| 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
September 30, |
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Nine Months Ended
September 30, |
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| (in thousands) |
2024 |
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2023 |
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2024 |
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2023 |
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| United States |
$ |
850,253
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$ |
782,073 |
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$ |
2,371,952
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$ |
2,155,237 |
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| Other countries |
66,017
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58,354 |
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184,587
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163,955 |
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| Total Revenues |
$ |
916,270
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$ |
840,427 |
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$ |
2,556,539
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$ |
2,319,192 |
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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
September 30, |
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Nine Months Ended
September 30, |
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| (in thousands) |
2024 |
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2023 |
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2024 |
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2023 |
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| Residential revenue |
$ |
428,290
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$ |
402,559 |
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$ |
1,166,042
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$ |
1,069,403 |
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| Commercial revenue |
299,633
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273,865 |
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845,517
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767,472 |
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| Termite completions, bait monitoring, & renewals |
177,674
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155,135 |
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515,758
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457,664 |
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| Franchise revenues |
4,282
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4,292 |
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12,688
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12,386 |
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| Other revenues |
6,391
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4,576 |
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16,534
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12,267 |
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| Total Revenues |
$ |
916,270
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$ |
840,427 |
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$ |
2,556,539
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$ |
2,319,192 |
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| Schedule of Changes in Unearned Revenue |
Changes in unearned revenue were as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
| (in thousands) |
2024 |
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2023 |
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2024 |
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2023 |
| Beginning balance |
$ |
233,899
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$ |
218,274 |
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$ |
210,059
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$ |
187,994 |
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| Deferral of unearned revenue |
69,980
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61,354 |
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219,145
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204,891 |
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| Recognition of unearned revenue |
(63,819) |
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(59,375) |
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(189,144) |
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(172,632) |
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| Ending balance |
$ |
240,060
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$ |
220,253 |
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$ |
240,060
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$ |
220,253 |
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