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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 96,787 $ 146,067
Accounts receivable, net 857,864 535,288
Inventories, net 1,044,608 781,299
Other current assets 22,803 21,791
Total current assets 2,022,062 1,484,445
Property and equipment, net 104,967 98,225
Operating lease right-of-use assets 263,682 209,169
Goodwill 434,946 412,486
Intangible assets, net 190,093 169,929
Investment in unconsolidated entity 108,057 97,847
Other assets 7,877 12,246
Total assets 3,131,684 2,484,347
Current liabilities:    
Current portion of long-term obligations 81,306 71,804
Accounts payable 490,921 251,553
Accrued expenses and other current liabilities 243,037 163,788
Total current liabilities 815,264 487,145
Long-term obligations:    
Borrowings under revolving credit agreement 114,167 0
Operating lease liabilities, net of current portion 184,925 139,527
Finance lease liabilities, net of current portion 6,165 4,811
Total long-term obligations 305,257 144,338
Deferred income taxes and other liabilities 79,630 73,103
Commitments and contingencies  
Watsco, Inc. shareholders' equity:    
Preferred stock, $0.50 par value 0 0
Paid-in capital 979,430 950,915
Accumulated other comprehensive loss, net of tax (29,744) (34,867)
Retained earnings 691,658 636,373
Treasury stock, at cost (87,440) (87,440)
Total Watsco, Inc. shareholders' equity 1,575,703 1,486,678
Non-controlling interest 355,830 293,083
Total shareholders' equity 1,931,533 1,779,761
Total liabilities and shareholders' equity 3,131,684 2,484,347
Common Stock    
Watsco, Inc. shareholders' equity:    
Common stock, $0.50 par value 18,893 18,851
Class B Common Stock    
Watsco, Inc. shareholders' equity:    
Common stock, $0.50 par value $ 2,906 $ 2,846