XML 43 R29.htm IDEA: XBRL DOCUMENT
v3.7.0.1

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2016
EARNINGS PER SHARE |
EARNINGS PER SHARE | 21. EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share for the years indicated:
|  | Years Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | (In Thousands of US Dollars, except share and per share data) |
Numerator: |  |  |  |  |  |  |  |  |  |
Net income attributable to Canadian Solar Inc.—basic |  | $ | 239,502 |  | $ | 171,861 |  | $ | 65,249 |
Dilutive effect of interest expense of convertible notes |  |  | 4,641 |  |  | 5,275 |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Canadian Solar Inc.—diluted |  | $ | 244,143 |  | $ | 177,136 |  | $ | 65,249 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: |  |  |  |  |  |  |  |  |  |
Denominator for basic calculation—weighted average number of common shares—basic |  |  | 54,408,037 |  |  | 55,728,903 |  |  | 57,524,349 |
Diluted effects of share number from share options and RSUs |  |  | 2,051,601 |  |  | 1,343,162 |  |  | 534,714 |
Diluted effects of share number from warrants |  |  | — |  |  | 20,658 |  |  | — |
Dilutive effects of share number from convertible notes |  |  | 2,894,977 |  |  | 3,333,333 |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for diluted calculation—weighted average number of common shares—diluted |  |  | 59,354,615 |  |  | 60,426,056 |  |  | 58,059,063 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share |  | $ | 4.40 |  | $ | 3.08 |  | $ | 1.13 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share |  | $ | 4.11 |  | $ | 2.93 |  | $ | 1.12 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The following table sets forth anti-dilutive shares excluded from the computation of diluted earnings per share for the years indicated.
|  | Years Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
Share options and RSUs |  |  | 95,422 |  |  | 115,017 |  |  | 476,043 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration