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SOHU » Topics » 2) Changyou Share Awards

This excerpt taken from the SOHU 10-Q filed May 11, 2009.

2) Changyou Share Awards

The total share-based compensation expenses related to Changyou share awards recognized in the consolidated income statements during the three months ended March 31, 2009 and 2008 were $0.7 million and $1.8 million, respectively. Share-based compensation expenses during the both period was recorded in production development. As of March 31, 2009, there was $3.3 million of

 

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unrecognized compensation expense related to unvested Class B restricted share units granted to Tao Wang and $9.1 million related to unvested Class A and B restricted share units granted to other executive officer and key employees, respectively.

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