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Condensed Consolidated Unaudited Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 1,081,893 $ 1,020,859 $ 2,915,978 $ 2,666,172
Cost of sales 823,296 778,354 2,215,255 2,034,570
Gross profit 258,597 242,505 700,723 631,602
Selling, general and administrative expenses 163,142 156,808 469,629 440,125
Operating income 95,455 85,697 231,094 191,477
Interest expense, net 1,781 1,185 4,651 3,423
Income before income taxes 93,674 84,512 226,443 188,054
Income taxes 27,556 24,981 66,654 54,129
Net income 66,118 59,531 159,789 133,925
Less: net income attributable to noncontrolling interest 20,419 18,526 49,387 45,350
Net income attributable to Watsco, Inc. $ 45,699 $ 41,005 $ 110,402 $ 88,575
Earnings per share for Common and Class B common stock:        
Basic $ 1.32 $ 1.19 $ 3.19 $ 2.62
Diluted $ 1.32 $ 1.19 $ 3.18 $ 2.61