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Consolidated Statements of Operations - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Nov. 30, 2018
Nov. 30, 2019
Dec. 31, 2017
Revenues:      
Revenues $ 5,009,728 $ 5,358,656 $ 5,048,906
Interest expense 89,249 87,177 101,202
Net revenues 3,764,034 3,892,976 4,077,445
Expenses:      
Compensation and benefits 1,862,782 1,824,891 1,950,935
Cost of sales 307,071 319,641 280,952
Floor brokerage and clearing fees 184,210 223,140 174,506
Interest expense 89,249 87,177 101,202
Depreciation and amortization 120,317 152,871 110,395
Selling, general and other expenses 961,328 1,009,643 778,052
Total expenses 3,524,957 3,617,363 3,396,042
Income from continuing operations before income taxes and income (loss) related to associated companies 239,077 275,613 681,403
Income (loss) related to associated companies 57,023 202,995 (74,901)
Income from continuing operations before income taxes 296,100 478,608 606,502
Income tax provision (benefit) 19,008 (483,955) 642,286
Income (loss) from continuing operations 277,092 962,563 (35,784)
Income from discontinued operations, net of income tax provision of $0, $47,045 and $118,681 130,063 0 288,631
Gain on disposal of discontinued operations, net of income tax provision of $0, $229,553 and $0 643,921 0 0
Net income 1,051,076 962,563 252,847
Net loss attributable to the noncontrolling interests 12,975 1,847 3,455
Net (income) loss attributable to the redeemable noncontrolling interests (37,263) 286 (84,576)
Preferred stock dividends (4,470) (5,103) (4,375)
Net income attributable to Jefferies Financial Group Inc. common shareholders $ 1,022,318 $ 959,593 $ 167,351
Basic earnings (loss) per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations (USD per share) $ 0.82 $ 3.07 $ (0.10)
Income from discontinued operations (USD per share) 0.27 0 0.55
Gain on disposal of discontinued operations (USD per share) 1.84 0 0
Net income (USD per share) 2.93 3.07 0.45
Diluted earnings (loss) per common share attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations (USD per share) 0.81 3.03 (0.10)
Income from discontinued operations (USD per share) 0.26 0 0.55
Gain on disposal of discontinued operations (USD per share) 1.83 0 0
Net income (USD per share) $ 2.90 $ 3.03 $ 0.45
Amounts attributable to Jefferies Financial Group Inc. common shareholders:      
Income (loss) from continuing operations, net of taxes $ 285,475 $ 959,593 $ (36,003)
Income from discontinued operations, net of taxes 92,922 0 203,354
Gain on disposal of discontinued operations, net of taxes 643,921 0 0
Net income attributable to Jefferies Financial Group Inc. common shareholders 1,022,318 959,593 167,351
Commissions and other fees      
Revenues:      
Revenues 662,546 675,772 617,020
Principal transactions      
Revenues:      
Revenues 232,224 559,300 923,418
Investment banking      
Revenues:      
Revenues 1,904,870 1,526,992 1,764,285
Interest income      
Revenues:      
Revenues 1,294,325 1,603,940 993,198
Manufacturing revenues      
Revenues:      
Revenues 357,427 324,659 326,197
Other      
Revenues:      
Revenues 558,336 667,993 424,788
Jefferies Group      
Revenues:      
Interest expense 1,245,694 1,465,680 971,461
Expenses:      
Interest expense $ 1,245,694 $ 1,465,680 $ 971,461