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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
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

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Basic weighted average number of shares outstanding

 

 

103,675,373

 

 

 

102,509,245

 

 

 

103,722,004

 

 

 

102,456,219

 

Stock-based awards

 

 

658,198

 

 

 

744,322

 

 

 

729,223

 

 

 

636,162

 

Convertible senior notes

 

 

8,916,530

 

 

 

8,916,530

 

 

 

8,916,530

 

 

 

8,916,530

 

Diluted weighted average number of shares outstanding

 

 

113,250,101

 

 

 

112,170,097

 

 

 

113,367,757

 

 

 

112,008,911

 

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

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Net income attributable to Parsons Corporation

 

 

18,295

 

 

 

6,702

 

 

 

38,962

 

 

 

15,741

 

Convertible senior notes if-converted method interest adjustment

 

 

542

 

 

 

531

 

 

 

1,082

 

 

 

1,059

 

Diluted net income attributable to Parsons Corporation

 

 

18,837

 

 

 

7,233

 

 

 

40,044

 

 

 

16,800

 

Schedule of Repurchase Program The table below presents information on this repurchase program:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2022

 

Total shares repurchased

 

 

275,652

 

 

 

427,088

 

Total shares retired

 

 

275,652

 

 

 

427,088

 

Average price paid per share

 

$

36.28

 

 

$

36.40