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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2024
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 stock:
Years Ended December 31, |  | 2024 |  |  | 2023 |  |  | 2022 |
Basic Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Watsco, Inc. shareholders |  | $ | 536,286 |  |  | $ | 536,337 |  |  | $ | 601,167 |
Less: distributed and undistributed earnings allocated to restricted common stock |  |  | 37,392 |  |  |  | 36,966 |  |  |  | 51,365 |
Earnings allocated to Watsco, Inc. shareholders |  | $ | 498,894 |  |  | $ | 499,371 |  |  | $ | 549,802 |
Weighted-average common shares outstanding - Basic |  |  | 37,391,461 |  |  |  | 36,406,148 |  |  |  | 35,564,203 |
Basic earnings per share for common stock |  | $ | 13.34 |  |  | $ | 13.72 |  |  | $ | 15.46 |
Allocation of earnings for Basic: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 454,680 |  |  | $ | 455,186 |  |  | $ | 499,792 |
Class B common stock |  |  | 44,214 |  |  |  | 44,185 |  |  |  | 50,010 |
|  | $ | 498,894 |  |  | $ | 499,371 |  |  | $ | 549,802 |
Diluted Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Watsco, Inc. shareholders |  | $ | 536,286 |  |  | $ | 536,337 |  |  | $ | 601,167 |
Less: distributed and undistributed earnings allocated to restricted common stock |  |  | 37,369 |  |  |  | 36,932 |  |  |  | 51,294 |
Earnings allocated to Watsco, Inc. shareholders |  | $ | 498,917 |  |  | $ | 499,405 |  |  | $ | 549,873 |
Weighted-average common shares outstanding - Basic |  |  | 37,391,461 |  |  |  | 36,406,148 |  |  |  | 35,564,203 |
Effect of dilutive stock options |  |  | 118,871 |  |  |  | 125,535 |  |  |  | 119,431 |
Weighted-average common shares outstanding - Diluted |  |  | 37,510,332 |  |  |  | 36,531,683 |  |  |  | 35,683,634 |
Diluted earnings per share for common stock |  | $ | 13.30 |  |  | $ | 13.67 |  |  | $ | 15.41 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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