Quarterly report pursuant to Section 13 or 15(d)

REVENUE

v3.19.1
REVENUE
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
REVENUE

NOTE 3.          REVENUE

 

On January 1, 2018, and the Company adopted ASC 606 using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606.

 

The following tables present our revenues disaggregated by revenue source (in thousands, unaudited).

 

Sales and usage-based taxes are excluded from revenues. No sales to an individual customer or in a country other than the United States accounted for more than 10% of the sales for the periods listed on the following table. Revenue, classified by the major geographic areas in which our customers are located, was as follows:

 

    (In thousands)  
    Three Months Ended  
    March 31,  
    2019     2018  
United States   $   394,000         $   375,959  
Other countries     35,069       32,783  
Total Revenues   $ 429,069     $ 408,742  

 

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

 

    (In thousands)  
    Three Months Ended  
    March 31,  
    2019     2018  
Residential revenue   $ 172,507     $ 164,378  
Commercial revenue     169,671       162,205  
Termite completions, bait monitoring, & renewals     80,250       76,607  
Franchise revenues     3,261       2,407  
Other revenues     3,380       3,145  
Total Revenues   $ 429,069     $ 408,742