10-Q Filing

WATSCO INC CIK: 105016 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-238176`
Period End Date	20180630
Filing Date	20180803
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	wso-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 54 Cash Flow Statement 61 Comprehensive Income 34

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
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`	$56.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$478.13M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$659.89M	USD	Point-in-time
Inventories	`InventoryNet`	$872.90M	USD	Point-in-time
Inventories	`InventoryNet`	$761.31M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.20M	USD	Point-in-time
Goodwill	`Goodwill`	$380.69M	USD	Point-in-time
Goodwill	`Goodwill`	$382.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$161.06M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$152.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$79.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$74.49M	USD	Point-in-time
Total assets	`Assets`	$2.33B	USD	Point-in-time
Total assets	`Assets`	$2.05B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$244.00K	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$209.00K	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$1.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$358.15M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$230.48M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$185.76M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$163.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$522.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$416.48M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$141.60M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$21.80M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$199.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$285.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$22.09M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$141.80M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$58.90M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$57.34M	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	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.50 par value	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$804.01M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$817.56M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.46M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.22M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$594.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$617.67M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$87.44M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$87.44M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$273.55M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$253.02M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.05B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.33B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.33B	USD	1 Quarter
Revenues	`Revenues`	$2.15B	USD	2 Qtrs
Revenues	`Revenues`	$1.28B	USD	1 Quarter
Revenues	`Revenues`	$2.26B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$965.65M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.01B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.62B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.71B	USD	2 Qtrs
Gross profit	`GrossProfit`	$310.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$528.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$551.60M	USD	2 Qtrs
Gross profit	`GrossProfit`	$320.77M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$350.79M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$186.58M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$180.93M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$365.11M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$4.79M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$3.16M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$178.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$137.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$129.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$191.28M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.33M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-763.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.65M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.90M	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`	$189.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.58M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$39.31M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$36.85M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$28.32M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$50.53M	USD	2 Qtrs
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.61M	USD	2 Qtrs
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`	$26.46M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.31M	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
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$89.96M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$124.18M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.41	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.33	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.32	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.40	USD	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.61M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.03M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$6.26M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$7.34M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.74M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.57M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$4.79M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$3.16M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.74M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-3.26M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$134.95M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$183.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.52M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$113.83M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$107.34M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$107.91M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$151.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-734.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.01M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.26M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.31M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.82M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$75.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$86.00K	USD	2 Qtrs
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$63.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.84M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.74M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$119.80M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$144.01M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.91M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.74M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$1.68M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$1.51M	USD	2 Qtrs
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivity`	$42.69M	USD	2 Qtrs
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$12.72M	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-100.00K	USD	2 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-121.00K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$6.80M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$2.18M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.77M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.21M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$74.83M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$100.77M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.12M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.77M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.28M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$730.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.98M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.50M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$51.03M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$51.03M	USD	Point-in-time

Comprehensive Income 34 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$90.85M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.61M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.92M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.77M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.05M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.69M	USD	2 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$531.00K	USD	2 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$380.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$222.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-87.00K	USD	2 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$861.00K	USD	2 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-858.00K	USD	2 Qtrs
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-105.00K	USD	1 Quarter
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$683.00K	USD	1 Quarter
Unrealized (loss) gain on equity securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.00K	USD	1 Quarter
Unrealized (loss) gain on equity securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-10.30M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$5.30M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.56M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.98M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$96.15M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$140.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$103.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.59M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.70M	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
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.64M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$104.28M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$87.07M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$77.06M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$117.64M	USD	2 Qtrs

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