Condensed Consolidated Unaudited Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 129,049	$ 118,268
Accounts receivable, net	983,033	698,456
Inventories, net	1,480,519	1,115,469
Other current assets	31,330	29,207
Total current assets	2,623,931	1,961,400
Property and equipment, net	119,525	111,019
Operating lease right-of-use assets	298,223	268,528
Goodwill	432,777	434,019
Intangible assets, net	183,133	186,896
Investment in unconsolidated entity	122,831	114,808
Other assets	8,172	9,191
Total assets	3,788,592	3,085,861
Current liabilities:
Current portion of long-term obligations	88,600	84,501
Accounts payable	625,962	364,185
Accrued expenses and other current liabilities	346,781	278,036
Total current liabilities	1,061,343	726,722
Long-term obligations:
Borrowings under revolving credit agreement	203,600	89,000
Operating lease liabilities, net of current portion	213,344	187,024
Finance lease liabilities, net of current portion	10,204	9,189
Total long-term obligations	427,148	285,213
Deferred income taxes and other liabilities	80,326	76,511
Commitments and contingencies
Watsco, Inc. shareholders' equity:
Preferred stock, $0.50 par value	0	0
Paid-in capital	1,032,291	1,003,932
Accumulated other comprehensive loss, net of tax	(37,506)	(34,176)
Retained earnings	905,167	760,796
Treasury stock, at cost	(87,440)	(87,440)
Total Watsco, Inc. shareholders' equity	1,834,437	1,664,948
Non-controlling interest	385,338	332,467
Total shareholders' equity	2,219,775	1,997,415
Total liabilities and shareholders' equity	3,788,592	3,085,861
Common Stock
Watsco, Inc. shareholders' equity:
Common stock, $0.50 par value	19,007	18,941
Class B Common Stock
Watsco, Inc. shareholders' equity:
Common stock, $0.50 par value	$ 2,918	$ 2,895