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)

3 Months Ended

Mar. 31, 2014

The fair values of major classes of assets acquired and liabilities assumed along with the contingent consideration liability recorded at the date of acquisition is included in the reconciliation of the total consideration as follows (in thousands):

Accounts receivable, net	$	2,687
Materials and supplies		314
Prepaid expenses		91
Equipment and property		3,199
Goodwill		22,803
Customer contracts		28,819
Other intangible assets		5,939
Current liabilities		(5,361	)
Other assets and liabilities, net		31
Total consideration paid	$	58,522
Less: Contingent consideration liability		(4,947	)
Total cash purchase price	$	53,575

Schedule of 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 March 31, 2014 (in thousands):

			Useful Life
Intangible Asset	Fair Value		in Years
Customer contracts	$	124,594	3 - 12.5
Non-compete agreements		7,892	3 - 20
Trademarks and tradenames		18,341	0 - 20
Patents		3,960	15
Internet domains		2,227	n/a
Total customer contracts and other intangible assets	$	157,014