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EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2024
EARNINGS PER SHARE |
EARNINGS PER SHARE | 18. EARNINGS PER SHARE The following table presents the calculation of basic and diluted earnings per share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2022 |  | 2023 |  | 2024
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Canadian Solar Inc. | ​ | $ | 239,968 | ​ | $ | 274,187 | ​ | $ | 36,051
Dilutive effect of convertible notes | ​ | ​ | 5,183 | ​ | ​ | 5,290 | ​ | ​ | —
Net income attributable to Canadian Solar Inc. — diluted | ​ | $ | 245,151 | ​ | $ | 279,477 | ​ | $ | 36,051
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic calculation — weighted average common shares — basic | ​ |  | 64,324,558 | ​ |  | 65,375,084 | ​ |  | 66,616,400
Diluted effects of share number from RSUs | ​ |  | 586,420 | ​ |  | 546,765 | ​ |  | 323,028
Dilutive effects of share number from convertible notes | ​ | ​ | 6,272,157 | ​ | ​ | 6,272,157 | ​ | ​ | —
Denominator for diluted calculation — weighted average common shares — diluted | ​ |  | 71,183,135 | ​ |  | 72,194,006 | ​ |  | 66,939,428
Basic earnings per share | ​ | $ | 3.73 | ​ | $ | 4.19 | ​ | $ | 0.54
Diluted earnings per share | ​ | $ | 3.44 | ​ | $ | 3.87 | ​ | $ | 0.54
​ 18. EARNINGS PER SHARE (Continued) ​ For the calculation of diluted earnings per share, the effect of the convertible notes was excluded for the year ended December 31, 2024, as their inclusion would have been anti-dilutive. The anti-dilutive shares excluded for the periods indicated are summarized below: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2022 |  | 2023 |  | 2024
RSUs and share options | ​ | 9,295 | ​ | 48,598 | ​ | 241,652
Convertible notes | ​ | — | ​ | — | ​ | 6,272,157
​

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