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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
[1]
ASSETS    
Cash and cash equivalents $ 36,606 $ 213,759
Deposits with clearing organizations 99,568 66,968
Restricted cash 127,875 127,765
Receivable from brokers, dealers and clearing organizations 167,898 169,902
Receivable from customers, net of allowance for credit losses of $3,400 ($3,326 in 2021) 1,288,079 1,221,450
Income tax receivable 9,161 0
Securities purchased under agreements to resell 0 935
Securities owned, including amounts pledged of $316,605 ($266,428 in 2021), at fair value 621,272 634,504
Notes receivable, net 59,099 53,983
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $96,203 ($92,785 in 2021) 26,537 28,036
Right-of-use lease assets, net of accumulated amortization of $74,164 ($76,462 in 2021) 146,057 150,121
Goodwill 137,889 137,889
Intangible assets 32,100 32,100
Other assets 168,440 205,838
Total assets 2,920,581 3,043,250
Liabilities    
Drafts payable 10,020 0
Bank call loans 177,300 69,500
Payable to brokers, dealers and clearing organizations 388,467 422,057
Payable to customers 419,315 456,958
Securities sold under agreements to repurchase 170,968 277,322
Securities sold but not yet purchased, at fair value 254,652 71,958
Accrued compensation 173,287 342,125
Income tax payable 0 13,536
Accounts payable and other liabilities 58,336 76,655
Lease liabilities 187,531 192,019
Senior secured notes, net of debt issuance costs of $800 ($926 in 2021) 124,200 124,074
Deferred tax liabilities, net of deferred tax assets of $46,229 ($54,957 in 2021) 47,372 44,016
Total liabilities 2,011,448 2,090,220
Commitments and contingencies (note 14)
Redeemable noncontrolling interests [2] 127,765 127,765
Stockholders' equity    
Common stock ($0.001 par value per share): Class A: shares authorized: 50,000,000; shares issued and outstanding: 11,270,944 and 12,447,036 as of June 30, 2022 and December 31, 2021, respectively Class B: shares authorized, issued and outstanding: 99,665 as of June 30, 2022 and December 31, 2021 11 13
Additional paid-In capital 35,461 78,032
Retained earnings 742,614 740,926
Accumulated other comprehensive income 1,573 4,225
Total Oppenheimer Holdings Inc. stockholders' equity 779,659 823,196
Noncontrolling interest (Note 2) 1,709 2,069
Total Stockholders' equity 781,368 [2] 825,265
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity $ 2,920,581 $ 3,043,250
[1] Certain prior period reported amounts were reclassified to conform to the current period presentation, see Note 2
[2] Certain prior period amounts were reclassified to conform to the current period presentation, see Note 2.