XML 83 R68.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information, By Segment
Certain information concerning our segments for the years ended December 31, 2017, 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. 
 
2017
 
2016
 
2015
 
 
 
(In thousands)
 
 
Net Revenues:
 
 
 
 
 
Reportable Segments:
 
 
 
 
 
Jefferies
$
3,207,097

 
$
2,421,055

 
$
2,476,133

National Beef
7,358,948

 
7,027,243

 
7,402,419

Corporate and other
62,847

 
88,590

 
78,122

Total net revenues related to reportable segments
10,628,892

 
9,536,888

 
9,956,674

All other (1)
807,501

 
525,729

 
950,784

Intercompany eliminations (2)

 

 
(21,000
)
Total consolidated net revenues
$
11,436,393

 
$
10,062,617

 
$
10,886,458

 
 
 
 
 
 
Income (loss) from continuing operations before income taxes:
 

 
 

 
 

Reportable Segments:
 

 
 

 
 

Jefferies
$
527,804

 
$
43,508

 
$
119,165

National Beef
407,312

 
329,022

 
(123,915
)
  Corporate and other
(78,926
)
 
18,386

 
(44,295
)
Income (loss) from continuing operations before income taxes related to reportable segments
856,190

 
390,916

 
(49,045
)
All other (1)
216,567

 
(15,605
)
 
492,762

Parent Company interest
(58,943
)
 
(58,881
)
 
(87,181
)
Total consolidated income from continuing operations before income taxes
$
1,013,814

 
$
316,430

 
$
356,536

 
 
 
 
 
 
Depreciation and amortization expenses:
 

 
 

 
 

Reportable Segments:
 

 
 

 
 

Jefferies
$
62,668

 
$
60,206

 
$
92,165

National Beef
98,515

 
94,482

 
89,317

  Corporate and other
5,178

 
3,619

 
3,744

Total depreciation and amortization expenses related to reportable segments
166,361

 
158,307

 
185,226

All other
42,549

 
53,286

 
38,907

Total consolidated depreciation and amortization expenses
$
208,910

 
$
211,593

 
$
224,133

 
 
 
 
 
 
Identifiable assets employed:
 

 
 

 
 

Reportable Segments:
 

 
 

 
 

Jefferies (3)
$
39,575,732

 
$
36,992,096

 
$
38,607,786

National Beef
1,460,539

 
1,498,317

 
1,514,249

Corporate and other
2,006,536

 
1,935,118

 
1,777,199

Identifiable assets employed related to reportable segments
43,042,807

 
40,425,531

 
41,899,234

All other
4,196,622

 
4,728,457

 
4,581,673

Intercompany eliminations
(70,321
)
 
(82,681
)
 
(149,723
)
Total consolidated assets
$
47,169,108

 
$
45,071,307

 
$
46,331,184


(1)
All other revenue and income from continuing operations before income taxes include $23.2 million and $(154.5) million, respectively, of realized and unrealized gains (losses) relating to our investment in FXCM for the year ended December 31, 2017. All other revenue and income from continuing operations before income taxes include $(54.6) million and $491.3 million of realized and unrealized gains (losses) relating to our investment in FXCM for the years ended December 31, 2016 and 2015, respectively.
(2)
Revenue intercompany elimination for 2015 relates to an investment banking and advisory fee paid to Jefferies in connection with our entering into the agreement with FXCM.
(3)
At December 31, 2017, 2016 and 2015, includes $213.0 million, $337.6 million and $320.2 million, respectively, of Jefferies deferred tax asset, net.
Schedule Of Net Revenues By Geographic Region
Net revenues by geographic region for Jefferies for the years ended December 31, 2017, 2016 and 2015 were as follows (in thousands):
 
2017
 
2016
 
2015
 
 
 
 
 
 
Americas (1)
$
2,611,729

 
$
1,876,796

 
$
1,887,899

Europe (2)
489,583

 
458,046

 
510,044

Asia
105,785

 
86,213

 
78,190

 
$
3,207,097

 
$
2,421,055

 
$
2,476,133

(1)
Substantially all relates to U.S. results.
(2)
Substantially all relates to U.K. results.