XML 65 R63.htm IDEA: XBRL DOCUMENT v2.4.0.6
Supplemental Guarantor Consolidated Financial Statements - Condensed Consolidated Statements of Operations (Detail) (USD $)
In Thousands, 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 (benefit) 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
Comprehensive income (loss) 180 (1,513) (474) (72)
Parent [Member]
        
REVENUE        
Interest   1   1
Total revenue   1   1
EXPENSES        
Compensation and related expenses 123 69 335 221
Communications and technology 13 24 57 45
Interest 4,375 4,375 13,125 8,167
Other 367 360 1,139 1,906
Total expenses 4,878 4,828 14,656 10,339
Profit before income taxes (4,878) (4,827) (14,656) (10,338)
Income tax provision (benefit) (1,720) (2,252) (5,630) (4,444)
Net profit for the period (3,158) (2,575) (9,026) (5,894)
Equity in subsidiaries 5,480 4,681 9,113 12,777
Net profit attributable to Oppenheimer Holdings Inc. 2,322 2,106 87 6,883
Comprehensive income (loss)   (26) 1 (27)
Guarantor Subsidiaries [Member]
        
REVENUE        
Principal transactions, net 438 (1,391) 728 (1,698)
Interest 3,049 2,937 9,203 7,356
Other 42   126 1
Total revenue 3,529 1,546 10,057 5,659
EXPENSES        
Interest (20) 11   3,438
Other 18 18 55 280
Total expenses (2) 29 55 3,718
Profit before income taxes 3,531 1,517 10,002 1,941
Income tax provision (benefit) 1,277 610 5,563 876
Net profit for the period 2,254 907 4,439 1,065
Net profit attributable to Oppenheimer Holdings Inc. 2,254 907 4,439 1,065
Non-Guarantor Subsidiaries [Member]
        
REVENUE        
Commissions 113,424 123,267 351,487 380,912
Principal transactions, net 13,934 9,624 39,659 34,235
Interest 14,554 14,937 42,370 43,167
Investment banking 21,589 29,199 66,647 92,357
Advisory fees 53,645 51,320 158,683 151,015
Other 14,617 5,063 45,420 31,948
Total revenue 231,763 233,410 704,266 733,634
EXPENSES        
Compensation and related expenses 151,846 148,882 461,181 479,581
Clearing and exchange fees 6,026 6,514 18,046 19,127
Communications and technology 15,867 15,114 47,289 47,101
Occupancy and equipment costs 17,568 18,977 59,405 56,047
Interest 7,268 8,558 21,851 23,993
Other 26,583 27,791 85,232 83,591
Total expenses 225,158 225,836 693,004 709,440
Profit before income taxes 6,605 7,574 11,262 24,194
Income tax provision (benefit) 2,677 3,447 4,159 10,707
Net profit for the period 3,928 4,127 7,103 13,487
Less net profit attributable to non- controlling interest, net of tax 702 353 2,429 1,775
Net profit attributable to Oppenheimer Holdings Inc. 3,226 3,774 4,674 11,712
Comprehensive income (loss) 180 (1,487) (475) (45)
Eliminations [Member]
        
REVENUE        
Interest (2,780) (2,714) (9,111) (6,925)
Investment banking       (1,000)
Advisory fees (630) (624) (1,887) (1,815)
Other (44)   (128)  
Total revenue (3,454) (3,338) (11,126) (9,740)
EXPENSES        
Occupancy and equipment costs (42)   (126)  
Interest (2,781) (2,714) (9,112) (6,925)
Other (631) (624) (1,888) (2,815)
Total expenses (3,454) (3,338) (11,126) (9,740)
Equity in subsidiaries (5,480) (4,681) (9,113) (12,777)
Net profit attributable to Oppenheimer Holdings Inc.   $ (4,681) $ (9,113) $ (12,777)