Earnings per share (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Basic weighted average number of shares outstanding	11,270,589		12,690,386		11,901,727		12,653,310
Net dilutive effect of share-based awards, treasury stock method (1)	919,836		973,828		907,273		886,063
Diluted weighted average number of shares outstanding	12,190,425		13,664,214		12,809,000		13,539,373

Net income attributable to Oppenheimer Holdings Inc.	$	4,520	$	26,250	$	9,938	$	96,067

Earnings per share attributable to Oppenheimer Holdings Inc.
Basic	$	0.40	$	2.07	$	0.84	$	7.59
Diluted	$	0.37	$	1.92	$	0.78	$	7.10

(1) For the three months ended September 30, 2022, the diluted net income per share computation did not include the anti-dilutive effect of 398,198 shares of Class A Stock granted under share-based compensation arrangements. For the nine months ended September 30, 2022, the diluted net income per share computation did not include the anti-dilutive effect of 22,250 shares of Class A Stock granted under share-based compensation arrangements. For the three and nine months ended September 30, 2021, there was no Class A Stock granted under share-based compensation arrangements that was anti-dilutive.