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Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues $ 926,577 $ 872,095
Cost of sales 695,744 653,539
Gross profit 230,833 218,556
Selling, general and administrative expenses 178,534 169,857
Other income 1,638  
Operating income 53,937 48,699
Interest expense, net 565 1,255
Income before income taxes 53,372 47,444
Income taxes 10,995 13,676
Net income 42,377 33,768
Less: net income attributable to non-controlling interest 8,158 7,587
Net income attributable to Watsco, Inc. $ 34,219 $ 26,181
Earnings per share for Common and Class B common stock:    
Basic and diluted $ 0.89 $ 0.71