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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2015
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE

17. EARNINGS PER SHARE

 

The calculation of earnings per share is as follows:

 

  Year ended December 31,
  2013   2014     2015  
Numerator used in basic and diluted earnings per share:                        
Net (loss) income attributable to Daqo New Energy Corp. ordinary shareholders—basic and diluted   $ (70,943,484 )    $ 16,649,176     $ 12,956,889  
Denominator used in basic and diluted earnings per share:                        
Weighted average number of ordinary shares outstanding used in computing earnings per share—basic 173,068,420 206,349,976 258,015,851
Plus: share options     —       5,003,667       3,396,082  
Weighted average number of ordinary shares outstanding used in computing earnings per share—diluted     173,068,420       211,353,643       261,411,933  
NET (LOSS) INCOME ATTRIBUTABLE TO DAQO NEW ENERGY CORP. PER ORDINARY SHARE—Basic   $ (0.41 )    $ 0.08     $ 0.05  
NET (LOSS) INCOME ATTRIBUTABLE TO DAQO NEW ENERGY CORP. PER ORDINARY SHARE—Diluted $ (0.41 )
0.08
0.05

  

Outstanding employee options totaling of 6,371,250, 6,154,166 and 12,563,541 were excluded from the computation of diluted earnings per share as their effects would have been anti-dilutive for the year ended December 31, 2013, 2014 and 2015, respectively.