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Supplemental Guarantor Consolidated Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 7,442 |  |  | $ | 3,716 |  |  | $ | 36,996 |  |  | $ | — |  |  | $ | 48,154 |
Deposits with clearing organizations | — |  |  | — |  |  | 42,222 |  |  | — |  |  | 42,222 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 187,115 |  |  | — |  |  | 187,115 |
Receivable from customers, net of allowance for credit losses of $769 | — |  |  | — |  |  | 848,226 |  |  | — |  |  | 848,226 |
Income tax receivable | 45,998 |  |  | 26,025 |  |  | — |  |  | (69,084 | ) |  | 2,939 |
Securities purchased under agreements to resell | — |  |  | — |  |  | 658 |  |  | — |  |  | 658 |
Securities owned, including amounts pledged of $655,683, at fair value | — |  |  | 1,386 |  |  | 925,211 |  |  | — |  |  | 926,597 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $24,705 and $7,975, respectively | — |  |  | — |  |  | 40,520 |  |  | — |  |  | 40,520 |
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $82,826 | — |  |  | 20,221 |  |  | 6,966 |  |  | — |  |  | 27,187 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 133 |  |  | 2,573 |  |  | 142,604 |  |  | — |  |  | 145,310 |
Deferred tax assets | 3,502 |  |  | — |  |  | 18,463 |  |  | (21,965 | ) |  | — |
Investment in subsidiaries | 622,824 |  |  | 507,747 |  |  | — |  |  | (1,130,571 | ) |  | — |
Intercompany receivables | 52,149 |  |  | 83,437 |  |  | — |  |  | (135,586 | ) |  | — |
Total assets | $ | 732,048 |  |  | $ | 757,663 |  |  | $ | 2,418,570 |  |  | $ | (1,469,764 | ) |  | $ | 2,438,517 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 42,412 |  |  | $ | — |  |  | $ | 42,412 |
Bank call loans | — |  |  | — |  |  | 118,300 |  |  | — |  |  | 118,300 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 211,483 |  |  | — |  |  | 211,483 |
Payable to customers | — |  |  | — |  |  | 385,907 |  |  | — |  |  | 385,907 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 586,478 |  |  | — |  |  | 586,478 |
Securities sold but not yet purchased, at fair value | — |  |  | — |  |  | 94,486 |  |  | — |  |  | 94,486 |
Accrued compensation | — |  |  | — |  |  | 173,116 |  |  | — |  |  | 173,116 |
Accounts payable and other liabilities | 7,221 |  |  | 33,994 |  |  | 51,280 |  |  | — |  |  | 92,495 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 44,455 |  |  | (69,084 | ) |  | — |
Senior secured notes, net of debt issuance cost of $1,163 | 198,837 |  |  | — |  |  | — |  |  | — |  |  | 198,837 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities | — |  |  | 17 |  |  | 33,040 |  |  | (21,965 | ) |  | 11,092 |
Intercompany payables | — |  |  | 62,163 |  |  | 73,423 |  |  | (135,586 | ) |  | — |
Total liabilities | 208,498 |  |  | 118,363 |  |  | 1,926,938 |  |  | (339,193 | ) |  | 1,914,606 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 523,550 |  |  | 639,300 |  |  | 491,271 |  |  | (1,130,571 | ) |  | 523,550 |
Noncontrolling interest | — |  |  | — |  |  | 361 |  |  | — |  |  | 361 |
Total stockholders' equity | 523,550 |  |  | 639,300 |  |  | 491,632 |  |  | (1,130,571 | ) |  | 523,911 |
Total liabilities and stockholders' equity | $ | 732,048 |  |  | $ | 757,663 |  |  | $ | 2,418,570 |  |  | $ | (1,469,764 | ) |  | $ | 2,438,517 |
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 | — |  |  | — |  |  | 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 | — |  |  | 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 YEAR ENDED DECEMBER 31, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 336,620 |  |  | $ | — |  |  | $ | 336,620 |
Advisory fees | — |  |  | 1,752 |  |  | 323,114 |  |  | (4,120 | ) |  | 320,746 |
Investment banking | — |  |  | — |  |  | 81,215 |  |  | (3,000 | ) |  | 78,215 |
Interest | — |  |  | 9,589 |  |  | 48,548 |  |  | (9,639 | ) |  | 48,498 |
Principal transactions, net | — |  |  | 17 |  |  | 23,256 |  |  | — |  |  | 23,273 |
Other | 22 |  |  | 361 |  |  | 112,962 |  |  | (359 | ) |  | 112,986 |
Total revenue | 22 |  |  | 11,719 |  |  | 925,715 |  |  | (17,118 | ) |  | 920,338 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,237 |  |  | — |  |  | 600,901 |  |  | — |  |  | 602,138 |
Communications and technology | 160 |  |  | — |  |  | 71,818 |  |  | — |  |  | 71,978 |
Occupancy and equipment costs | — |  |  | — |  |  | 61,523 |  |  | (359 | ) |  | 61,164 |
Clearing and exchange fees | — |  |  | — |  |  | 23,545 |  |  | — |  |  | 23,545 |
Interest | 13,740 |  |  | — |  |  | 24,253 |  |  | (9,639 | ) |  | 28,354 |
Other | 4,969 |  |  | 1,382 |  |  | 114,192 |  |  | (7,120 | ) |  | 113,423 |
Total expenses | 20,106 |  |  | 1,382 |  |  | 896,232 |  |  | (17,118 | ) |  | 900,602 |
Income (loss) before income taxes | (20,084 | ) |  | 10,337 |  |  | 29,483 |  |  | — |  |  | 19,736 |
Income taxes | (7,110 | ) |  | (12,655 | ) |  | 17,631 |  |  | — |  |  | (2,134 | )
Net income (loss) from continuing operations | (12,974 | ) |  | 22,992 |  |  | 11,852 |  |  | — |  |  | 21,870 |
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 2,071 |  |  | — |  |  | 2,071 |
Income taxes | — |  |  | — |  |  | 941 |  |  | — |  |  | 941 |
Net income from discontinued operations | — |  |  | — |  |  | 1,130 |  |  | — |  |  | 1,130 |
Equity in earnings of subsidiaries | 35,790 |  |  | 12,798 |  |  | — |  |  | (48,588 | ) |  | — |
Net income | 22,816 |  |  | 35,790 |  |  | 12,982 |  |  | (48,588 | ) |  | 23,000 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 184 |  |  | — |  |  | 184 |
Net income attributable to Oppenheimer Holdings Inc. | 22,816 |  |  | 35,790 |  |  | 12,798 |  |  | (48,588 | ) |  | 22,816 |
Other comprehensive income | — |  |  | — |  |  | 2,263 |  |  | — |  |  | 2,263 |
Total comprehensive income | $ | 22,816 |  |  | $ | 35,790 |  |  | $ | 15,061 |  |  | $ | (48,588 | ) |  | $ | 25,079 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 377,317 |  |  | $ | — |  |  | $ | 377,317 |
Advisory fees | — |  |  | 1,571 |  |  | 271,763 |  |  | (4,215 | ) |  | 269,119 |
Investment banking | — |  |  | — |  |  | 81,011 |  |  | — |  |  | 81,011 |
Interest | — |  |  | 10,242 |  |  | 47,804 |  |  | (10,397 | ) |  | 47,649 |
Principal transactions, net | — |  |  | 16 |  |  | 20,465 |  |  | — |  |  | 20,481 |
Other | — |  |  | 326 |  |  | 62,201 |  |  | (325 | ) |  | 62,202 |
Total revenue | — |  |  | 12,155 |  |  | 860,561 |  |  | (14,937 | ) |  | 857,779 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,241 |  |  | — |  |  | 583,469 |  |  | — |  |  | 584,710 |
Communications and technology | 124 |  |  | — |  |  | 70,266 |  |  | — |  |  | 70,390 |
Occupancy and equipment costs | — |  |  | — |  |  | 61,116 |  |  | (325 | ) |  | 60,791 |
Clearing and exchange fees | — |  |  | — |  |  | 25,126 |  |  | — |  |  | 25,126 |
Interest | 13,125 |  |  | — |  |  | 16,709 |  |  | (10,397 | ) |  | 19,437 |
Other | 1,887 |  |  | 1,284 |  |  | 120,261 |  |  | (4,215 | ) |  | 119,217 |
Total expenses | 16,377 |  |  | 1,284 |  |  | 876,947 |  |  | (14,937 | ) |  | 879,671 |
Income (loss) before income taxes | (16,377 | ) |  | 10,871 |  |  | (16,386 | ) |  | — |  |  | (21,892 | )
Income taxes | (8,296 | ) |  | 3,325 |  |  | (7,291 | ) |  | — |  |  | (12,262 | )
Net income (loss) from continuing operations | (8,081 | ) |  | 7,546 |  |  | (9,095 | ) |  | — |  |  | (9,630 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 17,339 |  |  | — |  |  | 17,339 |
Income taxes | — |  |  | — |  |  | 7,218 |  |  | — |  |  | 7,218 |
Net income from discontinued operations | — |  |  | — |  |  | 10,121 |  |  | — |  |  | 10,121 |
Equity in earnings of subsidiaries | 6,920 |  |  | (626 | ) |  | — |  |  | (6,294 | ) |  | — |
Net income (loss) | (1,161 | ) |  | 6,920 |  |  | 1,026 |  |  | (6,294 | ) |  | 491 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,652 |  |  | — |  |  | 1,652 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (1,161 | ) |  | 6,920 |  |  | (626 | ) |  | (6,294 | ) |  | (1,161 | )
Other comprehensive income | — |  |  | — |  |  | 220 |  |  | — |  |  | 220 |
Total comprehensive income (loss) | $ | (1,161 | ) |  | $ | 6,920 |  |  | $ | (406 | ) |  | $ | (6,294 | ) |  | $ | (941 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 417,559 |  |  | $ | — |  |  | $ | 417,559 |
Advisory fees | — |  |  | 1,296 |  |  | 282,633 |  |  | (3,682 | ) |  | 280,247 |
Investment banking | — |  |  | — |  |  | 102,540 |  |  | — |  |  | 102,540 |
Interest | — |  |  | 10,237 |  |  | 49,056 |  |  | (10,261 | ) |  | 49,032 |
Principal transactions, net | — |  |  | — |  |  | 15,244 |  |  | (64 | ) |  | 15,180 |
Other | — |  |  | 370 |  |  | 33,173 |  |  | (300 | ) |  | 33,243 |
Total revenue | — |  |  | 11,903 |  |  | 900,205 |  |  | (14,307 | ) |  | 897,801 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,185 |  |  | — |  |  | 609,635 |  |  | — |  |  | 610,820 |
Communications and technology | 142 |  |  | — |  |  | 66,407 |  |  | — |  |  | 66,549 |
Occupancy and equipment costs | — |  |  | — |  |  | 63,142 |  |  | (300 | ) |  | 62,842 |
Clearing and exchange fees | — |  |  | — |  |  | 26,022 |  |  | — |  |  | 26,022 |
Interest | 13,125 |  |  | — |  |  | 13,465 |  |  | (10,261 | ) |  | 16,329 |
Other | 1,663 |  |  | 892 |  |  | 118,858 |  |  | (3,746 | ) |  | 117,667 |
Total expenses | 16,115 |  |  | 892 |  |  | 897,529 |  |  | (14,307 | ) |  | 900,229 |
Income (loss) before income taxes | (16,115 | ) |  | 11,011 |  |  | 2,676 |  |  | — |  |  | (2,428 | )
Income taxes | (6,030 | ) |  | 5,553 |  |  | 883 |  |  | — |  |  | 406 |
Net income (loss) from continuing operations | (10,085 | ) |  | 5,458 |  |  | 1,793 |  |  | — |  |  | (2,834 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 9,139 |  |  | — |  |  | 9,139 |
Income taxes | — |  |  | — |  |  | 3,407 |  |  | — |  |  | 3,407 |
Net income from discontinued operations | — |  |  | — |  |  | 5,732 |  |  | — |  |  | 5,732 |
Equity in earnings of subsidiaries | 12,047 |  |  | 6,589 |  |  | — |  |  | (18,636 | ) |  | — |
Net income | 1,962 |  |  | 12,047 |  |  | 7,525 |  |  | (18,636 | ) |  | 2,898 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 936 |  |  | — |  |  | 936 |
Net income attributable to Oppenheimer Holdings Inc. | 1,962 |  |  | 12,047 |  |  | 6,589 |  |  | (18,636 | ) |  | 1,962 |
Other comprehensive income | — |  |  | — |  |  | 17 |  |  | — |  |  | 17 |
Total comprehensive income | $ | 1,962 |  |  | $ | 12,047 |  |  | $ | 6,606 |  |  | $ | (18,636 | ) |  | $ | 1,979 |
Condensed Consolidating Statement of Cash Flows | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2017
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | (25,979 | ) |  | $ | (6,568 | ) |  | $ | 16,411 |  |  | $ | — |  |  | $ | (16,136 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (5,611 | ) |  | — |  |  | (5,611 | )
Proceeds from the settlement of Company-owned life insurance | — |  |  | — |  |  | 1,744 |  |  | — |  |  | 1,744 |
Cash used in investing activities | — |  |  | — |  |  | (3,867 | ) |  | — |  |  | (3,867 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (5,836 | ) |  | — |  |  | — |  |  | — |  |  | (5,836 | )
Cash dividends paid to noncontrolling interest | — |  |  | — |  |  | (2,448 | ) |  | — |  |  | (2,448 | )
Issuance of Class A non-voting common stock | 26 |  |  | — |  |  | — |  |  | — |  |  | 26 |
Repurchase of Class A non-voting common stock for cancellation | (7,464 | ) |  | — |  |  | — |  |  | — |  |  | (7,464 | )
Payments of employee taxes withheld related to vested share-based awards | (2,237 | ) |  | — |  |  | — |  |  | — |  |  | (2,237 | )
Issuance of senior secured notes | 200,000 |  |  | — |  |  | — |  |  | — |  |  | 200,000 |
Redemption of senior secured notes | (150,000 | ) |  | — |  |  | — |  |  | — |  |  | (150,000 | )
Debt issuance costs | (1,297 | ) |  | — |  |  | — |  |  | — |  |  | (1,297 | )
Decrease in bank call loans, net | — |  |  | — |  |  | (27,500 | ) |  | — |  |  | (27,500 | )
Cash provided by (used in) in financing activities | 33,192 |  |  | — |  |  | (29,948 | ) |  | — |  |  | 3,244 |
Net increase (decrease) in cash and cash equivalents | 7,213 |  |  | (6,568 | ) |  | (17,404 | ) |  | — |  |  | (16,759 | )
Cash and cash equivalents, beginning of the year | 229 |  |  | 10,284 |  |  | 54,400 |  |  | — |  |  | 64,913 |
Cash and cash equivalents, end of the year | $ | 7,442 |  |  | $ | 3,716 |  |  | $ | 36,996 |  |  | $ | — |  |  | $ | 48,154 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 10,485 |  |  | $ | 7,698 |  |  | $ | (85,048 | ) |  | $ | — |  |  | $ | (66,865 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (5,731 | ) |  | — |  |  | (5,731 | )
Proceeds from sale of assets | — |  |  | — |  |  | 45,448 |  |  | — |  |  | 45,448 |
Cash provided by investing activities | — |  |  | — |  |  | 39,717 |  |  | — |  |  | 39,717 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (5,887 | ) |  | — |  |  | — |  |  | — |  |  | (5,887 | )
Cash dividends paid to noncontrolling interest | — |  |  | — |  |  | (5,740 | ) |  | — |  |  | (5,740 | )
Repurchase of Class A non-voting common stock for cancellation | (3,935 | ) |  | — |  |  | — |  |  | — |  |  | (3,935 | )
Payments of employee taxes withheld related to vested share-based awards | (1,341 | ) |  | — |  |  | — |  |  | — |  |  | (1,341 | )
Increase in bank call loans, net | — |  |  | — |  |  | 45,600 |  |  | — |  |  | 45,600 |
Cash provided by (used in) financing activities | (11,163 | ) |  | — |  |  | 39,860 |  |  | — |  |  | 28,697 |
Net increase (decrease) in cash and cash equivalents | (678 | ) |  | 7,698 |  |  | (5,471 | ) |  | — |  |  | 1,549 |
Cash and cash equivalents, beginning of the year | 907 |  |  | 2,586 |  |  | 59,871 |  |  | — |  |  | 63,364 |
Cash and cash equivalents, end of the year | $ | 229 |  |  | $ | 10,284 |  |  | $ | 54,400 |  |  | $ | — |  |  | $ | 64,913 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 16,409 |  |  | $ | 1,029 |  |  | $ | (36,851 | ) |  | $ | — |  |  | $ | (19,413 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (5,889 | ) |  | — |  |  | (5,889 | )
Cash used in investing activities | — |  |  | — |  |  | (5,889 | ) |  | — |  |  | (5,889 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (6,008 | ) |  | — |  |  | — |  |  | — |  |  | (6,008 | )
Repurchase of Class A non-voting common stock for cancellation | (8,250 | ) |  | — |  |  | — |  |  | — |  |  | (8,250 | )
Payments of employee taxes withheld related to vested share-based awards | (1,683 | ) |  | — |  |  | — |  |  | — |  |  | (1,683 | )
Redemption of senior secured notes | — |  |  | — |  |  | — |  |  | — |  |  | — |
Decrease in bank call loans, net | — |  |  | — |  |  | 40,800 |  |  | — |  |  | 40,800 |
Cash provided by (used in) financing activities | (15,941 | ) |  | — |  |  | 40,800 |  |  | — |  |  | 24,859 |
Net increase (decrease) in cash and cash equivalents | 468 |  |  | 1,029 |  |  | (1,940 | ) |  | — |  |  | (443 | )
Cash and cash equivalents, beginning of the year | 439 |  |  | 1,557 |  |  | 61,811 |  |  | — |  |  | 63,807 |
Cash and cash equivalents, end of the year | $ | 907 |  |  | $ | 2,586 |  |  | $ | 59,871 |  |  | $ | — |  |  | $ | 63,364 |

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