Transactions With Total and Total Energies SE (Tables)

3 Months Ended

Apr. 03, 2022

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

The following are balances and transactions entered into with Total and its affiliates.

	As of
(In thousands)	April 3, 2022		January 2, 2022
Accounts receivable	$	489	$	238

	Three Months Ended
(In thousands)	April 3, 2022		April 4, 2021
Interest expense:
Interest expense incurred on the 4.00% debentures due 2023	$	1,000	$	1,000

Related-party transactions and balances with SunStrong and SunStrong Partners are as follows:

	As of
(In thousands)	April 3, 2022		January 2, 2022
Accounts receivable	$	25,982	$	28,900
Accrued liabilities	53		53
Contract liabilities	29,426		17,442

	Three Months Ended
(In thousands)	April 3, 2022		April 4, 2021
Revenues and fees received from investees for products/services	$	45,520	$	49,647

The below table summarizes our transactions with Maxeon Solar for the three months ended April 3, 2022:

	Three Months Ended
(In thousands)	April 3, 2022		April 4, 2021
Purchases of photo-voltaic modules (recorded in cost of revenues)	$	72,459	$	58,154
Research and development expenses reimbursement received	$	9,474	$	9,373
Income (expense) from transition services agreement, net	$	(266)	$	3,087

We had the following balances related to transactions with Maxeon Solar as of April 3, 2022:

	As of
(In thousands)	April 3, 2022		January 2, 2022
Prepaid and other current assets	$	995	$	1,928
Accrued liabilities	$	8,567	$	7,493
Accounts payable	$	30,834	$	27,724
Other long-term liabilities	$	1,458	$	1,458