Note 23. Segment and Geographical Information (Tables)
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12 Months Ended |
Dec. 31, 2016 |
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| Segment Reporting [Abstract] |
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| Schedule of Segment Reporting Information, by Segment |
Financial information about our reportable segments during the years ended December 31, 2016, 2015, and 2014 was as follows (in thousands): | | | | | | | | | | | | | | | | Year Ended December 31, 2016 | | | Components | | Systems | | Total | Net sales | | $ | 1,484,300 |
| | $ | 1,467,028 |
| | $ | 2,951,328 |
| Gross profit | | 378,886 |
| | 325,093 |
| | 703,979 |
| Depreciation and amortization expense | | 190,818 |
| | 13,433 |
| | 204,251 |
| Goodwill (1) | | 14,462 |
| | — |
| | 14,462 |
|
| | | | | | | | | | | | | | | | Year Ended December 31, 2015 | | | Components | | Systems | | Total | Net sales | | $ | 1,389,579 |
| | $ | 2,189,416 |
| | $ | 3,578,995 |
| Gross profit (2) | | 347,853 |
| | 571,414 |
| | 919,267 |
| Depreciation and amortization expense | | 214,937 |
| | 10,289 |
| | 225,226 |
| Goodwill | | 16,152 |
| | 68,833 |
| | 84,985 |
|
| | | | | | | | | | | | | | | | Year Ended December 31, 2014 | | | Components | | Systems | | Total | Net sales | | $ | 1,102,674 |
| | $ | 2,288,513 |
| | $ | 3,391,187 |
| Gross profit | | 93,510 |
| | 731,431 |
| | 824,941 |
| Depreciation and amortization expense | | 198,731 |
| | 17,857 |
| | 216,588 |
|
| | (1) | As a result of our annual impairment testing in the fourth quarter of 2016, we determined that the estimated fair value of our systems reporting unit was less than its carrying value and that the implied fair value of goodwill for the systems reporting unit was zero. Accordingly, we recorded a goodwill impairment loss of $68.8 million. See Note 6 “Goodwill and Intangible Assets” to our consolidated financial statements for more information on this impairment. |
| | (2) | Gross profit for our components segment for the year ended December 31, 2015 included a $69.6 million benefit to cost of sales associated with the reduction in our module collection and recycling obligation. See Note 14 “Solar Module Collection and Recycling Liability” to our consolidated financial statements for more information regarding the change in this obligation. |
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| Revenue from External Customers by Products and Services |
The following table sets forth the total amounts of solar module and solar power system net sales recognized for the years ended December 31, 2016, 2015, and 2014. For the purposes of the following table, (i) solar module revenue is composed of revenue from the sale of solar modules to third parties, which does not include any modules sold as part of our PV solar power systems, and (ii) solar power system revenue is composed of revenues from the sale of PV solar power systems and related products and services, including any modules installed in such systems and any revenue generated by such systems (in thousands): | | | | | | | | | | | | | | | | 2016 | | 2015 | | 2014 | Solar module revenue | | $ | 675,453 |
| | $ | 227,461 |
| | $ | 228,319 |
| Solar power system revenue | | 2,275,875 |
| | 3,351,534 |
| | 3,162,868 |
| Net sales | | $ | 2,951,328 |
| | $ | 3,578,995 |
| | $ | 3,391,187 |
|
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| Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area |
The following table presents net sales for the years ended December 31, 2016, 2015, and 2014 by geographic region, which is based on the customer country of invoicing (in thousands): | | | | | | | | | | | | | | | | 2016 | | 2015 | | 2014 | United States | | $ | 2,448,627 |
| | $ | 3,117,797 |
| | $ | 3,042,006 |
| India | | 158,182 |
| | 134,462 |
| | 44,118 |
| Spain | | 141,319 |
| | 797 |
| | — |
| Jordan | | 120,134 |
| | — |
| | — |
| Germany | | 14,498 |
| | 63,709 |
| | 121,941 |
| Australia | | 9,568 |
| | 185,064 |
| | 157,152 |
| All other foreign countries | | 59,000 |
| | 77,166 |
| | 25,970 |
| Net sales | | $ | 2,951,328 |
| | $ | 3,578,995 |
| | $ | 3,391,187 |
|
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| Schedule of Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country |
The following table presents long-lived assets, which includes property, plant and equipment, PV solar power systems, project assets, and deferred project costs (current and noncurrent) as of December 31, 2016 and 2015 by geographic region, based on the physical location of the assets (in thousands): | | | | | | | | | | | | 2016 | | 2015 | United States | | $ | 1,606,064 |
| | $ | 1,434,891 |
| Malaysia | | 339,230 |
| | 788,086 |
| Chile | | 260,751 |
| | 270,623 |
| All other foreign countries | | 373,573 |
| | 183,354 |
| Long-lived assets | | $ | 2,579,618 |
| | $ | 2,676,954 |
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