10-Q Filing

WATSCO INC CIK: 105016 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-276863`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	d403104d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 60 Cash Flow Statement 70 Stockholders Equity 66 Comprehensive Income 40

Balance Sheet 72 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`	$118.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.23M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$859.58M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$698.46M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.39B	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.12B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.21M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.41B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$121.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.02M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$312.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$268.53M	USD	Point-in-time
Goodwill	`Goodwill`	$430.23M	USD	Point-in-time
Goodwill	`Goodwill`	$434.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$174.98M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$186.90M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$114.81M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$127.42M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.19M	USD	Point-in-time
Total assets	`Assets`	$3.09B	USD	Point-in-time
Total assets	`Assets`	$3.58B	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$89.24M	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`	$474.27M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$278.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$376.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$726.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$939.52M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$8.80M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$89.00M	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`	$227.56M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$10.76M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$9.19M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$247.13M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$285.21M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$81.78M	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
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`	$1.00B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.05B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.11M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.10M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$977.05M	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`	$1.91B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$332.47M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$407.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	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 liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.09B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.58B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$4.77B	USD	3 Qtrs
Revenues	`Revenues`	$2.04B	USD	1 Quarter
Revenues	`Revenues`	$1.78B	USD	1 Quarter
Revenues	`Revenues`	$5.69B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$4.10B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.30B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.48B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.51B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.26B	USD	3 Qtrs
Gross profit	`GrossProfit`	$550.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.60B	USD	3 Qtrs
Gross profit	`GrossProfit`	$482.66M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$766.23M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$281.92M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$919.63M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$321.52M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$16.27M	USD	3 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$6.06M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$17.29M	USD	3 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$6.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$694.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$206.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$505.46M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$236.25M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.15M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-221.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-757.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-483.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$206.58M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$504.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$692.25M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$235.77M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$41.73M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$145.68M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$101.60M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$49.60M	USD	1 Quarter
Net income	`ProfitLoss`	$403.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$164.84M	USD	1 Quarter
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$63.05M	USD	3 Qtrs
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.53M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.98M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$83.07M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$157.64M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$340.06M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$463.50M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$140.87M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$8.80	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$11.90	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.62	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$8.75	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$11.86	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$403.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$164.84M	USD	1 Quarter
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.44M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.87M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$22.02M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$18.66M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$5.15M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$6.75M	USD	3 Qtrs
Deferred income tax Provision	`ProvisionForDoubtfulAccounts`	$6.31M	USD	3 Qtrs
Deferred income tax Provision	`ProvisionForDoubtfulAccounts`	$3.97M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$16.27M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$6.06M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$17.29M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$6.93M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-5.67M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.97M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$170.75M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$198.01M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$276.65M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$170.66M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$263.75M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$212.83M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$12.87M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$358.88M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$319.67M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.77M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.53M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$129.46M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.00K	USD	3 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	-	USD	3 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$5.99M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$167.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$108.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.13M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$219.44M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$247.24M	USD	3 Qtrs
Net (repayments) proceeds under revolving credit agreement	`NetRepaymentsOfFinanceLeaseLiabilities`	$80.20M	USD	3 Qtrs
Net (repayments) proceeds under revolving credit agreement	`NetRepaymentsOfFinanceLeaseLiabilities`	$-1.72M	USD	3 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$894.00K	USD	3 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.47M	USD	3 Qtrs
Net repayments of finance lease liabilities	`PaymentsOfDebtIssuanceCosts`	$2.21M	USD	3 Qtrs
Net repayments of finance lease liabilities	`PaymentsOfDebtIssuanceCosts`	$1.48M	USD	3 Qtrs
Payment of fees related to revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	$-22.00K	USD	3 Qtrs
Payment of fees related to revolving credit agreement	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Proceeds from non-controlling interest for investment in TEC Distribution LLC	`ProceedsFromMinorityShareholders`	$21.04M	USD	3 Qtrs
Proceeds from non-controlling interest for investment in TEC Distribution LLC	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.17M	USD	3 Qtrs
Net proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$16.64M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-187.90M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-315.48M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-506.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.03M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.96M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.87M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$137.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$130.23M	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`	$137.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$130.23M	USD	Point-in-time

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
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
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`	$1.95	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.20	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Net income	`ProfitLoss`	$403.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$164.84M	USD	1 Quarter
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-19.09M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.99M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.22M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-455.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.78M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-24.09M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00K	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$5.15M	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`	$4.42M	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`	$2.49M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$8.66M	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`	$5.68M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.18M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$894.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$549.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$863.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.66M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.57M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.67M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.31M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.99M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.94M	USD	1 Quarter
Common stock issued for Acme Refrigeration of Baton Rouge LLC	`StockIssuedDuringPeriodValueAcquisitions1`	$997.00K	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`	$75.53M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$85.76M	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`	$85.69M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$68.52M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.80B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$403.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Net income	`ProfitLoss`	$164.84M	USD	1 Quarter
Net income	`ProfitLoss`	$172.13M	USD	1 Quarter
Net income	`ProfitLoss`	$66.13M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.22M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-746.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.09M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.09M	USD	3 Qtrs
Unrealized gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	-	USD	1 Quarter
Unrealized gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	-	USD	1 Quarter
Unrealized gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$70.00K	USD	3 Qtrs
Unrealized gain on cash flow hedging instruments	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	-	USD	3 Qtrs
Reclassification of loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	-	USD	1 Quarter
Reclassification of loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	-	USD	1 Quarter
Reclassification of loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	$221.00K	USD	3 Qtrs
Reclassification of loss on cash flow hedging instruments into earnings	`DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet`	-	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-19.09M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-9.38M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$3.99M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-8.22M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-455.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$3.78M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-24.09M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$167.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$156.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$402.65M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$522.48M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$62.82M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.04M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$74.91M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.11M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$135.51M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$339.83M	USD	3 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$145.04M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$447.56M	USD	3 Qtrs

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