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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2020
Business Combinations [Abstract] |
fair values of Clark Pest Control's assets and liabilities, at the date of acquisition | The fair values of Clark Pest Control's assets and liabilities, at the date of acquisition, were as follows:
ACQUISITIONS |
(in thousands) |  | at April 30, 2019 |
Assets and liabilities: |  |  |  |
Trade accounts receivables |  | $ | 6,974 |
Materials and supplies |  |  | 900 |
Other current assets |  |  | 5,367 |
Equipment and property, net |  |  | 65,535 |
Goodwill |  |  | 191,853 |
Customer contracts |  |  | 112,700 |
Trademarks & tradenames |  |  | 49,300 |
Non-compete agreements |  |  | 500 |
Accounts payable |  |  | (1,929 | )
Accrued compensation and related liabilities |  |  | (5,678 | )
Unearned revenues |  |  | (879 | )
Other current liabilities |  |  | (877 | )
Accrued insurance, less current portion |  |  | (1,870 | )
Total consideration |  |  | 421,896 |
Less: contingent consideration |  |  | (26,627 | )
Total cash paid at acquisition |  | $ | 395,269 |
unaudited pro forma financial information presented below gives effect to the Clark Pest Control acquisition as if it had occurred as of the beginning of our fiscal year 2018 | The unaudited pro forma financial information presented below gives effect to the Clark Pest Control acquisition as if it had occurred as of the beginning of our fiscal year 2018. The information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
ACQUISITIONS (Details 2) |
|  | 12 Months Ended |
|  | December 31, |
(in thousands, except per share amounts) |  | 2019 |  |  | 2018 |
Revenues: |  |  |  |  |  |  |  |
Customer Services |  | $ | 2,060,280 |  |  | $ | 1,960,741 |
Costs And Expenses |  |  | 1,798,984 |  |  |  | 1,640,120 |
Income Before Income Taxes |  |  | 261,296 |  |  |  | 320,621 |
Provision For Income Taxes |  |  | 57,813 |  |  |  | 79,070 |
Net Income |  | $ | 203,483 |  |  | $ | 241,551 |
Net Income Per Share - Basic And Diluted |  | $ | 0.41 |  |  | $ | 0.49 |
Dividends Paid Per Share |  | $ | 0.31 |  |  | $ | 0.31 |
Weighted average participating shares outstanding - basic and diluted |  |  | 491,604 |  |  |  | 491,216 |
Total cash purchase price for the Company’s acquisitions in 2020 and 2019 were $147.6 million and $430.6 million, respectively. Excluding the values of the Clark Pest Control discussed above, the fair values of major classes of assets acquired and liabilities assumed along with the contingent consideration liability recorded during the valuation period of acquisition is included in the reconciliation of the total consideration as follows (in thousands): | Total cash purchase price for the Company’s acquisitions in 2020 and 2019 were $147.6 million and $430.6 million, respectively. Excluding the values of the Clark Pest Control discussed above, the fair values of major classes of assets acquired and liabilities assumed along with the contingent consideration liability recorded during the valuation period of acquisition is included in the reconciliation of the total consideration as follows (in thousands):
Acquisitions (Details 3) |
December 31, |  | 2020 |  |  | 2019 |
Accounts receivable |  | $ | 3,547 |  |  | $ | 754 |
Materials and supplies |  |  | 582 |  |  |  | 478 |
Equipment and property |  |  | 7,269 |  |  |  | 3,169 |
Goodwill |  |  | 73,430 |  |  |  | 12,309 |
Customer contracts |  |  | 72,608 |  |  |  | 23,644 |
Trademarks & tradenames |  |  | 7,317 |  |  |  | — |
Other intangible assets |  |  | 1,333 |  |  |  | 850 |
Current liabilities |  |  | (15,518 | ) |  |  | (8,832 | )
Other assets and liabilities, net |  |  | 9,639 |  |  |  | 11,994 |
Total consideration paid |  |  | 160,207 |  |  |  | 44,366 |
Less: Contingent consideration liability |  |  | (12,594 | ) |  |  | (9,077 | )
Total cash purchase price |  | $ | 147,613 |  |  | $ | 35,289 |

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