10-Q Filing

WATSCO INC CIK: 105016 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-270352`
Period End Date	20230930
Filing Date	20231103
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	d585205d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 60 Cash Flow Statement 72 Stockholders Equity 77 Comprehensive Income 32

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`	$175.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$147.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$949.32M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$747.11M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.55B	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.37B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.95M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$56.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.30B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.73B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$125.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$134.08M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$362.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$317.31M	USD	Point-in-time
Goodwill	`Goodwill`	$491.52M	USD	Point-in-time
Goodwill	`Goodwill`	$430.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.19M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$172.47M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$137.60M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$132.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.03M	USD	Point-in-time
Total assets	`Assets`	$4.04B	USD	Point-in-time
Total assets	`Assets`	$3.49B	USD	Point-in-time
Current portion of lease liabilities	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$90.60M	USD	Point-in-time
Current portion of lease liabilities	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$98.51M	USD	Point-in-time
Borrowings under revolving credit agreement	`LinesOfCreditCurrent`	$56.40M	USD	Point-in-time
Borrowings under revolving credit agreement	`LinesOfCreditCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$456.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$509.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$303.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$279.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$906.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$887.63M	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	-	USD	Point-in-time
Borrowings under revolving credit agreement	`LongTermLineOfCredit`	$105.60M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$232.14M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilitiesNetOfCurrentPortion`	$272.15M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$11.39M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$12.59M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$243.53M	USD	Point-in-time
Total long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$390.34M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$95.34M	USD	Point-in-time
Deferred income taxes and other liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$89.88M	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`	$973.06M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.14B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.71M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.03B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.20B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$87.44M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$86.63M	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$1.89B	USD	Point-in-time
Total Watsco, Inc. shareholders' equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$359.04M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$441.75M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.49B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.04B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.13B	USD	1 Quarter
Revenues	`Revenues`	$5.69B	USD	3 Qtrs
Revenues	`Revenues`	$5.68B	USD	3 Qtrs
Revenues	`Revenues`	$2.04B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.56B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.10B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.48B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.10B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.60B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.58B	USD	3 Qtrs
Gross profit	`GrossProfit`	$550.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$566.95M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$321.52M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$911.05M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$919.63M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$319.83M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$20.38M	USD	3 Qtrs
Other income	`IncomeLossFromEquityMethodInvestments`	$9.51M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$6.93M	USD	1 Quarter
Other income	`IncomeLossFromEquityMethodInvestments`	$17.29M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$687.06M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$236.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$694.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$256.62M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-5.92M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-483.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.15M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$681.14M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$254.73M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$692.25M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$235.77M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$54.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$49.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$144.74M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$145.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$130.37M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$200.62M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Net income	`ProfitLoss`	$205.40M	USD	1 Quarter
Net income	`ProfitLoss`	$536.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$29.67M	USD	1 Quarter
Less: net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$83.07M	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`	$82.61M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$463.50M	USD	3 Qtrs
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$170.95M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$157.64M	USD	1 Quarter
Net income attributable to Watsco, Inc.	`NetIncomeLoss`	$453.79M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$4.36	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$11.90	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$11.64	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$4.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$11.86	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$11.60	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$4.35	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$130.37M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$200.62M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Net income	`ProfitLoss`	$205.40M	USD	1 Quarter
Net income	`ProfitLoss`	$536.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.41M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.44M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$22.02M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$20.79M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$6.75M	USD	3 Qtrs
Non-cash contribution to 401(k) plan	`NonCashContributionTo401KPlan`	$8.86M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$5.89M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$6.31M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$20.38M	USD	3 Qtrs
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$9.51M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$6.93M	USD	1 Quarter
Other income from investment in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$17.29M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.84M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-5.67M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$170.75M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$184.11M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$276.65M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$143.75M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.61M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$212.83M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.22M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$263.34M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$358.88M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.50M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.53M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.83M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.28M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$167.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.05M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.41M	USD	3 Qtrs
Net proceeds under current revolving credit agreement	`ProceedsFromLinesOfCredit`	$105.60M	USD	3 Qtrs
Net proceeds under current revolving credit agreement	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Net proceeds from issuances of Common stock under employee-related plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$16.64M	USD	3 Qtrs
Net proceeds from issuances of Common stock under employee-related plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$20.37M	USD	3 Qtrs
Net proceeds from the sale of Common stock	`NetProceedsFromTheSaleOfCommonStock`	$15.18M	USD	3 Qtrs
Net proceeds from the sale of Common stock	`NetProceedsFromTheSaleOfCommonStock`	-	USD	3 Qtrs
Payment of fees related to revolving credit agreement	`PaymentsOfDebtIssuanceCosts`	$837.00K	USD	3 Qtrs
Payment of fees related to revolving credit agreement	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Repurchases of common stock to satisfy employee withholding tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	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	`NetRepaymentsOfFinanceLeaseLiabilities`	$2.21M	USD	3 Qtrs
Net repayments of finance lease liabilities	`NetRepaymentsOfFinanceLeaseLiabilities`	$2.79M	USD	3 Qtrs
Net repayments under prior revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$56.40M	USD	3 Qtrs
Net repayments under prior revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$80.20M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$286.12M	USD	3 Qtrs
Dividends on Common and Class B common stock	`PaymentsOfDividendsCommonStock`	$247.24M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-207.64M	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`	$-5.03M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-133.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.96M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.52M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$175.02M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$175.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.27M	USD	Point-in-time
Common stock issued for Gateway Supply Company, Inc.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	3 Qtrs
Common stock issued for Gateway Supply Company, Inc.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$102.34M	USD	3 Qtrs

Stockholders Equity 77 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.45	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.20	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.45	USD	1 Quarter
Cash dividends declared and paid, common stock	`CommonStockDividendsPerShareDeclared`	$2.45	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`	$2.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Net income	`ProfitLoss`	$130.37M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$200.62M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Net income	`ProfitLoss`	$205.40M	USD	1 Quarter
Net income	`ProfitLoss`	$536.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.97M	USD	1 Quarter
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`	$-19.09M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$260.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.12M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$409.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-24.09M	USD	3 Qtrs
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuances of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Forfeitures of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeitures of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeitures of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeitures of restricted shares of common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00K	USD	1 Quarter
Common stock contribution to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.86M	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`	$8.66M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$6.63M	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`	$12.98M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$5.64M	USD	1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan	`StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue`	$4.42M	USD	1 Quarter
Issuance of Class B common stock	`StockIssuedDuringPeriodValueNewIssues`	$200.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$549.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$595.00K	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.45M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.18M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$467.00K	USD	1 Quarter
Common stock issued for Gateway Supply Company, Inc.	`StockIssuedDuringPeriodValueAcquisitions`	$102.34M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.67M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.94M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.83M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.26M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.99M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.76M	USD	1 Quarter
Net proceeds from the sale of Common stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$14.80M	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`	$94.97M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$95.44M	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`	$85.69M	USD	1 Quarter
Cash dividends declared and paid on Common and Class B common stock	`DividendsCommonStockCash`	$95.71M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$130.37M	USD	1 Quarter
Net income	`ProfitLoss`	$225.51M	USD	1 Quarter
Net income	`ProfitLoss`	$186.17M	USD	1 Quarter
Net income	`ProfitLoss`	$200.62M	USD	1 Quarter
Net income	`ProfitLoss`	$546.57M	USD	3 Qtrs
Net income	`ProfitLoss`	$205.40M	USD	1 Quarter
Net income	`ProfitLoss`	$536.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$134.89M	USD	1 Quarter
Other comprehensive (loss) income, net of tax Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.09M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.09M	USD	1 Quarter
Other comprehensive (loss) income, net of tax Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.97M	USD	1 Quarter
Other comprehensive (loss) income, net of tax Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$409.00K	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.97M	USD	1 Quarter
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`	$-19.09M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$260.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$7.12M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$409.00K	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-24.09M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$536.81M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$193.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$167.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$522.48M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$82.71M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.35M	USD	1 Quarter
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
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$145.04M	USD	1 Quarter
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$454.10M	USD	3 Qtrs
Comprehensive income attributable to Watsco, Inc.	`ComprehensiveIncomeNetOfTax`	$166.31M	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.