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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Revenues:      
Commissions and other fees $ 593,257 $ 611,574 $ 659,002
Principal transactions 800,660 519,652 172,608
Investment banking 1,764,285 1,193,973 1,439,007
Asset management fees and investment income from managed funds 16,463 31,062 8,015
Interest 905,601 857,838 922,189
Other 98,316 19,724 74,074
Total revenues 4,178,582 3,233,823 3,274,895
Interest expense 980,473 819,209 799,654
Net revenues 3,198,109 2,414,614 2,475,241
Non-interest expenses:      
Compensation and benefits 1,829,096 1,568,948 1,467,131
Non-compensation expenses:      
Floor brokerage and clearing fees 179,478 167,205 199,780
Technology and communications 279,242 262,396 313,044
Occupancy and equipment rental 102,904 101,133 101,138
Business development 99,884 93,105 105,963
Professional services 114,711 112,562 103,972
Other 87,870 79,293 69,986
Total non-compensation expenses 864,089 815,694 893,883
Total non-interest expenses 2,693,185 2,384,642 2,361,014
Earnings before income taxes 504,924 29,972 114,227
Income tax expense 147,340 14,566 18,898
Net earnings 357,584 15,406 95,329
Net earnings (loss) attributable to noncontrolling interests 86 (28) 1,795
Net earnings attributable to Jefferies Group LLC $ 357,498 $ 15,434 $ 93,534