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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 Other Comprehensive Income (loss)
Non-Controlling Interest
Total
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          
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 interests 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          
Increase (Decrease) in Stockholders' Equity              
Net income 65,249     65,249   26 65,275
Foreign currency translation adjustment (44,416)       (44,416) 2,630 (41,786)
Capital injection from non-controlling interests           1,648 1,648
Issuance of ordinary shares, net of issuance costs 23,408 $ 23,408         23,408
Issuance of ordinary shares, net of issuance costs (in shares)   1,029,661          
Deferred tax on issuance costs of ordinary shares 65 $ 65         65
Share-based compensation 7,757   7,757       7,757
Tax benefit of share-based compensation 485   485       485
Exercise of share options 707 $ 707         707
Exercise of share options (in shares)   835,045          
Fair value change on derivatives 12,458       12,458   12,458
Disposal of a subsidiary           (3,137) (3,137)
Balance at Dec. 31, 2016 884,681 $ 701,283 (8,897) 284,109 (91,814) 14,709 $ 899,390
Balance (in shares) at Dec. 31, 2016   57,830,149         57,830,149
Increase (Decrease) in Stockholders' Equity              
Net income 99,572     99,572   3,411 $ 102,983
Foreign currency translation adjustment 39,870       39,870 (565) 39,305
Acquisition of subsidiaries           9,994 9,994
Share-based compensation 9,314   9,314       9,314
Exercise of share options 879 $ 879         879
Exercise of share options (in shares)   666,536          
Fair value change on derivatives (2,090)       (2,090)   (2,090)
Balance at Dec. 31, 2017 $ 1,032,226 $ 702,162 $ 417 $ 383,681 $ (54,034) $ 27,549 $ 1,059,775
Balance (in shares) at Dec. 31, 2017   58,496,685         58,496,685