Rollins, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)

3 Months Ended

Mar. 31, 2018

The preliminary values of major classes of assets acquired and liabilities assumed recorded at the date of acquisition, as adjusted during the valuation period, are included in the reconciliation of the total consideration as follows (in thousands):



	March 31, 2018
Accounts Receivable	$	1,536
Current Assets	273
Equipment and property	3,591
Goodwill	33,613
Customer Contracts and other intangible assets	18,225
Current liabilities	(9,310		)
Long-term liabilities	(490		)
Total consideration paid	$	47,438
Less: Contingent consideration liability	(4,284		)
Total cash purchase price	$	43,154

Components of intangible assets

Customer contracts and other amortizable intangible assets are amortized on a straight-line basis over their economic useful lives. The following table sets forth the components of intangible assets as of March 31, 2018 (in thousands):



Intangible Asset	Carrying Value		Useful Life in Years
Customer contracts	$	176,447	3 - 12
Trademarks and tradenames	50,198		0 - 20
Non-compete agreements	4,054		3 - 20
Patents	2,405		3 - 15
Other assets	2,752		10
Internet domains	2,227		n/a
Total customer contracts and other intangible assets	$	238,083