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)

6 Months Ended

Jun. 30, 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):



	June 30, 2018
Accounts receivable	$	1,982
Current assets	413
Equipment and property	4,690
Goodwill	12,886
Customer contracts and other intangible assets	53,564
Current liabilities	(13,920		)
Other assets and liabilities, net	(438		)
Total consideration paid	$	59,177
Less: Contingent consideration liability	(4,558		)
Total cash purchase price	$	54,619

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 June 30, 2018 (in thousands):



Intangible Asset	Carrying Value		Useful Life in Years
Customer contracts	$	182,522	3 - 12
Trademarks and tradenames	52,323		0 - 20
Non-compete agreements	4,432		3 - 20
Patents	2,270		3 - 15
Other assets	2,649		10
Internet domains	2,227		n/a
Total customer contracts and other intangible assets	$	246,423