XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUE                      
Commissions                 $ 417,559 $ 469,829 $ 486,767
Advisory fees                 280,247 281,680 274,178
Investment banking                 102,540 125,598 97,977
Interest                 51,031 49,244 53,216
Principal transactions, net                 20,503 29,699 43,768
Other                 56,505 48,414 63,808
Total revenue $ 230,360 $ 213,536 $ 238,928 $ 245,561 $ 254,928 $ 244,679 $ 249,689 $ 255,168 928,385 1,004,464 1,019,714
EXPENSES                      
Compensation and related expenses                 623,226 664,641 675,936
Communications and technology                 66,910 67,170 65,817
Occupancy and equipment costs                 63,144 63,012 66,758
Clearing and exchange fees                 26,022 24,709 24,481
Interest                 17,323 17,801 26,142
Other                 125,049 141,395 116,671
Total expenses                 921,674 978,728 975,805
Income before income tax provision (4,243) (1,527) 2,630 9,851 9,595 10,896 136 5,109 6,711 25,736 43,909
Income tax provision                 3,813 16,175 17,756
Net income for the year                 2,898 9,561 26,153
Less net income attributable to noncontrolling interest                 936 735 1,092
Net income attributable to Oppenheimer Holdings Inc. $ (3,144) $ (908) $ 295 $ 5,719 $ 2,686 $ 4,470 $ (1,554) $ 3,224 $ 1,962 $ 8,826 $ 25,061
Earnings per share attributable to Oppenheimer Holdings Inc.                      
Basic earnings (loss) per share (in dollars per share) $ (0.23) $ (0.07) $ 0.02 $ 0.42 $ 0.20 $ 0.33 $ (0.11) $ 0.24 $ 0.14 $ 0.65 $ 1.85
Diluted earnings (loss) per share (in dollars per share) $ (0.23) $ (0.07) $ 0.02 $ 0.40 $ 0.19 $ 0.31 $ (0.11) $ 0.23 $ 0.14 $ 0.62 $ 1.77
Weighted average shares                      
Basic weighted average shares (in shares)                 13,640,610 13,604,258 13,577,725
Diluted weighted average shares (in shares)                 14,291,534 14,250,663 14,124,060