| 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 February 28, 2022 |
Balance at November 30, 2021 |
|
$ |
271 |
|
$ |
2,831 |
|
$ |
3,102 |
Revenue recognized |
|
|
(202) |
|
|
(1,628) |
|
|
(1,830) |
Revenue deferred |
|
|
370 |
|
|
- |
|
|
370 |
Balance at February 28, 2022 |
|
$ |
439 |
|
$ |
1,203 |
|
$ |
1,642 |
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2021 |
Balance at November 30, 2020 |
|
$ |
713 |
|
$ |
1,462 |
|
$ |
2,175 |
Revenue recognized |
|
|
(453) |
|
|
(2,698) |
|
|
(3,151) |
Revenue deferred |
|
|
- |
|
|
2,231 |
|
|
2,231 |
Balance at February 28, 2021 |
|
$ |
260 |
|
$ |
995 |
|
$ |
1,255 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
|
(In thousands) |
|
Six Months Ended February 28, 2022 |
Balance at August 31, 2021 |
|
$ |
410 |
|
$ |
1,995 |
|
$ |
2,405 |
Revenue recognized |
|
|
(341) |
|
|
(4,575) |
|
|
(4,916) |
Revenue deferred |
|
|
370 |
|
|
3,783 |
|
|
4,153 |
Balance at February 28, 2022 |
|
$ |
439 |
|
$ |
1,203 |
|
$ |
1,642 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2021 |
Balance at August 31, 2020 |
|
$ |
1,965 |
|
$ |
1,635 |
|
$ |
3,600 |
Revenue recognized |
|
|
(1,705) |
|
|
(2,871) |
|
|
(4,576) |
Revenue deferred |
|
|
- |
|
|
2,231 |
|
|
2,231 |
Balance at February 28, 2021 |
|
$ |
260 |
|
$ |
995 |
|
$ |
1,255 |
|