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EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Basic and Diluted Earnings Per Common Share


Quarters Ended March 31,		2021				2020
Basic Earnings per Share:
Net income attributable to Watsco, Inc. shareholders		$	55,092			$	30,502
Less: distributed and undistributed earnings allocated to non-vested restricted common stock			6,054				5,233

Earnings allocated to Watsco, Inc. shareholders		$	49,038			$	25,269

Weighted-average common shares outstanding – Basic			35,179,521				34,995,048
Basic earnings per share for Common and Class B common stock		$	1.39			$	0.72
Allocation of earnings for Basic:
Common stock		$	45,452			$	23,409
Class B common stock			3,586				1,860

		$	49,038			$	25,269

Diluted Earnings per Share:
Net income attributable to Watsco, Inc. shareholders		$	55,092			$	30,502
Less: distributed and undistributed earnings allocated to non-vested restricted common stock			6,054				5,233

Earnings allocated to Watsco, Inc. shareholders		$	49,038			$	25,269

Weighted-average common shares outstanding – Basic			35,179,521				34,995,048
Effect of dilutive stock options			150,312				28,941

Weighted-average common shares outstanding – Diluted			35,329,833				35,023,989

Diluted earnings per share for Common and Class B common stock		$	1.39			$	0.72
Anti-dilutive stock options not included above			5,911				164,130