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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net income $ 296,529 $ 257,290 $ 235,983
Other comprehensive (loss) income, net of tax      
Foreign currency translation adjustment (20,493) 15,993 6,211
Unrealized gain (loss) on cash flow hedging instruments 1,918 (702) (965)
Reclassification of (gain) loss on cash flow hedging instruments into earnings (157) (358) 323
Unrealized (loss) gain on equity securities   (15) 14
Other comprehensive (loss) income (18,732) 14,918 5,583
Comprehensive income 277,797 272,208 241,566
Less: comprehensive income attributable to non-controlling interest 46,913 54,678 55,382
Comprehensive income attributable to Watsco, Inc. $ 230,884 $ 217,530 $ 186,184