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Revenue (Tables)
6 Months Ended
Mar. 31, 2019
Revenue From Contract With Customer [Abstract]  
Schedule of Reportable Segment Revenues, Disaggregated by Revenue

The following table presents the Company’s reportable segment revenues, disaggregated by revenue type. The Company disaggregates revenue from contracts with customers into major services lines. The Company has determined that disaggregating revenue into these categories achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. As noted in the business segment reporting information in Note 13 “Segments”, the Company’s reportable segments are Maintenance Services and Development Services.  Revenues shown for fiscal 2018 are in accordance with ASC 605, Revenue Recognition.

 

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

     Landscape Maintenance

 

$

281,777

 

 

$

270,014

 

 

$

626,145

 

 

$

623,118

 

     Snow Removal

 

 

191,537

 

 

 

190,091

 

 

 

239,702

 

 

 

243,677

 

Maintenance Services

 

 

473,314

 

 

 

460,105

 

 

 

865,847

 

 

 

866,795

 

Development Services

 

 

123,977

 

 

 

131,018

 

 

 

258,373

 

 

 

276,241

 

Eliminations

 

 

(654

)

 

 

(741

)

 

 

(1,570

)

 

 

(1,565

)

Net service revenues

 

$

596,637

 

 

$

590,382

 

 

$

1,122,650

 

 

$

1,141,471

 

Schedule of Contract Balances

Changes in deferred revenue for the six month period ended March 31, 2019 were as follows:

 

 

 

 

 

 

 

Deferred Revenue

 

Balance, October 1, 2018

 

 

 

 

 

$

72,476

 

Recognition of revenue

 

 

 

 

 

 

(445,420

)

Deferral of Revenue

 

 

 

 

 

 

473,064

 

Balance, March 31, 2019

 

 

 

 

 

$

100,120