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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 1,458,977 $ 1,102,593 $ 3,863,914 $ 3,735,702
Interest expense 28,837 25,612 74,614 76,762
Net revenues 1,150,846 857,223 2,957,440 3,020,610
Expenses:        
Compensation and benefits 461,265 493,471 1,429,439 1,468,373
Cost of sales 84,876 71,596 257,501 210,834
Floor brokerage and clearing fees 44,570 42,852 131,792 133,145
Depreciation and amortization 32,295 28,760 92,360 82,129
Selling, general and other expenses 245,178 199,441 708,084 552,155
Total expenses 897,021 861,732 2,693,790 2,523,398
Income (loss) from continuing operations before income taxes and income (loss) related to associated companies 253,825 (4,509) 263,650 497,212
Income (loss) related to associated companies 18,867 30,057 84,320 (84,413)
Income from continuing operations before income taxes 272,692 25,548 347,970 412,799
Income tax provision 90,391 9,770 51,560 127,198
Income from continuing operations 182,301 15,778 296,410 285,601
Income from discontinued operations, net of income tax provision of $0, $53,490, $47,045 and $90,856 0 120,989 130,063 219,151
Gain on disposal of discontinued operations, net of income tax provision of $0, $0, $229,553 and $0 0 0 643,921 0
Net income 182,301 136,767 1,070,394 504,752
Net (income) loss attributable to the noncontrolling interests 12,000 (28) 13,208 1,941
Net income attributable to the redeemable noncontrolling interests (390) (36,216) (37,294) (64,538)
Preferred stock dividends (1,276) (1,172) (3,619) (3,203)
Net income attributable to Jefferies Financial Group Inc. common shareholders $ 192,635 $ 99,351 $ 1,042,689 $ 438,952
Basic earnings per common share attributable to Jefferies Financial Group Inc. common shareholders:        
Income from continuing operations (in dollars per share) $ 0.56 $ 0.04 $ 0.86 $ 0.77
Income from discontinued operations (in dollars per share) 0.00 0.23 0.26 0.42
Gain on disposal of discontinued operations (in dollars per share) 0.00 0.00 1.82 0.00
Net income (in dollars per share) 0.56 0.27 2.94 1.19
Diluted earnings per common share attributable to Jefferies Financial Group Inc. common shareholders:        
Income from continuing operations (in dollars per share) 0.55 0.04 0.85 0.76
Income from discontinued operations (in dollars per share) 0.00 0.23 0.26 0.41
Gain on disposal of discontinued operations (in dollars per share) 0.00 0.00 1.80 0.00
Net income (in dollars per share) 0.55 0.27 2.91 1.17
Dividends per common share (in dollars per share) $ 0.125 $ 0.10 $ 0.325 $ 0.225
Amounts attributable to Jefferies Financial Group Inc. common shareholders:        
Income from continuing operations, net of taxes $ 192,635 $ 14,992 $ 305,846 $ 284,889
Income from discontinued operations, net of taxes 0 84,359 92,922 154,063
Gain on disposal of discontinued operations, net of taxes 0 0 643,921 0
Net income attributable to Jefferies Financial Group Inc. common shareholders 192,635 99,351 1,042,689 438,952
Commissions and other fees        
Revenues:        
Total revenues 155,417 139,082 461,023 437,547
Principal transactions        
Revenues:        
Total revenues 116,204 84,143 315,622 725,780
Investment banking        
Revenues:        
Total revenues 460,043 475,702 1,400,331 1,235,586
Interest income        
Revenues:        
Total revenues 336,736 253,916 939,272 726,972
Manufacturing revenues        
Revenues:        
Total revenues 94,029 81,939 307,129 243,482
Other        
Revenues:        
Total revenues 296,548 67,811 440,537 366,335
Jefferies Group        
Revenues:        
Interest expense $ 308,131 $ 245,370 $ 906,474 $ 715,092