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Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 130,228 $ 118,268
Accounts receivable, net 859,581 698,456
Inventories, net 1,385,191 1,115,469
Other current assets 34,876 29,207
Total current assets 2,409,876 1,961,400
Property and equipment, net 121,678 111,019
Operating lease right-of-use assets 312,397 268,528
Goodwill 430,231 434,019
Intangible assets, net 174,978 186,896
Investment in unconsolidated entity 127,420 114,808
Other assets 8,007 9,191
Total assets 3,584,587 3,085,861
Current liabilities:    
Current portion of long-term obligations 89,238 84,501
Accounts payable 474,268 364,185
Accrued expenses and other current liabilities 376,016 278,036
Total current liabilities 939,522 726,722
Long-term obligations:    
Borrowings under revolving credit agreement 8,800 89,000
Operating lease liabilities, net of current portion 227,564 187,024
Finance lease liabilities, net of current portion 10,764 9,189
Total long-term obligations 247,128 285,213
Deferred income taxes and other liabilities 81,784 76,511
Commitments and contingencies  
Watsco, Inc. shareholders' equity:    
Preferred stock, $0.50 par value 0 0
Paid-in capital 1,047,317 1,003,932
Accumulated other comprehensive loss, net of tax (50,108) (34,176)
Retained earnings 977,050 760,796
Treasury stock, at cost (87,440) (87,440)
Total Watsco, Inc. shareholders' equity 1,908,775 1,664,948
Non-controlling interest 407,378 332,467
Total shareholders' equity 2,316,153 1,997,415
Total liabilities and shareholders' equity 3,584,587 3,085,861
Common Stock    
Watsco, Inc. shareholders' equity:    
Common stock, $0.50 par value 19,039 18,941
Class B Common Stock    
Watsco, Inc. shareholders' equity:    
Common stock, $0.50 par value $ 2,917 $ 2,895