v3.26.1
DEFERRED REVENUE
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
DEFERRED REVENUE
6. DEFERRED REVENUE
The balances in deferred revenue as of March 31, 2026 and December 31, 2025 are primarily related to contributions in aid of construction which will be recognized as revenue over the life of the contract. An update of current and noncurrent deferred revenue follow:
CurrentNoncurrent
(In thousands)
Deferred revenue, December 31, 2025$10,122 $18,398 
Add: additions1,838 1,017 
Less: reclassifications to current deferred revenue, revenue recognized and other(2,825)(1,838)
Deferred revenue, March 31, 2026$9,135 $17,577