v3.25.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Parsons Equity
Noncontrolling Interests
Beginning balance at Dec. 31, 2022 $ 2,095,935 $ 146,132 $ (844,936) $ 2,717,134 $ 43,089 $ (17,849) $ 2,043,570 $ 52,365
Comprehensive income                
Net income 207,915       161,149   161,149 46,766
Foreign currency translation gain (loss), net 2,375         2,373 2,373 2
Pension adjustments, net 568         568 568  
Contributions of treasury stock to ESOP 57,429   17,625 39,804     57,429  
Contributions 2,867             2,867
Distributions (12,496)             (12,496)
Issuance of equity securities, net of retirement (1,243) 442   (1,171) (514)   (1,243)  
Repurchase of common stock (11,000) (233)   (10,767)     (11,000)  
Stock-based compensation 34,365     34,365     34,365  
Ending 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 290,665       235,053   235,053 55,612
Foreign currency translation gain (loss), net (11,546)         (11,555) (11,555) 9
Pension adjustments, net (131)         (131) (131)  
Contributions of treasury stock to ESOP 58,228   12,029 46,199     58,228  
Contributions 2,174             2,174
Distributions (29,199)             (29,199)
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 (14,630) 601   (3,235) (11,996)   (14,630)  
Repurchase of common stock (24,999) (287)   (24,712)     (24,999)  
Stock-based compensation 56,082     56,082     56,082  
Ending 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 308,864       241,139   241,139 67,725
Foreign currency translation gain (loss), net 6,884         6,878 6,878 6
Pension adjustments, net (1,205)         (1,205) (1,205)  
Contributions of treasury stock to ESOP 72,100   22,644 49,456     72,100  
Contributions 3,094             3,094
Distributions (63,273)             (63,273)
Repurchase of warrants   62   (62)        
Issuance of equity securities, net of retirement (11,495) 781   (5,529) (6,747)   (11,495)  
Repurchase of common stock (124,993) (1,822)   (123,171)     (124,993)  
Stock-based compensation 43,207     43,207     43,207  
Ending Balance at Dec. 31, 2025 $ 2,767,672 $ 145,676 $ (792,638) $ 2,648,730 $ 661,173 $ (20,921) $ 2,642,020 $ 125,652