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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE        
Commissions $ 80,896 $ 82,850 $ 160,305 $ 166,257
Investment Advisory Fee Revenue 80,707 77,270 154,354 154,818
Investment banking 32,006 27,904 60,049 56,114
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 31,830 28,853 65,798 54,150
Interest 13,550 13,056 26,277 25,283
Principal transactions, net 3,045 6,400 14,483 9,126
Other 8,901 6,223 21,439 11,338
Total revenue 250,935 242,556 502,705 477,086
EXPENSES        
Compensation and related expenses 155,783 151,871 316,138 304,975
Communications and technology 20,499 17,997 40,585 36,685
Occupancy and equipment costs 15,573 14,901 30,846 30,329
Clearing and exchange fees 5,678 5,780 11,010 11,876
Interest 13,192 10,909 26,178 19,872
Other 22,819 28,581 44,505 51,211
Total expenses 233,544 230,039 469,262 454,948
Operating Income (Loss) 17,391 12,517 33,443 22,138
Income Tax Expense (Benefit) 5,016 3,662 9,874 6,578
Net income attributable to Oppenheimer Holdings Inc. $ 12,375 $ 8,855 $ 23,569 $ 15,560
Net income per share        
Net loss per share (in dollars per share) $ 0.95 $ 0.67 $ 1.81 $ 1.17
Earnings Per Share, Diluted [Abstract]        
Net loss per share (in dollars per share) $ 0.89 $ 0.63 $ 1.70 $ 1.11
Weighted average shares        
Basic (in shares) 12,976,235 13,248,812 12,998,168 13,244,245
Diluted (in shares) 13,861,753 14,050,573 13,857,616 14,005,556