10-K Filing

WATSCO INC CIK: 105016 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001193125-22-054394`
Period End Date	20211231
Filing Date	20220225
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	d278286d10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 42 Cash Flow Statement 95 Stockholders Equity 38 Comprehensive Income 24

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.45M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$698.46M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$535.29M	USD	Point-in-time
Inventories, net	`InventoryNet`	$781.30M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.12B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$21.79M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.21M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.02M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$98.22M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$209.17M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$268.53M	USD	Point-in-time
Goodwill	`Goodwill`	$412.49M	USD	Point-in-time
Goodwill	`Goodwill`	$434.02M	USD	Point-in-time
Goodwill	`Goodwill`	$411.22M	USD	Point-in-time
Goodwill	`Goodwill`	$412.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$169.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$186.90M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$97.85M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$114.81M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.19M	USD	Point-in-time
Total assets	`Assets`	$2.48B	USD	Point-in-time
Total assets	`Assets`	$3.09B	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$71.80M	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$84.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$364.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$251.55M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$278.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$163.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$487.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$726.72M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	-	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$89.00M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$139.53M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$187.02M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$4.81M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$9.19M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$285.21M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$144.34M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$73.10M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$76.51M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.50 par value, 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.50 par value, 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.00B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$950.91M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.18M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.87M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$636.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$760.80M	USD	Point-in-time
Treasury stock, at cost, 4,823,988 shares of Common stock and 48,263 shares of Class B common stock at both December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$87.44M	USD	Point-in-time
Treasury stock, at cost, 4,823,988 shares of Common stock and 48,263 shares of Class B common stock at both December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$87.44M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$293.08M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$332.47M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.09B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.48B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$6.28B	USD	Annual
Revenues	`Revenues`	$5.05B	USD	Annual
Revenues	`Revenues`	$4.77B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.61B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.61B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.83B	USD	Annual
Gross profit	`GrossProfit`	$1.16B	USD	Annual
Gross profit	`GrossProfit`	$1.22B	USD	Annual
Gross profit	`GrossProfit`	$1.67B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.06B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$833.05M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$800.33M	USD	Annual
Other income	`IncomeLossFromEquityMethodInvestments`	$10.26M	USD	Annual
Other income	`IncomeLossFromEquityMethodInvestments`	$11.26M	USD	Annual
Other income	`IncomeLossFromEquityMethodInvestments`	$19.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$628.53M	USD	Annual
Operating income	`OperatingIncomeLoss`	$366.88M	USD	Annual
Operating income	`OperatingIncomeLoss`	$401.03M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-996.00K	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-4.03M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-1.24M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$362.85M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$627.53M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$399.80M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$76.62M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$128.80M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$67.08M	USD	Annual
Net income	`ProfitLoss`	$295.77M	USD	Annual
Net income	`ProfitLoss`	$323.17M	USD	Annual
Net income	`ProfitLoss`	$498.74M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$49.83M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$79.79M	USD	Annual
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$53.59M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$245.95M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$269.58M	USD	Annual
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$418.94M	USD	Annual
Basic	`EarningsPerShareBasic`	$6.51	USD	Annual
Basic	`EarningsPerShareBasic`	$10.83	USD	Annual
Basic	`EarningsPerShareBasic`	$7.03	USD	Annual
Diluted	`EarningsPerShareDiluted`	$6.50	USD	Annual
Diluted	`EarningsPerShareDiluted`	$7.01	USD	Annual
Diluted	`EarningsPerShareDiluted`	$10.78	USD	Annual

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$295.77M	USD	Annual
Net income	`ProfitLoss`	$323.17M	USD	Annual
Net income	`ProfitLoss`	$498.74M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.13M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.51M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.91M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$17.03M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$25.36M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$22.13M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$4.54M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$4.27M	USD	Annual
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$5.15M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$6.89M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.69M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.95M	USD	Annual
Loss (gain) on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-17.00K	USD	Annual
Loss (gain) on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$585.00K	USD	Annual
Loss (gain) on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-350.00K	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$5.94M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.28M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$40.00K	USD	Annual
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$10.26M	USD	Annual
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$11.26M	USD	Annual
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$19.30M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$3.56M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-8.46M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$130.41M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$15.53M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$-139.93M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$243.66M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$182.82M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$33.94M	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$12.73M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.16M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.44M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.87M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$349.57M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$534.38M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$335.77M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$59.67M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$129.46M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.80M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.44M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.46M	USD	Annual
Other investment	`PaymentToAcquirePrivateEquities`	$1.00M	USD	Annual
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$4.94M	USD	Annual
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.38M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.36M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$94.00K	USD	Annual
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$5.99M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-148.58M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.04M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.34M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$294.52M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$241.41M	USD	Annual
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$265.71M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$42.40M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$39.27M	USD	Annual
Distributions to non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$61.98M	USD	Annual
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$1.44M	USD	Annual
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$2.04M	USD	Annual
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$1.24M	USD	Annual
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.09M	USD	Annual
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	Annual
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.30M	USD	Annual
Payment of fees related to revolving credit agreement	`PaymentsOfDebtIssuanceCosts`	$196.00K	USD	Annual
Payment of fees related to revolving credit agreement	`PaymentsOfDebtIssuanceCosts`	$22.00K	USD	Annual
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestsInSubsidiaries`	$32.40M	USD	Annual
Purchase of additional ownership from non-controlling interest	`PaymentsToAcquireAdditionalInterestsInSubsidiaries`	-	USD	Annual
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	$988.00K	USD	Annual
Proceeds from non-controlling interest for investment in unconsolidated entity	`ProceedsFromMinorityShareholders`	-	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$19.26M	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$21.01M	USD	Annual
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.34M	USD	Annual
Net proceeds (repayments) under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$20.50M	USD	Annual
Net proceeds (repayments) under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$-155.70M	USD	Annual
Net proceeds (repayments) under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$89.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-448.49M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-264.02M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-228.60M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$849.00K	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-186.00K	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.07M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.80M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.44M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$71.61M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$82.89M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$74.45M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$82.89M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$74.45M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$6.40	USD	Annual
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$7.62	USD	Annual
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$6.92	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Net income	`ProfitLoss`	$295.77M	USD	Annual
Net income	`ProfitLoss`	$323.17M	USD	Annual
Net income	`ProfitLoss`	$498.74M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$10.48M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.23M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.73M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.27M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$5.15M	USD	Annual
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.54M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$22.18M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$21.60M	USD	Annual
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$13.46M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.65M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.64M	USD	Annual
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.26M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.86M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.54M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.53M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$241.41M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$265.71M	USD	Annual
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$295.04M	USD	Annual
Investment in unconsolidated entity	`ContributionFromNonControllingInterestForInvestmentInUnconsolidatedEntity`	$-988.00K	USD	Annual
Decrease in non-controlling interest in Carrier Enterprise II	`MinorityInterestDecreaseFromRedemptions`	$32.40M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$42.40M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$61.98M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$39.27M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Common Stock Released From Escrow Value	`CommonStockReleasedFromEscrowValue`	$522.00K	USD	Annual

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$295.77M	USD	Annual
Net income	`ProfitLoss`	$323.17M	USD	Annual
Net income	`ProfitLoss`	$498.74M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.27M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$936.00K	USD	Annual
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-1.46M	USD	Annual
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$70.00K	USD	Annual
Unrealized gain (loss) on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$880.00K	USD	Annual
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$219.00K	USD	Annual
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$-418.00K	USD	Annual
Reclassification of loss (gain) on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$-352.00K	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$10.48M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.23M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.73M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$329.91M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$499.96M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$306.26M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$56.14M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$53.39M	USD	Annual
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$80.32M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$273.76M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$252.87M	USD	Annual
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$419.64M	USD	Annual

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