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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Member's paid-in capital
Accumulated other comprehensive income (loss), net of tax
Retained earnings
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
Total Jefferies Financial Group Inc. common shareholders’ equity
Noncontrolling interests
Noncontrolling interests
Vitesse Energy
Noncontrolling interests
Other Noncontrolling Interest
Balance, beginning of period at Nov. 30, 2021   $ 243,541 $ 2,742,244 $ (372,143) $ 7,940,113     $ 25,885    
Increase (Decrease) in Stockholders' Equity                    
Share-based compensation expense     22,999              
Change in fair value of redeemable noncontrolling interests     (13,128)              
Purchase of common shares for treasury   (18,051) (604,172)              
Conversion of 125,000 preferred shares to common shares   0 0              
Dividend equivalents     10,468              
Other   6,831 (2,045)   0     0    
Other comprehensive income, net of tax $ 55,166 [1]     55,166            
Net earnings attributable to Jefferies Financial Group Inc. 441,461 [2]       441,461          
Dividends ($0.30, $0.30, $0.60 and $0.60 per common share, respectively)         (153,107)          
Net earnings 444,833 [2]             127    
Distribution of Vitesse Energy, Inc.         0          
Contributions               63,171    
Distributions               0    
Deconsolidation of asset management entity               (21,221)    
Change in equity interest related to Vitesse Energy, Inc.     0         0    
Conversion of Vitesse Energy, Inc. redeemable noncontrolling interest to noncontrolling interest                 $ 0 $ 0
Balance, end of period at May. 31, 2022 $ 10,368,139 232,321 2,156,366 (316,977) 8,228,467   $ 10,300,177 67,962    
Increase (Decrease) in Stockholders' Equity                    
Dividends per common share (in dollars per share) $ 0.60                  
Balance, beginning of period at Feb. 28, 2022   240,169 2,390,787 (330,308) 8,189,652     58,619    
Increase (Decrease) in Stockholders' Equity                    
Share-based compensation expense     13,253              
Change in fair value of redeemable noncontrolling interests     (5,137)              
Purchase of common shares for treasury   (8,013) (250,021)              
Conversion of 125,000 preferred shares to common shares   0 0              
Dividend equivalents     4,951              
Other   165 2,533   0     0    
Other comprehensive income, net of tax $ 13,331 [1]     13,331            
Net earnings attributable to Jefferies Financial Group Inc. 114,014 [2]       114,014          
Dividends ($0.30, $0.30, $0.60 and $0.60 per common share, respectively)         (75,199)          
Net earnings 116,858 [2]             1,096    
Distribution of Vitesse Energy, Inc.         0          
Contributions               29,468    
Distributions               0    
Deconsolidation of asset management entity               (21,221)    
Change in equity interest related to Vitesse Energy, Inc.     0         0    
Conversion of Vitesse Energy, Inc. redeemable noncontrolling interest to noncontrolling interest                 0 0
Balance, end of period at May. 31, 2022 $ 10,368,139 232,321 2,156,366 (316,977) 8,228,467   10,300,177 67,962    
Increase (Decrease) in Stockholders' Equity                    
Dividends per common share (in dollars per share) $ 0.30                  
Balance, beginning of period at Nov. 30, 2022 $ 10,295,479 226,130 1,967,781 (379,419) 8,418,354 $ (14,831)   62,633    
Increase (Decrease) in Stockholders' Equity                    
Share-based compensation expense     24,218              
Change in fair value of redeemable noncontrolling interests     (390)              
Purchase of common shares for treasury   (4,748) (160,244)              
Conversion of 125,000 preferred shares to common shares   4,654 120,346              
Dividend equivalents     15,186              
Other   5,375 4,940   76     248    
Other comprehensive income, net of tax 9,367 [1]     9,367            
Net earnings attributable to Jefferies Financial Group Inc. 146,014       146,015          
Dividends ($0.30, $0.30, $0.60 and $0.60 per common share, respectively)         (153,884)          
Net earnings 138,008             (9,568)    
Distribution of Vitesse Energy, Inc.         (526,964)          
Contributions               35,454    
Distributions               (31,433)    
Deconsolidation of asset management entity               0    
Change in equity interest related to Vitesse Energy, Inc.     (6,307)         6,307    
Conversion of Vitesse Energy, Inc. redeemable noncontrolling interest to noncontrolling interest                 4,558 1,396
Balance, end of period at May. 31, 2023 $ 9,765,250 231,411 1,965,530 (370,052) 7,868,766   9,695,655 69,595    
Increase (Decrease) in Stockholders' Equity                    
Dividends per common share (in dollars per share) $ 0.60                  
Accounting Standards Update [Extensible List] Accounting Standards Update 2016-13 [Member]                  
Balance, beginning of period at Feb. 28, 2023   233,528 2,012,206 (421,105) 7,930,615 $ 0   56,185    
Increase (Decrease) in Stockholders' Equity                    
Share-based compensation expense     10,492              
Change in fair value of redeemable noncontrolling interests     (198)              
Purchase of common shares for treasury   (2,174) (64,966)              
Conversion of 125,000 preferred shares to common shares   0 0              
Dividend equivalents     4,334              
Other   57 4,264   18     646    
Other comprehensive income, net of tax $ 51,053 [1]     51,053            
Net earnings attributable to Jefferies Financial Group Inc. 12,395       12,396          
Dividends ($0.30, $0.30, $0.60 and $0.60 per common share, respectively)         (74,263)          
Net earnings 8,684             (3,513)    
Distribution of Vitesse Energy, Inc.         0          
Contributions               14,881    
Distributions               0    
Deconsolidation of asset management entity               0    
Change in equity interest related to Vitesse Energy, Inc.     (602)         0    
Conversion of Vitesse Energy, Inc. redeemable noncontrolling interest to noncontrolling interest                 $ 0 $ 1,396
Balance, end of period at May. 31, 2023 $ 9,765,250 $ 231,411 $ 1,965,530 $ (370,052) $ 7,868,766   $ 9,695,655 $ 69,595    
Increase (Decrease) in Stockholders' Equity                    
Dividends per common share (in dollars per share) $ 0.30                  
Accounting Standards Update [Extensible List] Accounting Standards Update 2016-13 [Member]                  
[1] None of the components of other comprehensive income are attributable to noncontrolling interests, redeemable noncontrolling interest or preferred stock dividends.
[2] See Note 1 for a description of financial statement presentation changes made as a result of our Merger with Jefferies Group.