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

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of operating lease costs and other information


				Three Months Ended March 31,
(in thousands, except Other Information)
Lease Classification		Financial Statement Classification		2022			2021
Short-term lease cost		Cost of services provided, Sales, general, and administrative expenses		$	26		$	60
Operating lease cost		Cost of services provided, Sales, general, and administrative expenses			24,023			22,634
Total lease expense				$	24,049		$	22,694

Other Information:
Weighted-average remaining lease term - operating leases					5.5 years			5.7 years
Weighted-average discount rate - operating leases					3.54	%		3.85	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases				$	23,758		$	22,457

Schedule of Future minimum lease payments


		Operating
(in thousands)
2022 (excluding the three months ended March 31, 2022)		$	62,839
2023			67,440
2024			43,519
2025			26,295
2026			16,493
2027			12,119
Thereafter			44,593
Total Future Minimum Lease Payments			273,298
Less: Amount representing interest			28,996
Total future minimum lease payments, net of interest		$	244,302