XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases | 3 Months Ended
--- | ---
Jan. 31, 2021
Leases [Abstract] |
Leases | Note 11. Leases The Company enters into operating and finance lease agreements for the use of real estate, vehicles, information technology equipment, and certain other equipment. We determine if an arrangement contains a lease at inception, which is the date on which the terms of the contract are agreed to and the agreement creates enforceable rights and obligations. Operating leases are included in Operating lease right-of-use assets, net, Operating lease liabilities, and Long-term operating lease liabilities in the Company’s Consolidated Balance Sheet. Finance leases are not considered significant to the Company’s Consolidated Balance Sheet or Consolidated Statement of Operations and Comprehensive Loss. Finance lease ROU assets at January 31, 2021 and October 31, 2020 of $0.03 million and $0.04 million, respectively, are included in Property, plant and equipment, net in the Company’s consolidated balance sheet. Finance lease liabilities at January 31, 2021 and October 31, 2020 of $0.02 million and $0.04 million, respectively, are included in Current portion of long-term debt and Long-term debt and other liabilities in the Company’s Consolidated Balance Sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the present value of the Company’s obligation to make lease payments arising from the lease over the lease term at the commencement date of the lease. As most of the Company’s leases do not provide an implicit rate, the Company estimated the incremental borrowing rate based on the information available at the date of adoption in determining the present value of lease payments and used the implicit rate when readily determinable. The Company determined incremental borrowing rates through market sources for secured borrowings including relevant industry rates. The Company’s operating lease ROU assets also include any lease pre-payments and exclude lease incentives. Certain of the Company’s leases include variable payments, which may vary based upon changes in facts or circumstances after the start of the lease. The Company excludes variable payments from lease ROU assets and lease liabilities, to the extent not considered in-substance fixed, and instead, expenses variable payments as incurred. Variable lease expense and lease expense for short term contracts are not material components of lease expense. The Company’s leases generally have remaining lease terms of 1 to 26 years, some of which include options to extend leases. The exercise of lease renewal options is at the Company’s sole discretion and the Company’s lease ROU assets and liabilities reflect only the options the Company is reasonably certain that it will exercise. We do not have leases with residual value guarantees or similar covenants. Operating lease expense for the three months ended January 31, 2021 and 2020 was $0.4 million and $0.2 million, respectively. As of January 31, 2021, the weighted average remaining lease term (in years) was approximately 20 years and the weighted average discount rate was 7.5%. Lease payments made during the three months ended January 31, 2021 and 2020 were $0.3 million and $0.2 million, respectively. Undiscounted maturities of operating lease and finance lease liabilities are as follows:
|  | Operating Leases |  |  | Finance Leases |
Due Year 1 |  | $ | 1,244 |  |  | $ | 21 |
Due Year 2 |  |  | 1,425 |  |  |  | 3 |
Due Year 3 |  |  | 898 |  |  |  | — |
Due Year 4 |  |  | 740 |  |  |  | — |
Due Year 5 |  |  | 712 |  |  |  | — |
Thereafter |  |  | 14,684 |  |  |  | — |
Total undiscounted lease payments |  |  | 19,703 |  |  |  | 24 |
Less imputed interest |  |  | (10,421 | ) |  |  | (1 | )
Total discounted lease payments |  | $ | 9,282 |  |  | $ | 23 |

X
- Definition Lessee operating and finance leases. + References No definition available. + Details
Name: | fcel_LesseeOperatingAndFinanceLeasesDisclosureTextBlock
Namespace Prefix: | fcel_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration