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Net Income/(Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2021
NET INCOME/(LOSS) PER SHARE [Abstract]  
Calculation of basic and diluted net loss per share
The following table presents the calculation of the Sohu Group’s basic and diluted net loss per share (in thousands, except per share data).
 
 
  
Year Ended December 31,
 
 
  
2019
 
  
2020
 
  
2021
 
Numerator:
  
     
  
     
  
     
Net income/(loss) from continuing operations attributable to Sohu.com Limited,
basic

   $ (156,722    $ (54,975    $ 69,274  
Net income/(loss) from discontinued operations attributable to Sohu.com Limited,
basic
     7,386        (31,137      858,451  
Net income/(loss) attributable to Sohu.com Limited, basic

     (149,336      (86,112      927,725  
Effect of dilutive securities:
                          
Incremental dilution from Changyou
     (507      (392      0  
Incremental dilution from Sogou
     (606      0        (20
Net income/(loss) from continuing operations attributable to Sohu.com Limited,
diluted

     (157,282      (55,365      69,274  
Net income/(loss) from discontinued operations attributable to Sohu.com Limited,
diluted
     6,833        (31,139      858,431  
    
 
 
    
 
 
    
 
 
 
Net income/(loss) attributable to Sohu.com Limited, diluted
   $ (150,449    $ (86,504    $ 927,705  
    
 
 
    
 
 
    
 
 
 
Denominator:
                          
Weighted average basic ordinary shares outstanding
     39,249        39,452        39,501  
Effect of dilutive securities:
                          
Share options and restricted share units
     0        0        0  
    
 
 
    
 
 
    
 
 
 
Weighted average diluted ordinary shares outstanding
   $ 39,249      $ 39,452      $ 39,501  
    
 
 
    
 
 
    
 
 
 
Basic net income/(loss) per share attributable to Sohu.com Limited

                          
Continuing operations
   $ (3.99    $ (1.39    $ 1.75  
Discontinued operations
     0.19        (0.79      21.74  
    
 
 
    
 
 
    
 
 
 
Net income/(loss) per share

     (3.80      (2.18      23.49  
    
 
 
    
 
 
    
 
 
 
Diluted net income/(loss) per share attributable to Sohu.com Limited

                          
Continuing operations
   $ (4.01    $ (1.40    $ 1.75  
Discontinued operations
     0.18        (0.79      21.74  
    
 
 
    
 
 
    
 
 
 
Net income/(loss) per share

     (3.83      (2.19      23.49