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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE                      
Commissions                 $ 320,114 $ 329,668 $ 336,620
Investment Advisory Fee Revenue                 353,671 314,349 320,746
Investment banking                 126,211 115,353 78,215
Interest Income, Deposits with Financial Institutions                 117,422 116,052 76,839
Interest                 50,723 52,484 48,498
Principal transactions, net                 30,094 14,461 23,273
Other                 35,144 15,787 36,147
Total revenue $ 295,881 $ 234,793 $ 250,935 $ 251,770 $ 243,254 $ 237,814 $ 242,556 $ 234,530 1,033,379 958,154 920,338
EXPENSES                      
Compensation and related expenses                 657,714 607,192 602,138
Communications and technology                 81,588 74,479 71,978
Occupancy and equipment costs                 62,198 61,171 61,164
Clearing and exchange fees                 21,962 22,985 23,545
Interest                 45,687 46,396 28,354
Other                 89,318 101,062 113,607
Total expenses 260,908 228,297 233,544 235,718 227,677 230,660 230,039 224,909 958,467 913,285 900,786
Income (loss) before income taxes from continuing operations 34,973 6,496 17,391 16,052 15,577 7,154 12,517 9,621 74,912 44,869 19,552
Current and Deferred Income Tax Expense (Benefit) from Continuing Operations                 21,959 15,977 (2,134)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent                 52,953 28,892 21,686
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax                 0 0 2,071
Discontinued Operation, Tax Effect of Discontinued Operation                 0 0 941
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent                 0 0 1,130
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 25,435 $ 3,949 $ 12,375 $ 11,194 $ 8,261 $ 5,071 $ 8,855 $ 6,705 $ 52,953 $ 28,892 $ 22,816
Basic net income per share                      
Income (Loss) from Continuing Operations, Per Basic Share                 $ 4.10 $ 2.18 $ 1.65
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share                 0.00 0.00 0.07
Net income per share $ 1.99 $ 0.31 $ 0.95 $ 0.86 $ 0.62 $ 0.38 $ 0.67 $ 0.51 4.10 2.18 1.72
Income (Loss) from Continuing Operations, Per Diluted Share                 3.82 2.05 1.60
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share                 0.00 0.00 0.07
Earnings Per Share, Diluted 1.83 0.29 0.89 0.81 0.59 0.36 0.63 0.48 3.82 2.05 $ 1.67
Dividends $ 0.12 $ 0.12 $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.46 $ 0.44  
Weighted average shares                      
Basic                 12,904,397 13,248,876 13,246,423
Diluted                 13,851,832 14,061,369 13,673,361
Retained Earnings [Member]                      
EXPENSES                      
Net income (loss) attributable to Oppenheimer Holdings Inc.                 $ 52,953 $ 28,892 $ 22,816
Basic net income per share                      
Dividends                 $ 0.46 $ 0.44 $ 0.44