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Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues $ 1,531,086 $ 1,564,991
Cost of sales 1,101,463 1,134,366
Gross profit 429,623 430,625
Selling, general and administrative expenses 322,581 309,548
Other income 5,146 5,460
Operating income 112,188 126,537
Interest income, net 5,417 2,470
Income before income taxes 117,605 129,007
Income taxes 23,065 24,745
Net income 94,540 104,262
Less: net income attributable to non-controlling interest 14,479 17,258
Net income attributable to Watsco, Inc. $ 80,061 $ 87,004
Earnings per share for Common and Class B common stock (collectively "common stock"):    
Basic $ 1.93 $ 2.17
Diluted $ 1.93 $ 2.17