Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

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, 2018 and 2017. 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,
	2018			2017			2018			2017
Revenue
Private client ⁽¹⁾	$	156,553		$	140,252		$	310,647		$	277,641
Asset management ⁽¹⁾	17,706			19,304			35,350			37,970
Capital markets	68,206			53,707			129,735			109,610
Corporate/Other	91			2,621			1,354			3,924
Total	$	242,556		$	215,884		$	477,086		$	429,145
Income (loss) before income taxes
Private client ⁽¹⁾	$	33,513		$	28,051		$	73,675		$	56,813
Asset management ⁽¹⁾	3,958			4,081			7,676			7,792
Capital markets	(199		)	(10,982		)	(6,256		)	(23,596		)
Corporate/Other	(24,771		)	(22,787		)	(52,969		)	(49,671		)
Total	$	12,501		$	(1,637	)	$	22,126		$	(8,662	)


(1)	Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees are allocated 10.0% to the Asset Management and 90.0% 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, 2018 and 2017 was as follows:



(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
Americas	$	234,471	$	204,052	$	460,083	$	407,715
Europe/Middle East	7,222		10,904		14,745		19,364
Asia	863		928		2,258		2,066
Total	$	242,556	$	215,884	$	477,086	$	429,145