Watsco 2019 Part 1

010210303 4356
!"#$&'(&)*$)*+
,-./ 123456789:;9;<:;=9>5<59;,??@A3<BCDC9;E8FB2G99H52IJK34I6<>9KB<:;<59;7F4CB,LMN-,,ODCB9;<>7FF9:;CP752569Q9DC:C5CR9
K42PGH5<5989:52:HI69;3B9,S7C:49>F9I52D234N-,,7::3<BT995C:U2DH6<4962B;94><:;C:I24F24<59;6949C:VG49D949:I9W.X
,-.S
,-.Z
,-.@
,-.i
Y49;C57U49989:5;<59;<>2DQ9I98V94ZMN-,LMVG<:;<82:U[<5>I2M\:I.M[<5>I2Y<:<;<M\:I.<:;Y<4C94E:594F4C>9T9PCI2MH.;9
=.].;9Y.^.M<>_242`94>M569a5694]9:;94>1428bC8952bC89K<45Gb694952M_<:J2D7894CI<Mc.7.M<>7;8C:C>54<5CR97U9:5MH`C:U
]C:9]9:;94<:;]dY\>394MeKT24U<:Y6<>9_<:JMc.7.<>HG:;CI<5C2:7U9:5<:;_4<:I6_<:JC:U<:;b43>5Y28F<:GMf.H._<:J
c<5C2:<B7>2IC<5C2:<:;[9B>1<4U2_<:JMc<5C2:<B7>2IC<5C2:<>Y2gQ2I389:5<5C2:7U9:5>ODCB9;<>EP6CVC5,-.,52569Y349:5=9F245
2:1248Lgh2:Q9I98V94,,MN-,L<:;C:I24F24<59;6949C:VG49D949:I9W.
aF94<5C:U7U49989:52DY<4C94E:594F4C>9M]]YO789:;9;<:;=9>5<59;WM;<59;<>2De3BG,MN--?ODCB9;<>EP6CVC5,-.N52569Y349:5
=9F2452:1248Lgh2:e3BGLMN--?<:;C:I24F24<59;6949C:VG49D949:I9W.
aF94<5C:U7U49989:52DY<4C94E:594F4C>9c24569<>5M]]YM;<59;<>2D7F4CB/-MN-,,ODCB9;<>EP6CVC5,-.N?525697::3<B=9F2452:1248
,-ghD24569G9<49:;9;Q9I98V94/,MN-,,<:;C:I24F24<59;6949C:VG49D949:I9W.
Y<4C94E:594F4C>9Y<:<;<Oj.K.WM\:I.H6<4962B;94>k7U49989:5;<59;<>2D7F4CBNiMN-,NODCB9;<>EP6CVC5,-.N52569Y349:5=9F2452:
1248Lgh2:T<G/MN-,N<:;C:I24F24<59;6949C:VG49D949:I9W.
,/ N-,?7::3<B=9F24552H6<4962B;94>ÒC565699PI9F5C2:2D569C:D248<5C2:C:I24F24<59;VG49D949:I9C:52\598>@MiML<:;?2D56C>1248
,-ghM569N-,?7::3<B=9F24552H6<4962B;94>C>F42RC;9;>2B9BGD24569C:D248<5C2:2D569HEY<:;C>:25;9989;lDCB9;m<>F<452D56C>
1248,-ghW.n
N,.,
N/.,
H3V>C;C<4C9>2D569=9UC>54<:5.n
Y2:>9:52D\:;9F9:;9:5=9UC>5949;K3VBCI7II23:5C:U1C48ohKTj]]K.n
/,., Y945CDCI<5C2:2DY6C9DEP9I35CR9aDCI94F34>3<:552H9I5C2:/-N2D569H<4V<:9>gaPB9G7I52DN--N.n
/,.N
Y945CDCI<5C2:2DEP9I35CR9^CI9K49>C;9:5F34>3<:552H9I5C2:/-N2D569H<4V<:9>gaPB9G7I52DN--N.n
/,./ Y945CDCI<5C2:2DY6C9D1C:<:IC<BaDCI94F34>3<:552H9I5C2:/-N2D569H<4V<:9>gaPB9G7I52DN--N.n
/N.,
,-,.\cH
,-,.HYr
Y945CDCI<5C2:2DY6C9DEP9I35CR9aDCI94MEP9I35CR9^CI9K49>C;9:5<:;Y6C9D1C:<:IC<BaDCI94F34>3<:552H9I5C2:?-@2D569H<4V<:9>g
aPB9G7I52DN--N.p
\:BC:9q_=]\:>5<:I9Q2I389:5g569C:>5<:I9;2I389:5;29>:25<FF9<4C:569\:594<I5CR9Q<5<1CB9V9I<3>9C5>q_=]5<U><4998V9;;9;
`C56C:569\:BC:9q_=];2I389:5.n
\:BC:9q_=]b<P2:28GEP59:>C2:HI698<Q2I389:5.n
,-,.Y7] \:BC:9q_=]b<P2:28GEP59:>C2:Y<BI3B<5C2:]C:JV<>9Q2I389:5.n
,-,.QE1
,-,.]7_
,-,.K=E
,-S
\:BC:9q_=]b<P2:28GEP59:>C2:Q9DC:C5C2:]C:JV<>9Q2I389:5.n
\:BC:9q_=]b<P2:28GEP59:>C2:]<V9B]C:JV<>9Q2I389:5.n
\:BC:9q_=]b<P2:28GEP59:>C2:K49>9:5<5C2:]C:JV<>9Q2I389:5.n
b69I2R94F<U9D428569Y28F<:Gk>7::3<B=9F2452:1248,-ghD24569G9<49:;9;Q9I98V94/,MN-,?MD248<59;C:\:BC:9q_=].
s
p
X
DCB9;6949`C56.
D34:C>69;6949`C56.
T<:<U989:5I2:54<I524I28F9:><5C2:FB<:24<4<:U989:5.
tuv wxy z{|v w}~€ vv‚|ƒ
c2:9.
NN
78911711814334133344400333312204378
0010