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Earnings Per Share | 6 Months Ended
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Jun. 30, 2016
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings per share Basic earnings per share is computed by dividing net income attributable to Oppenheimer Holdings Inc. by the weighted average number of shares of Class A Stock and Class B Stock outstanding. Diluted earnings per share includes the weighted average number of shares of Class A Stock and Class B Stock outstanding and options to purchase Class A Stock and unvested restricted stock awards of Class A Stock using the treasury stock method. Earnings per share have been calculated as follows:
(Expressed in thousands, except number of shares and per share amounts) |  |  |  |  |  |  |
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Net income (loss) from continuing operations | $ | (2,619 | ) |  | $ | (1,501 | ) |  | $ | (6,147 | ) |  | $ | 2,158 |
Net income from discontinued operations | 9,330 |  |  | 2,146 |  |  | 8,949 |  |  | 4,608 |
Net income | 6,711 |  |  | 645 |  |  | 2,802 |  |  | 6,766 |
Less net income attributable to noncontrolling interest, net of tax | 1,523 |  |  | 350 |  |  | 1,461 |  |  | 752 |
Net income attributable to Oppenheimer Holdings Inc. | $ | 5,188 |  |  | $ | 295 |  |  | $ | 1,341 |  |  | $ | 6,014 |
Basic weighted average number of shares outstanding | 13,367,248 |  |  | 13,745,957 |  |  | 13,373,537 |  |  | 13,725,208 |
Net dilutive effect of share-based awards, treasury method (1) | — |  |  | — |  |  | — |  |  | 617,266 |
Diluted weighted average number of shares outstanding | 13,367,248 |  |  | 13,745,957 |  |  | 13,373,537 |  |  | 14,342,474 |
Basic earnings (loss) per share attributable to Oppenheimer Holdings Inc. |  |  |  |  |  |  |
Continuing operations | $ | (0.20 | ) |  | $ | (0.11 | ) |  | $ | (0.46 | ) |  | $ | 0.16 |
Discontinued operations | 0.59 |  |  | 0.13 |  |  | 0.56 |  |  | 0.28 |
Net earnings per share attributable to Oppenheimer Holdings Inc. | $ | 0.39 |  |  | $ | 0.02 |  |  | $ | 0.10 |  |  | $ | 0.44 |
Diluted earnings (loss) per share attributable to Oppenheimer Holdings Inc. |  |  |  |  |  |  |
Continuing operations | $ | (0.20 | ) |  | $ | (0.11 | ) |  | $ | (0.46 | ) |  | $ | 0.15 |
Discontinued operations | 0.59 |  |  | 0.13 |  |  | 0.56 |  |  | 0.27 |
Net earnings per share attributable to Oppenheimer Holdings Inc. | $ | 0.39 |  |  | $ | 0.02 |  |  | $ | 0.10 |  |  | $ | 0.42 |
(1) | For both the three and six months ended June 30, 2016, the diluted earnings per share computation does not include the anti-dilutive effect of 1,271,124 shares of Class A Stock granted under share-based compensation arrangements (1,312,760 and 40,309, respectively, for the three and six months ended June 30, 2015).

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