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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Statement of Comprehensive Income [Abstract]    
Net earnings $ 341,143 $ 493,865
Other comprehensive income (loss), net of tax:    
Currency translation adjustments and other [1] 380 10,939
Changes in instrument specific credit risk [2] 41,434 (69,436)
Unrealized losses on available-for-sale securities (173) (60)
Total other comprehensive income (loss), net of tax [3] 41,641 (58,557)
Comprehensive income 382,784 435,308
Net losses attributable to noncontrolling interests (267) (203)
Comprehensive income attributable to Jefferies Group LLC $ 383,051 $ 435,511
[1] The amount includes income tax expense of approximately $3.2 million during the three months ended February 28, 2021.
[2] The amounts include income tax benefits (expenses) of approximately $(13.2) million and $22.3 million during the three months ended February 28, 2022 and 2021, respectively. The amount during the three months ended February 28, 2021 also includes a net loss of $0.2 million, net of an income tax benefit $0.1 million, related to changes in instrument specific-credit risk, which was reclassified to Principal transactions revenues in our Consolidated Statement of Earnings.
[3] None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.