| 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 |
|
Six Months Ended |
|
|
|
June 30, |
|
June 30, |
|
|
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
661,703 |
|
$ |
589,935 |
|
$ |
1,208,163 |
|
$ |
1,084,035 |
|
Other countries |
|
|
52,346 |
|
|
48,269 |
|
|
96,566 |
|
|
89,723 |
|
Total Revenues |
|
$ |
714,049 |
|
$ |
638,204 |
|
$ |
1,304,729 |
|
$ |
1,173,758 |
|
Revenue from external customers, classified by significant product and service offerings, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
|
|
June 30, |
|
June 30, |
|
(in thousands) |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
Residential revenue |
|
$ |
325,311 |
|
$ |
292,945 |
|
$ |
584,570 |
|
$ |
528,124 |
|
Commercial revenue |
|
|
234,483 |
|
|
210,838 |
|
|
440,270 |
|
|
399,535 |
|
Termite completions, bait monitoring, & renewals |
|
|
146,781 |
|
|
127,674 |
|
|
266,487 |
|
|
233,368 |
|
Franchise revenues |
|
|
4,155 |
|
|
4,111 |
|
|
7,892 |
|
|
7,570 |
|
Other revenues |
|
|
3,319 |
|
|
2,636 |
|
|
5,510 |
|
|
5,161 |
|
Total Revenues |
|
$ |
714,049 |
|
$ |
638,204 |
|
$ |
1,304,729 |
|
$ |
1,173,758 |
|
|
| Changes in unearned revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
|
2022 |
|
2021 |
|
2022 |
|
2021 |
(in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
Beginning balance |
|
$ |
180,333 |
|
$ |
158,766 |
|
$ |
168,607 |
|
$ |
149,224 |
Deferral of unearned revenue |
|
|
63,628 |
|
|
60,655 |
|
|
125,263 |
|
|
116,034 |
Recognition of unearned revenue |
|
|
(50,989) |
|
|
(46,470) |
|
|
(100,898) |
|
|
(92,307) |
Ending balance |
|
$ |
192,972 |
|
$ |
172,951 |
|
$ |
192,972 |
|
$ |
172,951 |
|