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

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of operating lease costs and other information


				Three Months Ended June 30,						Six Months Ended June 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		$	36		$	60		$	62		$	125
Operating lease cost		Cost of services provided, Sales, general, and administrative expenses			23,615			22,634			47,638			46,025
Total lease expense				$	23,651		$	22,694		$	47,700		$	46,150

Other Information:
Weighted-average remaining lease term - operating leases											5.4 years			5.6 years
Weighted-average discount rate - operating leases											3.34	%		3.75	%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases										$	47,099		$	45,498

Schedule of Future minimum lease payments


		Operating
(in thousands)
2022 (excluding the six months ended June 30, 2022)		$	44,553
2023			75,775
2024			52,084
2025			34,191
2026			20,004
2027			13,034
Thereafter			45,755
Total Future Minimum Lease Payments			285,396
Less: Amount representing interest			29,508
Total future minimum lease payments, net of interest		$	255,888