Item 6. Selected Financial Data.
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Item 6. Selected Financial Data.
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The following summary financial data of Rollins highlights selected financial data and should be read in conjunction with the financial statements included elsewhere in this document.
FIVE-YEAR FINANCIAL SUMMARY
Rollins, Inc. and Subsidiaries
| STATEMENT OF OPERATIONS DATA: | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (in thousands except per share data) | ||||||||||||||||||||
| Years ended December 31, | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
| Revenues | $ | 1,411,566 | $ | 1,337,374 | $ | 1,270,909 | $ | 1,205,064 | $ | 1,136,890 | ||||||||||
| Income Before Income Taxes | 219,484 | 191,606 | 176,642 | 161,096 | 143,545 | |||||||||||||||
| Net Income | 137,664 | 123,330 | 111,332 | 100,711 | 90,002 | |||||||||||||||
| Earnings Per Share - Basic: | 0.94 | 0.84 | 0.76 | 0.69 | 0.61 | |||||||||||||||
| Earnings Per Share - Diluted: | 0.94 | 0.84 | 0.76 | 0.69 | 0.61 | |||||||||||||||
| Dividends paid per share | 0.52 | 0.45 | 0.44 | 0.28 | 0.24 | |||||||||||||||
| OTHER DATA: | ||||||||||||||||||||
| Net cash provided by operating activities | $ | 194,146 | $ | 162,665 | $ | 141,919 | $ | 154,647 | $ | 124,053 | ||||||||||
| Net cash used in investing activities | (89,471 | ) | (30,790 | ) | (42,693 | ) | (29,154 | ) | (47,645 | ) | ||||||||||
| Net cash used in financing activities | (106,518 | ) | (75,653 | ) | (80,989 | ) | (99,427 | ) | (65,497 | ) | ||||||||||
| Depreciation | 16,627 | 14,415 | 15,212 | 15,112 | 15,975 | |||||||||||||||
| Amortization of intangible assets | 26,882 | 25,156 | 23,443 | 22,391 | 20,433 | |||||||||||||||
| Capital expenditures | $ | (28,739 | ) | $ | (18,632 | ) | $ | (19,040 | ) | $ | (18,652 | ) | $ | (13,036 | ) | |||||
| BALANCE SHEET DATA AT END OF YEAR: | ||||||||||||||||||||
| Current assets | $ | 283,958 | $ | 272,442 | $ | 205,992 | $ | 175,822 | $ | 151,021 | ||||||||||
| Total assets | 808,162 | 739,217 | 692,506 | 645,650 | 619,014 | |||||||||||||||
| Line of credit | — | — | — | — | 26,000 | |||||||||||||||
| Stockholders’ equity | $ | 462,676 | $ | 438,255 | $ | 354,956 | $ | 323,997 | $ | 297,970 | ||||||||||
| Number of shares outstanding at year-end | 145,522 | 145,864 | 146,015 | 146,251 | 147,181 |
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