XML 97 R83.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information - Summary of Adjusted EBITDA Business Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Adjusted EBITDA attributable to Parsons Corporation        
Adjusted EBITDA attributable to Parsons Corporation $ 115,227 $ 88,549 $ 302,308 $ 232,307
Adjusted EBITDA attributable to noncontrolling interests 12,606 14,138 34,222 22,042
Depreciation and amortization (30,154) (29,578) (87,202) (90,668)
Interest expense, net (8,120) (5,941) (20,778) (14,168)
Income tax expense (15,218) (13,792) (41,944) (27,643)
Equity-based compensation expense (9,075) (7,125) (25,092) (15,814)
Transaction-related costs (5,493) (2,563) (9,028) (14,486)
Restructuring expense     (546) (213)
Other 38 (93) (2,082) (1,139)
Net income including noncontrolling interests 59,811 43,595 149,858 90,218
Net income attributable to noncontrolling interests 12,364 14,024 33,617 21,685
Net income attributable to Parsons Corporation 47,447 29,571 116,241 68,533
Federal Solution Segment        
Adjusted EBITDA attributable to Parsons Corporation        
Adjusted EBITDA attributable to Parsons Corporation 65,039 61,004 206,827 151,287
Critical Infrastructure        
Adjusted EBITDA attributable to Parsons Corporation        
Adjusted EBITDA attributable to Parsons Corporation $ 50,188 $ 27,545 $ 95,481 $ 81,020