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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 Other Comprehensive Income (Loss)
Total Parsons Equity
Noncontrolling Interest
Beginning balance at Dec. 31, 2023 $ 2,376,715 $ 146,341 $ (827,311) $ 2,779,365 $ 203,724 $ (14,908) $ 2,287,211 $ 89,504
Comprehensive income                
Net income 54,993       39,750   39,750 15,243
Foreign currency translation gain (loss), net (1,927)         (1,927) (1,927)  
Pension adjustments, net (31)         (31) (31)  
Distributions to noncontrolling interests (11,258)             (11,258)
Repurchase of warrants (104,952)     (104,952)     (104,952)  
Bond hedge termination 149,308     149,308     149,308  
Capped call transactions (66,121)     (66,121)     (66,121)  
Convertible debt inducement (147,105)     (147,105)     (147,105)  
Issuance of equity securities, net of retirement (16,988) 376   (8,256) (9,108)   (16,988)  
Stock-based compensation 10,523     10,523     10,523  
Ending Balance at Mar. 31, 2024 2,243,157 146,717 (827,311) 2,612,762 234,366 (16,866) 2,149,668 93,489
Beginning balance at Dec. 31, 2024 2,534,489 146,655 (815,282) 2,684,829 426,781 (26,594) 2,416,389 118,100
Comprehensive income                
Net income 81,787       66,203   66,203 15,584
Foreign currency translation gain (loss), net 850         847 847 3
Pension adjustments, net 7         7 7  
Contributions 260             260
Distributions to noncontrolling interests (42,009)             (42,009)
Issuance of equity securities, net of retirement (15,636) 473   (10,750) (5,359)   (15,636)  
Repurchases of common stock (24,995) (424)   (24,571)     (24,995)  
Stock-based compensation 10,979     10,979     10,979  
Ending Balance at Mar. 31, 2025 $ 2,545,732 $ 146,704 $ (815,282) $ 2,660,487 $ 487,625 $ (25,740) $ 2,453,794 $ 91,938