XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Revenue $ 874,697 $ 970,993
Direct cost of contracts 669,082 769,632
Equity in earnings of unconsolidated joint ventures 7,530 6,114
Selling, general and administrative expenses 187,522 183,774
Operating income 25,623 23,701
Interest income 98 228
Interest expense (4,541) (4,022)
Other income (expense), net (1,791) (452)
Total other income (expense) (6,234) (4,246)
Income before income tax expense 19,389 19,455
Income tax expense (5,375) (5,084)
Net income including noncontrolling interests 14,014 14,371
Net income attributable to noncontrolling interests (4,975) (1,398)
Net income attributable to Parsons Corporation $ 9,039 $ 12,973
Earnings per share:    
Basic $ 0.09 $ 0.13
Diluted $ 0.09 $ 0.13