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Condensed Consolidated Unaudited Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues $ 1,120,452 $ 1,011,801 $ 1,834,085 $ 1,645,313
Cost of sales 853,772 773,326 1,391,959 1,256,216
Gross profit 266,680 238,475 442,126 389,097
Selling, general and administrative expenses 161,595 152,604 306,487 283,317
Operating income 105,085 85,871 135,639 105,780
Interest expense, net 1,688 1,350 2,870 2,238
Income before income taxes 103,397 84,521 132,769 103,542
Income taxes 30,815 23,620 39,098 29,148
Net income 72,582 60,901 93,671 74,394
Less: net income attributable to noncontrolling interest 21,264 21,798 28,968 26,824
Net income attributable to Watsco, Inc. $ 51,318 $ 39,103 $ 64,703 $ 47,570
Earnings per share for Common and Class B common stock:        
Basic $ 1.48 $ 1.15 $ 1.87 $ 1.42
Diluted $ 1.48 $ 1.15 $ 1.87 $ 1.41