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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Earnings Attributable to Canadian Solar Inc.
Common Shares
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income
Non-Controlling Interest
Total
Balance at Dec. 31, 2012 $ 290,899 $ 502,562 $ (38,296) $ (224,162) $ 50,795 $ 10,684 $ 301,583
Balance (in shares) at Dec. 31, 2012   43,242,426          
Increase (Decrease) in Stockholders' Equity              
Net income 31,659     31,659   13,906 45,565
Foreign currency translation adjustment 3,116       3,116 (1,238) 1,878
Profit distribution to non-controlling interests           (219) (219)
Issuance of ordinary shares, net of issuance costs 47,887 $ 47,887         47,887
Issuance of ordinary shares, net of issuance costs (in shares)   3,772,254          
Share-based compensation 6,175   6,175       6,175
Exercise of share options 10,793 $ 10,793         10,793
Exercise of share options (in shares)   4,019,663          
Disposal of project companies           (12,164) (12,164)
Balance at Dec. 31, 2013 390,529 $ 561,242 (32,121) (192,503) 53,911 10,969 401,498
Balance (in shares) at Dec. 31, 2013   51,034,343          
Increase (Decrease) in Stockholders' Equity              
Net income 239,502     239,502   4,385 243,887
Foreign currency translation adjustment (33,853)       (33,853) 1,413 (32,440)
Profit distribution to non-controlling interests           (649) (649)
Issuance of ordinary shares, net of issuance costs 108,919 $ 108,919         108,919
Issuance of ordinary shares, net of issuance costs (in shares)   3,194,700          
Deferred tax on issuance costs of ordinary shares 1,732 $ 1,732         1,732
Share-based compensation 5,088   5,088       5,088
Tax benefit of share-based compensation 1,351   1,351       1,351
Exercise of share options 3,343 $ 3,343         3,343
Exercise of share options (in shares)   932,813          
Disposal of project companies           (3,155) (3,155)
Balance at Dec. 31, 2014 716,611 $ 675,236 (25,682) 46,999 20,058 12,963 $ 729,574
Balance (in shares) at Dec. 31, 2014   55,161,856         55,161,856
Increase (Decrease) in Stockholders' Equity              
Net income 171,861     171,861   1,455 $ 173,316
Foreign currency translation adjustment (81,992)       (81,992) 6,305 (75,687)
Profit distribution to non-controlling interests           (305) (305)
Share-based compensation 5,966   5,966       5,966
Tax benefit of share-based compensation 853   853       853
Exercise of share options 1,867 $ 1,867         1,867
Exercise of share options (in shares)   803,587          
Acquisition of non-controlling interest 1,724   1,724     (2,651) (927)
Gain on commodity hedge 2,078       2,078   2,078
Disposal of a subsidiary           (4,225) (4,225)
Balance at Dec. 31, 2015 $ 818,968 $ 677,103 $ (17,139) $ 218,860 $ (59,856) $ 13,542 $ 832,510
Balance (in shares) at Dec. 31, 2015   55,965,443         55,965,443