XML 38 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Weighted-Average Valuation Assumptions
The Company used the following weighted-average assumptions in applying the Black-Scholes valuation model:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
Risk-free interest rate
 
2.73%—2.77%

 
2.01% - 2.07%

 
2.49% - 2.77%

 
2.01% - 2.07%

Expected term (in years)
 
6.21—6.69

 
6.12—6.62

 
6.18—6.69

 
6.08—6.62

Expected dividend yield
 

 

 

 

Expected volatility
 
54.6
%
 
59.8
%
 
54.6% -55.1%

 
59.8% - 61.0%

Estimated Depreciable Lives of Property, Plant and Equipment
Depreciation is calculated using the straight-line method over the estimated depreciable lives of the respective assets as follows:
 
  
Depreciable Lives
Energy Servers
  
15-21 years
Computers, software and hardware
  
3-5 years
Machinery and equipment
  
5-10 years
Furniture and fixtures
  
3-5 years
Leasehold improvements
  
1-5 years
Buildings
  
35 years
Property, plant and equipment, net consisted of the following (in thousands):
 
 
June 30,
2018
 
December 31,
2017
 
 
 
 
 
Energy Servers
 
$
511,239

 
$
511,153

Computers, software and hardware
 
19,743

 
19,384

Machinery and equipment
 
98,397

 
97,158

Furniture and fixtures
 
4,695

 
4,679

Leasehold improvements
 
22,931

 
22,799

Building
 
40,512

 
40,512

Construction in progress
 
9,486

 
9,898

 
 
707,003

 
705,583

Less: Accumulated depreciation
 
(229,238
)
 
(207,794
)
 
 
$
477,765

 
$
497,789