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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2025
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:
 

Quarters Ended March 31,
   
2025
     
2024
  
Basic Earnings per Share:
      
Net income attributable to Watsco, Inc. shareholders
   
$
80,061
 
    $ 87,004  
Less: distributed and undistributed earnings allocated to restricted common stock
   
 
7,172
 
      6,836  
  
 
 
     
 
 
  
Earnings allocated to Watsco, Inc. shareholders
   
$
72,889
 
    $ 80,168  
  
 
 
     
 
 
  
Weighted-average common shares outstanding – Basic
   
 
37,752,203
 
      36,875,549  
Basic earnings per share for common stock
   
$
1.93
 
    $ 2.17  
Allocation of earnings for Basic:
      
Common stock
   
$
66,469
 
    $ 73,166  
Class B common stock
   
 
6,420
 
      7,002  
  
 
 
     
 
 
  
  
$
72,889
 
    $ 80,168  
  
 
 
     
 
 
  
Diluted Earnings per Share:
      
Net income attributable to Watsco, Inc. shareholders
   
$
80,061
 
    $ 87,004  
Less: distributed and undistributed earnings allocated to restricted common stock
   
 
7,172
 
      6,836  
  
 
 
     
 
 
  
Earnings allocated to Watsco, Inc. shareholders
   
$
72,889
 
    $ 80,168  
  
 
 
     
 
 
  
Weighted-average common shares outstanding – Basic
   
 
37,752,203
 
      36,875,549  
Effect of dilutive stock options
   
 
101,052
 
      123,999  
  
 
 
     
 
 
  
Weighted-average common shares outstanding – Diluted
   
 
37,853,255
 
      36,999,548  
    
 
 
     
 
 
  
 
Quarters Ended March 31,
   
2025
     
2024
  
Diluted earnings per share for common stock
   
$
1.93
 
    $ 2.17  
Anti-dilutive stock options not included above
   
 
21,807
 
      46,456