v3.20.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Revenue $ 210,731 $ 194,504
Operating expenses:    
Sales and marketing 70,270 55,953
Research and development 4,046 5,474
General and administrative 28,074 29,063
Amortization of intangible assets 1,483 893
Total operating expenses 273,748 238,675
Loss from operations (63,017) (44,171)
Interest expense, net 49,924 41,340
Other (income) expenses, net (50) 4,756
Loss before income taxes (112,891) (90,267)
Income tax benefit (3,342) (3,361)
Net loss (109,549) (86,906)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (81,590) (73,044)
Net loss attributable to common stockholders $ (27,959) $ (13,862)
Net loss per share attributable to common stockholders    
Basic (in dollars per share) $ (0.23) $ (0.12)
Diluted (in dollars per share) $ (0.23) $ (0.12)
Weighted average shares used to compute net loss per share attributable to common stockholders    
Basic (in shares) 119,220 113,912
Diluted (in shares) 119,220 113,912
Customer agreements and incentives    
Revenue:    
Customer agreements and incentives $ 99,124 $ 99,850
Operating expenses:    
Costs 78,277 69,493
Solar energy systems and product sales    
Revenue:    
Revenue 111,607 94,654
Operating expenses:    
Costs $ 91,598 $ 77,799

Source