Rollins (ROL) 10-Q 30 Apr 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2021	Apr. 16, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2021
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	1-4422
Entity Registrant Name	ROLLINS, INC.
Entity Central Index Key	0000084839
Entity Tax Identification Number	51-0068479
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2170 Piedmont Road
Entity Address, Address Line Two	N.E.
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30324
City Area Code	(404)
Local Phone Number	888-2000
Title of 12(b) Security	Common Stock
Trading Symbol	ROL
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		492,123,516

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 117,322	$ 98,477
Trade receivables, net of allowance for expected credit losses of $15,731 and $16,854, respectively	122,445	126,337
Financed receivables, short-term, net of allowance for expected credit losses of $1,292 and $1,297, respectively	22,402	23,716
Materials and supplies	32,645	30,843
Other current assets	39,229	35,404
Total current assets	334,043	314,777
Equipment and property, net of accumulated depreciation of $299,170 and $299,226, respectively	143,899	178,052
Goodwill	659,795	653,176
Customer contracts, net	297,288	298,949
Trademarks & tradenames, net	108,761	109,044
Other intangible assets, net	10,198	10,777
Operating lease right-of-use assets, net	252,343	212,342
Financed receivables, long-term, net of allowance for expected credit losses of $2,078 and $1,934, respectively	38,105	38,187
Benefit plan assets	1,167	1,198
Deferred income taxes	2,649	2,222
Other assets	28,632	27,176
Total assets	1,876,880	1,845,900
LIABILITIES
Accounts payable	66,586	64,596
Accrued insurance	31,709	31,675
Accrued compensation and related liabilities	78,357	91,011
Unearned revenues	140,378	131,253
Operating lease liabilities - current	75,822	73,248
Current portion of long-term debt	18,750	17,188
Other current liabilities	96,186	63,540
Total current liabilities	507,788	472,511
Accrued insurance, less current portion	36,062	36,067
Operating lease liabilities, less current portion	178,508	140,897
Long-term debt	96,250	185,812
Deferred income tax liabilities	9,005	10,612
Long-term accrued liabilities	60,332	58,641
Total liabilities	887,945	904,540
Preferred stock, without par value; 500,000 shares authorized, zero shares issued
Common stock, par value $1 per share; 550,000,000 shares authorized, 492,123,516 and 491,612,059 shares issued and outstanding, respectively	492,124	491,612
Paid in capital	95,824	101,757
Accumulated other comprehensive loss	(11,155)	(10,897)
Retained earnings	412,142	358,888
Total stockholders’ equity	988,935	941,360
Total liabilities and stockholders’ equity	$ 1,876,880	$ 1,845,900

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Trade receivables, allowance for doubtful accounts	$ 15,731	$ 16,854
Financing receivables, short-term, allowance for doubtful accounts	1,292	1,297
Net of Accumulated Decpreciation	299,170	299,226
Financing receivables, long-term, allowance for doubtful accounts	$ 2,078	$ 1,934
Preferred Stock, Shares Authorized	500,000	500,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par Value	$ 1	$ 1
Common Stock, Shares Authorized	550,000,000	550,000,000
Common Stock, Shares, Issued	492,123,516	491,612,059
Common Stock, Shares, Outstanding	492,123,516	491,612,059

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
REVENUES
Customer services	$ 535,554	$ 487,901
COSTS AND EXPENSES
Cost of services provided	261,552	251,152
Depreciation and amortization	23,596	21,597
Sales, general and administrative	162,208	157,862
(Gains)/losses on sale of assets, net	(32,260)	(275)
Interest expense, net	606	2,165
INCOME BEFORE INCOME TAXES	119,852	55,400
PROVISION FOR INCOME TAXES	27,209	12,132
NET INCOME	$ 92,643	$ 43,268
NET INCOME PER SHARE - BASIC AND DILUTED	$ 0.19	$ 0.09
DIVIDENDS PAID PER SHARE	$ 0.08	$ 0.08
Weighted average shares outstanding - basic and diluted	492,003,000	491,524,000

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
NET INCOME	$ 92,643	$ 43,268
Other comprehensive earnings / (loss)
Foreign currency translation adjustments	(421)	(16,868)
Change in derivatives, net of tax	163	(734)
Comprehensive earnings	$ 92,385	$ 25,666

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Beginning Balance, Shares at Dec. 31, 2019	491,146,000
Beginning Balance at Dec. 31, 2019	$ 491,146	$ 89,413	$ (21,109)	$ 256,300	$ 815,750
Impact of adoption of ASC 326				2,484	2,484
Net Income				43,268	43,268
Other comprehensive income, net of tax
Foreign currency translation adjustments			(16,868)		(16,868)
Change in derivatives			(734)		(734)
Cash dividends				(39,317)	(39,317)
Stock compensation	$ 833	3,264		(278)	3,819
Stock compensation, Shares	833,000
Employee stock buybacks	$ (328)	(7,812)		109	(8,031)
Employee stock buybacks, Shares	(328,000)
Ending Balance, Shares at Mar. 31, 2020	491,651,000
Ending Balance at Mar. 31, 2020	$ 491,651	84,865	(38,711)	262,566	800,371
Beginning Balance, Shares at Dec. 31, 2020	491,612,000
Beginning Balance at Dec. 31, 2020	$ 491,612	101,757	(10,897)	358,888	941,360
Net Income				92,643	92,643
Other comprehensive income, net of tax
Foreign currency translation adjustments			(421)		(421)
Change in derivatives			163		163
Cash dividends				(39,389)	(39,389)
Stock compensation	768	3,153			3,921
Employee stock buybacks	$ (256)	(9,086)			(9,342)
Ending Balance, Shares at Mar. 31, 2021	492,124,000
Ending Balance at Mar. 31, 2021	$ 492,124	$ 95,824	$ (11,155)	$ 412,142	$ 988,935

CONSOLIDATED STATEMENTS OF STAT

CONSOLIDATED STATEMENTS OF STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING ACTIVITIES
Net income	$ 92,643	$ 43,268
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	23,596	21,597
Deferred income tax (benefit)/provision	(2,039)	2,999
Provision for expected credit losses	2,686	2,288
Stock based compensation expense	3,921	3,819
(Gains)/losses on sale of assets, net	(32,260)	(275)
Other, net	(62)	(340)
Changes in operating assets and liabilities	31,001	18,607
Net cash provided by operating activities	119,486	91,963
INVESTING ACTIVITIES
Cash used for acquisitions of companies, net of cash acquired	(16,978)	(47,586)
Purchases of equipment and property	(7,826)	(6,674)
Proceeds from sales of franchises	99	267
Proceeds from sales of assets	65,101	668
Other, net	(253)	273
Net cash provided by/(used in) investing activities	40,143	(53,052)
FINANCING ACTIVITIES
Payment of contingent consideration	(4,926)	(2,040)
Repayment of term loan	(21,000)	(3,200)
Repayment on revolving commitment	(70,500)	(32,500)
Borrowings on revolving commitment	3,500	64,000
Cash paid for common stock purchased	(9,342)	(8,031)
Dividends paid	(39,389)	(39,317)
Net cash (used in) financing activities	(141,657)	(21,088)
Effect of exchange rate changes on cash	873	(19,517)
Net increase/(decrease) in cash and cash equivalents	18,845	(1,694)
Cash and cash equivalents at beginning of period	98,477	94,276
Cash and cash equivalents at end of period	117,322	92,582
Supplemental disclosure of cash flow information:
Non-cash additions to operating lease right-of-use assets	$ 60,389	$ 27,894

BASIS OF PREPARATION AND OTHER

BASIS OF PREPARATION AND OTHER	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
BASIS OF PREPARATION AND OTHER	NOTE 1. BASIS OF PREPARATION AND OTHER Basis of Preparation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and therefore do not include all information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. There has been no material change in the information disclosed in the notes to the consolidated financial statements included in the Annual Report on Form 10-K of Rollins, Inc. (the “Company”, “we”, “our”) for the year ended December 31, 2020. Accordingly, the quarterly condensed consolidated financial statements and related disclosures herein should be read in conjunction with the 2020 Annual Report on Form 10-K. The preparation of interim financial statements requires management to make estimates and assumptions for the amounts reported in the condensed consolidated financial statements. Specifically, the Company makes estimates in its interim condensed consolidated financial statements for the termite accrual, which includes future costs including termiticide life expectancy and government regulations, the insurance accrual, which includes self-insurance and worker’s compensation, inventory adjustments, discounts and volume incentives earned, among others. In March 2020, the World Health Organization declared the outbreak of COVID-19 a global pandemic, which continues to spread throughout the U.S. and the world. This has resulted in authorities implementing numerous measures to contain the virus, including, but not limited to, travel bans and restrictions, quarantines, shelter-in-place orders, and business limitations and shutdowns. The pest control industry was designated as “essential” by the Department of Homeland Security and the Company has been able to remain operational in every part of the world in which it operates. The Company’s consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets and liabilities and related disclosures as of the date of the condensed consolidated financial statements. The Company considered the impact of COVID-19 on the assumptions and estimates used in preparing the condensed consolidated financial statements. In the opinion of management, all adjustments necessary for a fair presentation of the Company’s financial results for the quarter have been made. These adjustments are of a normal recurring nature but complicated by the uncertainty surrounding the global economic impact of the COVID-19 pandemic. The results of operations for the three months ended March 31, 2021 are not necessarily indicative of results for the entire year. The severity, magnitude and duration, as well as the economic consequences of the COVID-19 pandemic, are uncertain, rapidly changing and difficult to predict. Therefore, our accounting estimates and assumptions may change over time in response to COVID-19 and may change materially in future periods. The Company has one reportable segment, its pest and termite control business. The Company’s results of operations and its financial condition are not reliant upon any single customer, a few customers, or the Company’s foreign operations.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2021
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 2. RECENT ACCOUNTING PRONOUNCEMENTS In March 2020, the FASB issued ASU No. 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”). The update provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) contract modifications on financial reporting, caused by reference rate reform. ASU 2020-04 is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is still evaluating the impact, but does not expect the adoption of the standard to have a material impact on the Company’s consolidated Financial Statements. In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”). The standard eliminates the need for an organization to analyze whether the following apply in a given period (1) exception to the incremental approach for intraperiod tax allocation (2) exceptions to accounting for basis differences when there are ownership changes in foreign investments and (3) exceptions in interim period income tax accounting for year-to-date losses that exceed anticipated losses. The ASU also is designed to improve financial statement preparers’ application of income tax-related guidance and simplify GAAP for (1) franchise taxes that are partially based on income, (2) transactions with a government that result in a step-up in the tax basis of goodwill, (3) separate financial statements of legal entities that are not subject to tax, and (4) enacted changes in tax laws in interim periods. The Company adopted ASU 2019-12 effective January 1, 2021 and the adoption did not have a material impact on the Company’s consolidated financial statements.

REVENUE

REVENUE	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 3. REVENUE The following tables present our revenues disaggregated by revenue source (in thousands). Sales and usage-based taxes are excluded from revenues. No sales to an individual customer or in a country other than the United States accounted for 10% or more of the sales for the periods listed on the following table. Revenue (In thousands) Three Months Ended March 31, 2021 2020 United States $ 494,100 $ 452,346 Other countries 41,454 35,555 Total Revenues $ 535,554 $ 487,901 Revenue from external customers, classified by significant product and service offerings, was as follows: Three Months Ending March 31, (in thousands) 2021 2020 Residential revenue $ 235,179 $ 204,657 Commercial revenue 188,697 183,315 Termite completions, bait monitoring, & renewals 105,694 94,227 Franchise revenues 3,459 3,417 Other revenues 2,525 2,285 Total Revenues $ 535,554 $ 487,901

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
ALLOWANCE FOR CREDIT LOSSES	NOTE 4. ALLOWANCE FOR CREDIT LOSSES Effective January 1, 2020, the Company adopted ASC 326, the new accounting standard related to credit losses. The Company is exposed to credit losses primarily related to accounts receivables and financed receivables derived from customer services revenue. To reduce credit risk for residential pest control accounts receivable, we promote enrollment in our auto-pay programs. In general, we may suspend future services for customers with past due balances. The Company’s credit risk is generally low with a large number of entities comprising Rollins’ customer base and dispersion across many different geographical regions. The Company manages its financing receivables on an aggregate basis when assessing and monitoring credit risks. The Company’s established credit evaluation and monitoring procedures seek to minimize the amount of business we conduct with higher risk customers. The credit quality of a potential obligor is evaluated at the loan origination based on an assessment of the individual’s Beacon/credit bureau score. Rollins requires a potential obligor to have good credit worthiness with low risk before entering into a contract. Depending upon the individual’s credit score, the Company may accept with 100% financing or require a significant down payment or turn down the contract. Delinquencies of accounts are monitored each month. Financing receivables include installment receivable amounts which are due subsequent to one year from the balance sheet dates. ROLLINS, INC. AND SUBSIDIARIES The Company’s allowances for credit losses for trade accounts receivable and financed receivables are developed using historical collection experience, current economic and market conditions, reasonable and supportable forecasts, and a review of the current status of customers’ receivables. The Company’s receivable pools are classified between residential customers, commercial customers, large commercial customers, and financed receivables. Accounts are written-off against the allowance for doubtful accounts when the Company determines that amounts are uncollectible, and recoveries of amounts previously written off are recorded when collected. The Company stops accruing interest to these receivables when they are deemed uncollectible. Below is a roll forward of the Company’s allowance for credit losses for the three months ended March 31, 2021 and 2020. Schedule of Roll Forward of the Company's Allowance for Credit Losses Allowance for Credit Losses Trade Financed Total Balance at December 31, 2020 16,854 3,231 20,085 Provision for expected credit losses 1,865 821 2,686 Write-offs charged against the allowance (4,099 ) (681 ) (4,780 ) Recoveries collected 1,111 (1 ) 1,110 Balance at March 31, 2021 $ 15,731 $ 3,370 $ 19,101 Allowance for Credit Losses Trade Receivables Financed Receivables Total Receivables Balance at December 31, 2019 $ 16,699 $ 2,959 $ 19,658 Adoption of ASC 326 (3,330 ) — (3,330 ) Provision for expected credit losses 1,553 734 2,287 Write-offs charged against the allowance (3,779 ) (640 ) (4,419 ) Recoveries collected 718 — 718 Balance at March 31, 2020 $ 11,861 $ 3,053 $ 14,914

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 5. EARNINGS PER SHARE The Company follows ASC 260, Earnings Per Share Basic and diluted earnings per share attributable to common and restricted shares of common stock Three Months Ending March 31, 2021 2020 Basic and diluted earnings per share Common stock $ 0.19 $ 0.09 Restricted shares of common stock $ 0.19 $ 0.08

CONTINGENCIES

CONTINGENCIES	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	NOTE 6. CONTINGENCIES In the normal course of business, certain of the Company’s subsidiaries are defendants in a number of lawsuits, claims, arbitrations, regulatory actions or investigations which allege that the subsidiaries’ services caused damage or in evaluating the Company’s practices. In addition, the Company defends employment-related cases and claims from time to time. We are involved in certain environmental matters primarily arising in the normal course of business. We are actively contesting each of these matters. Management does not believe that any pending claim, proceeding, litigation, regulatory action (including tax) or investigation, either alone or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or liquidity; however, it is possible that an unfavorable outcome of some or all of the matters, however unlikely, could result in a charge that might be material to the results of an individual quarter or year.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 7. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company's financial instruments consist of cash and cash equivalents, trade receivables, notes receivable, accounts payable, other short-term liabilities, and debt. The carrying amounts of these financial instruments approximate their respective fair values. The Company also has derivative instruments as further discussed in Note 15. Derivative Instruments and Hedging Activities. At March 31, 2021 and 2020, the Company had $33.0 million and $51.3 million of acquisition holdback and earnout liabilities with the former owners of acquired companies. The earnout liabilities were discounted to reflect the expected probability of payout, and both earnout and holdback liabilities were discounted to their net present value on the Company's books and are considered level 3 liabilities. The table below presents a summary of the changes in fair value for these liabilities. The table below presents a summary of the changes in fair value for these liabilities. Three Months Ending March 31, (in thousands) 2021 2020 Beginning $ 35,744 $ 49,131 New acquisitions and revaluations 2,067 4,489 Payouts (4,926 ) (2,040 ) Interest on outstanding contingencies 279 583 Charge offset, forfeit and other (188 ) (835 ) Ending balance $ 32,976 $ 51,328

UNEARNED REVENUE

UNEARNED REVENUE	3 Months Ended
	Mar. 31, 2021
Unearned Revenue
UNEARNED REVENUE	NOTE 8. UNEARNED REVENUE The Company records unearned revenue when we have either received payment or contractually have the right to bill for services in advance of the services or performance obligations being performed. Deferred revenue recognized in the three months ended March 31, 2021 and 2020 were $45.8 million and $42.7 million, respectively. Changes in unearned revenue were as follows: Changes in unearned revenue were as follows: Three Months Ended March 31, (in thousands) 2021 2020 Balance at beginning of year $ 149,224 $ 136,507 Deferral of unearned revenue 55,379 49,552 Recognition of unearned revenue (45,837 ) (42,707 ) Balance at end of period $ 158,766 $ 143,352 The Company had no material contracted, but not recognized, revenue as of March 31, 2021 or December 31, 2020. At March 31, 2021 and December 31, 2020, the Company had long-term unearned revenue of $ 18.4 18.0 five years

LEASES

LEASES	3 Months Ended
	Mar. 31, 2021
Leases
LEASES	NOTE 9. LEASES The Company leases certain buildings, vehicles, and equipment in order to reduce the risk associated with ownership. The Company elected the practical expedient approach permitted under ASC 842 not to include short-term leases with a duration of 12 months or less on the balance sheet. As of March 31, 2021, and December 31, 2020, all leases were classified as operating leases. Building leases generally carry terms of 5 to 15 years with annual rent escalations at fixed amounts per the lease. Vehicle leases generally carry a fixed term of one year with renewal options to extend the lease on a monthly basis resulting in lease terms up to 7 years depending on the class of vehicle. The exercise of renewal options is at the Company’s sole discretion. It is reasonably certain that the Company will exercise the renewal options on its vehicle leases. The measurement of right-of-use assets and liabilities for vehicle leases includes the fixed payments associated with such renewal periods. We separate lease and non-lease components of contracts. Our lease agreements do not contain any material variable payments, residual value guarantees, early termination penalties or restrictive covenants. During the three months ended March 31, 2021, the Company completed a sale-leaseback transaction where it sold 16 of its properties related to the Clark Pest Control acquisition for gross proceeds of $62.1 million and a gain of $31.1 million. These leases are classified as operating leases with terms of 7 to 15 years. ROLLINS, INC. AND SUBSIDIARIES The Company uses the rate implicit in the lease when available; however, most of our leases do not provide a readily determinable implicit rate. Accordingly, we estimate our incremental borrowing rate based on information available at lease commencement. (in thousands) Three Months Ended March 31, Lease Classification Financial Statement Classification 2021 2020 Short-term lease cost Cost of services provided, Sales, general, and administrative expenses $ 60 $ 76 Operating lease cost Cost of services provided, Sales, general, and administrative expenses 22,634 20,717 Total lease expense $ 22,694 $ 20,793 Other Information Weighted-average remaining lease term – operating leases 5.66 years 3.84 years Weighted-average discount rate – operating leases 3.85 % 3.93 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 22,457 $ 20,477 Lease Commitments Future minimum lease payments (in thousands) Operating 2021 (excluding the three months ended March 31, 2021) $ 64,099 2022 70,231 2023 50,144 2024 27,083 2025 14,908 2026 10,803 Thereafter 48,844 Total Future Minimum Lease Payments 286,112 Less: Amount representing interest 31,782 Total future minimum lease payments, net of interest $ 254,330 Future commitments presented in the table above include lease payments in renewal periods for which it is reasonably certain that the Company will exercise the renewal option. Total future minimum lease payments for operating leases, including the amount representing interest, are comprised of $ 156.8 129.3 ROLLINS, INC. AND SUBSIDIARIES

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 10. GOODWILL AND INTANGIBLE ASSETS The cumulative carrying amount of goodwill was $659.8 million and $653.2 million at March 31, 2021 and December 31, 2020, respectively. Goodwill generally changes due to the timing of acquisitions, finalization of allocation of purchase prices of previous acquisitions and foreign currency translations. The carrying amount of goodwill in foreign countries was $81.3 million at March 31, 2021 and $81.4 million at December 31, 2020. The Company tests goodwill and indefinite-lived intangible assets as of September 30 each year, or more frequently if indicators of an impairment exist. The Company has concluded there were no indicators of impairment during the three months ended March 31, 2021. The carrying amount of customer contracts was $ 297.3 298.9 108.8 109.0 10.2 10.8 44.6 45.7 3.2 3.3 0.9 1.0 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 indefinite-lived and amortizable intangible assets as of March 31, 2021 (in thousands): Intangible Asset Carrying Useful Life Customer contracts $ 297,288 3 20 Trademarks and tradenames 108,761 N/A- 20 Non-compete agreements 4,457 3 20 Internet domains 2,227 N/A 10 Patents 1,446 3 15 Other assets 2,068 N/A- 10 Total customer contracts and other intangible assets $ 416,247

DEBT

DEBT	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
DEBT	NOTE 11. DEBT On April 30, 2019, the Company entered into a Revolving Credit Agreement with Truist Bank N.A. (formerly SunTrust Bank N.A.) and Bank of America, N.A. (the “Credit Agreement”) for an unsecured revolving commitment of up to $ 175.0 75.0 25.0 250.0 115.0 67.0 136.0 The Credit Agreement includes a debt covenant that requires the Company’s leverage ratio to be no greater than 3.00:1.00. The Leverage Ratio is calculated as of the last day of the fiscal quarter most recently ended.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12. STOCKHOLDERS' EQUITY During the three months ended March 31, 2021, the Company paid $39.4 million, or $ 0.08 0.08 During the first quarter ended March 31, 2021 and during the same period in 2020, the Company did not repurchase shares on the open market. The Company repurchases shares from employees for the payment of their taxes on restricted shares that have vested. The Company repurchased $ 9.3 8.0 As more fully discussed in Note 17 of the Company’s notes to the consolidated financial statements in its 2020 Annual Report on Form 10-K, time-lapse restricted shares and restricted stock units have been issued to officers and other management employees under the Company’s Employee Stock Incentive Plans. The Company issues new shares from its authorized but unissued share pool. At March 31, 2021, approximately 6.6 million shares of the Company’s common stock were reserved for issuance. Time Lapse Restricted Shares The following table summarizes the components of the Company’s stock-based compensation Three Months Ended March 31, (in thousands) 2021 2020 Time lapse restricted stock: Pre-tax compensation expense $ 3,921 $ 3,819 Tax benefit (886 ) (837 ) Restricted stock expense, net of tax $ 3,035 $ 2,982 The following table summarizes information on unvested restricted stock outstanding (number of shares in thousands) Number of Average Grant- Unvested Restricted Stock at December 31, 2020 2,870 $ 20.36 Forfeited (10 ) 22.44 Vested (774 ) 16.16 Granted 778 37.04 Unvested Restricted Stock at March 31, 2021 2,864 $ 26.02 At March 31, 2021 and December 31, 2020, the Company had $ 65.2 40.5 4.5 years

PENSION PLAN

PENSION PLAN	3 Months Ended
	Mar. 31, 2021
Retirement Benefits [Abstract]
PENSION PLAN	NOTE 13. PENSION PLAN In September 2019, the Company settled its fully-funded Rollins, Inc. pension plan. As of March 31, 2021, $1.2 million of Rollins, Inc. pension assets remained in the trust with a planned reversion of the remaining pension assets to the Company per ERISA regulations before year end. The Company anticipates tax of approximately 45% of the pension plan assets to be paid upon reversion, which includes 20% excise tax. In addition, the Company has a remaining Waltham, Inc. defined benefit plan. This plan had assets of $2.1 million, a projected liability of $3.0 million and an unfunded status of $0.9 million as of March 31, 2021. The Company has not made contributions to its defined benefit retirement plans since 2019.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	3 Months Ended
	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
BUSINESS COMBINATIONS	NOTE 14. BUSINESS COMBINATIONS The Company made nine 31 Schedule of Assets Acquired and Liabilities assumed recorded at the date of acquisition. March 31, Accounts receivable, net $ 354 Materials & supplies 80 Equipment and property 867 Goodwill 6,996 Customer contracts 10,618 Other intangible assets 38 Current liabilities (54 ) Other assets and liabilities, net 146 Total purchase price 19,045 Less: Contingent consideration liability (2,067 ) Total cash purchase price $ 16,978 Goodwill from acquisitions represents the excess of the purchase price over the fair value of net assets of businesses acquired. The factors contributing to the amount of goodwill are based on strategic and synergistic benefits that are expected to be realized. For the period ended March 31, 2021, $7.0 million of goodwill was added related to the nine acquisitions noted above. The recognized goodwill is expected to be deductible for tax purposes.

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 15. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Risk Management Objective of Using Derivatives The Company is exposed to certain interest rate risks on our outstanding debt and foreign currency risks arising from our international business operations and global economic conditions. The Company enters into certain derivative financial instruments to lock in certain interest rates, as well as to protect the value or fix the amount of certain obligations in terms of its functional currency, the U.S. dollar. Cash Flow Hedges of Interest Rate Risk The Company uses interest rate swap arrangements to manage or hedge its interest rate risk. Notwithstanding the terms of the swaps, the Company is ultimately obligated for all amounts due and payable under the Credit Facility. The Company does not use such instruments for speculative or trading purposes. On June 19, 2019, the Company entered into a floating-to-fixed interest rate swap for an aggregate notional amount of $100.0 million in order to hedge a portion of the Company’s floating rate indebtedness under the Credit Facility. The Company designated the swap as a cash flow hedge. The swap requires us to pay a fixed rate of 1.94% per annum on the notional amount. The cash flows from the swap began June 30, 2019 and ends on December 31, 2021. As of December 31, 2020, $0.4 million had been recorded as a loss in Accumulated Other Comprehensive Income (“AOCI”). For the three months ended March 31, 2021, a gain of $0.2 million was recorded in AOCI, compared to a loss of $0.7 million for the three months ended March 31, 2020. Realized gains and losses in connection with each required interest payment are reclassified from AOCI to interest expense during the period of the cash flows. During the first three months ended March 31, 2021, the Company reclassified nil into interest expense and credited $0.1 million as interest income during the three months ended March 31, 2020. The fair value of the Company’s interest rate swaps was recorded as $0.2 million in Other Current Liabilities at March 31, 2021. The fair value of the Company’s interest rate swaps was recorded as $0.2 million in Long-Term Liabilities at December 31, 2020. On a quarterly basis, management evaluates any swap agreement to determine its effectiveness or ineffectiveness and records the change in fair value as an adjustment to AOCI. Management intends that the swap remains effective. ROLLINS, INC. AND SUBSIDIARIES Hedges of Foreign Exchange Risk The Company is exposed to fluctuations in various foreign currencies against its functional currency, the US dollar. We use foreign currency derivatives, specifically foreign currency forward contracts (“FX Forwards”), to manage our exposure to fluctuations in the USD-CAD and AUD-USD exchange rates. FX Forwards involve fixing the foreign currency exchange rate for delivery of a specified amount of foreign currency on a specified date. The FX Forwards are typically settled in US dollars for their fair value at or close to their settlement date. We do not currently designate any of these FX Forwards under hedge accounting, but rather reflect the changes in fair value immediately in earnings. We do not use such instruments for speculative or trading purposes, but rather use them to manage our exposure to foreign exchange rates. Changes in the fair value of FX Forwards were recorded in other income/expense and were equal to a net loss of $0.3 million and a net gain of $1.1 million for the three months ended March 31, 2021 and 2020, respectively. The fair values of the Company’s FX Forwards were recorded as net obligations of $0.4 million and $0.4 million in Other Current Liabilities at March 31, 2021 and December 31, 2020, respectively. As of March 31, 2021, the Company had the following outstanding FX Forwards Non-Designated Derivative Summary FX Forward Contracts Number of Sell Buy Sell AUD/Buy USD Fwd Contract 11 $ 1,300 $ 949 Sell CAD/Buy USD Fwd Contract 13 $ 13,500 $ 10,393 Total 24 $ 11,342 The financial statement impact related to these derivative instruments was insignificant for the three months ended March 31, 2021 and year ended December 31, 2020.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16. SUBSEQUENT EVENTS The Company previously announced that it was pursuing corrective actions in connection with certain corporate acts involving the amendment to the Company’s certificate of incorporation that was approved by Company stockholders on April 23, 2019 (the “2019 Amendment”). In connection with the 2019 Amendment, the shareholders voted to increase the number of authorized shares of capital stock to 550,500,000 shares, including 550 million shares of common stock and 500,000 shares of preferred stock. Due to a clerical error, the Certificate of Amendment for the 2019 Amendment was not filed with the Delaware Secretary of State. The Company filed a petition with the Delaware Chancery Court to deem the 2019 Amendment to be filed on April 23, 2019, and the Court granted the petition on April 23, 2021 resulting in the correction of the technical defects. On April 27, 2021, shareholders approved an amendment to Rollins, Inc.’s Certificate of Incorporation to increase the number of authorized shares of common stock from 550,000,000 800,000,000 On April 27, 2021, the Company announced that the Board of Directors declared a regular quarterly cash dividend on its common stock of $ 0.08

BASIS OF PREPARATION AND OTHER

BASIS OF PREPARATION AND OTHER (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Preparation	Basis of Preparation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and therefore do not include all information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. There has been no material change in the information disclosed in the notes to the consolidated financial statements included in the Annual Report on Form 10-K of Rollins, Inc. (the “Company”, “we”, “our”) for the year ended December 31, 2020. Accordingly, the quarterly condensed consolidated financial statements and related disclosures herein should be read in conjunction with the 2020 Annual Report on Form 10-K. The preparation of interim financial statements requires management to make estimates and assumptions for the amounts reported in the condensed consolidated financial statements. Specifically, the Company makes estimates in its interim condensed consolidated financial statements for the termite accrual, which includes future costs including termiticide life expectancy and government regulations, the insurance accrual, which includes self-insurance and worker’s compensation, inventory adjustments, discounts and volume incentives earned, among others. In March 2020, the World Health Organization declared the outbreak of COVID-19 a global pandemic, which continues to spread throughout the U.S. and the world. This has resulted in authorities implementing numerous measures to contain the virus, including, but not limited to, travel bans and restrictions, quarantines, shelter-in-place orders, and business limitations and shutdowns. The pest control industry was designated as “essential” by the Department of Homeland Security and the Company has been able to remain operational in every part of the world in which it operates. The Company’s consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets and liabilities and related disclosures as of the date of the condensed consolidated financial statements. The Company considered the impact of COVID-19 on the assumptions and estimates used in preparing the condensed consolidated financial statements. In the opinion of management, all adjustments necessary for a fair presentation of the Company’s financial results for the quarter have been made. These adjustments are of a normal recurring nature but complicated by the uncertainty surrounding the global economic impact of the COVID-19 pandemic. The results of operations for the three months ended March 31, 2021 are not necessarily indicative of results for the entire year. The severity, magnitude and duration, as well as the economic consequences of the COVID-19 pandemic, are uncertain, rapidly changing and difficult to predict. Therefore, our accounting estimates and assumptions may change over time in response to COVID-19 and may change materially in future periods. The Company has one reportable segment, its pest and termite control business. The Company’s results of operations and its financial condition are not reliant upon any single customer, a few customers, or the Company’s foreign operations.

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Revenue
REVENUE	(In thousands) Three Months Ended March 31, 2021 2020 United States $ 494,100 $ 452,346 Other countries 41,454 35,555 Total Revenues $ 535,554 $ 487,901
REVENUE (Details 2)	Three Months Ending March 31, (in thousands) 2021 2020 Residential revenue $ 235,179 $ 204,657 Commercial revenue 188,697 183,315 Termite completions, bait monitoring, & renewals 105,694 94,227 Franchise revenues 3,459 3,417 Other revenues 2,525 2,285 Total Revenues $ 535,554 $ 487,901

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Schedule of Roll Forward of the Company's Allowance for Credit Losses	Schedule of Roll Forward of the Company's Allowance for Credit Losses
ALLOWANCE FOR CREDIT LOSSES	Allowance for Credit Losses Trade Financed Total Balance at December 31, 2020 16,854 3,231 20,085 Provision for expected credit losses 1,865 821 2,686 Write-offs charged against the allowance (4,099 ) (681 ) (4,780 ) Recoveries collected 1,111 (1 ) 1,110 Balance at March 31, 2021 $ 15,731 $ 3,370 $ 19,101 Allowance for Credit Losses Trade Receivables Financed Receivables Total Receivables Balance at December 31, 2019 $ 16,699 $ 2,959 $ 19,658 Adoption of ASC 326 (3,330 ) — (3,330 ) Provision for expected credit losses 1,553 734 2,287 Write-offs charged against the allowance (3,779 ) (640 ) (4,419 ) Recoveries collected 718 — 718 Balance at March 31, 2020 $ 11,861 $ 3,053 $ 14,914

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Basic and diluted earnings per share attributable to common and restricted shares of common stock	Basic and diluted earnings per share attributable to common and restricted shares of common stock
EARNINGS PER SHARE	Three Months Ending March 31, 2021 2020 Basic and diluted earnings per share Common stock $ 0.19 $ 0.09 Restricted shares of common stock $ 0.19 $ 0.08

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
The table below presents a summary of the changes in fair value for these liabilities.	The table below presents a summary of the changes in fair value for these liabilities.
FAIR VALUE OF FINANCIAL INSTRUMENTS	Three Months Ending March 31, (in thousands) 2021 2020 Beginning $ 35,744 $ 49,131 New acquisitions and revaluations 2,067 4,489 Payouts (4,926 ) (2,040 ) Interest on outstanding contingencies 279 583 Charge offset, forfeit and other (188 ) (835 ) Ending balance $ 32,976 $ 51,328

UNEARNED REVENUE (Tables)

UNEARNED REVENUE (Tables)	3 Months Ended
	Mar. 31, 2021
Unearned Revenue
Changes in unearned revenue were as follows:	Changes in unearned revenue were as follows:
UNEARNED REVENUE	Three Months Ended March 31, (in thousands) 2021 2020 Balance at beginning of year $ 149,224 $ 136,507 Deferral of unearned revenue 55,379 49,552 Recognition of unearned revenue (45,837 ) (42,707 ) Balance at end of period $ 158,766 $ 143,352

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2021
Leases
Schedule of Leases Classification [Table Text Block]
Lease Classification	(in thousands) Three Months Ended March 31, Lease Classification Financial Statement Classification 2021 2020 Short-term lease cost Cost of services provided, Sales, general, and administrative expenses $ 60 $ 76 Operating lease cost Cost of services provided, Sales, general, and administrative expenses 22,634 20,717 Total lease expense $ 22,694 $ 20,793 Other Information Weighted-average remaining lease term – operating leases 5.66 years 3.84 years Weighted-average discount rate – operating leases 3.85 % 3.93 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 22,457 $ 20,477
Future minimum lease payments	Future minimum lease payments
LEASES (Details 2)	(in thousands) Operating 2021 (excluding the three months ended March 31, 2021) $ 64,099 2022 70,231 2023 50,144 2024 27,083 2025 14,908 2026 10,803 Thereafter 48,844 Total Future Minimum Lease Payments 286,112 Less: Amount representing interest 31,782 Total future minimum lease payments, net of interest $ 254,330

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	Intangible Asset Carrying Useful Life Customer contracts $ 297,288 3 20 Trademarks and tradenames 108,761 N/A- 20 Non-compete agreements 4,457 3 20 Internet domains 2,227 N/A 10 Patents 1,446 3 15 Other assets 2,068 N/A- 10 Total customer contracts and other intangible assets $ 416,247

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
components of the Company’s stock-based compensation	The following table summarizes the components of the Company’s stock-based compensation
STOCKHOLDERS' EQUITY	Three Months Ended March 31, (in thousands) 2021 2020 Time lapse restricted stock: Pre-tax compensation expense $ 3,921 $ 3,819 Tax benefit (886 ) (837 ) Restricted stock expense, net of tax $ 3,035 $ 2,982
information on unvested restricted stock outstanding	The following table summarizes information on unvested restricted stock outstanding
STOCKHOLDERS' EQUITY (Details 2)	(number of shares in thousands) Number of Average Grant- Unvested Restricted Stock at December 31, 2020 2,870 $ 20.36 Forfeited (10 ) 22.44 Vested (774 ) 16.16 Granted 778 37.04 Unvested Restricted Stock at March 31, 2021 2,864 $ 26.02

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	3 Months Ended
	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of Assets Acquired and Liabilities assumed recorded at the date of acquisition.	Schedule of Assets Acquired and Liabilities assumed recorded at the date of acquisition.
BUSINESS COMBINATIONS	March 31, Accounts receivable, net $ 354 Materials & supplies 80 Equipment and property 867 Goodwill 6,996 Customer contracts 10,618 Other intangible assets 38 Current liabilities (54 ) Other assets and liabilities, net 146 Total purchase price 19,045 Less: Contingent consideration liability (2,067 ) Total cash purchase price $ 16,978

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Company had the following outstanding FX Forwards	As of March 31, 2021, the Company had the following outstanding FX Forwards
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	Non-Designated Derivative Summary FX Forward Contracts Number of Sell Buy Sell AUD/Buy USD Fwd Contract 11 $ 1,300 $ 949 Sell CAD/Buy USD Fwd Contract 13 $ 13,500 $ 10,393 Total 24 $ 11,342

REVENUE (Details)

REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 535,554	$ 487,901
UNITED STATES
Disaggregation of Revenue [Line Items]
Revenues	494,100	452,346
Non-US [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 41,454	$ 35,555

REVENUE (Details 2)

REVENUE (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 535,554	$ 487,901
Residential Contract Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	235,179	204,657
Commercial Contract Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	188,697	183,315
Termite Completions Bait Monitoring Renewals [Member]
Disaggregation of Revenue [Line Items]
Revenues	105,694	94,227
Franchise Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,459	3,417
Other Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 2,525	$ 2,285

ALLOWANCE FOR CREDIT LOSSES (De

ALLOWANCE FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at December 31, 2019	$ 20,085	$ 19,658
Provision for expected credit losses	2,686	2,287
Write-offs charged against the allowance	(4,780)	(4,419)
Recoveries collected	1,110	718
Balance at March 31, 2020	19,101	14,914
Adoption of ASC 326		(3,330)
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at December 31, 2019	16,854	16,699
Provision for expected credit losses	1,865	1,553
Write-offs charged against the allowance	(4,099)	(3,779)
Recoveries collected	1,111	718
Balance at March 31, 2020	15,731	11,861
Adoption of ASC 326		(3,330)
Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at December 31, 2019	3,231	2,959
Provision for expected credit losses	821	734
Write-offs charged against the allowance	(681)	(640)
Recoveries collected	(1)
Balance at March 31, 2020	$ 3,370	3,053
Adoption of ASC 326

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Earning Per Share	$ 0.19	$ 0.09
Common Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Earning Per Share	0.19	0.09
Restricted Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Earning Per Share	$ 0.19	$ 0.08

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - Fair Value, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning	$ 35,744	$ 49,131
New acquisitions and revaluations	2,067	4,489
Payouts	(4,926)	(2,040)
Interest on outstanding contingencies	279	583
Charge offset, forfeit and other	(188)	(835)
Ending balance	$ 32,976	$ 51,328

UNEARNED REVENUE (Details)

UNEARNED REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Unearned Revenue
Balance at beginning of year	$ 149,224	$ 136,507
Deferral of unearned revenue	55,379	49,552
Recognition of unearned revenue	(45,837)	(42,707)
Balance at end of period	$ 158,766	$ 143,352

UNEARNED REVENUE (Details Narra

UNEARNED REVENUE (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Unearned Revenue
Long-term unearned revenue	$ 18,400	$ 18,000
Long-term unearned revenue, recognition period (or less)	5 years

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Leases
Short-term lease cost	$ 60	$ 76
Operating lease cost	22,634	20,717
Total lease expense	$ 22,694	$ 20,793
Operating Lease, Weighted Average Remaining Lease Term	5 years 240 days 21 hours 36 minutes	3 years 306 days 14 hours 24 minutes
Operating Lease, Weighted Average Discount Rate, Percent	3.85%	3.93%
Operating cash flows for operating leases	$ 22,457	$ 20,477

LEASES (Details 2)

LEASES (Details 2) $ in Thousands	Mar. 31, 2021USD ($)
Leases
2021 (excluding the three months ended March 31, 2021)	$ 64,099
2022	70,231
2023	50,144
2024	27,083
2025	14,908
2026	10,803
Thereafter	48,844
Total Future Minimum Lease Payments	286,112
Less: Amount representing interest	31,782
Total future minimum lease payments, net of interest	$ 254,330

LEASES (Details Narrative)

LEASES (Details Narrative) $ in Thousands	Mar. 31, 2021USD ($)
Lessor, Lease, Description [Line Items]
Future minimum lease payments	$ 286,112
Building [Member]
Lessor, Lease, Description [Line Items]
Future minimum lease payments	156,800
Vehicles [Member]
Lessor, Lease, Description [Line Items]
Future minimum lease payments	$ 129,300

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 416,247
Customer Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 297,288
Customer Contracts [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	3 years
Customer Contracts [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	20 years
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 108,761
Finite lived intangible assets useful life	20 years
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 4,457
Noncompete Agreements [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	3 years
Noncompete Agreements [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	20 years
Internet Domain Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 2,227
Finite lived intangible assets useful life	10 years
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 1,446
Patents [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	3 years
Patents [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets useful life	15 years
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 2,068
Finite lived intangible assets useful life	10 years

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	$ 108,800	$ 109,000
Carrying amount of goodwill in foreign countries	3,200	3,300
Customer Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	297,300	298,900
Carrying amount of goodwill in foreign countries	44,600	45,700
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	10,200	10,800
Carrying amount of goodwill in foreign countries	$ 900	$ 1,000

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Line of Credit Facility [Line Items]
Debt Instrument, Restrictive Covenants	The Credit Agreement includes a debt covenant that requires the Company’s leverage ratio to be no greater than 3.00:1.00. The Leverage Ratio is calculated as of the last day of the fiscal quarter most recently ended.
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term Line of Credit	$ 115,000	$ 67,000
Revolving Credit Facility [Member] | Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	175,000
Revolving Credit Facility [Member] | Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	75,000
Revolving Credit Facility [Member] | Swingline Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	25,000
Truist Bank N A And Bank Of America [Member]
Line of Credit Facility [Line Items]
Long-term Line of Credit	$ 250,000
Term Loan [Member]
Line of Credit Facility [Line Items]
Long-term Line of Credit		$ 136,000

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Time lapse restricted stock:
Pre-tax compensation expense	$ 3,921	$ 3,819
Tax benefit	(886)	(837)
Restricted stock expense, net of tax	$ 3,035	$ 2,982

STOCKHOLDERS' EQUITY (Details 2

STOCKHOLDERS' EQUITY (Details 2)	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Equity [Abstract]
Balance outstanding at the beginning of the period (in shares) | shares	2,870
Balance at the beginning of the period (in dollars per share) | $ / shares	$ 20.36
Forfeited (in shares) | shares	(10)
Forfeited (in dollars per share) | $ / shares	$ 22.44
Vested (in shares) | shares	(774)
Vested (in dollars per share) | $ / shares	$ 16.16
Granted (in shares) | shares	778
Granted (in dollars per share) | $ / shares	$ 37.04
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance | shares	2,864
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 26.02

STOCKHOLDERS' EQUITY (Details N

STOCKHOLDERS' EQUITY (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Equity [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.08	$ 0.08
Shares Repurchased	$ 9,300	$ 8,000
Unrecognized compensation cost	$ 65,200		$ 40,500
Unrecognized compensation cost, period for recognition	4 years 6 months		4 years 6 months

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Materials & supplies	$ 32,645	$ 30,843
Goodwill	659,795	$ 653,176
Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable, net	354
Materials & supplies	80
Equipment and property	867
Goodwill	6,996
Customer contracts	10,618
Other intangible assets	38
Current liabilities	(54)
Other assets and liabilities, net	146
Total purchase price	19,045
Less: Contingent consideration liability	(2,067)
Total cash purchase price	$ 16,978

BUSINESS COMBINATIONS (Details

BUSINESS COMBINATIONS (Details Narrative) - Number	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Business Combination and Asset Acquisition [Abstract]
Number of acquisitions	9	31

DERIVATIVE INSTRUMENTS AND HE_3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) $ in Thousands	Mar. 31, 2020USD ($)Franchise
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Number of Instruments Held | Franchise	24
Buy Notional	$ 11,342
Sell AUD/Buy USD Fwd Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Number of Instruments Held | Franchise	11
Sell Notional	$ 1,300
Buy Notional	$ 949
Sell CAD/Buy USD Fwd Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Number of Instruments Held | Franchise	13
Sell Notional	$ 13,500
Buy Notional	$ 10,393

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - $ / shares	Apr. 27, 2021	Apr. 26, 2021	Mar. 31, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Common Stock, Shares Authorized			550,000,000	550,000,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Common Stock, Shares Authorized	800,000,000	550,000,000
Dividend declared quarterly (in dollars per share)	$ 0.08