REVENUE

3 Months Ended

Mar. 31, 2022

REVENUE

REVENUE

NOTE 4.REVENUE

The following tables present our revenues disaggregated by revenue source (in thousands).

Sales and usage-based taxes are excluded from revenues. No sales to an individual customer or in a country other than the United States accounted for 10% or more of the sales for the periods listed on the following table.

Revenue, classified by the major geographic areas in which our customers are located, was as follows:

	Three Months Ended
	March 31,
	2022		2021
(in thousands)
United States	$	546,460	$	494,100
Other countries		44,220		41,454
Total Revenues	$	590,680	$	535,554

Revenue from external customers, classified by significant product and service offerings, was as follows:

	Three Months Ended
	March 31,
(in thousands)	2022		2021
Residential revenue	$	259,259	$	235,179
Commercial revenue		205,787		188,697
Termite completions, bait monitoring, & renewals		119,706		105,694
Franchise revenues		3,737		3,459
Other revenues		2,191		2,525
Total Revenues	$	590,680	$	535,554

The Company records unearned revenue when we have either received payment or contractually have the right to bill for services in advance of the services or performance obligations being performed. Deferred revenue recognized in the three months ended March 31, 2022 and 2021 was $49.9 million and $45.8 million, respectively. Changes in unearned revenue were as follows:

	Three Months Ended March 31,
	2022		2021
(in thousands)
Beginning balance	$	168,607	$	149,224
Deferral of unearned revenue		61,635		55,379
Recognition of unearned revenue		(49,909)		(45,837)
Ending balance	$	180,333	$	158,766

As of March 31, 2022, and December 31, 2021, the Company had long-term unearned revenue of $23.8 million and $18.4 million, respectively, recorded in other long-term accrued liabilities. Unearned short-term revenue is recognized over the next 12-month period. The majority of unearned long-term revenue is recognized over a period of five years or less with immaterial amounts recognized through 2032.