Earnings per share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings per share have been calculated as follows:


(Expressed in thousands, except number of shares and per share amounts)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Basic weighted average number of shares outstanding	11,980,115		12,689,191		12,222,527		12,634,464
Net dilutive effect of share-based awards, treasury stock method (1)	—		991,955		919,011		861,125
Diluted weighted average number of shares outstanding	11,980,115		13,681,146		13,141,538		13,495,589

Net income (loss) attributable to Oppenheimer Holdings Inc.	$	(3,874)	$	31,159	$	5,418	$	69,817

Earnings (Loss) per share attributable to Oppenheimer Holdings Inc.
Basic	$	(0.32)	$	2.46	$	0.44	$	5.53
Diluted	$	(0.32)	$	2.28	$	0.41	$	5.17

(1) For the three months ended June 30, 2022, the diluted net loss per share computation did not include the anti-dilutive effect of 1,267,733 shares of Class A Stock granted under share-based compensation arrangements. For the six months ended June 30, 2022, the diluted net income per share computation did not include the anti-dilutive effect of 4,100 shares of Class A Stock granted under share-based compensation arrangements. For the three and six months ended June 30, 2021, there was no Class A Stock granted under share-based compensation arrangements that was anti-dilutive.