2023 Q1 Form 10-Q Financial Statement

#000009622323000017 Filed on April 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $1.781B $1.943B
YoY Change -8.35% -28.14%
Cost Of Revenue $2.168M $95.67M
YoY Change -97.73% 0.12%
Gross Profit $1.778B $1.847B
YoY Change -3.72% -29.18%
Gross Profit Margin 99.88% 95.08%
Selling, General & Admin $905.9M $1.075B
YoY Change -15.72% -25.58%
% of Gross Profit 50.94% 58.2%
Research & Development $113.4M $107.0M
YoY Change 5.95%
% of Gross Profit 6.38% 5.79%
Depreciation & Amortization $33.29M $45.94M
YoY Change -27.53% 18.5%
% of Gross Profit 1.87% 2.49%
Operating Expenses $113.4M $1.121B
YoY Change -89.88% -24.43%
Operating Profit $1.665B $726.3M
YoY Change 129.26% -35.43%
Interest Expense $497.1M $9.088M
YoY Change 5369.54% -55.38%
% of Operating Profit 29.85% 1.25%
Other Income/Expense, Net $53.58M $62.47M
YoY Change -14.23%
Pretax Income $158.0M $392.3M
YoY Change -59.73% -51.01%
Income Tax $28.70M $64.40M
% Of Pretax Income 18.16% 16.41%
Net Earnings $129.3M $328.0M
YoY Change -60.57% -43.7%
Net Earnings / Revenue 7.26% 16.88%
Basic Earnings Per Share $0.56 $1.26
Diluted Earnings Per Share $0.54 $1.23
COMMON SHARES
Basic Shares Outstanding 226.2M shares 257.6M shares
Diluted Shares Outstanding 248.1M shares 266.6M shares

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.509B $8.501B
YoY Change -11.67% -1.71%
Cash & Equivalents $7.509B $8.501B
Short-Term Investments
Other Short-Term Assets $1.015B $838.1M
YoY Change 21.1% 36.28%
Inventory
Prepaid Expenses
Receivables $3.237B
Other Receivables $510.9M
Total Short-Term Assets $12.27B $17.61B
YoY Change -30.33% 6.62%
LONG-TERM ASSETS
Property, Plant & Equipment $904.1M $909.6M
YoY Change -0.6% 1.51%
Goodwill $1.736B $1.746B
YoY Change -0.57% -0.24%
Intangibles $137.0M $149.0M
YoY Change -8.05% -9.32%
Long-Term Investments $33.45B $1.803B
YoY Change 1754.94% 6.77%
Other Assets $838.1M
YoY Change 36.28%
Total Long-Term Assets $39.76B $42.42B
YoY Change -6.27% 5.14%
TOTAL ASSETS
Total Short-Term Assets $12.27B $17.61B
Total Long-Term Assets $39.76B $42.42B
Total Assets $52.03B $60.04B
YoY Change -13.33% 5.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.208B $8.660B
YoY Change -16.77% -18.48%
Accrued Expenses $2.286B $543.1M
YoY Change 320.98% -6.36%
Deferred Revenue $29.00M
YoY Change
Short-Term Debt $477.8M $467.9M
YoY Change 2.12% -47.01%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $31.56B $28.24B
YoY Change 11.77% 29.46%
LONG-TERM LIABILITIES
Long-Term Debt $10.66B $12.57B
YoY Change -15.25% -2.35%
Other Long-Term Liabilities $11.04B $14.71B
YoY Change -24.98% 18.95%
Total Long-Term Liabilities $10.66B $12.57B
YoY Change -15.25% -50.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $31.56B $28.24B
Total Long-Term Liabilities $10.66B $12.57B
Total Liabilities $42.22B $49.35B
YoY Change -14.45% 5.14%
SHAREHOLDERS EQUITY
Retained Earnings $7.931B $8.190B
YoY Change -3.16% 16.31%
Common Stock $2.246B $2.631B
YoY Change -14.64% -13.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 76.29M shares
Shareholders Equity $9.755B $10.49B
YoY Change
Total Liabilities & Shareholders Equity $52.03B $60.04B
YoY Change -13.33% 5.57%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $129.3M $328.0M
YoY Change -60.57% -43.7%
Depreciation, Depletion And Amortization $33.29M $45.94M
YoY Change -27.53% 18.5%
Cash From Operating Activities -$1.819B -$1.215B
YoY Change 49.66% -18.76%
INVESTING ACTIVITIES
Capital Expenditures $25.15M -$27.63M
YoY Change -191.03% 14.17%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$7.000K
YoY Change -100.0% -101.47%
Cash From Investing Activities -$36.09M -$105.1M
YoY Change -65.65% 224.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $338.1M
YoY Change 159.85%
Debt Paid & Issued, Net $235.8M $210.6M
YoY Change 11.93%
Cash From Financing Activities -$281.6M -$1.083B
YoY Change -74.0% -201.28%
NET CHANGE
Cash From Operating Activities -$1.819B -$1.215B
Cash From Investing Activities -$36.09M -$105.1M
Cash From Financing Activities -$281.6M -$1.083B
Net Change In Cash -$2.135B -$2.404B
YoY Change -11.2% 428.71%
FREE CASH FLOW
Cash From Operating Activities -$1.819B -$1.215B
Capital Expenditures $25.15M -$27.63M
Free Cash Flow -$1.844B -$1.188B
YoY Change 55.26% -19.3%

Facts In Submission

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Reclassifications to Consolidated Financial StatementsWe have made certain reclassifications within our Consolidated Statements of Financial Condition and Consolidated Statements of Earnings in connection with the merger of Jefferies Group into Jefferies Financial Group Inc. This streamlines our financial statements and better aligns the presentation of our firm with our strategy of building our investment banking and capital markets and asset management businesses and reducing our legacy merchant banking portfolio. The reclassifications including, but not limited to, the presentation of equity method earnings and interest expense within the financial statements, conform to the presentation utilized in the historical Jefferies Group LLC consolidated financial statements prior to the merger. Additionally, the presentation of asset management fees and revenues and selling, general and other expenses has been disaggregated to provide additional financial statement line item categories on the face of the Consolidated Statements of Earnings. These reclassifications have no effect on our consolidated net earnings, comprehensive income, total assets, total liabilities or total equity. These reclassifications have no effect on the net change in cash, cash equivalents and restricted cash. Historical periods have been recast to conform to these reclassifications.
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CY2023Q1 jef Otc Derivative Assets Cross Maturity Netting
OtcDerivativeAssetsCrossMaturityNetting
-175889000 usd
CY2023Q1 jef Consolidated Otc Derivative Assets Net Of Crossmaturity Netting
ConsolidatedOtcDerivativeAssetsNetOfCrossmaturityNetting
1160647000 usd
CY2023Q1 jef Derivative Assets Cross Product Counterparty Netting
DerivativeAssetsCrossProductCounterpartyNetting
33289000 usd
CY2023Q1 jef Otc Derivative Assets Included In Financial Instruments Owned
OtcDerivativeAssetsIncludedInFinancialInstrumentsOwned
1127358000 usd
CY2023Q1 jef Exchange Traded Derivative Assets
ExchangeTradedDerivativeAssets
293200000 usd
CY2023Q1 jef Cash Collateral Received
CashCollateralReceived
996000000 usd
CY2023Q1 jef Otc Derivative Liabilities Having Maturity Period Of Zero To Twelve Months
OtcDerivativeLiabilitiesHavingMaturityPeriodOfZeroToTwelveMonths
427526000 usd
CY2023Q1 jef Otc Derivative Liabilities Having Maturity Period Of One To Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfOneToFiveYears
1170517000 usd
CY2023Q1 jef Otc Derivative Liabilities Having Maturity Period Of Greater Than Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfGreaterThanFiveYears
616482000 usd
CY2023Q1 jef Otc Derivative Liabilities Cross Maturity Netting
OtcDerivativeLiabilitiesCrossMaturityNetting
-175889000 usd
CY2023Q1 jef Consolidated Otc Derivative Liabilities Net Of Cross Maturity Netting
ConsolidatedOtcDerivativeLiabilitiesNetOfCrossMaturityNetting
2038636000 usd
CY2023Q1 jef Derivative Liabilities Cross Product Counterparty Netting
DerivativeLiabilitiesCrossProductCounterpartyNetting
33289000 usd
CY2023Q1 jef Otc Derivative Liabilities Included In Financial Instruments Sold Not Yet Purchased
OtcDerivativeLiabilitiesIncludedInFinancialInstrumentsSoldNotYetPurchased
2005347000 usd
CY2023Q1 jef Exchange Traded Derivative Liabilities
ExchangeTradedDerivativeLiabilities
32000000 usd
CY2023Q1 jef Cash Collateral Pledge
CashCollateralPledge
581900000 usd
CY2023Q1 jef Fair Value Of Over Counter Derivatives Assets Counterparty Credit Qualitya Or Higher
FairValueOfOverCounterDerivativesAssetsCounterpartyCreditQualityaOrHigher
871305000 usd
CY2023Q1 jef Fair Value Of Over Counter Derivatives Assets Counterparty Credit Quality Bbb To Bbb
FairValueOfOverCounterDerivativesAssetsCounterpartyCreditQualityBbbToBbb
110203000 usd
CY2023Q1 jef Fair Value Of Over Counter Derivatives Assets Counterparty Credit Quality Bb Or Lower
FairValueOfOverCounterDerivativesAssetsCounterpartyCreditQualityBbOrLower
88469000 usd
CY2023Q1 jef Fair Value Of Over Counter Derivatives Assets Counterparty Credit Quality Unrated
FairValueOfOverCounterDerivativesAssetsCounterpartyCreditQualityUnrated
57381000 usd
CY2023Q1 jef Otc Derivative Assets Included In Financial Instruments Owned
OtcDerivativeAssetsIncludedInFinancialInstrumentsOwned
1127358000 usd
CY2023Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
57200000 usd
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DerivativeNetLiabilityPositionAggregateFairValue
226500000 usd
CY2023Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
17300000 usd
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CollateralAlreadyPostedAggregateFairValue
168800000 usd
CY2023Q1 jef Collateral Received Aggregate Fair Value
CollateralReceivedAggregateFairValue
141800000 usd
CY2022Q4 jef Collateral Received Aggregate Fair Value
CollateralReceivedAggregateFairValue
177400000 usd
CY2023Q1 jef Additional Collateral Required In The Event Of Credit Rating Downgrade Aggregate Fair Value
AdditionalCollateralRequiredInTheEventOfCreditRatingDowngradeAggregateFairValue
181600000 usd
CY2022Q4 jef Additional Collateral Required In The Event Of Credit Rating Downgrade Aggregate Fair Value
AdditionalCollateralRequiredInTheEventOfCreditRatingDowngradeAggregateFairValue
235000000.0 usd
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SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1551147000 usd
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FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
17838599000 usd
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67380000 usd
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SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
19457126000 usd
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SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1366025000 usd
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FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
13603033000 usd
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DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
100362000 usd
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SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
15069420000 usd
CY2023Q1 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1551147000 usd
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FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
17838599000 usd
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DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
67380000 usd
CY2023Q1 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
19457126000 usd
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SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1366025000 usd
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FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
13603033000 usd
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100362000 usd
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SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
15069420000 usd
CY2023Q1 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
30690000000 usd
CY2022Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
26820000000 usd
CY2023Q1 us-gaap Securities Borrowed Gross
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7620107000 usd
CY2023Q1 us-gaap Securities Borrowed Liability
SecuritiesBorrowedLiability
0 usd
CY2023Q1 us-gaap Securities Borrowed
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7620107000 usd
CY2023Q1 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
307270000 usd
CY2023Q1 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1614193000 usd
CY2023Q1 us-gaap Securities Borrowed Amount Offset Against Collateral
SecuritiesBorrowedAmountOffsetAgainstCollateral
5698644000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
12284318000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
8904668000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
3379650000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction
1066790000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell Fair Value Of Collateral
SecuritiesPurchasedUnderAgreementsToResellFairValueOfCollateral
2275833000 usd
CY2023Q1 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
37027000 usd
CY2023Q1 us-gaap Securities Loaned Gross
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1551147000 usd
CY2023Q1 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
0 usd
CY2023Q1 us-gaap Securities Loaned
SecuritiesLoaned
1551147000 usd
CY2023Q1 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
307270000 usd
CY2023Q1 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
1226507000 usd
CY2023Q1 us-gaap Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
17370000 usd
CY2023Q1 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
17838599000 usd
CY2023Q1 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
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CY2023Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2023Q1 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
1066790000 usd
CY2023Q1 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
7333197000 usd
CY2023Q1 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
533944000 usd
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5831148000 usd
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CY2022Q4 us-gaap Securities Borrowed
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CY2022Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
285361000 usd
CY2022Q4 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1381404000 usd
CY2022Q4 us-gaap Securities Borrowed Amount Offset Against Collateral
SecuritiesBorrowedAmountOffsetAgainstCollateral
4164383000 usd
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
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CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
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CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
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CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction
550669000 usd
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Fair Value Of Collateral
SecuritiesPurchasedUnderAgreementsToResellFairValueOfCollateral
3954525000 usd
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
41497000 usd
CY2022Q4 us-gaap Securities Loaned Gross
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1366025000 usd
CY2022Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
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CY2022Q4 us-gaap Securities Loaned
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1366025000 usd
CY2022Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
285361000 usd
CY2022Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
1054228000 usd
CY2022Q4 us-gaap Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
26436000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
13603033000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
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CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2022Q4 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
550669000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
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CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
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527193000 usd
CY2023Q1 jef Collateralized Financing Transactions Securities Borrowing Arrangements
CollateralizedFinancingTransactionsSecuritiesBorrowingArrangements
5590000000 usd
CY2023Q1 jef Collateralized Financing Transactions Securities Borrowing Arrangements Collateral
CollateralizedFinancingTransactionsSecuritiesBorrowingArrangementsCollateral
5420000000 usd
CY2023Q1 jef Collateralized Financing Transactions Repurchase Agreements
CollateralizedFinancingTransactionsRepurchaseAgreements
495000000 usd
CY2023Q1 jef Collateralized Financing Transactions Pledged Securities Collateral
CollateralizedFinancingTransactionsPledgedSecuritiesCollateral
509800000 usd
CY2022Q4 jef Collateralized Financing Transactions Securities Borrowing Arrangements
CollateralizedFinancingTransactionsSecuritiesBorrowingArrangements
4120000000 usd
CY2022Q4 jef Collateralized Financing Transactions Securities Borrowing Arrangements Collateral
CollateralizedFinancingTransactionsSecuritiesBorrowingArrangementsCollateral
4020000000.00 usd
CY2022Q4 jef Collateralized Financing Transactions Repurchase Agreements
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CY2022Q4 jef Collateralized Financing Transactions Pledged Securities Collateral
CollateralizedFinancingTransactionsPledgedSecuritiesCollateral
507300000 usd
CY2023Q1 us-gaap Cash And Securities Segregated Under Federal And Other Regulations
CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations
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CY2022Q4 us-gaap Cash And Securities Segregated Under Federal And Other Regulations
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CY2023Q1 jef Assets Transferred Due To Securitization
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CY2022Q1 jef Assets Transferred Due To Securitization
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CY2023Q1 jef Proceeds On New Securitizations
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CY2022Q1 jef Proceeds On New Securitizations
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CY2023Q1 us-gaap Cash Flows Between Transferee And Transferor Proceeds From New Transfers
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10700000 usd
CY2022Q1 us-gaap Cash Flows Between Transferee And Transferor Proceeds From New Transfers
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CY2023Q1 jef Rmbs Securitization Assets
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CY2022Q4 jef Rmbs Securitization Assets
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CY2023Q1 jef Cmbs Securitization Assets
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CY2022Q4 jef Cmbs Securitization Assets
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CY2023Q1 jef Collateralized Loan Obligations Securitization Assets
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CY2022Q4 jef Collateralized Loan Obligations Securitization Assets
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CY2022Q4 jef Other Securitization Assets
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1426800000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
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CY2023Q1 jef Ownership Percentage Upon Conversion Of Preferred Shares And Exercise Of Warrants
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023Q1 us-gaap Provision For Doubtful Accounts
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CY2022Q1 us-gaap Provision For Doubtful Accounts
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340000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
605000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7270000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
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CY2023Q1 us-gaap Contract With Customer Asset Net
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CY2022Q4 us-gaap Contract With Customer Asset Net
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Goodwill
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Goodwill
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2023Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2023Q1 us-gaap Goodwill
Goodwill
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CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2023Q1 us-gaap Revenues
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CY2022Q1 us-gaap Revenues
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CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q1 jef Contract With Customer Performance Obligation Satisfied
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CY2022Q1 jef Contract With Customer Performance Obligation Satisfied
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CY2023Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2022Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2023Q1 us-gaap Contract With Customer Liability Current
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CY2022Q4 us-gaap Contract With Customer Liability Current
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CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
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CY2023Q1 us-gaap Capitalized Contract Cost Amortization
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CY2022Q1 us-gaap Capitalized Contract Cost Amortization
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2023Q1 jef Other Shares Issuable
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CY2023Q1 jef Potential Maximum Increase To Common Shares Outstanding From Outstanding Awards
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CY2023Q1 us-gaap Allocated Share Based Compensation Expense
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EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
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CY2023Q1 us-gaap Short Term Borrowings
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CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
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CY2023Q1 us-gaap Short Term Debt Weighted Average Interest Rate
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CY2023Q1 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt
LongTermDebt
8774086000 usd
CY2023Q1 jef Increase Decreaseof Longterm Debt
IncreaseDecreaseofLongtermDebt
-148500000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
8630000000 usd
CY2023Q1 jef Repayments Of Secured And Unsecured Debt
RepaymentsOfSecuredAndUnsecuredDebt
120200000 usd
CY2023Q1 jef Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
133619000 usd
CY2022Q1 jef Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
327447000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
528000 usd
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1976000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
133091000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
325471000 usd
CY2023Q1 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
-54000 usd
CY2022Q1 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
39000 usd
CY2023Q1 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
2016000 usd
CY2022Q1 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
2070000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
135053000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
327580000 usd
CY2023Q1 jef Weighted Average Common Shares Outstanding
WeightedAverageCommonSharesOutstanding
227543000 shares
CY2022Q1 jef Weighted Average Common Shares Outstanding
WeightedAverageCommonSharesOutstanding
241963000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
239101000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
257552000 shares
CY2023Q1 jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
3774000 shares
CY2022Q1 jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
4441000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
248095000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
266571000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1283500000 usd
CY2022Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1692800000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
350000000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
116500000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
276500000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28700000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.182
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64400000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.164
CY2023Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
11673400000 usd
CY2023Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
538000000.0 usd
CY2023Q1 jef Contractual Obligation Duein Thirdand Fourth Year
ContractualObligationDueinThirdandFourthYear
406200000 usd
CY2023Q1 jef Contractual Obligation Dueinfifthand Sixth Year
ContractualObligationDueinfifthandSixthYear
12800000 usd
CY2023Q1 jef Contractual Obligation Due After Sixth Year
ContractualObligationDueAfterSixthYear
155300000 usd
CY2023Q1 us-gaap Contractual Obligation
ContractualObligation
12785700000 usd
CY2023Q1 jef Guarantee Obligations Maximum Exposure Fair Value
GuaranteeObligationsMaximumExposureFairValue
788500000 usd
CY2023Q1 jef Ninterest Expense Including Rounding Difference
NinterestExpenseIncludingRoundingDifference
1125500000 usd
CY2022Q1 jef Ninterest Expense Including Rounding Difference
NinterestExpenseIncludingRoundingDifference
1300500000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
158000000.0 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
392300000 usd
CY2023Q1 us-gaap Assets
Assets
52032900000 usd
CY2022Q4 us-gaap Assets
Assets
51057700000 usd
CY2023Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1283500000 usd
CY2022Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1692800000 usd

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