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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net revenues:      
-Non-related parties $ 3,221,928 $ 2,605,335 $ 3,363,274
-Related parties 168,465 247,743 104,352
Total net revenues 3,390,393 2,853,078 3,467,626
Cost of revenues:      
-Non-related parties 2,641,583 2,216,146 2,821,972
-Related parties 111,212 219,744 68,884
Total cost of revenues 2,752,795 2,435,890 2,890,856
Gross profit 637,598 417,188 576,770
Operating expenses:      
Selling expenses 156,032 145,367 149,710
General and administrative expenses 230,998 203,789 168,025
Research and development expenses 28,777 17,407 17,056
Other operating income, net (47,554) (42,539) (5,392)
Total operating expenses, net 368,253 324,024 329,399
Income from operations 269,345 93,164 247,371
Other income (expenses):      
Interest expense (117,971) (69,723) (54,148)
Interest income 10,477 10,236 16,831
Gain (loss) on change in fair value of derivatives (272) 27,322 (12,196)
Foreign exchange gain (loss) (23,449) 25,406 22,882
Investment income (loss) (3,607) (1,532) 2,342
Gain on repurchase of convertible notes   2,782  
Others     389
Other expenses, net (134,822) (5,509) (23,900)
Income before income taxes and equity in earnings (loss) of unconsolidated investees 134,523 87,655 223,471
Income tax expense (40,951) (17,976) (49,512)
Equity in earnings (loss) of unconsolidated investees 9,411 (4,404) (643)
Net income 102,983 65,275 173,316
Less: net income attributable to non-controlling interests 3,411 26 1,455
Net income attributable to Canadian Solar Inc. $ 99,572 $ 65,249 $ 171,861
Earnings per share - basic $ 1.71 $ 1.13 $ 3.08
Shares used in computation - basic 58,167,004 57,524,349 55,728,903
Earnings per share - diluted $ 1.69 $ 1.12 $ 2.93
Shares used in computation - diluted 61,548,158 58,059,063 60,426,056