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Basis of Presentation and Significant Accounting Policies (Tables)
9 Months Ended
Sep. 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
September 30,
 
Nine Months Ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Risk-free interest rate
 
2.84%

 
1.95%

 
2.49% - 2.84%
 
1.95% -2.07%
Expected term (years)
 
6.21—6.69

 
6.23—6.55

 
6.18—6.69
 
6.08—6.62
Expected dividend yield
 
 
 
 
Expected volatility
 
56.1
%
 
57.9
%
 
54.6% -56.1%
 
57.9% - 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):
 
 
September 30,
2018
 
December 31,
2017
 
 
 
 
 
Energy Servers
 
$
511,273

 
$
511,153

Computers, software and hardware
 
20,114

 
19,384

Machinery and equipment
 
99,519

 
97,158

Furniture and fixtures
 
4,848

 
4,679

Leasehold improvements
 
22,931

 
22,799

Building
 
40,512

 
40,512

Construction in progress
 
11,690

 
9,898

 
 
710,887

 
705,583

Less: Accumulated depreciation
 
(239,813
)
 
(207,794
)
 
 
$
471,074

 
$
497,789