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Consolidated Statements of Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended
May 31, 2014
Successor [Member]
May 31, 2013
Successor [Member]
May 31, 2014
Successor [Member]
Feb. 28, 2013
Predecessor [Member]
Revenues:        
Commissions $ 167,378 $ 162,759 $ 329,441 $ 146,240
Principal transactions 183,416 134,571 421,779 300,278
Investment banking 331,149 277,134 745,469 288,278
Asset management fees and investment income from managed funds (3,101) 10,527 6,856 10,883
Interest 283,540 258,665 532,808 249,277
Other 8,404 26,245 31,473 27,004
Total revenues 970,786 869,901 2,067,826 1,021,960
Interest expense 247,794 211,463 445,806 203,416
Net revenues 722,992 658,438 1,622,020 818,544
Interest on mandatorily redeemable preferred interests of consolidated subsidiaries   3,368   10,961
Net revenues, less interest on mandatorily redeemable preferred interests of consolidated subsidiaries 722,992 655,070 1,622,020 807,583
Non-interest expenses:        
Compensation and benefits 404,876 373,880 912,775 474,217
Non-compensation expenses:        
Floor brokerage and clearing fees 54,020 48,902 103,533 46,155
Technology and communications 70,257 63,839 134,563 59,878
Occupancy and equipment rental 26,673 32,225 53,175 24,309
Business development 24,917 22,732 51,393 24,927
Professional services 25,345 29,519 50,164 24,135
Other 17,767 18,720 35,011 14,475
Total non-compensation expenses 218,979 215,937 427,839 193,879
Total non-interest expenses 623,855 589,817 1,340,614 668,096
Earnings before income taxes 99,137 65,253 281,406 139,487
Income tax expense 37,323 25,007 104,200 48,645
Net earnings 61,814 40,246 177,206 90,842
Net earnings attributable to noncontrolling interests 488 738 3,448 10,704
Net earnings attributable to Jefferies Group LLC/common stockholders $ 61,326 $ 39,508 $ 173,758 $ 80,138
Earnings per common share:        
Basic       $ 0.35
Diluted       $ 0.35
Dividends declared per common share       $ 0.075
Weighted average common shares:        
Basic       213,732
Diluted       217,844