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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2013
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE

16. EARNINGS PER SHARE

 

The calculation of earnings per share is as follows:

 

    Year ended December 31,  
    2011     2012     2013  
Numerator used in basic and diluted earnings per share:                        
Net income (loss) attributable to Daqo New Energy Corp. ordinary shareholders-basic and diluted   $ 33,323,952     $ (111,928,891 )   $ (70,943,484 )
Denominator used in basic and diluted earnings per share:                        
Share options     -       -       -  
Weighted average number of ordinary shares outstanding used in computing earnings per share-basic and diluted     175,714,103       175,067,343       173,068,420  
NET INCOME (LOSS) ATTRIBUTABLE TO DAQO NEW ENERGY CORP. PER ORDINARY SHARE-Basic and Diluted   $ 0.19     $ (0.64 )   $ (0.41 )

  

Outstanding employee options totaling of 6,805,000, 7,179,500 and 6,371,250 were excluded from the computation of diluted earnings per share as their effects would have been anti-dilutive for the year ended December 31, 2011, 2012 and 2013, respectively.