Leasing (Tables)

3 Months Ended

Apr. 03, 2016

Leases [Abstract]

Schedule of property subject to or available for operating lease

The following table summarizes "Solar power systems leased and to be leased, net" under operating leases on the Company's Consolidated Balance Sheets as of April 3, 2016 and January 3, 2016:

	As of
(In thousands)	April 3, 2016			January 3, 2016
Solar power systems leased and to be leased, net1,2:
Solar power systems leased	$	573,628		$	543,358
Solar power systems to be leased	39,811			34,319
	613,439			577,677
Less: accumulated depreciation	(51,905		)	(46,157		)
	$	561,534		$	531,520

¹  Solar power systems leased and to be leased, net are physically located exclusively in the United States.

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.

Schedule of minimum future rental receipts on operating leases placed in service

The following table presents the Company's minimum future rental receipts on operating leases placed in service as of April 3, 2016:

(In thousands)	Fiscal 2016 (remaining nine months)		Fiscal 2017	Fiscal 2018	Fiscal 2019	Fiscal 2020	Thereafter	Total
Minimum future rentals on operating leases placed in service1	$	13,037	18,625	18,662	18,699	18,738	264,210	$	351,971

¹  Minimum future rentals on operating leases placed in service does not include contingent rentals that may be received from customers under agreements that include performance-based incentives nor does it include rent receivables on operating leases sold to the 8point3 Group.

Schedule of accounts, notes, loans and financing receivable

As of April 3, 2016 and January 3, 2016, the Company's net investment in sales-type leases presented in "Accounts receivable, net" and "Long-term financing receivables, net" on the Company's Consolidated Balance Sheets was as follows:

	As of
(In thousands)	April 3, 2016			January 3, 2016
Financing receivables1:
Minimum lease payments receivable2	$	416,559		$	366,759
Unguaranteed residual value	55,699			50,722
Unearned income	(79,385		)	(70,155		)
Net financing receivables	$	392,873		$	347,326
Current	$	14,071		$	12,535
Long-term	$	378,802		$	334,791

Schedule of future maturities of net financing receivables

As of April 3, 2016, future maturities of net financing receivables for sales-type leases are as follows:

(In thousands)	Fiscal 2016 (remaining nine months)		Fiscal 2017	Fiscal 2018	Fiscal 2019	Fiscal 2020	Thereafter	Total
Scheduled maturities of minimum lease payments receivable1	$	15,537	20,716	20,887	21,066	21,249	317,104	$	416,559

¹  Minimum future rentals on sales-type leases placed in service does not include contingent rentals that may be received from customers under agreements that include performance-based incentives.