Schedule Of Segment Reporting Information, By Segment |
Certain information concerning our segments is presented in the following table. Consolidated subsidiaries are reflected as of the date a majority controlling interest was acquired. As discussed above, Jefferies Group is reflected in our consolidated financial statements utilizing a one month lag for the three and six months ended June 30, 2018. | | | | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | May 31, 2019 | | June 30, 2018 | | May 31, 2019 | | June 30, 2018 | | (In thousands) | Net revenues: | | | | | | | | Reportable Segments: | | | | | | | | Jefferies Group (1) | $ | 901,851 |
| | $ | 822,557 |
| | $ | 1,587,569 |
| | $ | 1,643,803 |
| Merchant Banking (1) | 187,324 |
| | 86,417 |
| | 323,662 |
| | 160,318 |
| Corporate | 8,974 |
| | 2,994 |
| | 13,167 |
| | 6,061 |
| Total net revenues related to reportable segments | 1,098,149 |
|
| 911,968 |
| | 1,924,398 |
| | 1,810,182 |
| Consolidation adjustments | 3,508 |
| | (809 | ) | | 5,702 |
| | (3,588 | ) | Total consolidated net revenues | $ | 1,101,657 |
|
| $ | 911,159 |
| | $ | 1,930,100 |
| | $ | 1,806,594 |
| | | | | | | | | Income (loss) from continuing operations before income taxes: | |
| | |
| | |
| | |
| Reportable Segments: | |
| | |
| | |
| | |
| Jefferies Group (1) | $ | 155,138 |
| | $ | 121,865 |
| | $ | 217,723 |
| | $ | 244,603 |
| Merchant Banking (1) | 51,224 |
| | (50,058 | ) | | 71,329 |
| | (99,315 | ) | Corporate | (13,885 | ) | | (21,215 | ) | | (35,228 | ) | | (42,740 | ) | Income from continuing operations before income taxes related to reportable segments | 192,477 |
|
| 50,592 |
| | 253,824 |
| | 102,548 |
| Parent Company interest | (14,766 | ) | | (14,750 | ) | | (29,528 | ) | | (29,496 | ) | Consolidation adjustments | 5,768 |
| | 1,673 |
| | 8,500 |
| | 2,226 |
| Total consolidated income from continuing operations before income taxes | $ | 183,479 |
|
| $ | 37,515 |
| | $ | 232,796 |
| | $ | 75,278 |
| | | | | | | | | Depreciation and amortization expenses: | |
| | |
| | |
| | |
| Reportable Segments: | |
| | |
| | |
| | |
| Jefferies Group (1) | $ | 18,968 |
| | $ | 17,288 |
| | $ | 36,630 |
| | $ | 33,654 |
| Merchant Banking (1) | 16,951 |
| | 13,740 |
| | 32,368 |
| | 24,664 |
| Corporate | 867 |
| | 877 |
| | 1,722 |
| | 1,747 |
| Total consolidated depreciation and amortization expenses | $ | 36,786 |
|
| $ | 31,905 |
| | $ | 70,720 |
| | $ | 60,065 |
|
| | (1) | Amounts related to LAM and Berkadia are included in Merchant Banking prior to their transfer to Jefferies Group in the fourth quarter of 2018. For the three and six months ended June 30, 2018, net revenues related to the net assets transferred were $15.8 million and $(20.8) million, respectively, and income from continuing operations before income taxes related to the net assets transferred was $29.8 million and $9.1 million, respectively. |
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