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SEGMENT AND GEOGRAPHICAL INFORMATION
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION SEGMENT AND GEOGRAPHICAL INFORMATION
We determine operating segments based on how our chief operating decision maker (“CODM”) manages the business, including making operating decisions, deciding how to allocate resources and evaluating operating performance. Our CODM is our Chief Executive Officer who reviews our operating results on a consolidated basis. We operate in a single operating segment and a single reportable segment based on the operating results available and evaluated regularly by our CODM to make decisions about resource allocation and assess performance. The following table summarizes the allocation of net revenue based on geography:
Fiscal Year
(In thousands)202320222021
United States(1)
$645,112 $427,111 $227,499 
France70,388 80,872 88,454 
Italy
139,506 126,195 83,957 
Rest of world(2)
268,104 425,935 383,369 
Total revenue
$1,123,110 $1,060,113 $783,279 
(1)During fiscal years 2023, 2022 and 2021, we had sales of $206.0 million, $283.3 million and $225.9 million, respectively, to SunPower representing the sale of solar modules to SunPower. The pricing term is based on the governing supply agreement with SunPower for the respective period.
(2)Revenue included under “Rest of the world” comprise of countries that are individually less than 10% for the periods presented.
Revenues are attributed primarily based on the destination of the shipments.
The following table summarizes the allocation of net property, plant, and equipment based on geography:
As of
(In thousands)December 31, 2023January 1, 2023
Malaysia$133,119 $227,656 
Mexico
72,572 82,056 
Philippines
59,485 60,216 
Europe30 3,372 
Singapore11,857 4,519 
United States2,905 2,628 
Rest of world57 21 
Property, plant, and equipment, net, by geography$280,025 $380,468 
Long-lived assets are attributed based upon the country in which the asset is located or owned.