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Revenue (Tables)
3 Months Ended
Dec. 31, 2020
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 12 “Segments”, the Company’s reportable segments are Maintenance Services and Development Services.

 

 

 

Three Months Ended

December 31,

 

 

 

 

2020

 

 

2019

 

 

Landscape Maintenance

 

$

362.2

 

 

$

363.3

 

 

Snow Removal

 

 

55.8

 

 

 

55.6

 

 

Maintenance Services

 

 

418.0

 

 

 

418.9

 

 

Development Services

 

 

137.4

 

 

 

152.8

 

 

Eliminations

 

 

(1.0

)

 

 

(1.0

)

 

Net service revenues

 

$

554.4

 

 

$

570.7

 

 

 

Schedule of Contract Balances

Changes in deferred revenue for the three month period ended December 31, 2020 were as follows:

 

 

 

Deferred

Revenue

 

Balance, October 1, 2020

 

$

57.1

 

Recognition of revenue

 

 

(224.3

)

Deferral of revenue

 

 

234.3

 

Balance, December 31, 2020

 

$

67.1