XML 67 R36.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Summary of Lease Costs | The components of lease costs for the years ended December 31, 2020 and December 31, 2019 are as follows (in thousands):
|  | 2020 |  |  | 2019 |
Operating lease cost |  | $ | 66,159 |  |  | $ | 70,112 |
Short-term lease cost |  |  | 15,624 |  |  |  | 11,988 |
Amortization of right-of-use assets |  |  | 1,496 |  |  |  | 746 |
Interest on lease liabilities |  |  | 146 |  |  |  | 77 |
Sublease income |  |  | (3,731 | ) |  |  | (3,620 | )
Total lease cost |  | $ | 79,694 |  |  | $ | 79,303 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the years ended December 31, 2020 and December 31, 2019 is as follows (in thousands):
|  | 2020 |  |  | 2019 |
Operating cash flows for operating leases |  | $ | 62,117 |  |  | $ | 62,714 |
Operating cash flows for financing activities |  |  | 147 |  |  |  | 77 |
Financing cash flows from finance leases |  |  | 1,551 |  |  |  | 863 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 23,949 |  |  |  | 299,503 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | 1,018 |  |  | $ | 3,124 |
Schedule of Supplemental Balance Sheet and Other Information Related to Leases | Supplemental balance sheet and other information related to leases as of December 31, 2020 and December 31, 2019 is as follows (in thousands):
|  | 2020 |  |  | 2019 |
Operating Leases: |  |  |  |  |  |  |  |
Right-of-use assets |  | $ | 210,398 |  |  | $ | 233,415 |
Lease liabilities: |  |  |  |  |  |  |  |
Current |  | $ | 54,133 |  |  | $ | 49,994 |
Long-term |  |  | 182,467 |  |  |  | 203,624 |
Total operating lease liabilities |  | $ | 236,600 |  |  | $ | 253,618 |
Finance Leases: |  |  |  |  |  |  |  |
Other noncurrent assets |  | $ | 3,363 |  |  | $ | 2,377 |
Accrued expenses and other current liabilities |  | $ | 1,461 |  |  | $ | 1,075 |
Other long-term liabilities |  | $ | 1,733 |  |  | $ | 1,202 |
Weighted Average Remaining Lease Term: |  |  |  |  |  |  |  |
Operating leases |  | 5 years |  |  | 6 years |
Finance leases |  | 3 years |  |  | 3 years |
Weighted Average Discount Rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 3.7 | % |  |  | 4.0 | %
Finance leases |  |  | 3.8 | % |  |  | 4.5 | %
Schedule of Maturity Analysis of Future Undiscounted Cash Flows | A maturity analysis of the future undiscounted cash flows associated with the Company’s operating and finance lease liabilities as of December 31, 2020 is as follows (in thousands):
|  | Operating Leases |  |  | Finance Leases |
2021 |  | $ | 61,477 |  |  | $ | 1,547 |
2022 |  |  | 55,669 |  |  |  | 992 |
2023 |  |  | 48,211 |  |  |  | 533 |
2024 |  |  | 38,034 |  |  |  | 185 |
2025 |  |  | 27,756 |  |  |  | 74 |
Thereafter |  |  | 29,674 |  |  |  | - |
Total lease payments |  |  | 260,821 |  |  |  | 3,331 |
Less: imputed interest |  |  | (24,221 | ) |  |  | (137 | )
Total present value of lease liabilities |  | $ | 236,600 |  |  | $ | 3,194 |

X
- Definition Schedule of balance sheet information related to leases. + References No definition available. + Details
Name: | psn_ScheduleOfBalanceSheetInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | psn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of cash flow information related to leases. + References No definition available. + Details
Name: | psn_ScheduleOfCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | psn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of maturities of operating and finance lease liabilities. + References No definition available. + Details
Name: | psn_ScheduleOfMaturitiesOfOperatingAndFinanceLeaseLiabilitiesTableTextBlock
Namespace Prefix: | psn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration