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Net Income/ (Loss) per Share (Tables) | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Computation of basic and diluted 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 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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