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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are summarized below:

		Fair value measurement using:
		Quoted prices in active markets for identical assets (Level 1)				Significant other observable inputs (Level 2)				Unobservable inputs (Level 3)				Fair value at December 31, 2016
		RMB				RMB				RMB				RMB
Cash equivalents:
- Fixed rate time deposits			588,589				—				—				588,589
Short-term investments:
- Fixed rate time deposits			277,946				—				—				277,946
Long-term investments
- Available-for-sale investments			—				—				7,921				7,921
Assets			866,535				—				7,921				874,456
Long-term borrowings:
- Bonds payable			418,497				—				—				418,497
Other liabilities:
- Share-settled bonuses			—				—				37,526				37,526
- Liability classified RSU			—				—				34,612				34,612
Amounts due to related parties:
- Contingent consideration payable in relation to the acquisition of subsidiaries			—				—				65,797				65,797
Liabilities			418,497				—				137,935				556,432

		Fair value measurement using:
		Quoted prices in active markets for identical assets (Level 1)				Significant other observable inputs (Level 2)				Unobservable inputs (Level 3)				Fair value at December 31, 2017
		RMB				RMB				RMB				RMB				US$
Cash equivalents:
- Fixed rate time deposits			874,786				—				—				874,786				134,452
Short-term investments:
- Fixed rate time deposits			548,890				—				—				548,890				84,363
Long-term investments
- Available-for-sale investments			—				—				2,537				2,537				390
Assets			1,423,676				—				2,537				1,426,213				219,205
Long-term borrowings:
- Bonds payable			1,980,529				—				—				1,980,529				304,402
Other liabilities:
- Liability classified RSU			—				—				11,865				11,865				1,824
Amounts due to related parties:
- Contingent consideration payable in relation to the acquisition of subsidiaries			—				—				36,734				36,734				5,646
Liabilities			1,980,529				—				48,599				2,029,128				311,872

Reconciliation of Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs Level Three

The following table presents a reconciliation of all liabilities measured at fair value on a recurring basis using significant unobservable inputs (level 3):

		Contingent consideration payables
		RMB
Fair value at January 1, 2016			372,256
Changes in the fair value			(93,307	)
Payment of cash consideration			(2,617	)
Reclassification to equity upon resolution of contingencies			(210,535	)
Transfers in and/or out of Level 3			—
Fair value at December 31, 2016			65,797
Changes in the fair value			937
Settlement of contingent consideration payable			(30,000	)
Transfers in and/or out of Level 3			—
Fair value at December 31, 2017			36,734
Fair value at December 31, 2017 (US$)			5,646

		Share-settled bonuses
		RMB
Fair value at January 1, 2016			41,352
Increase in bonuses settled in shares during 2016			37,678
Changes in the fair value			(5,319	)
Reclassification to equity			(15,890	)
Bonuses settled in cash during 2016			(20,295	)
Transfers in and/or out of Level 3			—
Fair value at December 31, 2016			37,526
Changes in the fair value			(810	)
Reclassification to equity			(22,752	)
Reversal of share-settled bonuses			(13,964	)
Transfers in and/or out of Level 3			—
Fair value at December 31, 2017			—
Fair value at December 31, 2017 (US$)			—

		Liability classified RSU
		RMB
Fair value at January 1, 2017			34,612
Increase in liability classified RSU			61,903
Reclassification to equity			(84,650	)
Transfers in and/or out of Level 3			—
Fair value at December 31, 2017			11,865
Fair value at December 31, 2017 (US$)			1,824

X

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bb)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2C
-URI http://asc.fasb.org/extlink&oid=66048111&loc=SL7498348-110258

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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