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424B4
IQIYI, INC. filed this Form 424B4 on 03/29/2018
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Table of Contents

iQIYI, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2015, 2016 AND 2017—continued

(Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“US$”),

except for number of shares (or ADS) and per share (or ADS) data)

 

Basic and diluted pro forma loss per share is calculated as follows:

 

     Year ended  
     December 31, 2017  
     Class A      Class B  
     RMB      US$      RMB      US$  
    

(Unaudited)

    

(Unaudited)

 

Numerator:

           

Net income attributable to ordinary shareholders

     294,371        45,244        678,558        104,291  

Add: Interest expense on convertible notes

     34,025        5,230        78,432        12,054  

Add: Extinguishment and reissuance of Series B preferred shares

     109,914        16,894        253,365        38,941  

Deduct: Accretion of redeemable convertible preferred shares

     (1,534,938      (235,916      (3,538,202      (543,811
  

 

 

    

 

 

    

 

 

    

 

 

 

Numerator for pro forma basic and diluted loss per share

     (1,096,628      (168,548      (2,527,847      (388,525
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average number of shares used in calculating basic loss per share

     —          —          342,548,237        342,548,237  

Add: adjustment to reflect assumed effect of automatic conversion of redeemable convertible preference shares

     1,231,841,032        1,231,841,032        2,496,982,468        2,496,982,468  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of shares used in calculating pro forma basic and diluted loss per share

     1,231,841,032        1,231,841,032        2,839,530,705        2,839,530,705  
  

 

 

    

 

 

    

 

 

    

 

 

 

Pro forma basic and diluted loss per share

     (0.89      (0.14      (0.89      (0.14
  

 

 

    

 

 

    

 

 

    

 

 

 

The effect of share options were excluded from the calculation of diluted pro forma loss per share for the year ended December 31, 2017 as its effect would be anti-dilutive.

 

20. SHARE-BASED COMPENSATION

2010 Equity Incentive Plan

On October 18, 2010, the Company adopted its 2010 Equity Incentive Plan (the “2010 Plan”), which permits the grant of restricted shares, options and share appreciation rights to the employees, directors, officers

 

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