Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings per share have been calculated as follows:



(Expressed in thousands, except number of shares and per share amounts)
	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2018			2017		2018			2017
Basic weighted average number of shares outstanding	13,269,024			13,213,139		13,252,596			13,290,399
Net dilutive effect of share-based awards, treasury method ⁽¹⁾	871,239			550,377		790,730			499,737
Diluted weighted average number of shares outstanding	14,140,263			13,763,516		14,043,326			13,790,136

Net income from continuing operations	$	5,061		$	7,403	$	20,609		$	702
Net income from discontinued operations	—			461		—			1,101
Net income	5,061			7,864		20,609			1,803
Less net income (loss) attributable to non-controlling interest, net of tax	(10		)	75		(22		)	180
Net income attributable to Oppenheimer Holdings Inc.	$	5,071		$	7,789	$	20,631		$	1,623

Basic net income per share attributable to Oppenheimer Holdings Inc.
Continuing operations	$	0.38		$	0.56	$	1.56		$	0.05
Discontinued operations ⁽²⁾	—			0.03		—			0.07
Net income per share	$	0.38		$	0.59	$	1.56		$	0.12

Diluted net income per share attributable to Oppenheimer Holdings Inc.
Continuing operations	$	0.36		$	0.54	$	1.47		$	0.05
Discontinued operations ⁽²⁾	—			0.03		—			0.07
Net income per share	$	0.36		$	0.57	$	1.47		$	0.12


(1)	For both the three and nine months ended September 30, 2018, the diluted net income per share computation does not include the anti-dilutive effect of 4,050 shares of Class A Stock granted under share-based compensation arrangements (15,450 shares for both the three and nine months ended September 30, 2017).


(2)	Represents net income from discontinued operations less net income attributable to non-controlling interest, net of tax divided by weighted average number of shares outstanding.