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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
May 31, 2016
Jun. 28, 2015
Cash flows from operating activities:    
Net loss $ (7,214) $ (20,019)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion [1] 10,014 1,478
Depreciation, amortization and accretion   1,488
Loss on cash flow hedges 0 3,242
Interest expense on financing obligation 0 1,193
Loss on termination of financing obligation 0 6,478
Reserve for rebates receivable 0 1,338
Cash distributions from unconsolidated investees 7,718 0
Equity in earnings of unconsolidated investees (5,429) (218)
Deferred income taxes 10,218 97
Share-based compensation 112 0
Amortization of debt issuance costs 306 0
Changes in allowance for doubtful accounts 166 0
Changes in operating assets and liabilities:    
Accounts receivable and financing receivable, net (2,432) (332)
Cash grants receivable 0 146
Rebates receivable 0 (121)
Solar power systems to be leased under sales type leases 0 160
Prepaid and other current assets (464) (3,632)
Deferred revenue (68) (479)
Accounts payable and other current liabilities 951 1,326
Net cash provided by (used in) operating activities 13,627 (9,333)
Cash flows from investing activities:    
Cash provided by (used in) purchases of property and equipment, net 1,143 (224,018)
Cash paid for acquisitions (117,974) 0
Distributions from unconsolidated investees 1,193 0
Net cash used in investing activities (115,638) (224,018)
Cash flows from financing activities:    
Proceeds from issuance of Class A shares, net of issuance costs 0 393,750
Proceeds from issuance of bank loans, net of issuance costs 64,991 461,192
Repayment of bank loans 0 (264,143)
Cash contributions from noncontrolling interests and redeemable noncontrolling interests - tax equity investors 372 1,039
Cash distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors (1,276) 0
Net cash provided by financing activities 65,225 271,245
Net increase (decrease) in cash and cash equivalents (36,786) 37,894
Cash and cash equivalents, beginning of period 56,781 0
Cash and cash equivalents, end of period 19,995 37,894
Noncash transactions:    
Assignment of financing receivables to a third-party financial institution 0 1,279
Property and equipment acquisitions funded by liabilities 3,435 0
ARO assumed through acquisition 1,528 2,130
Change in ARO assets and liabilities (224) 4,570
Predecessor liabilities assumed by SunPower 0 48,588
Issuance by OpCo of OpCo common units, subordinated units and IDR for acquisition of interests in First Solar Project Entities 0 408,820
Settlement of related party payable by capital contribution from tax equity investor 46,837 0
Accrued distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors 1,616 0
Interest Rate Swap    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Unrealized gain on interest rate swap (251) 0
SunPower    
Cash flows from financing activities:    
Capital contributions from SunPower 9,973 337,793
Capital distribution 0 (3,162)
SunPower | I P O    
Cash flows from financing activities:    
Capital distribution 0 (371,527)
First Solar | I P O    
Cash flows from financing activities:    
Capital distribution 0 (283,697)
Class A    
Cash flows from financing activities:    
Capital distribution $ (8,835) $ 0
[1] The Partnership has related-party activities for transactions made with the Sponsors. Related party transactions recorded within “Operating revenues” in the unaudited condensed consolidated statement of operations were $1.3 million and $2.6 million for the three and six months ended May 31, 2016, respectively, and $0.1 million for each of the three and six months ended June 28, 2015. Related party transactions recorded within “Operating costs and expenses” in the unaudited condensed consolidated statement of operations were $1.7 million and $3.1 million for the three and six months ended May 31, 2016, respectively, and $0.2 million and $0.5 million for the three and six months ended June 28, 2015, respectively.