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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2013
Schedule of Unaudited Pro Forma Financial Information from Joint Venture | The unaudited pro forma financial information, combining our results of operations with the operations of Carrier Enterprise II and Carrier Enterprise III as if the joint ventures had been formed on January 1, 2011, is as follows:
Years ended December 31, |  | 2012 |  |  | 2011 |
Revenues |  | $ | 3,526,621 |  |  | $ | 3,404,381 |
Net income |  |  | 156,728 |  |  |  | 159,147 |
Less: net income attributable to noncontrolling interest |  |  | 54,153 |  |  |  | 60,380 |
Net income attributable to Watsco, Inc. |  | $ | 102,575 |  |  | $ | 98,767 |
Diluted earnings per share for Common and Class B common stock |  | $ | 2.64 |  |  | $ | 2.89 |
Carrier Enterprise II |
Purchase Price Allocation for Joint Venture | The table below presents the allocation of the total consideration to tangible and intangible assets acquired, liabilities assumed and the noncontrolling interest from the acquisition of our 60% controlling interest in the joint venture based on the respective fair values as of April 29, 2011:
Cash |  | $ | 5 |
Accounts receivable |  |  | 24,300 |
Inventories |  |  | 39,003 |
Other current assets |  |  | 773 |
Property and equipment |  |  | 4,402 |
Goodwill |  |  | 12,357 |
Intangibles |  |  | 20,600 |
Other assets |  |  | 202 |
Accounts payable and accrued expenses |  |  | (22,894 | )
Noncontrolling interest |  |  | (29,519 | )
Total purchase price |  | $ | 49,229 |
Carrier Enterprise III |
Purchase Price Allocation for Joint Venture | The table below presents the allocation of the total consideration to tangible and intangible assets acquired, liabilities assumed and the noncontrolling interest from the acquisition of our 60% controlling interest in Carrier Enterprise III based on the respective fair values as of April 27, 2012:
Cash |  | $ | 10 |
Accounts receivable |  |  | 46,718 |
Inventories |  |  | 55,024 |
Other current assets |  |  | 481 |
Property and equipment |  |  | 2,517 |
Goodwill |  |  | 65,291 |
Intangible assets |  |  | 151,172 |
Other assets |  |  | 978 |
Accounts payable and accrued expenses |  |  | (44,208 | )
Noncontrolling interest |  |  | (104,244 | )
Total purchase price |  | $ | 173,739 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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