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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUE      
Commissions $ 395,097 $ 320,114 $ 329,668
Investment Advisory Fee Revenue 455,261 353,671 314,349
Investment banking 222,298 126,211 115,353
Interest Income, Deposits with Financial Institutions 34,829 117,422 116,052
Interest 33,477 50,723 52,484
Principal transactions, net 27,874 30,094 14,461
Other 29,831 35,144 15,787
Total revenue 1,198,667 1,033,379 958,154
EXPENSES      
Compensation and related expenses 770,997 657,714 607,192
Communications and technology 82,132 81,588 74,479
Occupancy and equipment costs 62,352 62,198 61,171
Clearing and exchange fees 22,978 21,962 22,985
Interest 15,680 45,687 46,396
Other 75,528 89,318 101,062
Total expenses 1,029,667 958,467 913,285
Operating Income (Loss), Total 169,000 74,912 44,869
Income Tax Expense (Benefit) 46,014 21,959 15,977
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 122,986 $ 52,953 $ 28,892
Earnings per share      
Earnings Per Share, Basic $ 9.73 $ 4.10 $ 2.18
Diluted earnings per share 9.30 3.82 $ 2.05
Dividends $ 1.48 $ 0.46  
Weighted average shares      
Basic 12,642,576 12,904,397 13,248,876
Diluted 13,217,335 13,851,832 14,061,369
Class A Stock      
Earnings per share      
Dividends $ 1.48 $ 0.46 $ 0.44
Retained Earnings [Member]      
EXPENSES      
Net income (loss) attributable to Oppenheimer Holdings Inc. $ 122,986 $ 52,953 $ 28,892
Earnings per share      
Dividends $ 1.48 $ 0.46 $ 0.44