10-Q Filing

WATSCO INC CIK: 105016 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-217026`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	d752540d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 58 Cash Flow Statement 65 Stockholders Equity 50 Comprehensive Income 36

Balance Sheet 65 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`	$55.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$655.42M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$501.91M	USD	Point-in-time
Inventories	`InventoryNet`	$967.39M	USD	Point-in-time
Inventories	`InventoryNet`	$837.13M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.37M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.70B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.05M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$190.53M	USD	Point-in-time
Goodwill	`Goodwill`	$398.57M	USD	Point-in-time
Goodwill	`Goodwill`	$392.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.12M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$147.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.33M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.53M	USD	Point-in-time
Total assets	`Assets`	$2.63B	USD	Point-in-time
Total assets	`Assets`	$2.16B	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$246.00K	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$60.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$200.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$356.06M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$157.09M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$163.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$580.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$357.57M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$135.20M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$219.60M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$129.64M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$1.71M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$552.00K	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$350.95M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$135.75M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$66.00M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$67.61M	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`	$828.93M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$832.12M	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`	$-40.15M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$627.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$632.98M	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`	$1.36B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$253.86M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$277.77M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	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 shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.63B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.16B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.30B	USD	2 Qtrs
Revenues	`Revenues`	$2.26B	USD	2 Qtrs
Revenues	`Revenues`	$1.37B	USD	1 Quarter
Revenues	`Revenues`	$1.33B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.04B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.01B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.71B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.74B	USD	2 Qtrs
Gross profit	`GrossProfit`	$561.74M	USD	2 Qtrs
Gross profit	`GrossProfit`	$327.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$320.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$551.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$365.11M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$376.62M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$186.58M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$196.55M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$3.16M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$4.41M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$2.96M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$4.79M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$137.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$189.53M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$134.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$191.28M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$763.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.99M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$1.21M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.33M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$189.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.58M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$133.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$187.54M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$25.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$35.83M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$39.31M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$28.32M	USD	1 Quarter
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$151.71M	USD	2 Qtrs
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.75M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.31M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.46M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.52M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$125.19M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$89.96M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$124.18M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$90.16M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.33	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$3.34	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.41	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.34	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.32	USD	2 Qtrs

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$151.71M	USD	2 Qtrs
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.66M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$7.34M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.17M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.57M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.16M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$3.16M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$4.41M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$2.96M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$4.79M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-3.26M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-5.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$183.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$146.44M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$113.83M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$117.59M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$161.69M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$107.91M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.14M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-734.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.26M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.45M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.76M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.20M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.82M	USD	2 Qtrs
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$4.94M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$86.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$92.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.81M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$120.18M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$100.77M	USD	2 Qtrs
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$32.40M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.21M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$983.00K	USD	2 Qtrs
Net repayments of long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-230.00K	USD	2 Qtrs
Net repayments of long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-121.00K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$2.18M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$1.51M	USD	2 Qtrs
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$988.00K	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.74M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.08M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$119.80M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$84.40M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.77M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.33M	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`	$707.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.98M	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`	$55.91M	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`	$82.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.91M	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`	$82.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.50M	USD	Point-in-time
Common stock issued for Dunphey & Associates Supply Co., Inc.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$7.45M	USD	2 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.45	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.60	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.60	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$151.71M	USD	2 Qtrs
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.30M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.85M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.56M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.74M	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$2.94M	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.27M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$4.34M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$1.12M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$1.60M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$1.95M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$428.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$555.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.50M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$914.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.75M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.54M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$59.97M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$60.21M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$46.58M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$54.18M	USD	1 Quarter
Common stock issued for Dunphey & Associates Supply Co., Inc.	`StockIssuedDuringPeriodValueAcquisitions`	$7.45M	USD	1 Quarter
Investment in unconsolidated entity	`ContributionFromNonControllingInterestForInvestmentInUnconsolidatedEntity`	$-988.00K	USD	1 Quarter
Decrease in non-controlling interest in Carrier Enterprise II	`MinorityInterestDecreaseFromRedemptions`	$32.40M	USD	1 Quarter
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.18M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$151.71M	USD	2 Qtrs
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$150.64M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.05M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.30M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.30M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.69M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$531.00K	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-517.00K	USD	1 Quarter
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.05M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$380.00K	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-858.00K	USD	2 Qtrs
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$402.00K	USD	2 Qtrs
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$128.00K	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-105.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.30M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.85M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.56M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.74M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$103.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$140.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$160.56M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$112.56M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.70M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.55M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.37M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.64M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$131.01M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$87.07M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$117.64M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$93.19M	USD	1 Quarter

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