10-K Filing

WATSCO INC CIK: 105016 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001193125-17-049156`
Period End Date	20161231
Filing Date	20170221
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	wso-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 79 Cash Flow Statement 84 Stockholders Equity 39 Comprehensive Income 26

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$451.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$475.97M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories	`InventoryNet`	$685.01M	USD	Point-in-time
Inventories	`InventoryNet`	$673.97M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.16M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$90.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.72M	USD	Point-in-time
Goodwill	`Goodwill`	$378.31M	USD	Point-in-time
Goodwill	`Goodwill`	$379.74M	USD	Point-in-time
Goodwill	`Goodwill`	$387.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$160.48M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$158.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.69M	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Total assets	`Assets`	$1.87B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$200.00K	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$184.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$185.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.16M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$129.21M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$124.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$270.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$314.89M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$235.29M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$245.30M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$514.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$348.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$235.64M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$245.81M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$68.61M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$72.37M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.50 par value, 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.50 par value, 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$602.52M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$592.35M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.53M	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`	$-23.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$495.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$550.48M	USD	Point-in-time
Treasury stock, at cost, 6,322,650 shares of Common stock and 48,263 shares of Class B common stock at both December 31, 2016 and 2015	`TreasuryStockValue`	$114.42M	USD	Point-in-time
Treasury stock, at cost, 6,322,650 shares of Common stock and 48,263 shares of Class B common stock at both December 31, 2016 and 2015	`TreasuryStockValue`	$114.42M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$957.31M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$245.92M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$246.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.24B	USD	1 Quarter
Revenues	`Revenues`	$851.42M	USD	1 Quarter
Revenues	`Revenues`	$1.18B	USD	1 Quarter
Revenues	`Revenues`	$4.22B	USD	Annual
Revenues	`Revenues`	$3.94B	USD	Annual
Revenues	`Revenues`	$903.82M	USD	1 Quarter
Revenues	`Revenues`	$808.97M	USD	1 Quarter
Revenues	`Revenues`	$1.21B	USD	1 Quarter
Revenues	`Revenues`	$913.61M	USD	1 Quarter
Revenues	`Revenues`	$1.22B	USD	1 Quarter
Revenues	`Revenues`	$4.11B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.19B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.99B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.11B	USD	Annual
Gross profit	`GrossProfit`	$295.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.03B	USD	Annual
Gross profit	`GrossProfit`	$212.45M	USD	1 Quarter
Gross profit	`GrossProfit`	$956.40M	USD	Annual
Gross profit	`GrossProfit`	$302.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$204.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$285.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$291.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$222.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$228.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.01B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$670.61M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$650.65M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$688.95M	USD	Annual
Operating income	`OperatingIncomeLoss`	$345.63M	USD	Annual
Operating income	`OperatingIncomeLoss`	$336.75M	USD	Annual
Operating income	`OperatingIncomeLoss`	$305.75M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-5.21M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-5.55M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-3.71M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$331.20M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$341.92M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$300.54M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$105.94M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$91.84M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$104.68M	USD	Annual
Net income	`ProfitLoss`	$208.70M	USD	Annual
Net income	`ProfitLoss`	$235.98M	USD	Annual
Net income	`ProfitLoss`	$226.52M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$57.31M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$53.17M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$53.59M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$151.39M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$26.49M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$63.10M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$172.93M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$64.62M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$29.55M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$23.05M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$25.54M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$65.42M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$182.81M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$57.97M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.33	USD	Annual
Basic	`EarningsPerShareBasic`	$1.82	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.16	USD	Annual
Basic	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.91	USD	Annual
Basic	`EarningsPerShareBasic`	$1.78	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.32	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.15	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.85	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.78	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.82	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.71	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.90	USD	Annual

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$208.70M	USD	Annual
Net income	`ProfitLoss`	$235.98M	USD	Annual
Net income	`ProfitLoss`	$226.52M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.12M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.07M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.93M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$11.47M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$12.32M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$12.60M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.72M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$4.69M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$289.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.61M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.49M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.69M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$2.35M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$1.96M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$1.76M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$189.00K	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$487.00K	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.29M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.42M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.83M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.94M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.12M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$41.07M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$9.73M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$3.65M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$98.74M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$45.24M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$39.76M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$-13.22M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$92.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.07M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$285.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$221.38M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$277.76M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$144.98M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.58M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.70M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.51M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$760.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$744.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.39M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-19.12M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-22.94M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-42.83M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$127.60M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$69.87M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$98.53M	USD	Annual
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$42.91M	USD	Annual
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$87.73M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$43.26M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$38.90M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$39.75M	USD	Annual
Net (repayments) proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$74.73M	USD	Annual
Net (repayments) proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$-56.26M	USD	Annual
Net (repayments) proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$-10.01M	USD	Annual
Net (repayments) proceeds from other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-157.00K	USD	Annual
Net (repayments) proceeds from other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$235.00K	USD	Annual
Net (repayments) proceeds from other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-150.00K	USD	Annual
Payment of fees related to revolving credit agreement	`PaymentsOfDebtIssuanceCosts`	$381.00K	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.42M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.83M	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.96M	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.65M	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.25M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-120.21M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-186.32M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-213.92M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-226.00K	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.34M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-680.00K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.78M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.78M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.97M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.48M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$19.48M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$24.45M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$3.60	USD	Annual
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.80	USD	Annual
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.00	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Net income	`ProfitLoss`	$208.70M	USD	Annual
Net income	`ProfitLoss`	$235.98M	USD	Annual
Net income	`ProfitLoss`	$226.52M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-38.67M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-20.84M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.58M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$1.76M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$2.35M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$1.96M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$5.70M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$8.63M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$4.67M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.62M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.02M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.14M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.23M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.01M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.85M	USD	Annual
Excess tax benefit from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$1.83M	USD	Annual
Excess tax benefit from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.42M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$127.60M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$98.53M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$69.87M	USD	Annual
Decrease in non-controlling interest in Carrier Enterprise I	`MinorityInterestDecreaseFromRedemptions`	$87.73M	USD	Annual
Decrease in non-controlling interest in Carrier Enterprise I	`MinorityInterestDecreaseFromRedemptions`	$42.91M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.90M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$43.26M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$39.75M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$208.70M	USD	Annual
Net income	`ProfitLoss`	$235.98M	USD	Annual
Net income	`ProfitLoss`	$226.52M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.21M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.38M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.12M	USD	Annual
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$280.00K	USD	Annual
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.71M	USD	Annual
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-965.00K	USD	Annual
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$1.99M	USD	Annual
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-323.00K	USD	Annual
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.00K	USD	Annual
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.00K	USD	Annual
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.00K	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-38.67M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-20.84M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.58M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$241.57M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$187.86M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$187.87M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.09M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.38M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$48.75M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$186.18M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$139.11M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$149.77M	USD	Annual

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