XML 25 R7.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Statement of Comprehensive Income [Abstract]      
Net earnings $ 781,710 $ 1,677,376 [1] $ 768,410 [1]
Other comprehensive loss, net of tax:      
Currency translation and other adjustments [2] (53,572) (9,781) 35,991
Change in fair value of instrument specific credit risk [3] 49,146 (82,521) (52,262)
Minimum pension liability adjustments [4] 3,311 9,320 21
Unrealized gain (loss) on available-for-sale securities (6,161) (244) 372
Total other comprehensive loss, net of tax [5] (7,276) (83,226) (15,878)
Comprehensive income 774,434 1,594,150 752,532
Net earnings (loss) attributable to noncontrolling interests (2,397) 3,850 (5,271)
Net loss attributable to redeemable noncontrolling interests (1,342) (826) (1,558)
Preferred stock dividends 8,281 6,949 [1] 5,634 [1]
Comprehensive income attributable to Jefferies Financial Group Inc. common shareholders $ 769,892 $ 1,584,177 $ 753,727
[1] See Note 1 for a description of financial statement presentation changes made as a result of our Merger with Jefferies Group.
[2] The amounts include income tax benefits (expenses) of approximately $15.6 million, $0.6 million and $(11.4) million during the years ended November 30, 2022, 2021 and 2020, respectively.
[3] The amounts include income tax benefits (expenses) of approximately $(15.6) million, $26.7 million and $16.4 million for the years ended November 30, 2022, 2021 and 2020, respectively. The amounts for the years ended November 30, 2022, 2021 and 2020 include net gains (losses) of $0.1 million, $(1.9) million and $(0.4) million, respectively, net of tax benefits (expenses) of $41 thousand, $0.6 million and $0.1 million, respectively, for fair value changes related to instrument specific risk, which were reclassified to Principal transactions revenues within the Consolidated Statements of Earnings.
[4] The amounts include income tax benefits (expense) of $(1.2) million, $(3.1) million and $13 thousand for the years ended November 30, 2022, 2021 and 2020, respectively. The amounts during the years ended November 30, 2022, 2021 and 2020, include pension net losses of $2.5 million, $3.1 million and $2.9 million, respectively, net of tax benefits of $0.8 million, $1.1 million and $1.0 million, respectively, which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings.
[5] None of the components of other comprehensive income (loss) are attributable to noncontrolling interests, redeemable noncontrolling interest or preferred stock dividends.