Item 6. Selected Financial Data.
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Item 6. Selected Financial Data.
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, | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
| Revenues | $ | 1,485,305 | $ | 1,411,566 | $ | 1,337,374 | $ | 1,270,909 | $ | 1,205,064 | ||||||||||
| Income Before Income Taxes | 243,178 | 219,484 | 191,606 | 176,642 | 161,096 | |||||||||||||||
| Net Income | 152,149 | 137,664 | 123,330 | 111,332 | 100,711 | |||||||||||||||
| Earnings Per Share - Basic: | 0.70 | 0.63 | 0.56 | 0.51 | 0.46 | |||||||||||||||
| Earnings Per Share - Diluted: | 0.70 | 0.63 | 0.56 | 0.51 | 0.46 | |||||||||||||||
| Dividends paid per share | 0.42 | 0.35 | 0.30 | 0.29 | 0.19 | |||||||||||||||
| OTHER DATA: | ||||||||||||||||||||
| Net cash provided by operating activities | $ | 196,356 | $ | 194,146 | $ | 162,665 | $ | 141,919 | $ | 154,647 | ||||||||||
| Net cash used in investing activities | (69,942 | ) | (89,471 | ) | (30,790 | ) | (42,693 | ) | (29,154 | ) | ||||||||||
| Net cash used in financing activities | (97,216 | ) | (106,519 | ) | (75,653 | ) | (80,989 | ) | (99,427 | ) | ||||||||||
| Depreciation | 19,354 | 16,627 | 14,415 | 15,212 | 15,112 | |||||||||||||||
| Amortization of intangible assets | 25,168 | 26,882 | 25,156 | 23,443 | 22,391 | |||||||||||||||
| Capital expenditures | $ | (39,495 | ) | $ | (28,739 | ) | $ | (18,632 | ) | $ | (19,040 | ) | $ | (18,652 | ) | |||||
| BALANCE SHEET DATA AT END OF YEAR: | ||||||||||||||||||||
| Current assets | $ | 313,879 | $ | 283,958 | $ | 272,442 | $ | 205,992 | $ | 175,822 | ||||||||||
| Total assets | 852,431 | 808,162 | 739,217 | 692,506 | 645,650 | |||||||||||||||
| Stockholders’ equity | $ | 524,029 | $ | 462,676 | $ | 438,255 | $ | 354,956 | $ | 323,997 | ||||||||||
| Number of shares outstanding at year-end | 218,553 | 218,283 | 218,797 | 219,023 | 219,376 |
| 14 |
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