10-Q Filing

WATSCO INC CIK: 105016 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-281786`
Period End Date	20190930
Filing Date	20191101
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	d795445d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 60 Cash Flow Statement 71 Stockholders Equity 70 Comprehensive Income 40

Balance Sheet 69 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`	$67.61M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$501.91M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$640.80M	USD	Point-in-time
Inventories	`InventoryNet`	$970.48M	USD	Point-in-time
Inventories	`InventoryNet`	$837.13M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.88M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$97.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.05M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$225.37M	USD	Point-in-time
Goodwill	`Goodwill`	$392.00M	USD	Point-in-time
Goodwill	`Goodwill`	$407.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$147.85M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$171.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$100.62M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.33M	USD	Point-in-time
Total assets	`Assets`	$2.16B	USD	Point-in-time
Total assets	`Assets`	$2.69B	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$67.59M	USD	Point-in-time
Current portion of other long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$246.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$311.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$200.23M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$163.38M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$157.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$542.29M	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`	$169.30M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$157.50M	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$552.00K	USD	Point-in-time
Other long-term obligations, net of current portion	`OtherLongTermDebtNoncurrent`	$1.86M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$135.75M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$328.67M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$66.00M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$69.08M	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`	$894.92M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$832.12M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.97M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.16M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-42.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$656.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$627.97M	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`	$1.35B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$253.86M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$309.91M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	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`	$1.60B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.16B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.69B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.56B	USD	3 Qtrs
Revenues	`Revenues`	$1.39B	USD	1 Quarter
Revenues	`Revenues`	$1.30B	USD	1 Quarter
Revenues	`Revenues`	$3.70B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.06B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.68B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.80B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$977.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$319.01M	USD	1 Quarter
Gross profit	`GrossProfit`	$896.43M	USD	3 Qtrs
Gross profit	`GrossProfit`	$334.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$870.61M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$565.52M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$212.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$200.41M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$589.52M	USD	3 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$7.94M	USD	3 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$3.70M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$3.53M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$8.49M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$125.32M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$314.85M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$313.58M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$122.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.42M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.05M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.38M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.43M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$121.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$311.20M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$123.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$311.43M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$24.23M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$60.06M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$24.36M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$63.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$99.66M	USD	1 Quarter
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$96.89M	USD	1 Quarter
Net income	`ProfitLoss`	$251.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$247.53M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.72M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$44.19M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$42.70M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.18M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$83.48M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$79.16M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$208.67M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$203.34M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$5.54	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$2.12	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.44	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$2.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.43	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.54	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.11	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$99.66M	USD	1 Quarter
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$96.89M	USD	1 Quarter
Net income	`ProfitLoss`	$251.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$247.53M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.98M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$11.77M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$11.99M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$4.27M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$2.94M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.92M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.77M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$7.94M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$3.70M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$3.53M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$8.49M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.26M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-927.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$102.81M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$126.18M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$74.45M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.57M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$99.63M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$-23.29M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.54M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.06M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$197.53M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.83M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.34M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.90M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.01M	USD	3 Qtrs
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$4.94M	USD	3 Qtrs
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$3.76M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$143.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.29M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.34M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.00M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$180.45M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$154.95M	USD	3 Qtrs
Purchase of additional ownership from non-controlling interest	`PaymentToAcquireRemainingInterestInSubsidiary`	$32.40M	USD	3 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	3 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.78M	USD	3 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-182.00K	USD	3 Qtrs
Net repayments of other long-term obligations	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-920.00K	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$2.18M	USD	3 Qtrs
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$752.00K	USD	3 Qtrs
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$988.00K	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$7.48M	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.98M	USD	3 Qtrs
Proceeds from non-controlling interest for investment in Peirce-Phelps, Inc.	`ProceedsFromNonControllingInterestForInvestmentInConsolidatedEntity`	$17.00M	USD	3 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$34.10M	USD	3 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$94.60M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-155.73M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-59.76M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-845.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$454.00K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.88M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.74M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$67.61M	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 beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.61M	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
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.15M	USD	Point-in-time

Stockholders Equity 70 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.60	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.60	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.60	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.45	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.45	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	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`	$1.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$99.66M	USD	1 Quarter
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$96.89M	USD	1 Quarter
Net income	`ProfitLoss`	$251.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$247.53M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.56M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.58M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.92M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.72M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.92M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.74M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.20M	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`	$1.12M	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`	$1.30M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$1.95M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$4.53M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$1.60M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$555.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.63M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$914.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$428.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.50M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$669.00K	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`	$3.71M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.67M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$54.18M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$54.19M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$60.28M	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`	$59.97M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueAcquisitions`	$8.18M	USD	1 Quarter
Investment in unconsolidated entity	`ContributionFromNonControllingInterestForInvestmentInUnconsolidatedEntity`	$-988.00K	USD	1 Quarter
Investment in unconsolidated entity	`ContributionFromNonControllingInterestForInvestmentInUnconsolidatedEntity`	$-752.00K	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
Investment in Peirce-Phelps, Inc.	`ContributionFromNonControllingInterestForInvestmentInConsolidatedEntity`	$17.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	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`	$1.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$43.80M	USD	1 Quarter
Net income	`ProfitLoss`	$107.91M	USD	1 Quarter
Net income	`ProfitLoss`	$99.66M	USD	1 Quarter
Net income	`ProfitLoss`	$108.26M	USD	1 Quarter
Net income	`ProfitLoss`	$42.38M	USD	1 Quarter
Net income	`ProfitLoss`	$96.89M	USD	1 Quarter
Net income	`ProfitLoss`	$251.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$247.53M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.04M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.26M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.42M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-798.00K	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$762.00K	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$255.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$231.00K	USD	1 Quarter
Reclassification of gain on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$915.00K	USD	1 Quarter
Reclassification of gain on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$57.00K	USD	3 Qtrs
Reclassification of gain on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$542.00K	USD	3 Qtrs
Reclassification of gain on cash flow hedging instruments into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$140.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.56M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.58M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$4.65M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$5.92M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.72M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.92M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-5.74M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$4.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$100.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$96.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$257.29M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$240.81M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.01M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$44.69M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.15M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$41.71M	USD	3 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$212.60M	USD	3 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$81.59M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$81.47M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$199.10M	USD	3 Qtrs

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