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Revenue (Tables)
9 Months Ended
Jun. 30, 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

June 30,

 

 

Nine Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

     Landscape Maintenance

 

$

486,451

 

 

$

465,668

 

 

$

1,112,596

 

 

$

1,088,785

 

     Snow Removal

 

 

5,654

 

 

 

8,913

 

 

 

245,356

 

 

 

252,590

 

Maintenance Services

 

 

492,105

 

 

 

474,581

 

 

 

1,357,952

 

 

 

1,341,375

 

Development Services

 

 

166,319

 

 

 

157,379

 

 

 

424,692

 

 

 

433,620

 

Eliminations

 

 

(1,215

)

 

 

(1,630

)

 

 

(2,785

)

 

 

(3,195

)

Net service revenues

 

$

657,209

 

 

$

630,330

 

 

$

1,779,859

 

 

$

1,771,800

 

Schedule of Contract Balances

Changes in deferred revenue for the nine month period ended June 30, 2019 were as follows:

 

 

 

 

 

 

 

Deferred Revenue

 

Balance, October 1, 2018

 

 

 

 

 

$

72,476

 

Recognition of revenue

 

 

 

 

 

 

(743,452

)

Deferral of revenue

 

 

 

 

 

 

733,651

 

Balance, June 30, 2019

 

 

 

 

 

$

62,675