REVENUE

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
(in thousands)
United States	$	661,703	$	589,935	$	1,208,163	$	1,084,035
Other countries		52,346		48,269		96,566		89,723
Total Revenues	$	714,049	$	638,204	$	1,304,729	$	1,173,758

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Residential revenue	$	325,311	$	292,945	$	584,570	$	528,124
Commercial revenue		234,483		210,838		440,270		399,535
Termite completions, bait monitoring, & renewals		146,781		127,674		266,487		233,368
Franchise revenues		4,155		4,111		7,892		7,570
Other revenues		3,319		2,636		5,510		5,161
Total Revenues	$	714,049	$	638,204	$	1,304,729	$	1,173,758

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 and six months ended June 30, 2022 and 2021 was $51.0 million and $46.5 million, respectively and $100.9 and $92.3, respectively. Changes in unearned revenue were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
(in thousands)
Beginning balance	$	180,333	$	158,766	$	168,607	$	149,224
Deferral of unearned revenue		63,628		60,655		125,263		116,034
Recognition of unearned revenue		(50,989)		(46,470)		(100,898)		(92,307)
Ending balance	$	192,972	$	172,951	$	192,972	$	172,951

As of June 30, 2022, and December 31, 2021, the Company had long-term unearned revenue of $27.7 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 2033.