PARSONS CORP
For the period ended Jun 30, 2024. Filed Jul 31, 2024.
View on SEC.govAbout this filing
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.
Jun 30, 2024 · Filed Jul 31, 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 June 30, 2024 and June 30, 2023
| CommonStock | TreasuryStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TotalParsonsEquity | NoncontrollingInterests | Total | |
|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2024 | $146,717 | $(827,311) | $2,759,867 | $87,261 | $(16,866) | $2,149,668 | $93,489 | $2,243,157 |
| Comprehensive income | ||||||||
| Net income | - | - | - | 69,172 | - | 69,172 | 11,547 | 80,719 |
| Foreign currency translation gain, net | - | - | - | - | (2,257) | (2,257) | 12 | (2,245) |
| Pension adjustments, net | - | - | - | - | (16) | (16) | - | (16) |
| Contributions | - | - | - | - | - | - | 77 | 77 |
| Distributions | - | - | - | - | - | - | (3,991) | (3,991) |
| Issuance of equity securities, net of retirements | 111 | - | 2,578 | (898) | - | 1,791 | - | 1,791 |
| Repurchases of common stock | (131) | - | (9,869) | - | - | (10,000) | - | (10,000) |
| Stock-based compensation | - | - | 10,152 | - | - | 10,152 | - | 10,152 |
| Balance at June 30, 2024 | $146,697 | $(827,311) | $2,762,728 | $155,535 | $(19,139) | $2,218,510 | $101,134 | $2,319,644 |
| Balance at March 31, 2023 | $146,244 | $(844,936) | $2,712,167 | $68,429 | $(18,025) | $2,063,879 | $61,651 | $2,125,530 |
| Comprehensive income | ||||||||
| Net income | - | - | - | 43,241 | - | 43,241 | 11,530 | 54,771 |
| Foreign currency translation loss, net | - | - | - | - | 3,149 | 3,149 | 3 | 3,152 |
| Pension adjustments, net | - | - | - | - | 16 | 16 | - | 16 |
| Distributions | - | - | - | - | - | - | (1,849) | (1,849) |
| Issuance of equity securities, net of retirements | 114 | - | 2,203 | (157) | - | 2,160 | - | 2,160 |
| Repurchases of common stock | (46) | - | (1,954) | - | - | (2,000) | - | (2,000) |
| Stock-based compensation | - | - | 8,986 | - | - | 8,986 | - | 8,986 |
| Balance at June 30, 2023 | $146,312 | $(844,936) | $2,721,402 | $111,513 | $(14,860) | $2,119,431 | $71,335 | $2,190,766 |
Consolidated Statements of Shareholders’ Equity
For the Six Months Ended June 30, 2024 and June 30, 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 | - | - | (38,183) | (38,183) | 26,790 | (11,393) | ||||||||||||||
| Foreign currency translation gain, net | - | - | (4,184) | (4,184) | 12 | (4,172) | ||||||||||||||
| Pension adjustments, net | - | - | (47) | (47) | (47) | |||||||||||||||
| Contributions | - | - | - | 77 | 77 | |||||||||||||||
| Distributions | - | - | - | (15,249) | (15,249) | |||||||||||||||
| 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 retirement | 487 | - | (5,678) | (10,006) | (15,197) | (15,197) | ||||||||||||||
| Repurchases of common stock | (131) | - | (9,869) | (10,000) | (10,000) | |||||||||||||||
| Stock-based compensation | - | 20,675 | 20,675 | 20,675 | ||||||||||||||||
| Balance at June 30, 2024 | $146,697 | $(827,311) | $2,762,728 | $155,535 | $(19,139) | $2,218,510 | $101,134 | $2,319,644 | ||||||||||||
| 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 | - | - | - | 68,794 | - | 68,794 | 21,253 | 90,047 | ||||||||||||
| Foreign currency translation loss, net | - | - | - | - | 2,972 | 2,972 | 3 | 2,975 | ||||||||||||
| Pension adjustments, net | - | - | - | - | 17 | 17 | - | 17 | ||||||||||||
| Contributions | - | - | - | - | - | - | 200 | 200 | ||||||||||||
| Distributions | - | - | - | - | - | - | (2,487) | (2,487) | ||||||||||||
| Issuance of equity securities, net of retirement | 365 | - | (3,895) | (370) | - | (3,900) | - | (3,900) | ||||||||||||
| Repurchases of common stock | (185) | - | (7,815) | - | - | (8,000) | (8,000) | |||||||||||||
| Stock-based compensation | - | - | 15,978 | - | - | 15,978 | - | 15,978 | ||||||||||||
| Balance at June 30, 2023 | $146,312 | $(844,936) | $2,721,402 | $111,513 | $(14,860) | $2,119,431 | $71,335 | $2,190,766 | ||||||||||||
Parsons Corporation and Subsidiaries
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.