XML 64 R95.htm IDEA: XBRL DOCUMENT v2.4.1.9
Financial Statement Schedule I (Details 2) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current assets:        
Cash and cash equivalents $ 549,543,359us-gaap_CashAndCashEquivalentsAtCarryingValue $ 228,249,512us-gaap_CashAndCashEquivalentsAtCarryingValue $ 141,968,182us-gaap_CashAndCashEquivalentsAtCarryingValue $ 343,994,679us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable trade, net of allowance for doubtful accounts of $5,209,909 and $4,302,411 at December 31, 2013 and 2014, respectively 366,938,857us-gaap_AccountsReceivableNetCurrent 280,693,762us-gaap_AccountsReceivableNetCurrent    
Inventories 432,325,119us-gaap_InventoryNet 231,157,811us-gaap_InventoryNet    
Amounts due from related parties - current 4,216,925us-gaap_DueFromRelatedPartiesCurrent 4,688,692us-gaap_DueFromRelatedPartiesCurrent    
Advances to suppliers, net 47,172,491us-gaap_AdvancesOnInventoryPurchases 42,028,270us-gaap_AdvancesOnInventoryPurchases    
Prepaid expenses and other current assets 142,650,572us-gaap_PrepaidExpenseAndOtherAssetsCurrent 71,108,921us-gaap_PrepaidExpenseAndOtherAssetsCurrent    
Total current assets 2,315,886,821us-gaap_AssetsCurrent 1,719,355,606us-gaap_AssetsCurrent    
Deferred tax assets, net 66,855,860us-gaap_DeferredTaxAssetsNetNoncurrent 62,950,243us-gaap_DeferredTaxAssetsNetNoncurrent    
Other non-current assets 56,629,648us-gaap_OtherAssetsNoncurrent 43,978,760us-gaap_OtherAssetsNoncurrent    
TOTAL ASSETS 3,072,423,650us-gaap_Assets 2,453,735,356us-gaap_Assets    
Current liabilities:        
Short-term borrowings 725,512,738us-gaap_DebtCurrent 778,512,504us-gaap_DebtCurrent    
Accounts payable 412,937,350us-gaap_AccountsPayableCurrent 280,806,420us-gaap_AccountsPayableCurrent    
Amounts due to related parties 17,592,403us-gaap_DueToRelatedPartiesCurrent 19,871,718us-gaap_DueToRelatedPartiesCurrent    
Other current liabilities 85,456,179us-gaap_OtherLiabilitiesCurrent 105,489,622us-gaap_OtherLiabilitiesCurrent    
Total current liabilities 1,949,265,280us-gaap_LiabilitiesCurrent 1,778,358,864us-gaap_LiabilitiesCurrent    
Accrued warranty costs 54,644,261us-gaap_ProductWarrantyAccrualNoncurrent 40,604,652us-gaap_ProductWarrantyAccrualNoncurrent 58,334,424us-gaap_ProductWarrantyAccrualNoncurrent 47,021,352us-gaap_ProductWarrantyAccrualNoncurrent
Convertible notes 150,000,000us-gaap_ConvertibleLongTermNotesPayable      
Long-term borrowings 134,299,521us-gaap_LongTermDebtNoncurrent 151,391,572us-gaap_LongTermDebtNoncurrent    
Liability for uncertain tax positions 15,578,988us-gaap_LiabilityForUncertainTaxPositionsNoncurrent 17,191,672us-gaap_LiabilityForUncertainTaxPositionsNoncurrent    
TOTAL LIABILITIES 2,340,338,972us-gaap_Liabilities 2,041,289,252us-gaap_Liabilities    
Equity:        
Common shares - no par value: unlimited authorized shares, 51,034,343 and 55,161,856 shares issued and outstanding at December 31,2013 and 2014, respectively 675,236,489us-gaap_CommonStockValue 561,241,785us-gaap_CommonStockValue    
Additional paid-in capital (25,682,022)us-gaap_AdditionalPaidInCapitalCommonStock (32,121,269)us-gaap_AdditionalPaidInCapitalCommonStock    
Retained earnings (Accumulated deficit) 46,998,469us-gaap_RetainedEarningsAccumulatedDeficit (192,502,848)us-gaap_RetainedEarningsAccumulatedDeficit    
Accumulated other comprehensive income 20,058,063us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 53,911,113us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax    
Total Canadian Solar Inc. shareholders' equity 716,610,999us-gaap_StockholdersEquity 390,528,781us-gaap_StockholdersEquity    
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY 3,072,423,650us-gaap_LiabilitiesAndStockholdersEquity 2,453,735,356us-gaap_LiabilitiesAndStockholdersEquity    
Parent Company        
Current assets:        
Cash and cash equivalents 3,454,972us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
29,585,498us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
11,247,306us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
7,924,686us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Accounts receivable trade, net of allowance for doubtful accounts of $5,209,909 and $4,302,411 at December 31, 2013 and 2014, respectively 4,005,689us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
351,207us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Inventories 442,606us-gaap_InventoryNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
156,179us-gaap_InventoryNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Amounts due from related parties - current 252,569,838us-gaap_DueFromRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
128,261,643us-gaap_DueFromRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Advances to suppliers, net 1,991,396us-gaap_AdvancesOnInventoryPurchases
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
     
Prepaid expenses and other current assets 5,852,442us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,240,692us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total current assets 268,316,943us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
160,595,219us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Investment in subsidiaries 534,848,697us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
252,177,589us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Deferred tax assets, net 3,655,138us-gaap_DeferredTaxAssetsNetNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4,863,395us-gaap_DeferredTaxAssetsNetNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Amount due from related parties- non-current 150,000,000us-gaap_DueFromRelatedPartiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
150,000,000us-gaap_DueFromRelatedPartiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Other non-current assets 48,219,119us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
28,491,395us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
TOTAL ASSETS 1,005,039,897us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
596,127,598us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Current liabilities:        
Short-term borrowings   12,246,050us-gaap_DebtCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accounts payable 4,560us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
13,127us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Amounts due to related parties 99,011,445us-gaap_DueToRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
141,139,539us-gaap_DueToRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Other current liabilities 6,824,785us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,936,495us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total current liabilities 105,840,790us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
157,335,211us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accrued warranty costs 18,272,826us-gaap_ProductWarrantyAccrualNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
18,188,694us-gaap_ProductWarrantyAccrualNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Convertible notes 150,000,000us-gaap_ConvertibleLongTermNotesPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
     
Long-term borrowings   16,393,089us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Liability for uncertain tax positions 14,315,282us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
13,681,821us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
TOTAL LIABILITIES 288,428,898us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
205,598,815us-gaap_Liabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Equity:        
Common shares - no par value: unlimited authorized shares, 51,034,343 and 55,161,856 shares issued and outstanding at December 31,2013 and 2014, respectively 675,236,489us-gaap_CommonStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
561,241,785us-gaap_CommonStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Additional paid-in capital (25,682,022)us-gaap_AdditionalPaidInCapitalCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(32,121,269)us-gaap_AdditionalPaidInCapitalCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Retained earnings (Accumulated deficit) 46,998,469us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(192,502,847)us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accumulated other comprehensive income 20,058,063us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
53,911,114us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total Canadian Solar Inc. shareholders' equity 716,610,999us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
390,528,783us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY $ 1,005,039,897us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 596,127,598us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember