XML 18 R5.htm IDEA: XBRL DOCUMENT v3.21.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2019
Statement of Comprehensive Income [Abstract]      
Net earnings $ 1,624,724 $ 874,706 $ 244,385
Other comprehensive loss, net of tax:      
Currency translation and other adjustments [1] (9,818) 37,535 6,426
Changes in instrument specific credit risk [2] (82,521) (52,262) (13,161)
Cash flow hedges [3] 0 0 (470)
Minimum pension liability adjustments [4] (739) (2,025) (1,318)
Unrealized gain on available-for-sale securities (244) 372 487
Total other comprehensive loss, net of tax [5] (93,322) (16,380) (8,036)
Comprehensive income 1,531,402 858,326 236,349
Net earnings (loss) attributable to noncontrolling interests 5,993 (4,597) (1,644)
Comprehensive income attributable to Jefferies Group LLC $ 1,525,409 $ 862,923 $ 237,993
[1] The amounts include income tax benefits (expenses) of approximately $0.6 million, $(11.9) million and $(3.2) million during the years ended November 30, 2021, 2020 and 2019, respectively.
[2] The amounts include income tax benefits of approximately $26.7 million, $16.4 million and $4.5 million for the years ended November 30, 2021, 2020 and 2019, respectively. The amounts for the years ended November 30, 2021, 2020 and 2019 include net gains (losses) of $(1.9) million, $(0.4) million and $0.4 million, respectively, net of tax benefits (expenses) of $0.6 million, $0.1 million and $(0.2) million, respectively, related to changes in instrument specific risk, which were reclassified to Principal transactions revenues within the Consolidated Statements of Earnings.
[3] The includes income tax benefits of approximately $0.2 million for the year ended 2019. 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.
[4] The amounts include income tax benefits of $0.2 million, $0.7 million and $0.5 million for the years ended November 30, 2021, 2020 and 2019, respectively. The amounts during the years ended November 30, 2021 and 2020, include pension net gains of $0.4 million and $0.5 million, respectively, net of tax of $0.1 million and $0.2 million, respectively, which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings. The amount during the year ended November 30, 2019 includes pension net gains of $0.1 million, net of negligible tax expenses, which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings.
[5] None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.