Earnings per share (Tables)

6 Months Ended

Jun. 30, 2024

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,
	2024		2023		2024		2023
Basic weighted average number of shares outstanding	10,327,818		11,016,430		10,367,636		11,054,306
Net dilutive effect of share-based awards, treasury stock method (1)	784,085		—		715,786		857,073
Diluted weighted average number of shares outstanding	11,111,903		11,016,430		11,083,422		11,911,379

Net income attributable to Oppenheimer Holdings Inc.	$	10,266	$	(9,400)	$	36,320	$	5,217

Earnings per share attributable to Oppenheimer Holdings Inc.
Basic	$	0.99	$	(0.85)	$	3.49	$	0.47
Diluted	$	0.92	$	(0.85)	$	3.29	$	0.44

(1) For the three months ended June 30, 2024, there were no shares of Class A Stock with an anti-dilutive effect granted under share-based compensation arrangements. For the six months ended June 30, 2024, the diluted net income per share computation did not include the anti-dilutive effect of 1,000 shares of Class A Stock granted under share-based compensation arrangements. For the three months ended June 30, 2023, the diluted net income 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.