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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUE        
Commissions $ 79,678 $ 77,635 $ 245,935 $ 248,204
Investment Advisory Fee Revenue 78,154 74,329 232,972 216,521
Investment banking 28,328 23,940 84,442 57,347
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 30,053 21,146 84,203 52,992
Interest 13,403 12,952 38,686 36,346
Principal transactions, net (16) 5,135 9,110 15,810
Other 8,214 11,083 19,552 28,145
Total revenue 237,814 226,220 714,900 655,365
EXPENSES        
Compensation and related expenses 152,846 142,090 457,821 428,625
Communications and technology 18,602 17,781 55,287 53,886
Occupancy and equipment costs 15,106 15,288 45,435 45,721
Clearing and exchange fees 5,378 5,622 17,254 17,392
Interest 12,915 6,500 32,787 18,710
Other 25,823 27,111 77,046 87,865
Total expenses 230,670 214,392 685,630 652,199
Income before income taxes from continuing operations 7,144 11,828 29,270 3,166
Income Tax Expense (Benefit) 2,083 4,425 8,661 2,464
Net income from continuing operations 5,061 7,403 20,609 702
Income from discontinued operations 0 769 0 1,834
Income taxes 0 308 0 733
Net income from discontinued operations 0 461 0 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 (in dollars per share) $ 0.38 $ 0.56 $ 1.56 $ 0.05
Discontinued operations (in dollars per share) 0.00 0.03 0.00 0.07
Net loss per share (in dollars per share) 0.38 0.59 1.56 0.12
Earnings Per Share, Diluted [Abstract]        
Continuing operations (in dollars per share) 0.36 0.54 1.47 0.05
Discontinued operations (in dollars per share) 0.00 0.03 0.00 0.07
Net loss per share (in dollars per share) $ 0.36 $ 0.57 $ 1.47 $ 0.12
Weighted average shares        
Basic (in shares) 13,269,024 13,213,139 13,252,596 13,290,399
Diluted (in shares) 14,140,263 13,763,516 14,043,326 13,790,136