The GEO Group Inc was founded in 1984 as a division of The Wackenhut Corporation, or TWC, and was incorporated in the State of Florida in 1988. The Company is a provider of government-outsourced services specializing in the management of correctional, detention and mental health facilities in the United States, Australia, South Africa, the United Kingdom and Canada. It operates a range of correctional and detention facilities including maximum, medium and minimum-security prisons, immigration detention centers, minimum-security detention centers and mental health facilities. The Company also provides transportation services for offender and detainee populations as contracted. It's correctional and detention management services involve the provision of security, administrative, rehabilitation, education, health and food services, mainly at adult male correctional and detention facilities. The Company also develops new facilities based on contract awards, using its project development expertise and experience to design, construct and finance. As of December 31, 2013, its worldwide operations include the management and/or ownership of approximately 77,000 beds at 98 correctional, detention and residential treatment, youth services and community-based facilities including idle facilities, and also include 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 Company conducts its business through four segments: U.S. Corrections & Detention segment; GEO Community Services segment; International Services segment and Facility Construction & Design segment. U.S. Corrections & Detention segment encompasses U.S.-based privatized corrections and detention business. GEO Community Services segment, which conducts its services in the U.S., consists of community based services business, youth services business and electronic monitoring and supervision service. International Services segment consists of privatized corrections and detention operations in South Africa, Australia, the United Kingdom and Canada. Facility Construction & Design segment contracts with various states, local and federal agencies for the design and construction of facilities for which it generally has been, or expect to be, awarded management contracts. The Company competes directly with the public sector, where governmental agencies responsible for the operation of correctional, detention, youth services, community based services and re-entry facilities are often seeking to retain projects that might otherwise be privatized.