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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Summary of Earnings Per Share
Earnings per share has been calculated as follows:
(Expressed in thousands, except number of shares and per share amounts)
 
 
 
 
 
 
For the Year Ended December 31,
 
2015
 
2014
 
2013
Basic weighted average number of shares outstanding
13,640,610

 
13,604,258

 
13,577,725

Net dilutive effect of share-based awards, treasury method (1)
650,924

 
646,405

 
546,335

Diluted weighted average number of shares outstanding
14,291,534

 
14,250,663

 
14,124,060

Net income for the year
$
2,898

 
$
9,561

 
$
26,153

Net income attributable to noncontrolling interest, net of tax
936

 
735

 
1,092

Net income attributable to Oppenheimer Holdings Inc.
$
1,962

 
$
8,826

 
$
25,061

Basic earnings per share
$
0.14

 
$
0.65

 
$
1.85

Diluted earnings per share
$
0.14

 
$
0.62

 
$
1.77

 
(1)
For the year ended December 31, 2015, the diluted earnings per share computation does not include the anti-dilutive effect of 5,309 shares of Class A Stock granted under share-based compensation arrangements (43,008 and 57,573 shares for the years ended December 31, 2014 and 2013, respectively).