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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
[1]
ASSETS    
Cash and cash equivalents $ 36,578 $ 213,759
Deposits with clearing organizations 95,645 66,968
Restricted cash 128,280 127,765
Receivable from brokers, dealers and clearing organizations 177,206 169,902
Receivable from customers, net of allowance for credit losses of $3,367 ($3,326 in 2021) 1,178,713 1,221,450
Securities purchased under agreements to resell 0 935
Securities owned, including amounts pledged of $385,820 ($266,428 in 2021), at fair value 662,677 634,504
Notes receivable, net 57,205 53,983
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $98,047 ($92,785 in 2021) 33,946 28,036
Right-of-use lease assets, net of accumulated amortization of $77,531 ($76,462 in 2021) 148,479 150,121
Goodwill 137,889 137,889
Intangible assets 32,100 32,100
Other assets 167,307 205,838
Total assets 2,856,025 3,043,250
Liabilities    
Drafts payable 9,644 0
Bank call loans 53,600 69,500
Payable to brokers, dealers and clearing organizations 493,446 422,057
Payable to customers 381,112 456,958
Securities sold under agreements to repurchase 284,032 277,322
Securities sold but not yet purchased, at fair value 94,893 71,958
Accrued compensation 196,948 342,125
Income tax payable 1,788 13,536
Accounts payable and other liabilities 91,119 76,655
Lease liabilities 189,298 192,019
Senior secured notes, net of debt issuance costs of $737 ($926 in 2021) 124,263 124,074
Deferred tax liabilities, net of deferred tax assets of $53,059 ($54,957 in 2021) 35,542 44,016
Total liabilities 1,955,685 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: 10,874,990 and 12,447,036 as of September 30, 2022 and December 31, 2021, respectively Class B: shares authorized, issued and outstanding: 99,665 as of September 30, 2022 and December 31, 2021 11 13
Additional paid-in capital 25,918 78,032
Retained earnings 743,650 740,926
Accumulated other comprehensive income 1,163 4,225
Total Oppenheimer Holdings Inc. stockholders' equity 770,742 823,196
Noncontrolling interest (Note 2) 1,833 2,069
Total Stockholders' equity 772,575 [2] 825,265
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity $ 2,856,025 $ 3,043,250
[1] Certain prior period reported amounts were reclassified to conform to the current period presentation, See Note 2
[2] (1) Certain prior period reported amounts were reclassified to conform to the current period presentation, See Note 2.