SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): March 13, 2006
THE GEO GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
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| Florida
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1-14260
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65-0043078 |
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(State or Other Jurisdiction of
Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.) |
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| 621 NW 53rd Street, Suite 700, Boca Raton, Florida
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33487 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
(561) 893-0101
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 2 — Financial Information
Item 2.02 Results of Operations and Financial Condition.
On March 13, 2006, The GEO Group, Inc. (“GEO”) issued a press release (the “Press Release”)
announcing its financial results for the quarter ended January 1, 2006, a copy of which is
incorporated herein by reference and attached hereto as Exhibit 99.1. GEO also held a conference
call to discuss its financial results for the quarter, a transcript of which is incorporated herein
by reference and attached hereto as Exhibit 99.2.
In the Press Release, GEO provided certain pro forma financial information for the fourth
quarter and fiscal year ended January 1, 2006 that was not calculated in accordance with Generally
Accepted Accounting Principles (the “Non-GAAP Information”). The Press Release presents the
financial measure calculated and presented in accordance with GAAP which is most directly
comparable to the Non-GAAP Information with a prominence equal to or greater than its presentation
of the Non-GAAP Information. The Press Release also contains a reconciliation of the Non-GAAP
Information to the financial measure calculated and presented in accordance with GAAP which is most
directly comparable to the Non-GAAP Information.
GEO’s management believes that the presentation of the Non-GAAP Information provides useful
information to investors regarding GEO’s financial condition and results of operations for the
relevant periods because the Non-GAAP Information excludes certain items which are expected to be
non-recurring in nature. As a result, GEO’s management believes that the exclusion of these items
presents a more accurate measure of GEO’s underlying operating performance for the relevant periods
than the most directly comparable GAAP measure, therefore enabling investors to more usefully
evaluate GEO’s financial results on a period-to-period basis. GEO’s management also internally
used the Non-GAAP Information to evaluate GEO’s operating performance for the relevant periods.
The information in this Form 8-K is being furnished and shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to
the liabilities of that Section. The information in this Form 8-K shall not be incorporated by
reference into any registration statement or other document pursuant to the Securities Act of 1933,
as amended.
Section 9 — Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
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99.1 |
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Press Release, dated March 13, 2006, announcing the
financial results of The GEO Group, Inc. for the quarter ended
January 1,
2006 |
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99.2 |
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Transcript of Conference Call discussing the financial
results of The GEO Group, Inc. for the quarter ended March 13, 2006 |
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