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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUE        
Commissions $ 103,556 $ 116,062 $ 213,251 $ 238,200
Advisory fees 72,243 70,430 143,209 138,635
Investment banking 29,020 26,799 56,325 60,323
Interest 12,030 12,548 23,065 24,938
Principal transactions, net 1,710 11,794 20,265 20,611
Other 20,369 12,056 28,374 22,150
Total revenue 238,928 249,689 484,489 504,857
EXPENSES        
Compensation and related expenses 158,214 159,851 321,305 331,801
Communications and technology 16,407 17,536 33,575 34,270
Occupancy and equipment costs 15,984 15,907 31,762 31,304
Clearing and exchange fees 6,231 6,024 12,633 11,916
Interest 4,505 4,412 8,415 9,576
Other 34,957 45,823 64,318 80,745
Total expenses 236,298 249,553 472,008 499,612
Income before income tax provision 2,630 136 12,481 5,245
Income tax provision 1,985 1,389 5,715 3,078
Net income (loss) for the period 645 (1,253) 6,766 2,167
Less net income attributable to noncontrolling interest 350 301 752 497
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 295 $ (1,554) $ 6,014 $ 1,670
Earnings (loss) per share attributable to Oppenheimer Holdings Inc.        
Basic (in dollars per share) $ 0.02 $ (0.11) $ 0.44 $ 0.12
Diluted (in dollars per share) 0.02 (0.11) 0.42 0.12
Dividends declared per share (in dollars per share) $ 0.11 $ 0.11 $ 0.22 $ 0.22
Weighted average shares        
Basic (in shares) 13,745,957 13,618,174 13,725,208 13,577,714
Diluted (in shares) 14,390,580 13,618,174 14,342,474 14,184,330