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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2017
Impact of certain discrete items related to non-U.S. subsidiaries planning for the Tax Act   $ 165,300  
Adjustment related to foreign currency gains reclassified to other revenues   20,500  
Changes in instrument specific credit risk, tax benefits (expenses) $ 4,500 (15,500) $ 13,200
Cash flow hedges, tax benefits (expenses) 200 (800) 600
Cash flow hedges reclassification amount [1] 470 (1,406) 936
Minimum pension liability adjustments, tax benefits (expenses) 500 (700) 100
Pension losses reclassification amount (100) (300)  
Pension losses reclassification amount, tax   100  
Minimum pension liability adjustments, net of tax [2] (1,318) 4,285 $ 312
Unrealized gain on available-for-sale securities, tax expense 200 100  
Currency translation and other adjustments      
Impact of certain discrete items related to non-U.S. subsidiaries planning for the Tax Act (3,200) 8,900  
Changes in instrument specific credit risk      
Changes in instrument specific credit risk reclassified to Principal transactions revenues 400 900  
Changes in instrument specific credit risk reclassified to Principal transactions revenues, tax $ 200 300  
Reclassification amount related to the Tax Act   (6,500)  
Cash flow hedges      
Reclassification amount related to the Tax Act   (200)  
Minimum pension liability adjustments      
Reclassification amount related to the Tax Act   (800)  
German Plan      
Minimum pension liability adjustments, net of tax   (5,300)  
Pension Plan | German Plan      
Minimum pension liability adjustments, net of tax   $ 5,300  
[1] The amounts include income tax benefits (expenses) of approximately $0.2 million, $(0.8) million, and $0.6 million for the years ended November 30, 2019, 2018 and 2017, respectively. The cash flow hedge loss of $0.5 million during the year ended November 30, 2019 was reclassified to Other revenues within the Consolidated Statement of Earnings due to the sale of all of our common shares of Epic Gas Ltd. (“Epic Gas”). Refer to Note 9, Investments, for further information. The amount during the year ended November 30, 2018 also includes $(0.2) million related to the Tax Act, which was reclassified to Member’s paid-in capital.
[2]
The amounts include income tax benefits (expenses) of $0.5 million, $(0.7) million and $0.1 million for the years ended November 30, 2019, 2018 and 2017, respectively. The amount during the year ended November 30, 2019 includes pension losses of $(0.1) million, which was reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings. The amount during the year ended November 30, 2018 includes $5.3 million related to the transfer of the German Pension Plan and $(0.3) million, net of taxes of $0.1 million, related to pension losses, which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings and $(0.8) million related to the Tax Act, which was reclassified to Member’s paid-in capital.