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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net revenues:      
-Non-related parties $ 2,605,335 $ 3,363,274 $ 2,958,058
-Related parties 247,743 104,352 2,569
Total net revenues 2,853,078 3,467,626 2,960,627
Cost of revenues:      
-Non-related parties 2,216,146 2,821,972 2,375,025
-Related parties 219,744 68,884 4,608
Total cost of revenues 2,435,890 2,890,856 2,379,633
Gross profit 417,188 576,770 580,994
Operating expenses:      
Selling expenses 145,367 149,710 125,797
General and administrative expenses 203,789 168,025 81,149
Research and development expenses 17,407 17,056 12,057
Other operating income, net (42,539) (5,392) (4,323)
Total operating expenses, net 324,024 329,399 214,680
Income from operations 93,164 247,371 366,314
Other income (expenses):      
Interest expense (69,723) (54,148) (48,906)
Interest income 10,236 16,831 14,363
Gain (loss) on change in fair value of derivatives 27,322 (12,196) 19,656
Foreign exchange gain (loss) 25,406 22,882 (32,219)
Investment income (loss) (1,532) 2,342  
Gain on repurchase of convertible notes 2,782    
Others   389 1,623
Other expenses, net (5,509) (23,900) (45,483)
Income before income taxes and equity in earnings (loss) of unconsolidated investees 87,655 223,471 320,831
Income tax expense (17,976) (49,512) (77,431)
Equity in earnings (loss) of unconsolidated investees (4,404) (643) 487
Net income 65,275 173,316 243,887
Less: net income attributable to non-controlling interests 26 1,455 4,385
Net income attributable to Canadian Solar Inc. $ 65,249 $ 171,861 $ 239,502
Earnings per share - basic $ 1.13 $ 3.08 $ 4.40
Shares used in computation - basic 57,524,349 55,728,903 54,408,037
Earnings per share - diluted $ 1.12 $ 2.93 $ 4.11
Shares used in computation - diluted 58,059,063 60,426,056 59,354,615