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Condensed Consolidated Unaudited Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net income $ 90,847 $ 81,424 $ 124,615 $ 115,598
Other comprehensive income, net of tax        
Foreign currency translation adjustment 5,770 1,193 7,925 14,886
Unrealized gain (loss) on cash flow hedging instruments 222 (1,082) (87) (1,875)
Reclassification of (gain) loss on cash flow hedging instruments into earnings (683) 1,176 (861) 398
Unrealized (loss) gain on available-for-sale securities (5) (18) 3 (9)
Other comprehensive income 5,304 1,269 6,980 13,400
Comprehensive income 96,151 82,693 131,595 128,998
Less: comprehensive income attributable to non-controlling interest 19,094 17,300 27,317 30,640
Comprehensive income attributable to Watsco, Inc. $ 77,057 $ 65,393 $ 104,278 $ 98,358