10-Q Filing

WATSCO INC CIK: 105016 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-676582`
Period End Date	20160630
Filing Date	20160809
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	wso-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 52 Cash Flow Statement 60 Comprehensive Income 36

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$606.51M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$451.08M	USD	Point-in-time
Inventories	`InventoryNet`	$673.97M	USD	Point-in-time
Inventories	`InventoryNet`	$749.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.44M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$60.31M	USD	Point-in-time
Goodwill	`Goodwill`	$381.50M	USD	Point-in-time
Goodwill	`Goodwill`	$378.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$165.54M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$160.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.42M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.67M	USD	Point-in-time
Total assets	`Assets`	$2.02B	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$184.00K	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$195.00K	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$793.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$273.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$124.95M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$132.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$270.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$406.55M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$245.30M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$267.35M	USD	Point-in-time
Other long-term obligations, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$443.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$514.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtNoncurrent`	$245.81M	USD	Point-in-time
Total long-term obligations	`LongTermDebtNoncurrent`	$267.79M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$72.01M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$68.61M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.50 par value	`CommonStockValue`	$18.31M	USD	Point-in-time
Common stock, $0.50 par value	`CommonStockValue`	$18.33M	USD	Point-in-time
Preferred stock, $0.50 par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.50 par value	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$602.52M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$610.25M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.90M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$525.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$495.28M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$114.42M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$114.42M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.00B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$957.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$246.41M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$269.94M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.02B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.03B	USD	2 Qtrs
Revenues	`Revenues`	$1.21B	USD	1 Quarter
Revenues	`Revenues`	$2.07B	USD	2 Qtrs
Revenues	`Revenues`	$1.22B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$928.19M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$922.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.53B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.56B	USD	2 Qtrs
Gross profit	`GrossProfit`	$504.31M	USD	2 Qtrs
Gross profit	`GrossProfit`	$295.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$291.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$499.47M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$327.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$336.05M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$170.39M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$174.27M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$117.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$171.87M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$124.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$168.26M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$1.63M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.01M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$1.05M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$123.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$116.54M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$168.86M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$166.22M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$35.11M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$50.62M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$38.99M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$53.32M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Net income	`ProfitLoss`	$84.24M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.80M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$27.07M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.82M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.44M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$65.42M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$88.47M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$90.16M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$64.62M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.82	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.52	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.55	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.82	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.85	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.54	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$115.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Net income	`ProfitLoss`	$84.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.04M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.41M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.47M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.84M	USD	2 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$1.96M	USD	2 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$2.35M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.01M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.26M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.33M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$476.00K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$356.00K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$366.00K	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.77M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$153.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$168.34M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$72.37M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$124.48M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$130.84M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$84.89M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$303.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-468.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-74.13M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.93M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.63M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.62M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$623.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$624.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.99M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-14.01M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$49.16M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$60.16M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$3.65M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$7.11M	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-83.00K	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-60.00K	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.77M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$793.00K	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$2.57M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.84M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.23M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$22.02M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$131.15M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$85.82M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.68M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-281.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$54.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.60M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.68M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$115.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.54M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Net income	`ProfitLoss`	$84.24M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.90M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.97M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.89M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.88M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.08M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-241.00K	USD	1 Quarter
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.39M	USD	2 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.18M	USD	1 Quarter
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-398.00K	USD	2 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$997.00K	USD	1 Quarter
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$1.13M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.00K	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$21.00K	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.00K	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.75M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-16.63M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$82.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$98.91M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$129.00M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$30.64M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.30M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.52M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$20.33M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$66.47M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$65.39M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$78.58M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$98.36M	USD	2 Qtrs

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