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Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information, By Segment
Certain information concerning our segments for the three and nine months ended September 30, 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 
 September 30,
 
For the 
 Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Net Revenues:
 
 
 
 
 
 
 
Reportable Segments:
 
 
 
 
 
 
 
Jefferies
$
656,496

 
$
580,484

 
$
1,678,212

 
$
1,964,356

National Beef
1,747,042

 
1,864,030

 
5,180,127

 
5,714,914

Corporate and other
1,006

 
2,572

 
78,354

 
36,732

Total net revenues related to reportable segments
2,404,544


2,447,086

 
6,936,693

 
7,716,002

All other (1)
271,831

 
(80,990
)
 
380,146

 
695,240

Intercompany eliminations (2)

 

 

 
(21,000
)
Total consolidated net revenues
$
2,676,375


$
2,366,096

 
$
7,316,839

 
$
8,390,242

 
 
 
 
 
 
 
 
Income (loss) before income taxes:
 

 
 

 
 

 
 

Reportable Segments:
 

 
 

 
 

 
 

Jefferies
$
83,190

 
$
3,337

 
$
(55,127
)
 
$
107,606

National Beef
108,269

 
(31,680
)
 
192,533

 
(74,665
)
Corporate and other
(16,619
)
 
(25,590
)
 
23,926

 
(30,737
)
Income (loss) before income taxes related to reportable segments
174,840


(53,933
)
 
161,332

 
2,204

All other (1)
89,791

 
(195,271
)
 
(29,769
)
 
385,651

Parent Company interest
(14,722
)
 
(22,981
)
 
(44,155
)
 
(72,470
)
Total consolidated income (loss) before income taxes
$
249,909


$
(272,185
)
 
$
87,408

 
$
315,385

 
 
 
 
 
 
 
 
Depreciation and amortization expenses:
 

 
 

 
 

 
 

Reportable Segments:
 

 
 

 
 

 
 

Jefferies
$
16,108

 
$
24,165

 
$
45,331

 
$
68,741

National Beef
23,100

 
22,529

 
68,511

 
66,397

Corporate and other
867

 
923

 
2,754

 
2,826

Total depreciation and amortization expenses related to reportable segments
40,075


47,617

 
116,596

 
137,964

All other
12,616

 
10,849

 
36,474

 
28,182

Total consolidated depreciation and amortization expenses
$
52,691


$
58,466

 
$
153,070

 
$
166,146

 
(1)
All other revenue and income (loss) before income taxes include realized and unrealized gains (losses) relating to our investment in FXCM of $42.8 million and $(113.2) million for the three months ended September 30, 2016 and 2015, respectively, and $(58.3) million and $461.3 million for the nine months ended September 30, 2016 and 2015, respectively.
(2)
Revenue intercompany elimination for the nine months ended September 30, 2015 relates to investment banking and advisory fee paid to Jefferies in connection with our entering into the agreement with FXCM.