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NET INCOME/LOSS PER SHARE
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
NET INCOME/LOSS PER SHARE
18. NET INCOME/LOSS PER SHARE
 
The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated:
 
 
 
Years ended December 31,
 
 
 
2016
 
 
2017
 
 
2018
 
 
 
RMB
 
 
RMB
 
 
RMB
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
Numerator for basic and diluted (loss) income per share
 
 
(35,700
)
 
 
46,463
 
 
 
44,990
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic (loss) income per share weighted average ordinary shares outstanding
 
 
38,469,234
 
 
 
38,826,800
 
 
 
41,342,597
 
Denominator for diluted (loss) income per share weighted average ordinary shares outstanding
 
 
38,469,234
 
 
 
39,303,760
 
 
 
41,671,763
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) income per share
 
 
(0.93
)
 
 
1.20
 
 
 
1.09
 
Diluted (loss) income per share
 
 
(0.93
)
 
 
1.18
 
 
 
1.08
 
 
Basic net income (loss) per share is computed using the weighted average number of the ordinary shares outstanding during the period. Diluted net income (loss) per share is computed using the weighted average number of ordinary shares and ordinary equivalent shares outstanding during the period. Due to the loss for the year ended December 31, 2016, approximately 672,138 share options and restricted shares were excluded from the calculation of diluted net income (loss) per share, because the effect would be anti-dilutive. 476,960 and 329,166 share options and restricted shares were included in the calculation of diluted income per share for year of 2017 and 2018.