10-Q Filing

WATSCO INC CIK: 105016 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-212504`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	d359478d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 58 Cash Flow Statement 67 Stockholders Equity 47 Comprehensive Income 36

Balance Sheet 71 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`	$129.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.79M	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$983.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$698.46M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.48B	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.12B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.62B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.96B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.02M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$119.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$268.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$298.22M	USD	Point-in-time
Goodwill	`Goodwill`	$432.78M	USD	Point-in-time
Goodwill	`Goodwill`	$434.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$186.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$183.13M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$122.83M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$114.81M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.19M	USD	Point-in-time
Total assets	`Assets`	$3.79B	USD	Point-in-time
Total assets	`Assets`	$3.09B	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$84.50M	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$88.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$625.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$364.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$346.78M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$278.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.06B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$726.72M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$89.00M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$203.60M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$187.02M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$213.34M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$9.19M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$10.20M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$285.21M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$427.15M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$80.33M	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	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.50 par value	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.00B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.74M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.51M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$905.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$760.80M	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`	$1.66B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.83B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$385.34M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$332.47M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.09B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.79B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.99B	USD	2 Qtrs
Revenues	`Revenues`	$2.13B	USD	1 Quarter
Revenues	`Revenues`	$3.66B	USD	2 Qtrs
Revenues	`Revenues`	$1.85B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.61B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.54B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.37B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.21B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.05B	USD	2 Qtrs
Gross profit	`GrossProfit`	$772.76M	USD	2 Qtrs
Gross profit	`GrossProfit`	$477.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$595.53M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$266.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$314.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$598.11M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$484.31M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$5.54M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$10.21M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$10.36M	USD	2 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$6.32M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$298.66M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$458.15M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$216.78M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$287.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-536.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.11M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.67M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-448.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$298.13M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$285.99M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$456.48M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$216.34M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$44.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$59.87M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$60.48M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$96.08M	USD	2 Qtrs
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$360.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$238.26M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$54.54M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.07M	USD	2 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.03M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.95M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$144.10M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$199.19M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$305.86M	USD	2 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$192.56M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$7.86	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$4.94	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.16	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$3.73	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.71	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$4.93	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$7.83	USD	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$360.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$238.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.88M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$14.96M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$12.35M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$465.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.14M	USD	2 Qtrs
Deferred income tax Provision	`DeferredIncomeTaxExpenseBenefit`	$2.12M	USD	2 Qtrs
Deferred income tax Provision	`DeferredIncomeTaxExpenseBenefit`	$4.10M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$5.54M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$10.21M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$10.36M	USD	2 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$6.32M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-5.68M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-6.85M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$289.48M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$283.08M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$366.36M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$173.54M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$332.22M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$282.85M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.23M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$73.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$81.88M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.01M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.95M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$126.55M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$111.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	2 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$5.99M	USD	2 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-131.46M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.89M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$143.91M	USD	2 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$161.48M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.18M	USD	2 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$1.44M	USD	2 Qtrs
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$966.00K	USD	2 Qtrs
Proceeds from non-controlling interest for investment in TEC Distribution LLC	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Proceeds from non-controlling interest for investment in TEC Distribution LLC	`ProceedsFromMinorityShareholders`	$21.04M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$114.17M	USD	2 Qtrs
Net proceeds under revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$114.60M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.23M	USD	2 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.69M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.27M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-981.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.28M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.13M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.78M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-49.28M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$129.05M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$96.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$129.05M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$96.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Common stock issued for Acme Refrigeration of Baton Rouge LLC	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$2.55M	USD	2 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.77	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.95	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.20	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$1.95	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$360.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$238.26M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.76M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.99M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.78M	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$5.15M	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00K	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$6.74M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$3.87M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$5.68M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$3.81M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$4.42M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$863.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.18M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.67M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.66M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.99M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.57M	USD	1 Quarter
Common stock issued for Acme Refrigeration of Baton Rouge LLC	`StockIssuedDuringPeriodValueAcquisitions1`	$2.55M	USD	1 Quarter
Investment in TEC Distribution LLC	`ContributionFromNonControllingInterestForInvestmentInUnconsolidatedEntity`	$-21.04M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$75.39M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$75.80M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$68.52M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$85.69M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$360.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$238.26M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.38M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.02M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.47M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	-	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$70.00K	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	-	USD	1 Quarter
Unrealized (loss) gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-6.00K	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$-22.00K	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	-	USD	1 Quarter
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	-	USD	2 Qtrs
Reclassification of (gain) loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$221.00K	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-9.38M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$7.76M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.99M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.12M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$246.02M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$355.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$216.12M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$52.87M	USD	2 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.37M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.83M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$41.71M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$204.32M	USD	2 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$186.29M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$146.75M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$302.52M	USD	2 Qtrs

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