Okay, I will summarize the main points and logic of the report, focusing on specific figures and percentages, and adhering to the specified output format. Financial Performance Highlights - Adjusted Diluted Earnings Per Share (EPS) for the three months ended September 30, 2019, was $0.47, compared to $0.36 in 2018[4] For the nine months ended September 30, 2019, it was $1.36, compared to $1.04 in 2018[4] - Normalized Funds From Operations (FFO) per share for the three months ended September 30, 2019, was $0.70, compared to $0.58 in 2018[4] For the nine months ended September 30, 2019, it was $2.03, compared to $1.67 in 2018[4] - Adjusted Funds From Operations (AFFO) per share for the three months ended September 30, 2019, was $0.70, compared to $0.54 in 2018[4] For the nine months ended September 30, 2019, it was $2.00, compared to $1.59 in 2018[4] - Total revenue for the three months ended September 30, 2019, was $508.522 million, compared to $462.728 million in 2018[7] For the nine months ended September 30, 2019, it was $1.482880 billion, compared to $1.353573 billion in 2018[7] - Net income for the three months ended September 30, 2019, was $48.994 million, compared to $40.994 million in 2018[7] For the nine months ended September 30, 2019, it was $146.912 million, compared to $117.968 million in 2018[7] Guidance Summary (Full Year 2019) - The company projects net income to be between $191.5 million and $196 million[5] - Adjusted net income is projected to be between $207.2 million and $211.7 million[5] - Funds From Operations (FFO) is expected to be between $303.1 million and $307.6 million[5] - Normalized Funds From Operations (FFO) is projected to be between $314.4 million and $318.9 million[5] - Adjusted Funds From Operations is expected to be between $308.4 million and $313.4 million[5] Debt and Capitalization - Total debt outstanding as of September 30, 2019, was $1.875422 billion[13] - The company had $585.695 million available under its revolving credit facility as of September 30, 2019[13] - The market value of common equity at the end of the period was $2.057979 billion[13] - The annualized dividend yield was 10.2%[13] Facility Portfolio and Occupancy - The average compensated occupancy for all facilities was 82.9% for the quarter ended September 30, 2019[14] - CoreCivic Safety Facilities had an average compensated occupancy of 83.4%[16] - CoreCivic Community Facilities had an average compensated occupancy of 76.3%[16] - Total design capacity for all facilities as of September 30, 2019, was 78,619[36] Contract Retention - The company's total contract retention rate was 92.5%[26] - The retention rate for owned and controlled contracts was 93.5%[26] - The retention rate for managed-only contracts was 85.7%[26]

Financial Data and Key Metrics Changes - Total revenue for Q3 2019 was $509 million, a 10% increase from the prior year, marking a record high for quarterly revenue in the company's history [13] - Normalized FFO was $0.70 per share, representing a 21% increase year-over-year, exceeding guidance by $0.08 [16] - AFFO also stood at $0.70 per share, a 30% increase from the previous year, and 9% above the high end of guidance [16] - Adjusted EBITDA for the quarter was $115.4 million, a 16% increase from the prior year, exceeding guidance by nearly $10 million [16][61] - Full-year 2019 normalized FFO guidance was updated to a range of $2.64 to $2.68, reflecting a 15% increase over 2018 [17] Business Segment Data and Key Metrics Changes - CoreCivic Safety segment reported revenue of $458 million, an 8% increase year-over-year, driven by new state and federal contracts [15] - CoreCivic Community segment experienced a 30% year-over-year revenue growth, attributed to recent acquisitions [14] - CoreCivic Property segment saw a 23% year-over-year revenue growth, bolstered by acquisitions including the SSA Baltimore property [14][22] Market Data and Key Metrics Changes - The company has been awarded or activated 11 new contracts since the start of 2018, totaling up to 12,000 beds across 8 facilities [18] - The occupancy rate increased from 80.8% in the prior year quarter to 82.9% in Q3 2019 [64] - The company has 6 idle facilities representing a total idle capacity of 7,482 beds, indicating potential for future contract wins [34] Company Strategy and Development Direction - The company is focused on expanding its market share in the Community segment and pursuing additional acquisitions [35][21] - CoreCivic is positioned to capitalize on new market opportunities, particularly in the Safety segment, with ongoing facility activations expected to contribute to future growth [25] - The company is exploring leasing idle facilities to states to address overcrowding and infrastructure challenges [45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued demand for their services, noting that no new capacity is being built in the country [94] - The company is monitoring the impact of California's AB32 legislation but believes federal contracts will remain unaffected due to the supremacy clause [49][92] - Management anticipates that the demand for their facilities will remain stable, with a projected population growth of 1% to 3% annually in most states [120] Other Important Information - The company has a strong balance sheet with total debt leverage declining to 3.5 times by Q3 2019 [52] - The quarterly dividend is well covered with an AFFO payout ratio of 66%, significantly below the average REIT payout ratio [55] - The company is actively engaged in discussions for potential new contracts and acquisitions, indicating a proactive approach to growth [77] Q&A Session Summary Question: Is there momentum in other states following California's AB32? - Management indicated no significant momentum in other states, citing the supremacy clause of the Constitution as a barrier to state laws interfering with federal functions [92][93] Question: How vulnerable is the company to sourcing populations from other states? - Management noted that there is no new capacity being built and that their facilities are critical to meeting government needs [94][95] Question: How is the company managing the tight labor market? - Management reported that they are holding their own in the labor market, with federal contracts allowing for wage increases to be reimbursed [97][99] Question: Can you clarify the implications of AB32 on federal contracts? - Management confirmed that federal contracts would continue due to the supremacy clause, allowing for ongoing operations at facilities like Otay Mesa [101][102] Question: What is the potential size of future state contracts? - Management mentioned potential contracts in Idaho and Alabama, with Alabama's opportunity estimated at around 10,000 beds [103][104] Question: Any updates on Puerto Rico? - Management stated they are in constant communication with the government of Puerto Rico, but conditions in facilities continue to worsen [106][107] Question: What could a change in administration mean for the business? - Management outlined that even in a worst-case scenario, the need for capacity remains, and alternatives to their facilities are limited, potentially leading to asset purchases or leases by the government [108][110]

[PART I – FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20%E2%80%93%20FINANCIAL%20INFORMATION) Presents CoreCivic's unaudited consolidated financial statements, management's analysis, market risk, and internal controls [ITEM 1. – FINANCIAL STATEMENTS.](index=3&type=section&id=ITEM%201.%20%E2%80%93%20FINANCIAL%20STATEMENTS.) Presents CoreCivic's unaudited consolidated financial statements, including balance sheets, operations, cash flows, equity, and detailed notes [Consolidated Balance Sheets](index=3&type=section&id=Consolidated%20Balance%20Sheets) This table provides a snapshot of CoreCivic's assets, liabilities, and equity as of September 30, 2019, and December 31, 2018 Consolidated Balance Sheet Highlights (Amounts in Thousands) | ASSETS/LIABILITIES & EQUITY | Sep 30, 2019 | Dec 31, 2018 | | :-------------------------- | :----------- | :----------- | | Cash and cash equivalents | $47,537 | $52,802 | | Total current assets | $380,645 | $373,525 | | Property and equipment, net | $2,836,841 | $2,830,589 | | Total assets | $3,748,845 | $3,655,660 | | Total current liabilities | $714,802 | $366,396 | | Long-term debt, net | $1,521,785 | $1,787,555 | | Total liabilities | $2,365,644 | $2,240,601 | | Total stockholders' equity | $1,383,201 | $1,415,059 | [Consolidated Statements of Operations](index=4&type=section&id=Consolidated%20Statements%20of%20Operations) This table details CoreCivic's revenues, operating income, net income, and earnings per share for the three and nine months ended September 30, 2019 and 2018 Consolidated Statements of Operations Highlights (Amounts in Thousands, Except Per Share) | Metric | 3 Months Ended Sep 30, 2019 | 3 Months Ended Sep 30, 2018 | 9 Months Ended Sep 30, 2019 | 9 Months Ended Sep 30, 2018 | | :---------------------- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | REVENUES | $508,522 | $462,728 | $1,482,880 | $1,353,573 | | OPERATING INCOME | $71,095 | $64,419 | $215,313 | $184,836 | | NET INCOME | $48,994 | $40,994 | $146,912 | $117,968 | | BASIC EARNINGS PER SHARE| $0.41 | $0.35 | $1.23 | $1.00 | | DILUTED EARNINGS PER SHARE| $0.41 | $0.34 | $1.23 | $0.99 | [Consolidated Statements of Cash Flows](index=5&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) This table summarizes CoreCivic's cash flows from operating, investing, and financing activities for the nine months ended September 30, 2019 and 2018 Consolidated Statements of Cash Flows Highlights (Amounts in Thousands) | Cash Flow Activity | 9 Months Ended Sep 30, 2019 | 9 Months Ended Sep 30, 2018 | | :-------------------------------------- | :-------------------------- | :-------------------------- | | Net cash provided by operating activities | $304,072 | $284,571 | | Net cash used in investing activities | $(198,054) | $(230,636) | | Net cash used in financing activities | $(107,077) | $(1,390) | | Net increase (decrease) in cash | $(1,059) | $52,545 | | Cash, cash equivalents and restricted cash, end of period | $73,078 | $104,728 | [Consolidated Statement of Stockholders' Equity (September 30, 2019)](index=6&type=section&id=Consolidated%20Statement%20of%20Stockholders'%20Equity%20(September%2030,%202019)) This table outlines changes in CoreCivic's stockholders' equity for the nine months ended September 30, 2019 Stockholders' Equity Changes (9 Months Ended Sep 30, 2019, Amounts in Thousands) | Item | Common Shares | Stock Par Value | Additional Paid-in Capital | Accumulated Deficit | Total Stockholders' Equity | | :-------------------------------------- | :------------ | :-------------- | :------------------------- | :------------------ | :------------------------- | | Balance as of Dec 31, 2018 | 118,674 | $1,187 | $1,807,202 | $(393,330) | $1,415,059 | | Net income | — | — | — | $49,340 | $49,340 | | Retirement of common stock | (143) | (1) | (3,069) | — | (3,070) | | Dividends declared | — | — | — | (52,994) | (52,994) | | Restricted stock compensation, net | — | — | 3,812 | — | 3,812 | | Cumulative effect of adoption of new accounting standard | — | — | — | (29,940) | (29,940) | | Balance as of Sep 30, 2019 | 119,096 | $1,191 | $1,817,258 | $(435,248) | $1,383,201 | [Consolidated Statement of Stockholders' Equity (September 30, 2018)](index=7&type=section&id=Consolidated%20Statement%20of%20Stockholders'%20Equity%20(September%2030,%202018)) This table outlines changes in CoreCivic's stockholders' equity for the nine months ended September 30, 2018 Stockholders' Equity Changes (9 Months Ended Sep 30, 2018, Amounts in Thousands) | Item | Common Shares | Stock Par Value | Additional Paid-in Capital | Accumulated Deficit | Total Stockholders' Equity | | :-------------------------------------- | :------------ | :-------------- | :------------------------- | :------------------ | :------------------------- | | Balance as of Dec 31, 2017 | 118,204 | $1,182 | $1,794,713 | $(344,287) | $1,451,608 | | Net income | — | — | — | $37,777 | $37,777 | | Retirement of common stock | (117) | (1) | (2,524) | — | (2,525) | | Dividends declared | — | — | — | (51,533) | (51,533) | | Restricted stock compensation, net | — | — | 3,486 | — | 3,486 | | Cumulative effect of adoption of new accounting standard | — | — | — | (2,575) | (2,575) | | Balance as of Sep 30, 2018 | 118,670 | $1,187 | $1,803,903 | $(383,015) | $1,422,075 | [Notes to Consolidated Financial Statements (Unaudited)](index=8&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements%20(Unaudited)) This section provides detailed explanations of CoreCivic's accounting policies, organization, and specific financial statement items [1. Organization and Operations](index=8&type=section&id=1.%20ORGANIZATION%20AND%20OPERATIONS) CoreCivic operates as a REIT through three segments: Safety, Community, and Properties, managing correctional and reentry facilities and government-leased real estate - CoreCivic is the nation's largest owner of partnership correctional, detention, and residential reentry facilities and one of the largest prison operators in the United States, also being the largest private owner of real estate used by U.S. government agencies[26](index=26&type=chunk) - The company operates through three segments: CoreCivic Safety (51 correctional/detention facilities, ~73,000 beds), CoreCivic Community (27 residential reentry centers, ~5,000 beds), and CoreCivic Properties (27 properties leased to third parties, 2.3 million sq ft)[26](index=26&type=chunk) - CoreCivic operates as a Real Estate Investment Trust (REIT) since January 1, 2013, conducting services through Taxable REIT Subsidiaries (TRSs) which are subject to corporate income tax and can retain income for reinvestment[28](index=28&type=chunk) [2. Basis of Presentation and Summary of Significant Accounting Policies](index=8&type=section&id=2.%20BASIS%20OF%20PRESENTATION%20AND%20SUMMARY%20

CoreCivic, Inc. (NYSE:CXW) Q2 2019 Results Conference Call August 6, 2019 11:00 AM ET Company Participants Cameron Hopewell - Managing Director, IR Damon Hininger - President and CEO David Garfinkle - CFO Conference Call Participants Operator Good morning. My name is Jonathan and I will be your conference operator. As a reminder, this call is being recorded. At this time, I’d like to welcome you to the CoreCivic’s Second Quarter 2019 Earnings Conference Call. All lines have been placed on mute to avoid any ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: JUNE 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of incorpora ...

The Company's supplemental financial information and other data presented herein speaks only as of the date or period indicated (or as of the date posted, as the case may be), and the Company does not undertake any obligation, and disclaims any duty, to update any of this information. The Company's future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the Company's future financial resu ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2019 was $484 million, an increase of nearly 10% compared to Q1 2018 [7] - Normalized FFO per share was $0.64, up 21% year-over-year [7] - Adjusted EBITDA for the quarter was $109.7 million, representing a 19% increase from the prior year [7] - Facility net operating income increased across all three business segments by $16.3 million or 13.4% [32] Business Segment Data and Key Metrics Changes - CoreCivic Safety segment revenue grew by 7% [7] - CoreCivic Community segment revenue increased by 23% [7] - CoreCivic Properties segment revenue saw substantial growth of 65% [7] - Occupancy in the Safety segment increased from 79.5% to 83% [32] - Net operating income in the Community segment increased despite a decline in occupancy from 81.4% to 78.4% [34] Market Data and Key Metrics Changes - Federal populations in the U.S. Marshals Service grew from approximately 52,000 to roughly 61,000 [13] - The Bureau of Prisons' populations have declined by roughly 39,000 inmates since their peak in 2013 [11] - ICE has experienced a consistent increase in average daily detainee populations since early 2018 [15] Company Strategy and Development Direction - CoreCivic is focusing on diversifying its portfolio to grow and stabilize cash flows, particularly in the Community and Property segments [8] - The company is pursuing M&A opportunities to expand its real estate assets and enhance service offerings [23] - CoreCivic is engaged in the procurement process with various states to address aging criminal justice infrastructure [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's pricing discipline and ability to meet government partners' needs despite challenges in the federal contracting environment [12] - The company anticipates continued demand for its services, particularly from federal partners, and expects to activate idle facilities if necessary [40][56] - Management provided an updated financial outlook, increasing the forecast for normalized FFO per share to a range of $2.47 to $2.53 for 2019 [24] Other Important Information - CoreCivic plans to release its first Environmental, Social, and Governance (ESG) report, highlighting its commitment to ethical operations and community engagement [44][45] - The company has made investments in workforce management to address labor market challenges [52] Q&A Session Summary Question: What are the highest probability new business opportunities that you may be able to close in 2019? - Management indicated potential new contracts with the U.S. Marshals and ICE, as well as opportunities in Alaska, Kansas, and Idaho [47] Question: Is the expense control and higher margins sustainable? - Management believes the current level of profitability is sustainable, citing investments in staff and operational efficiencies [51][52] Question: What are the assumptions for the California business and ICE detainee population levels for the balance of '19? - Management expects California's remaining inmates to exit by June 30, with federal populations potentially backfilling those vacancies faster than anticipated [55]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: MARCH 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of incorpor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Id ...

CoreCivic, Inc. (NYSE:CXW) Q4 2018 Earnings Conference Call February 20, 2019 11:00 AM ET Company Participants Cameron Hopewell - MD, IR Damon Hininger - President and CEO Dave Garfinkle - CFO Bryan Hammonds - VP, Finance Conference Call Participants Tobey Sommer - SunTrust Robinson Humphrey Kevin McClure - Wells Fargo Securities Operator Good day, and welcome to the CoreCivic Q4 2018 Earnings Conference Call. Today's conference is being recorded. [Operator Instructions] And I now like to turn the conferenc ...