XML 49 R39.htm IDEA: XBRL DOCUMENT v3.22.2.2
SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of reportable segments and operating income
 
   
Three Months Ended
September 30, 2022
   
Nine Months Ended
September 30, 2022
 
   
Solar
   
All other
   
Solar
   
All other
 
Revenues
 
$
788,610
   
$
47,954
   
$
2,084,206
   
$
134,931
 
Cost of revenues
   
565,403
     
42,594
     
1,484,303
     
125,883
 
Gross profit
   
223,207
     
5,360
     
599,903
     
9,048
 
Research and development
 
 
47,943
   
 
6,861
   
 
140,215
   
 
23,378
 
Sales and marketing
   
30,996
     
2,202
     
85,220
     
8,059
 
General and administrative
   
17,534
     
2,795
     
49,779
     
10,209
 
Segments profit (loss)
 
$
126,734
   
$
(6,498
)
 
$
324,689
   
$
(32,598
)
 
   
Three Months Ended
September 30, 2021
   
Nine Months Ended
September 30, 2021
 
   
Solar
   
All other
   
Solar
   
All other
 
Revenues
 
$
476,838
   
$
49,455
   
$
1,284,574
   
$
127,080
 
Cost of revenues
   
302,081
     
45,132
     
799,163
     
122,536
 
Gross profit
   
174,757
     
4,323
     
485,411
     
4,544
 
Research and development
 
 
34,657
   
 
8,853
   

 

102,151
   

 

22,376
 
Sales and marketing
   
21,127
     
2,290
     
60,758
     
7,340
 
General and administrative
   
14,054
     
2,863
     
39,094
     
9,783
 
Segments profit (loss)
 
$
104,919
   
$
(9,683
)
 
$
283,408
   
$
(34,955
)
Schedule of reconciliation to consolidated operating income
The following table presents information on reportable segments reconciliation to consolidated revenues for the periods presented:
 
   
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
   
2022
   
2021
   
2022
   
2021
 
Solar revenues
 
$
788,610
   
$
476,838
   
$
2,084,206
   
$
1,284,574
 
All other revenues
   
47,954
     
49,455
     
134,931
     
127,080
 
Revenues from finance component
   
159
     
111
     
440
     
296
 
Consolidated revenues
 
$
836,723
   
$
526,404
   
$
2,219,577
   
$
1,411,950
 
 
The following table presents information on reportable segments reconciliation to consolidated operating income for the periods presented:
 
   
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
   
2022
   
2021
   
2022
   
2021
 
Solar segment profit
 
$
126,734
   
$
104,919
   
$
324,689
   
$
283,408
 
All other segment loss
   
(6,498
)
   
(9,683
)
   
(32,598
)
   
(34,955
)
Segments operating profit
   
120,236
     
95,236
     
292,091
     
248,453
 
Amounts not allocated to segments:
                               
Stock based compensation expenses
   
(35,751
)
   
(26,185
)
   
(106,932
)
   
(73,390
)

Amortization related to business combinations

   

(2,559

)    

(2,785

)    

(8,039

)    

(8,007

)
Impairment of goodwill and intangible assets
   
-
 
   
-
     
(4,008
)
   
-
 
Disposal of assets related to Critical Power
   
-
 
   
-
     
(4,314
)
   
-
 

Sale of Critical Power assets

    1,559       -       1,559       -  
Other unallocated income (expenses), net
   
922
 
   
148
 
   
926
 
   
(955
)
Consolidated operating income
 
$
84,407
   
$
66,414
   
$
171,283
   
$
166,101