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EARNINGS PER SHARE
 9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Earnings Per Share [Abstract]    
EARNINGS PER SHARE

9. EARNINGS PER SHARE

Basic and diluted earnings per share for each of the periods presented are calculated as follows:

 

    For the nine months ended September 30,  
    2013     2014  
   

Ordinary
shares

RMB

    

Class A

RMB

    

Class A

US$

    

Class B

RMB

    

Class B

US$

  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  

Basic earnings per share:

          

Numerator:

          

Net income

     333,485        175,021        28,514        324,102        52,803   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

          

Weighted average ordinary shares outstanding

     100,000,000        37,147,194        37,147,194        68,788,940        68,788,940   

Basic earnings per share:

          

Net income

     3.33        4.71        0.77        4.71        0.77   

Diluted earnings per share:

          

Numerator:

          

Net income

     333,485        193,956        31,599        305,167        49,718   

Reallocation of undistributed income from continuing operations as a result of conversion of Class B to Class A ordinary shares

     —          305,167        49,718        —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net income

     333,485        499,123        81,317        305,167        49,718   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

          

Weighted average ordinary shares outstanding

     100,000,000        37,147,194        37,147,194        68,788,940        68,788,940   

Conversion of Class B to Class A ordinary shares

     —          68,788,940        68,788,940        —          —     

Dilutive effect of stock options

     1,322,763        6,573,095        6,573,095        —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average number of shares outstanding-diluted

     101,322,763        112,509,229        112,509,229        68,788,940        68,788,940   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings per share:

          

Net income

     3.29        4.44        0.72        4.44        0.72   

The effects of 371,140 and 20,000 stock options were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive during the nine months ended September 30, 2013 and 2014, respectively.
17. EARNINGS PER SHARE

Basic and diluted earnings per share for each of the years presented are calculated as follows:

 

    Year ended December 31,  
    2011     2012     2013  
    Ordinary
shares		     Ordinary
shares		     Class A     Class A     Class B     Class B  
    RMB     RMB     RMB     US$     RMB     US$  

Basic earnings (loss) per share:

            

Numerator:

            

Income from continuing operations

     135,446        212,881        142,053        23,465        314,109        51,887   

Loss from discontinued operations

     (4,182 )      —          —          —          —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net income

     131,264        212,881        142,053        23,465        314,109        51,887   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

            

Weighted average ordinary shares outstanding

     100,000,000        100,000,000        31,109,214        31,109,214        68,788,940        68,788,940   

Basic earnings (loss) per share:

            

Income from continuing operations

     1.35        2.13        4.57        0.75        4.57        0.75   

Loss from discontinued operations

     (0.04 )      —          —          —          —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net income

     1.31        2.13        4.57        0.75        4.57        0.75   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings (loss) per share:

            

Numerator:

            

Income from continuing operations

     135,446        212,881        155,394        25,669        300,768        49,683   

Loss from discontinued operations

     (4,182 )      —          —          —          —          —     

Reallocation of undistributed income from continuing operations as a result of conversion of Class B to Class A ordinary shares (Note 15)

     —          —          300,768        49,683        —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net income

     131,264        212,881        456,162        75,352        300,768        49,683   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

            

Weighted average ordinary shares outstanding

     100,000,000        100,000,000        31,109,214        31,109,214        68,788,940        68,788,940   

Conversion of Class B to Class A ordinary shares (Note 15)

     —          —          68,788,940        68,788,940        —          —     

Dilutive effect of stock options

     189,928        650,652        4,431,072        4,431,072        —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average number of shares outstanding- diluted

     100,189,928        100,650,652        104,329,226        104,329,226        68,788,940        68,788,940   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings (loss) per share:

            

Income from continuing operations

     1.35        2.12        4.37        0.72        4.37        0.72   

Loss from discontinued operations

     (0.04 )      —          —          —          —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net income

     1.31        2.12        4.37        0.72        4.37        0.72   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

The effects of 3,131,753, 2,048,849 and 43,846 stock options were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive during the years ended December 31, 2011, 2012 and 2013, respectively. The effects of 62,637 restricted shares were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive during the year ended December 31, 2013.