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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 STATEMENTS OF STOCKHOLDERS' EQUITY
(In thousands)


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-controlling Interests
 
 
 
Net SunEdison Investment
 
Class A Common Stock Issued
 
Class B Common Stock Issued
 
Class B1 Common Stock Issued
 
Additional Paid-in Capital
 
Accumulated Deficit
 
Accumulated Other Comprehensive Loss
 
 
 
 
 
Accumulated Deficit
 
Accumulated Other Comprehensive Loss
 
 
 
Total Equity
 
 
Shares
 
Amount
 
Shares
 
Amount
 
Shares
 
Amount
 
 
 
 
Total
 
Capital
 
 
 
Total
 
Balance as of December 31, 2013
$
2,674

 

 
$

 

 
$

 

 
$

 
$

 
$

 
$

 
$
2,674

 
$
12,778

 
$

 
$

 
$
12,778

 
$
15,452

Net SunEdison investment
418,388

 

 

 

 

 

 

 

 

 

 
418,388

 

 

 

 

 
418,388

Issuance of Class B common stock to SunEdison at formation
(657
)
 

 

 
65,709

 
657

 

 

 

 

 

 

 

 

 

 

 

Additions to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 
222,388

 

 

 
222,388

 
222,388

Issuance of restricted Class A common stock

 
4,977

 
14

 

 

 

 

 
(14
)
 

 

 

 

 

 

 

 

Stock-based compensation

 

 

 

 

 

 

 
566

 

 

 
566

 

 

 

 

 
566

Net loss
(10,357
)
 

 

 

 

 

 

 

 

 

 
(10,357
)
 

 
643

 

 
643

 
(9,714
)
Pre-acquisition net loss of renewable energy facilities acquired from SunEdison
(798
)
 

 

 

 

 

 

 

 

 

 
(798
)
 

 

 

 

 
(798
)
Balance as of July 23, 2014
$
409,250

 
4,977

 
$
14

 
65,709

 
$
657

 

 
$

 
$
552

 
$

 
$

 
$
410,473

 
$
235,166

 
$
643

 
$

 
$
235,809

 
$
646,282

Write-off U.S. deferred tax assets and liabilities at IPO
3,616

 

 

 

 

 

 

 

 

 

 
3,616

 

 

 

 

 
3,616

Issuance of Class B common stock to SunEdison at IPO
(58
)
 

 

 
5,840

 
58

 

 

 

 

 

 

 

 

 

 

 

Issuance of Class B membership units in TerraForm LLC to SunEdison at IPO
(412,808
)
 

 

 

 

 

 

 
(222,155
)
 

 

 
(634,963
)
 
634,963

 

 

 
634,963

 

Issuance of class B1 common stock to Riverstone at IPO

 

 

 

 

 
5,840

 
58

 
145,942

 

 

 
146,000

 
(146,000
)
 

 

 
(146,000
)
 

Issuance of Class B1 membership units in TerraForm LLC to Riverstone at IPO

 

 

 

 

 

 

 
(57,633
)
 

 

 
(57,633
)
 
57,633

 

 

 
57,633

 

Issuance and forfeiture of Class A common stock

 
37,241

 
373

 
(7,023
)
 
(70
)
 

 

 
770,118

 

 

 
770,421

 

 

 

 

 
770,421

Dividends

 

 

 

 

 

 

 
(7,249
)
 

 

 
(7,249
)
 

 

 

 

 
(7,249
)
Stock-based compensation

 

 

 

 

 

 

 
5,221

 

 

 
5,221

 

 

 

 

 
5,221

Net loss

 

 

 

 

 

 

 

 
(25,617
)
 

 
(25,617
)
 

 
(45,094
)
 

 
(45,094
)
 
(70,711
)
Pre-acquisition net loss of renewable energy facilities acquired from SunEdison

 

 

 

 

 

 

 

 
(700
)
 

 
(700
)
 

 

 

 

 
(700
)
Net SunEdison investment

 

 

 

 

 

 

 
2,569

 

 

 
2,569

 
3,987

 

 

 
3,987

 
6,556

Other comprehensive loss

 

 

 

 

 

 

 

 

 
(1,637
)
 
(1,637
)
 

 

 
(3,829
)
 
(3,829
)
 
(5,466
)
Additions to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 
169,274

 

 

 
169,274

 
169,274

Distributions to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 
(1,323
)
 

 

 
(1,323
)
 
(1,323
)
Equity reallocation

 

 

 

 

 

 

 
(139,109
)
 

 

 
(139,109
)
 
139,109

 

 

 
139,109

 

Balance as of December 31, 2014
$

 
42,218

 
$
387

 
64,526

 
$
645

 
5,840

 
$
58

 
$
498,256

 
$
(26,317
)
 
$
(1,637
)
 
$
471,392

 
$
1,092,809

 
$
(44,451
)
 
$
(3,829
)
 
$
1,044,529

 
$
1,515,921


See accompanying notes to consolidated financial statements.

143