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Schedule I (PARENT COMPANY ONLY) - CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2016
Aug. 31, 2016
May 31, 2016
Feb. 29, 2016
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Revenues:                      
Principal transactions                 $ 800,660 $ 519,652 $ 172,608
Asset management fees and investment income from managed funds                 16,463 31,062 8,015
Interest                 905,601 857,838 922,189
Other                 98,316 19,724 74,074
Total revenues $ 1,081,499 $ 1,048,331 $ 1,038,955 $ 1,009,797 $ 939,960 $ 863,841 $ 936,917 $ 493,105 4,178,582 3,233,823 3,274,895
Interest expense                 980,473 819,209 799,654
Net revenues 822,610 800,692 779,294 795,513 741,769 654,450 719,408 298,987 3,198,109 2,414,614 2,475,241
Non-interest expenses:                      
Total non-interest expenses                 2,693,185 2,384,642 2,361,014
Earnings before income taxes $ 142,280 $ 122,264 $ 116,181 $ 124,199 $ 96,529 $ 80,722 $ 102,597 $ (249,876) 504,924 29,972 114,227
Income tax expense (benefit)                 147,340 14,566 18,898
Net earnings                 357,584 15,406 95,329
Net earnings attributable to Jefferies Group LLC                 357,498 15,434 93,534
Other comprehensive income (loss), net of tax:                      
Currency translation and other adjustments                 53,396 (115,494) (27,157)
Changes in instrument specific credit risk                 (21,394) [1] (6,494) [1] 0
Cash flow hedges                 (936) [2] 0 0
Minimum pension liability adjustments, net of tax [3]                 312 (1,223) (3,116)
Total other comprehensive income (loss), net of tax [4]                 31,378 (123,211) (30,273)
Comprehensive income (loss) attributable to Jefferies Group LLC                 388,876 (107,777) 63,261
Parent Company                      
Revenues:                      
Principal transactions                 12,410 952 68,720
Asset management fees and investment income from managed funds                 (10,568) 1,222 (20,889)
Interest                 241,357 226,781 201,632
Other                 78,812 (8,156) 33,193
Total revenues                 322,011 220,799 282,656
Interest expense                 276,727 235,556 250,919
Net revenues                 45,284 (14,757) 31,737
Non-interest expenses:                      
Total non-interest expenses                 13,598 5,187 5,984
Earnings before income taxes                 31,686 (19,944) 25,753
Income tax expense (benefit)                 (21,292) (9,574) 3,958
Net earnings                 52,978 (10,370) 21,795
Undistributed earnings of subsidiaries                 304,520 25,804 71,739
Net earnings attributable to Jefferies Group LLC                 357,498 15,434 93,534
Other comprehensive income (loss), net of tax:                      
Currency translation and other adjustments                 53,396 (115,494) (27,157)
Changes in instrument specific credit risk                 (21,394) (6,494) 0
Cash flow hedges                 (936) 0 0
Minimum pension liability adjustments, net of tax                 312 (1,223) (3,116)
Total other comprehensive income (loss), net of tax                 31,378 (123,211) (30,273)
Comprehensive income (loss) attributable to Jefferies Group LLC                 $ 388,876 $ (107,777) $ 63,261
[1] Includes income tax benefit of approximately $13.2 million and $4.3 million for the years ended November 30, 2017 and 2016, respectively.
[2] Includes income tax benefit of approximately $0.6 million for the year ended November 30, 2017.
[3] Includes income tax benefit of approximately $0.1 million, $0.3 million and $4.2 million for the years ended November 30, 2017, 2016 and 2015, respectively.
[4] None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.