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Condensed Consolidated Unaudited Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues $ 1,523,570 $ 1,136,118
Cost of sales 1,073,212 841,297
Gross profit 450,358 294,821
Selling, general and administrative expenses 283,354 217,612
Other income 4,045 4,671
Operating income 171,049 81,880
Interest expense, net 558 88
Income before income taxes 170,491 81,792
Income taxes 35,601 15,665
Net income 134,890 66,127
Less: net income attributable to non-controlling interest 21,592 11,035
Net income attributable to Watsco, Inc. $ 113,298 $ 55,092
Earnings per share for Common and Class B common stock:    
Basic $ 2.91 $ 1.39
Diluted $ 2.90 $ 1.39