XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2018
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 non-voting common stock ("Class A Stock") and Class B voting common stock ("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 September 30, |  | For the Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Basic weighted average number of shares outstanding | 13,269,024 |  |  | 13,213,139 |  |  | 13,252,596 |  |  | 13,290,399 |
Net dilutive effect of share-based awards, treasury method (1) | 871,239 |  |  | 550,377 |  |  | 790,730 |  |  | 499,737 |
Diluted weighted average number of shares outstanding | 14,140,263 |  |  | 13,763,516 |  |  | 14,043,326 |  |  | 13,790,136 |
Net income from continuing operations | $ | 5,061 |  |  | $ | 7,403 |  |  | $ | 20,609 |  |  | $ | 702 |
Net income from discontinued operations | — |  |  | 461 |  |  | — |  |  | 1,101 |
Net income | 5,061 |  |  | 7,864 |  |  | 20,609 |  |  | 1,803 |
Less net income (loss) attributable to non-controlling interest, net of tax | (10 | ) |  | 75 |  |  | (22 | ) |  | 180 |
Net income attributable to Oppenheimer Holdings Inc. | $ | 5,071 |  |  | $ | 7,789 |  |  | $ | 20,631 |  |  | $ | 1,623 |
Basic net income per share attributable to Oppenheimer Holdings Inc. |  |  |  |  |  |  |
Continuing operations | $ | 0.38 |  |  | $ | 0.56 |  |  | $ | 1.56 |  |  | $ | 0.05 |
Discontinued operations (2) | — |  |  | 0.03 |  |  | — |  |  | 0.07 |
Net income per share | $ | 0.38 |  |  | $ | 0.59 |  |  | $ | 1.56 |  |  | $ | 0.12 |
Diluted net income per share attributable to Oppenheimer Holdings Inc. |  |  |  |  |  |  |
Continuing operations | $ | 0.36 |  |  | $ | 0.54 |  |  | $ | 1.47 |  |  | $ | 0.05 |
Discontinued operations (2) | — |  |  | 0.03 |  |  | — |  |  | 0.07 |
Net income per share | $ | 0.36 |  |  | $ | 0.57 |  |  | $ | 1.47 |  |  | $ | 0.12 |
(1) | For both the three and nine months ended September 30, 2018, the diluted net income per share computation does not include the anti-dilutive effect of 4,050 shares of Class A Stock granted under share-based compensation arrangements (15,450 shares for both the three and nine months ended September 30, 2017).
(2) | Represents net income from discontinued operations less net income attributable to non-controlling interest, net of tax divided by weighted average number of shares outstanding.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration