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Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 278,864 $ 210,112
Short-term cash investments 200,000 0
Accounts receivable, net 832,119 797,832
Inventories, net 1,655,635 1,347,289
Other current assets 31,754 36,698
Total current assets 2,998,372 2,391,931
Property and equipment, net 138,486 136,230
Operating lease right-of-use assets 383,434 368,748
Goodwill 459,440 457,148
Intangible assets, net 214,055 218,146
Investment in unconsolidated entity 151,698 146,238
Other assets 11,633 10,741
Total assets 4,357,118 3,729,182
Current liabilities:    
Current portion of lease liabilities 102,897 100,265
Accounts payable 687,637 369,396
Accrued expenses and other current liabilities 235,592 242,351
Total current liabilities 1,026,126 712,012
Long-term obligations:    
Borrowings under revolving credit agreement 0 15,400
Operating lease liabilities, net of current portion 290,951 276,913
Finance lease liabilities, net of current portion 15,362 12,214
Total long-term obligations 306,313 304,527
Deferred income taxes and other liabilities 97,106 96,453
Commitments and contingencies
Watsco, Inc. shareholders' equity:    
Preferred stock, $0.50 par value 0 0
Paid-in capital 1,452,450 1,153,459
Accumulated other comprehensive loss, net of tax (47,870) (42,331)
Retained earnings 1,173,446 1,183,207
Treasury stock, at cost (73,810) (86,630)
Total Watsco, Inc. shareholders' equity 2,526,425 2,229,839
Non-controlling interest 401,148 386,351
Total shareholders' equity 2,927,573 2,616,190
Total liabilities and shareholders' equity 4,357,118 3,729,182
Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock 19,408 19,353
Class B Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock $ 2,801 $ 2,781