Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

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REVENUE (Tables)
3 Months Ended
Mar. 31, 2024
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,
(in thousands) 2024 2023
United States $ 693,860  $ 609,311 
Other countries 54,489  48,704 
Total Revenues $ 748,349  $ 658,015 
Revenue from external customers, classified by significant product and service offerings, was as follows:
Three Months Ended
March 31,
(in thousands) 2024 2023
Residential revenue $ 329,338  $ 282,757 
Commercial revenue 258,114  231,707 
Termite completions, bait monitoring, & renewals 152,060  136,131 
Franchise revenues 3,961  3,789 
Other revenues 4,876  3,631 
Total Revenues $ 748,349  $ 658,015 
Schedule of Changes in Unearned Revenue Changes in unearned revenue were as follows:
Three Months Ended
March 31,
(in thousands) 2024 2023
Beginning balance $ 210,059  $ 187,994 
Deferral of unearned revenue 74,796  65,626 
Recognition of unearned revenue (61,888) (55,466)
Ending balance $ 222,967  $ 198,154