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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 221,301       180,873   180,873 40,428
Foreign currency translation gain (loss), net (1,195)         (1,210) (1,210) 15
Pension adjustments, net (24)         (24) (24)  
Contributions By Noncontrolling Interests 1,038             1,038
Distributions to noncontrolling interests (29,006)             (29,006)
Capped call transactions (66,121)     (66,121)     (66,121)  
Repurchase of warrants (104,952)     (104,952)     (104,952)  
Bond hedge termination 149,308     149,308     149,308  
Convertible debt inducement (147,105)     (147,105)     (147,105)  
Issuance of equity securities, net of retirement (15,488) 493   (5,823) (10,158)   (15,488)  
Repurchases of common stock (10,000) (131)   (9,869)     (10,000)  
Stock-based compensation 39,960     39,960     39,960  
Ending Balance at Sep. 30, 2024 2,414,431 146,703 (827,311) 2,634,763 374,439 (16,142) 2,312,452 101,979
Beginning balance at Jun. 30, 2024 2,319,644 146,697 (827,311) 2,615,623 302,640 (19,139) 2,218,510 101,134
Comprehensive income                
Net income 85,589       71,951   71,951 13,638
Foreign currency translation gain (loss), net 2,977         2,974 2,974 3
Pension adjustments, net 23         23 23  
Contributions By Noncontrolling Interests 961             961
Distributions to noncontrolling interests (13,757)             (13,757)
Issuance of equity securities, net of retirement (291) 6   (145) (152)   (291)  
Stock-based compensation 19,285     19,285     19,285  
Ending Balance at Sep. 30, 2024 2,414,431 146,703 (827,311) 2,634,763 374,439 (16,142) 2,312,452 101,979
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 234,070       185,556   185,556 48,514
Foreign currency translation gain (loss), net 3,522         3,518 3,518 4
Pension adjustments, net (1,206)         (1,206) (1,206)  
Contributions By Noncontrolling Interests 3,017             3,017
Distributions to noncontrolling interests (62,825)             (62,825)
Issuance of equity securities, net of retirement (14,159) 680   (8,297) (6,542)   (14,159)  
Repurchases of common stock (64,994) (966)   (64,028)     (64,994)  
Stock-based compensation 32,726     32,726     32,726  
Ending Balance at Sep. 30, 2025 2,664,640 146,369 (815,282) 2,645,230 605,795 (24,282) 2,557,830 106,810
Beginning balance at Jun. 30, 2025 2,621,611 146,676 (815,282) 2,660,579 541,965 (18,067) 2,515,871 105,740
Comprehensive income                
Net income 81,794       64,123   64,123 17,671
Foreign currency translation gain (loss), net (4,946)         (4,940) (4,940) (6)
Pension adjustments, net (1,275)         (1,275) (1,275)  
Contributions By Noncontrolling Interests 1,176             1,176
Distributions to noncontrolling interests (17,771)             (17,771)
Issuance of equity securities, net of retirement (749) 16   (472) (293)   (749)  
Repurchases of common stock (25,000) (323)   (24,677)     (25,000)  
Stock-based compensation 9,800     9,800     9,800  
Ending Balance at Sep. 30, 2025 $ 2,664,640 $ 146,369 $ (815,282) $ 2,645,230 $ 605,795 $ (24,282) $ 2,557,830 $ 106,810