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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2016
Jan. 03, 2016
Current assets:    
Cash and cash equivalents $ 555,178 $ 954,528
Restricted cash and cash equivalents, current portion 24,572 24,488
Accounts receivable, net 177,443 [1] 190,448
Costs and estimated earnings in excess of billings 56,503 [1] 38,685
Inventories 386,787 382,390
Advances to suppliers, current portion 95,421 85,012
Project assets - plants and land, current portion1 662,868 [1] 479,452
Prepaid expenses and other current assets 415,128 [1] 359,517
Total current assets 2,373,900 2,514,520
Restricted cash and cash equivalents, net of current portion 43,470 41,748
Restricted long-term marketable securities 6,560 6,475
Property, plant and equipment, net 802,944 [2] 731,230
Solar power systems leased and to be leased, net [3],[4] 561,534 531,520
Project assets - plants and land, net of current portion 5,900 5,072
Advances to suppliers, net of current portion 251,763 274,085
Long-term financing receivables, net 378,802 334,791
Goodwill and other intangible assets, net 110,715 119,577
Other long-term assets 299,267 [1] 297,975
Total assets 4,834,855 4,856,993
Current liabilities:    
Accounts payable 530,178 [1] 514,654
Accrued liabilities1 283,502 [1] 313,497
Billings in excess of costs and estimated earnings 142,210 115,739
Short-term debt 63,348 21,041
Customer advances, current portion 35,307 [1] 33,671
Total current liabilities 1,054,545 998,602
Long-term debt 498,197 478,948
Convertible debt, net of current portion 1,111,466 [1] 1,110,960
Customer advances, net of current portion 119,423 [1] 126,183
Other long-term liabilities1 562,723 [1] 564,557
Total liabilities $ 3,346,354 $ 3,279,250
Commitments and contingencies (Note 8)
Redeemable noncontrolling interests in subsidiaries $ 78,818 $ 69,104
Equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding as of both April 3, 2016 and January 3, 2016 0 0
Common stock, $0.001 par value, 367,500,000 shares authorized; 147,356,818 shares issued, and 138,027,294 outstanding as of April 3, 2016; 145,242,705 shares issued, and 136,712,339 outstanding as of January 3, 2016 138 137
Additional paid-in capital 2,376,771 2,359,917
Accumulated deficit (833,026) (747,617)
Accumulated other comprehensive loss (12,599) (8,023)
Treasury stock, at cost; 9,329,524 shares of common stock as of April 3, 2016; 8,530,366 shares of common stock as of January 3, 2016 (174,142) (155,265)
Total stockholders' equity 1,357,142 1,449,149
Noncontrolling interests in subsidiaries 52,541 59,490
Total equity 1,409,683 1,508,639
Total liabilities and equity $ 4,834,855 $ 4,856,993
[1] The Company has related-party balances for transactions made with Total and its affiliates as well as unconsolidated entities in which the Company has a direct equity investment. These related-party balances are recorded within the "Accounts Receivable, net," "Costs and estimated earnings in excess of billings," "Project assets - plants and land, current portion," "Prepaid expenses and other current assets," "Other long-term assets," "Accounts payable," "Accrued Liabilities", "Customer advances, current portion," "Convertible debt, net of current portion," and "Customer advances, net of current portion" financial statement line items in the Consolidated Balance Sheets (see Note 2, Note 6, Note 9, Note 10, and Note 11).
[2] Property, plant and equipment, net by geography is based on the physical location of the assets.
[3] 2 As of April 3, 2016 and January 3, 2016, the Company had pledged solar assets with an aggregate book value of $94.1 million and zero, respectively, to third-party investors as security for the Company's contractual obligations.
[4] Solar power systems leased and to be leased, net are physically located exclusively in the United States.