Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Summary of Earnings Per Share

Earnings per share have been calculated as follows:

(Expressed in thousands, except number of shares and per share amounts)
	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Basic weighted average number of shares outstanding	13,630,368		13,604,276		13,595,458		13,606,527
Net dilutive effect of share-based awards, treasury method (1)	667,074		567,526		621,789		503,604
Diluted weighted average number of shares outstanding	14,297,442		14,171,802		14,217,247		14,110,131
Net income for the period	$	4,625	$	5,508	$	6,792	$	12,467
Net income attributable to non-controlling interest, net of tax	155		271		652		719
Net income attributable to Oppenheimer Holdings Inc.	$	4,470	$	5,237	$	6,140	$	11,748
Basic earnings per share	$	0.33	$	0.38	$	0.45	$	0.86
Diluted earnings per share	$	0.31	$	0.37	$	0.43	$	0.83

(1) For both the three and nine months ended September 30, 2014, the diluted earnings per share computation does not include the anti-dilutive effect of 58,008 shares of Class A Stock granted under share-based compensation arrangements (57,573 shares of Class A Stock granted under share-based compensation arrangements for the three and nine months ended September 30, 2013).