XML 92 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUE                      
Commissions                 $ 486,767 $ 469,865 $ 492,228
Advisory fees                 274,178 222,732 197,097
Investment banking                 97,977 89,477 119,202
Interest                 53,216 57,662 56,779
Principal transactions, net                 43,768 54,311 47,660
Other                 63,808 58,565 46,026
Total revenue 293,362 243,376 243,830 239,146 249,415 231,838 233,145 238,214 1,019,714 952,612 958,992
EXPENSES                      
Compensation and related expenses                 675,936 626,411 626,767
Occupancy and equipment costs                 66,758 62,818 76,509
Communications and technology                 65,817 63,359 62,673
Interest                 26,142 35,086 38,026
Clearing and exchange fees                 24,481 23,750 24,991
Other                 116,671 141,715 112,178
Total expenses                 975,805 953,139 941,144
Income (loss) before income taxes 23,359 8,163 5,674 6,713 (7,135) 5,258 7,839 (6,489) 43,909 (527) 17,848
Income tax provision                 17,756 324 5,231
Net income (loss) for the year                 26,153 (851) 12,617
Less net income attributable to non-controlling interest, net of tax                 1,092 2,762 2,301
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 13,313 $ 5,237 $ 2,848 $ 3,663 $ (3,700) $ 2,322 $ 2,422 $ (4,657) $ 25,061 $ (3,613) $ 10,316
Earnings (loss) per share attributable to Oppenheimer Holdings Inc.                      
Basic $ 0.99 $ 0.38 $ 0.21 $ 0.27 $ (0.27) $ 0.17 $ 0.18 $ (0.34) $ 1.85 $ (0.27) $ 0.76
Diluted $ 0.94 $ 0.37 $ 0.20 $ 0.26 $ (0.27) $ 0.16 $ 0.17 $ (0.34) $ 1.77 $ (0.27) $ 0.74
Weighted average shares                      
Basic                 13,577,725 13,602,205 13,638,087
Diluted                 14,124,060 13,602,205 13,936,733