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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2022
Schedule of Basic and Diluted Earnings Per Common Share | The following table presents the calculation of basic and diluted earnings per share for our Common and Class B common stock:
Years Ended December 31, |  | 2022 |  |  | 2021 |  |  | 2020 |
Basic Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Watsco, Inc. shareholders |  | $ | 601,167 |  |  | $ | 418,945 |  |  | $ | 269,579 |
Less: distributed and undistributed earnings allocated to restricted common stock |  |  | 51,365 |  |  |  | 37,273 |  |  |  | 23,140 |
Earnings allocated to Watsco, Inc. shareholders |  | $ | 549,802 |  |  | $ | 381,672 |  |  | $ | 246,439 |
Weighted-average common shares outstanding - Basic |  |  | 35,564,203 |  |  |  | 35,244,230 |  |  |  | 35,069,516 |
Basic earnings per share for Common and Class B common stock |  | $ | 15.46 |  |  | $ | 10.83 |  |  | $ | 7.03 |
Allocation of earnings for Basic: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 499,792 |  |  | $ | 353,873 |  |  | $ | 228,361 |
Class B common stock |  |  | 50,010 |  |  |  | 27,799 |  |  |  | 18,078 |
|  | $ | 549,802 |  |  | $ | 381,672 |  |  | $ | 246,439 |
Diluted Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Watsco, Inc. shareholders |  | $ | 601,167 |  |  | $ | 418,945 |  |  | $ | 269,579 |
Less: distributed and undistributed earnings allocated to restricted common stock |  |  | 51,294 |  |  |  | 37,222 |  |  |  | 23,140 |
Earnings allocated to Watsco, Inc. shareholders |  | $ | 549,873 |  |  | $ | 381,723 |  |  | $ | 246,439 |
Weighted-average common shares outstanding - Basic |  |  | 35,564,203 |  |  |  | 35,244,230 |  |  |  | 35,069,516 |
Effect of dilutive stock options |  |  | 119,431 |  |  |  | 179,608 |  |  |  | 81,055 |
Weighted-average common shares outstanding - Diluted |  |  | 35,683,634 |  |  |  | 35,423,838 |  |  |  | 35,150,571 |
Diluted earnings per share for Common and Class B common stock |  | $ | 15.41 |  |  | $ | 10.78 |  |  | $ | 7.01 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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