XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2020
Dec. 29, 2019
Current assets:    
Cash and cash equivalents $ 235,307 $ 422,955
Restricted cash and cash equivalents, current portion 30,631 26,348
Restricted short-term marketable securities 6,322 6,187
Accounts receivable, net 157,132 226,476 [1]
Contract assets 105,221 [1] 99,426
Inventories 360,416 358,257
Advances to suppliers, current portion 108,464 107,388
Project assets - plants and land, current portion 24,567 12,650
Prepaid expenses and other current assets 84,718 121,244
Total current assets 1,112,778 1,380,931
Restricted cash and cash equivalents, net of current portion 8,420 9,354
Property, plant and equipment, net 299,644 323,726
Operating lease right-of-use assets 56,849 51,258
Solar power systems leased, net 52,441 54,338
Advances to suppliers, net of current portion 889 13,993
Other intangible assets, net 3,280 7,466
Other long-term assets 404,222 330,855
Total assets 1,938,523 2,171,921
Current liabilities:    
Accounts payable 357,046 [1] 441,759
Accrued liabilities 188,113 [1] 203,890
Operating lease liabilities, current portion 11,833 9,463
Contract liabilities, current portion 88,265 [1] 138,441
Short-term debt 128,643 104,856
Convertible debt, current portion1 309,228 0
Total current liabilities 1,083,128 898,409
Long-term 92,676 113,827
Convertible debt 421,822 [1] 820,259
Operating lease liabilities, net of current portion 51,073 46,089
Contract liabilities, net of current portion 61,782 [1] 67,538
Other long-term liabilities 186,737 204,300
Total liabilities 1,897,218 2,150,422
Commitments and contingencies (Note 8)
Equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding as of June 30, 2019 and December 30, 2018 0 0
Common stock, $0.001 par value, 367,500 shares authorized; 153,931 shares issued, and 142,393 shares outstanding as of June 30, 2019; 152,085 shares issued, and 141,180 shares outstanding as of December 30, 2018 170 168
Additional paid-in capital 2,674,379 2,661,819
Accumulated deficit (2,431,732) (2,449,679)
Accumulated Other Comprehensive Income (Loss), Net of Tax (10,365) (9,512)
Treasury stock, at cost: 11,538 shares of common stock as of June 30, 2019; 10,905 shares of common stock as of December 30, 2018 (200,796) (192,633)
Total stockholders' equity 31,656 10,163
Noncontrolling interests in subsidiaries 9,649 11,336
Total equity 41,305 21,499
Total liabilities and equity $ 1,938,523 $ 2,171,921
[1] We have related-party balances for transactions made with Total SE and its affiliates as well as unconsolidated entities in which we have a direct equity investment. These related-party balances are recorded within the "accounts receivable, net," "prepaid expenses and other current assets," "contract assets," "accounts payable," "accrued liabilities," "contract liabilities, current portion," "convertible debt," and "contract liabilities, net of current portion," financial statement line items on our condensed consolidated balance sheets (see Note 2, Note 9, Note 10, and Note 11).