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Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Parsons Equity
Noncontrolling Interest
Beginning balance at Dec. 31, 2021 $ 1,937,112 $ 146,277 $ (867,391) $ 2,684,979 $ (53,529) $ (9,568) $ 1,900,768 $ 36,344
Comprehensive income                
Net income 46,623       38,962   38,962 7,661
Foreign currency translation gain (loss), net (2,509)         (2,507) (2,507) (2)
Pension adjustments, net (25)         (25) (25)  
Contributions 2,827             2,827
Distributions (10,344)             (10,344)
Issuance of equity securities, net of retirements (1,827) 324   (2,153) 2   (1,827)  
Repurchases of common stock (15,548) (427)   (15,121)     (15,548)  
Stock-based compensation 8,358     8,358     8,358  
Ending Balance at Jun. 30, 2022 1,964,667 146,174 (867,391) 2,676,063 (14,565) (12,100) 1,928,181 36,486
Beginning balance at Mar. 31, 2022 1,950,625 146,348 (867,391) 2,678,761 (32,858) (6,673) 1,918,187 32,438
Comprehensive income                
Net income 22,780       18,295   18,295 4,485
Foreign currency translation gain (loss), net (5,383)         (5,380) (5,380) (3)
Pension adjustments, net (47)         (47) (47)  
Contributions 1,601             1,601
Distributions (2,035)             (2,035)
Issuance of equity securities, net of retirements 2,666 102   2,566 (2)   2,666  
Repurchases of common stock (10,000) (276)   (9,724)     (10,000)  
Stock-based compensation 4,460     4,460     4,460  
Ending Balance at Jun. 30, 2022 1,964,667 146,174 (867,391) 2,676,063 (14,565) (12,100) 1,928,181 36,486
Beginning balance at Dec. 31, 2022 2,095,935 146,132 (844,936) 2,717,134 43,089 (17,849) 2,043,570 52,365
Comprehensive income                
Net income 90,047       68,794   68,794 21,253
Foreign currency translation gain (loss), net 2,975         2,972 2,972 3
Pension adjustments, net 17         17 17  
Contributions 200             200
Distributions (2,487)             (2,487)
Issuance of equity securities, net of retirements (3,900) 365   (3,895) (370)   (3,900)  
Repurchases of common stock (8,000) (185)   (7,815)     (8,000)  
Stock-based compensation 15,978     15,978     15,978  
Ending Balance at Jun. 30, 2023 2,190,766 146,312 (844,936) 2,721,402 111,513 (14,860) 2,119,431 71,335
Beginning balance at Mar. 31, 2023 2,125,530 146,244 (844,936) 2,712,167 68,429 (18,025) 2,063,879 61,651
Comprehensive income                
Net income 54,771       43,241   43,241 11,530
Foreign currency translation gain (loss), net 3,152         3,149 3,149 3
Pension adjustments, net 16         16 16  
Distributions (1,849)             (1,849)
Issuance of equity securities, net of retirements 2,160 114   2,203 (157)   2,160  
Repurchases of common stock (2,000) (46)   (1,954)     (2,000)  
Stock-based compensation 8,986     8,986     8,986  
Ending Balance at Jun. 30, 2023 $ 2,190,766 $ 146,312 $ (844,936) $ 2,721,402 $ 111,513 $ (14,860) $ 2,119,431 $ 71,335