Abstract]
Non-qualified deferred compensation arrangement with individual taxes as specified in agreement	1.6	1.2
Discounted retirement benefits under non-qualified deferred compensation agreement, including taxes as specified in the deferred compensation agreement	$ 4.4	3.2
Recognized settlement charges		$ 0.3	$ 0.2

Business Segments and Geographic Information (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Revenues:
Revenues									$ 1,612,899	$ 1,269,968	$ 1,141,090
Depreciation and amortization:
Depreciation and Amortization									85,341	48,111	39,306
Operating Income:
Operating income from segments									305,978	246,837	204,685
General and administrative expenses									(113,809)	(106,364)	(69,240)
Total Operating Income	$ 49,642	$ 51,230	$ 50,407	$ 40,890	$ 43,375	$ 29,524	$ 33,050	$ 34,524	192,169	140,473	135,445
Total segment assets	3,049,616				2,412,373				3,049,616	2,412,373
U.S. Corrections and Detention [Member]
Revenues:
Revenues									970,507	842,417	772,497
Depreciation and amortization:
Depreciation and Amortization									55,676	39,744	35,855
Operating Income:
Operating income from segments									218,569	204,398	178,329
Total Operating Income									39,700	15,900
Total segment assets	2,027,717				1,849,423				2,027,717	1,849,423
GEO Care [Member]
Revenues:
Revenues									426,759	213,819	133,387
Depreciation and amortization:
Depreciation and Amortization									27,530	6,600	2,003
Operating Income:
Operating income from segments									72,932	27,746	17,958
Total Operating Income									34,500	10,900
Total segment assets	747,656				299,563				747,656	299,563
International services [Member]
Revenues:
Revenues									215,514	190,477	137,171
Depreciation and amortization:
Depreciation and Amortization									2,135	1,767	1,448
Operating Income:
Operating income from segments									14,440	12,311	8,017
Total segment assets	98,449				103,004				98,449	103,004
Facility Constructions and Design [Member]
Revenues:
Revenues									119	23,255	98,035
Depreciation and amortization:
Depreciation and Amortization
Operating Income:
Operating income from segments									37	2,382	$ 381
Total segment assets	157				26				157	26
Reportable segment assets [Member]
Operating Income:
Total segment assets	$ 2,873,979				$ 2,252,016				$ 2,873,979	$ 2,252,016

Business Segments and Geographic Information (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Pre-Tax Income Reconciliation of Segments
Operating Income	$ 49,642	$ 51,230	$ 50,407	$ 40,890	$ 43,375	$ 29,524	$ 33,050	$ 34,524	$ 192,169	$ 140,473	$ 135,445
Unallocated Amount:
General and administrative expenses									(113,809)	(106,364)	(69,240)
Net interest expense									(68,344)	(34,436)	(23,575)
Costs related to early extinguishment of debt									0	(7,933)	(6,839)
Income Before Income Taxes, Equity in Earnings of Affiliates, and Discontinued Operations									123,825	98,104	105,031
Operating Segments [Member]
Pre-Tax Income Reconciliation of Segments
Operating Income									$ 305,978	$ 246,837	$ 204,685

Business Segments and Geographic Information (Details 2) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010	Dec. 28, 2008
Asset Reconciliation of Segments
Cash and cash equivalents	$ 44,753	$ 39,664	$ 33,856	$ 31,655
Deferred income tax	30,437	30,051
Restricted cash and investments	100,447	90,642
Assets	3,049,616	2,412,373
Reportable segment assets [Member]
Asset Reconciliation of Segments
Assets	$ 2,873,979	$ 2,252,016

- Definition

Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 8, 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 1
-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7
-Footnote 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Cash
-URI http://asc.fasb.org/extlink&oid=6506951

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Cash Equivalents
-URI http://asc.fasb.org/extlink&oid=6507016

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.1)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3044-108585

+ Details

Business Segments and Geographic Information (Details 3) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jan. 01, 2012

Oct. 02, 2011

Jul. 03, 2011

Apr. 03, 2011

Jan. 02, 2011

Oct. 03, 2010

Jul. 04, 2010

Apr. 04, 2010

Jan. 01, 2012

Jan. 02, 2011

Jan. 03, 2010

Geographical Information

Revenues

$ 406,469

$ 406,847

$ 407,817

$ 391,766

$ 374,398

$ 327,933

$ 280,095

$ 287,542

$ 1,612,899

$ 1,269,968

$ 1,141,090

Property and equipment, net

1,706,171

^[1]

1,511,292

^[1]

1,706,171

^[1]

1,511,292

^[1]

998,560

U.S. operations [Member]

Geographical Information

Revenues

1,397,385

1,079,491

1,003,919

Property and equipment, net

1,700,766

1,506,666

1,700,766

1,506,666

994,327

Australia operations [Member]

Geographical Information

Revenues

164,870

142,648

103,197

Property and equipment, net

4,469

3,603

4,469

3,603

2,887

South African operations [Member]

Geographical Information

Revenues

21,357

19,231

16,843

Property and equipment, net

334

439

334

439

447

United Kingdom operations [Member]

Geographical Information

Revenues

29,287

28,598

17,131

Property and equipment, net

$ 602

$ 584

$ 602

$ 584

$ 899

[1]	Variable interest entities or "VIEs"

Business Segments and Geographic Information (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Revenues:
Revenues	$ 1,612,899	$ 1,269,968	$ 1,141,090
Statement of Operations Data
Revenues	48,844	46,005	37,736
Operating income	19,613	18,350	14,958
Net income	7,856	8,435	7,034
Detention & Corrections [Member]
Revenues:
Revenues	1,186,021	1,032,894	909,668
GEO Care [Member]
Revenues:
Revenues	426,759	213,819	133,387
Facility Constructions and Design [Member]
Revenues:
Revenues	$ 119	$ 23,255	$ 98,035

- Definition

The amount of net income (loss) reported by an equity method investment of the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 20
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph bb
-Article 1

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph w
-Article 1

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph g
-Subparagraph 1, 2

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(g))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33912-111571

+ Details

Business Segments and Geographic Information (Details 5) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Balance Sheet Data
Current assets	$ 21,068	$ 40,624	$ 33,808
Non-current assets	39,110	50,613	47,453
Current liabilities	3,645	3,552	2,888
Non-current liabilities	45,237	60,129	53,877
Shareholders' equity	$ 11,296	$ 27,556	$ 24,496

- Definition

The amount of current assets reported by an equity method investment of the entity.

+ References

+ Details

- Definition

The amount of current liabilities reported by an equity method investment of the entity.

+ References

+ Details

- Definition

The amount of noncurrent assets reported by an equity method investment of the entity.

+ References

+ Details

- Definition

The amount of noncurrent liabilities reported by an equity method investment of the entity.

+ References

+ Details

Business Segments And Geographical Information (Details 6)	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
U S Federal Government [Member]
Business Concentration
Percentage of revenue	40.00%	35.00%	31.00%
State of Florida [Member]
Business Concentration
Percentage of revenue	11.00%	14.00%	16.00%

Business Segments and Geographic Information (Details Textual) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012 USD ($)	Oct. 02, 2011 USD ($)	Jul. 03, 2011 USD ($)	Apr. 03, 2011 USD ($)	Jan. 02, 2011 USD ($)	Oct. 03, 2010 USD ($)	Jul. 04, 2010 USD ($)	Apr. 04, 2010 USD ($)	Jan. 01, 2012 USD ($) Segment	Jan. 02, 2011 USD ($)	Jan. 03, 2010 USD ($)
Business Segment and Geographical Information (Textual) [Abstract]
Number of reportable business segment \| Segment									4
Revenue contributed by Acquisition	$ 406,469	$ 406,847	$ 407,817	$ 391,766	$ 374,398	$ 327,933	$ 280,095	$ 287,542	$ 1,612,899	$ 1,269,968	$ 1,141,090
Operating Income	49,642	$ 51,230	$ 50,407	$ 40,890	43,375	$ 29,524	$ 33,050	$ 34,524	$ 192,169	140,473	$ 135,445
Business Segment and Geographical Information (Additional Textual) [Abstract]
Consolidated revenue to single customer									10.00%
U.S. Corrections and Detention [Member]
Business Segment and Geographical Information (Textual) [Abstract]
Revenue contributed by Acquisition									$ 160,400	85,500
Operating Income									39,700	15,900
GEO Care [Member]
Business Segment and Geographical Information (Textual) [Abstract]
Revenue contributed by Acquisition									158,700	65,700
Operating Income									34,500	10,900
BI Acquisition [Member]
Business Segment and Geographical Information (Textual) [Abstract]
Revenue contributed by Acquisition									86,900
Operating Income									26,300
SACS [Member]
Business Segment and Geographical Information (Textual) [Abstract]
Investment in Joint Ventures	$ 5,600				$ 13,800				$ 5,600	$ 13,800

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Income before income taxes, equity earnings in affiliates, and discontinued operations
Income Before Income Taxes, Equity in Earnings of Affiliates, and Discontinued Operations	$ 123,825	$ 98,104	$ 105,031
Discontinued operations:
Income from operation of discontinued business			(562)
Total	123,825	98,104	104,469
Foreign Country [Member]
Income before income taxes, equity earnings in affiliates, and discontinued operations
Foreign	16,082	13,573	8,380
United States [Member]
Income before income taxes, equity earnings in affiliates, and discontinued operations
United States	$ 107,743	$ 84,531	$ 96,651

- Definition

Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References + Details

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Federal Income Taxes:
Current	$ (474)	$ 13,316	$ 24,443
Deferred	36,650	16,070	10,734
Federal Income Tax Expense (Benefit), Continuing Operations, Total	36,176	29,386	35,177
State income taxes:
Current	2,673	2,713	2,889
Deferred	4,803	3,136	310
State and Local Income Tax Expense (Benefit), Continuing Operations, Total	7,476	5,849	3,199
Foreign:
Current	4,706	5,562	4,737
Deferred	(433)	(1,265)	(1,034)
Foreign Income Tax Expense (Benefit), Continuing Operations, Total	4,273	4,297	3,703
Total U.S. and foreign income taxes from continuing operations	47,925	39,532	42,079
Discontinued operations:
Taxes (benefit) from operations of discontinued business	0	0	(216)
Total	$ 47,925	$ 39,532	$ 41,863

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Continuing operations
Provisions using statutory federal income tax rate	$ 43,339	$ 34,336	$ 36,761
State income taxes, net of federal tax benefit	4,907	3,671	2,949
Change in contingent tax liabilities	(337)	(2,366)	1,591
Impact of nondeductible transaction costs	65	3,230	283
Other, net	(49)	661	495
Total U.S. and foreign income taxes from continuing operations	47,925	39,532	42,079
Discontinued operations
Taxes (benefit) from operations of discontinued business	0	0	(216)
Total	$ 47,925	$ 39,532	$ 41,863

Income Taxes (Details 3) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Components of Deferred Tax Assets
Accrued liabilities	$ 21,179	$ 20,768
Accrued compensation	6,005	5,351
Other, net	1,542	2,996
Total asset	$ 28,726	$ 29,115

- Definition

The current portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. An unrecognized tax benefit that is directly related to a position taken in a tax year that results in a net operating loss carryforward is presented as a reduction of the related deferred tax asset.

+ References + Details

- Definition

The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from currently nondeductible expenses in accrued liabilities, which can only be deducted for tax purposes when such items are actually incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken.

+ References + Details

- Definition

The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from currently nondeductible expenses in other reserves and accruals not otherwise listed in the existing taxonomy, which can only be deducted for tax purposes when such liabilities are actually incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken.

+ References + Details

Income Taxes (Details 4) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Components of the net non-current deferred income tax asset
Depreciation	$ 1,711	$ 936
Total Asset	$ 1,711	$ 936

- Definition

The noncurrent portion as of the balance sheet date of the aggregate carrying amount of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after the valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, is classified according to the expected reversal date of the temporary difference.

+ References + Details

Income Taxes (Details 5) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011
Components of the net non-current deferred income tax liability
Deferred compensation	$ 9,614	$ 7,628
Net operating losses	17,541	7,988
Tax credits	6,136	4,414
Deferred loan costs	2,073	2,143
Equity Awards	2,881	2,047
Other, net	1,879	1,187
Bond discount	(657)	(780)
Residual US tax liability on unrepatriated foreign earnings	(3,668)	(3,052)
Valuation allowance	(8,217)	(7,793)
Deferred Rent	(6,212)	(672)
Intangible assets	(72,579)	(29,606)
Depreciation	(74,000)	(38,822)
Total liability	$ (125,209)	$ (55,318)

Income Taxes (Details 6) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 6) - USD ($) $ in Thousands	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Reconciliation of unrecognized tax benefits
Balance at Beginning of Period	$ 9,262	$ 5,947	$ 5,889
Additions based on tax positions related to the current year	13	3,251	479
Additions for tax positions of prior years	43	200	4,854
Additions from current year acquisitions	3,848	2,928
Reductions for tax positions of prior years	(3,237)	(2,891)	(1,877)
Reductions as result of a lapse of applicable statutes of limitations	(845)
Settlements	(2,356)	(173)	(3,398)
Balance at End of Period	$ 6,728	$ 9,262	$ 5,947

Income Taxes (Details Textual) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Millions	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Income Taxes Additional (Textual) [Abstract]
U.S federal income tax rate	35.00%
Valuation allowance related to deferred tax assets	$ 8.2	$ 7.8
Increase in valuation allowance	0.3
Accumulated undistributed earnings invested	17.0
Additional taxes (net of foreign tax credits)	2.4
Foreign operating losses carry forward	10.6
State tax credits	6.9
Deferred tax asset net of valuation allowance	$ 3.8
Minimum percentage of benefits likelihood of being realized upon ultimate settlement with relevant tax authority	50.00%
Unrecognized tax benefits, net	$ 5.1
Decrease in unrecognized tax benefits	0.6
Recognized tax benefits that will reduce company's tax rate	5.1
Tax exposure by sustaining disallowed deduction			$ 15.4
Interest and penalties recognized	0.0	(0.8)	$ 0.1
Accrued income tax examination penalties and interest	0.4	$ 1.5
State and Local Jurisdiction [Member]
Income Taxes (Textual) [Abstract]
Federal net operating loss carryforwards	$ 99.7
Expiration date of operating loss carryforwards	2012
Domestic Country [Member]
Income Taxes (Textual) [Abstract]
Federal net operating loss carryforwards	$ 26.6
Expiration date of operating loss carryforwards	2022

Selected Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Company's quarterly financial data
Revenues	$ 406,469	$ 406,847	$ 407,817	$ 391,766	$ 374,398	$ 327,933	$ 280,095	$ 287,542	$ 1,612,899	$ 1,269,968	$ 1,141,090
Operating Income	49,642	51,230	50,407	40,890	43,375	29,524	33,050	34,524	192,169	140,473	135,445
Net Income	18,627	21,293	21,163	16,380	23,047	5,010	17,025	17,708	$ 77,463	$ 62,790	66,469
Net Income attributable to The GEO Group Inc.	$ 18,739	$ 21,518	$ 21,578	$ 16,790	$ 23,498	$ 5,281	$ 17,017	$ 17,672			$ (346)
Net income per common share attributable to The GEO Group Inc. - Basic	$ 0.30	$ 0.34	$ 0.33	$ 0.26	$ 0.37	$ 0.09	$ 0.35	$ 0.35	$ 1.24	$ 1.15	$ 1.30
Net income per common share attributable to The GEO Group Inc. - Diluted	$ 0.30	$ 0.34	$ 0.33	$ 0.26	$ 0.36	$ 0.09	$ 0.35	$ 0.34	$ 1.23	$ 1.13	$ 1.27

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 20

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 7
-Paragraph 18

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References + Details

- Definition

This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items before deduction or consideration of the amount which may be allocable to noncontrolling interests, if any. Includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 15

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 13
-Article 7

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.12)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.14)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Selected Quarterly Financial Data (Unaudited) (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Jan. 01, 2012	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Feb. 28, 2011	Aug. 31, 2010
Selected Quarterly Financial Data (Additional Textual) [Abstract]
Portion of start up costs included in operating income related to activation of North Lake		$ 5.6
Portion of start up costs included in operating income related to activation of Riverbend correctional Facility	$ 7.1
Notes bear interest at a rate						6.625%	8.47%
Cornell Companies, Inc. [Member]
Selected Quarterly Financial Data (Textual) [Abstract]
Impact of non-recurring transaction expenses on operating income			$ 9.2
Acquisition's related costs		$ 2.1		$ 9.7	$ 13.5

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Subsequent Events (Textual) [Abstract]
Revenues	$ 406,469	$ 406,847	$ 407,817	$ 391,766	$ 374,398	$ 327,933	$ 280,095	$ 287,542	$ 1,612,899	$ 1,269,968	$ 1,141,090
Operating Income	49,642	$ 51,230	$ 50,407	$ 40,890	$ 43,375	$ 29,524	$ 33,050	$ 34,524	192,169	140,473	135,445
Depreciation expense									65,300	$ 41,400	$ 36,300
Cornell Companies, Inc. [Member]
Subsequent Events (Textual) [Abstract]
Asset held for sale at carrying value	$ 400								400
Proceeds from sale of assets held for sale									$ 400
Dividends Payable		$ 0.10							$ 0.40
Revenues									$ 14,400
Operating Income									4,700
Depreciation expense									$ 800

Condensed Consolidating Financial Information (Details) - USD ($)
$ in Thousands

Jan. 01, 2012

Jan. 02, 2011

Jan. 03, 2010

Dec. 28, 2008

Assets

Cash and cash equivalents

$ 44,753

$ 39,664

$ 33,856

$ 31,655

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

^[1]

42,535

41,150

Accounts receivable, less allowance for doubtful accounts

292,783

275,778

Deferred income tax assets, net

28,726

29,115

Prepaid expenses and other current assets

50,532

36,377

Total current assets

459,329

422,084

Restricted cash and investments

^[1]

57,912

49,492

Property and equipment, net

1,706,171

^[1]

1,511,292

^[1]

998,560

Assets Held for Sale

4,363

9,970

Direct Finance Lease Receivable

32,146

37,544

Intercompany Receivable

Deferred Income Tax Asset, Net

1,711

936

Goodwill

508,066

236,594

Intangible Assets, Net

200,342

87,813

Investment in Subsidiaries

Other Non-Current Assets

79,576

56,648

Total Assets

3,049,616

2,412,373

Current Liabilities

Accounts payable

69,653

73,880

Accrued payroll and related taxes

38,642

33,361

Accrued expenses

126,857

118,472

Current portion of capital lease obligations, long-term debt and non-recourse debt

^[1]

53,666

41,574

Total current liabilities

288,818

267,287

Deferred Income Tax Liabilities

125,209

55,318

Intercompany Payable

Other Non-Current Liabilities

56,381

46,862

Capital Lease Obligations

13,087

13,686

Long-Term Debt

1,319,068

798,336

Non-recourse debt, Australian subsidiary

^[1]

208,532

191,394

Commitments and Contingencies

Total shareholders' equity

1,038,521

1,039,490

665,098

579,597

Total Liabilities and Shareholders' Equity

3,049,616

2,412,373

The GEO Group Inc. [Member]

Assets

Cash and cash equivalents

15,085

2,614

12,376

15,807

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

Accounts receivable, less allowance for doubtful accounts

128,302

121,749

Deferred income tax assets, net

14,063

15,191

Prepaid expenses and other current assets

17,315

12,325

Total current assets

174,765

151,879

Restricted cash and investments

8,016

6,168

Property and equipment, net

620,821

433,219

Assets Held for Sale

3,083

Direct Finance Lease Receivable

Intercompany Receivable

386,026

203,703

Deferred Income Tax Asset, Net

Goodwill

Intangible Assets, Net

Investment in Subsidiaries

1,349,188

1,184,297

Other Non-Current Assets

40,695

24,020

Total Assets

2,582,628

2,006,403

Current Liabilities

Accounts payable

47,162

57,015

Accrued payroll and related taxes

3,223

6,535

Accrued expenses

69,756

55,081

Current portion of capital lease obligations, long-term debt and non-recourse debt

19,037

9,500

Total current liabilities

139,178

128,131

Deferred Income Tax Liabilities

42,879

15,874

Intercompany Payable

14,027

1,805

Other Non-Current Liabilities

29,384

22,767

Capital Lease Obligations

Long-Term Debt

1,318,639

798,336

Non-recourse debt, Australian subsidiary

Commitments and Contingencies

Total shareholders' equity

1,038,521

1,039,490

Total Liabilities and Shareholders' Equity

2,582,628

2,006,403

Combined Subsidiary Guarantors [Member]

Assets

Cash and cash equivalents

3,155

221

5,333

130

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

Accounts receivable, less allowance for doubtful accounts

141,671

130,197

Deferred income tax assets, net

10,875

9,797

Prepaid expenses and other current assets

23,832

23,222

Total current assets

179,533

163,437

Restricted cash and investments

Property and equipment, net

834,513

867,046

Assets Held for Sale

1,280

6,887

Direct Finance Lease Receivable

Intercompany Receivable

14,305

14,380

Deferred Income Tax Asset, Net

Goodwill

507,272

235,798

Intangible Assets, Net

198,477

85,384

Investment in Subsidiaries

9,784

Other Non-Current Assets

73,480

45,820

Total Assets

1,818,644

1,418,752

Current Liabilities

Accounts payable

18,549

13,254

Accrued payroll and related taxes

18,417

10,965

Accrued expenses

33,504

38,193

Current portion of capital lease obligations, long-term debt and non-recourse debt

1,363

782

Total current liabilities

71,833

63,194

Deferred Income Tax Liabilities

82,296

39,424

Intercompany Payable

378,005

199,994

Other Non-Current Liabilities

28,654

25,839

Capital Lease Obligations

13,087

13,686

Long-Term Debt

429

Non-recourse debt, Australian subsidiary

Commitments and Contingencies

Total shareholders' equity

1,244,340

1,076,615

Total Liabilities and Shareholders' Equity

1,818,644

1,418,752

Combined Non-Guarantor Subsidiaries [Member]

Assets

Cash and cash equivalents

26,513

36,829

$ 16,147

$ 15,718

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

42,535

41,150

Accounts receivable, less allowance for doubtful accounts

22,810

23,832

Deferred income tax assets, net

3,788

4,127

Prepaid expenses and other current assets

10,539

9,256

Total current assets

106,185

115,194

Restricted cash and investments

49,896

43,324

Property and equipment, net

250,837

211,027

Assets Held for Sale

Direct Finance Lease Receivable

32,146

37,544

Intercompany Receivable

14,028

1,805

Deferred Income Tax Asset, Net

1,711

936

Goodwill

760

762

Intangible Assets, Net

1,865

2,429

Investment in Subsidiaries

Other Non-Current Assets

31,022

28,558

Total Assets

488,450

441,579

Current Liabilities

Accounts payable

3,942

3,611

Accrued payroll and related taxes

17,002

15,861

Accrued expenses

24,751

33,624

Current portion of capital lease obligations, long-term debt and non-recourse debt

33,266

31,292

Total current liabilities

78,961

84,388

Deferred Income Tax Liabilities

Intercompany Payable

22,327

18,089

Other Non-Current Liabilities

63,964

40,006

Capital Lease Obligations

Long-Term Debt

Non-recourse debt, Australian subsidiary

208,532

191,394

Commitments and Contingencies

Total shareholders' equity

114,632

107,682

Total Liabilities and Shareholders' Equity

488,450

441,579

Eliminations [Member]

Assets

Cash and cash equivalents

Restricted cash and investments (including VIEs of $35,435 and $34,049, respectively)

Accounts receivable, less allowance for doubtful accounts

Deferred income tax assets, net

Prepaid expenses and other current assets

(1,154)

(8,426)

Total current assets

(1,154)

(8,426)

Restricted cash and investments

Property and equipment, net

Assets Held for Sale

Direct Finance Lease Receivable

Intercompany Receivable

(414,359)

(219,888)

Deferred Income Tax Asset, Net

Goodwill

Intangible Assets, Net

Investment in Subsidiaries

(1,358,972)

(1,184,297)

Other Non-Current Assets

(65,621)

(41,750)

Total Assets

(1,840,106)

(1,454,361)

Current Liabilities

Accounts payable

Accrued payroll and related taxes

Accrued expenses

(1,154)

(8,426)

Current portion of capital lease obligations, long-term debt and non-recourse debt

Total current liabilities

(1,154)

(8,426)

Deferred Income Tax Liabilities

Intercompany Payable

(414,359)

(219,888)

Other Non-Current Liabilities

(65,621)

(41,750)

Capital Lease Obligations

Long-Term Debt

Non-recourse debt, Australian subsidiary

Commitments and Contingencies

Total shareholders' equity

(1,358,972)

(1,184,297)

Total Liabilities and Shareholders' Equity

$ (1,840,106)

$ (1,454,361)

[1]	Variable interest entities or "VIEs"

Condensed Consolidating Financial Information (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 01, 2012	Oct. 02, 2011	Jul. 03, 2011	Apr. 03, 2011	Jan. 02, 2011	Oct. 03, 2010	Jul. 04, 2010	Apr. 04, 2010	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues	$ 406,469	$ 406,847	$ 407,817	$ 391,766	$ 374,398	$ 327,933	$ 280,095	$ 287,542	$ 1,612,899	$ 1,269,968	$ 1,141,090
Operating Expenses									1,221,580	975,020	897,099
Depreciation and Amortization									85,341	48,111	39,306
General and Administrative Expenses									113,809	106,364	69,240
Operating income (loss)	49,642	51,230	50,407	40,890	43,375	29,524	33,050	34,524	192,169	140,473	135,445
Interest Income									7,038	6,271	4,943
Interest Expense									(75,382)	(40,707)	(28,518)
Loss on Extinguishment of Debt									0	(7,933)	(6,839)
Income (loss) before income taxes and equity in earnings of affiliate									123,825	98,104	105,031
Provision (Benefit) for Income Taxes									47,925	39,532	42,079
Equity in Earnings of Affiliates, net of income tax provision of $2165, $2212, and $1368									1,563	4,218	3,517
Income (loss) before equity income of consolidated subsidiaries									77,463	62,790	66,469
Income from Continuing Operations	18,627	21,293	21,163	16,380	23,047	5,010	17,025	17,708	77,463	62,790	66,469
Net Income attributable to The GEO Group Inc.	$ 18,739	$ 21,518	$ 21,578	$ 16,790	$ 23,498	$ 5,281	$ 17,017	$ 17,672			(346)
Net income									77,463	62,790	66,123
Net (income) loss attributable to noncontrolling interests									1,162	678	(169)
Net income attributable to The GEO Group Inc.									78,625	63,468	65,954
The GEO Group Inc. [Member]
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues									589,250	589,009	620,271
Operating Expenses									534,464	518,387	523,820
Depreciation and Amortization									20,935	17,011	17,877
General and Administrative Expenses									39,445	46,840	36,042
Operating income (loss)									(5,594)	6,771	42,532
Interest Income									29,087	5,309	202
Interest Expense									61,447	(29,484)	(19,709)
Loss on Extinguishment of Debt										(7,933)	(6,839)
Income (loss) before income taxes and equity in earnings of affiliate									(37,954)	(25,337)	(16,186)
Provision (Benefit) for Income Taxes									(14,517)	(6,775)	6,439
Income (loss) before equity income of consolidated subsidiaries									(23,437)	(18,562)	9,747
Income from consolidated subsidiaries, net of income tax provision									100,900	81,352	56,722
Income from Continuing Operations											66,469
Net Income attributable to The GEO Group Inc.											(346)
Net income									77,463	62,790	66,123
Net income attributable to The GEO Group Inc.									77,463	62,790	66,123
Combined Subsidiary Guarantors [Member]
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues									876,450	522,526	335,588
Operating Expenses									589,967	344,046	218,679
Depreciation and Amortization									56,865	25,787	17,128
General and Administrative Expenses									58,669	41,552	19,500
Operating income (loss)									170,949	111,141	80,281
Interest Income									2,614	1,326	12
Interest Expense									(30,724)	(6,126)
Income (loss) before income taxes and equity in earnings of affiliate									142,839	106,341	80,293
Provision (Benefit) for Income Taxes									55,427	41,090	31,937
Income (loss) before equity income of consolidated subsidiaries									87,412	65,251	48,356
Income from Continuing Operations											48,356
Net Income attributable to The GEO Group Inc.											(193)
Net income									87,412	65,251	48,163
Net income attributable to The GEO Group Inc.									87,412	65,251	48,163
Combined Non-Guarantor Subsidiaries [Member]
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues									234,468	226,005	235,747
Operating Expenses									184,418	180,159	205,116
Depreciation and Amortization									7,541	5,313	4,301
General and Administrative Expenses									15,695	17,972	13,698
Operating income (loss)									26,814	22,561	12,632
Interest Income									6,462	5,836	4,729
Interest Expense									(14,336)	(11,297)	(8,809)
Income (loss) before income taxes and equity in earnings of affiliate									18,940	17,100	8,552
Provision (Benefit) for Income Taxes									7,015	5,217	3,703
Equity in Earnings of Affiliates, net of income tax provision of $2165, $2212, and $1368									1,563	4,218	3,517
Income (loss) before equity income of consolidated subsidiaries									13,488	16,101	8,366
Income from Continuing Operations											8,366
Net income									13,488	16,101	8,366
Net income attributable to The GEO Group Inc.									13,488	16,101	8,366
Eliminations [Member]
Consolidated Statements of Income and Comprehensive Income [Abstract]
Revenues									(87,269)	(67,572)	(50,516)
Operating Expenses									(87,269)	(67,572)	(50,516)
Interest Income									(31,125)	(6,200)
Interest Expense									31,125	6,200
Income from consolidated subsidiaries, net of income tax provision									(100,900)	(81,352)	(56,722)
Income from Continuing Operations											(56,722)
Net Income attributable to The GEO Group Inc.											193
Net income									(100,900)	(81,352)	(56,529)
Net (income) loss attributable to noncontrolling interests									1,162	678	(169)
Net income attributable to The GEO Group Inc.									$ (99,738)	$ (80,674)	$ (56,698)

Condensed Consolidating Financial Information (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	$ 188,912	$ 126,202	$ 131,105
Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired	(409,607)	(260,255)	(38,386)
Just Care purchase price adjustment		(41)
Proceeds from sale of property and equipment	1,483	528	179
Proceeds from sale of assets held for sale	7,121
Change in restricted cash and investments	(9,826)	(11,432)	2,713
Capital Expenditure	(224,713)	(97,061)	(149,779)
Net cash used in investing activities	(635,542)	(368,261)	(185,273)
Cash Flow from Financing Activities:
Payments on long-term debt	(289,832)	(397,445)	(267,474)
Proceeds from long-term debt	835,395	726,000	333,000
Payments for purchase of treasury shares	(74,982)	(80,000)
Payments for retirement of common stock		(7,078)
Distribution to noncontrolling interests	(4,012)		(176)
Proceeds from the exercise of stock options	2,446	6,695	1,457
Income tax benefit of equity compensation	465	3,926	601
Debt issuance costs	(15,462)	(8,400)	(17,253)
Termination of interest rate swap agreements			1,719
Net cash provided by (used in) financing activities	454,018	243,698	51,874
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(2,299)	4,169	4,495
Net Increase (Decrease) in Cash and Cash Equivalents	5,089	5,808	2,201
Cash and Cash Equivalents, beginning of period	39,664	33,856	31,655
Cash and Cash Equivalents, end of period	44,753	39,664	33,856
The GEO Group Inc. [Member]
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	176,913	75,651	(5,448)
Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired	(409,607)	(260,255)
Proceeds from sale of property and equipment			150
Dividends from subsidiary			7,400
Capital Expenditure	(192,339)	(80,016)	(72,379)
Net cash used in investing activities	(601,946)	(340,271)	(64,829)
Cash Flow from Financing Activities:
Payments on long-term debt	(257,210)	(386,285)	(252,678)
Proceeds from long-term debt	782,247	726,000	333,000
Payments for purchase of treasury shares	(74,982)	(80,000)
Payments for retirement of common stock		(7,078)
Proceeds from the exercise of stock options	2,446	6,695	1,457
Income tax benefit of equity compensation	465	3,926	601
Debt issuance costs	(15,462)	(8,400)	(17,253)
Termination of interest rate swap agreements			1,719
Net cash provided by (used in) financing activities	437,504	254,858	66,846
Net Increase (Decrease) in Cash and Cash Equivalents	12,471	(9,762)	(3,431)
Cash and Cash Equivalents, beginning of period	2,614	12,376	15,807
Cash and Cash Equivalents, end of period	15,085	2,614	12,376
Combined Subsidiary Guarantors [Member]
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	25,877	10,922	119,792
Cash Flow from Investing Activities:
Acquisitions, cash consideration, net of cash acquired			(38,386)
Just Care purchase price adjustment		(41)
Proceeds from sale of property and equipment	1,450	528	29
Proceeds from sale of assets held for sale	7,121
Capital Expenditure	(30,239)	(15,801)	(75,556)
Net cash used in investing activities	(21,668)	(15,314)	(113,913)
Cash Flow from Financing Activities:
Payments on long-term debt	(1,275)	(720)	(676)
Net cash provided by (used in) financing activities	(1,275)	(720)	(676)
Net Increase (Decrease) in Cash and Cash Equivalents	2,934	(5,112)	5,203
Cash and Cash Equivalents, beginning of period	221	5,333	130
Cash and Cash Equivalents, end of period	3,155	221	5,333
Combined Non-Guarantor Subsidiaries [Member]
Cash Flow from Operating Activities:
Net cash provided by (used in) operating activities	(13,878)	39,629	16,761
Cash Flow from Investing Activities:
Proceeds from sale of property and equipment	33
Dividends from subsidiary			(7,400)
Change in restricted cash and investments	(9,826)	(11,432)	2,713
Capital Expenditure	(2,135)	(1,244)	(1,844)
Net cash used in investing activities	(11,928)	(12,676)	(6,531)
Cash Flow from Financing Activities:
Payments on long-term debt	(31,347)	(10,440)	(14,120)
Proceeds from long-term debt	53,148
Distribution to noncontrolling interests	(4,012)		(176)
Net cash provided by (used in) financing activities	17,789	(10,440)	(14,296)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(2,299)	4,169	4,495
Net Increase (Decrease) in Cash and Cash Equivalents	(10,316)	20,682	429
Cash and Cash Equivalents, beginning of period	36,829	16,147	15,718
Cash and Cash Equivalents, end of period	$ 26,513	$ 36,829	$ 16,147

Condensed Consolidating Financial Information (Details Textual) - USD ($) $ in Millions	Jan. 01, 2012	Feb. 28, 2011	Feb. 10, 2011	Jan. 02, 2011	Aug. 31, 2010	Oct. 20, 2009
Condensed Consolidating Financial Information (Textual) [Abstract]
Notes bear interest at a rate		6.625%			8.47%
Aggregate principal amount of taxable revenue bonds	$ 49.5			$ 250.0
Percentage of subsidiary owned	100.00%
Senior Notes Due 2021 [Member]
Condensed Consolidating Financial Information (Textual) [Abstract]
Notes bear interest at a rate	6.625%		6.625%
Aggregate principal amount of taxable revenue bonds			$ 300.0
Senior Note Issued October 20, 2009 [Member]
Condensed Consolidating Financial Information (Textual) [Abstract]
Notes bear interest at a rate						7.75%

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2012	Jan. 02, 2011	Jan. 03, 2010
Allowance for Doubtful Accounts [Member]
Valuation and Qualifying Accounts
Valuation and qualifying accounts, beginning balance	$ 1,308	$ 429	$ 625
Valuation and qualifying accounts, charged to cost and expenses	1,812	932	485
Valuation and qualifying accounts, charged to other accounts	3		(346)
Valuation and qualifying accounts, Deductions, actual charge-offs	(670)	(53)	(335)
Valuation and qualifying accounts, ending balance	2,453	1,308	429
Asset Replacement Reserve [Member]
Valuation and Qualifying Accounts
Valuation and qualifying accounts, beginning balance	0	0	623
Valuation and qualifying accounts, charged to cost and expenses			(613)
Valuation and qualifying accounts, Deductions, actual charge-offs			(10)
Valuation and qualifying accounts, ending balance	$ 0	$ 0	$ 0

Label	Element	Value
Common Stock, Shares, Outstanding	us-gaap_CommonStockSharesOutstanding	64,432,459
Common Stock, Shares, Outstanding	us-gaap_CommonStockSharesOutstanding	61,181,172