Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Reported Revenue and Profit Before Income Taxes

The table below presents information about the reported revenue and income (loss) before income taxes from continuing operations of the Company for the three and six months ended June 30, 2017 and 2016. Asset information by reportable segment is not reported, since the Company does not produce such information for internal use by the chief operating decision maker.



(Expressed in thousands)
	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2017			2016			2017			2016
Revenue
Private client ⁽¹⁾	$	140,252		$	121,358		$	277,641		$	248,902
Asset management ⁽¹⁾	19,304			22,770			37,970			45,744
Capital markets	53,707			65,524			109,610			126,589
Corporate/Other	2,621			2,422			3,924			5,795
Total	$	215,884		$	212,074		$	429,145		$	427,030

Income (loss) before income taxes
Private client ⁽¹⁾	$	28,051		$	14,345		$	56,813		$	30,662
Asset management ⁽¹⁾	4,081			5,703			7,792			12,471
Capital markets	(10,982		)	4,045			(23,596		)	(2,753		)
Corporate/Other	(22,787		)	(29,339		)	(49,671		)	(52,966		)
Total	$	(1,637	)	$	(5,246	)	$	(8,662	)	$	(12,586	)


(1)	Clients investing in the OAM advisory program are charged fees based on the value of assets under management. Advisory fees were allocated 22.5% to the Asset Management and 77.5% to the Private Client segments.

Revenue Classified by Major Geographic Areas

Revenue classified by the major geographic areas in which it was earned for the three and six months ended June 30, 2017 and 2016 was as follows:



(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2017		2016		2017		2016
Americas	$	204,052	$	202,821	$	407,715	$	406,290
Europe/Middle East	10,904		8,440		19,364		19,032
Asia	928		813		2,066		1,708
Total	$	215,884	$	212,074	$	429,145	$	427,030