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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net revenues:      
-Non-related parties $ 3,363,274 $ 2,958,058 $ 1,637,966
-Related parties 104,352 2,569 16,390
Total net revenues 3,467,626 2,960,627 1,654,356
Cost of revenues      
-Non-related parties 2,821,972 2,375,025 1,363,048
-Related parties 68,884 4,608 15,613
Total cost of revenues 2,890,856 2,379,633 1,378,661
Gross profit 576,770 580,994 275,695
Operating expenses:      
Selling expenses 149,710 125,797 88,426
General and administrative expenses 162,633 76,826 44,768
Research and development expenses 17,056 12,057 11,685
Total operating expenses 329,399 214,680 144,879
Income from operations 247,371 366,314 130,816
Other income (expenses):      
Interest expense (54,148) (48,906) (46,244)
Interest income 16,831 14,363 11,973
Gain (loss) on change in fair value of derivatives (12,196) 19,656 10,764
Foreign exchange gain (loss) 22,882 (32,219) (51,469)
Investment income 2,342    
Others 389 1,623 428
Other expenses, net (23,900) (45,483) (74,548)
Income before income taxes and equity in earnings (loss) of unconsolidated investees 223,471 320,831 56,268
Income tax expense (49,512) (77,431) (7,639)
Equity in earnings (loss) of unconsolidated investees (643) 487 (3,064)
Net income 173,316 243,887 45,565
Less: net income attributable to non-controlling interests 1,455 4,385 13,906
Net income attributable to Canadian Solar Inc. $ 171,861 $ 239,502 $ 31,659
Earnings per share - basic $ 3.08 $ 4.40 $ 0.68
Shares used in computation - basic 55,728,903 54,408,037 46,306,739
Earnings per share - diluted $ 2.93 $ 4.11 $ 0.63
Shares used in computation - diluted 60,426,056 59,354,615 50,388,284