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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 33,214,000 $ 28,835,000
Deposits with clearing organizations 108,415,000 78,706,000
Receivable from brokers, dealers and clearing organizations 297,031,000 284,696,000
Receivable from customers, net of allowance for credit losses of $220 ($345 in 2023) 1,161,685,000 1,059,892,000
Income tax receivable 6,009,000 7,199,000
Securities purchased under agreements to resell 4,079,000 5,842,000
Securities owned, including amounts pledged of $867,341 ($689,381 in 2023), at fair value 1,043,256,000 795,312,000
Notes receivable, net 63,342,000 62,640,000
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $87,808 ($82,732 in 2023) 40,163,000 43,874,000
Right-of-use lease assets, net of accumulated amortization of $107,581 ($99,716 in 2023) 132,441,000 140,554,000
Corporate-owned life insurance 94,646,000 88,989,000
Goodwill 142,162,000 142,162,000
Intangible assets 34,187,000 34,340,000
Other assets 101,908,000 101,775,000
Total assets 3,262,538,000 2,874,816,000
Liabilities    
Drafts payable 21,762,000 9,002,000
Bank call loans 218,800,000 0
Payable to brokers, dealers and clearing organizations 278,226,000 361,890,000
Payable to customers 325,886,000 369,287,000
Securities sold under agreements to repurchase 822,785,000 640,382,000
Securities sold but not yet purchased, at fair value 177,251,000 31,676,000
Accrued compensation 209,502,000 256,244,000
Accounts payable and other liabilities 69,187,000 82,810,000
Lease liabilities 172,604,000 183,273,000
Senior secured notes, net of debt issuance costs of $283 ($392 in 2023) 112,767,000 112,658,000
Deferred tax liabilities, net of deferred tax assets of $44,087 ($45,961 in 2023) 41,708,000 38,355,000
Total liabilities 2,450,478,000 2,085,577,000
Commitments and contingencies (Note 14)
Stockholders' equity    
Common stock ($0.001 par value per share): Class A: shares authorized: 50,000,000; shares issued and outstanding: 10,227,845 and 10,186,783 as of June 30, 2024 and December 31, 2023, respectively Class B: shares authorized, issued and outstanding: 99,665 as of June 30, 2024 and December 31, 2023 10,000 10,000
Additional paid-in capital 23,365,000 31,774,000
Retained earnings 788,739,000 756,468,000
Accumulated other comprehensive income (loss) (54,000) 914,000
Total Oppenheimer Holdings Inc. stockholders' equity 812,060,000 789,166,000
Noncontrolling interest (Note 2) 0 73,000
Total Stockholders' equity 812,060,000 789,239,000
Total Liabilities and Stockholders' Equity $ 3,262,538,000 $ 2,874,816,000