XML 54 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUE:        
Commissions $ 113,424 $ 123,267 $ 351,487 $ 380,912
Principal transactions, net 14,372 8,233 40,387 32,537
Interest 14,823 15,161 42,462 43,599
Investment banking 21,589 29,199 66,647 91,357
Advisory fees 53,015 50,696 156,796 149,200
Other 14,615 5,063 45,418 31,949
Total revenue 231,838 231,619 703,197 729,554
EXPENSES:        
Compensation and related expenses 151,969 148,951 461,516 479,802
Clearing and exchange fees 6,026 6,514 18,046 19,127
Communications and technology 15,880 15,138 47,346 47,146
Occupancy and equipment costs 17,526 18,977 59,279 56,047
Interest 8,842 10,230 25,864 28,673
Other 26,337 27,545 84,538 82,962
Total expenses 226,580 227,355 696,589 713,757
Profit before income taxes 5,258 4,264 6,608 15,797
Income tax provision 2,234 1,805 4,092 7,139
Net profit for the period 3,024 2,459 2,516 8,658
Less net profit attributable to non-controlling interest, net of tax 702 353 2,429 1,775
Net profit attributable to Oppenheimer Holdings Inc. $ 2,322 $ 2,106 $ 87 $ 6,883
Profit per share attributable to Oppenheimer Holdings Inc.:        
Basic $ 0.17 $ 0.15 $ 0.01 $ 0.51
Diluted $ 0.16 $ 0.15 $ 0.01 $ 0.49
Weighted average common shares:        
Basic 13,610,991 13,670,604 13,599,431 13,627,122
Diluted 14,161,257 13,915,897 13,937,016 13,922,637
Dividends declared per share $ 0.11 $ 0.11 $ 0.33 $ 0.33