Watsco, Inc. (Watsco) is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R). The Company operates in the HVAC/R distribution industry in North America. The Company operates at approximately 570 locations in over 40 United States' states, Canada, Mexico and Puerto Rico. The Company sells a line of products and maintains a mix of inventory to meet its customers' needs. The Company distributes a range of products, such as equipment, including residential ducted and ductless air conditioners, gas, electric and oil furnaces, commercial air conditioning and heating equipment and systems and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts, and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives and other ancillary supplies.