| Summary of Disaggregation of Revenue |
The following table presents our revenue disaggregated by line of business and reportable segment for the year ended December 31, 2021:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US Regions |
|
U.S. Federal |
|
Canada |
|
Non-Solar DG |
|
All Other |
|
Total |
| Project revenue |
|
$ |
463,173 |
|
|
$ |
340,686 |
|
|
$ |
36,755 |
|
|
$ |
25,377 |
|
|
$ |
37,969 |
|
|
$ |
903,960 |
|
| O&M revenue |
|
21,117 |
|
|
47,072 |
|
|
71 |
|
|
9,724 |
|
|
629 |
|
|
78,613 |
|
| Energy assets |
|
39,533 |
|
|
4,913 |
|
|
4,529 |
|
|
101,804 |
|
|
472 |
|
|
151,251 |
|
| Integrated-PV |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
41,202 |
|
|
41,202 |
|
| Other |
|
4,470 |
|
|
277 |
|
|
8,102 |
|
|
338 |
|
|
27,484 |
|
|
40,671 |
|
| Total revenues |
|
$ |
528,293 |
|
|
$ |
392,948 |
|
|
$ |
49,457 |
|
|
$ |
137,243 |
|
|
$ |
107,756 |
|
|
$ |
1,215,697 |
|
The following table presents our revenue disaggregated by line of business and reportable segment for the year ended December 31, 2020:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US Regions |
|
U.S. Federal |
|
Canada |
|
Non-Solar DG |
|
All Other |
|
Total |
| Project revenue |
|
$ |
347,137 |
|
|
$ |
327,626 |
|
|
$ |
36,708 |
|
|
$ |
21,883 |
|
|
$ |
31,252 |
|
|
$ |
764,606 |
|
| O&M revenue |
|
18,209 |
|
|
45,423 |
|
|
169 |
|
|
8,261 |
|
|
300 |
|
|
72,362 |
|
| Energy assets |
|
34,403 |
|
|
4,358 |
|
|
4,075 |
|
|
75,150 |
|
|
211 |
|
|
118,197 |
|
| Integrated-PV |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
39,112 |
|
|
39,112 |
|
| Other |
|
4,403 |
|
|
475 |
|
|
6,845 |
|
|
1,123 |
|
|
25,152 |
|
|
37,998 |
|
| Total revenues |
|
$ |
404,152 |
|
|
$ |
377,882 |
|
|
$ |
47,797 |
|
|
$ |
106,417 |
|
|
$ |
96,027 |
|
|
$ |
1,032,275 |
|
The following table presents our revenue disaggregated by line of business and reportable segment for the year ended December 31, 2019:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US Regions |
|
U.S. Federal |
|
Canada |
|
Non-Solar DG |
|
All Other |
|
Total |
| Project revenue |
|
$ |
321,973 |
|
|
$ |
240,656 |
|
|
$ |
27,995 |
|
|
$ |
9,221 |
|
|
$ |
11,219 |
|
|
$ |
611,064 |
|
| O&M revenue |
|
15,753 |
|
|
41,599 |
|
|
5 |
|
|
9,183 |
|
|
169 |
|
|
66,709 |
|
| Energy assets |
|
25,719 |
|
|
3,652 |
|
|
3,306 |
|
|
65,365 |
|
|
— |
|
|
98,042 |
|
| Integrated-PV |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
47,953 |
|
|
47,953 |
|
| Other |
|
5,803 |
|
|
1,519 |
|
|
6,613 |
|
|
914 |
|
|
28,316 |
|
|
43,165 |
|
| Total revenues |
|
$ |
369,248 |
|
|
$ |
287,426 |
|
|
$ |
37,919 |
|
|
$ |
84,683 |
|
|
$ |
87,657 |
|
|
$ |
866,933 |
|
See Note 16 for our revenue disaggregated by geographical region.
The following table presents information related to our revenue recognized over time:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2021 |
|
2020 |
|
2019 |
| Percentage of revenue recognized over time |
|
94 |
% |
|
94 |
% |
|
92 |
% |
|
| Summary of Contract Balances |
The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers:
|
|
|
|
|
|
|
|
|
|
|
|
| |
December 31, 2021 |
|
December 31, 2020 |
| Accounts receivable, net |
$ |
161,970 |
|
|
$ |
125,010 |
|
| Accounts receivable retainage |
43,067 |
|
|
30,189 |
|
| Contract Assets |
|
|
|
| Costs and estimated earnings in excess of billings |
306,172 |
|
|
185,960 |
|
| Contract Liabilities |
|
|
|
| Billings in excess of cost and estimated earnings |
35,918 |
|
|
33,984 |
|
Billings in excess of cost and estimated earnings, non-current (1)
|
6,481 |
|
|
6,631 |
|
| Total contract liabilities |
$ |
42,399 |
|
|
$ |
40,615 |
|
|
| (1) Performance obligations that are expected to be completed beyond the next twelve months and are included in other liabilities in the consolidated balance sheets. |
|