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Revenue (Tables)
12 Months Ended
Sep. 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 16 “Segments”, the Company’s reportable segments are Maintenance Services and Development Services.  Revenues shown for fiscal 2018 and the nine months ended September 30, 2017 are in accordance with ASC 605, Revenue Recognition.

 

 

 

Fiscal Year Ended September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2017

 

Landscape Maintenance

 

$

1,568.3

 

 

$

1,522.5

 

 

$

1,132.5

 

Snow Removal

 

 

245.1

 

 

 

252.3

 

 

 

145.8

 

Maintenance Services

 

 

1,813.4

 

 

 

1,774.8

 

 

 

1,278.3

 

Development Services

 

 

595.4

 

 

 

583.3

 

 

 

437.7

 

Eliminations

 

 

(4.2

)

 

 

(4.5

)

 

 

(2.4

)

Net service revenues

 

$

2,404.6

 

 

$

2,353.6

 

 

$

1,713.6

 

Schedule of Contract Balances

Changes in deferred revenue for the fiscal year ended September 30, 2019 were as follows:

 

 

 

Deferred Revenue

 

Balance, October 1, 2018

 

$

72.5

 

Recognition of revenue

 

 

(1,011.5

)

Deferral of revenue

 

 

988.1

 

Balance, September 30, 2019

 

$

49.1