| Deferred Revenue and Changes in Deferred Revenue |
Changes and balances of the Company’s deferred revenue accounts by segment are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2026 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at November 30, 2025 |
|
$ |
4 |
|
$ |
2,438 |
|
$ |
2,442 |
Revenue recognized |
|
|
(4) |
|
|
(2,676) |
|
|
(2,680) |
Revenue deferred |
|
|
- |
|
|
3,053 |
|
|
3,053 |
Balance at February 28, 2026 |
|
$ |
- |
|
$ |
2,815 |
|
$ |
2,815 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2025 |
|
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at November 30, 2024 |
|
$ |
— |
|
$ |
537 |
|
$ |
537 |
Revenue recognized |
|
|
— |
|
|
(828) |
|
|
(828) |
Revenue deferred |
|
|
— |
|
|
2,339 |
|
|
2,339 |
Balance at February 28, 2025 |
|
$ |
— |
|
$ |
2,048 |
|
$ |
2,048 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2026 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at August 31, 2025 |
|
$ |
— |
|
$ |
3,355 |
|
$ |
3,355 |
Revenue recognized |
|
|
(23) |
|
|
(7,456) |
|
|
(7,479) |
Revenue deferred |
|
|
23 |
|
|
6,916 |
|
|
6,939 |
Balance at February 28, 2026 |
|
$ |
— |
|
$ |
2,815 |
|
$ |
2,815 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2025 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at August 31, 2024 |
|
$ |
— |
|
$ |
2,173 |
|
$ |
2,173 |
Revenue recognized |
|
|
— |
|
|
(2,487) |
|
|
(2,487) |
Revenue deferred |
|
|
— |
|
|
2,362 |
|
|
2,362 |
Balance at February 28, 2025 |
|
$ |
— |
|
$ |
2,048 |
|
$ |
2,048 |
|