Segment Information (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 September 30,						For the Nine Months Ended September 30,
	2018			2017			2018			2017
Revenue
Private client ⁽¹⁾	$	158,083		$	147,428		$	468,730		$	425,069
Asset management ⁽¹⁾	17,870			19,277			53,220			57,247
Capital markets	68,130			58,808			197,865			168,418
Corporate/Other	(6,269		)	707			(4,915		)	4,631
Total	$	237,814		$	226,220		$	714,900		$	655,365
Income (loss) before income taxes
Private client ⁽¹⁾	$	37,608		$	36,950		$	111,283		$	93,763
Asset management ⁽¹⁾	4,127			3,338			11,803			11,130
Capital markets	(2,076		)	(1,639		)	(8,332		)	(25,235		)
Corporate/Other	(32,515		)	(26,821		)	(85,484		)	(76,492		)
Total	$	7,144		$	11,828		$	29,270		$	3,166


(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 nine months ended September 30, 2018 and 2017 was as follows:



(Expressed in thousands)
	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2018		2017		2018		2017
Americas	$	230,486	$	217,900	$	690,569	$	625,615
Europe/Middle East	6,500		7,655		21,245		27,019
Asia	828		665		3,086		2,731
Total	$	237,814	$	226,220	$	714,900	$	655,365