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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, 2022 $ 2,095,935 $ 146,132 $ (844,936) $ 2,717,134 $ 43,089 $ (17,849) $ 2,043,570 $ 52,365
Comprehensive income                
Net income 35,276       25,553   25,553 9,723
Foreign currency translation gain (loss), net (177)         (177) (177)  
Pension adjustments, net 1         1 1  
Contributions 201             201
Distributions (638)             (638)
Issuance of equity securities, net of retirements (6,060) 251   (6,098) (213)   (6,060)  
Repurchases of common stock (6,000) (139)   (5,861)     (6,000)  
Stock-based compensation 6,992     6,992     6,992  
Ending Balance at Mar. 31, 2023 2,125,530 146,244 (844,936) 2,712,167 68,429 (18,025) 2,063,879 61,651
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 (92,112)       (107,355)   (107,355) 15,243
Foreign currency translation gain (loss), net (1,927)         (1,927) (1,927) 0
Pension adjustments, net (31)         (31) (31)  
Distributions (11,258)             (11,258)
Capped call transactions (66,121)     (66,121)     (66,121)  
Adjustments to warrant repurchased (104,952)     (104,952)     (104,952)  
Bond hedge termination 149,308     149,308     149,308  
Issuance of equity securities, net of retirements (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) $ 2,759,867 $ 87,261 $ (16,866) $ 2,149,668 $ 93,489