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Income Taxes - Schedule of Reconciliation of Expected Statutory Federal Income Tax to Actual Income Tax Provision (Benefit) (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Amount      
Computed expected federal income taxes $ 221,668 $ 473,362 $ 224,087
State and local income taxes, net of Federal income tax benefit 47,364 96,884 45,457
International operations (including foreign rate differential) 18,711 18,073 13,155
Non-deductible executive compensation 12,596 20,359 12,814
Foreign tax credits, net (20,368) (13,963) (8,654)
Employee share-based awards (37,988) 893 209
Regulatory Settlement 20,184 0 0
Change in unrecognized tax benefits related to prior years (16,915) (27,374) (4,522)
Interest on unrecognized tax benefits 13,902 8,651 15,600
Other, net 14,698 (156) 527
Total income tax expense $ 273,852 $ 576,729 [1] $ 298,673 [1]
Percent      
Computed expected federal income taxes 21.00% 21.00% 21.00%
State and local income taxes, net of Federal income tax benefit 4.50% 4.30% 4.30%
International operations (including foreign rate differential) 1.80% 0.80% 1.20%
Non-deductible executive compensation 1.20% 0.90% 1.20%
Foreign tax credits, net (1.90%) (0.60%) (0.80%)
Employee share-based awards (3.60%) 0.00% 0.00%
Regulatory Settlement 1.90% 0.00% 0.00%
Change in unrecognized tax benefits related to prior years (1.70%) (1.20%) (0.50%)
Interest on unrecognized tax benefits 0.013 0.004 0.015
Other, net 1.40% 0.00% 0.10%
Total income tax expense, percent 25.90% 25.60% 28.00%
[1] See Note 1 for a description of financial statement presentation changes made as a result of our Merger with Jefferies Group.