XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUE        
Commissions $ 90,889 $ 92,241 $ 300,531 $ 297,126
Investment Advisory Fee Revenue 116,751 88,595 332,399 250,740
Investment banking 86,901 66,245 316,144 138,159
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 3,909 4,619 11,629 30,567
Interest 9,340 7,540 26,915 24,650
Principal transactions, net 4,494 7,703 21,664 18,899
Other 3,058 9,316 19,635 15,618
Total revenue 315,342 276,259 1,028,917 775,759
EXPENSES        
Compensation and related expenses 206,312 189,654 693,053 526,924
Communications and technology 19,718 19,474 59,497 60,689
Occupancy and equipment costs 14,964 15,199 45,371 46,611
Clearing and exchange fees 5,237 6,211 16,667 18,061
Interest 2,468 3,461 7,563 12,901
Other 29,249 20,542 74,077 55,368
Total expenses 277,948 254,541 896,228 720,554
Operating Income (Loss) 37,394 21,718 132,689 55,205
Income Tax Expense (Benefit) 11,144 6,079 36,622 14,099
Net income attributable to Oppenheimer Holdings Inc. $ 26,250 $ 15,639 $ 96,067 $ 41,106
Earnings per share        
Net loss per share (in dollars per share) $ 2.07 $ 1.25 $ 7.59 $ 3.24
Earnings Per Share, Diluted [Abstract]        
Net loss per share (in dollars per share) $ 1.92 $ 1.19 $ 7.10 $ 3.12
Weighted average shares        
Basic (in shares) 12,690,386 12,553,802 12,653,310 12,696,143
Diluted (in shares) 13,664,214 13,146,586 13,539,373 13,194,434