XML 20 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Nov. 30, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Revenues $ 5,009,728 $ 5,048,906 $ 3,848,011
Interest expense 89,249 101,202 95,757
Net revenues 3,764,034 4,077,445 3,035,374
Expenses:      
Compensation and benefits 1,862,782 1,950,935 1,688,325
Cost of sales 307,071 280,952 337,039
Floor brokerage and clearing fees 184,210 174,506 167,205
Interest expense 89,249 101,202 95,757
Depreciation and amortization 120,317 110,395 117,111
Selling, general and other expenses 961,328 778,052 797,127
Total expenses 3,524,957 3,396,042 3,202,564
Income (loss) from continuing operations before income taxes and income (loss) related to associated companies 239,077 681,403 (167,190)
Income (loss) related to associated companies 57,023 (74,901) 154,598
Income (loss) from continuing operations before income taxes 296,100 606,502 (12,592)
Income tax provision 19,008 642,286 25,773
Income (loss) from continuing operations 277,092 (35,784) (38,365)
Income from discontinued operations, net of income tax provision of $47,045, $118,681 and $96,336 130,063 288,631 232,686
Gain on disposal of discontinued operations, net of income tax provision of $229,553, $0 and $0 643,921 0 0
Net income 1,051,076 252,847 194,321
Net loss attributable to the noncontrolling interests 12,975 3,455 1,426
Net income attributable to the redeemable noncontrolling interests (37,263) (84,576) (65,746)
Preferred stock dividends (4,470) (4,375) (4,063)
Net income attributable to Jefferies Financial Group Inc. common shareholders $ 1,022,318 $ 167,351 $ 125,938
Basic earnings (loss) per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations (USD per share) $ 0.82 $ (0.10) $ (0.10)
Income from discontinued operations (USD per share) 0.27 0.55 0.44
Gain on disposal of discontinued operations (USD per share) 1.84 0.00 0.00
Net income (USD per share) 2.93 0.45 0.34
Diluted earnings (loss) per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations (USD per share) 0.81 (0.10) (0.10)
Income from discontinued operations (USD per share) 0.26 0.55 0.44
Gain on disposal of discontinued operations (USD per share) 1.83 0.00 0.00
Net income (USD per share) $ 2.90 $ 0.45 $ 0.34
Amounts attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations, net of taxes $ 285,475 $ (36,003) $ (37,937)
Income from discontinued operations, net of taxes 92,922 203,354 163,875
Gain on disposal of discontinued operations, net of taxes 643,921 0 0
Net income attributable to Jefferies Financial Group Inc. common shareholders 1,022,318 167,351 125,938
Commissions and other fees      
Revenues:      
Revenues 634,271 593,257 611,574
Principal transactions      
Revenues:      
Revenues 232,224 923,418 534,784
Investment banking      
Revenues:      
Revenues 1,904,870 1,764,285 1,193,973
Interest income      
Revenues:      
Revenues 1,294,325 993,198 926,089
Manufacturing revenues      
Revenues:      
Revenues 357,427 326,197 412,826
Other      
Revenues:      
Revenues 586,611 448,551 168,765
Jefferies Group      
Revenues:      
Interest expense 1,245,694 971,461 812,637
Net revenues 3,183,376 3,198,109 2,414,614
Expenses:      
Interest expense $ 1,245,694 $ 971,461 $ 812,637