PARSONS CORP
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
PSN$51.49+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders’ Equity
For the Three Months Ended March 31, 2024 and March 31, 2023
| CommonStock | TreasuryStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TotalParsonsEquity | NoncontrollingInterests | Total | |
|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2023 | $146,341 | $(827,311) | $2,779,365 | $203,724 | $(14,908) | $2,287,211 | $89,504 | $2,376,715 |
| Comprehensive income | ||||||||
| Net income | - | - | - | (107,355) | - | (107,355) | 15,243 | (92,112) |
| Foreign currency translation gain, net | - | - | - | - | (1,927) | (1,927) | - | (1,927) |
| Pension adjustments, net | - | - | - | - | (31) | (31) | - | (31) |
| Distributions | - | - | - | - | - | - | (11,258) | (11,258) |
| 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 |
| Issuance of equity securities, net of retirements | 376 | - | (8,256) | (9,108) | - | (16,988) | - | (16,988) |
| Stock-based compensation | - | - | 10,523 | - | - | 10,523 | - | 10,523 |
| Balance at March 31, 2024 | $146,717 | $(827,311) | $2,759,867 | $87,261 | $(16,866) | $2,149,668 | $93,489 | $2,243,157 |
| Balance at December 31, 2022 | $146,132 | $(844,936) | $2,717,134 | $43,089 | $(17,849) | $2,043,570 | $52,365 | $2,095,935 |
| Comprehensive income | ||||||||
| Net income | - | - | - | 25,553 | - | 25,553 | 9,723 | 35,276 |
| Foreign currency translation loss, net | - | - | - | - | (177) | (177) | - | (177) |
| Pension adjustments, net | - | - | - | - | 1 | 1 | - | 1 |
| Contributions | - | - | - | - | - | - | 201 | 201 |
| Distributions | - | - | - | - | - | - | (638) | (638) |
| Issuance of equity securities, net of retirements | 251 | - | (6,098) | (213) | - | (6,060) | - | (6,060) |
| Repurchases of common stock | (139) | - | (5,861) | - | - | (6,000) | - | (6,000) |
| Stock-based compensation | - | - | 6,992 | - | - | 6,992 | - | 6,992 |
| Balance at March 31, 2023 | $146,244 | $(844,936) | $2,712,167 | $68,429 | $(18,025) | $2,063,879 | $61,651 | $2,125,530 |
Parsons Corporation and Subsidiaries
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