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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Calculation of Net Income Per Share
The calculation of net income per share is as follows:
 
For the years ended December 31,
 
 
2017
 
 
2018
 
 
2019
 
 
RMB
 
 
RMB
 
 
RMB
 
Numerator:
 
 
 
 
 
 
 
 
 
Net income attributed to ordinary shareholders for computing net income per ordinary share-basic and diluted
 
 
2,148,098
 
 
 
2,815,775
 
 
 
2,970,890
 
Denominator:
 
 
 
 
 
 
 
 
 
Denominator for computing net income per share-basic:
 
 
 
 
 
 
 
 
 
Weighted average ordinary shares outstanding used in computing net income per ordinary share-basic
 
 
394,549,323
 
 
 
407,009,875
 
 
 
415,316,627
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for computing net income per share-diluted:
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding used in computing net income per ordinary share-diluted
 
 
415,265,078
 
 
 
433,083,643
 
 
 
451,206,091
(i)
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per ordinary share attributable to Momo Inc. - basic
 
 
5.44
 
 
 
6.92
 
 
 
7.15
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per ordinary share attributable to Momo Inc. - diluted
 
 
5.17
 
 
 
6.59
 
 
 
6.76
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of Potential Ordinary Shares Outstanding Excluded from Computation of Diluted Net Loss Per Ordinary Share
The following table summarizes potential ordinary shares outstanding excluded from the computation of diluted net income per ordinary share for the years ended December 31, 2017, 2018 and 2019, because their effect is anti-dilutive:
                         
 
For the years ended December 31,
 
 
2017
 
 
2018
 
 
2019
 
Share issuable upon exercise of share options
   
768,266
     
1,117,334
     
902,655
 
Share issuable upon exercise of RSUs
   
—  
     
—  
     
45,893
 
 
 
 
 
 
 
 
 
 
(i) The calculation of the weighted average number of ordinary shares for the purpose of diluted net income per share has considered the effect of certain potentially dilutive securities. For the year ended December 31, 201
7
, an incremental weighted average number of 20,715,755
ordinary shares from the assumed exercise of share options and RSUs were included.