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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2025 and June 30, 2024 (in thousands):

		Three Months Ended								Six Months Ended
		June 30, 2025				June 30, 2024				June 30, 2025				June 30, 2024
Numerator for Basic and Diluted EPS:
Net income attributable to Parsons Corporation - basic		$	55,230			$	69,172			$	121,433			$	108,922
Convertible senior notes if-converted method interest adjustment			54				54				108				2,820
Net income attributable to Parsons Corporation - diluted		$	55,284			$	69,226			$	121,541			$	111,742
Denominator for Basic and Diluted EPS:
Basic weighted average number of shares outstanding			106,997				106,303				106,914				106,170
Dilutive effect of stock-based awards			1,205				1,233				1,414				1,353
Dilutive effect of warrants			7				415				223				218
Dilutive effect of convertible senior notes due 2025			1,893				2,573				2,006				4,688
Diluted weighted average number of shares outstanding			110,102				110,524				110,557				112,429
Earnings per share:
Basic		$	0.52			$	0.65			$	1.14			$	1.03
Diluted		$	0.50			$	0.63			$	1.10			$	0.99

Schedule of Repurchase Program

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

		Three Months Ended								Six Months Ended
		June 30, 2025				June 30, 2024				June 30, 2025				June 30, 2024
Total shares repurchased			218,785				131,053				642,765				131,053
Total shares retired			218,785				131,053				642,765				131,053
Average price paid per share (1)		$	68.56			$	76.30			$	62.22			$	76.30

1 Includes commissions in the calculation of average price per share

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-Publisher FASB
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