XML 62 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUE    
Commissions $ 122,138 $ 119,580
Advisory fees 68,205 56,720
Investment banking 33,524 18,448
Interest 12,390 12,371
Principal transactions, net 8,817 15,717
Other 10,094 16,310
Total revenue 255,168 239,146
EXPENSES    
Compensation and related expenses 171,950 159,209
Communications and technology 16,734 15,864
Occupancy and equipment costs 15,397 17,565
Clearing and exchange fees 5,892 6,042
Interest 5,164 6,862
Other 34,922 26,891
Total expenses 250,059 232,433
Income before income taxes 5,109 6,713
Income tax provision 1,689 2,820
Net income for the period 3,420 3,893
Less net income attributable to non-controlling interest, net of tax 196 230
Net income attributable to Oppenheimer Holdings Inc. $ 3,224 $ 3,663
Earnings per share attributable to Oppenheimer Holdings Inc.    
Basic $ 0.24 $ 0.27
Diluted $ 0.23 $ 0.26
Dividends declared per share $ 0.11 $ 0.11
Weighted average shares    
Basic 13,536,805 13,607,998
Diluted 14,114,957 14,028,715