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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUE        
Commissions $ 77,635 $ 90,023 $ 248,204 $ 286,447
Advisory fees 74,329 67,452 216,521 199,582
Investment banking 23,940 20,280 57,347 51,544
Interest 12,952 11,291 36,346 36,340
Principal transactions, net 5,135 4,922 15,810 19,117
Other 32,229 17,836 81,137 45,804
Total revenue 226,220 211,804 655,365 638,834
EXPENSES        
Compensation and related expenses 142,090 142,308 428,625 432,524
Communications and technology 17,781 17,201 53,886 52,519
Occupancy and equipment costs 15,288 14,909 45,721 44,796
Clearing and exchange fees 5,622 5,886 17,392 19,006
Interest 6,500 4,687 18,710 14,526
Other 27,111 28,623 87,865 89,859
Total expenses 214,392 213,614 652,199 653,230
Income (Loss) before income taxes from continuing operations 11,828 (1,810) 3,166 (14,396)
Income taxes 4,425 (751) 2,464 (7,190)
Net income (loss) from continuing operations 7,403 (1,059) 702 (7,206)
Income from discontinued operations 769 888 1,834 15,597
Income taxes 308 475 733 6,235
Net income from discontinued operations 461 413 1,101 9,362
Net income 7,864 (646) 1,803 2,156
Less net income attributable to noncontrolling interest, net of tax 75 66 180 1,527
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 7,789 $ (712) $ 1,623 $ 629
Basic net income (loss) per share attributable to Oppenheimer Holdings Inc.        
Continuing operations, basic (in dollars per share) $ 0.56 $ (0.08) $ 0.05 $ (0.54)
Discontinued operations, basic (in dollars per share) 0.03 0.03 0.07 0.59
Basic (in dollars per share) 0.59 (0.05) 0.12 0.05
Diluted net income (loss) per share attributable to Oppenheimer Holdings Inc.        
Continuing operations, diluted (in dollars per share) 0.54 (0.08) 0.05 (0.54)
Discontinued operations, diluted (in dollars per share) 0.03 0.03 0.07 0.59
Diluted (in dollars per share) 0.57 (0.05) 0.12 0.05
Dividends declared per share (in dollars per share) $ 0.11 $ 0.11 $ 0.33 $ 0.33
Weighted average shares        
Basic (in shares) 13,213,139 13,366,863 13,290,399 13,371,296
Diluted (in shares) 13,763,516 13,366,863 13,790,136 13,371,296