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Earnings per share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings per share | Earnings per share Basic earnings per share is computed by dividing net income over 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 June 30, |  | For the Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Basic weighted average number of shares outstanding | 10,520,219 |  |  | 10,327,818 |  |  | 10,493,145 |  |  | 10,367,636 |
Net dilutive effect of share-based awards, treasury stock method (1) | 828,830 |  |  | 784,085 |  |  | 815,834 |  |  | 715,786 |
Diluted weighted average number of shares outstanding | 11,349,049 |  |  | 11,111,903 |  |  | 11,308,979 |  |  | 11,083,422 |
Net income attributable to Oppenheimer Holdings Inc. | $ | 21,674 |  |  | $ | 10,266 |  |  | $ | 52,329 |  |  | $ | 36,320 |
Earnings per share attributable to Oppenheimer Holdings Inc. |  |  |  |  |  |
Basic | $ | 2.06 |  |  | $ | 0.99 |  |  | $ | 4.99 |  |  | $ | 3.49 |
Diluted | $ | 1.91 |  |  | $ | 0.92 |  |  | $ | 4.63 |  |  | $ | 3.29 |
(1) For the three months ended June 30, 2025, the diluted net income per share computation did not include the anti-dilutive effect of 199,850 shares of Class A Stock granted under share-based compensation arrangements. For the six months ended June 30, 2025, the diluted net income per share computation did not include the anti-dilutive effect of 202,475 shares of Class A Stock granted under share-based compensation arrangements. For the three months ended June 30, 2024, there were no shares of Class A Stock with an anti-dilutive effect granted under share-based compensation arrangements. For the six months ended June 30, 2024, the diluted net income per share computation did not include the anti-dilutive effect of 1,000 shares of Class A Stock granted under share-based compensation arrangements.

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