PARSONS CORP
For the period ended Sep 30, 2024. Filed Oct 30, 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.
Sep 30, 2024 · Filed Oct 30, 2024
PSN$51.49+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
For the Three Months Ended September 30, 2024 and September 30, 2023
| CommonStock | TreasuryStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TotalParsonsEquity | NoncontrollingInterests | Total | |
|---|---|---|---|---|---|---|---|---|
| Balance at June 30, 2024 | $146,697 | $(827,311) | $2,762,728 | $155,535 | $(19,139) | $2,218,510 | $101,134 | $2,319,644 |
| Comprehensive income | ||||||||
| Net income | - | - | - | 71,951 | - | 71,951 | 13,638 | 85,589 |
| Foreign currency translation gain, net | - | - | - | - | 2,974 | 2,974 | 3 | 2,977 |
| Pension adjustments, net | - | - | - | - | 23 | 23 | - | 23 |
| Contributions | - | - | - | - | - | - | 961 | 961 |
| Distributions | - | - | - | - | - | - | (13,757) | (13,757) |
| Issuance of equity securities, net of retirements | 6 | - | (145) | (152) | - | (291) | - | (291) |
| Stock-based compensation | - | - | 19,285 | - | - | 19,285 | - | 19,285 |
| Balance at September 30, 2024 | $146,703 | $(827,311) | $2,781,868 | $227,334 | $(16,142) | $2,312,452 | $101,979 | $2,414,431 |
| Balance at June 30, 2023 | $146,312 | $(844,936) | $2,721,402 | $111,513 | $(14,860) | $2,119,431 | $71,335 | $2,190,766 |
| Comprehensive income | ||||||||
| Net income | - | - | - | 47,447 | - | 47,447 | 12,364 | 59,811 |
| Foreign currency translation loss, net | - | - | - | - | (1,926) | (1,926) | (3) | (1,929) |
| Pension adjustments, net | - | - | - | - | (11) | (11) | - | (11) |
| Distributions | - | - | - | - | - | - | (9,669) | (9,669) |
| Issuance of equity securities, net of retirements | 6 | - | (90) | (15) | - | (99) | - | (99) |
| Stock-based compensation | - | - | 7,894 | - | - | 7,894 | - | 7,894 |
| Balance at September 30, 2023 | $146,318 | $(844,936) | $2,729,206 | $158,945 | $(16,797) | $2,172,736 | $75,364 | $2,248,100 |
Consolidated Statements of Shareholders’ Equity
For the Nine Months Ended September 30, 2024 and September 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 | - | - | 33,768 | 33,768 | 40,428 | 74,196 | ||||||||||||||
| Foreign currency translation gain, net | - | - | (1,210) | (1,210) | 15 | (1,195) | ||||||||||||||
| Pension adjustments, net | - | - | (24) | (24) | (24) | |||||||||||||||
| Contributions | - | - | - | 1,038 | 1,038 | |||||||||||||||
| Distributions | - | - | - | (29,006) | (29,006) | |||||||||||||||
| 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 | 493 | - | (5,823) | (10,158) | (15,488) | (15,488) | ||||||||||||||
| Repurchases of common stock | (131) | - | (9,869) | (10,000) | (10,000) | |||||||||||||||
| Stock-based compensation | - | 39,960 | 39,960 | 39,960 | ||||||||||||||||
| Balance at September 30, 2024 | $146,703 | $(827,311) | $2,781,868 | $227,334 | $(16,142) | $2,312,452 | $101,979 | $2,414,431 | ||||||||||||
| 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 | - | - | - | 116,241 | - | 116,241 | 33,617 | 149,858 | ||||||||||||
| Foreign currency translation loss, net | - | - | - | - | 1,046 | 1,046 | - | 1,046 | ||||||||||||
| Pension adjustments, net | - | - | - | - | 6 | 6 | - | 6 | ||||||||||||
| Contributions | - | - | - | - | - | - | 1,538 | 1,538 | ||||||||||||
| Distributions | - | - | - | - | - | - | (12,156) | (12,156) | ||||||||||||
| Issuance of equity securities, net of retirement | 371 | - | (3,985) | (385) | - | (3,999) | - | (3,999) | ||||||||||||
| Repurchases of common stock | (185) | - | (7,815) | - | - | (8,000) | (8,000) | |||||||||||||
| Stock-based compensation | - | - | 23,872 | - | - | 23,872 | - | 23,872 | ||||||||||||
| Balance at September 30, 2023 | $146,318 | $(844,936) | $2,729,206 | $158,945 | $(16,797) | $2,172,736 | $75,364 | $2,248,100 | ||||||||||||
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.