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:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
2023 |
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2022 |
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2023 |
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2022 |
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United States |
$ |
763,646
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$ |
661,703 |
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$ |
1,372,654
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$ |
1,208,163 |
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Other countries |
57,104
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52,346 |
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106,111
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96,566 |
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Total Revenues |
$ |
820,750
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$ |
714,049 |
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$ |
1,478,765
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$ |
1,304,729 |
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Revenue from external customers, classified by significant product and service offerings, was as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
2023 |
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2022 |
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2023 |
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2022 |
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Residential revenue |
$ |
385,645
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$ |
325,311 |
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$ |
669,270
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$ |
584,570 |
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Commercial revenue |
259,964
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234,483 |
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490,366
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440,270 |
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Termite completions, bait monitoring, & renewals |
166,823
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146,781 |
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303,428
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266,487 |
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Franchise revenues |
4,303
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4,155 |
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8,090
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7,892 |
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Other revenues |
4,015
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3,319 |
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7,611
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5,510 |
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Total Revenues |
$ |
820,750
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$ |
714,049 |
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$ |
1,478,765
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$ |
1,304,729 |
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Schedule of Changes in Unearned Revenue |
Changes in unearned revenue were as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
2023 |
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2022 |
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2023 |
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2022 |
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Beginning balance |
$ |
198,154
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$ |
180,333 |
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$ |
187,994
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$ |
168,607 |
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Deferral of unearned revenue |
77,911
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63,628 |
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143,537
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125,263 |
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Recognition of unearned revenue |
(57,791) |
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(50,989) |
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(113,257) |
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(100,898) |
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Ending balance |
$ |
218,274
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$ |
192,972 |
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$ |
218,274
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$ |
192,972 |
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