10-Q Filing

WATSCO INC CIK: 105016 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001193125-17-240667`
Period End Date	20170630
Filing Date	20170728
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	wso-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 52 Cash Flow Statement 57 Comprehensive Income 36

Balance Sheet 66 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`	$30.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$613.19M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$475.97M	USD	Point-in-time
Inventories	`InventoryNet`	$685.01M	USD	Point-in-time
Inventories	`InventoryNet`	$770.01M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.16M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$92.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$90.50M	USD	Point-in-time
Goodwill	`Goodwill`	$379.74M	USD	Point-in-time
Goodwill	`Goodwill`	$381.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$159.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$158.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$69.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.69M	USD	Point-in-time
Total assets	`Assets`	$2.15B	USD	Point-in-time
Total assets	`Assets`	$1.87B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$204.00K	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$200.00K	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$1.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$185.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$286.39M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$129.21M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$136.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$424.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$314.89M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$379.30M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$235.29M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$244.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$348.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$379.54M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$235.64M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$70.08M	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
Common stock, $0.50 par value	`CommonStockValue`	$18.34M	USD	Point-in-time
Common stock, $0.50 par value	`CommonStockValue`	$18.35M	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`	$575.66M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$592.35M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.70M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.19M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$575.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$550.48M	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`	$1.02B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$261.69M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$245.92M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.15B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.21B	USD	1 Quarter
Revenues	`Revenues`	$2.07B	USD	2 Qtrs
Revenues	`Revenues`	$2.15B	USD	2 Qtrs
Revenues	`Revenues`	$1.28B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$922.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.62B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$965.65M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.56B	USD	2 Qtrs
Gross profit	`GrossProfit`	$528.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$310.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$504.31M	USD	2 Qtrs
Gross profit	`GrossProfit`	$291.86M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$180.93M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$350.79M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$336.05M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$174.27M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$168.26M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$117.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$129.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$178.05M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.05M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.90M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.65M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$127.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$175.15M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$166.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$116.54M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$36.85M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$50.53M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$35.11M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$50.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$115.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.61M	USD	2 Qtrs
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.09M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.68M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.44M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.80M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$90.16M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$64.62M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$99.94M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$73.76M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.80	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.55	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.82	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.54	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.82	USD	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$115.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.61M	USD	2 Qtrs
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.04M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.47M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$6.26M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.74M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.26M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-3.32M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.74M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$134.95M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$153.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$72.37M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.52M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$130.84M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$104.57M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-468.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$151.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$32.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.93M	USD	2 Qtrs
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$63.60M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.31M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.62M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$624.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$75.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-73.84M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.99M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$22.02M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$144.01M	USD	2 Qtrs
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$12.72M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.91M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.84M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$1.68M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$793.00K	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-60.00K	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-100.00K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$6.80M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$7.11M	USD	2 Qtrs
Purchase of additional ownership from non-controlling interest	`PaymentsToMinorityShareholders`	$42.69M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$60.16M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$74.83M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$35.89M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.68M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$730.00K	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`	$-4.68M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.98M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$51.03M	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`	$56.01M	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`	$51.03M	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`	$56.01M	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`	$124.61M	USD	2 Qtrs
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$81.42M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.89M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.92M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.77M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-87.00K	USD	2 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$222.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.88M	USD	2 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.08M	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$683.00K	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.18M	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-398.00K	USD	2 Qtrs
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$861.00K	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`	$-5.00K	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.00K	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.27M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.30M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.98M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$96.15M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$82.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$129.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.59M	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`	$30.64M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.32M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.09M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$98.36M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$104.28M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$65.39M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$77.06M	USD	1 Quarter

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