CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $) In Thousands, unless otherwise specified	Feb. 28, 2013		Nov. 30, 2012
Assets
Cash and cash equivalents	$ 3,017,958		$ 2,692,595
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations	3,728,742	[1],[2]	4,082,595	[1],[3]
Financial instruments owned, at fair value
Corporate equity securities	1,688,607		1,762,775
Corporate debt securities	3,371,464		3,038,146
Government, federal agency and other sovereign obligations	5,010,455		5,153,750
Mortgage- and asset-backed securities, assets	4,939,327		5,468,284
Loans and other receivables	968,360		678,311
Derivatives	206,920		298,086
Investments, at fair value	71,103		127,023
Physical commodities	157,299		144,016
Total financial instruments owned, at fair value	16,413,535		16,670,391
Investments in managed funds	59,976		57,763
Loans to and investments in related parties	783,382		586,420
Securities borrowed	5,315,488		5,094,679
Securities purchased under agreements to resell	3,578,366		3,357,602
Securities received as collateral	25,338		0
Receivables:
Brokers, dealers and clearing organizations	2,444,085		1,424,027
Customers	1,045,251		916,284
Fees, interest and other	225,555		196,811
Premises and equipment	183,289		185,991
Goodwill	366,777		365,670
Other assets	615,484		662,713
Total assets	37,803,226		36,293,541
LIABILITIES AND STOCKHOLDERS' EQUITY
Short-term borrowing	100,000		150,000
Financial instruments sold, not yet purchased, at fair value:
Corporate equity securities	1,934,184		1,539,332
Corporate debt securities	1,845,617		1,389,312
Government, federal agency and other sovereign obligations	5,045,241		3,666,112
Mortgage- and asset-backed securities, liabilities	101,580		241,211
Loans	452,007		207,227
Derivatives	220,697		229,127
Physical commodities	167,550		183,142
Total financial instruments sold, not yet purchased, at fair value	9,766,876		7,455,463
Securities loaned	1,902,687		1,934,355
Securities sold under agreements to repurchase	7,976,492		8,181,250
Obligation to return securities received as collateral	25,338
Payables:
Brokers, dealers and clearing organizations	1,787,055		2,819,677
Customers	5,450,781		5,568,017
Accrued expenses and other liabilities	915,534		1,124,368
Long-term debt	5,711,751		4,804,607
Mandatorily redeemable convertible preferred stock	125,000		125,000
Mandatorily redeemable preferred interests of consolidated subsidiaries	358,951		348,051
Total liabilities	34,120,465		32,510,788
STOCKHOLDERS' EQUITY
Common stock, $.0001 par value. Authorized 500,000,000 shares; issued 214,707,928 shares at February 28, 2013 and 204,147,007 shares at November 30, 2012	21		20
Additional paid-in capital	2,231,430		2,219,959
Retained earnings	1,339,430		1,281,855
Treasury stock, at cost, 9,339,897 shares at February 28, 2013 and 835,033 shares at November 30, 2012	(181,145)		(12,682)
Accumulated other comprehensive loss:
Currency translation adjustments	(48,027)		(38,009)
Additional minimum pension liability	(15,128)		(15,128)
Total accumulated other comprehensive loss	(63,155)		(53,137)
Total common stockholders' equity	3,326,581		3,436,015
Noncontrolling interests	356,180		346,738
Total stockholders' equity	3,682,761		3,782,753
Total liabilities and stockholders' equity	37,803,226		36,293,541
Variable Interest Entity, Primary Beneficiary
Assets
Cash and cash equivalents	335,419		388,279
Financial instruments owned, at fair value
Corporate equity securities	161,305		105,271
Corporate debt securities	486,283		394,043
Mortgage- and asset-backed securities, assets	16,885		15,589
Loans and other receivables	581,444		383,667
Derivatives	211
Investments, at fair value	2,186		5,836
Total financial instruments owned, at fair value	1,248,314		904,406
Receivables:
Brokers, dealers and clearing organizations	474,096		236,594
Fees, interest and other	9,619		10,931
Other assets	96		348
Total assets	2,067,544		1,540,558
Financial instruments sold, not yet purchased, at fair value:
Corporate equity securities	15,161
Corporate debt securities	450,936		325,979
Loans	452,007		199,610
Derivatives			505
Total financial instruments sold, not yet purchased, at fair value	918,104		526,094
Payables:
Brokers, dealers and clearing organizations	365,139		201,237
Accrued expenses and other liabilities	137,661		72,956
Mandatorily redeemable preferred interests of consolidated subsidiaries	358,951		348,051
Total liabilities	$ 1,779,855		$ 1,148,338

[1] Consists of deposits at exchanges and clearing organizations, as well as deposits in accordance with Rule 15c3-3 of the Securities Exchange Act of 1934, which subjects Jefferies as a broker-dealer carrying client accounts to requirements related to maintaining cash or qualified securities in a segregated reserve account for the exclusive benefit of its clients, and Jefferies Bache, LLC which, as a futures commission merchant, is subject to the segregation requirements pursuant to the Commodity Exchange Act.

[2] Includes U.S. government securities segregated for regulatory purposes with a fair value of $357.2 million.

[3] Includes U.S. government securities segregated for regulatory purposes with a fair value of $404.3 million.