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REVENUES
12 Months Ended
Dec. 31, 2021
REVENUES  
REVENUES

NOTE 4. REVENUES

Disaggregation of Revenue

Effective in the fourth quarter of 2020, we made changes to the manner in which we manage our business, make operating decisions and assess our performance. Throughout this Annual Report on Form 10-K, all periods presented have been recast to reflect these changes. Our operations are managed in three reportable segments, Waste Solutions, Field Services and Energy Waste, reflecting our internal reporting structure and nature of services offered. See Note 21 for additional information on our operating segments.

Effective in the second quarter of 2021, we made changes to the manner in which we evaluate revenues associated with our various response-based services, including emergency response, standby services and remediation. As a result, revenues from Emergency Response and Domestic Standby Services, which were formerly presented as discrete service lines, are now combined and presented as a single “Emergency Response” service line and certain revenues formerly classified as Domestic Standby Services are now classified as Remediation. Throughout this Annual Report on Form 10-K, our disaggregated revenues for all periods presented have been recast to reflect these changes.

The following table presents our revenue disaggregated by our reportable segments and service lines:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2021

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

​

Waste

    

Total

Treatment & Disposal Revenue (1)

​

$

372,204

​

$

50,327

​

$

20,997

​

$

443,528

Services Revenue:

​

​

​

​

​

​

​

​

​

​

​

​

Transportation and Logistics (2)

​

​

79,045

​

​

29,096

​

​

8,978

​

​

117,119

Industrial Services (3)

​

​

—

​

​

121,357

​

​

2,814

​

​

124,171

Small Quantity Generation (4)

​

​

—

​

​

55,158

​

​

—

​

​

55,158

Total Waste Management (5)

​

​

—

​

​

39,949

​

​

—

​

​

39,949

Remediation (6)

​

​

—

​

​

48,224

​

​

—

​

​

48,224

Emergency Response (7)

​

​

—

​

​

138,425

​

​

18

​

​

138,443

Other (8)

​

​

—

​

​

17,651

​

​

3,758

​

​

21,409

Revenue

​

$

451,249

​

$

500,187

​

$

36,565

​

$

988,001

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2020

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

​

Waste

    

Total

Treatment & Disposal Revenue (1)

​

$

354,055

​

$

47,781

​

$

18,884

​

$

420,720

Services Revenue:

​

​

​

​

​

​

​

​

​

​

​

​

Transportation and Logistics (2)

​

​

71,358

​

​

34,218

​

​

7,184

​

​

112,760

Industrial Services (3)

​

​

—

​

​

118,584

​

​

4,178

​

​

122,762

Small Quantity Generation (4)

​

​

—

​

​

48,049

​

​

—

​

​

48,049

Total Waste Management (5)

​

​

—

​

​

35,401

​

​

—

​

​

35,401

Remediation (6)

​

​

—

​

​

30,225

​

​

—

​

​

30,225

Emergency Response (7)

​

​

—

​

​

140,253

​

​

—

​

​

140,253

Other (8)

​

​

—

​

​

19,243

​

​

4,441

​

​

23,684

Revenue

​

$

425,413

​

$

473,754

​

$

34,687

​

$

933,854

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2019

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

​

Waste

    

Total

Treatment & Disposal Revenue (1)

​

$

359,847

​

$

18,523

​

$

6,039

​

$

384,409

Services Revenue:

​

​

​

​

​

​

​

​

​

​

​

​

Transportation and Logistics (2)

​

​

80,700

​

​

40,670

​

​

2,877

​

​

124,247

Industrial Services (3)

​

​

—

​

​

38,861

​

​

1,200

​

​

40,061

Small Quantity Generation (4)

​

​

—

​

​

37,471

​

​

—

​

​

37,471

Total Waste Management (5)

​

​

—

​

​

33,794

​

​

—

​

​

33,794

Remediation (6)

​

​

—

​

​

13,307

​

​

—

​

​

13,307

Emergency Response (7)

​

​

—

​

​

41,088

​

​

—

​

​

41,088

Other (8)

​

​

—

​

​

8,688

​

​

2,444

​

​

11,132

Revenue

​

$

440,547

​

$

232,402

​

$

12,560

​

$

685,509

(1)We categorize our treatment and disposal revenue as either “Base Business” or “Event Business” based on the underlying nature of the revenue source. We define Event Business as non-recurring projects that are expected to equal or exceed 1,000 tons, with Base Business defined as all other business not meeting the definition of Event Business. For the years ended December 31, 2021, 2020 and 2019, 24%, 27% and 22%, respectively, of our treatment and disposal revenue was derived from Event Business projects. Base Business revenue accounted for 76%, 73% and 78% of our treatment and disposal revenue for the years ended December 31, 2021, 2020 and 2019, respectively.
(2)Includes collection and transportation of non-hazardous and hazardous waste.
(3)Includes industrial cleaning and maintenance for refineries, chemical plants, steel and automotive plants, marine terminals and refinery services such as tank cleaning and temporary storage.
(4)Includes retail services, laboratory packing, less-then-truck-load service and household hazardous waste collection. Contracts for Small Quantity Generation may extend beyond one year and a portion of the transaction price can be fixed.
(5)Through our TWM program, customers outsource the management of their waste compliance program to us, allowing us to organize and coordinate their waste management disposal activities and environmental compliance. TWM contracts may extend beyond one year and a portion of the transaction price can be fixed.
(6)Includes site assessment, onsite treatment, project management and remedial action planning and execution. Contracts for Remediation may extend beyond one year and a portion of the transaction price can be fixed.
(7)Includes services such as spill response, waste analysis and treatment and disposal planning as well as government-mandated, commercial standby oil spill compliance solutions and services that we provide to companies that store, transport, produce or handle petroleum and certain nonpetroleum oils on or near U.S. waters. Our standby services customers pay annual retainer fees under long-term or evergreen contracts for access to our regulatory certifications, specialized assets and highly trained personnel. When a customer with a retainer contract experiences a spill incident, we coordinate and manage the spill response, which results in incremental revenue for the services provided, in addition to the retainer fees.
(8)Includes equipment rental and other miscellaneous services.

​

We provide services primarily in the United States, Canada and the EMEA region. The following table presents our revenue disaggregated by our reportable segments and geographic location where the underlying services were performed:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2021

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

    

Waste

    

Total

United States

​

$

374,414

​

$

450,276

​

$

36,565

​

$

861,255

Canada

​

 

76,835

​

 

3,785

​

 

—

​

 

80,620

EMEA

​

​

—

​

​

41,218

​

​

—

​

​

41,218

Other (1)

​

​

—

​

​

4,908

​

​

—

​

​

4,908

Total revenue

​

$

451,249

​

$

500,187

​

$

36,565

​

$

988,001

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2020

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

    

Waste

    

Total

United States

​

$

355,226

​

$

445,405

​

$

34,687

​

$

835,318

Canada

​

 

70,187

​

 

3,064

​

 

—

​

 

73,251

EMEA

​

​

—

​

​

19,947

​

​

—

​

​

19,947

Other (1)

​

​

—

​

​

5,338

​

​

—

​

​

5,338

Total revenue

​

$

425,413

​

$

473,754

​

$

34,687

​

$

933,854

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2019

​

​

Waste

​

Field

​

Energy

​

​

​

$s in thousands

    

Solutions

    

Services

    

Waste

    

Total

United States

​

$

354,625

​

$

221,942

​

$

12,560

​

$

589,127

Canada

​

 

85,922

​

 

2,577

​

 

—

​

 

88,499

EMEA

​

​

—

​

​

5,079

​

​

—

​

​

5,079

Other (1)

​

​

—

​

​

2,804

​

​

—

​

​

2,804

Total revenue

​

$

440,547

​

$

232,402

​

$

12,560

​

$

685,509

​

(1)Includes Mexico, Asia Pacific, and Latin America and Caribbean geographical regions.

Principal versus Agent Considerations

The Company commonly contracts with third-parties to perform certain waste-related services that we have promised in our customer contracts. We consider ourselves the principal in these arrangements as we direct the timing, nature and pricing of the services ultimately provided by the third-party to the customer.

Costs to Obtain a Contract

The Company pays sales commissions to employees, which qualify as costs to obtain a contract. Sales commissions are expensed as incurred as the commissions are earned by the employee and paid by the Company over time as the related revenue is recognized. Other commissions and incremental costs to obtain a contract are not material.

Practical Expedients and Optional Exemptions

Our payment terms may vary based on type of service or customer; however, we do not adjust the promised amount of consideration in our contracts for the time value of money as payment terms extended to our customers do not exceed one year and are not considered a significant financing component in our contracts.

We do not disclose the value of unsatisfied performance obligations as contracts with an original expected length of more than one year and contracts for which we do not recognize revenue at the amount to which we have the right to invoice for services performed is insignificant and the aggregate amount of fixed consideration allocated to unsatisfied performance obligations is not material.