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, | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
| Revenues | $ | 1,573,477 | $ | 1,485,305 | $ | 1,411,566 | $ | 1,337,374 | $ | 1,270,909 | ||||||||||
| Income Before Income Taxes | 260,636 | 243,178 | 219,484 | 191,606 | 176,642 | |||||||||||||||
| Net Income | 167,369 | 152,149 | 137,664 | 123,330 | 111,332 | |||||||||||||||
| Earnings Per Share - Basic: | 0.77 | 0.70 | 0.63 | 0.56 | 0.51 | |||||||||||||||
| Earnings Per Share - Diluted: | 0.77 | 0.70 | 0.63 | 0.56 | 0.51 | |||||||||||||||
| Dividends paid per share | 0.50 | 0.42 | 0.35 | 0.30 | 0.29 | |||||||||||||||
| OTHER DATA: | ||||||||||||||||||||
| Net cash provided by operating activities | $ | 226,525 | $ | 196,356 | $ | 194,146 | $ | 162,665 | $ | 141,919 | ||||||||||
| Net cash used in investing activities | (76,842 | ) | (69,942 | ) | (89,471 | ) | (30,790 | ) | (42,693 | ) | ||||||||||
| Net cash used in financing activities | (136,371 | ) | (97,216 | ) | (106,519 | ) | (75,653 | ) | (80,989 | ) | ||||||||||
| Depreciation | 24,725 | 19,354 | 16,627 | 14,415 | 15,212 | |||||||||||||||
| Amortization of intangible assets | 26,177 | 25,168 | 26,882 | 25,156 | 23,443 | |||||||||||||||
| Capital expenditures | $ | (33,081 | ) | $ | (39,495 | ) | $ | (28,739 | ) | $ | (18,632 | ) | $ | (19,040 | ) | |||||
| BALANCE SHEET DATA AT END OF YEAR: | ||||||||||||||||||||
| Current assets | $ | 290,171 | $ | 269,434 | $ | 241,194 | $ | 234,924 | $ | 172,654 | ||||||||||
| Total assets | 916,538 | 848,651 | 808,162 | 739,217 | 692,506 | |||||||||||||||
| Stockholders’ equity | $ | 568,545 | $ | 524,029 | $ | 462,676 | $ | 438,255 | $ | 354,956 | ||||||||||
| Number of shares outstanding at year-end | 217,792 | 218,553 | 218,283 | 218,797 | 219,023 |
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