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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Calculation of Earnings Per Share
The calculation of earnings (loss) per share is as follows:
 
 
 
Year ended December 31,
 
 
 
2016
 
 
2017
 
 
2018
 
Numerator used in basic and diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to Daqo New Energy Corp. ordinary shareholders from continuing operations
 
$
40,783,165
 
 
$
96,929,053
 
 
$
61,429,750
 
Income (loss) from discontinued operations, net of tax
 
 
2,710,591
 
 
 
(4,087,925
)
 
 
(23,305,045
)
Net income attributable to Daqo New Energy Corp. ordinary shareholders—basic and diluted
 
$
43,493,756
 
 
$
92,841,128
 
 
$
38,124,705
 
Denominator used in basic and diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of ordinary shares outstanding used in computing earnings per share-basic
 
 
261,742,244
 
 
 
265,070,961
 
 
 
311,715,158
 
Plus: Dilutive effects of share options
 
 
3,075,511
 
 
 
6,020,839
 
 
 
6,346,349
 
         Dilutive effects of RSUs
 
 
-
 
 
 
1,834,519
 
 
 
7,444,828
 
Weighted average number of ordinary shares outstanding used in computing earnings per share—diluted
 
 
264,817,755
 
 
 
272,926,319
 
 
 
325,506,335
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share-continuing operations
 
$
0.16
 
 
$
0.37
 
 
$
0.19
 
Basic earnings (loss) per share-discontinued operations
 
$
0.01
 
 
$
(0.02
)
 
$
(0.07
)
NET INCOME ATTRIBUTABLE TO DAQO NEW ENERGY CORP. PER ORDINARY SHARE—Basic
 
$
0.17
 
 
$
0.35
 
 
$
0.12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share-continuing operations
 
$
0.15
 
 
$
0.35
 
 
$
0.19
 
Diluted earnings (loss) per share-discontinued operations
 
$
0.01
 
 
$
(0.01
)
 
$
(0.07
)
NET INCOME ATTRIBUTABLE TO DAQO NEW ENERGY CORP. PER ORDINARY SHARE—Diluted
 
$
0.16
 
 
$
0.34
 
 
$
0.12