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Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 1,810,116 $ 1,418,571 $ 5,016,259 $ 3,948,523
Direct cost of contracts 1,449,831 1,124,305 3,979,589 3,109,713
Equity in (losses) earnings of unconsolidated joint ventures 872 10,262 (18,025) 4,497
Selling, general and administrative expenses 246,169 221,188 690,391 632,393
Operating income 114,988 83,340 328,254 210,914
Interest income 4,232 492 9,209 1,591
Interest expense (13,034) (8,612) (39,040) (22,369)
Loss on extinguishment of debt 0 0 (211,018) 0
Other income (expense), net 1,921 (191) (510) 1,666
Total other income (expense) (6,881) (8,311) (241,359) (19,112)
Income before income tax expense 108,107 75,029 86,895 191,802
Income tax expense (22,518) (15,218) (12,699) (41,944)
Net (loss) income including noncontrolling interests 85,589 59,811 74,196 149,858
Net income attributable to noncontrolling interests (13,638) (12,364) (40,428) (33,617)
Net (loss) income attributable to Parsons Corporation $ 71,951 $ 47,447 $ 33,768 $ 116,241
Earnings per share:        
Basic $ 0.68 $ 0.45 $ 0.32 $ 1.11
Diluted $ 0.65 $ 0.42 $ 0.31 $ 1.03