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Net Income/ (Loss) per Share | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Net Income/ (Loss) per Share | 22. Net Income/(Loss) per Share The following table sets forth the computation of basic and diluted net income/(loss) 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, |
|  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2019 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Net income/(loss) per Class A and Class B ordinary share - basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income/(loss) attributable to Phoenix New Media Limited |  |  | 37,472 |  |  |  | (63,222 | ) |  |  | 727,829 |  |  |  | 104,546 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of Class A and Class B ordinary shares outstanding |  |  | 573,096,266 |  |  |  | 580,516,101 |  |  |  | 582,275,800 |  |  |  | 582,275,800 |
Weighted average number of contingently issuable shares |  |  | 1,690,621 |  |  |  | 568,352 |  |  |  | — |  |  |  | — |
Denominator used in computing net income/(loss) per share — basic |  |  | 574,786,887 |  |  |  | 581,084,453 |  |  |  | 582,275,800 |  |  |  | 582,275,800 |
Net income/(loss) per Class A and Class B ordinary share — basic |  |  | 0.07 |  |  |  | (0.11 | ) |  |  | 1.25 |  |  |  | 0.18 |
Net income/(loss) per Class A and Class B ordinary share - diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income/(loss) attributable to Phoenix New Media Limited |  |  | 37,472 |  |  |  | (63,222 | ) |  |  | 727,829 |  |  |  | 104,546 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator used in computing net income/(loss) per share — basic |  |  | 574,786,887 |  |  |  | 581,084,453 |  |  |  | 582,275,800 |  |  |  | 582,275,800 |
Share-based awards |  |  | 15,647,020 |  |  |  | — |  |  |  | — |  |  |  | — |
Denominator used in computing net income/(loss) per share — diluted |  |  | 590,433,907 |  |  |  | 581,084,453 |  |  |  | 582,275,800 |  |  |  | 582,275,800 |
Net income/(loss) per Class A and Class B ordinary share — diluted |  |  | 0.06 |  |  |  | (0.11 | ) |  |  | 1.25 |  |  |  | 0.18 |
Net income/(loss) per ADS (1 ADS represents 8 Class A ordinary shares): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator used in computing net income/(loss) per ADS — basic |  |  | 71,848,361 |  |  |  | 72,635,557 |  |  |  | 72,784,475 |  |  |  | 72,784,475 |
Denominator used in computing net income/(loss) per ADS — diluted |  |  | 73,804,238 |  |  |  | 72,635,557 |  |  |  | 72,784,475 |  |  |  | 72,784,475 |
Net income/(loss) per ADS — basic |  |  | 0.52 |  |  |  | (0.87 | ) |  |  | 10.00 |  |  |  | 1.44 |
Net income/(loss) per ADS — diluted |  |  | 0.51 |  |  |  | (0.87 | ) |  |  | 10.00 |  |  |  | 1.44 |
The Company has included 1,690,621, 568,352 and nil contingently issuable shares in the denominator used in computing basic and diluted net income/(loss) per share for the years ended December 31, 2017, 2018 and 2019, respectively. These shares are contingently issuable upon the holders’ request without other substantive conditions and for no further consideration. There were 2,223,005, 35,183,115 and 34,445,604 options to purchase ordinary shares have been excluded from the computation of diluted net income/(loss) per share for the years ended December 31, 2017, 2018 and 2019, respectively, as their effects would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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