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Condensed Consolidating Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2014
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF MARCH 31, 2014
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 598 |  |  | $ | 58,197 |  |  | $ | 64,247 |  |  | $ | — |  |  | $ | 123,042 |
Cash and securities segregated for regulatory and other purposes |  |  | — |  |  |  | — |  |  |  | 36,281 |  |  |  | — |  |  |  | 36,281 |
Deposits with clearing organizations |  |  | — |  |  |  | — |  |  |  | 31,435 |  |  |  | — |  |  |  | 31,435 |
Receivable from brokers, dealers and clearing organizations |  |  | — |  |  |  | — |  |  |  | 330,363 |  |  |  | — |  |  |  | 330,363 |
Receivable from customers, net of allowance for credit losses of $2,441 |  |  | — |  |  |  | — |  |  |  | 954,650 |  |  |  | — |  |  |  | 954,650 |
Income tax receivable |  |  | 21,287 |  |  |  | 27,505 |  |  |  | (700 | ) |  |  | (37,307 | ) |  |  | 10,785 |
Securities purchased under agreements to resell |  |  | — |  |  |  | — |  |  |  | 250,548 |  |  |  | — |  |  |  | 250,548 |
Securities owned, including amounts pledged of $483,347, at fair value |  |  | — |  |  |  | 1,856 |  |  |  | 934,160 |  |  |  | — |  |  |  | 936,016 |
Subordinated loan receivable |  |  | — |  |  |  | 112,558 |  |  |  | — |  |  |  | (112,558 | ) |  |  | — |
Notes receivable, net |  |  | — |  |  |  | — |  |  |  | 38,832 |  |  |  | — |  |  |  | 38,832 |
Office facilities, net |  |  | — |  |  |  | 20,923 |  |  |  | 11,472 |  |  |  | — |  |  |  | 32,395 |
Deferred tax assets, net |  |  | 796 |  |  |  | 309 |  |  |  | 23,826 |  |  |  | (24,931 | ) |  |  | — |
Intangible assets |  |  | — |  |  |  | — |  |  |  | 31,700 |  |  |  | — |  |  |  | 31,700 |
Goodwill |  |  | — |  |  |  | — |  |  |  | 137,889 |  |  |  | — |  |  |  | 137,889 |
Loans held for sale |  |  | — |  |  |  | — |  |  |  | 9,438 |  |  |  | — |  |  |  | 9,438 |
Mortgage servicing rights |  |  | — |  |  |  | — |  |  |  | 29,226 |  |  |  | — |  |  |  | 29,226 |
Other assets |  |  | 2,702 |  |  |  | 27,023 |  |  |  | 100,789 |  |  |  | — |  |  |  | 130,514 |
Investment in subsidiaries |  |  | 553,042 |  |  |  | 892,633 |  |  |  | (183,614 | ) |  |  | (1,262,061 | ) |  |  | — |
Intercompany receivables |  |  | 152,219 |  |  |  | (72,068 | ) |  |  | (15,650 | ) |  |  | (64,501 | ) |  |  | — |
Total assets |  | $ | 730,644 |  |  | $ | 1,068,936 |  |  | $ | 2,784,892 |  |  | $ | (1,501,358 | ) |  | $ | 3,083,114 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Drafts payable |  | $ | — |  |  | $ | — |  |  | $ | 41,306 |  |  | $ | — |  |  | $ | 41,306 |
Bank call loans |  |  | — |  |  |  | — |  |  |  | 197,000 |  |  |  | — |  |  |  | 197,000 |
Payable to brokers, dealers and clearing organizations |  |  | — |  |  |  | — |  |  |  | 375,504 |  |  |  | — |  |  |  | 375,504 |
Payable to customers |  |  | — |  |  |  | — |  |  |  | 629,564 |  |  |  | — |  |  |  | 629,564 |
Securities sold under agreements to repurchase |  |  | — |  |  |  | — |  |  |  | 705,727 |  |  |  | — |  |  |  | 705,727 |
Securities sold, but not yet purchased, at fair value |  |  | — |  |  |  | — |  |  |  | 143,453 |  |  |  | — |  |  |  | 143,453 |
Accrued compensation |  |  | — |  |  |  | — |  |  |  | 106,512 |  |  |  | — |  |  |  | 106,512 |
Accounts payable and other liabilities |  |  | 8,171 |  |  |  | 58,799 |  |  |  | 78,950 |  |  |  | — |  |  |  | 145,920 |
Income tax payable |  |  | 2,440 |  |  |  | 22,189 |  |  |  | 12,678 |  |  |  | (37,307 | ) |  |  | — |
Senior secured notes |  |  | 195,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 195,000 |
Subordinated indebtedness |  |  | — |  |  |  | — |  |  |  | 112,558 |  |  |  | (112,558 | ) |  |  | — |
Deferred tax liabilities, net |  |  | — |  |  |  | — |  |  |  | 37,477 |  |  |  | (24,931 | ) |  |  | 12,546 |
Intercompany payables |  |  | — |  |  |  | 64,501 |  |  |  | — |  |  |  | (64,501 | ) |  |  | — |
Total liabilities |  |  | 205,611 |  |  |  | 145,489 |  |  |  | 2,440,729 |  |  |  | (239,297 | ) |  |  | 2,552,532 |
Stockholders’ equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stockholders’ equity attributable to Oppenheimer Holdings Inc. |  |  | 525,033 |  |  |  | 923,447 |  |  |  | 338,614 |  |  |  | (1,262,061 | ) |  |  | 525,033 |
Non-controlling interest |  |  | — |  |  |  | — |  |  |  | 5,549 |  |  |  | — |  |  |  | 5,549 |
Total stockholders’ equity |  |  | 525,033 |  |  |  | 923,447 |  |  |  | 344,163 |  |  |  | (1,262,061 | ) |  |  | 530,582 |
Total liabilities and stockholders’ equity |  | $ | 730,644 |  |  | $ | 1,068,936 |  |  | $ | 2,784,892 |  |  | $ | (1,501,358 | ) |  | $ | 3,083,114 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2013
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 448 |  |  | $ | 30,901 |  |  | $ | 66,945 |  |  | $ | — |  |  | $ | 98,294 |
Cash and securities segregated for regulatory and other purposes |  |  | — |  |  |  | — |  |  |  | 36,323 |  |  |  | — |  |  |  | 36,323 |
Deposits with clearing organizations |  |  | — |  |  |  | — |  |  |  | 23,679 |  |  |  | — |  |  |  | 23,679 |
Receivable from brokers, dealers and clearing organizations |  |  | — |  |  |  | — |  |  |  | 364,873 |  |  |  | — |  |  |  | 364,873 |
Receivable from customers, net of allowance for credit losses of $2,423 |  |  | — |  |  |  | — |  |  |  | 868,869 |  |  |  | — |  |  |  | 868,869 |
Income tax receivable |  |  | 19,494 |  |  |  | 27,589 |  |  |  | (817 | ) |  |  | (39,704 | ) |  |  | 6,562 |
Securities purchased under agreements to resell |  |  | — |  |  |  | — |  |  |  | 184,825 |  |  |  | — |  |  |  | 184,825 |
Securities owned, including amounts pledged of $586,625, at fair value |  |  | — |  |  |  | 2,225 |  |  |  | 853,863 |  |  |  | — |  |  |  | 856,088 |
Subordinated loan receivable |  |  | — |  |  |  | 112,558 |  |  |  | — |  |  |  | (112,558 | ) |  |  | — |
Notes receivable, net |  |  | — |  |  |  | — |  |  |  | 40,751 |  |  |  | — |  |  |  | 40,751 |
Office facilities, net |  |  | — |  |  |  | 21,250 |  |  |  | 11,689 |  |  |  | — |  |  |  | 32,939 |
Deferred tax assets, net |  |  | 678 |  |  |  | 309 |  |  |  | 29,496 |  |  |  | (30,483 | ) |  |  | — |
Intangible assets |  |  | — |  |  |  | — |  |  |  | 31,700 |  |  |  | — |  |  |  | 31,700 |
Goodwill |  |  | — |  |  |  | — |  |  |  | 137,889 |  |  |  | — |  |  |  | 137,889 |
Loans held for sale |  |  | — |  |  |  | — |  |  |  | 75,989 |  |  |  | — |  |  |  | 75,989 |
Mortgage servicing rights |  |  | — |  |  |  | — |  |  |  | 28,879 |  |  |  | — |  |  |  | 28,879 |
Other assets |  |  | 2,797 |  |  |  | 27,113 |  |  |  | 135,150 |  |  |  | — |  |  |  | 165,060 |
Investment in subsidiaries |  |  | 546,755 |  |  |  | 910,230 |  |  |  | (182,625 | ) |  |  | (1,274,360 | ) |  |  | — |
Intercompany receivables |  |  | 153,528 |  |  |  | (68,920 | ) |  |  | (20,107 | ) |  |  | (64,501 | ) |  |  | — |
Total assets |  | $ | 723,700 |  |  | $ | 1,063,255 |  |  | $ | 2,687,371 |  |  | $ | (1,521,606 | ) |  | $ | 2,952,720 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Drafts payable |  | $ | — |  |  | $ | — |  |  | $ | 48,198 |  |  | $ | — |  |  | $ | 48,198 |
Bank call loans |  |  | — |  |  |  | — |  |  |  | 118,200 |  |  |  | — |  |  |  | 118,200 |
Payable to brokers, dealers and clearing organizations |  |  | — |  |  |  | — |  |  |  | 223,315 |  |  |  | — |  |  |  | 223,315 |
Payable to customers |  |  | — |  |  |  | — |  |  |  | 626,564 |  |  |  | — |  |  |  | 626,564 |
Securities sold under agreements to repurchase |  |  | — |  |  |  | — |  |  |  | 757,491 |  |  |  | — |  |  |  | 757,491 |
Securities sold, but not yet purchased, at fair value |  |  | — |  |  |  | — |  |  |  | 76,314 |  |  |  | — |  |  |  | 76,314 |
Accrued compensation |  |  | — |  |  |  | — |  |  |  | 180,119 |  |  |  | — |  |  |  | 180,119 |
Accounts payable and other liabilities |  |  | 3,742 |  |  |  | 59,289 |  |  |  | 129,609 |  |  |  | (88 | ) |  |  | 192,552 |
Income tax payable |  |  | 2,440 |  |  |  | 22,189 |  |  |  | 15,075 |  |  |  | (39,704 | ) |  |  | — |
Senior secured notes |  |  | 195,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 195,000 |
Subordinated indebtedness |  |  | — |  |  |  | — |  |  |  | 112,558 |  |  |  | (112,558 | ) |  |  | — |
Deferred tax liabilities, net |  |  | — |  |  |  | — |  |  |  | 37,579 |  |  |  | (30,483 | ) |  |  | 7,096 |
Intercompany payables |  |  | — |  |  |  | 64,501 |  |  |  | — |  |  |  | (64,501 | ) |  |  | — |
Total liabilities |  |  | 201,182 |  |  |  | 145,979 |  |  |  | 2,325,022 |  |  |  | (247,334 | ) |  |  | 2,424,849 |
Stockholders’ equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stockholders’ equity attributable to Oppenheimer Holdings Inc. |  |  | 522,518 |  |  |  | 917,276 |  |  |  | 356,996 |  |  |  | (1,274,272 | ) |  |  | 522,518 |
Non-controlling interest |  |  | — |  |  |  | — |  |  |  | 5,353 |  |  |  | — |  |  |  | 5,353 |
Total stockholders’ equity |  |  | 522,518 |  |  |  | 917,276 |  |  |  | 362,349 |  |  |  | (1,274,272 | ) |  |  | 527,871 |
Total liabilities and stockholders’ equity |  | $ | 723,700 |  |  | $ | 1,063,255 |  |  | $ | 2,687,371 |  |  | $ | (1,521,606 | ) |  | $ | 2,952,720 |
Condensed Consolidating Statement of Operations | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2014
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
REVENUES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commissions |  | $ | — |  |  | $ | — |  |  | $ | 122,138 |  |  | $ | — |  |  | $ | 122,138 |
Advisory fees |  |  | — |  |  |  | — |  |  |  | 68,575 |  |  |  | (370 | ) |  |  | 68,205 |
Investment banking |  |  | — |  |  |  | — |  |  |  | 33,524 |  |  |  | — |  |  |  | 33,524 |
Interest |  |  | — |  |  |  | 2,733 |  |  |  | 12,367 |  |  |  | (2,710 | ) |  |  | 12,390 |
Principal transactions, net |  |  | — |  |  |  | 40 |  |  |  | 8,777 |  |  |  | — |  |  |  | 8,817 |
Other |  |  | — |  |  |  | 216 |  |  |  | 10,094 |  |  |  | (216 | ) |  |  | 10,094 |
Total revenue |  |  | — |  |  |  | 2,989 |  |  |  | 255,475 |  |  |  | (3,296 | ) |  |  | 255,168 |
EXPENSES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation and related expenses |  |  | 315 |  |  |  | — |  |  |  | 171,635 |  |  |  | — |  |  |  | 171,950 |
Communications and technology |  |  | 27 |  |  |  | — |  |  |  | 16,707 |  |  |  | — |  |  |  | 16,734 |
Occupancy and equipment costs |  |  | — |  |  |  | — |  |  |  | 15,613 |  |  |  | (216 | ) |  |  | 15,397 |
Clearing and exchange fees |  |  | — |  |  |  | — |  |  |  | 5,892 |  |  |  | — |  |  |  | 5,892 |
Interest |  |  | 4,375 |  |  |  | — |  |  |  | 3,499 |  |  |  | (2,710 | ) |  |  | 5,164 |
Other |  |  | 344 |  |  |  | 2 |  |  |  | 34,946 |  |  |  | (370 | ) |  |  | 34,922 |
Total expenses |  |  | 5,061 |  |  |  | 2 |  |  |  | 248,292 |  |  |  | (3,296 | ) |  |  | 250,059 |
Income (loss) before income taxes |  |  | (5,061 | ) |  |  | 2,987 |  |  |  | 7,183 |  |  |  | — |  |  |  | 5,109 |
Income tax provision (benefit) |  |  | (1,911 | ) |  |  | (138 | ) |  |  | 3,738 |  |  |  | — |  |  |  | 1,689 |
Net income (loss) for the period |  |  | (3,150 | ) |  |  | 3,125 |  |  |  | 3,445 |  |  |  | — |  |  |  | 3,420 |
Less net income attributable to non-controlling interest, net of tax |  |  | — |  |  |  | — |  |  |  | 196 |  |  |  | — |  |  |  | 196 |
Equity in subsidiaries |  |  | 6,374 |  |  |  | — |  |  |  | — |  |  |  | (6,374 | ) |  |  | — |
Net income attributable to Oppenheimer Holdings Inc. |  |  | 3,224 |  |  |  | 3,125 |  |  |  | 3,249 |  |  |  | (6,374 | ) |  |  | 3,224 |
Other comprehensive loss |  |  | — |  |  |  | — |  |  |  | (87 | ) |  |  | — |  |  |  | (87 | )
Total comprehensive income |  | $ | 3,224 |  |  | $ | 3,125 |  |  | $ | 3,162 |  |  | $ | (6,374 | ) |  | $ | 3,137 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2013
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
REVENUES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commissions |  | $ | — |  |  | $ | — |  |  | $ | 119,580 |  |  | $ | — |  |  | $ | 119,580 |
Advisory fees |  |  | — |  |  |  | — |  |  |  | 57,360 |  |  |  | (640 | ) |  |  | 56,720 |
Investment banking |  |  | — |  |  |  | — |  |  |  | 18,448 |  |  |  | — |  |  |  | 18,448 |
Principal transactions, net |  |  | — |  |  |  | 73 |  |  |  | 15,644 |  |  |  | — |  |  |  | 15,717 |
Interest |  |  | 5 |  |  |  | 2,788 |  |  |  | 12,296 |  |  |  | (2,718 | ) |  |  | 12,371 |
Other |  |  | — |  |  |  | 42 |  |  |  | 16,310 |  |  |  | (42 | ) |  |  | 16,310 |
Total revenue |  |  | 5 |  |  |  | 2,903 |  |  |  | 239,638 |  |  |  | (3,400 | ) |  |  | 239,146 |
EXPENSES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation and related expenses |  |  | 441 |  |  |  | — |  |  |  | 158,768 |  |  |  | — |  |  |  | 159,209 |
Occupancy and equipment costs |  |  | — |  |  |  | — |  |  |  | 17,607 |  |  |  | (42 | ) |  |  | 17,565 |
Communications and technology |  |  | 23 |  |  |  | — |  |  |  | 15,841 |  |  |  | — |  |  |  | 15,864 |
Interest |  |  | 4,375 |  |  |  | — |  |  |  | 5,205 |  |  |  | (2,718 | ) |  |  | 6,862 |
Clearing and exchange fees |  |  | — |  |  |  | — |  |  |  | 6,042 |  |  |  | — |  |  |  | 6,042 |
Other |  |  | 437 |  |  |  | 3 |  |  |  | 27,091 |  |  |  | (640 | ) |  |  | 26,891 |
Total expenses |  |  | 5,276 |  |  |  | 3 |  |  |  | 230,554 |  |  |  | (3,400 | ) |  |  | 232,433 |
Income (loss) before income taxes |  |  | (5,271 | ) |  |  | 2,900 |  |  |  | 9,084 |  |  |  | — |  |  |  | 6,713 |
Income tax provision (benefit) |  |  | (2,032 | ) |  |  | 679 |  |  |  | 4,173 |  |  |  | — |  |  |  | 2,820 |
Net income (loss) for the period |  |  | (3,239 | ) |  |  | 2,221 |  |  |  | 4,911 |  |  |  | — |  |  |  | 3,893 |
Less net income attributable to non-controlling interest, net of tax |  |  | — |  |  |  | — |  |  |  | 230 |  |  |  | — |  |  |  | 230 |
Equity in subsidiaries |  |  | 6,902 |  |  |  | — |  |  |  | — |  |  |  | (6,902 | ) |  |  | — |
Net income attributable to Oppenheimer Holdings Inc. |  |  | 3,663 |  |  |  | 2,221 |  |  |  | 4,681 |  |  |  | (6,902 | ) |  |  | 3,663 |
Other comprehensive income |  |  | — |  |  |  | — |  |  |  | 451 |  |  |  | — |  |  |  | 451 |
Total comprehensive income |  | $ | 3,663 |  |  | $ | 2,221 |  |  | $ | 5,132 |  |  | $ | (6,902 | ) |  | $ | 4,114 |
Condensed Consolidating Statement of Cash Flows | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2014
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Cash flows from operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) for the period |  | $ | (3,150 | ) |  | $ | 3,125 |  |  | $ | 3,445 |  |  | $ | — |  |  | $ | 3,420 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization of office facilities and leasehold improvements |  |  | — |  |  |  | — |  |  |  | 1,941 |  |  |  | — |  |  |  | 1,941 |
Deferred income taxes |  |  | — |  |  |  | — |  |  |  | 5,450 |  |  |  | — |  |  |  | 5,450 |
Amortization of notes receivable |  |  | — |  |  |  | — |  |  |  | 4,491 |  |  |  | — |  |  |  | 4,491 |
Amortization of debt issuance costs |  |  | 160 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 160 |
Amortization of mortgage servicing rights |  |  | — |  |  |  | — |  |  |  | 656 |  |  |  | — |  |  |  | 656 |
Provision for credit losses |  |  | — |  |  |  | — |  |  |  | 18 |  |  |  | — |  |  |  | 18 |
Share-based compensation expense |  |  | 122 |  |  |  | — |  |  |  | 3,712 |  |  |  | — |  |  |  | 3,834 |
Payment of taxes due for share-based awards |  |  | (2,074 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2,074 | )
Changes in operating assets and liabilities |  |  | 5,151 |  |  |  | 24,171 |  |  |  | (99,814 | ) |  |  | — |  |  |  | (70,492 | )
Cash provided by (used in) continuing operations |  |  | 209 |  |  |  | 27,296 |  |  |  | (80,101 | ) |  |  | — |  |  |  | (52,596 | )
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase of office facilities |  |  | — |  |  |  | — |  |  |  | (1,397 | ) |  |  | — |  |  |  | (1,397 | )
Cash used in investing activities |  |  | — |  |  |  | — |  |  |  | (1,397 | ) |  |  | — |  |  |  | (1,397 | )
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock |  |  | (1,486 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,486 | )
Issuance of Class A non-voting common stock |  |  | 185 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 185 |
Tax benefit from share-based awards |  |  | 1,242 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,242 |
Other financing activities |  |  | — |  |  |  | — |  |  |  | 78,800 |  |  |  | — |  |  |  | 78,800 |
Cash flow provided by (used in) financing activities |  |  | (59 | ) |  |  | — |  |  |  | 78,800 |  |  |  | — |  |  |  | 78,741 |
Net increase (decrease) in cash and cash equivalents |  |  | 150 |  |  |  | 27,296 |  |  |  | (2,698 | ) |  |  | — |  |  |  | 24,748 |
Cash and cash equivalents, beginning of the period |  |  | 448 |  |  |  | 30,901 |  |  |  | 66,945 |  |  |  | — |  |  |  | 98,294 |
Cash and cash equivalents, end of the period |  | $ | 598 |  |  | $ | 58,197 |  |  | $ | 64,247 |  |  | $ | — |  |  | $ | 123,042 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2013
(Expressed in thousands) |  | Parent |  |  | Guarantor subsidiaries |  |  | Non-Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Cash flows from operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) for the period |  | $ | (3,239 | ) |  | $ | 2,221 |  |  | $ | 4,911 |  |  | $ | — |  |  | $ | 3,893 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization of office facilities and leasehold improvements |  |  | — |  |  |  | — |  |  |  | 2,514 |  |  |  | — |  |  |  | 2,514 |
Deferred income taxes |  |  | — |  |  |  | — |  |  |  | 14,560 |  |  |  | — |  |  |  | 14,560 |
Amortization of notes receivable |  |  | — |  |  |  | — |  |  |  | 4,739 |  |  |  | — |  |  |  | 4,739 |
Amortization of debt issuance costs |  |  | 160 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 160 |
Amortization of mortgage servicing rights |  |  | — |  |  |  | — |  |  |  | 640 |  |  |  | — |  |  |  | 640 |
Provision for (reversal of) credit losses |  |  | — |  |  |  | — |  |  |  | (17 | ) |  |  | — |  |  |  | (17 | )
Share-based compensation expense |  |  | — |  |  |  | — |  |  |  | 1,879 |  |  |  | — |  |  |  | 1,879 |
Changes in operating assets and liabilities |  |  | 4,581 |  |  |  | (11,485 | ) |  |  | (127,135 | ) |  |  | — |  |  |  | (134,039 | )
Cash provided by (used in) continuing operations |  |  | 1,502 |  |  |  | (9,264 | ) |  |  | (97,909 | ) |  |  | — |  |  |  | (105,671 | )
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase of office facilities |  |  | — |  |  |  | — |  |  |  | (5,120 | ) |  |  | — |  |  |  | (5,120 | )
Cash used in investing activities |  |  | — |  |  |  | — |  |  |  | (5,120 | ) |  |  | — |  |  |  | (5,120 | )
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock |  |  | (1,497 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,497 | )
Other financing activities |  |  | — |  |  |  | — |  |  |  | 75,700 |  |  |  | — |  |  |  | 75,700 |
Cash flow provided by (used in) financing activities |  |  | (1,497 | ) |  |  | — |  |  |  | 75,700 |  |  |  | — |  |  |  | 74,203 |
Net increase (decrease) in cash and cash equivalents |  |  | 5 |  |  |  | (9,264 | ) |  |  | (27,329 | ) |  |  | — |  |  |  | (36,588 | )
Cash and cash equivalents, beginning of the period |  |  | 35 |  |  |  | 40,658 |  |  |  | 94,673 |  |  |  | — |  |  |  | 135,366 |
Cash and cash equivalents, end of the period |  | $ | 40 |  |  | $ | 31,394 |  |  | $ | 67,344 |  |  | $ | — |  |  | $ | 98,778 |

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