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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUE        
Commissions $ 78,627 $ 79,678 $ 238,932 $ 245,935
Investment Advisory Fee Revenue 80,887 78,154 235,241 232,972
Investment banking 21,798 28,328 81,847 84,442
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 28,894 30,053 94,692 84,203
Interest 12,344 13,403 38,621 38,686
Principal transactions, net 7,606 (16) 22,089 9,110
Other 4,637 8,214 26,076 19,552
Total revenue 234,793 237,814 737,498 714,900
EXPENSES        
Compensation and related expenses 151,284 152,846 467,422 457,821
Communications and technology 20,872 18,602 61,457 55,287
Occupancy and equipment costs 16,010 15,106 46,856 45,435
Clearing and exchange fees 5,469 5,378 16,479 17,254
Interest 11,531 12,915 37,709 32,787
Other 23,131 25,813 67,636 77,024
Total expenses 228,297 230,660 697,559 685,608
Operating Income (Loss) 6,496 7,154 39,939 29,292
Income Tax Expense (Benefit) 2,547 2,083 12,421 8,661
Net income attributable to Oppenheimer Holdings Inc. $ 3,949 $ 5,071 $ 27,518 $ 20,631
Net income per share        
Net loss per share (in dollars per share) $ 0.31 $ 0.38 $ 2.13 $ 1.56
Earnings Per Share, Diluted [Abstract]        
Net loss per share (in dollars per share) $ 0.29 $ 0.36 $ 1.99 $ 1.47
Weighted average shares        
Basic (in shares) 12,825,944 13,269,024 12,940,129 13,252,596
Diluted (in shares) 13,832,994 14,140,263 13,846,139 14,043,326