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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Beef processing services $ 1,874,495 $ 1,797,380 $ 3,433,518 $ 3,428,751
Commissions 152,643 146,157 298,465 301,981
Principal transactions 226,035 262,347 642,536 159,864
Investment banking 351,863 253,046 759,884 483,976
Interest income 249,598 231,593 473,228 463,609
Net realized securities gains 1,111 7,414 1,571 8,142
Other 133,970 143,379 460,882 202,302
Total revenues 2,989,715 2,841,316 6,070,084 5,048,625
Interest expense 27,834 22,706 55,218 45,024
Net revenues 2,732,380 2,625,358 5,600,362 4,640,464
Expenses:        
Cost of sales 1,820,551 1,776,370 3,353,645 3,424,422
Compensation and benefits 491,573 458,091 995,756 847,498
Floor brokerage and clearing fees 44,435 43,591 90,293 84,070
Interest 27,834 22,706 55,218 45,024
Depreciation and amortization 50,717 50,769 100,227 100,379
Selling, general and other expenses 186,692 186,259 367,974 373,514
Total expenses 2,621,802 2,537,786 4,963,113 4,874,907
Income (loss) before income taxes and income (loss) related to associated companies 110,578 87,572 637,249 (234,443)
Income (loss) related to associated companies 14,104 51,890 (114,470) 71,942
Income (loss) before income taxes 124,682 139,462 522,779 (162,501)
Income tax provision (benefit) 50,620 68,850 154,794 (14,511)
Net income (loss) 74,062 70,612 367,985 (147,990)
Net loss attributable to the noncontrolling interests 1,446 760 1,969 1,812
Net income attributable to the redeemable noncontrolling interests (16,300) (13,068) (28,322) (17,382)
Preferred stock dividends (1,015) (1,015) (2,031) (2,031)
Net income (loss) attributable to Leucadia National Corporation common shareholders $ 58,193 $ 57,289 $ 339,601 $ (165,591)
Basic earnings (loss) per common share attributable to Leucadia National Corporation common shareholders:        
Net income (loss) (in dollars per share) $ 0.16 $ 0.15 $ 0.92 $ (0.44)
Diluted earnings (loss) per common share attributable to Leucadia National Corporation common shareholders:        
Net income (loss) (in dollars per share) 0.16 0.15 0.91 (0.44)
Dividends per common share (in dollars per share) $ 0.0625 $ 0.0625 $ 0.1250 $ 0.125
Investment Banking And Capital Markets Segment        
Revenues:        
Interest expense $ 257,335 $ 215,958 $ 469,722 $ 408,161
Expenses:        
Interest $ 257,335 $ 215,958 $ 469,722 $ 408,161