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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Income        
Revenues $ 883,548 $ 864,805 $ 1,417,887 $ 1,374,560
Cost of sales 670,357 663,736 1,069,710 1,050,887
Gross profit 213,191 201,069 348,177 323,673
Selling, general and administrative expenses 137,662 130,150 255,938 243,889
Operating income 75,529 70,919 92,239 79,784
Interest expense, net 997 894 1,819 1,791
Income before income taxes 74,532 70,025 90,420 77,993
Income taxes 22,260 21,818 27,026 24,311
Net income 52,272 48,207 63,394 53,682
Less: net income attributable to noncontrolling interest 16,249 13,162 19,871 14,804
Net income attributable to Watsco, Inc. $ 36,023 $ 35,045 $ 43,523 $ 38,878
Earnings per share for Common and Class B common stock:        
Basic $ 1.09 $ 1.08 $ 1.33 $ 1.20
Diluted $ 1.09 $ 1.08 $ 1.32 $ 1.20