Revenue from Contracts with Customers (Tables)

6 Months Ended

Jul. 03, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table represents disaggregated revenue from contracts with customers for the three and six months ended July 3, 2022 and July 4, 2021:

	Three Months Ended				Six Months Ended
(In thousands)	July 3, 2022		July 4, 2021		July 3, 2022		July 4, 2021
Solar power systems sales	$	320,294	$	172,837	$	591,938	$	339,164
Component sales	74,542		56,656		134,419		107,388
Light commercial sales	24,569		19,107		38,765		34,825
Services and other1	(1,633)		12,151		2,927		19,510
Total revenues	$	417,772	$	260,751	$	768,049	$	500,887

1 The reduction in “services and other” revenue for the three months ended July 3, 2022 was due to the reversal of variable consideration on two of our legacy large power plant projects that we sold in fiscal 2018 and 2019.

Schedule of Contract Asset and Contract Liability

Total contract assets and contract liabilities balances as of the respective dates are as follows:

	As of
(In thousands)	July 3, 2022		January 2, 2022
Contract assets	$	34,051	$	31,925
Contract liabilities	121,452		80,990