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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net loss $ (218,513) $ (217,498)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization, net of amortization of deferred grants 99,674 73,570
Deferred income taxes 37,624 13,146
Stock-based compensation expense 16,494 14,026
Noncash interest expense 13,144 8,024
Interest on lease pass-through financing obligations 8,963 9,051
Reduction in lease pass-through financing obligations (13,721) (14,149)
Other noncash losses and expenses 6,849 4,154
Changes in operating assets and liabilities:    
Accounts receivable (13,963) 9,183
Inventories 4,003 (14,573)
Prepaid and other assets (3,620) (5,135)
Accounts payable 31,669 (22,220)
Accrued expenses and other liabilities (11,367) 8,014
Deferred revenue 3,598 7,176
Net cash used in operating activities (39,166) (127,231)
Investing activities:    
Payments for the costs of solar energy systems, leased and to be leased (583,188) (530,295)
Purchases of property and equipment (5,956) (10,397)
Business acquisition, net of cash acquired 0 (5,000)
Net cash used in investing activities (589,144) (545,692)
Financing activities:    
Proceeds from state tax credits, net of recapture 12,785 9,081
Payment of debt fees (6,332) (13,614)
Proceeds from lease pass-through financing obligations 4,639 14,242
Contributions received from noncontrolling interests and redeemable noncontrolling interests 471,322 422,207
Distributions paid to noncontrolling interests and redeemable noncontrolling interests (38,761) (27,749)
(Payments) proceeds from exercises of stock options, net of withholding taxes on restricted stock units and issuance of shares in connection with the Employee Stock Purchase Plan (207) 4,704
Offering costs paid related to initial public offering 0 (437)
Payment of capital lease obligations (7,585) (9,668)
Change in restricted cash (2,058) (937)
Net cash provided by financing activities 638,088 676,536
Net change in cash 9,778 3,613
Cash, beginning of period 206,364 203,864
Cash, end of period 216,142 207,477
Supplemental disclosures of cash flow information    
Cash paid for interest 29,383 17,776
Cash paid for taxes 0 0
Supplemental disclosures of noncash investing and financing activities    
Purchases of solar energy systems and property and equipment included in accounts payable and accrued expenses 29,206 22,871
Purchases of solar energy systems included in non-recourse debt 12,873 0
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 14,785 9,817
Vehicles acquired under capital leases 166 12,637
Recourse debt    
Financing activities:    
Proceeds from issuance of debt 125,400 354,400
Repayment of debt (122,400) (307,400)
Non recourse debt    
Financing activities:    
Proceeds from issuance of debt 294,086 249,820
Repayment of debt $ (92,801) $ (18,113)