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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted
The computation of earnings per share is as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(dollars in thousands, except per share data)
Net income (loss)
$
9,828

 
$
15,259

 
$
50,502

 
$
(19,897
)
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds
5,162

 
18,478

 
35,412

 
(2,524
)
Net income (loss) attributable to Cowen Inc.
4,666

 
(3,219
)
 
15,090

 
(17,373
)
Preferred stock dividends
1,698

 
1,698

 
5,094

 
5,094

Net income (loss) attributable to Cowen Inc. common stockholders
$
2,968

 
$
(4,917
)
 
$
9,996

 
$
(22,467
)
 
 
 
 
 
 
 
 
Shares for basic and diluted calculations:
 
 
 
 
 
 
 
Weighted average shares used in basic computation
31,271

 
26,993

 
29,004

 
26,818

Performance based restricted stock
—

 
—

 
—

 
—

Stock appreciation rights
20

 
—

 
15

 
—

Restricted stock
955

 
—

 
992

 
—

Weighted average shares used in diluted computation
32,246

 
26,993

 
30,011

 
26,818

Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.09

 
$
(0.18
)
 
$
0.34

 
$
(0.84
)
Diluted
$
0.09

 
$
(0.18
)
 
$
0.33

 
$
(0.84
)