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CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Revenues:    
Revenue from contracts with customers $ 775,941 $ 447,407
Principal transactions 371,902 234,298
Asset management and revenues 11,720 7,031
Interest 294,668 360,975
Other 29,729 11,830
Total revenues 1,479,556 1,054,872
Interest expense 308,860 369,154
Net revenues 1,170,696 685,718
Non-interest expenses:    
Compensation and benefits 635,230 371,685
Non-compensation expenses:    
Floor brokerage and clearing fees 60,580 51,977
Technology and communications 89,184 79,170
Occupancy and equipment rental 27,503 28,539
Business development 29,957 30,555
Professional services 44,665 36,927
Underwriting costs 17,529 8,575
Other 30,670 15,705
Total non-compensation expenses 300,088 251,448
Total non-interest expenses 935,318 623,133
Earnings before income taxes 235,378 62,585
Income tax expense 64,013 16,220
Net earnings 171,365 46,365
Net earnings (loss) attributable to noncontrolling interests (2,024) 384
Net earnings attributable to Jefferies Group LLC 173,389 45,981
Commissions and other fees    
Revenues:    
Revenue from contracts with customers 179,535 155,142
Investment banking    
Revenues:    
Revenue from contracts with customers $ 592,002 $ 285,596