Net Income/ (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2019

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