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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2022
EARNINGS PER SHARE |
EARNINGS PER SHARE | 13. EARNINGS PER SHARE The calculation of earnings per share is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Numerator used in basic and diluted earnings per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Daqo New Energy Corp. ordinary shareholders from continuing operations—basic | ​ | $ | 129,336 | ​ | $ | 748,924 | ​ | $ | 1,819,801
Loss attributable to Daqo New Energy Corp. ordinary shareholders from discontinued operations, net of tax | ​ |  | (141) | ​ | ​ | — | ​ | ​ | —
Net income attributable to Daqo New Energy Corp. ordinary shareholders—basic | ​ | $ | 129,195 | ​ | $ | 748,924 | ​ | $ | 1,819,801
Diluted earnings from the subsidiary | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (15,432)
Net income attributable to Daqo New Energy Corp. ordinary shareholders—diluted | ​ | $ | 129,195 | ​ | $ | 748,924 | ​ | $ | 1,804,369
Denominator used in diluted earnings per share: | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average number of ordinary shares outstanding used in computing earnings per share-basic | ​ |  | 355,087,013 | ​ | ​ | 369,341,105 | ​ | ​ | 379,365,310
Plus: Dilutive effects of share options | ​ |  | 4,421,397 | ​ | ​ | 1,735,798 | ​ | ​ | 885,140
Dilutive effects of RSUs | ​ | ​ | 15,508,740 | ​ | ​ | 12,689,503 | ​ | ​ | 6,209,391
Weighted average number of ordinary shares outstanding used in computing earnings per share—diluted | ​ | ​ | 375,017,150 | ​ | ​ | 383,766,406 | ​ | ​ | 386,459,841
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share-continuing operations | ​ | $ | 0.36 | ​ | $ | 2.03 | ​ | $ | 4.80
Basic earnings per share-discontinued operations | ​ | $ | 0.00 | ​ | $ | — | ​ | $ | —
Net income attributable to Daqo New Energy Corp. per ordinary share—basic | ​ | $ | 0.36 | ​ | $ | 2.03 | ​ | $ | 4.80
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share-continuing operations | ​ | $ | 0.34 | ​ | $ | 1.95 | ​ | $ | 4.67
Diluted earnings per share-discontinued operations | ​ | $ | 0.00 | ​ | $ | — | ​ | $ | —
Net income attributable to Daqo New Energy Corp. per ordinary share—diluted | ​ | $ | 0.34 | ​ | $ | 1.95 | ​ | $ | 4.67
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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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