XML 122 R110.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Nov. 30, 2021
Segment Reporting Information [Line Items]          
Total consolidated revenues $ 1,369,082 $ 1,950,507 $ 3,100,997 $ 4,437,449  
Total consolidated income before income taxes 166,541 474,139 558,873 1,274,924  
Total consolidated depreciation and amortization expenses 40,307 39,440 86,244 78,207  
Total consolidated assets [1] 57,213,810   57,213,810   $ 60,404,110
Reconciling items - Parent Company interest          
Segment Reporting Information [Line Items]          
Total consolidated income before income taxes (8,385) (13,829) (16,776) (27,731)  
Reportable Segments          
Segment Reporting Information [Line Items]          
Total consolidated revenues 1,369,598 1,947,076 3,101,653 4,431,368  
Total consolidated income before income taxes 175,282 484,512 576,005 1,296,400  
Total consolidated assets 57,442,363   57,442,363   60,805,150
Reportable Segments | Investment Banking and Capital Markets          
Segment Reporting Information [Line Items]          
Total consolidated revenues 1,098,378 1,598,862 2,580,196 3,586,358  
Total consolidated income before income taxes 188,063 435,015 608,948 991,246  
Total consolidated depreciation and amortization expenses 22,766 20,805 46,321 41,515  
Total consolidated assets 49,754,402   49,754,402   52,903,374
Reportable Segments | Asset Management          
Segment Reporting Information [Line Items]          
Total consolidated revenues 31,147 50,675 91,103 279,877  
Total consolidated income before income taxes 973 7,148 16,982 191,080  
Total consolidated depreciation and amortization expenses 467 489 829 968  
Total consolidated assets 3,461,539   3,461,539   3,205,799
Reportable Segments | Merchant Banking          
Segment Reporting Information [Line Items]          
Total consolidated revenues 238,255 296,815 427,790 563,819  
Total consolidated income before income taxes (3,628) 54,448 (28,035) 146,650  
Total consolidated depreciation and amortization expenses 16,655 17,268 38,251 33,982  
Total consolidated assets 2,323,547   2,323,547   2,263,050
Reportable Segments | Corporate          
Segment Reporting Information [Line Items]          
Total consolidated revenues 1,818 724 2,564 1,314  
Total consolidated income before income taxes (10,126) (12,099) (21,890) (32,576)  
Total consolidated depreciation and amortization expenses 419 878 843 1,742  
Total consolidated assets 1,902,875   1,902,875   2,432,927
Reconciling items - Consolidation adjustments          
Segment Reporting Information [Line Items]          
Total consolidated revenues (516) 3,431 (656) 6,081  
Total consolidated income before income taxes (356) $ 3,456 (356) $ 6,255  
Total consolidated assets $ (228,553)   $ (228,553)   $ (401,040)
[1] Total assets include assets related to variable interest entities of $854.8 million and $1.05 billion at May 31, 2022 and November 30, 2021, respectively, Total liabilities include liabilities related to variable interest entities of $2.68 billion and $4.64 billion at May 31, 2022 and November 30, 2021, respectively, and Noncontrolling interests include noncontrolling interests related to variable interest entities of $34.6 million at May 31, 2022. See Note 7 for additional information related to variable interest entities.