Segment Information

3 Months Ended

Apr. 03, 2016

Segment Reporting [Abstract]

Segment Information

SEGMENT AND GEOGRAPHICAL INFORMATION

The Company's President and Chief Executive Officer, as the CODM, has organized the Company, manages resource allocations and measures performance of the Company's activities among three end-customer segments: (i) Residential Segment, (ii) Commercial Segment and (iii) Power Plant Segment (see Note 1). The Residential and Commercial Segments combined are referred to as Distributed Generation.

The CODM assesses the performance of the three end-customer segments using information about their revenue, gross margin, and earnings before interest, taxes, depreciation and amortization ("EBITDA") after certain adjustments such as those related to 8point3 Energy Partners, utility and power plant projects and the sale of operating lease assets, and adding back certain expenses such as stock-based compensation expense and IPO-related costs, as well as other items. Additionally, for purposes of calculating EBITDA, the calculation excludes cash interest expense, net of interest income, provision for income taxes, and depreciation. The CODM does not review asset information by segment.

The following tables present information by end-customer segment including revenue, gross margin, and EBITDA, each as reviewed by the CODM, as well as information about significant customers and revenue by geography, based on the destination of the shipments.

	Three Months Ended
(In thousands):	April 3, 2016		March 29, 2015
Revenue
Distributed Generation
Residential
Solar power systems, components, others	$	95,632	$	115,666
Residential leasing	56,175		39,658
Commercial	52,241		49,063
Power Plant	180,827		236,484
Total revenue	$	384,875	$	440,871
Cost of revenue
Distributed Generation
Residential
Solar power systems, components, others	$	75,063	$	92,367
Residential leasing	43,097		30,405
Commercial	45,226		46,880
Power Plant	169,952		180,401
Total cost of revenue	$	333,338	$	350,053
Gross margin
Distributed Generation
Residential
Solar power systems, components, others	$	20,569	$	23,299
Residential leasing	13,078		9,253
Commercial	7,015		2,183
Power Plant	10,875		56,083
Total gross margin	$	51,537	$	90,818