Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

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)
	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2015		2014			2015		2014
Basic weighted average number of shares outstanding	13,745,957		13,618,174			13,725,208		13,577,714
Net dilutive effect of share-based awards, treasury method (1)	644,623		—			617,266		606,616
Diluted weighted average number of shares outstanding	14,390,580		13,618,174			14,342,474		14,184,330
Net income (loss) for the period	$	645	$	(1,253	)	$	6,766	$	2,167
Net income attributable to noncontrolling interest, net of tax	350		301			752		497
Net income (loss) attributable to Oppenheimer Holdings Inc.	$	295	$	(1,554	)	$	6,014	$	1,670
Basic earnings (loss) per share	$	0.02	$	(0.11	)	$	0.44	$	0.12
Diluted earnings (loss) per share	$	0.02	$	(0.11	)	$	0.42	$	0.12

(1) For the three and six months ended June 30, 2015, the diluted earnings per share computation does not include the anti-dilutive effect of 37,333 and 40,309 shares of Class A Stock granted under share-based compensation arrangements, respectively (1,381,907 and 58,008, respectively, for the three and six months ended June 30, 2014).