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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
May 31, 2017
May 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 1,823 $ (7,214)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion 13,871 10,014
Unrealized gain on interest rate swap (633) (251)
Distributions from unconsolidated investees 9,965 7,718
Equity in earnings of unconsolidated investees (9,965) (5,429)
Deferred income taxes 2,846 10,218
Share-based compensation 112 112
Amortization of debt issuance costs 487 306
Other, net (62) 166
Changes in operating assets and liabilities:    
Accounts receivable and financing receivable, net (1,559) (2,432)
Prepaid and other assets 7,104 (464)
Deferred revenue (59) (68)
Accounts payable and other liabilities 1,050 951
Net cash provided by operating activities 24,980 13,627
Cash flows from investing activities:    
Cash provided by (used in) purchases of property and equipment, net (114) 1,143
Cash paid for acquisitions (304,465) (117,974)
Distributions from unconsolidated investees 19,333 1,193
Net cash used in investing activities (285,246) (115,638)
Cash flows from financing activities:    
Proceeds from issuance of bank loans, net of issuance costs 283,987 64,991
Repayment of promissory note to First Solar (1,964) 0
Capital contributions from SunPower 0 9,973
Cash distribution (25,781) 0
Cash contributions from noncontrolling interests and redeemable noncontrolling interests - tax equity investors 18,750 372
Cash distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors (4,161) (1,276)
Net cash provided by financing activities 256,638 65,225
Net decrease in cash and cash equivalents (3,628) (36,786)
Cash and cash equivalents, beginning of period 14,261 56,781
Cash and cash equivalents, end of period 10,633 19,995
Non-cash transactions:    
Issuance by OpCo of promissory note to First Solar in connection with the Stateline Acquisition 50,000 0
Property and equipment acquisitions funded by liabilities 4,287 3,435
Settlement of related party payable by capital contribution from tax equity investor 0 46,837
Accrued distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors 785 1,616
Class A shares    
Cash flows from financing activities:    
Cash distribution $ (14,193) $ (8,835)