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REVENUE (Tables)
6 Months Ended
Jun. 30, 2022
REVENUE  
Revenue by major geographic area, and by significant product and service offerings

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

​

Changes in unearned revenue

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

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