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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Revenue:    
Revenue $ 306,398 $ 290,546
Cost of revenue:    
Cost of Revenue 256,524 261,362
Gross profit 49,874 29,184
Operating expenses:    
Research and development [1] 5,015 7,768
Sales, general, and administrative 47,744 40,717
Restructuring charges 3,766 1,576
Gain on sale and impairment of residential lease assets (226) (274)
Income from transition services agreement, net (3,087) 0
Total operating expenses 53,212 49,787
Operating loss (3,338) (20,603)
Other income (expense), net:    
Interest income 52 404
Interest expense [1] (7,965) (9,193)
Other, net (43,471) 50,438
Other (expense) income, net (51,384) 41,649
(Loss) income from continuing operations before income taxes and equity in earnings of unconsolidated investees (54,722) 21,046
Benefit from (provision for) income taxes 5,224 (885)
Net (loss) income from continuing operations (49,498) 20,161
Loss from discontinued operations before income taxes and equity in losses of unconsolidated investees 0 (21,560)
Provision for income taxes 0 (984)
Equity in earnings of unconsolidated investees 0 245
Net loss from discontinued operations, net of taxes 0 (22,299)
Net loss (49,498) (2,138)
Net loss from continuing operations attributable to noncontrolling interests 1,113 1,379
Net income from discontinued operations attributable to noncontrolling interests 0 (672)
Net loss attributable to noncontrolling interests 1,113 707
Net (loss) income attributable to stockholders - continuing operations (48,385) 21,540
Net loss attributable to stockholders - discontinued operations 0 (22,971)
Net loss attributable to stockholders $ (48,385) $ (1,431)
Net (loss) income per share attributable to stockholders - basic:    
Continuing operations (usd per share) $ (0.28) $ 0.13
Discontinued operations (usd per share) 0 (0.14)
Basic net loss per share (usd per share) (0.28) (0.01)
Net (loss) income per share attributable to stockholders - diluted:    
Continuing operations (usd per share) (0.28) 0.12
Discontinued operations (usd per share) 0 (0.13)
Net loss per share - diluted (usd per share) $ (0.28) $ (0.01)
Weighted-average shares:    
Basic (shares) 171,200 168,822
Diluted (shares) 171,200 177,277
Solar power systems, components, and other    
Revenue:    
Revenue [1] $ 301,237 $ 285,289
Cost of revenue:    
Cost of Revenue 254,104 258,637 [1]
Residential leasing    
Revenue:    
Revenue 1,120 1,324
Cost of revenue:    
Cost of Revenue 601 1,296
Solar services    
Revenue:    
Revenue 4,041 3,933
Cost of revenue:    
Cost of Revenue $ 1,819 $ 1,429
[1] We have related-party transactions with Total SE and its affiliates, Maxeon Solar, and unconsolidated entities in which we have a direct equity investment. These related-party transactions are recorded within the "revenue: solar power systems, components, and other," "cost of revenue: solar power systems, components, and other," "operating expenses: research and development," "operating expenses: sales, general and administrative," "operating expenses: income transition services agreement, net," and "other income (expense), net: interest expense," "benefit from (provision for) income taxes" financial statement line items in our condensed consolidated statements of operations (see Note 2, Note 9, and Note 11).