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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares Used To Compute Basic and Diluted EPS

The weighted average number of shares used to compute basic and diluted EPS were:

		Three Months Ended								Nine Months Ended
		September 30, 2021				September 30, 2020				September 30, 2021				September 30, 2020
Basic weighted average number of shares outstanding			102,478,095				100,736,862				102,463,511				100,700,498
Stock-based awards			751,807				378,486				637,686				321,070
Convertible senior notes			8,916,530				4,458,265				8,916,530				-
Diluted weighted average number of shares outstanding			112,146,432				105,573,613				112,017,727				101,021,568

Net Income Available to Shareholders to Compute Basic and Diluted EPS

The net income available to shareholders to compute basic and diluted EPS were (in thousands):

		Three Months Ended								Nine Months Ended
		September 30, 2021				September 30, 2020				September 30, 2021				September 30, 2020
Net income attributable to Parsons Corporation			19,358				40,658				35,099				76,930
Convertible senior notes if-converted method interest adjustment			534				1,164				1,593				-
Diluted net income attributable to Parsons Corporation			19,892				41,822				36,692				76,930

Schedule of Repurchase Program

The table below presents information on this repurchase program:

		Nine Months Ended
		September 30, 2021
Total shares repurchased			245,000
Total shares retired			245,000
Average price paid per share		$	35.51

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Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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