This excerpt taken from the SOHU 10-Q filed May 2, 2005.
4. STOCK-BASED COMPENSATION
The following table illustrates the effect on net income and income per share if the Company had applied the fair value recognition provisions of SFAS No. 123, using Black-Scholes option pricing model, to stock-based employee compensation for the three months ended March 31, 2005 and 2004 (in thousands except per share data):