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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net income for the period $ (6,121)us-gaap_ProfitLoss $ (3,420)us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash used in operating activities    
Payment of taxes due for vested share-based awards related to amounts the Company withheld on behalf of its employees to meet minimum statutory tax withholding requirements (1,683)opy_PaymentOfTaxesDueShareBasedAwards (2,074)opy_PaymentOfTaxesDueShareBasedAwards
Depreciation and amortization of office facilities and leasehold improvements 1,794us-gaap_DepreciationAmortizationAndAccretionNet 1,941us-gaap_DepreciationAmortizationAndAccretionNet
Deferred income taxes 6,089us-gaap_DeferredIncomeTaxExpenseBenefit 5,450us-gaap_DeferredIncomeTaxExpenseBenefit
Amortization of notes receivable 3,745opy_AmortizationOfNotesReceivable 4,491opy_AmortizationOfNotesReceivable
Amortization of debt issuance costs 121us-gaap_AmortizationOfFinancingCosts 160us-gaap_AmortizationOfFinancingCosts
Amortization of mortgage servicing rights 230us-gaap_AmortizationOfMortgageServicingRightsMSRs 656us-gaap_AmortizationOfMortgageServicingRightsMSRs
Provision for credit losses 12us-gaap_ProvisionForOtherCreditLosses 18us-gaap_ProvisionForOtherCreditLosses
Share-based compensation 1,495us-gaap_ShareBasedCompensation 3,834us-gaap_ShareBasedCompensation
Decrease (increase) in operating assets:    
Cash segregated for regulatory and other purposes 17,077us-gaap_IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities 42us-gaap_IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
Deposits with clearing organizations (13,748)opy_IncreaseDecreaseDepositsWithClearingOrganizations (7,756)opy_IncreaseDecreaseDepositsWithClearingOrganizations
Receivable from brokers, dealers and clearing organizations (23,628)us-gaap_IncreaseDecreaseInBrokerageReceivables 34,510us-gaap_IncreaseDecreaseInBrokerageReceivables
Receivable from customers (26,083)opy_IncreaseDecreaseInReceivableFromCustomers (85,799)opy_IncreaseDecreaseInReceivableFromCustomers
Income tax receivable (2,089)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable (4,223)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Securities purchased under agreements to resell 251,606us-gaap_IncreaseDecreaseInReceivablesUnderRepurchaseAgreements (65,723)us-gaap_IncreaseDecreaseInReceivablesUnderRepurchaseAgreements
Securities owned (112,208)us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities (79,928)us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
Notes receivable (3,808)opy_IncreaseDecreaseInDueFromEmployeeCurrentAndNoncurrent (2,572)opy_IncreaseDecreaseInDueFromEmployeeCurrentAndNoncurrent
Loans held for sale (76,633)us-gaap_IncreaseDecreaseInLoansHeldForSale 66,551us-gaap_IncreaseDecreaseInLoansHeldForSale
Mortgage servicing rights 1,519opy_IncreaseDecreaseInMortgageServicingRightsLessAmortization (1,003)opy_IncreaseDecreaseInMortgageServicingRightsLessAmortization
Other assets (11,820)us-gaap_IncreaseDecreaseInOtherOperatingAssets 34,299us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in operating liabilities:    
Drafts payable (758)opy_IncreaseDecreaseInDraftPayable (6,892)opy_IncreaseDecreaseInDraftPayable
Payable to brokers, dealers and clearing organizations 93,069us-gaap_IncreaseDecreaseInPayablesToBrokerDealers 152,189us-gaap_IncreaseDecreaseInPayablesToBrokerDealers
Payable to customers 51,831us-gaap_IncreaseDecreaseInPayablesToCustomers 3,000us-gaap_IncreaseDecreaseInPayablesToCustomers
Securities sold under agreements to repurchase (290,051)us-gaap_IncreaseDecreaseInPayablesUnderRepurchaseAgreements (51,764)us-gaap_IncreaseDecreaseInPayablesUnderRepurchaseAgreements
Securities sold, but not yet purchased 92,139us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased 67,139us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased
Accrued compensation (63,063)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (75,841)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accounts payable and other liabilities 62,141us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (46,721)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Cash used in operating activities (36,583)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (52,596)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities    
Purchase of office facilities (474)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,397)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Cash used in investing activities (474)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,397)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from investing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (1,511)us-gaap_PaymentsOfDividendsCommonStock (1,486)us-gaap_PaymentsOfDividendsCommonStock
Issuance of Class A non-voting common stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 185us-gaap_ProceedsFromIssuanceOfCommonStock
Tax benefit (deficiency) from share-based awards (321)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 1,242us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Increase in bank call loans, net 42,000us-gaap_IncreaseDecreaseInOtherLoans 78,800us-gaap_IncreaseDecreaseInOtherLoans
Cash provided by financing activities 40,168us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 78,741us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase in cash and cash equivalents 3,111us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 24,748us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 63,807us-gaap_CashAndCashEquivalentsAtCarryingValue 98,294us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 66,918us-gaap_CashAndCashEquivalentsAtCarryingValue 123,042us-gaap_CashAndCashEquivalentsAtCarryingValue
Schedule of non-cash financing activities    
Employee share plan issuance 2,889us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures 1,733us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 611us-gaap_InterestPaid 788us-gaap_InterestPaid
Cash paid during the period for income taxes, net of refunds $ 107us-gaap_IncomeTaxesPaid $ 131us-gaap_IncomeTaxesPaid