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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Statement of Comprehensive Income [Abstract]    
Net earnings $ 171,365 $ 46,365
Other comprehensive income (loss), net of tax:    
Currency translation adjustments and other [1] (8,996) 30,060
Changes in instrument specific credit risk [2] 22,996 17,829
Cash flow hedges [3] 0 (251)
Unrealized gain on available-for-sale securities [4] 237 146
Total other comprehensive income, net of tax [5] 14,237 47,784
Comprehensive income 185,602 94,149
Net earnings (loss) attributable to noncontrolling interests (2,024) 384
Comprehensive income attributable to Jefferies Group LLC $ 187,626 $ 93,765
[1]
The amounts include income tax benefits (expenses) of approximately $3.1 million and $(7.4) million during the three months ended February 29, 2020 and February 28, 2019, respectively.
[2]
The amounts include income tax expenses of approximately $7.9 million and $6.0 million during the three months ended February 29, 2020 and February 28, 2019, respectively. The amount during the three months ended February 29, 2020 includes a loss of $0.3 million, net of an income tax benefit of $0.1 million, related to changes in instrument specific risk, which was reclassified to Principal transactions revenues in our Consolidated Statements of Earnings. The amount during the three months ended February 28, 2019 includes a gain of $0.3 million, net of income tax expenses of $0.1 million, related to changes in instrument specific risk, which was reclassified to Principal transactions revenues in our Consolidated Statements of Earnings.
[3]
The amount during the three months ended February 28, 2019 includes an income tax benefit of $0.1 million.
[4] The amounts include income tax expenses of $0.1 million
[5]
None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.