REVENUE RECOGNITION | REVENUE RECOGNITION Revenues associated with our solid waste operations are derived mainly from solid waste collection and disposal services, including landfill, transfer station and transportation services, landfill gas-to-energy services and processing services. Revenues associated with our resource renewal operations are derived from processing services and non-processing services, which we refer to as our National Accounts business. The following tables set forth revenues disaggregated by service line and timing of revenue recognition by operating segment for each of the three and six months ended June 30, 2024 and 2023: Three Months Ended June 30, 2024 Eastern Western Mid-Atlantic Resource Solutions Total Revenues Collection $ 76,071 $ 105,936 $ 41,952 $ — $ 223,959 Landfill 7,583 17,199 — — 24,782 Transfer station 18,634 16,250 460 — 35,344 Transportation 1,433 3,564 — — 4,997 Landfill gas-to-energy 539 1,444 — — 1,983 Processing 2,231 649 — 33,275 36,155 National Accounts — — — 49,943 49,943 Total revenues $ 106,491 $ 145,042 $ 42,412 $ 83,218 $ 377,163 Transferred at a point-in-time $ 117 $ 677 $ — $ 15,163 $ 15,957 Transferred over time 106,374 144,365 42,412 68,055 361,206 Total revenues $ 106,491 $ 145,042 $ 42,412 $ 83,218 $ 377,163 Three Months Ended June 30, 2023 Eastern Western Mid-Atlantic (1) Resource Solutions Total Revenues Collection $ 64,749 $ 85,099 $ — $ — $ 149,848 Landfill 7,220 18,921 — — 26,141 Transfer station 17,698 14,728 — — 32,426 Transportation 1,208 3,854 — — 5,062 Landfill gas-to-energy 173 1,148 — — 1,321 Processing 2,275 479 — 25,383 28,137 National Accounts — — — 46,710 46,710 Total revenues $ 93,323 $ 124,229 $ — $ 72,093 $ 289,645 Transferred at a point-in-time $ 99 $ 690 $ — $ 8,135 $ 8,924 Transferred over time 93,224 123,539 — 63,958 280,721 Total revenues $ 93,323 $ 124,229 $ — $ 72,093 $ 289,645 Six Months Ended June 30, 2024 Eastern Western Mid-Atlantic (1) Resource Solutions Total Revenues Collection $ 146,332 $ 205,805 $ 83,181 $ — $ 435,318 Landfill 14,195 30,137 — — 44,332 Transfer station 32,762 28,221 834 — 61,817 Transportation 2,709 6,404 — — 9,113 Landfill gas-to-energy 997 3,496 — — 4,493 Processing 3,500 1,308 — 63,038 67,846 National Accounts — — — 95,251 95,251 Total revenues $ 200,495 $ 275,371 $ 84,015 $ 158,289 $ 718,170 Transferred at a point-in-time $ 239 $ 1,294 $ — $ 27,717 $ 29,250 Transferred over time 200,256 274,077 84,015 130,572 688,920 Total revenues $ 200,495 $ 275,371 $ 84,015 $ 158,289 $ 718,170 Six Months Ended June 30, 2023 Eastern Western Mid-Atlantic (1) Resource Solutions Total Revenues Collection $ 125,858 $ 163,967 $ — $ — $ 289,825 Landfill 13,521 35,380 — — 48,901 Transfer station 31,680 24,691 — — 56,371 Transportation 2,390 7,434 — — 9,824 Landfill gas-to-energy 386 2,859 — — 3,245 Processing 3,398 931 — 48,189 52,518 National Accounts — — — 91,557 91,557 Total revenues $ 177,233 $ 235,262 $ — $ 139,746 $ 552,241 Transferred at a point-in-time $ 218 $ 1,421 $ — $ 14,572 $ 16,211 Transferred over time 177,015 233,841 — 125,174 536,030 Total revenues $ 177,233 $ 235,262 $ — $ 139,746 $ 552,241 (1) Operations under the Mid-Atlantic region commenced July 1, 2023. Payments to customers that are not in exchange for a distinct good or service are recorded as a reduction of revenues. Rebates to certain customers associated with payments for recycled or organic materials that are received and subsequently processed and sold to other third-parties amounted to $8,416 and $15,531 in the three and six months ended June 30, 2024, respectively, and $6,329 and $12,958 in the three and six months ended June 30, 2023, respectively. Rebates are generally recorded as a reduction of revenues upon the sale of such materials, or upon receipt of the recycled materials at our facilities. We did not record revenues in the three and six months ended June 30, 2024 or June 30, 2023 from performance obligations satisfied in previous periods. Contract receivables, which are included in accounts receivable, net in our consolidated balance sheets are recorded when billed or when related revenue is earned, if earlier, and represent claims against third-parties that will be settled in cash. Accounts receivable, net includes receivables from contracts of $165,706 and $158,931 as of June 30, 2024 and December 31, 2023, respectively. Certain customers are billed in advance and, accordingly, recognition of the related revenues for which payment has been received is deferred as a contract liability until the services are provided and control transferred to the customer. We recognized contract liabilities of $30,662 and $31,472 as of June 30, 2024 and December 31, 2023, respectively. Due to the short term nature of advanced billings, substantially all of the deferred revenue recognized as a contract liability as of December 31, 2023 and December 31, 2022 was recognized as revenue during the six months ended June 30, 2024 and June 30, 2023, respectively, when the services were performed. |