LMN theorem shows that if f is a boolean function$(f:\{-1,1\}^n \rightarrow \{-1,1\})$ computable by an $\text{AC}^0$ circuit of size M,
$$\sum_{S:|S|> k} \hat f(S)^{2} \leq 2^{-\Omega(k/(\log M)^{d-1})}$$
$\Rightarrow \hat f([n])^{2} \leq 2^{-\Omega(n/(\log M)^{d-1})}$
$\Rightarrow |\hat f([n])| \leq 2^{-\Omega(n/(\log M)^{d-1})}$
$|\hat f([n])|$ is nothing but the correlation of f with the parity function $(\prod_{i = 1}^{n}x_i)$. Let $\delta$ be the fraction of inputs where $f$ differs from $PARITY$.
\begin{align}
1 -2 \delta \leq |1 - 2\delta| &= |\hat f([n])| \leq 2^{-\Omega(n/(\log M)^{d-1})}\\
\Rightarrow \delta &\geq 1 - 2^{-\Omega(n/(\log M)^{d-1})}
\end{align}
So, if M is $poly(n)$, for $f$ to be equal to $PARITY$,
\begin{align}
\delta &\leq \frac{1}{2^n}\\
\Rightarrow 2^n &\geq 2^{(cn/(\log M)^{d-1})}\\
\Rightarrow (\log M)^{d-1} &\geq (c-1)n \\
\Rightarrow M &\geq 2^{\Omega (n^{1/d-1})}
\end{align}
So, LMN theorem not only proves that $PARITY$ cannot be computed by $AC^{0}$ circuits, it also shows that $PARITY$ has low correlation with $AC^{0}$ circuits.