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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE        
Commissions $ 101,243 $ 110,862 $ 314,494 $ 349,062
Advisory fees 69,557 70,957 212,766 209,592
Investment banking 16,548 33,841 72,873 94,164
Interest 14,384 12,449 37,449 37,387
Principal transactions, net (3,339) 4,272 16,926 24,883
Other 15,143 12,298 43,517 34,448
Total revenue 213,536 244,679 698,025 749,536
EXPENSES        
Compensation and related expenses 142,746 161,334 464,051 493,135
Communications and technology 16,475 15,991 50,050 50,261
Occupancy and equipment costs 16,158 15,801 47,920 47,105
Clearing and exchange fees 6,909 5,969 19,542 17,885
Interest 4,541 4,127 12,956 13,703
Other 28,234 30,561 92,552 111,306
Total expenses 215,063 233,783 687,071 733,395
Income (loss) before income tax provision (benefit) (1,527) 10,896 10,954 16,141
Income tax provision (benefit) (750) 6,271 4,965 9,349
Net income (loss) for the period (777) 4,625 5,989 6,792
Less net income attributable to noncontrolling interest 131 155 883 652
Net income (loss) attributable to Oppenheimer Holdings Inc. $ (908) $ 4,470 $ 5,106 $ 6,140
Earnings (loss) per share attributable to Oppenheimer Holdings Inc.        
Basic (in dollars per share) $ (0.07) $ 0.33 $ 0.37 $ 0.45
Diluted (in dollars per share) (0.07) 0.31 0.36 0.43
Dividends declared per share (in dollars per share) $ 0.11 $ 0.11 $ 0.33 $ 0.33
Weighted average shares        
Basic (in shares) 13,690,698 13,630,368 13,713,578 13,595,458
Diluted (in shares) 13,690,698 14,297,442 14,339,205 14,217,247