10-K Filing

PARSONS CORP CIK: 275880 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001564590-23-002040`
Period End Date	20221231
Filing Date	20230217
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	psn-10k_20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 48 Cash Flow Statement 152 Stockholders Equity 37 Comprehensive Income 18

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents (including $53,193 and $78,514 Cash of consolidated joint ventures)	`CashAndCashEquivalentsAtCarryingValue`	$262.54M	USD	Point-in-time
Cash and cash equivalents (including $53,193 and $78,514 Cash of consolidated joint ventures)	`CashAndCashEquivalentsAtCarryingValue`	$342.61M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestmentsCurrent`	$1.27M	USD	Point-in-time
Accounts receivable, net (including $217,419 and $140,266 Accounts receivable of consolidated joint ventures, net)	`AccountsReceivableNetCurrent`	$717.35M	USD	Point-in-time
Accounts receivable, net (including $217,419 and $140,266 Accounts receivable of consolidated joint ventures, net)	`AccountsReceivableNetCurrent`	$598.31M	USD	Point-in-time
Contract assets (including $11,313 and $8,779 Contract assets of consolidated joint ventures)	`ContractWithCustomerAssetNetCurrent`	$579.22M	USD	Point-in-time
Contract assets (including $11,313 and $8,779 Contract assets of consolidated joint ventures)	`ContractWithCustomerAssetNetCurrent`	$634.03M	USD	Point-in-time
Prepaid expenses and other current assets (including $7,913 and $18,783 Prepaid expenses and other current assets of consolidated joint ventures)	`PrepaidExpenseAndOtherAssetsCurrent`	$105.87M	USD	Point-in-time
Prepaid expenses and other current assets (including $7,913 and $18,783 Prepaid expenses and other current assets of consolidated joint ventures)	`PrepaidExpenseAndOtherAssetsCurrent`	$110.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.63B	USD	Point-in-time
Property and equipment, net (including $2,543 and $1,721 Property and equipment of consolidated joint ventures, net)	`PropertyPlantAndEquipmentNet`	$96.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$262.54M	USD	Point-in-time
Property and equipment, net (including $2,543 and $1,721 Property and equipment of consolidated joint ventures, net)	`PropertyPlantAndEquipmentNet`	$121.03M	USD	Point-in-time
Property and equipment, net (including $2,543 and $1,721 Property and equipment of consolidated joint ventures, net)	`PropertyPlantAndEquipmentNet`	$104.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$342.61M	USD	Point-in-time
Right of use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$182.67M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$717.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$598.31M	USD	Point-in-time
Right of use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$155.09M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$579.22M	USD	Point-in-time
Goodwill	`Goodwill`	$1.41B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$634.03M	USD	Point-in-time
Goodwill	`Goodwill`	$1.26B	USD	Point-in-time
Goodwill	`Goodwill`	$1.66B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$105.87M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$110.94M	USD	Point-in-time
Investments in and advances to unconsolidated joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$110.69M	USD	Point-in-time
Investments in and advances to unconsolidated joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$107.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$96.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$207.82M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$254.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$121.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$104.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$201.43M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$137.71M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$134.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$196.29M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$46.13M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$66.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$630.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$599.09M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$213.06M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$171.67M	USD	Point-in-time
Total assets	`Assets`	$4.20B	USD	Point-in-time
Total assets	`Assets`	$3.83B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	146.13M	shares	Point-in-time
Accounts payable (including $49,078 and $78,558 Accounts payable of consolidated joint ventures)	`AccountsPayableCurrent`	$201.43M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	146.28M	shares	Point-in-time
Accounts payable (including $49,078 and $78,558 Accounts payable of consolidated joint ventures)	`AccountsPayableCurrent`	$196.29M	USD	Point-in-time
Accrued expenses and other current liabilities (including $102,417 and $82,746 Accrued expenses and other current liabilities of consolidated joint ventures)	`AccruedExpensesAndOtherCurrentLiabilities`	$630.19M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	33.33M	shares	Point-in-time
Accrued expenses and other current liabilities (including $102,417 and $82,746 Accrued expenses and other current liabilities of consolidated joint ventures)	`AccruedExpensesAndOtherCurrentLiabilities`	$599.09M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	40.96M	shares	Point-in-time
Contract liabilities (including $40,654 and $14,333 Contract liabilities of consolidated joint ventures)	`ContractWithCustomerLiabilityCurrent`	$213.06M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	41.43M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	41.43M	shares	Point-in-time
Contract liabilities (including $40,654 and $14,333 Contract liabilities of consolidated joint ventures)	`ContractWithCustomerLiabilityCurrent`	$171.67M	USD	Point-in-time
Short-term lease liabilities, operating leases	`OperatingLeaseLiabilityCurrent`	$55.90M	USD	Point-in-time
Short-term lease liabilities, operating leases	`OperatingLeaseLiabilityCurrent`	$59.14M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$4.29M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$7.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.11B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.03B	USD	Point-in-time
Long-term employee incentives	`LongTermEmployeeIncentives`	$17.38M	USD	Point-in-time
Long-term employee incentives	`LongTermEmployeeIncentives`	$16.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$743.61M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$591.92M	USD	Point-in-time
Long-term lease liabilities, operating leases	`OperatingLeaseLiabilityNoncurrent`	$148.89M	USD	Point-in-time
Long-term lease liabilities, operating leases	`OperatingLeaseLiabilityNoncurrent`	$111.42M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$12.47M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$109.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$94.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.89B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.10B	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $1 par value; authorized 1,000,000,000 shares; 146,132,016 and 146,276,880 shares issued; 40,960,845 and 33,331,494 public shares outstanding; 63,742,151 and 70,328,237 ESOP shares outstanding	`CommonStockValue`	$146.28M	USD	Point-in-time
Common stock, $1 par value; authorized 1,000,000,000 shares; 146,132,016 and 146,276,880 shares issued; 40,960,845 and 33,331,494 public shares outstanding; 63,742,151 and 70,328,237 ESOP shares outstanding	`CommonStockValue`	$146.13M	USD	Point-in-time
Treasury stock, 41,429,020 shares at cost	`TreasuryStockValue`	$867.39M	USD	Point-in-time
Treasury stock, 41,429,020 shares at cost	`TreasuryStockValue`	$844.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.68B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$43.09M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-53.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.85M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.57M	USD	Point-in-time
Total Parsons Corporation shareholders' equity	`StockholdersEquity`	$1.90B	USD	Point-in-time
Total Parsons Corporation shareholders' equity	`StockholdersEquity`	$2.04B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$52.37M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$36.34M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.83B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.20B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.20B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.92B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	Annual
Direct cost of contracts	`CostOfGoodsAndServicesSold`	$3.25B	USD	Annual
Direct cost of contracts	`CostOfGoodsAndServicesSold`	$2.81B	USD	Annual
Direct cost of contracts	`CostOfGoodsAndServicesSold`	$3.04B	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$36.86M	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$16.35M	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$30.06M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$777.40M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$729.10M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$757.24M	USD	Annual
Operating income	`OperatingIncomeLoss`	$132.45M	USD	Annual
Operating income	`OperatingIncomeLoss`	$185.67M	USD	Annual
Operating income	`OperatingIncomeLoss`	$177.81M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$787.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$966.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$396.00K	USD	Annual
Interest expense	`InterestExpense`	$17.70M	USD	Annual
Interest expense	`InterestExpense`	$20.96M	USD	Annual
Interest expense	`InterestExpense`	$23.18M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.56M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.77M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.77M	USD	Annual
Total other (expense) income	`OtherIncomeExpense`	$-19.44M	USD	Annual
Total other (expense) income	`OtherIncomeExpense`	$-19.86M	USD	Annual
Total other (expense) income	`OtherIncomeExpense`	$-16.40M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.59M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$161.41M	USD	Annual
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$166.22M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$39.66M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$23.64M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$42.49M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$126.56M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$88.95M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$118.92M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.88M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$29.90M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.38M	USD	Annual
Net income attributable to Parsons Corporation	`NetIncomeLoss`	$96.66M	USD	Annual
Net income attributable to Parsons Corporation	`NetIncomeLoss`	$64.07M	USD	Annual
Net income attributable to Parsons Corporation	`NetIncomeLoss`	$98.54M	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$0.93	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$0.62	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$0.98	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$0.97	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$0.87	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$0.59	USD	Annual

Cash Flow Statement 152 line items

Line Item	Tag	Value	Unit	Period
Net income including noncontrolling interests	`ProfitLoss`	$126.56M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$88.95M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$118.92M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$144.21M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$127.98M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$120.50M	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$1.36M	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$3.03M	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$2.82M	USD	Annual
Amortization of convertible notes discount	`AmortizationOfConvertibleNotesDiscount`	$3.83M	USD	Annual
Amortization of convertible notes discount	`AmortizationOfConvertibleNotesDiscount`	-	USD	Annual
Amortization of convertible notes discount	`AmortizationOfConvertibleNotesDiscount`	-	USD	Annual
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-116.00K	USD	Annual
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$164.00K	USD	Annual
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-338.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$8.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$57.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.50M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.27M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-844.00K	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.47M	USD	Annual
Foreign currency transaction gains and losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$493.00K	USD	Annual
Foreign currency transaction gains and losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.97M	USD	Annual
Foreign currency transaction gains and losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.92M	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$36.86M	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$16.35M	USD	Annual
Equity in earnings of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$30.06M	USD	Annual
Return on investments in unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$41.46M	USD	Annual
Return on investments in unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$28.42M	USD	Annual
Return on investments in unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$24.49M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$20.19M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$23.01M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$15.23M	USD	Annual
Contributions of treasury stock	`OtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$55.33M	USD	Annual
Contributions of treasury stock	`OtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$54.66M	USD	Annual
Contributions of treasury stock	`OtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$54.91M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$117.32M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-99.89M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$32.03M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-9.24M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.49M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.41M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.49M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.49M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-31.77M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-717.00K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$3.88M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$3.40M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$-74.68M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-30.41M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-29.67M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$41.31M	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-3.65M	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$2.88M	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-3.08M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$6.61M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-43.53M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-28.54M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$237.53M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$289.16M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$205.57M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$21.11M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$34.04M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$30.59M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$771.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.33M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.55M	USD	Annual
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$302.89M	USD	Annual
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$198.26M	USD	Annual
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$379.47M	USD	Annual
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$38.46M	USD	Annual
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$17.62M	USD	Annual
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$11.04M	USD	Annual
Return of investments in unconsolidated joint ventures	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$9.44M	USD	Annual
Return of investments in unconsolidated joint ventures	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$772.00K	USD	Annual
Return of investments in unconsolidated joint ventures	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$53.00K	USD	Annual
Proceeds from sales of investments in unconsolidated joint ventures	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Proceeds from sales of investments in unconsolidated joint ventures	`ProceedsFromSaleOfEquityMethodInvestments`	$14.81M	USD	Annual
Proceeds from sales of investments in unconsolidated joint ventures	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-240.91M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-346.37M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-417.47M	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	$916.00M	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	$212.90M	USD	Annual
Proceeds from delayed draw term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	$350.00M	USD	Annual
Proceeds from delayed draw term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Proceeds from delayed draw term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$50.00M	USD	Annual
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$212.90M	USD	Annual
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$916.00M	USD	Annual
Repayment of private placement debt	`RepaymentOfPrivatePlacementDebt`	-	USD	Annual
Repayment of private placement debt	`RepaymentOfPrivatePlacementDebt`	-	USD	Annual
Repayment of private placement debt	`RepaymentOfPrivatePlacementDebt`	$200.00M	USD	Annual
Payments for debt costs and credit agreement	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments for debt costs and credit agreement	`PaymentsOfDebtIssuanceCosts`	$862.00K	USD	Annual
Payments for debt costs and credit agreement	`PaymentsOfDebtIssuanceCosts`	$1.94M	USD	Annual
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$400.00M	USD	Annual
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Payments for acquired warrants	`PaymentsForRepurchaseOfWarrants`	$11.24M	USD	Annual
Payments for acquired warrants	`PaymentsForRepurchaseOfWarrants`	-	USD	Annual
Payments for acquired warrants	`PaymentsForRepurchaseOfWarrants`	-	USD	Annual
Payments for purchase of bond hedges	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Payments for purchase of bond hedges	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Payments for purchase of bond hedges	`PaymentsForHedgeFinancingActivities`	$54.97M	USD	Annual
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	Annual
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	Annual
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	$13.81M	USD	Annual
Transaction costs paid in connection with convertible notes issuance	`PaymentOfConvertibleNotesIssuanceTransactionCosts`	-	USD	Annual
Transaction costs paid in connection with convertible notes issuance	`PaymentOfConvertibleNotesIssuanceTransactionCosts`	-	USD	Annual
Transaction costs paid in connection with convertible notes issuance	`PaymentOfConvertibleNotesIssuanceTransactionCosts`	$10.25M	USD	Annual
Contributions by noncontrolling interests	`ProceedsFromMinorityShareholders`	$10.27M	USD	Annual
Contributions by noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.75M	USD	Annual
Contributions by noncontrolling interests	`ProceedsFromMinorityShareholders`	$2.21M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$5.82M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$24.13M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$37.93M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$21.70M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.00M	USD	Annual
Taxes paid on vested stock	`PaymentsForTaxesPaidOnVestedStock`	$1.15M	USD	Annual
Taxes paid on vested stock	`PaymentsForTaxesPaidOnVestedStock`	$7.04M	USD	Annual
Taxes paid on vested stock	`PaymentsForTaxesPaidOnVestedStock`	$2.24M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.38M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.39M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.55M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-106.50M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$100.37M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$348.23M	USD	Annual
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$823.00K	USD	Annual
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$-1.77M	USD	Annual
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$-1.50M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-143.33M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-81.34M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$291.84M	USD	Annual
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$343.88M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$195.37M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$487.21M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$262.54M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$343.88M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$195.37M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$487.21M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$262.54M	USD	Point-in-time
Interest	`InterestPaidNet`	$20.82M	USD	Annual
Interest	`InterestPaidNet`	$14.99M	USD	Annual
Interest	`InterestPaidNet`	$14.21M	USD	Annual
Income taxes (net of refunds)	`IncomeTaxesPaidNet`	$22.46M	USD	Annual
Income taxes (net of refunds)	`IncomeTaxesPaidNet`	$32.17M	USD	Annual
Income taxes (net of refunds)	`IncomeTaxesPaidNet`	$55.35M	USD	Annual

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time
Net income	`ProfitLoss`	$126.56M	USD	Annual
Net income	`ProfitLoss`	$88.95M	USD	Annual
Net income	`ProfitLoss`	$118.92M	USD	Annual
Foreign currency translation gain (loss), net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-7.75M	USD	Annual
Foreign currency translation gain (loss), net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.83M	USD	Annual
Foreign currency translation gain (loss), net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$484.00K	USD	Annual
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$88.00K	USD	Annual
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$547.00K	USD	Annual
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-460.00K	USD	Annual
Contributions of treasury stock to ESOP	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$53.80M	USD	Annual
Contributions of treasury stock to ESOP	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$54.92M	USD	Annual
Contributions of treasury stock to ESOP	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$54.00M	USD	Annual
Contributions	`MinorityInterestIncreaseDecreaseFromContributionsToNoncontrollingInterestHolders`	$1.75M	USD	Annual
Contributions	`MinorityInterestIncreaseDecreaseFromContributionsToNoncontrollingInterestHolders`	$10.27M	USD	Annual
Contributions	`MinorityInterestIncreaseDecreaseFromContributionsToNoncontrollingInterestHolders`	$2.21M	USD	Annual
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.13M	USD	Annual
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$37.93M	USD	Annual
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.82M	USD	Annual
Issuance of equity securities, net of retirements/ IPO proceeds, net	`StockIssuedDuringPeriodValueNewIssues`	$-390.00K	USD	Annual
Issuance of equity securities, net of retirements/ IPO proceeds, net	`StockIssuedDuringPeriodValueNewIssues`	$3.04M	USD	Annual
Issuance of equity securities, net of retirements/ IPO proceeds, net	`StockIssuedDuringPeriodValueNewIssues`	$3.36M	USD	Annual
Equity component value of convertible note issuance	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$53.55M	USD	Annual
Purchase of convertible note hedge	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfConvertibleNoteHedge`	$-54.61M	USD	Annual
Sale of common stock warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$13.81M	USD	Annual
Repurchases of common stock	`AdjustmentsToAdditionalPaidInCapitalRepurchasesOfCommonStock`	$22.00M	USD	Annual
Repurchases of common stock	`AdjustmentsToAdditionalPaidInCapitalRepurchasesOfCommonStock`	$21.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.23M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.01M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.19M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.86B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.10B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income including noncontrolling interests	`ProfitLoss`	$126.56M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$88.95M	USD	Annual
Net income including noncontrolling interests	`ProfitLoss`	$118.92M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.83M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.75M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$484.00K	USD	Annual
Pension adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$88.00K	USD	Annual
Pension adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$547.00K	USD	Annual
Pension adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-460.00K	USD	Annual
Comprehensive income including noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$119.32M	USD	Annual
Comprehensive income including noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$118.27M	USD	Annual
Comprehensive income including noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$93.25M	USD	Annual
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.88M	USD	Annual
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.88M	USD	Annual
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$20.38M	USD	Annual
Comprehensive income attributable to Parsons Corporation, net of tax	`ComprehensiveIncomeNetOfTax`	$88.38M	USD	Annual
Comprehensive income attributable to Parsons Corporation, net of tax	`ComprehensiveIncomeNetOfTax`	$98.94M	USD	Annual
Comprehensive income attributable to Parsons Corporation, net of tax	`ComprehensiveIncomeNetOfTax`	$68.37M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.