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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 239,278 $ 448,252
Marketable securities at fair value 43,343 0
Restricted cash and cash equivalents (primarily related to VIEs) 104,166 88,526
Receivables:    
Trade less allowance for credit losses of $90 and $597, respectively (primarily related to VIEs) 122,944 149,170
Other 18,144 17,987
Inventories 28,445 35,321
Costs and estimated earnings in excess of billings on uncompleted contracts [1] 9,692 24,544
Prepaid expenses and other 35,920 15,354
Total current assets 601,932 779,154
Investment in unconsolidated companies 105,886 98,217
Deposits and other 78,915 66,989
Deferred income taxes 143,450 119,299
Property, plant and equipment, net 2,294,973 2,099,046
Construction-in-process 721,483 479,315
Operating leases right of use 19,357 16,347
Finance leases right of use 6,414 11,633
Intangible assets, net 363,314 194,421
Goodwill 89,954 24,566
Total assets [2],[3] 4,425,678 3,888,987
Current liabilities:    
Accounts payable and accrued expenses 143,186 152,763
Billings in excess of costs and estimated earnings on uncompleted contracts 9,248 11,179
Current portion of long-term debt:    
Limited and non-recourse (primarily related to VIEs): 61,695 60,846
Full recourse 313,846 17,768
Financing liability 10,835 0
Operating lease liabilities 2,564 2,922
Finance lease liabilities 2,782 3,169
Total current liabilities 544,156 248,647
Long-term debt, net of current portion:    
Financing liability 242,029 0
Operating lease liabilities 16,462 12,897
Finance lease liabilities 4,361 9,104
Liability associated with sale of tax benefits 134,953 111,476
Deferred income taxes 84,662 87,972
Liability for unrecognized tax benefits 5,730 1,970
Liabilities for severance pay 15,694 18,749
Asset retirement obligation 84,891 63,457
Other long-term liabilities 4,951 6,235
Total liabilities 2,417,888 1,937,720
Commitments and contingencies (Note 21)
Redeemable noncontrolling interest 9,329 9,830
Equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 56,056,450 and 55,983,259 issued and outstanding as of December 31, 2020 and December 31, 2019, respectively 56 56
Additional paid-in capital 1,271,925 1,262,446
Retained earnings 585,209 550,103
Accumulated other comprehensive loss (2,191) (6,620)
Total stockholders' equity attributable to Company's stockholders 1,854,999 1,805,985
Noncontrolling interest 143,462 135,452
Total equity 1,998,461 1,941,437
Total liabilities, redeemable noncontrolling interest and equity 4,425,678 3,888,987
Senior Secured Notes [Member]    
Long-term debt, net of current portion:    
Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $11,304 and $13,887, respectively) 539,664 600,123
Senior Unsecured Bonds [Member]    
Long-term debt, net of current portion:    
Full recourse (less deferred financing costs of $3,659 and $3,436, respectively) $ 740,335 $ 777,090
[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 partially recognized as product revenues during the year ended December 31, 2021 as a result of performance obligations that were partially satisfied.
[2] Electricity segment assets include goodwill in the amount of $85.3 million, $20.5 million and $20.1 million as of December 31, 2021, 2020 and 2019, respectively, $65.4 million of which was added in the third quarter of 2021 as a result of the Terra-Gen Transaction as further described under Note 2 to the consolidated financial statements. Energy Storage segment assets include goodwill in the amount of $4.6 million, $4.1 million and $0.0 million as of December 31, 2021, 2020 and 2019, respectively. No goodwill is included in the Product segment assets as of December 31, 2021, 2020 and 2019.
[3] Including unconsolidated investments