Segment and Geographical Information (Tables)

6 Months Ended

Jun. 28, 2020

Segment Reporting [Abstract]

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated

The following tables present segment results for the three months and six months ended June 28, 2020 and June 30, 2019 for revenue, gross margin, and adjusted EBITDA, each as reviewed by the CODM, and their reconciliation to our condensed consolidated GAAP results, as well as information about significant customers and revenue by geography based on the destination of the shipments, and property, plant and equipment, net by segment.

	Three Months Ended
	June 28, 2020				June 30, 2019
(In thousands):	SunPower Energy Services		SunPower Technologies		SunPower Energy Services		SunPower Technologies
Revenue from external customers:
Channels	$	160,305	$	—	$	200,589	$	—
North America Commercial	48,183		—		44,149		—
Operations and maintenance	9,397		—		12,602		—
Module sales	—		137,760		—		211,751
Development services and legacy power plant	—		(2,731)		—		12,781
Intersegment revenue	—		35,406		—		90,416
Total segment revenue as reviewed by CODM	$	217,885	$	170,435	$	257,340	$	314,948
Segment gross profit as reviewed by CODM	$	38,526	$	(4,701)	$	24,114	$	24,469
Adjusted EBITDA	$	13,632	$	(17,574)	$	2,342	$	11,700

	Six Months Ended
	June 28, 2020				June 30, 2019
(In thousands):	SunPower Energy Services		SunPower Technologies		SunPower Energy Services		SunPower Technologies
Revenue from external customers:
Channels	$	392,446	$	—	$	387,298	$	—
North America Commercial	96,233		—		89,212		—
Operations and maintenance	24,467		—		22,555		—
Module sales	—		301,821		—		380,691
Development services and legacy power plant	—		(7,678)		—		13,675
Intersegment revenue	—		124,281		—		151,216
Total segment revenue as reviewed by CODM	$	513,146	$	418,424	$	499,065	$	545,582
Segment gross profit as reviewed by CODM	$	73,800	$	8,226	$	41,987	$	23,611
Adjusted EBITDA	$	18,114	$	(14,927)	$	(11,569)	$	3,200

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Reconciliation of Segment Revenue to Condensed Consolidated GAAP Revenue	Three Months Ended				Six Months Ended
(In thousands):	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Total segment revenue as reviewed by CODM	$	388,320	$	572,288	$	931,570	$	1,044,647
Adjustments to segment revenue:
Intersegment elimination	(35,406)		(90,416)		(124,281)		(151,216)
Legacy utility and power plant projects	—		23		207		194
Construction revenue on solar services contracts	—		(45,614)		(5,392)		(109,119)
Condensed consolidated GAAP revenue	$	352,914	$	436,281	$	802,104	$	784,506

Reconciliation of Segment Gross Profit to Condensed Consolidated GAAP Gross Profit (Loss)	Three Months Ended				Six Months Ended
(In thousands):	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Segment gross profit	$	33,825	$	48,583	$	82,026	$	65,598
Adjustments to segment gross profit:
Intersegment elimination	628		2,157		9,391		9,793
Legacy utility and power plant projects	—		(884)		34		(1,000)
Business process improvements	(793)		—		(3,257)		—
Legacy sale-leaseback transactions	—		3,684		(20)		4,507
Construction revenue on solar services contracts	—		(5,506)		(4,735)		(16,892)
Gain on sale and impairment of residential lease assets	458		632		906		757
Cost of above-market polysilicon	(9,569)		(25,950)		(19,612)		(75,378)
Litigation	—		—		163		—
Stock-based compensation expense	(1,175)		(1,133)		(2,284)		(1,301)
Amortization of intangible assets	(1,783)		(1,783)		(3,568)		(3,569)
Business reorganization costs	7		—		2		—
Condensed consolidated GAAP gross profit (loss)	$	21,598	$	19,800	$	59,046	$	(17,485)

Reconciliation of Segments EBITDA to Loss before income taxes and equity in losses of unconsolidated investees	Three Months Ended				Six Months Ended
(In thousands):	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Segment adjusted EBITDA	$	(3,942)	14,042		$	3,187	$	(8,369)
Adjustments to segment adjusted EBITDA:
Legacy utility and power plant projects	—		(884)		34		(1,000)
Business process improvements	(793)		—		(3,257)		—
Legacy sale-leaseback transactions	—		(1,025)		(20)		(5,936)
Mark-to-market gain on equity investments	71,060		67,500		118,931		100,500
Construction revenue on solar services contracts	—		6,398		(4,735)		10,138
Loss (gain) on sale and impairment of residential lease assets	317		(15,554)		1,039		(23,867)
Cost of above-market polysilicon	(9,569)		(25,950)		(19,612)		(75,378)
Stock-based compensation expense	(5,879)		(6,270)		(12,746)		(11,936)
Amortization of intangible assets	(1,784)		(1,783)		(3,570)		(3,569)
Gain on business divestiture	10,529		137,286		10,529		143,400
Transaction-related costs	(2,382)		(1,173)		(2,863)		(2,595)
Litigation	—		—		(321)		—
Business reorganization costs	(2,861)		(4,156)		(9,054)		(6,805)
Restructuring charges	(1,259)		(2,453)		(2,835)		(1,788)
Gain on convertible notes repurchased	—		—		2,956
Non-cash interest expense	—		(10)		—		(20)
Equity in losses of unconsolidated investees	889		1,963		644		283
Net loss attributable to noncontrolling interests	(980)		(11,385)		(1,687)		(26,226)
Cash interest expense, net of interest income	(10,030)		(11,148)		(20,163)		(21,354)
Depreciation and amortization	(15,954)		(21,286)		(31,850)		(40,467)
Corporate	(5,007)		(6,007)		(2,766)		(7,354)
Income before income taxes and equity in loss of unconsolidated investees	$	22,355	$	118,105	$	21,841	$	17,657

Revenue from External Customers by Geographic Areas

	Three Months Ended				Six Months Ended
(As a percentage of total revenue):	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Revenue by geography:
United States	62	%	48	%	63	%	49	%
France	6	%	11	%	6	%	11	%
Rest of World	32	%	41	%	31	%	40	%
	100	%	100	%	100	%	100	%