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Condensed Consolidating Financial Information (Tables) | 6 Months Ended
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Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 73,653 |  |  | $ | 3,232 |  |  | $ | 39,697 |  |  | $ | — |  |  | $ | 116,582 |
Deposits with clearing organizations | — |  |  | — |  |  | 40,685 |  |  | — |  |  | 40,685 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 224,706 |  |  | — |  |  | 224,706 |
Receivable from customers, net of allowance for credit losses of $790 | — |  |  | — |  |  | 873,815 |  |  | — |  |  | 873,815 |
Income tax receivable | 46,208 |  |  | 28,430 |  |  | — |  |  | (64,533 | ) |  | 10,105 |
Securities purchased under agreements to resell, $3,617 at fair value | — |  |  | — |  |  | 4,852 |  |  | — |  |  | 4,852 |
Securities owned, including amounts pledged of $644,359, at fair value | — |  |  | 1,275 |  |  | 985,157 |  |  | — |  |  | 986,432 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $23,735 and $7,445, respectively | — |  |  | — |  |  | 36,240 |  |  | — |  |  | 36,240 |
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $86,502 | — |  |  | 20,834 |  |  | 5,691 |  |  | — |  |  | 26,525 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 108 |  |  | 1,638 |  |  | 116,242 |  |  | — |  |  | 117,988 |
Deferred tax assets | 808 |  |  | — |  |  | 34,722 |  |  | (35,530 | ) |  | — |
Investment in subsidiaries | 588,206 |  |  | 477,259 |  |  | — |  |  | (1,065,465 | ) |  | — |
Intercompany receivables | — |  |  | 78,365 |  |  | — |  |  | (78,365 | ) |  | — |
Total assets | $ | 708,983 |  |  | $ | 723,591 |  |  | $ | 2,531,396 |  |  | $ | (1,356,451 | ) |  | $ | 2,607,519 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 29,767 |  |  | $ | — |  |  | $ | 29,767 |
Bank call loans | — |  |  | — |  |  | 230,400 |  |  | — |  |  | 230,400 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 239,578 |  |  | — |  |  | 239,578 |
Payable to customers | — |  |  | — |  |  | 498,562 |  |  | — |  |  | 498,562 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 457,809 |  |  | — |  |  | 457,809 |
Securities sold but not yet purchased, at fair value | — |  |  | — |  |  | 234,778 |  |  | — |  |  | 234,778 |
Accrued compensation | — |  |  | — |  |  | 113,088 |  |  | — |  |  | 113,088 |
Accounts payable and other liabilities | 1,226 |  |  | 34,163 |  |  | 53,676 |  |  | — |  |  | 89,065 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 39,904 |  |  | (64,533 | ) |  | — |
Senior secured notes, net of debt issuance costs of $1,104 | 198,896 |  |  | — |  |  | — |  |  | — |  |  | 198,896 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities, net of deferred tax assets of $61,296 | — |  |  | 25 |  |  | 49,967 |  |  | (35,530 | ) |  | 14,462 |
Intercompany payables | 7,221 |  |  | 62,163 |  |  | 8,981 |  |  | (78,365 | ) |  | — |
Total liabilities | 209,783 |  |  | 118,540 |  |  | 2,069,068 |  |  | (290,986 | ) |  | 2,106,405 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 499,200 |  |  | 605,051 |  |  | 460,414 |  |  | (1,065,465 | ) |  | 499,200 |
Noncontrolling interest | — |  |  | — |  |  | 1,914 |  |  | — |  |  | 1,914 |
Total stockholders' equity | 499,200 |  |  | 605,051 |  |  | 462,328 |  |  | (1,065,465 | ) |  | 501,114 |
Total liabilities and stockholders' equity | $ | 708,983 |  |  | $ | 723,591 |  |  | $ | 2,531,396 |  |  | $ | (1,356,451 | ) |  | $ | 2,607,519 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 229 |  |  | $ | 10,284 |  |  | $ | 54,400 |  |  | $ | — |  |  | $ | 64,913 |
Deposits with clearing organizations | — |  |  | — |  |  | 38,185 |  |  | — |  |  | 38,185 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 214,934 |  |  | — |  |  | 214,934 |
Receivable from customers, net of allowance for credit losses of $794 | — |  |  | — |  |  | 847,386 |  |  | — |  |  | 847,386 |
Income tax receivable | 41,996 |  |  | 28,289 |  |  | — |  |  | (64,469 | ) |  | 5,816 |
Securities purchased under agreements to resell, at fair value | — |  |  | — |  |  | 24,006 |  |  | — |  |  | 24,006 |
Securities owned, including amounts pledged of $438,385 at fair value | — |  |  | 23,227 |  |  | 683,881 |  |  | — |  |  | 707,108 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $24,826 and $6,784, respectively | — |  |  | — |  |  | 30,099 |  |  | — |  |  | 30,099 |
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $84,073 | — |  |  | 21,963 |  |  | 5,270 |  |  | — |  |  | 27,233 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 71 |  |  | 2,598 |  |  | 104,992 |  |  | — |  |  | 107,661 |
Deferred tax assets | 394 |  |  | 309 |  |  | 37,961 |  |  | (38,664 | ) |  | — |
Investment in subsidiaries | 584,767 |  |  | 483,623 |  |  | — |  |  | (1,068,390 | ) |  | — |
Intercompany receivables | 37,906 |  |  | 37,914 |  |  | — |  |  | (75,820 | ) |  | — |
Total assets | $ | 665,363 |  |  | $ | 720,765 |  |  | $ | 2,210,703 |  |  | $ | (1,359,901 | ) |  | $ | 2,236,930 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 39,228 |  |  | $ | — |  |  | $ | 39,228 |
Bank call loans | — |  |  | — |  |  | 145,800 |  |  | — |  |  | 145,800 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 221,389 |  |  | — |  |  | 221,389 |
Payable to customers | — |  |  | — |  |  | 449,946 |  |  | — |  |  | 449,946 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 378,084 |  |  | — |  |  | 378,084 |
Securities sold but not yet purchased, at fair value | — |  |  | — |  |  | 85,050 |  |  | — |  |  | 85,050 |
Accrued compensation | — |  |  | — |  |  | 145,053 |  |  | — |  |  | 145,053 |
Accounts payable and other liabilities | 2,868 |  |  | 34,920 |  |  | 58,769 |  |  | — |  |  | 96,557 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 39,840 |  |  | (64,469 | ) |  | — |
Senior secured notes, net of debt issuance costs of $648 | 149,352 |  |  | — |  |  | — |  |  | — |  |  | 149,352 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities, net of deferred assets of $59,062 | — |  |  | 7 |  |  | 51,794 |  |  | (38,664 | ) |  | 13,137 |
Intercompany payables | — |  |  | 62,205 |  |  | 13,615 |  |  | (75,820 | ) |  | — |
Total liabilities | 154,660 |  |  | 119,321 |  |  | 1,741,126 |  |  | (291,511 | ) |  | 1,723,596 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 510,703 |  |  | 601,444 |  |  | 466,946 |  |  | (1,068,390 | ) |  | 510,703 |
Noncontrolling interest | — |  |  | — |  |  | 2,631 |  |  | — |  |  | 2,631 |
Total stockholders' equity | 510,703 |  |  | 601,444 |  |  | 469,577 |  |  | (1,068,390 | ) |  | 513,334 |
Total liabilities and stockholders' equity | $ | 665,363 |  |  | $ | 720,765 |  |  | $ | 2,210,703 |  |  | $ | (1,359,901 | ) |  | $ | 2,236,930 |
Condensed Consolidating Statement of Operations |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 83,852 |  |  | $ | — |  |  | $ | 83,852 |
Advisory fees | — |  |  | — |  |  | 73,126 |  |  | (343 | ) |  | 72,783 |
Investment banking | — |  |  | — |  |  | 18,386 |  |  | (3,000 | ) |  | 15,386 |
Interest | — |  |  | 2,559 |  |  | 12,845 |  |  | (2,575 | ) |  | 12,829 |
Principal transactions, net | — |  |  | 9 |  |  | 5,293 |  |  | — |  |  | 5,302 |
Other | — |  |  | 90 |  |  | 25,731 |  |  | (89 | ) |  | 25,732 |
Total revenue | — |  |  | 2,658 |  |  | 219,233 |  |  | (6,007 | ) |  | 215,884 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 367 |  |  | — |  |  | 142,290 |  |  | — |  |  | 142,657 |
Communications and technology | 49 |  |  | — |  |  | 18,350 |  |  | — |  |  | 18,399 |
Occupancy and equipment costs | — |  |  | — |  |  | 15,250 |  |  | (89 | ) |  | 15,161 |
Clearing and exchange fees | — |  |  | — |  |  | 5,916 |  |  | — |  |  | 5,916 |
Interest | 3,709 |  |  | — |  |  | 5,720 |  |  | (2,575 | ) |  | 6,854 |
Other | 3,922 |  |  | 195 |  |  | 27,760 |  |  | (3,343 | ) |  | 28,534 |
Total expenses | 8,047 |  |  | 195 |  |  | 215,286 |  |  | (6,007 | ) |  | 217,521 |
Income (loss) before income taxes | (8,047 | ) |  | 2,463 |  |  | 3,947 |  |  | — |  |  | (1,637 | )
Income taxes | (3,098 | ) |  | 956 |  |  | 1,868 |  |  | — |  |  | (274 | )
Net income (loss) from continuing operations | (4,949 | ) |  | 1,507 |  |  | 2,079 |  |  | — |  |  | (1,363 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 89 |  |  | — |  |  | 89 |
Income taxes | — |  |  | — |  |  | 36 |  |  | — |  |  | 36 |
Net income from discontinued operations | — |  |  | — |  |  | 53 |  |  | — |  |  | 53 |
Equity in earnings of subsidiaries | 3,630 |  |  | 2,123 |  |  | — |  |  | (5,753 | ) |  | — |
Net income (loss) | (1,319 | ) |  | 3,630 |  |  | 2,132 |  |  | (5,753 | ) |  | (1,310 | )
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 9 |  |  | — |  |  | 9 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (1,319 | ) |  | 3,630 |  |  | 2,123 |  |  | (5,753 | ) |  | (1,319 | )
Other comprehensive income | — |  |  | — |  |  | 780 |  |  | — |  |  | 780 |
Total comprehensive income (loss) | $ | (1,319 | ) |  | $ | 3,630 |  |  | $ | 2,903 |  |  | $ | (5,753 | ) |  | $ | (539 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 170,569 |  |  | $ | — |  |  | $ | 170,569 |
Advisory fees | — |  |  | — |  |  | 142,855 |  |  | (663 | ) |  | 142,192 |
Investment banking | — |  |  | — |  |  | 36,407 |  |  | (3,000 | ) |  | 33,407 |
Interest | — |  |  | 5,138 |  |  | 23,407 |  |  | (5,151 | ) |  | 23,394 |
Principal transactions, net | — |  |  | 15 |  |  | 10,660 |  |  | — |  |  | 10,675 |
Other | — |  |  | 178 |  |  | 48,907 |  |  | (177 | ) |  | 48,908 |
Total revenue | — |  |  | 5,331 |  |  | 432,805 |  |  | (8,991 | ) |  | 429,145 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 705 |  |  | — |  |  | 285,830 |  |  | — |  |  | 286,535 |
Communications and technology | 79 |  |  | — |  |  | 36,026 |  |  | — |  |  | 36,105 |
Occupancy and equipment costs | — |  |  | — |  |  | 30,610 |  |  | (177 | ) |  | 30,433 |
Clearing and exchange fees | — |  |  | — |  |  | 11,770 |  |  | — |  |  | 11,770 |
Interest | 6,990 |  |  | — |  |  | 10,371 |  |  | (5,151 | ) |  | 12,210 |
Other | 4,249 |  |  | 267 |  |  | 59,901 |  |  | (3,663 | ) |  | 60,754 |
Total expenses | 12,023 |  |  | 267 |  |  | 434,508 |  |  | (8,991 | ) |  | 437,807 |
Income (loss) before income taxes | (12,023 | ) |  | 5,064 |  |  | (1,703 | ) |  | — |  |  | (8,662 | )
Income taxes | (4,626 | ) |  | 1,876 |  |  | 789 |  |  | — |  |  | (1,961 | )
Net income (loss) from continuing operations | (7,397 | ) |  | 3,188 |  |  | (2,492 | ) |  | — |  |  | (6,701 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 1,065 |  |  | — |  |  | 1,065 |
Income taxes | — |  |  | — |  |  | 425 |  |  | — |  |  | 425 |
Net income from discontinued operations | — |  |  | — |  |  | 640 |  |  | — |  |  | 640 |
Equity in earnings of subsidiaries | 1,231 |  |  | (1,957 | ) |  | — |  |  | 726 |  |  | — |
Net income (loss) | (6,166 | ) |  | 1,231 |  |  | (1,852 | ) |  | 726 |  |  | (6,061 | )
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 105 |  |  | — |  |  | 105 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (6,166 | ) |  | 1,231 |  |  | (1,957 | ) |  | 726 |  |  | (6,166 | )
Other comprehensive income | — |  |  | — |  |  | 2,204 |  |  | — |  |  | 2,204 |
Total comprehensive income (loss) | $ | (6,166 | ) |  | $ | 1,231 |  |  | $ | 247 |  |  | $ | 726 |  |  | $ | (3,962 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 92,591 |  |  | $ | — |  |  | $ | 92,591 |
Advisory fees | — |  |  | — |  |  | 66,511 |  |  | (407 | ) |  | 66,104 |
Investment banking | — |  |  | — |  |  | 18,881 |  |  | — |  |  | 18,881 |
Interest | — |  |  | 2,556 |  |  | 12,016 |  |  | (2,565 | ) |  | 12,007 |
Principal transactions, net | — |  |  | 22 |  |  | 7,555 |  |  | — |  |  | 7,577 |
Other | — |  |  | 81 |  |  | 14,913 |  |  | (80 | ) |  | 14,914 |
Total revenue | — |  |  | 2,659 |  |  | 212,467 |  |  | (3,052 | ) |  | 212,074 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 356 |  |  | — |  |  | 141,365 |  |  | — |  |  | 141,721 |
Communications and technology | 34 |  |  | — |  |  | 17,604 |  |  | — |  |  | 17,638 |
Occupancy and equipment costs | — |  |  | — |  |  | 15,064 |  |  | (80 | ) |  | 14,984 |
Clearing and exchange fees | — |  |  | — |  |  | 6,199 |  |  | — |  |  | 6,199 |
Interest | 3,282 |  |  | — |  |  | 4,255 |  |  | (2,565 | ) |  | 4,972 |
Other | 523 |  |  | 2 |  |  | 31,688 |  |  | (407 | ) |  | 31,806 |
Total expenses | 4,195 |  |  | 2 |  |  | 216,175 |  |  | (3,052 | ) |  | 217,320 |
Income (loss) before income taxes | (4,195 | ) |  | 2,657 |  |  | (3,708 | ) |  | — |  |  | (5,246 | )
Income taxes | (3,272 | ) |  | 999 |  |  | (118 | ) |  | — |  |  | (2,391 | )
Net income (loss) from continuing operations | (923 | ) |  | 1,658 |  |  | (3,590 | ) |  | — |  |  | (2,855 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 15,366 |  |  | — |  |  | 15,366 |
Income taxes | — |  |  | — |  |  | 5,800 |  |  | — |  |  | 5,800 |
Net income from discontinued operations | — |  |  | — |  |  | 9,566 |  |  | — |  |  | 9,566 |
Equity in earnings of subsidiaries | 6,111 |  |  | 4,453 |  |  | — |  |  | (10,564 | ) |  | — |
Net income | 5,188 |  |  | 6,111 |  |  | 5,976 |  |  | (10,564 | ) |  | 6,711 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,523 |  |  | — |  |  | 1,523 |
Net income attributable to Oppenheimer Holdings Inc. | 5,188 |  |  | 6,111 |  |  | 4,453 |  |  | (10,564 | ) |  | 5,188 |
Other comprehensive loss | — |  |  | — |  |  | (654 | ) |  | — |  |  | (654 | )
Total comprehensive income | $ | 5,188 |  |  | $ | 6,111 |  |  | $ | 3,799 |  |  | $ | (10,564 | ) |  | $ | 4,534 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 196,424 |  |  | $ | — |  |  | $ | 196,424 |
Advisory fees | — |  |  | — |  |  | 132,890 |  |  | (760 | ) |  | 132,130 |
Investment banking | — |  |  | — |  |  | 31,264 |  |  | — |  |  | 31,264 |
Interest | — |  |  | 5,113 |  |  | 25,068 |  |  | (5,132 | ) |  | 25,049 |
Principal transactions, net | — |  |  | 52 |  |  | 14,143 |  |  | — |  |  | 14,195 |
Other | — |  |  | 159 |  |  | 27,967 |  |  | (158 | ) |  | 27,968 |
Total revenue | — |  |  | 5,324 |  |  | 427,756 |  |  | (6,050 | ) |  | 427,030 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 743 |  |  | — |  |  | 289,473 |  |  | — |  |  | 290,216 |
Communications and technology | 62 |  |  | — |  |  | 35,256 |  |  | — |  |  | 35,318 |
Occupancy and equipment costs | — |  |  | — |  |  | 30,045 |  |  | (158 | ) |  | 29,887 |
Clearing and exchange fees | — |  |  | — |  |  | 13,120 |  |  | — |  |  | 13,120 |
Interest | 6,563 |  |  | — |  |  | 8,408 |  |  | (5,132 | ) |  | 9,839 |
Other | 1,196 |  |  | 5 |  |  | 60,795 |  |  | (760 | ) |  | 61,236 |
Total expenses | 8,564 |  |  | 5 |  |  | 437,097 |  |  | (6,050 | ) |  | 439,616 |
Income (loss) before income taxes | (8,564 | ) |  | 5,319 |  |  | (9,341 | ) |  | — |  |  | (12,586 | )
Income taxes | (4,986 | ) |  | 2,003 |  |  | (3,456 | ) |  | — |  |  | (6,439 | )
Net income (loss) from continuing operations | (3,578 | ) |  | 3,316 |  |  | (5,885 | ) |  | — |  |  | (6,147 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 14,709 |  |  | — |  |  | 14,709 |
Income taxes | — |  |  | — |  |  | 5,760 |  |  | — |  |  | 5,760 |
Net income from discontinued operations | — |  |  | — |  |  | 8,949 |  |  | — |  |  | 8,949 |
Equity in earnings of subsidiaries | 4,919 |  |  | 1,603 |  |  | — |  |  | (6,522 | ) |  | — |
Net income | 1,341 |  |  | 4,919 |  |  | 3,064 |  |  | (6,522 | ) |  | 2,802 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,461 |  |  | — |  |  | 1,461 |
Net income attributable to Oppenheimer Holdings Inc. | 1,341 |  |  | 4,919 |  |  | 1,603 |  |  | (6,522 | ) |  | 1,341 |
Other comprehensive income | — |  |  | — |  |  | 219 |  |  | — |  |  | 219 |
Total comprehensive income | $ | 1,341 |  |  | $ | 4,919 |  |  | $ | 1,822 |  |  | $ | (6,522 | ) |  | $ | 1,560 |
Condensed Consolidating Statement of Cash Flows |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 34,273 |  |  | $ | (7,052 | ) |  | $ | (97,606 | ) |  | $ | — |  |  | $ | (70,385 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (2,075 | ) |  | — |  |  | (2,075 | )
Proceeds from the settlement of company-owned life insurance | — |  |  | — |  |  | 1,194 |  |  | — |  |  | 1,194 |
Cash used in investing activities | — |  |  | — |  |  | (881 | ) |  | — |  |  | (881 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (2,940 | ) |  | — |  |  |  |  |  | — |  |  | (2,940 | )
Cash dividends paid to noncontrolling interest | — |  |  | — |  |  | (816 | ) |  | — |  |  | (816 | )
Repurchase of Class A non-voting common stock for cancellation | (5,159 | ) |  | — |  |  | — |  |  | — |  |  | (5,159 | )
Payments for employee taxes withheld related to vested share-based awards | (2,203 | ) |  | — |  |  | — |  |  | — |  |  | (2,203 | )
Issuance of senior secured note | 200,000 |  |  | — |  |  | — |  |  | — |  |  | 200,000 |
Redemption of senior secured notes | (150,000 | ) |  | — |  |  | — |  |  | — |  |  | (150,000 | )
Debt issuance costs | (547 | ) |  | — |  |  | — |  |  | — |  |  | (547 | )
Increase in bank call loans, net | — |  |  | — |  |  | 84,600 |  |  | — |  |  | 84,600 |
Cash provided by financing activities | 39,151 |  |  | — |  |  | 83,784 |  |  | — |  |  | 122,935 |
Net increase (decrease) in cash and cash equivalents | 73,424 |  |  | (7,052 | ) |  | (14,703 | ) |  | — |  |  | 51,669 |
Cash and cash equivalents, beginning of the period | 229 |  |  | 10,284 |  |  | 54,400 |  |  | — |  |  | 64,913 |
Cash and cash equivalents, end of the period | $ | 73,653 |  |  | $ | 3,232 |  |  | $ | 39,697 |  |  | $ | — |  |  | $ | 116,582 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 7,785 |  |  | $ | (2,061 | ) |  | $ | (45,845 | ) |  | $ | — |  |  | $ | (40,121 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (2,572 | ) |  | — |  |  | (2,572 | )
Proceeds from sale of assets | — |  |  | — |  |  | 43,252 |  |  | — |  |  | 43,252 |
Cash provided by investing activities | — |  |  | — |  |  | 40,680 |  |  | — |  |  | 40,680 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (2,947 | ) |  | — |  |  | — |  |  | — |  |  | (2,947 | )
Repurchase of Class A non-voting common stock for cancellation | (3,798 | ) |  | — |  |  | — |  |  | — |  |  | (3,798 | )
Payments for employee taxes withheld related to vested share-based awards | (1,341 | ) |  | — |  |  | — |  |  | — |  |  | (1,341 | )
Increase in bank call loans, net | — |  |  | — |  |  | 51,700 |  |  | — |  |  | 51,700 |
Cash provided by (used in) financing activities | (8,086 | ) |  | — |  |  | 51,700 |  |  | — |  |  | 43,614 |
Net increase (decrease) in cash and cash equivalents | (301 | ) |  | (2,061 | ) |  | 46,535 |  |  | — |  |  | 44,173 |
Cash and cash equivalents, beginning of the period | 907 |  |  | 2,586 |  |  | 59,871 |  |  | — |  |  | 63,364 |
Cash and cash equivalents, end of the period | $ | 606 |  |  | $ | 525 |  |  | $ | 106,406 |  |  | $ | — |  |  | $ | 107,537 |

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