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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 376,630 $ 448,252
Marketable securities at fair value 27,735 0
Restricted cash and cash equivalents (primarily related to VIEs) 88,449 88,526
Receivables:    
Trade less allowance for credit losses of $597 and $597, respectively (primarily related to VIEs) 139,711 149,170
Other 10,513 17,987
Inventories 38,408 35,321
Costs and estimated earnings in excess of billings on uncompleted contracts [1] 20,876 24,544
Prepaid expenses and other 22,613 15,354
Total current assets 724,935 779,154
Investment in unconsolidated companies 104,519 98,217
Deposits and other 52,956 66,989
Deferred income taxes 119,217 119,299
Property, plant and equipment, net 2,148,589 2,099,046
Construction-in-process 471,548 479,315
Operating leases right of use 15,627 16,347
Finance leases right of use 8,336 11,633
Intangible assets, net 189,249 194,421
Goodwill 24,237 24,566
Total assets 3,859,213 [2],[3] 3,888,987
Current liabilities:    
Accounts payable and accrued expenses 148,071 152,763
Billings in excess of costs and estimated earnings on uncompleted contracts 12,686 11,179
Current portion of long-term debt:    
Senior secured notes 24,963 24,949
Other loans 36,240 35,897
Full recourse 26,168 17,768
Operating lease liabilities 2,935 2,922
Finance lease liabilities 3,171 3,169
Total current liabilities 254,234 248,647
Long-term debt, net of current portion:    
Senior secured notes (less deferred financing costs of $5,082 and $5,318, respectively) 306,891 315,195
Senior unsecured bonds (less deferred financing costs of $1,996 and $2,086, respectively) 698,271 717,534
Operating lease liabilities 12,332 12,897
Finance lease liabilities 5,851 9,104
Liability associated with sale of tax benefits 107,105 111,476
Deferred income taxes 87,421 87,972
Liability for unrecognized tax benefits 3,094 1,970
Liabilities for severance pay 18,202 18,749
Asset retirement obligation 64,354 63,457
Other long-term liabilities 6,086 6,235
Total liabilities 1,899,628 1,937,720
Commitments and contingencies (Note 10)
Redeemable noncontrolling interest 9,706 9,830
Equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 55,984,392 and 55,983,259 issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 56 56
Additional paid-in capital 1,264,828 1,262,446
Retained earnings 558,644 550,103
Accumulated other comprehensive income (loss) (6,920) (6,620)
Total stockholders' equity attributable to Company's stockholders 1,816,608 1,805,985
Noncontrolling interest 133,271 135,452
Total equity 1,949,879 1,941,437
Total liabilities, redeemable noncontrolling interest and equity 3,859,213 3,888,987
Other Loans, Limited and Non-recourse [Member]    
Long-term debt, net of current portion:    
Other loans (less deferred financing costs) 276,186 284,928
Other Loans, Full Recourse [Member]    
Long-term debt, net of current portion:    
Other loans (less deferred financing costs) $ 59,601 $ 59,556
[1] Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the consolidated balance sheets. The contract liabilities balance at the beginning of the year was not yet recognized as product revenues during the three months ended March 31, 2021 as a result of performance obligations having been satisfied.
[2] Electricity segment assets include goodwill in the amount of $20.1 million and $20.0 million as of March 31, 2021 and 2020, respectively. Energy Storage segment assets include goodwill in the amount of $4.1 million and none as of March 31, 2021 and 2020, respectively. No goodwill is included in the Product segment assets as of March 31, 2021 and 2020.
[3] Including unconsolidated investments