Balance Sheet Components (Tables)

6 Months Ended

Jun. 28, 2020

Balance Sheet Related Disclosures [Abstract]

Schedule of Accounts Receivable

	As of
(In thousands)	June 28, 2020		December 29, 2019
Accounts receivable, gross1	$	180,825	$	247,258
Less: allowance for credit losses	(22,902)		(19,975)
Less: allowance for sales returns	(791)		(807)
Accounts receivable, net	$	157,132	$	226,476

¹There is a lien on our accounts receivable of $53.5 million of our consolidated accounts receivable, gross, as of June 28, 2020 in connection with a Loan and Security Agreement entered into on March 29, 2019. See Note 11. Debt and Credit Sources.

Accounts Receivable, Allowance for Credit Loss

	Three Months Ended				Six Months Ended
(In thousands)	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Balance at beginning of period	$	22,484	$	18,321	$	19,975	$	16,906
Provision for credit losses	1,325		(10)		3,566		1,661
Charge offs, net of recoveries	(907)		2,764		(639)		2,508
Balance at end of period	$	22,902	$	21,075	$	22,902	$	21,075

Schedule of Inventory

	As of
(In thousands)	June 28, 2020		December 29, 2019
Raw materials	$	66,945	$	54,936
Work-in-process	65,011		62,993
Finished goods	228,460		240,328
Inventories1 2	$	360,416	$	358,257

¹A lien of $125.4 million exists on our gross inventory as of June 28, 2020 in connection with a Loan and Security Agreement entered into on March 29, 2019. See Note 11. Debt and Credit Sources.

² Refer to long-term inventory for the safe harbor program under the caption "Other long-term assets."

Schedule of Prepaid Expenses and Other Current Assets

	As of
(In thousands)	June 28, 2020		December 29, 2019
Deferred project costs	$	20,507	$	29,652
VAT receivables, current portion	4,323		7,986
Deferred costs for solar power systems	20,935		29,631
Derivative financial instruments	1,273		1,002
Other receivables	22,019		37,140
Prepaid taxes	—		718
Other	15,661		15,115
Prepaid expenses and other current assets	$	84,718	$	121,244

Schedule of Property, Plant and Equipment

	As of
(In thousands)	June 28, 2020		December 29, 2019
Manufacturing equipment	$	144,289	$	144,614
Land and buildings	137,870		137,723
Leasehold improvements	105,327		103,393
Solar power systems	31,547		30,518
Computer equipment	90,200		93,312
Furniture and fixtures	9,209		9,471
Construction-in-process	15,800		15,730
Property, plant and equipment, gross	534,242		534,761
Less: accumulated depreciation	(234,598)		(211,035)
Property, plant and equipment, net	$	299,644	$	323,726

Schedule of Property, Plant and Equipment by Geographic Region

	As of
(In thousands)	June 28, 2020		December 29, 2019
United States	$	51,267	$	56,507
Philippines	85,135		92,598
Malaysia	136,611		145,246
Mexico	16,961		18,862
Europe	9,657		10,469
Other	13		44
Property, plant and equipment, net, by geography1	$	299,644	$	323,726

¹Based on the physical location of the assets.

Schedule of Other Long-Term Assets

	As of
(In thousands)	June 28, 2020		December 29, 2019
Equity investments with readily determinable fair value	$	249,152	$	173,908
Equity investments without readily determinable fair value	7,481		8,661
Equity investments with fair value option	9,776		17,500
Equity method investments	25,826		26,533
Long-term inventory1	51,252		48,214
Other	60,735		56,039
Other long-term assets	$	404,222	$	330,855

¹ Entire balance consists of finished goods under the safe harbor program. Refer to Note 10. Equity Investments for details.

Schedule of Accrued Liabilities

	As of
(In thousands)	June 28, 2020		December 29, 2019
Employee compensation and employee benefits	$	30,877	$	47,901
Interest payable	10,943		10,161
Short-term warranty reserves	40,083		30,979
Restructuring reserve	6,146		6,601
VAT payables	11,102		6,393
Derivative financial instruments	2,107		1,962
Legal expenses	13,531		13,111
Taxes payable	18,433		32,191
Liability due to supply agreement	29,314		28,031
Other	25,577		26,560
Accrued liabilities	$	188,113	$	203,890

Schedule of Other Long-Term Liabilities

	As of
(In thousands)	June 28, 2020		December 29, 2019
Deferred revenue1	$	38,401	$	40,246
Long-term warranty reserves	86,354		107,466
Unrecognized tax benefits	19,663		20,067
Long-term pension liability	6,632		5,897
Derivative financial instruments	649		373
Other	35,038		30,251
Other long-term liabilities	$	186,737	$	204,300

¹Consists of advance consideration received from customers under the residential lease program for leases entered into prior to December 31, 2018, which continue to be accounted for in accordance with the superseded lease accounting guidance.

Schedule of Accumulated Other Comprehensive Loss

	As of
(In thousands)	June 28, 2020		December 29, 2019
Cumulative translation adjustment	$	(12,116)	$	(12,250)
Net unrealized loss on derivative financial instruments	(2,175)		(1,238)
Net gain on long-term pension liability obligation	3,927		3,976
Deferred taxes	(1)		—
Accumulated other comprehensive loss	$	(10,365)	$	(9,512)