Earnings per share (Tables)

6 Months Ended

Jun. 30, 2023

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,
	2023		2022		2023		2022
Basic weighted average number of shares outstanding	11,016,430		11,980,115		11,054,306		12,222,527
Net dilutive effect of share-based awards, treasury stock method (1)	—		—		857,073		919,011
Diluted weighted average number of shares outstanding	11,016,430		11,980,115		11,911,379		13,141,538

Net income (loss) attributable to Oppenheimer Holdings Inc.	$	(9,400)	$	(3,874)	$	5,217	$	5,418

Earnings (Loss) per share attributable to Oppenheimer Holdings Inc.
Basic	$	(0.85)	$	(0.32)	$	0.47	$	0.44
Diluted	$	(0.85)	$	(0.32)	$	0.44	$	0.41

(1) For the three months ended June 30, 2023, the diluted net loss per share computation did not include the anti-dilutive effect of 1,138,992 shares of Class A Stock granted under share-based compensation arrangements. For the six months ended June 30, 2023, the diluted net income per share computation did not include the anti-dilutive effect of 281,810 shares of Class A Stock granted under share-based compensation arrangements. 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.