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Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 294,354 $ 210,112
Short-term cash investments 255,669 0
Accounts receivable, net 944,501 797,832
Inventories, net 1,596,795 1,347,289
Other current assets 41,673 36,698
Total current assets 3,132,992 2,391,931
Property and equipment, net 140,317 136,230
Operating lease right-of-use assets 401,000 368,748
Goodwill 458,829 457,148
Intangible assets, net 211,757 218,146
Investment in unconsolidated entity 162,018 146,238
Other assets 10,563 10,741
Total assets 4,517,476 3,729,182
Current liabilities:    
Current portion of lease liabilities 107,369 100,265
Accounts payable 549,443 369,396
Accrued expenses and other current liabilities 276,337 242,351
Total current liabilities 933,149 712,012
Long-term obligations:    
Borrowings under revolving credit agreement 0 15,400
Operating lease liabilities, net of current portion 305,412 276,913
Finance lease liabilities, net of current portion 15,580 12,214
Total long-term obligations 320,992 304,527
Deferred income taxes and other liabilities 101,464 96,453
Commitments and contingencies
Watsco, Inc. shareholders' equity:    
Preferred stock, $0.50 par value 0 0
Paid-in capital 1,486,504 1,153,459
Accumulated other comprehensive loss, net of tax (46,888) (42,331)
Retained earnings 1,308,166 1,183,207
Treasury stock, at cost (73,649) (86,630)
Total Watsco, Inc. shareholders' equity 2,696,375 2,229,839
Non-controlling interest 465,496 386,351
Total shareholders' equity 3,161,871 2,616,190
Total liabilities and shareholders' equity 4,517,476 3,729,182
Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock 19,447 19,353
Class B Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock $ 2,795 $ 2,781