XML 19 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Common Share) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Net income attributable to Watsco, Inc. shareholders $ 13,380 $ 33,547 $ 36,023 $ 7,500 $ 10,445 $ 31,437 $ 35,045 $ 3,833 $ 90,450 $ 80,760 $ 43,314
Less: distributed and undistributed earnings allocated to non-vested (restricted) common stock - basic                 6,045 4,775 3,320
Earnings allocated to Watsco, Inc. shareholders - basic                 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 $ 0.39 [1] $ 1.02 [1] $ 1.09 [1] $ 0.21 [1] $ 0.31 [1] $ 0.97 [1] $ 1.08 [1] $ 0.10 [1] $ 2.75 [1] $ 2.49 [1] $ 1.42
Less: distributed and undistributed earnings allocated to non-vested (restricted) common stock                 6,042 4,772 3,320
Earnings allocated to Watsco, Inc. shareholders - diluted                 84,408 75,988 39,994
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 $ 0.39 [1] $ 1.02 [1] $ 1.09 [1] $ 0.21 [1] $ 0.31 [1] $ 0.97 [1] $ 1.08 [1] $ 0.10 [1] $ 2.74 [1] $ 2.49 [1] $ 1.40
Common Stock [Member]
                      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Earnings allocated to Watsco, Inc. shareholders - basic                 76,574 68,856 35,963
Class B Common Stock [Member]
                      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Earnings allocated to Watsco, Inc. shareholders - basic                 $ 7,831 $ 7,129 $ 4,031
[1] Quarterly and year-to-date earnings per share are calculated on an individual basis; therefore, the sum of earnings per share amounts for the quarters may not equal earnings per share amounts for the year.