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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 929,355 $ 1,352,741
Marketable securities (amortized cost of $586,628 and allowance for credit losses of $215 at March 31, 2020) 579,340 811,506
Accounts receivable trade 293,612 476,425
Accounts Receivable, Allowance for Credit Loss (3,331) (1,386)
Accounts receivable trade, net 290,281 475,039
Accounts receivable, unbilled and retainage 122,332 183,473
Accounts receivable, unbilled and retainage, allowance for credit losses (1,223) 0
Accounts receivable, unbilled and retainage, net 121,109 183,473
Inventories 479,792 443,513
Balance of systems parts 44,718 53,583
Project assets 403 3,524
Prepaid expenses and other current assets 302,845 276,455
Total current assets 2,747,843 3,599,834
Property, plant and equipment, net 2,244,175 2,181,149
PV solar power systems, net 470,709 476,977
Project assets 388,511 333,596
Deferred tax assets, net 213,600 130,771
Restricted marketable securities (amortized cost $242,156 and allowance for credit losses of $30 at March 31, 2020) 246,410 223,785
Goodwill 14,462 14,462
Intangibles assets, net 63,918 64,543
Inventories 182,259 160,646
Other assets 377,254 329,926
Total assets 6,949,141 7,515,689
Current liabilities:    
Accounts payable 173,762 218,081
Income taxes payable 8,287 17,010
Accrued expenses 296,796 351,260
Current portion of long-term debt 81,807 17,510
Deferred revenue 136,998 323,217
Accrued litigation 13,000 363,000
Other current liabilities 21,785 28,130
Total current liabilities 732,435 1,318,208
Accrued solar module collection and recycling liability 138,009 137,761
Long-term debt 390,588 454,187
Other liabilities 519,487 508,766
Total liabilities 1,780,519 2,418,922
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 105,905,580 and 105,448,921 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 106 105
Additional paid-in capital 2,844,055 2,849,376
Accumulated earnings 2,408,111 2,326,620
Accumulated other comprehensive loss (83,650) (79,334)
Total stockholders' equity 5,168,622 5,096,767
Total liabilities and stockholders' equity $ 6,949,141 $ 7,515,689