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Revenue
9 Months Ended
Sep. 30, 2024
Revenue [Abstract]  
Revenue

4.REVENUE

The Company’s operations primarily consist of providing non-hazardous waste collection, transfer, disposal and recycling services, non-hazardous oil and natural gas exploration and production (“E&P”) waste treatment, recovery and disposal services and intermodal services.  The following table disaggregates the Company’s revenues by service line for the periods indicated:

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2024

    

2023

    

2024

    

2023

    

Commercial

 

$

680,444

$

630,641

$

1,980,228

$

1,848,723

 

Residential

574,305

538,364

1,687,899

1,582,289

Industrial and construction roll off

367,559

343,740

1,052,339

1,002,085

Total collection

1,622,308

1,512,745

4,720,466

4,433,097

Landfill

418,508

390,330

1,177,899

1,116,707

Transfer

358,420

313,214

1,010,528

892,757

Recycling

69,748

36,103

182,071

105,724

E&P

154,202

62,066

375,176

172,431

Intermodal and other

47,341

44,984

145,979

122,655

Intercompany

(332,039)

(294,698)

(952,811)

(857,029)

Total

 

$

2,338,488

$

2,064,744

$

6,659,308

$

5,986,342

 

The factors that impact the timing and amount of revenue recognized for each service line may vary based on the nature of the service performed. Generally, the Company recognizes revenue at the time it performs a service. In the event that the Company bills for services in advance of performance, it recognizes deferred revenue for the amount billed and subsequently recognizes revenue at the time the service is provided. Substantially all of the deferred revenue recorded as of June 30, 2024 was recognized as revenue during the three months ended September 30, 2024 when the service was performed.

See Note 11 for additional information regarding revenue by reportable segment.

Contract Acquisition Costs

The incremental direct costs of obtaining a contract, which consist of sales incentives, are recognized as Other assets in the Company’s Condensed Consolidated Balance Sheets, and are amortized to Selling, general and administrative expense over the estimated life of the relevant customer relationship, which ranges from one to five years. The Company recognizes the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that the Company would have recognized is one year or less. The Company had $26,413 and $25,977 of deferred sales incentives at September 30, 2024 and December 31, 2023, respectively.