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SEC Filings
10-K
TERRAFORM POWER, INC. filed this Form 10-K on 03/07/2018
Entire Document
 

Maturities

The aggregate contractual payments of long-term debt due after December 31, 2017, excluding financing lease obligations and amortization of debt discounts, premiums and deferred financing costs, as stated in the financing agreements, are as follows:
(In thousands)
20181
 
2019
 
2020
 
2021
 
2022
 
Thereafter
 
Total
Maturities of long-term debt as of December 31, 20172
$
152,745

 
$
91,404

 
$
96,087

 
$
99,278

 
$
591,032

 
$
2,496,183

 
$
3,526,729

———
(1)
Includes $60.0 million of New Revolver indebtedness, of which the Company repaid $42.0 million with cash on hand in the first quarter of 2018.
(2)
Represents the contractual principal payment due dates for the Company's long-term debt and does not reflect the reclassification of $200.3 million of long-term debt to current as a result of debt defaults under certain of the Company's non-recourse financing arrangements.

12. INCOME TAXES

The income tax provision consisted of the following:
(In thousands)
 
Current
 
Deferred
 
Total
Year ended December 31, 2017
 
 
 
 
 
 
U.S. federal
 
$
(45
)
 
$
(23,928
)
 
$
(23,973
)
State and local
 
95

 
(1,211
)
 
(1,116
)
Foreign
 
220

 
1,789

 
2,009

Total expense (benefit)
 
$
270

 
$
(23,350
)
 
$
(23,080
)
Tax expense in equity
 

 
14,081

 
14,081

Total
 
$
270

 
$
(9,269
)
 
$
(8,999
)
 
 
 
 
 
 
 
Year ended December 31, 2016
 
 
 
 
 
 
U.S. federal
 
$
66

 
$
(103
)
 
$
(37
)
State and local
 
53

 
(1,109
)
 
(1,056
)
Foreign
 

 
1,587

 
1,587

Total expense
 
$
119

 
$
375

 
$
494

Tax expense in equity
 

 
406

 
406

Total
 
$
119

 
$
781

 
$
900

 
 
 
 
 
 
 
Year ended December 31, 2015
 
 
 
 
 
 
U.S. federal
 
$
98

 
$
(12,507
)
 
$
(12,409
)
State and local
 

 
(1,182
)
 
(1,182
)
Foreign
 
158

 
192

 
350

Total expense (benefit)
 
$
256

 
$
(13,497
)
 
$
(13,241
)
Tax expense in equity
 

 
14,627

 
14,627

Total
 
$
256

 
$
1,130

 
$
1,386




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