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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2016
Aug. 31, 2015
Revenues:        
Commissions and other fees $ 152,044 $ 172,284 $ 454,025 $ 512,714
Principal transactions 167,483 (50,297) 382,290 211,142
Investment banking 294,930 389,820 778,906 1,066,077
Asset management fees and investment income (loss) from managed funds 15,877 4,182 29,743 (5)
Interest 213,716 230,805 655,836 700,227
Other 19,791 34,329 (6,937) 82,810
Total revenues 863,841 781,123 2,293,863 2,572,965
Interest expense 209,391 202,195 621,018 610,811
Net revenues 654,450 578,928 1,672,845 1,962,154
Non-interest expenses:        
Compensation and benefits 376,438 336,499 1,141,497 1,182,484
Non-compensation expenses:        
Floor brokerage and clearing fees 40,189 45,307 124,259 159,100
Technology and communications 64,512 89,378 196,000 234,126
Occupancy and equipment rental 24,987 25,967 74,498 74,571
Business development 20,259 30,527 67,700 78,865
Professional services 29,761 24,684 82,799 76,359
Other 17,582 19,473 52,649 51,960
Total non-compensation expenses 197,290 235,336 597,905 674,981
Total non-interest expenses 573,728 571,835 1,739,402 1,857,465
Earnings (loss) before income taxes 80,722 7,093 (66,557) 104,689
Income tax expense 39,564 4,609 5,112 29,470
Net earnings (loss) 41,158 2,484 (71,669) 75,219
Net earnings (loss) attributable to noncontrolling interests (11) 427 77 1,647
Net earnings (loss) attributable to Jefferies Group LLC $ 41,169 $ 2,057 $ (71,746) $ 73,572