10-Q Filing

WATSCO INC CIK: 105016 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-758213`
Period End Date	20160930
Filing Date	20161103
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	wso-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 52 Cash Flow Statement 59 Comprehensive Income 36

Balance Sheet 64 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`	$24.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.91M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$451.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$548.00M	USD	Point-in-time
Inventories	`InventoryNet`	$673.97M	USD	Point-in-time
Inventories	`InventoryNet`	$739.72M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.38M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$59.73M	USD	Point-in-time
Goodwill	`Goodwill`	$380.79M	USD	Point-in-time
Goodwill	`Goodwill`	$378.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$160.48M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$162.47M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.60M	USD	Point-in-time
Total assets	`Assets`	$1.96B	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$196.00K	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$184.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$229.74M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$124.95M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$128.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$270.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$358.13M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$245.30M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$219.40M	USD	Point-in-time
Other long-term obligations, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$392.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$514.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtNoncurrent`	$219.79M	USD	Point-in-time
Total long-term obligations	`LongTermDebtNoncurrent`	$245.81M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$73.34M	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`	$18.34M	USD	Point-in-time
Common stock, $0.50 par value	`CommonStockValue`	$18.31M	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`	$614.81M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$602.52M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.53M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$495.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$558.24M	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`	$1.04B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$957.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$267.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$246.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.96B	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.31B	USD	3 Qtrs
Revenues	`Revenues`	$1.24B	USD	1 Quarter
Revenues	`Revenues`	$3.21B	USD	3 Qtrs
Revenues	`Revenues`	$1.18B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.42B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.50B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$891.17M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$939.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$302.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$785.32M	USD	3 Qtrs
Gross profit	`GrossProfit`	$806.51M	USD	3 Qtrs
Gross profit	`GrossProfit`	$285.85M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$175.17M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$502.77M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$518.95M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$182.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$287.56M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$119.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$110.68M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$282.55M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$4.53M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$996.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.04M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$1.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$118.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$278.02M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$284.52M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$88.41M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$34.52M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$37.79M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$87.84M	USD	3 Qtrs
Net income	`ProfitLoss`	$190.19M	USD	3 Qtrs
Net income	`ProfitLoss`	$196.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$80.52M	USD	1 Quarter
Net income	`ProfitLoss`	$74.64M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.68M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$43.75M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.86M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.42M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$153.26M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$63.10M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$146.44M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$57.97M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.78	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.33	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$4.16	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$4.32	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.78	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.16	USD	3 Qtrs

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$190.19M	USD	3 Qtrs
Net income	`ProfitLoss`	$196.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$80.52M	USD	1 Quarter
Net income	`ProfitLoss`	$74.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.08M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.36M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.86M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.98M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$5.63M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$1.96M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$2.35M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.30M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.10M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.98M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$420.00K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$204.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$82.79M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$96.69M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$63.48M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$80.17M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$45.36M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$83.55M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.40M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.86M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$99.76M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$146.30M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.59M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.99M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$675.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$686.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-19.91M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.31M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$90.30M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$73.84M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$13.27M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$26.03M	USD	3 Qtrs
Net (repayments) proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$-25.90M	USD	3 Qtrs
Net (repayments) proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$3.33M	USD	3 Qtrs
Net repayments under other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-110.00K	USD	3 Qtrs
Net repayments under other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-112.00K	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.98M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$2.35M	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.53M	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.96M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-75.03M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-137.37M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-766.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$68.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$681.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.06M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.50M	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`	$35.91M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$190.19M	USD	3 Qtrs
Net income	`ProfitLoss`	$196.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$80.52M	USD	1 Quarter
Net income	`ProfitLoss`	$74.64M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.59M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.68M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.43M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.45M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$391.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.48M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.33M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$946.00K	USD	1 Quarter
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$1.39M	USD	3 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-492.00K	USD	3 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$260.00K	USD	1 Quarter
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-94.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$12.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-15.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-30.64M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.96M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-14.01M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$10.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$206.56M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.56M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$60.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$159.54M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.39M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$46.93M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.29M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.06M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$128.15M	USD	3 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$49.58M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$61.27M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$159.63M	USD	3 Qtrs

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