Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of the carrying amount and estimated fair value of the Company's financial instruments that are recorded at fair value on a recurring basis

		As of September 30, 2013
				Estimated Fair Value Measurements
(In thousands)	Statement of Financial Position Location	Carrying Value		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets:
Deferred compensation trust assets	Long-term marketable securities	$	12,037	$	12,037	$	—	$	—
Investments in marketable securities	Marketable securities and Long-term marketable securities	154,614		62,974		91,640		—
Fuel swap contracts:
Current	Prepaid expenses and other assets	694		—		—		694
Noncurrent	Other assets	9		—		—		9
Total financial assets		$	167,354	$	75,011	$	91,640	$	703

Financial Liabilities:
Fuel swap contracts:
Current	Other accrued liabilities	$	151	$	—	$	—	$	151
Noncurrent	Other long-term obligations, primarily self-insured claims	254		—		—		254
Total financial liabilities		$	405	$	—	$	—	$	405

		As of December 31, 2012
				Estimated Fair Value Measurements
(In thousands)	Statement of Financial Position Location	Carrying Value		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets:
Deferred compensation trust assets	Long-term marketable securities	$	11,987	$	11,987	$	—	$	—
Investments in marketable securities	Marketable securities and Long-term marketable securities	133,816		45,152		88,664		—
Fuel swap contracts:
Current	Prepaid expenses and other assets	1,957		—		—		1,957
Total financial assets		$	147,760	$	57,139	$	88,664	$	1,957

Financial Liabilities:
Fuel swap contracts:
Current	Other accrued liabilities	$	113	$	—	$	—	$	113
Interest rate swap contracts	Other accrued liabilities	7,349		—		7,349		—
Total financial liabilities		$	7,462	$	—	$	7,349	$	113

Schedule of carrying amount and estimated fair value of the Company's assets that were recorded at fair value on a nonrecurring basis

		As of June 30, 2013
				Estimated Fair Value Measurements
(In thousands)	Statement of Financial Position Location	Carrying Value		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)

TruGreen Trade Name(1)	Intangible assets, primarily trade names, service marks and trademarks, net	$	351,000	$	—	$	—	$	351,000
TruGreen Goodwill(2)	Goodwill	—		—		—		—

(1) In the second quarter of 2013, we recognized a non-cash impairment charge of $255.8 million to reduce the carrying value of the TruGreen trade name to its fair value of $351.0 million as a result of our interim impairment testing of indefinite-lived intangible assets. See Note 5 for further information regarding the factors that led to the completion of the interim impairment analysis along with a description of the methodology, assumptions and significant unobservable inputs used to estimate the fair value of the TruGreen trade name.

(2) In the second quarter of 2013, we recognized a non-cash impairment charge of $417.5 million to reduce the carrying value of TruGreen’s goodwill to its implied fair value of zero as a result of our interim goodwill impairment testing. See Note 5 for further information regarding the factors that led to the initiation of the interim impairment analysis along with a description of the methodology, assumptions and significant unobservable inputs used to estimate the fair value of TruGreen’s goodwill.

Schedule of reconciliation of the beginning and ending fair values of financial instruments valued using significant unobservable inputs (Level 3) on a recurring basis

(In thousands)	Fuel Swap Contract Assets (Liabilities)
Balance as of December 31, 2012	$	1,844
Total gains (realized and unrealized)
Included in earnings	1,613
Included in accumulated other comprehensive income	(1,546		)
Settlements, net	(1,613		)
Balance as of September 30, 2013	$	298

(In thousands)	Fuel Swap Contract (Liabilities) Assets
Balance as of December 31, 2011	$	(733	)
Total gains (realized and unrealized)
Included in earnings	1,718
Included in accumulated other comprehensive income	2,062
Settlements, net	(1,718		)
Balance as of September 30, 2012	$	1,329

Schedule of Level 3 financial instruments

Item	Fair Value as of September 30, 2013 (in thousands)		Valuation Technique	Unobservable Input	Range	Weighted Average
Fuel swap contracts	$	298	Discounted	Forward Unleaded Price per Gallon(1)	$3.32-$3.72	$	3.52
			Cash Flows	Forward Diesel Price per Gallon(1)	$3.84-$3.97	$	3.90

Item	Fair Value as of December 31, 2012 (in thousands)		Valuation Technique	Unobservable Input	Range	Weighted Average
Fuel swap contracts	$	1,844	Discounted	Forward Unleaded Price per Gallon(1)	$3.36-$3.73	$	3.55
			Cash Flows	Forward Diesel Price per Gallon(1)	$3.88-$3.96	$	3.90

(1) Forward price per gallon for unleaded and diesel were derived from third-party market data providers. A decrease in the forward price would result in a decrease in the fair value of the fuel swap contracts.

Schedule of effect of derivative instruments on the condensed consolidated statements of operations and comprehensive income (loss) and accumulated other comprehensive income (loss) on the condensed consolidated statements of financial position

(In thousands)

Derivatives designated as Cash Flow Hedge	Effective Portion of (Loss) Gain Recognized in Accumulated Other Comprehensive Income			Effective Portion of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings			Location of Gain (Loss)
Relationships	Nine months ended September 30, 2013						included in Earnings

Fuel swap contracts	$	(1,546	)	$	1,613		Cost of services rendered and products sold
Interest rate swap contracts	$	4,631		$	(4,731	)	Interest expense

Derivatives designated as Cash Flow Hedge	Effective Portion of Gain Recognized in Accumulated Other Comprehensive Income		Effective Portion of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings			Location of Gain (Loss)
Relationships	Nine months ended September 30, 2012					included in Earnings

Fuel swap contracts	$	2,062	$	1,718		Cost of services rendered and products sold
Interest rate swap contracts	$	14,913	$	(19,611	)	Interest expense