REVENUE

9 Months Ended

Sep. 30, 2021

Revenue

Revenue

NOTE 10 – REVENUE

The table below identifies the Company’s revenues disaggregated by major customer type for the three and nine months ended September 30, 2021 and 2020 (in thousands):

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Sales to do-it-yourself customers	$	1,992,778	$	1,869,079	$	5,773,345	$	5,067,676
Sales to professional service provider customers		1,408,747		1,264,802		4,032,050		3,510,031
Other sales and sales adjustments		78,045		73,757		230,675		198,013
Total sales	$	3,479,570	$	3,207,638	$	10,036,070	$	8,775,720

As of September 30, 2021, and December 31, 2020, the Company had recorded a deferred revenue liability of $4.5 million related to its loyalty program, which were included in “Other liabilities” on the accompanying Condensed Consolidated Balance Sheets. During the three months ended September 30, 2021 and 2020, the Company recognized $3.5 million and $3.8 million, respectively, of deferred revenue related to its loyalty program, which were included in “Sales” on the accompanying Condensed Consolidated Statements of Income.  During the nine months ended September 30, 2021 and 2020, the Company recognized $10.7 million and $10.8 million, respectively, of deferred revenue related to its loyalty program, which were included in “Sales” on the accompanying Condensed Consolidated Statements of Income.

See Note 7 for information concerning the expected costs associated with the Company’s assurance warranty obligations.