SEGMENT ANALYSIS (Tables)

12 Months Ended

Sep. 30, 2011

SEGMENT ANALYSIS [Abstract]

Information Concerning Operations on a Segment Basis

Information concerning operations in these segments of business is as follows:

	Year ended September 30,
	2011			2010			2009
	(in thousands)
Revenues:
Private Client Group	$	2,185,990		$	1,903,101		$	1,557,462
Capital Markets		664,276			591,949			533,254
Asset Management		226,511			196,817			177,359
RJ Bank		281,992			276,770			343,366
Emerging Markets		43,184			16,639			14,891
Securities Lending		6,432			8,837			10,269
Proprietary Capital		16,805			17,029			12,742
Other		10,524			8,056			7,153
Intersegment eliminations		(35,828	)		(39,682	)		(53,977	)
Total revenues	$	3,399,886		$	2,979,516		$	2,602,519
Income (loss) excluding noncontrolling interests and before provision for income taxes:
Private Client Group	$	218,811		$	160,470		$	84,873
Capital Markets		77,990			84,236			73,481
Asset Management		66,176			46,981			30,411
RJ Bank		172,993			112,009			80,011
Emerging Markets		4,531			(5,446	)		(4,886	)
Securities Lending		1,488			2,721			3,651
Proprietary Capital		4,391			1,728			1,035
Other		(85,133	)(1)		(40,791	)		(19,802	)
Pre-tax income excluding noncontrolling interests		461,247			361,908			248,774
Add:  net loss attributable to noncontrolling interests		(10,502	)		(5,764	)		(12,373	)
Income including noncontrolling interests and before provision for income taxes	$	450,745		$	356,144		$	236,401

(1)   The Other segment for the year ended September 30, 2011 includes a $41.4 million pre-tax loss on auction rate securities repurchased (see further discussion of this matter in Note 17).

	Year ended September 30,
	2011			2010			2009
	(in thousands)
Net interest income (expense):
Private Client Group	$	67,496		$	55,934		$	50,698
Capital Markets		4,967			5,377			2,800
Asset Management		107			45			151
RJ Bank		271,306			259,565			322,393
Emerging Markets		1,199			93			1,035
Securities Lending		4,228			4,918			6,431
Proprietary Capital		473			1,953			173
Other		(23,288	)		(19,844	)		2,950
Net interest income	$	326,488		$	308,041		$	386,631

The following table presents our total assets on a segment basis:

	September 30,
	2011		2010
	(in thousands)
Total assets:
Private Client Group (1)	$	5,581,214	$	4,053,054
Capital Markets (2)		1,478,974		1,791,618
Asset Management		61,793		62,850
RJ Bank		8,741,975		10,818,240
Emerging Markets		74,362		27,538
Securities Lending		817,770		680,326
Proprietary Capital		176,919		167,010
Other		1,073,988		282,445
Total	$	18,006,995	$	17,883,081

(1)      Includes $48 million of goodwill at September 30, 2011 and $46 million of goodwill at September 30, 2010.

(2)      Includes $24 million of goodwill at September 30, 2011 and $17 million of goodwill at September 30, 2010.

Revenues, Income Before Provision For Income Taxes and Excluding Noncontrolling Interests, and Total Assets, Classified By Major Geographic Areas

Revenues and income before provision for income taxes and excluding noncontrolling interests, classified by major geographic areas in which they are earned, are as follows:

	Year ended September 30,
	2011			2010			2009
	(in thousands)
Revenues:
United States	$	2,947,633		$	2,653,174		$	2,359,564
Canada		339,067			256,105			186,901
Europe		63,665			54,037			41,427
Other		49,521			16,200			14,627
Total	$	3,399,886		$	2,979,516		$	2,602,519
Pre-tax income excluding noncontrolling interests:
United States	$	416,955		$	356,249		$	256,231
Canada		42,333			12,826			(967	)
Europe		(2,312	)		(1,812	)		(17	)
Other		4,271			(5,355	)		(6,473	)
Total	$	461,247		$	361,908		$	248,774

Our total assets, classified by major geographic area in which they are held, were as follows:

	Year ended September 30,
	2011			2010
	(in thousands)
Total assets:
United States (1)	$	16,456,892		$	16,369,401
Canada (2)		1,436,505			1,443,943
Europe		50,666	(3)		28,057
Other		62,932			41,680
Total	$	18,006,995		$	17,883,081

(1)   Includes $32 million of goodwill at September 30, 2011 and $30 million of goodwill at September 30, 2010.

(2)   Includes $33 million of goodwill.

(3)   Includes $7 million of goodwill.