Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands |
Total |
Common Stock |
Treasury Stock |
Additional Paid-in Capital |
Retained Earnings |
Accumulated Other Comprehensive Income (Loss) |
Total Parsons Equity |
Noncontrolling Interest |
---|---|---|---|---|---|---|---|---|
Beginning balance at Dec. 31, 2023 | $ 2,376,715 | $ 146,341 | $ (827,311) | $ 2,779,365 | $ 203,724 | $ (14,908) | $ 2,287,211 | $ 89,504 |
Comprehensive income | ||||||||
Net income | 135,712 | 108,922 | 108,922 | 26,790 | ||||
Foreign currency translation gain (loss), net | (4,172) | (4,184) | (4,184) | 12 | ||||
Pension adjustments, net | (47) | (47) | (47) | |||||
Contributions By Noncontrolling Interests | 77 | 77 | ||||||
Distributions to noncontrolling interests | (15,249) | (15,249) | ||||||
Capped call transactions | (66,121) | (66,121) | (66,121) | |||||
Repurchase of warrants | (104,952) | (104,952) | (104,952) | |||||
Bond hedge termination | 149,308 | 149,308 | 149,308 | |||||
Convertible debt inducement | (147,105) | (147,105) | (147,105) | |||||
Issuance of equity securities, net of retirement | (15,197) | 487 | (5,678) | (10,006) | (15,197) | |||
Repurchases of common stock | (10,000) | (131) | (9,869) | (10,000) | ||||
Stock-based compensation | 20,675 | 20,675 | 20,675 | |||||
Ending Balance at Jun. 30, 2024 | 2,319,644 | 146,697 | (827,311) | 2,615,623 | 302,640 | (19,139) | 2,218,510 | 101,134 |
Beginning balance at Mar. 31, 2024 | 2,243,157 | 146,717 | (827,311) | 2,612,762 | 234,366 | (16,866) | 2,149,668 | 93,489 |
Comprehensive income | ||||||||
Net income | 80,719 | 69,172 | 69,172 | 11,547 | ||||
Foreign currency translation gain (loss), net | (2,245) | (2,257) | (2,257) | 12 | ||||
Pension adjustments, net | (16) | (16) | (16) | |||||
Contributions By Noncontrolling Interests | 77 | 77 | ||||||
Distributions to noncontrolling interests | (3,991) | (3,991) | ||||||
Issuance of equity securities, net of retirement | 1,791 | 111 | 2,578 | (898) | 1,791 | |||
Repurchases of common stock | (10,000) | (131) | (9,869) | (10,000) | ||||
Stock-based compensation | 10,152 | 10,152 | 10,152 | |||||
Ending Balance at Jun. 30, 2024 | 2,319,644 | 146,697 | (827,311) | 2,615,623 | 302,640 | (19,139) | 2,218,510 | 101,134 |
Beginning balance at Dec. 31, 2024 | 2,534,489 | 146,655 | (815,282) | 2,684,829 | 426,781 | (26,594) | 2,416,389 | 118,100 |
Comprehensive income | ||||||||
Net income | 152,276 | 121,433 | 121,433 | 30,843 | ||||
Foreign currency translation gain (loss), net | 8,468 | 8,458 | 8,458 | 10 | ||||
Pension adjustments, net | 69 | 69 | 69 | |||||
Contributions By Noncontrolling Interests | 1,841 | 1,841 | ||||||
Distributions to noncontrolling interests | (45,054) | (45,054) | ||||||
Issuance of equity securities, net of retirement | (13,409) | 664 | (7,824) | (6,249) | (13,409) | |||
Repurchases of common stock | (39,995) | (643) | (39,352) | (39,995) | ||||
Stock-based compensation | 22,926 | 22,926 | 22,926 | |||||
Ending Balance at Jun. 30, 2025 | 2,621,611 | 146,676 | (815,282) | 2,660,579 | 541,965 | (18,067) | 2,515,871 | 105,740 |
Beginning balance at Mar. 31, 2025 | 2,545,732 | 146,704 | (815,282) | 2,660,487 | 487,625 | (25,740) | 2,453,794 | 91,938 |
Comprehensive income | ||||||||
Net income | 70,489 | 55,230 | 55,230 | 15,259 | ||||
Foreign currency translation gain (loss), net | 7,619 | 7,611 | 7,611 | 8 | ||||
Pension adjustments, net | 62 | 62 | 62 | |||||
Contributions By Noncontrolling Interests | 1,581 | 1,581 | ||||||
Distributions to noncontrolling interests | (3,046) | (3,046) | ||||||
Issuance of equity securities, net of retirement | 2,226 | 191 | 2,925 | (890) | 2,226 | |||
Repurchases of common stock | (15,000) | (219) | (14,781) | (15,000) | ||||
Stock-based compensation | 11,948 | 11,948 | 11,948 | |||||
Ending Balance at Jun. 30, 2025 | $ 2,621,611 | $ 146,676 | $ (815,282) | $ 2,660,579 | $ 541,965 | $ (18,067) | $ 2,515,871 | $ 105,740 |
X | ||||||||||
- Definition Adjustments to additional paid in capital bond hedge termination. No definition available.
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- Definition Adjustments to additional paid in capital repurchases of common stock. No definition available.
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- Definition Adjustments to warrant repurchased. No definition available.
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- Definition Issuance of equity securities, net of retirement. No definition available.
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- Definition Minority interest increase (decrease) from contributions to noncontrolling interest holders. No definition available.
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- Definition Payments for capped call option. No definition available.
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- Definition Adjustment to additional paid in capital resulting from the recognition of convertible debt instruments as two separate components - a debt component and an equity component. This bifurcation may result in a basis difference associated with the liability component that represents a temporary difference for purposes of applying accounting for income taxes. The initial recognition of deferred taxes for the tax effect of that temporary difference is as an adjustment to additional paid in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of equity (deficit) attributable to parent and noncontrolling interest. Excludes temporary equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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