Rollins, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of operating lease costs and other information


				Years Ended
(in thousands, except Other Information)				December 31,
Lease Classification		Financial Statement Classification		2022			2021
Short-term lease cost		Cost of services provided, Sales, general, and administrative expenses		$	129		$	235
Operating lease cost		Cost of services provided, Sales, general, and administrative expenses			97,764			93,215
Total lease expense				$	97,893		$	93,450

Other Information:
Weighted-average remaining lease term - operating leases					5.1 Yrs			5.5 Yrs
Weighted-average discount rate - operating leases					3.67	%		3.63	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases				$	96,700		$	92,032

Schedule of Future minimum lease payments


(in thousands)
2023			93,779
2024			70,739
2025			52,123
2026			32,551
2027			16,124
Thereafter			49,943
Total Future Minimum Lease Payments			315,259
Less: Amount representing interest			(33,828)
Total future minimum lease payments, net of interest		$	281,431