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Condensed Consolidated Unaudited Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net income $ 80,019 $ 80,518 $ 204,634 $ 196,116
Other comprehensive income (loss), net of tax        
Foreign currency translation adjustment 9,385 (3,453) 17,310 11,433
Unrealized (loss) gain on cash flow hedging instruments (934) 391 (1,021) (1,484)
Reclassification of loss (gain) on cash flow hedging instruments into earnings 64 94 (797) 492
Unrealized gain on available-for-sale securities 13 12 16 3
Other comprehensive income (loss) 8,528 (2,956) 15,508 10,444
Comprehensive income 88,547 77,562 220,142 206,560
Less: comprehensive income attributable to non-controlling interest 18,201 16,291 45,518 46,931
Comprehensive income attributable to Watsco, Inc. $ 70,346 $ 61,271 $ 174,624 $ 159,629