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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net income $ 498,735 $ 323,172 $ 295,775
Other comprehensive income, net of tax      
Foreign currency translation adjustment 936 6,272 12,298
Unrealized gain (loss) on cash flow hedging instruments 70 880 (1,461)
Reclassification of loss (gain) on cash flow hedging instruments into earnings 219 (418) (352)
Other comprehensive income 1,225 6,734 10,485
Comprehensive income 499,960 329,906 306,260
Less: comprehensive income attributable to non-controlling interest 80,324 56,144 53,392
Comprehensive income attributable to Watsco, Inc. $ 419,636 $ 273,762 $ 252,868