XML 75 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Selected Quarterly Financial Data (Schedule Of Selected Quarterly Financial Data) (Details) (USD $)
In Thousands, except Per 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
Selected Quarterly Financial Data [Abstract]                      
Revenues $ 645,833 [1] $ 914,039 [1] $ 883,548 [1] $ 534,339 [1] $ 657,248 [1] $ 812,787 [1] $ 864,805 [1] $ 509,755 [1] $ 2,977,759 [1] $ 2,844,595 [1] $ 2,001,815
Gross profit 160,710 219,407 213,191 134,986 154,027 195,541 201,069 122,604 728,294 673,241 480,832
Net income attributable to Watsco, Inc. $ 13,380 $ 33,547 $ 36,023 $ 7,500 $ 10,445 $ 31,437 $ 35,045 $ 3,833 $ 90,450 $ 80,760 $ 43,314
Basic $ 0.39 [2] $ 1.02 [2] $ 1.09 [2] $ 0.21 [2] $ 0.31 [2] $ 0.97 [2] $ 1.08 [2] $ 0.10 [2] $ 2.75 [2] $ 2.49 [2] $ 1.42
Diluted $ 0.39 [2] $ 1.02 [2] $ 1.09 [2] $ 0.21 [2] $ 0.31 [2] $ 0.97 [2] $ 1.08 [2] $ 0.10 [2] $ 2.74 [2] $ 2.49 [2] $ 1.40
[1] Sales of residential central air conditioners, heating equipment and parts and supplies are seasonal. Demand related to the residential central air conditioning replacement market is typically highest in the second and third quarters and demand for heating equipment is usually highest in the fourth quarter. Demand related to the new construction sectors throughout most of the markets is fairly consistent during the year, except for dependence on housing completions and related weather and economic conditions.
[2] 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.