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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net income $ 295,775 $ 296,529 $ 257,290
Other comprehensive income (loss), net of tax      
Foreign currency translation adjustment 12,298 (20,493) 15,993
Unrealized (loss) gain on cash flow hedging instruments (1,461) 1,918 (702)
Reclassification of gain on cash flow hedging instruments into earnings (352) (157) (358)
Unrealized loss on equity securities     (15)
Other comprehensive income (loss) 10,485 (18,732) 14,918
Comprehensive income 306,260 277,797 272,208
Less: comprehensive income attributable to non-controlling interest 53,392 46,913 54,678
Comprehensive income attributable to Watsco, Inc. $ 252,868 $ 230,884 $ 217,530