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Condensed Consolidated Unaudited Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 431,823 $ 526,271
Short-term cash investments 0 255,669
Accounts receivable, net 794,312 877,935
Inventories, net 1,776,090 1,385,436
Other current assets 33,124 34,670
Total current assets 3,035,349 3,079,981
Property and equipment, net 138,113 140,535
Operating lease right-of-use assets 432,692 419,138
Goodwill 454,868 451,858
Intangible assets, net 207,361 208,472
Investment in unconsolidated entity 173,757 168,611
Other assets 12,213 10,928
Total assets 4,454,353 4,479,523
Current liabilities:    
Current portion of lease liabilities 113,322 110,273
Accounts payable 545,567 490,879
Accrued expenses and other current liabilities 266,250 382,749
Total current liabilities 925,139 983,901
Long-term obligations:    
Operating lease liabilities, net of current portion 332,523 321,715
Finance lease liabilities, net of current portion 13,847 15,475
Total long-term obligations 346,370 337,190
Deferred income taxes and other liabilities 94,984 94,194
Commitments and contingencies
Watsco, Inc. shareholders' equity:    
Preferred stock, $0.50 par value 0 0
Paid-in capital 1,508,819 1,472,170
Accumulated other comprehensive loss, net of tax (59,729) (59,893)
Retained earnings 1,266,996 1,295,972
Treasury stock, at cost (73,312) (73,479)
Total Watsco, Inc. shareholders' equity 2,665,050 2,656,990
Non-controlling interest 422,810 407,248
Total shareholders' equity 3,087,860 3,064,238
Total liabilities and shareholders' equity 4,454,353 4,479,523
Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock 19,468 19,431
Class B Common Stock [Member]    
Watsco, Inc. shareholders' equity:    
Common stock $ 2,808 $ 2,789