Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.23.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of 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,
2023 2022
(in thousands)
United States $ 609,311  $ 546,460 
Other countries 48,704  44,220 
Total Revenues $ 658,015  $ 590,680 
Revenue from external customers, classified by significant product and service offerings, was as follows:
Three Months Ended
March 31,
(in thousands) 2023 2022
Residential revenue $ 283,625  $ 259,259 
Commercial revenue 230,402  205,787 
Termite completions, bait monitoring, & renewals 136,605  119,706 
Franchise revenues 3,787  3,737 
Other revenues 3,596  2,191 
Total Revenues $ 658,015  $ 590,680 
Schedule of Changes in Unearned Revenue Changes in unearned revenue were as follows:
Three Months Ended March 31,
2023 2022
(in thousands)
Beginning balance $ 187,994  $ 168,607 
Deferral of unearned revenue 65,626  61,635 
Recognition of unearned revenue (55,466) (49,909)
Ending balance $ 198,154  $ 180,333