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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net revenues:      
-Non-related parties $ 1,879,247,942 $ 1,495,509,056 $ 630,961,165
-Related parties 19,674,164    
Total net revenues 1,898,922,106 1,495,509,056 630,961,165
Cost of Revenue      
-Non-related parties 1,696,421,523 1,266,737,444 552,856,159
-Related parties 20,218,969    
Total cost of revenues 1,716,640,492 1,266,737,444 552,856,159
Gross profit 182,281,614 228,771,612 78,105,006
Operating expenses:      
Selling expenses 69,341,229 47,109,261 22,088,657
General and administrative expenses 86,268,786 54,519,646 46,323,959
Research and development expenses 19,838,547 6,843,216 3,180,372
Total operating expenses 175,448,562 108,472,123 71,592,988
Income from operations 6,833,052 120,299,489 6,512,018
Other income (expenses):      
Interest expense (43,843,586) (22,164,363) (9,458,983)
Interest income 8,446,647 6,935,560 5,084,227
Gain (loss) on change in foreign currency derivatives (5,750,981) 1,656,928 9,870,333
Foreign exchange gain (loss) (40,007,403) (36,291,898) 7,680,503
Investment income (loss) (41,163) (2,853,403) 1,788,036
Income (loss) before income taxes (74,363,434) 67,582,313 21,476,134
Income tax benefit (expense) (16,539,940) (16,753,917) 1,302,065
Net income (loss) (90,903,374) 50,828,396 22,778,199
Less: net income (loss) attributable to non-controlling interest (99,174) 259,477 132,315
Net income (loss) attributable to Canadian Solar Inc. $ (90,804,200) $ 50,568,919 $ 22,645,884
Earnings (loss) per share-basic (in dollars per share) $ (2.11) $ 1.18 $ 0.61
Shares used in computation - basic (in shares) 43,076,489 42,839,356 37,137,004
Earnings (loss) per share-diluted (in dollars per share) $ (2.11) $ 1.16 $ 0.60
Shares used in computation-diluted (in shares) 43,076,489 43,678,208 37,727,138