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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
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, 2023 |  |  | September 30, 2022 |  |  | September 30, 2023 |  |  | September 30, 2022 |
Basic weighted average number of shares outstanding |  |  | 104,970,645 |  |  |  | 103,608,135 |  |  |  | 104,894,448 |  |  |  | 103,684,048 |
Stock-based awards |  |  | 1,177,894 |  |  |  | 918,090 |  |  |  | 1,020,082 |  |  |  | 746,702 |
Convertible senior notes |  |  | 8,916,530 |  |  |  | 8,916,530 |  |  |  | 8,916,530 |  |  |  | 8,916,530 |
Diluted weighted average number of shares outstanding |  |  | 115,065,069 |  |  |  | 113,442,755 |  |  |  | 114,831,060 |  |  |  | 113,347,280 |
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, 2023 |  |  | September 30, 2022 |  |  | September 30, 2023 |  |  | September 30, 2022 |
Net income attributable to Parsons Corporation |  | $ | 47,447 |  |  | $ | 29,571 |  |  |  | 116,241 |  |  |  | 68,533 |
Convertible senior notes if-converted method interest adjustment |  |  | 559 |  |  |  | 545 |  |  |  | 1,665 |  |  |  | 1,627 |
Diluted net income attributable to Parsons Corporation |  | $ | 48,006 |  |  | $ | 30,116 |  |  |  | 117,906 |  |  |  | 70,160 |
Schedule of Repurchase Program | The table below presents information on this repurchase program:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2023 |  |  | September 30, 2022 |  |  | September 30, 2023 |  |  | September 30, 2022 |
Total shares repurchased |  |  | - |  |  |  | 95,413 |  |  |  | 185,475 |  |  |  | 522,501 |
Total shares retired |  |  | - |  |  |  | 95,413 |  |  |  | 185,475 |  |  |  | 522,501 |
Average price paid per share |  | $ | - |  |  | $ | 41.42 |  |  | $ | 43.13 |  |  | $ | 37.32 |

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