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SEGMENT AND GEOGRAPHIC INFORMATION | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
SEGMENT AND GEOGRAPHIC INFORMATION | SEGMENT AND GEOGRAPHIC INFORMATION The Company operates under one reportable segment which contains our residential, commercial, and termite and ancillary service offerings. The Company's chief operating decision maker ("CODM") is the chief executive officer. The CODM uses net income to assess financial performance and allocate resources. This financial metric is used by the CODM to make key operating decisions, such as the determination of the rate of growth investments and the allocation of budget between cost categories. The measure of segment assets is reported on the condensed consolidated statements of financial position as total consolidated assets. The following table presents selected financial information with respect to the Company’s single reportable segment:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue | $ | 1,026,106 |  |  | $ | 916,270 |  |  | $ | 2,848,137 |  |  | $ | 2,556,539 |
Less: |  |  |  |  |  |  |
Cost of services provided (exclusive of depreciation and amortization below): |  |  |  |  |  |  |
Employee expenses | 312,249 |  |  | 278,296 |  |  | 872,326 |  |  | 784,868 |
Materials and supplies | 62,933 |  |  | 56,675 |  |  | 170,924 |  |  | 158,502 |
Insurance and claims | 11,127 |  |  | 16,649 |  |  | 48,385 |  |  | 49,327 |
Fleet expenses | 38,997 |  |  | 33,650 |  |  | 117,688 |  |  | 99,000 |
Other cost of services provided (1) | 42,144 |  |  | 36,622 |  |  | 120,122 |  |  | 106,038 |
Total cost of services provided (exclusive of depreciation and amortization below) | $ | 467,450 |  |  | $ | 421,892 |  |  | $ | 1,329,445 |  |  | $ | 1,197,735 |
Sales, general and administrative: |  |  |  |  |  |  |
Selling and marketing expenses | 138,881 |  |  | 124,388 |  |  | 377,309 |  |  | 332,749 |
Administrative employee expenses | 88,601 |  |  | 79,507 |  |  | 259,384 |  |  | 234,701 |
Insurance and claims | 6,929 |  |  | 10,045 |  |  | 29,872 |  |  | 29,659 |
Fleet expenses | 9,502 |  |  | 8,297 |  |  | 29,348 |  |  | 25,257 |
Other sales, general and administrative (2) | 57,491 |  |  | 52,681 |  |  | 163,600 |  |  | 147,156 |
Total sales, general and administrative | $ | 301,404 |  |  | $ | 274,918 |  |  | $ | 859,513 |  |  | $ | 769,522 |
Depreciation and amortization | 32,231 |  |  | 27,664 |  |  | 93,177 |  |  | 82,685 |
Interest expense, net | 7,942 |  |  | 7,150 |  |  | 21,118 |  |  | 22,650 |
Other (income) expense, net | (350) |  |  | (582) |  |  | (1,334) |  |  | (933) |
Income tax expense | 53,902 |  |  | 48,315 |  |  | 135,954 |  |  | 124,176 |
Net income | $ | 163,527 |  |  | $ | 136,913 |  |  | $ | 410,264 |  |  | $ | 360,704 |
1) Other cost of services provided includes facilities costs, professional services, maintenance and repairs, software license costs, and other expenses directly related to providing services. 2) Other sales, general and administrative includes facilities costs, professional services, maintenance and repairs, software license costs, bad debt expense, and other administrative expenses. See the condensed consolidated financial statements for other financial information regarding the Company’s reportable segment. See Note 4, Revenue for further information on revenue. The Company's long-lived tangible assets, as well as the Company's operating lease right-of-use assets recognized in the condensed consolidated statements of financial position were located as follows:
(in thousands) | September 30, 2025 |  | December 31, 2024
United States | $ | 509,593 |  |  | $ | 503,767 |
International | 42,138 |  |  | 35,546 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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