Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares Used To Compute Basic and Diluted EPS

The weighted average number of shares used to compute basic and diluted EPS were:

	Three Months Ended
	March 31, 2023		March 31, 2022
Basic weighted average number of shares outstanding		104,805,195		103,768,636
Stock-based awards		1,031,742		779,834
Convertible senior notes		8,916,530		8,916,530
Diluted weighted average number of shares outstanding		114,753,467		113,465,000

Net Income Available to Shareholders to Compute Basic and Diluted EPS

The net income available to shareholders to compute basic and diluted EPS were (in thousands):
 

	Three Months Ended
	March 31, 2023		March 31, 2022
Net income attributable to Parsons Corporation	$	25,553	$	20,667
Convertible senior notes if-converted method interest adjustment		551		540
Diluted net income attributable to Parsons Corporation	$	26,104	$	21,207

Schedule of Repurchase Program

The table below presents information on this repurchase program:

	Three Months Ended
	March 31, 2023		March 31, 2022
Total shares repurchased		139,398		151,436
Total shares retired		139,398		151,436
Average price paid per share	$	43.04	$	36.64