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Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues $ 1,229,591 $ 1,241,232 $ 3,377,610 $ 3,307,091
Cost of sales 933,696 939,028 2,552,881 2,500,579
Gross profit 295,895 302,204 824,729 806,512
Selling, general and administrative expenses 183,728 182,904 534,515 518,954
Other income 2,294   2,294  
Operating income 114,461 119,300 292,508 287,558
Interest expense, net 2,117 996 5,019 3,036
Income before income taxes 112,344 118,304 287,489 284,522
Income taxes 32,325 37,786 82,855 88,406
Net income 80,019 80,518 204,634 196,116
Less: net income attributable to non-controlling interest 14,990 17,419 39,668 42,859
Net income attributable to Watsco, Inc. $ 65,029 $ 63,099 $ 164,966 $ 153,257
Earnings per share for Common and Class B common stock:        
Basic $ 1.82 $ 1.78 $ 4.62 $ 4.33
Diluted $ 1.82 $ 1.78 $ 4.62 $ 4.32