Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.22.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2022
REVENUE  
Revenue by major geographic area, and by significant product and service offerings

Revenue, classified by the major geographic areas in which our customers are located, was as follows:

Three Months Ended

March 31, 

    

2022

    

2021

(in thousands)

United States

$

546,460

$

494,100

Other countries

 

44,220

 

41,454

Total Revenues

$

590,680

$

535,554

Revenue from external customers, classified by significant product and service offerings, was as follows:

Three Months Ended

March 31, 

(in thousands)

    

2022

    

2021

Residential revenue

$

259,259

$

235,179

Commercial revenue

 

205,787

 

188,697

Termite completions, bait monitoring, & renewals

 

119,706

 

105,694

Franchise revenues

3,737

3,459

Other revenues

 

2,191

 

2,525

Total Revenues

$

590,680

$

535,554

Changes in unearned revenue

    

Three Months Ended March 31, 

    

2022

    

2021

(in thousands)

Beginning balance

$

168,607

$

149,224

Deferral of unearned revenue

 

61,635

 

55,379

Recognition of unearned revenue

 

(49,909)

 

(45,837)

Ending balance

$

180,333

$

158,766