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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUE:      
Commissions $ 492,228 $ 537,730 $ 555,574
Principal transactions, net 47,660 78,384 106,141
Interest 56,779 45,871 35,960
Investment banking 119,202 134,906 90,960
Advisory fees 197,097 187,888 160,705
Other 46,026 51,494 41,140
Total revenue 958,992 1,036,273 990,480
EXPENSES:      
Compensation and related expenses 626,767 676,041 668,784
Clearing and exchange fees 24,991 25,754 26,748
Communications and technology 62,673 64,700 62,873
Occupancy and equipment costs 76,509 74,389 74,372
Interest 38,026 25,750 21,429
Other 112,178 101,648 99,207
Total expenses 941,144 968,282 953,413
Profit before income taxes 17,848 67,991 37,067
Income tax provision 5,231 27,211 16,243
Net profit for the year 12,617 40,780 20,824
Less net profit attributable to non-controlling interest, net of tax 2,301 2,248  
Net profit attributable to Oppenheimer Holdings Inc. $ 10,316 $ 38,532 $ 20,824
Earnings per share attributable to Oppenheimer Holdings Inc.      
Basic $ 0.76 $ 2.89 $ 1.59
Diluted $ 0.74 $ 2.77 $ 1.55
Weighted average shares      
Basic 13,638,087 13,340,846 13,110,647
Diluted 13,936,733 13,897,261 13,441,279