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16. Segment Reporting (Notes) | 9 Months Ended
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Sep. 30, 2024
Segment Reporting Information, Profit (Loss) [Abstract] |
Segment Reporting | 16. Segment Reporting Our primary segment is our modules business, which involves the design, manufacture, and sale of cadmium telluride (“CdTe”) solar modules, which convert sunlight into electricity. Third-party customers of our modules segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. Our residual business operations include certain project development activities, O&M services, the results of operations from PV solar power systems we owned and operated in certain international regions, and the sale of such systems to third-party customers. See Note 21. “Segment and Geographical Information” in our Annual Report on Form 10-K for the year ended December 31, 2023 for additional discussion of our segment reporting. The following tables provide a reconciliation of certain financial information for our reportable segment to information presented in our condensed consolidated financial statements for the three and nine months ended September 30, 2024 and 2023 and as of September 30, 2024 and December 31, 2023 (in thousands):
|  | Three Months Ended September 30, 2024 |  | Three Months Ended September 30, 2023
|  | Modules |  | Other |  | Total |  | Modules |  | Other |  | Total
Net sales |  | $ | 886,655 |  |  | $ | 1,013 |  |  | $ | 887,668 |  |  | $ | 800,393 |  |  | $ | 697 |  |  | $ | 801,090 |
Gross profit (loss) |  | 448,381 |  |  | (3,070) |  |  | 445,311 |  |  | 367,359 |  |  | 8,816 |  |  | 376,175 |
Depreciation and amortization expense |  | 92,552 |  |  | 3 |  |  | 92,555 |  |  | 76,991 |  |  | 2 |  |  | 76,993 |
|  | Nine Months Ended September 30, 2024 |  | Nine Months Ended September 30, 2023
|  | Modules |  | Other |  | Total |  | Modules |  | Other |  | Total
Net sales |  | $ | 2,688,854 |  |  | $ | 3,404 |  |  | $ | 2,692,258 |  |  | $ | 2,139,220 |  |  | $ | 20,829 |  |  | $ | 2,160,049 |
Gross profit (loss) |  | 1,292,882 |  |  | (2,679) |  |  | 1,290,203 |  |  | 776,170 |  |  | 22,476 |  |  | 798,646 |
Depreciation and amortization expense |  | 260,046 |  |  | 9 |  |  | 260,055 |  |  | 211,161 |  |  | 6 |  |  | 211,167 |
|  | September 30, 2024 |  | December 31, 2023
|  | Modules |  | Other |  | Total |  | Modules |  | Other |  | Total
Goodwill |  | $ | 29,585 |  |  | $ | — |  |  | $ | 29,585 |  |  | $ | 29,687 |  |  | $ | — |  |  | $ | 29,687 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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