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10-Q Filing

WATSCO INC CIK: 105016 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001193125-24-130664
Period End Date 20240331
Filing Date 20240503
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance d506308d10q_htm.xml
Balance Sheet 136 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
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 $278.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $278.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $210.11M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $210.11M USD Point-in-time
Short-term cash investments ShortTermInvestments $200.00M USD Point-in-time
Short-term cash investments ShortTermInvestments $200.00M USD Point-in-time
Short-term cash investments ShortTermInvestments - USD Point-in-time
Short-term cash investments ShortTermInvestments - USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $832.12M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $832.12M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $797.83M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $797.83M USD Point-in-time
Inventories, net InventoryNet $1.35B USD Point-in-time
Inventories, net InventoryNet $1.35B USD Point-in-time
Inventories, net InventoryNet $1.66B USD Point-in-time
Inventories, net InventoryNet $1.66B USD Point-in-time
Other current assets OtherAssetsCurrent $36.70M USD Point-in-time
Other current assets OtherAssetsCurrent $36.70M USD Point-in-time
Other current assets OtherAssetsCurrent $31.75M USD Point-in-time
Other current assets OtherAssetsCurrent $31.75M USD Point-in-time
Total current assets AssetsCurrent $3.00B USD Point-in-time
Total current assets AssetsCurrent $3.00B USD Point-in-time
Total current assets AssetsCurrent $2.39B USD Point-in-time
Total current assets AssetsCurrent $2.39B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $136.23M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $136.23M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $138.49M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $138.49M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $368.75M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $368.75M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $383.43M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $383.43M USD Point-in-time
Goodwill Goodwill $459.44M USD Point-in-time
Goodwill Goodwill $459.44M USD Point-in-time
Goodwill Goodwill $457.15M USD Point-in-time
Goodwill Goodwill $457.15M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $218.15M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $218.15M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $214.06M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $214.06M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $151.70M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $151.70M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $146.24M USD Point-in-time
Investment in unconsolidated entity EquityMethodInvestments $146.24M USD Point-in-time
Other assets OtherAssetsNoncurrent $11.63M USD Point-in-time
Other assets OtherAssetsNoncurrent $11.63M USD Point-in-time
Other assets OtherAssetsNoncurrent $10.74M USD Point-in-time
Other assets OtherAssetsNoncurrent $10.74M USD Point-in-time
Total assets Assets $3.73B USD Point-in-time
Total assets Assets $3.73B USD Point-in-time
Total assets Assets $4.36B USD Point-in-time
Total assets Assets $4.36B USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $100.27M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $100.27M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $102.90M USD Point-in-time
Current portion of lease liabilities LongTermDebtAndCapitalLeaseObligationsCurrent $102.90M USD Point-in-time
Accounts payable AccountsPayableCurrent $369.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $369.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $687.64M USD Point-in-time
Accounts payable AccountsPayableCurrent $687.64M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $242.35M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $242.35M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $235.59M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $235.59M USD Point-in-time
Total current liabilities LiabilitiesCurrent $712.01M USD Point-in-time
Total current liabilities LiabilitiesCurrent $712.01M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.03B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.03B USD Point-in-time
Borrowings under revolving credit agreement LongTermLineOfCredit $15.40M USD Point-in-time
Borrowings under revolving credit agreement LongTermLineOfCredit $15.40M USD Point-in-time
Borrowings under revolving credit agreement LongTermLineOfCredit - USD Point-in-time
Borrowings under revolving credit agreement LongTermLineOfCredit - USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $290.95M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $290.95M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $276.91M USD Point-in-time
Operating lease liabilities, net of current portion OperatingLeaseLiabilitiesNetOfCurrentPortion $276.91M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $12.21M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $12.21M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $15.36M USD Point-in-time
Finance lease liabilities, net of current portion FinanceLeaseLiabilityNoncurrent $15.36M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $304.53M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $304.53M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $306.31M USD Point-in-time
Total long-term obligations LongTermDebtAndCapitalLeaseObligations $306.31M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $96.45M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $96.45M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $97.11M USD Point-in-time
Deferred income taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $97.11M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - 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
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 $1.15B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.15B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.45B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.45B USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-47.87M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-47.87M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-42.33M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-42.33M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.17B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.17B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.81M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $73.81M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.63M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.63M USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.53B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.53B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.23B USD Point-in-time
Total Watsco, Inc. shareholders' equity StockholdersEquity $2.23B USD Point-in-time
Non-controlling interest MinorityInterest $401.15M USD Point-in-time
Non-controlling interest MinorityInterest $401.15M USD Point-in-time
Non-controlling interest MinorityInterest $386.35M USD Point-in-time
Non-controlling interest MinorityInterest $386.35M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.36B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.36B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $3.73B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $3.73B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Revenues Revenues $1.56B USD 1 Quarter
Revenues Revenues $1.56B USD 1 Quarter
Revenues Revenues $1.55B USD 1 Quarter
Revenues Revenues $1.55B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.13B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.13B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.10B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.10B USD 1 Quarter
Gross profit GrossProfit $430.62M USD 1 Quarter
Gross profit GrossProfit $430.62M USD 1 Quarter
Gross profit GrossProfit $448.16M USD 1 Quarter
Gross profit GrossProfit $448.16M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $287.06M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $287.06M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $309.55M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $309.55M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $3.64M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $3.64M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other income IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Operating income OperatingIncomeLoss $126.54M USD 1 Quarter
Operating income OperatingIncomeLoss $126.54M USD 1 Quarter
Operating income OperatingIncomeLoss $164.74M USD 1 Quarter
Operating income OperatingIncomeLoss $164.74M USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNet $-615.00K USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNet $-615.00K USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNet $2.47M USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNet $2.47M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $164.12M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $164.12M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $129.01M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $129.01M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $24.75M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $24.75M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $33.75M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $33.75M USD 1 Quarter
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $17.26M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $17.26M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $20.30M USD 1 Quarter
Less: net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $20.30M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $110.07M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $110.07M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $87.00M USD 1 Quarter
Net income attributable to Watsco, Inc. NetIncomeLoss $87.00M USD 1 Quarter
Basic EarningsPerShareBasic $2.84 USD 1 Quarter
Basic EarningsPerShareBasic $2.84 USD 1 Quarter
Basic EarningsPerShareBasic $2.17 USD 1 Quarter
Basic EarningsPerShareBasic $2.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.83 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.83 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.17 USD 1 Quarter
Cash Flow Statement 132 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.18M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.18M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.88M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.88M USD 1 Quarter
Share-based compensation ShareBasedCompensation $6.70M USD 1 Quarter
Share-based compensation ShareBasedCompensation $6.70M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.13M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.13M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.86M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.86M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.73M USD 1 Quarter
Non-cash contribution to 401(k) plan NonCashContributionTo401KPlan $8.73M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $1.04M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $1.04M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $862.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $862.00K USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $3.64M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $3.64M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other income from investment in unconsolidated entity IncomeLossFromEquityMethodInvestments $5.46M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.25M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.25M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.16M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.16M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $64.69M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $64.69M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $33.50M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $33.50M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $240.76M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $240.76M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $307.22M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $307.22M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $315.09M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $315.09M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $101.81M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $101.81M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-3.54M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-3.54M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.69M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.69M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-47.42M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-47.42M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $103.71M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $103.71M USD 1 Quarter
Purchases of short-term cash investments PaymentsToAcquireShortTermInvestments $200.00M USD 1 Quarter
Purchases of short-term cash investments PaymentsToAcquireShortTermInvestments $200.00M USD 1 Quarter
Purchases of short-term cash investments PaymentsToAcquireShortTermInvestments - USD 1 Quarter
Purchases of short-term cash investments PaymentsToAcquireShortTermInvestments - USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.84M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.84M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $7.50M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $7.50M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.18M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.18M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $2.99M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $2.99M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $56.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $56.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $58.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $58.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-210.97M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-210.97M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-10.44M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-10.44M USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock - USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock - USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock $281.78M USD 1 Quarter
Net proceeds from the sale of Common stock ProceedsFromSaleOfTreasuryStock $281.78M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $10.62M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $10.62M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $8.75M USD 1 Quarter
Net proceeds from issuances of Common stock under employee related plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans $8.75M USD 1 Quarter
Net repayments under prior revolving credit agreement RepaymentsOfLongTermLinesOfCredit $56.40M USD 1 Quarter
Net repayments under prior revolving credit agreement RepaymentsOfLongTermLinesOfCredit $56.40M USD 1 Quarter
Net repayments under prior revolving credit agreement RepaymentsOfLongTermLinesOfCredit - USD 1 Quarter
Net repayments under prior revolving credit agreement RepaymentsOfLongTermLinesOfCredit - USD 1 Quarter
Payment of fees related to revolving credit agreement PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Payment of fees related to revolving credit agreement PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Payment of fees related to revolving credit agreement PaymentsOfDebtIssuanceCosts $580.00K USD 1 Quarter
Payment of fees related to revolving credit agreement PaymentsOfDebtIssuanceCosts $580.00K USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $2.22M USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $2.22M USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $442.00K USD 1 Quarter
Repurchases of common stock to satisfy employee withholding tax obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $442.00K USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.40M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $1.40M USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $880.00K USD 1 Quarter
Net repayments of finance lease liabilities NetRepaymentsOfFinanceLeaseLiabilities $880.00K USD 1 Quarter
Net (repayments) proceeds under current revolving credit agreement ProceedsFromRepaymentsOfLinesOfCredit $197.60M USD 1 Quarter
Net (repayments) proceeds under current revolving credit agreement ProceedsFromRepaymentsOfLinesOfCredit $197.60M USD 1 Quarter
Net (repayments) proceeds under current revolving credit agreement ProceedsFromRepaymentsOfLinesOfCredit $-15.40M USD 1 Quarter
Net (repayments) proceeds under current revolving credit agreement ProceedsFromRepaymentsOfLinesOfCredit $-15.40M USD 1 Quarter
Dividends on Common and Class B common stock PaymentsOfDividendsCommonStock $94.97M USD 1 Quarter
Dividends on Common and Class B common stock PaymentsOfDividendsCommonStock $94.97M USD 1 Quarter
Dividends on Common and Class B common stock PaymentsOfDividendsCommonStock $96.77M USD 1 Quarter
Dividends on Common and Class B common stock PaymentsOfDividendsCommonStock $96.77M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $51.30M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $51.30M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $178.40M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $178.40M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.00K USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.00K USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-2.39M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-2.39M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-6.55M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-6.55M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $68.75M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $68.75M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $147.50M 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 $140.96M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $140.96M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M 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 $147.50M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $140.96M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $140.96M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $278.86M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $210.11M USD Point-in-time
Common stock issued for Commercial Specialists, Inc. BusinessCombinationStockIssuedForCommercialSpecialistsInc $752.00K USD 1 Quarter
Common stock issued for Commercial Specialists, Inc. BusinessCombinationStockIssuedForCommercialSpecialistsInc $752.00K USD 1 Quarter
Common stock issued for Commercial Specialists, Inc. BusinessCombinationStockIssuedForCommercialSpecialistsInc - USD 1 Quarter
Common stock issued for Commercial Specialists, Inc. BusinessCombinationStockIssuedForCommercialSpecialistsInc - USD 1 Quarter
Stockholders Equity 54 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 $2.45 USD 1 Quarter
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.45 USD 1 Quarter
Cash dividends declared and paid, common stock CommonStockDividendsPerShareDeclared $2.45 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $260.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $260.00K USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.73M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.73M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.86M USD 1 Quarter
Common stock contribution to 401(k) plan StockIssuedDuringPeriodValueEmployeeBenefitPlan $8.86M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $10.75M USD 1 Quarter
Stock issuances from exercise of stock options and employee stock purchase plan StockIssuancesFromExerciseOfStockOptionsAndEmployeeStockPurchasePlanValue $10.75M 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 $12.98M USD 1 Quarter
Issuance of Class B common stock StockIssuedDuringPeriodValueNewIssues $200.00K USD 1 Quarter
Issuance of Class B common stock StockIssuedDuringPeriodValueNewIssues $200.00K USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $565.00K USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $565.00K USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $6.45M USD 1 Quarter
Retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $6.45M USD 1 Quarter
Net proceeds from the sale of Common stock StockIssuedDuringPeriodValueTreasuryStockReissued $281.75M USD 1 Quarter
Net proceeds from the sale of Common stock StockIssuedDuringPeriodValueTreasuryStockReissued $281.75M USD 1 Quarter
Common stock issued for Commercial Specialists, Inc. StockIssuedDuringPeriodValueAcquisitions $752.00K USD 1 Quarter
Common stock issued for Commercial Specialists, Inc. StockIssuedDuringPeriodValueAcquisitions $752.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.76M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.76M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.47M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.47M USD 1 Quarter
Cash dividends declared and paid on Common and Class B common stock DividendsCommonStockCash $96.77M USD 1 Quarter
Cash dividends declared and paid on Common and Class B common stock DividendsCommonStockCash $96.77M 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 $94.97M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.93B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.62B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $130.37M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Net income ProfitLoss $104.26M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $260.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $260.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-8.00M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $260.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $260.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $130.63M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $130.63M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.26M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.26M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.80M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.80M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.39M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.39M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $81.47M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $81.47M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $110.24M USD 1 Quarter
Comprehensive income attributable to Watsco, Inc. ComprehensiveIncomeNetOfTax $110.24M USD 1 Quarter

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

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