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SEC Filings
10-K
TERRAFORM POWER, INC. filed this Form 10-K on 07/21/2017
Entire Document
 

TERRAFORM POWER, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
(CONTINUED)


 
December 31, 2016
 
December 31, 2015
Liabilities, Redeemable Non-controlling Interests and Stockholders' Equity
 
 
 
Current liabilities:
 
 
 
Current portion of long-term debt and financing lease obligations, including consolidated VIEs of $594,442 and $980,069 in 2016 and 2015, respectively
$
2,212,968

 
$
2,037,919

Accounts payable, accrued expenses and other current liabilities
125,596

 
153,046

Deferred revenue
18,179

 
15,460

Due to SunEdison, net
16,692

 
26,598

Liabilities related to assets held for sale
21,798

 

Total current liabilities
2,395,233

 
2,233,023

Long-term debt and financing lease obligations, less current portion, including consolidated VIEs of $375,726 and $59,706 in 2016 and 2015, respectively
1,737,946

 
2,524,730

Deferred revenue, less current portion
55,793

 
70,492

Deferred income taxes
27,723

 
26,630

Asset retirement obligations, including consolidated VIEs of $92,213 and $101,532 in 2016 and 2015, respectively
148,575

 
215,146

Other long-term liabilities
31,470

 
31,408

Non-current liabilities related to assets held for sale
410,759

 

Total liabilities
4,807,499

 
5,101,429

 
 
 
 
Redeemable non-controlling interests
180,367

 
175,711

Stockholders' equity:
 
 
 
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, no shares issued

 

Class A common stock, $0.01 par value per share, 850,000,000 shares authorized, 92,476,776 and 79,734,265 shares issued in 2016 and 2015, respectively, and 92,223,089 and 79,612,533 shares outstanding in 2016 and 2015, respectively
920

 
784

Class B common stock, $0.01 par value per share, 140,000,000 shares authorized, 48,202,310 and 60,364,154 shares issued and outstanding in 2016 and 2015, respectively
482

 
604

Class B1 common stock, $0.01 par value per share, 260,000,000 shares authorized, no shares issued

 

Additional paid-in capital
1,467,108

 
1,267,484

Accumulated deficit
(234,440
)
 
(104,593
)
Accumulated other comprehensive income
22,912

 
22,900

Treasury stock, 253,687 and 121,732 shares in 2016 and 2015, respectively
(4,025
)
 
(2,436
)
Total TerraForm Power, Inc. stockholders' equity
1,252,957

 
1,184,743

Non-controlling interests
1,465,042

 
1,755,526

Total stockholders' equity
2,717,999

 
2,940,269

Total liabilities, redeemable non-controlling interests and stockholders' equity
$
7,705,865

 
$
8,217,409


See accompanying notes to consolidated financial statements.

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