XML 25 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Condensed Consolidated Statements Of Income [Abstract]    
Revenues $ 633,512 $ 534,339
Cost of sales 482,890 399,353
Gross profit 150,622 134,986
Selling, general and administrative expenses 130,713 118,276
Operating income 19,909 16,710
Interest expense, net 888 822
Income before income taxes 19,021 15,888
Income taxes 5,529 4,766
Net income 13,492 11,122
Less: net income attributable to noncontrolling interest 5,026 3,622
Net income attributable to Watsco, Inc. $ 8,466 $ 7,500
Earnings per share for Common and Class B common stock:    
Basic $ 0.23 $ 0.21
Diluted $ 0.23 $ 0.21