Rollins, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of operating lease costs and other information


				Year Ended December 31,
(in thousands, except Other Information)
Lease Classification		Financial Statement Classification		2021			2020
Short-term lease cost		Cost of services provided, Sales, general, and administrative expenses		$	235		$	189
Operating lease cost		Cost of services provided, Sales, general, and administrative expenses			93,215			85,426
Total lease expense				$	93,450		$	85,615

Other Information:
Weighted-average remaining lease term - operating leases					5.5 years			3.8 years
Weighted-average discount rate - operating leases					3.63	%		3.93	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases				$	92,032		$	84,673

Schedule of Future minimum lease payments


		Operating
(in thousands)
2022			82,959
2023			63,380
2024			39,426
2025			22,713
2026			14,882
Thereafter			54,024
Total Future Minimum Lease Payments			277,384
Less: Amount representing interest			29,624
Total future minimum lease payments, net of interest		$	247,760