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Net Income per Share | 12 Months Ended
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Dec. 31, 2016
Net Income per Share [Abstract] |
Net Income per Share | 20. Net Income per Share The following table sets forth the computation of basic and diluted net income per share for the years indicated (amounts in thousands, except for number of shares (or ADSs) and per share (or ADS) data):
|  | For the Years Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |  | 2016 |
|  | RMB |  | RMB |  | RMB |  | US$ |
Net income per Class A and Class B ordinary share - basic: |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Phoenix New Media Limited |  | 263,091 |  | 73,584 |  | 80,611 |  | 11,609 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average number of Class A and Class B ordinary shares outstanding |  | 595,521,893 |  | 569,058,424 |  | 571,298,943 |  | 571,298,943 |
Weighted average number of contingently issuable shares |  | 2,094,730 |  | 2,189,299 |  | 2,222,593 |  | 2,222,593 |
Denominator used in computing net income per share — basic |  | 597,616,623 |  | 571,247,723 |  | 573,521,536 |  | 573,521,536 |
Net income per Class A and Class B ordinary share — basic |  | 0.44 |  | 0.13 |  | 0.14 |  | 0.02 |
Net income per Class A and Class B ordinary share - diluted: |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Phoenix New Media Limited |  | 263,091 |  | 73,584 |  | 80,611 |  | 11,609 |
Denominator: |  |  |  |  |  |  |  |  |
Denominator used in computing net income per share — basic |  | 597,616,623 |  | 571,247,723 |  | 573,521,536 |  | 573,521,536 |
Share-based awards |  | 17,003,487 |  | 9,537,533 |  | 3,516,370 |  | 3,516,370 |
Denominator used in computing net income per share — diluted |  | 614,620,110 |  | 580,785,256 |  | 577,037,906 |  | 577,037,906 |
Net income per Class A and Class B ordinary share — diluted |  | 0.43 |  | 0.13 |  | 0.14 |  | 0.02 |
Net income per ADS (1 ADS represents 8 Class A ordinary shares): |  |  |  |  |  |  |  |  |
Denominator used in computing net income per ADS — basic |  | 74,702,078 |  | 71,405,965 |  | 71,690,192 |  | 71,690,192 |
Denominator used in computing net income per ADS — diluted |  | 76,827,514 |  | 72,598,157 |  | 72,129,738 |  | 72,129,738 |
Net income per ADS — basic |  | 3.52 |  | 1.03 |  | 1.12 |  | 0.16 |
Net income per ADS — diluted |  | 3.42 |  | 1.01 |  | 1.12 |  | 0.16 |
The Company has included 2,094,730, 2,189,299 and 2,222,593 contingently issuable shares in the denominator used in computing basic and diluted net income per share for the years ended December 31, 2014, 2015 and 2016, respectively. These shares are contingently issuable upon the holder’s request without other substantive conditions and for no further consideration. There were 27,823,275, 29,572,888 and 30,953,329 options to purchase ordinary shares have been excluded from the computation of diluted net income per share for the years ended December 31, 2014, 2015 and 2016, respectively, as their effects would be anti-dilutive.

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