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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Feb. 28, 2013
Nov. 30, 2013
Nov. 30, 2015
Nov. 30, 2014
Non-compensation expenses:        
Goodwill impairment     $ 0 $ 54,000
Successor [Member]        
Revenues:        
Commissions and other fees   $ 472,596 659,002 668,801
Principal transactions   399,091 172,608 532,292
Investment banking   1,003,517 1,439,007 1,529,274
Asset management fees and investment income from managed funds   36,093 8,015 17,047
Interest   714,248 922,189 1,019,970
Other   94,195 74,074 78,881
Total revenues   2,719,740 3,274,895 3,846,265
Interest expense   579,059 799,654 856,127
Net revenues   2,140,681 2,475,241 2,990,138
Interest on mandatorily redeemable preferred interests of consolidated subsidiaries   3,368 0 0
Net revenues, less interest on mandatorily redeemable preferred interests of consolidated subsidiaries   2,137,313 2,475,241 2,990,138
Non-interest expenses:        
Compensation and benefits   1,213,908 1,467,131 1,698,530
Non-compensation expenses:        
Floor brokerage and clearing fees   150,774 199,780 215,329
Technology and communications   193,683 313,044 268,212
Occupancy and equipment rental   86,701 101,138 107,767
Business development   63,115 105,963 106,984
Professional services   72,802 103,972 109,601
Bad debt provision   179 (396) 55,355
Goodwill impairment   0 0 54,000
Other   91,856 70,382 71,339
Total non-compensation expenses   659,110 893,883 988,587
Total non-interest expenses   1,873,018 2,361,014 2,687,117
Earnings before income taxes   264,295 114,227 303,021
Income tax expense   94,686 18,898 142,061
Net earnings   169,609 95,329 160,960
Net earnings attributable to noncontrolling interests   8,418 1,795 3,400
Net earnings attributable to Jefferies Group LLC/ common stockholders   $ 161,191 $ 93,534 $ 157,560
Predecessor [Member]        
Revenues:        
Commissions and other fees $ 146,240      
Principal transactions 300,278      
Investment banking 288,278      
Asset management fees and investment income from managed funds 10,883      
Interest 249,277      
Other 27,004      
Total revenues 1,021,960      
Interest expense 203,416      
Net revenues 818,544      
Interest on mandatorily redeemable preferred interests of consolidated subsidiaries 10,961      
Net revenues, less interest on mandatorily redeemable preferred interests of consolidated subsidiaries 807,583      
Non-interest expenses:        
Compensation and benefits 474,217      
Non-compensation expenses:        
Floor brokerage and clearing fees 46,155      
Technology and communications 59,878      
Occupancy and equipment rental 24,309      
Business development 24,927      
Professional services 24,135      
Bad debt provision 1,945      
Goodwill impairment 0      
Other 12,530      
Total non-compensation expenses 193,879      
Total non-interest expenses 668,096      
Earnings before income taxes 139,487      
Income tax expense 48,645      
Net earnings 90,842      
Net earnings attributable to noncontrolling interests 10,704      
Net earnings attributable to Jefferies Group LLC/ common stockholders $ 80,138      
Earnings per common share:        
Basic (USD per share) $ 0.35      
Diluted (USD per share) 0.35      
Dividends declared per common share (USD per share) $ 0.075      
Weighted average common shares:        
Basic (in shares) 213,732      
Diluted (in shares) 217,844