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Consolidated Statements of Shareholder's Equity (Unaudited) - USD ($)
$ in Thousands
Total
Revision of Prior Period, Accounting Standards Update, Adjustment
Common Stock
Treasury Stock
Additional Paid-in Capital
Additional Paid-in Capital
Revision of Prior Period, Accounting Standards Update, Adjustment
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Revision of Prior Period, Accounting Standards Update, Adjustment
Accumulated Other Comprehensive Income (Loss)
Total Parsons Equity
Total Parsons Equity
Revision of Prior Period, Accounting Standards Update, Adjustment
Noncontrolling Interest
Beginning balance at Dec. 31, 2019 $ 1,660,756   $ 146,441 $ (934,240) $ 2,649,975   $ (218,025)   $ (14,261) $ 1,629,890   $ 30,866
Beginning balance (ASU 2016-13) at Dec. 31, 2019   $ (1,000)           $ (1,000)     $ (1,000)  
Comprehensive income                        
Net income 92,016           76,930     76,930   15,086
Foreign currency translation gain (loss), net (3,770)               (3,770) (3,770)    
Pension adjustments, net (18)               (18) (18)    
Contributions 491                     491
Distributions (4,469)                     (4,469)
Issuance of equity securities, net of retirements 1,672   57   1,615         1,672    
Equity component value of convertible note issuance 53,552       53,552         53,552    
Purchase of convertible note hedge (54,611)       (54,611)         (54,611)    
Sale of common stock warrants 13,808       13,808         13,808    
Stock-based compensation 11,044       11,044         11,044    
Ending Balance at Sep. 30, 2020 1,769,471   146,498 (934,240) 2,675,383   (142,095)   (18,049) 1,727,497   41,974
Beginning balance at Jun. 30, 2020 1,706,252   146,496 (934,240) 2,658,036   (182,753)   (19,991) 1,667,548   38,704
Comprehensive income                        
Net income 46,520           40,658     40,658   5,862
Foreign currency translation gain (loss), net 1,926               1,922 1,922   4
Pension adjustments, net 20               20 20    
Contributions 268                     268
Distributions (2,864)                     (2,864)
Issuance of equity securities, net of retirements (12)   2   (14)         (12)    
Equity component value of convertible note issuance 53,552       53,552         53,552    
Purchase of convertible note hedge (54,611)       (54,611)         (54,611)    
Sale of common stock warrants 13,808       13,808         13,808    
Stock-based compensation 4,612       4,612         4,612    
Ending Balance at Sep. 30, 2020 1,769,471   146,498 (934,240) 2,675,383   (142,095)   (18,049) 1,727,497   41,974
Beginning balance at Dec. 31, 2020 1,861,417   146,609 (899,328) 2,700,925   (120,569)   (13,865) 1,813,772   47,645
Beginning balance (ASU 2020-06) at Dec. 31, 2020   $ (37,220)       $ (40,002)   $ 2,782     $ (37,220)  
Comprehensive income                        
Net income 52,810           35,099     35,099   17,711
Foreign currency translation gain (loss), net 3,721               3,721 3,721    
Pension adjustments, net 12               12 12    
Contributions 1,688                     1,688
Distributions (37,246)                     (37,246)
Issuance of equity securities, net of retirements 1,851   143   1,681   27     1,851    
Repurchases of common stock (8,701)   (245)   (8,456)         (8,701)    
Stock-based compensation 15,544       15,544         15,544    
Ending Balance at Sep. 30, 2021 1,853,876   146,507 (899,328) 2,669,692   (82,661)   (10,132) 1,824,078   29,798
Beginning balance at Jun. 30, 2021 1,850,450   146,752 (899,328) 2,673,965   (102,019)   (5,905) 1,813,465   36,985
Comprehensive income                        
Net income 26,769           19,358     19,358   7,411
Foreign currency translation gain (loss), net (4,205)               (4,201) (4,201)   (4)
Pension adjustments, net (26)               (26) (26)    
Contributions 816                     816
Distributions (15,410)                     (15,410)
Repurchases of common stock (8,701)   (245)   (8,456)         (8,701)    
Stock-based compensation 4,183       4,183         4,183    
Ending Balance at Sep. 30, 2021 $ 1,853,876   $ 146,507 $ (899,328) $ 2,669,692   $ (82,661)   $ (10,132) $ 1,824,078   $ 29,798