Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Tables)

v3.24.0.1
ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of assets acquired and liabilities assumed recorded at the dates of acquisition The preliminary values of identified assets acquired, and liabilities assumed for Fox Pest Control are summarized as follows (in thousands).
Fox Pest Control
Cash $ 4,560 
Accounts receivable 1,542 
Materials and supplies 431 
Operating lease right-of-use assets 8,689 
Other current assets 487 
Goodwill 186,695 
Customer contracts 118,000 
Trademarks & tradenames 38,000 
Current liabilities (4,057)
Unearned revenue (6,144)
Operating lease liabilities (8,689)
Assets acquired and liabilities assumed $ 339,514 
The aggregate preliminary values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition, as adjusted during the valuation period, are included in the reconciliation of the total preliminary consideration as follows (in thousands):
2023
Cash $ 531 
Accounts receivable, net 1,190 
Materials and supplies 592 
Other current assets 198 
Equipment and property 5,002 
Goodwill 37,319 
Customer contracts 31,996 
Trademarks & tradenames 1,457 
Other intangible assets 2,357 
Current liabilities (1,462)
Other assets and liabilities, net (2,472)
Assets acquired and liabilities assumed $ 76,708 
The aggregate values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition, as adjusted during the valuation period, are included in the reconciliation of the total consideration as follows (in thousands):
2022
Cash $ — 
Accounts receivable, net 3,736 
Materials and supplies 529 
Other current assets — 
Equipment and property 6,741 
Goodwill 64,997 
Customer contracts 49,871 
Trademarks & tradenames 5,615 
Other intangible assets 1,538 
Current liabilities (4,853)
Other assets and liabilities, net (1,948)
Assets acquired and liabilities assumed $ 126,226 
Schedule of Business Acquisition, Pro Forma Information
The following table presents unaudited consolidated pro forma information as if the acquisition of Fox had occurred on January 1, 2022. The information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
Year Ended December 31,
(in thousands) 2023 2022
Revenues $ 3,102,186  $ 2,817,629 
Net income 424,735  358,930