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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Schedule Of Basic And Diluted Earnings Per Common Share


*Years Ended December 31,*		2011				2010				2009
Basic Earnings per Share:
Net income attributable to Watsco, Inc. shareholders		$	90,450			$	80,760			$	43,314
Less: distributed and undistributed earnings allocated to non-vested (restricted) common stock			6,045				4,775				3,320

Earnings allocated to Watsco, Inc. shareholders		$	84,405			$	75,985			$	39,994

Weighted-average Common and Class B common shares outstanding for basic earnings per share			30,678,206				30,467,212				28,223,275
Basic earnings per share for Common and Class B common stock		$	2.75			$	2.49			$	1.42
Allocation of earnings for Basic:
Common stock		$	76,574			$	68,856			$	35,963
Class B common stock			7,831				7,129				4,031

		$	84,405			$	75,985			$	39,994

Diluted Earnings per Share:
Net income attributable to Watsco, Inc. shareholders		$	90,450			$	80,760			$	43,314
Less: distributed and undistributed earnings allocated to non-vested (restricted) common stock			6,042				4,772				3,320

Earnings allocated to Watsco, Inc. shareholders		$	84,408			$	75,988			$	39,994

Weighted-average Common and Class B common shares outstanding for basic earnings per share			30,678,206				30,467,212				28,223,275
Effect of dilutive stock options			75,085				111,396				298,162

Weighted-average Common and Class B common shares outstanding for diluted earnings per share			30,753,291				30,578,608				28,521,437

Diluted earnings per share for Common and Class B common stock		$	2.74			$	2.49			$	1.40