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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net income $ 257,290 $ 235,983 $ 226,524
Other comprehensive gain (loss), net of tax      
Foreign currency translation adjustment 15,993 6,211 (39,378)
Unrealized (loss) gain on cash flow hedging instruments (702) (965) 2,713
Reclassification of (gain) loss on cash flow hedging instruments into earnings (358) 323 (1,993)
Unrealized (loss) gain on available-for-sale securities (15) 14 (8)
Other comprehensive gain (loss) 14,918 5,583 (38,666)
Comprehensive income 272,208 241,566 187,858
Less: comprehensive income attributable to non-controlling interest 54,678 55,382 38,086
Comprehensive income attributable to Watsco, Inc. $ 217,530 $ 186,184 $ 149,772