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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2022
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 (in thousands):

 

 

2022

 

 

2021

 

 

2020

 

Basic weighted average number of shares outstanding

 

 

103,758

 

 

 

102,544

 

 

 

100,848

 

Stock-based awards

 

 

808

 

 

 

666

 

 

 

357

 

Convertible senior notes

 

 

8,917

 

 

 

8,917

 

 

 

-

 

Diluted weighted average number of shares outstanding

 

 

113,483

 

 

 

112,127

 

 

 

101,205

 

 

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):

 

 

 

2022

 

 

2021

 

 

2020

 

Net income attributable to Parsons Corporation

 

 

96,664

 

 

 

64,072

 

 

 

98,541

 

Convertible senior notes if-converted method interest adjustment

 

 

2,176

 

 

 

2,130

 

 

 

-

 

Diluted net income attributable to Parsons Corporation

 

 

98,840

 

 

 

66,202

 

 

 

98,541

 

 

Schedule of Repurchase Program

 

The following table summarizes the repurchase activity under the stock repurchase program.

 

 

 

2022

 

 

2021

 

Total shares repurchased

 

 

574,933

 

 

 

618,533

 

Total shares retired

 

 

574,933

 

 

 

618,533

 

Average price paid per share

 

$

38.27

 

 

$

35.08