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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Revenue:        
Revenue $ 352,914 $ 436,281 $ 802,104 $ 784,506
Cost of revenue:        
Cost of Revenue 331,316 416,481 743,058 801,991
Gross profit (loss) 21,598 19,800 59,046 (17,485)
Operating expenses:        
Research and development 12,335 [1] 18,159 27,973 33,152
Sales, general and administrative 55,967 61,978 121,925 124,835
Restructuring charges 1,259 2,453 2,835 1,788
(Gain) loss on sale and impairment of residential lease assets 141 8,301 (133) 17,527
Gain on business divestiture (10,458) (137,286) (10,458) (143,400)
Total operating expenses (income) 59,244 (46,395) 142,142 33,902
Operating income (loss) (37,646) 66,195 (83,096) (51,387)
Other income (expense), net:        
Interest income 174 566 578 1,418
Interest expense (10,205) [1] (16,424) (20,742) (33,215)
Other, net 70,032 67,768 125,101 100,841
Other income, net 60,001 51,910 104,937 69,044
Income before income taxes and equity in earnings of unconsolidated investees 22,355 118,105 21,841 17,657
Provision for income taxes (3,068) (6,068) (4,937) (11,865)
Equity in losses of unconsolidated investees (889) (1,963) (644) (283)
Net income 18,398 110,074 16,260 5,509
Net income attributable to noncontrolling interests and redeemable noncontrolling interests 980 11,385 1,687 26,226
Net income attributable to stockholders $ 19,378 $ 121,459 $ 17,947 $ 31,735
Net income per share attributable to stockholders:        
Basic (usd per share) $ 0.11 $ 0.85 $ 0.11 $ 0.22
Diluted (usd per share) $ 0.11 $ 0.75 $ 0.10 $ 0.22
Weighted-average shares:        
Basic (shares) 170,003 142,471 169,413 142,095
Diluted (shares) 178,118 166,837 170,971 143,062
Solar power systems, components, and other        
Revenue:        
Revenue $ 347,655 $ 426,841 $ 791,588 $ 768,283
Cost of revenue:        
Cost of Revenue 329,169 412,383 738,186 793,289
Residential leasing        
Revenue:        
Revenue 1,329 1,676 2,653 5,560
Cost of revenue:        
Cost of Revenue 1,217 1,350 2,513 4,372
Solar services        
Revenue:        
Revenue 3,930 7,764 7,863 10,663
Cost of revenue:        
Cost of Revenue $ 930 $ 2,748 $ 2,359 $ 4,330
[1] We have related-party transactions with Total SE and its affiliates as well as unconsolidated entities in which we have a direct equity investment. These related-party transactions are recorded within the "revenue: solar power systems, components, and other," "cost of revenue: solar power systems, components, and other," "operating expenses: research and development," and "other income (expense), net: interest expense" financial statement line items in our condensed consolidated statements of operations (see Note 2 and Note 10).