| Deferred Revenue and Changes in Deferred Revenue |
Changes and balances of the Company’s deferred revenue accounts by segment are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
|
(In thousands) |
|
Three Months Ended May 31, 2022 |
Balance at February 28, 2022 |
|
$ |
439 |
|
$ |
1,203 |
|
$ |
1,642 |
Revenue recognized |
|
|
(49) |
|
|
(314) |
|
|
(363) |
Revenue deferred |
|
|
2 |
|
|
- |
|
|
2 |
Balance at May 31, 2022 |
|
$ |
392 |
|
$ |
889 |
|
$ |
1,281 |
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended May 31, 2021 |
Balance at February 28, 2021 |
|
$ |
260 |
|
$ |
995 |
|
$ |
1,255 |
Revenue recognized |
|
|
(48) |
|
|
(540) |
|
|
(588) |
Revenue deferred |
|
|
63 |
|
|
95 |
|
|
158 |
Balance at May 31, 2021 |
|
$ |
275 |
|
$ |
550 |
|
$ |
825 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
|
(In thousands) |
|
Nine Months Ended May 31, 2022 |
Balance at August 31, 2021 |
|
$ |
410 |
|
$ |
1,995 |
|
$ |
2,405 |
Revenue recognized |
|
|
(390) |
|
|
(4,889) |
|
|
(5,279) |
Revenue deferred |
|
|
372 |
|
|
3,783 |
|
|
4,155 |
Balance at May 31, 2022 |
|
$ |
392 |
|
$ |
889 |
|
$ |
1,281 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended May 31, 2021 |
Balance at August 31, 2020 |
|
$ |
1,965 |
|
$ |
1,636 |
|
$ |
3,601 |
Revenue recognized |
|
|
(1,753) |
|
|
(3,316) |
|
|
(5,069) |
Revenue deferred |
|
|
63 |
|
|
2,230 |
|
|
2,293 |
Balance at May 31, 2021 |
|
$ |
275 |
|
$ |
550 |
|
$ |
825 |
|