XML 66 R55.htm IDEA: XBRL DOCUMENT v3.4.0.3
Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information, By Segment
Certain information concerning our segments for the three months ended March 31, 2016 and 2015 is presented in the following table.  Consolidated subsidiaries are reflected as of the date a majority controlling interest was acquired.  As discussed above, Jefferies is reflected in our consolidated financial statements utilizing a one month lag.
 
 
For the 
 Three Months Ended 
 March 31,
 
 
2016
 
2015
 
(In thousands)
Net Revenues:
 
 
 
 
Reportable Segments:
 
 
 
 
Jefferies
 
$
300,786

 
$
591,441

National Beef
 
1,634,451

 
1,856,019

  Corporate and other
 
66,856

 
20,316

Total net revenues related to reportable segments
 
2,002,093

 
2,467,776

All other (1)
 
13,013

 
737,907

Intercompany eliminations (2)
 

 
(21,000
)
Total consolidated net revenues
 
$
2,015,106

 
$
3,184,683

 
 
 
 
 
Income (loss) before income taxes:
 
 

 
 

Reportable Segments:
 
 

 
 

Jefferies
 
$
(245,797
)
 
$
12,924

National Beef
 
21,409

 
(33,585
)
  Corporate and other
 
47,736

 
(9,429
)
Income (loss) before income taxes related to reportable segments
 
(176,652
)
 
(30,090
)
All other (1)
 
(110,597
)
 
641,932

Parent Company interest
 
(14,714
)
 
(24,735
)
Total consolidated income (loss) before income taxes
 
$
(301,963
)
 
$
587,107

 
 
 
 
 
Depreciation and amortization expenses:
 
 

 
 

Reportable Segments:
 
 

 
 

Jefferies
 
$
14,590

 
$
22,250

National Beef
 
22,626

 
21,787

  Corporate and other
 
943

 
970

Total depreciation and amortization expenses related to reportable segments
 
38,159

 
45,007

All other
 
11,451

 
7,433

Total consolidated depreciation and amortization expenses
 
$
49,610

 
$
52,440

 
(1)
All other revenue and income (loss) before income taxes include realized and unrealized gains (losses) relating to our investment in FXCM of $(53.2) million and $686.6 million for the three months ended March 31, 2016 and 2015, respectively.
(2)
Revenue intercompany elimination for the three months ended March 31, 2015 relates to investment banking and advisory fee paid to Jefferies in connection with our entering into the agreement with FXCM.