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SEGMENT AND GEOGRAPHICAL INFORMATION
12 Months Ended
Jan. 02, 2022
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION SEGMENT AND GEOGRAPHICAL INFORMATION
We determine operating segments based on how our chief operating decision maker (“CODM”) manages the business, including making operating decisions, deciding how to allocate resources and evaluating operating performance. Our CODM is our Chief Executive Officer who reviews our operating results on a consolidated basis. We operate in a single operating segment and a single reportable segment based on the operating results available and evaluated regularly by our CODM to make decisions about resource allocation and assess performance. The following table summarizes the allocation of net revenue based on geography:
Fiscal Year
(In thousands)202120202019
United States(1)
$227,499 $235,606 $433,293 
France88,454 125,366 138,423 
China25,519 12,496 119,010 
Italy
83,957 41,882 41,126 
Rest of world(2)
357,850 429,486 466,449 
Total revenue
$783,279 $844,836 $1,198,301 
(1)During fiscal years 2021, 2020 and 2019, we had sales of $225.9 million, $231.2 million and $426.5 million, respectively, to SunPower representing the sale of solar modules to SunPower. The pricing term prior to the
Spin-off was made at transfer prices determined based on management’s assessment of market-based pricing terms. Subsequent to the Spin-off, pricing is based on the Supply Agreement with SunPower.
(2)Revenue included under “Rest of the world” comprise of countries that are individually less than 10% for the periods presented.
Revenues are attributed primarily based on the destination of the shipments.
The following table summarizes the allocation of net property, plant, and equipment based on geography:
As of
(In thousands)January 2, 2022January 3, 2021
Malaysia$240,711 $139,421 
Philippines69,740 79,506 
Mexico67,208 17,792 
Europe6,714 8,896 
Singapore1,314 24 
United States933 1,266 
Rest of world10 
Property, plant, and equipment, net, by geography$386,630 $246,908 
Long-lived assets are attributed based upon the country in which the asset is located or owned.