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

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of operating lease costs and other information


				Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands, except Other Information)
Lease Classification		Financial Statement Classification		2022			2021			2022			2021
Short-term lease cost		Cost of services provided, Sales, general, and administrative expenses		$	46		$	51		$	108		$	176
Operating lease cost		Cost of services provided, Sales, general, and administrative expenses			24,419			23,472			72,057			69,497
Total lease expense				$	24,465		$	23,523		$	72,165		$	69,673

Other Information:
Weighted-average remaining lease term - operating leases											5.2 years			5.5 years
Weighted-average discount rate - operating leases											3.41	%		3.69	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases										$	71,240		$	68,614

Schedule of Future minimum lease payments


		Operating
(in thousands)
2022 (excluding the nine months ended September 30, 2022)		$	24,234
2023			86,079
2024			62,772
2025			44,160
2026			26,286
2027			14,764
Thereafter			48,050
Total Future Minimum Lease Payments			306,345
Less: Amount representing interest			32,169
Total future minimum lease payments, net of interest		$	274,176