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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
EARNINGS PER SHARE  
Schedule of computation of basic and diluted earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

    

2016

    

2017

    

2018

 

 

(In Thousands of US Dollars, except share and

 

 

per share data)

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to Canadian Solar Inc.—basic

 

$

65,249

 

$

99,572

 

$

237,070

Dilutive effect of interest expense of convertible notes

 

 

 —

 

 

4,649

 

 

4,683

Net income attributable to Canadian Solar Inc.—diluted

 

$

65,249

 

$

104,221

 

$

241,753

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic calculation—weighted average number of common shares—basic

 

 

57,524,349

 

 

58,167,004

 

 

58,914,540

Diluted effects of share number from share options and RSUs

 

 

534,714

 

 

547,821

 

 

543,797

Dilutive effects of share number from convertible notes

 

 

 —

 

 

2,833,333

 

 

2,833,333

Denominator for diluted calculation—weighted average number of common shares—diluted

 

 

58,059,063

 

 

61,548,158

 

 

62,291,670

Basic earnings per share

 

$

1.13

 

$

1.71

 

$

4.02

Diluted earnings per share

 

$

1.12

 

$

1.69

 

$

3.88

 

Schedule of anti-dilutive shares excluded from the computation of diluted earnings per share

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

    

2016

    

2017

    

2018

Share options and RSUs

 

476,043

 

372,743

 

276,618