Earnings per share (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2023		2022		2023		2022
Basic weighted average number of shares outstanding	10,519,431		11,270,589		10,874,055		11,901,727
Net dilutive effect of share-based awards, treasury stock method (1)	920,798		919,836		872,282		907,273
Diluted weighted average number of shares outstanding	11,440,229		12,190,425		11,746,337		12,809,000

Net income attributable to Oppenheimer Holdings Inc.	$	13,861	$	4,520	$	19,079	$	9,938

Earnings per share attributable to Oppenheimer Holdings Inc.
Basic	$	1.32	$	0.40	$	1.75	$	0.84
Diluted	$	1.21	$	0.37	$	1.62	$	0.78

(1) For the three months ended September 30, 2023, the diluted net income per share computation did not include the anti-dilutive effect of 286,185 shares of Class A Stock granted under share-based compensation arrangements. For the nine months ended September 30, 2023, the diluted net income per share computation did not include the anti-dilutive effect of 277,435 shares of Class A Stock granted under share-based compensation arrangements. 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.