XML 60 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net (Loss)/Income per Share (Tables)
12 Months Ended
Dec. 31, 2012
Net (Loss) Income per Share [Abstract]  
Basic and Diluted Net Loss per Share

The following table sets forth the computation of basic and diluted net (loss)/income per share for the periods indicated:

 

 

 

For the Years Ended December 31,

 

 

 

2010

 

2011

 

2012

 

2012

 

 

 

RMB

 

RMB

 

RMB

 

US$

 

Net (loss)/income per Class A and Class B ordinary share - basic:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to Phoenix New Media Limited

 

74,083

 

102,475

 

107,359

 

17,232

 

Accretion to convertible redeemable preferred share redemption value

 

(206,409

)

(773,623

)

 

 

Income allocation to participating preferred shares

 

(33,093

)

(6,172

)

 

 

Net (loss)/income attributable to ordinary shareholders

 

(165,419

)

(677,320

)

107,359

 

17,232

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average number of Class A and Class B ordinary shares outstanding

 

327,045,493

 

519,227,660

 

619,849,313

 

619,849,313

 

Weighted average number of contingently issuable shares

 

 

 

4,160,957

 

4,160,957

 

Denominator used in computing net (loss)/income per share — basic

 

327,045,493

 

519,227,660

 

624,010,270

 

624,010,270

 

Net (loss)/income per Class A and Class B ordinary share — basic

 

(0.51

)

(1.30

)

0.17

 

0.03

 

 

 

 

 

 

 

 

 

 

 

Net (loss)/income per Class A and Class B ordinary share - diluted:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to Phoenix New Media Limited

 

74,083

 

102,475

 

107,359

 

17,232

 

Accretion to convertible redeemable preferred share redemption value

 

(206,409

)

(773,623

)

 

 

Income allocation to participating preferred shares

 

(33,093

)

(6,172

)

 

 

Net (loss)/income attributable to ordinary shareholders

 

(165,419

)

(677,320

)

107,359

 

17,232

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator used in computing net (loss)/income per share — basic

 

327,045,493

 

519,227,660

 

624,010,270

 

624,010,270

 

Share-based awards

 

 

 

19,737,876

 

19,737,876

 

Denominator used in computing net (loss)/income per share — diluted

 

327,045,493

 

519,227,660

 

643,748,146

 

643,748,146

 

Net (loss)/income per Class A and Class B ordinary share — diluted

 

(0.51

)

(1.30

)

0.17

 

0.03

 

 

 

 

 

 

 

 

 

 

 

Net (loss)/income per ADS (1 ADS representing 8 Class A ordinary shares):

 

 

 

 

 

 

 

 

 

Denominator used in computing net (loss)/income per ADS — basic

 

40,880,687

 

64,903,458

 

78,001,284

 

78,001,284

 

Denominator used in computing net (loss)/income per ADS — diluted

 

40,880,687

 

64,903,458

 

80,468,518

 

80,468,518

 

Net (loss)/income per ADS — basic

 

(4.05

)

(10.44

)

1.38

 

0.22

 

Net (loss)/income per ADS — diluted

 

(4.05

)

(10.44

)

1.33

 

0.21