v3.26.1
Revenue Recognition (Notes)
6 Months Ended
Jul. 04, 2026
Revenue Recognition [Abstract]  
Revenue from contract from customer [Text Block] Revenue Recognition
We recognize revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers.
Nature of Performance Obligations and Significant Judgments
At contract inception, the Company assesses the goods and services promised in its contracts with customers and identifies a performance obligation for each promised good or service (or bundle of goods and services) that is distinct. To identify the performance obligations, the Company considers all of the goods or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices.
Contracts with our customers generally originate upon the completion of a quote for services for residential and commercial customers or the receipt of a purchase order (or similar work order) for utility customers. In some cases, our contracts are governed by master services agreements, in which case our contract under ASC 606 consists of the combination of the master services agreement and the quote/purchase order. Many of our contracts have a stated duration of one year or less or contain termination clauses that allow the customer to cancel the contract after a specified notice period, which is typically less than 90 days. Due to the fact that many of our arrangements allow the customer to terminate for convenience, the duration of the contract for revenue recognition purposes generally does not extend beyond the services that we have actually transferred. As a result, many of our contracts are, in effect, day-to-day or month-to-month contracts.
Disaggregation of Revenue
The following tables disaggregate our revenue for the three and six months ended July 4, 2026 and June 28, 2025 by major sources:
Three Months Ended July 4, 2026UtilityResidential
and
Commercial
All OtherConsolidated
Type of service:
Tree and plant care$176,583 $130,388 $(612)$306,359 
Grounds maintenance— 68,953 — 68,953 
Storm damage services1,524 3,815 — 5,339 
Consulting and other87,968 47,965 2,349 138,282 
Total revenues$266,075 $251,121 $1,737 $518,933 
Geography:
United States$248,226 $236,204 $1,737 $486,167 
Canada17,849 14,917 — 32,766 
Total revenues$266,075 $251,121 $1,737 $518,933 
Three Months Ended June 28, 2025UtilityResidential
and
Commercial
All OtherConsolidated
Type of service:
Tree and plant care$167,410 $129,829 $(395)$296,844 
Grounds maintenance— 69,253 — 69,253 
Storm damage services13,342 5,609 — 18,951 
Consulting and other86,144 40,233 1,020 127,397 
Total revenues$266,896 $244,924 $625 $512,445 
Geography:
United States$251,298 $228,061 $625 $479,984 
Canada15,598 16,863 — 32,461 
Total revenues$266,896 $244,924 $625 $512,445 
Six Months Ended July 4, 2026UtilityResidential
and
Commercial
All OtherConsolidated
Type of service:
Tree and plant care$344,757 $219,983 $(1,012)$563,728 
Grounds maintenance— 112,503 — 112,503 
Storm damage services10,301 8,846 — 19,147 
Consulting and other174,486 81,654 3,190 259,330 
Total revenues$529,544 $422,986 $2,178 $954,708 
Geography:
United States$500,715 $398,807 $2,178 $901,700 
Canada28,829 24,179 — 53,008 
Total revenues$529,544 $422,986 $2,178 $954,708 
Six Months Ended June 28, 2025UtilityResidential
and
Commercial
All OtherConsolidated
Type of service:
Tree and plant care$332,206 $216,088 $(785)$547,509 
Grounds maintenance— 108,662 — 108,662 
Storm damage services31,799 23,188 — 54,987 
Consulting and other157,998 76,116 2,009 236,123 
Total revenues$522,003 $424,054 $1,224 $947,281 
Geography:
United States$495,740 $398,746 $1,224 $895,710 
Canada26,263 25,308 — 51,571 
Total revenues$522,003 $424,054 $1,224 $947,281 
Contract Balances
Our contract liabilities consist of advance payments, billings in excess of costs incurred and deferred revenue. The Company recognized $570 and $1,546 of revenue for the three and six months ended July 4, 2026, that was included in the contract liability balance at December 31, 2025 and $752 and $2,077 of revenue for the three and six months ended June 28, 2025, that was included in the contract liability balance at December 31, 2024. Current contract liabilities are included in accrued expenses and noncurrent contract liabilities are included in other noncurrent liabilities in the Condensed Consolidated Balance Sheets. Net contract liabilities consisted of the following:
July 4,
2026
December 31,
2025
Contract liabilities - current$5,260 $3,032 
Contract liabilities - noncurrent8,668 7,320 
     Net contract liabilities$13,928 $10,352