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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Denominator and Numerator used to Compute Basic and Diluted EPS

The following tables reconcile the denominator and numerator used to compute basic EPS to the denominator and numerator used to compute diluted EPS for the three months ended March 31, 2025 and March 31, 2024 (in thousands):

		Three Months Ended
		March 31, 2025				March 31, 2024
Numerator for Basic and Diluted EPS:
Net income attributable to Parsons Corporation - basic		$	66,203			$	39,750
Convertible senior notes if-converted method interest adjustment			54				2,766
Net income attributable to Parsons Corporation - diluted		$	66,257			$	42,516
Denominator for Basic and Diluted EPS:
Basic weighted average number of shares outstanding			106,831				106,037
Dilutive effect of stock-based awards			1,637				1,502
Dilutive effect of warrants			440				21
Dilutive effect of convertible senior notes due 2025			2,118				6,802
Diluted weighted average number of shares outstanding			111,026				114,362
Earnings per share:
Basic		$	0.62			$	0.37
Diluted		$	0.60			$	0.37

Schedule of Repurchase Program

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

		Three Months Ended
		March 31, 2025				March 31, 2024
Total shares repurchased			423,980				-
Total shares retired			423,980				-
Average price paid per share (1)		$	58.95			$	-

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

+ References

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-Name Accounting Standards Codification
-Topic 505
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