Jefferies Financial Group Inc

For the period ended Aug 31, 2024. Filed Oct 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 31, 2024 · Filed Oct 9, 2024

JEF$49.39+4.2%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Changes in Equity (Unaudited)

Consolidated Statements of Changes in Equity

$ in thousands, except share amounts	Three Months Ended August 31,		Nine Months Ended August 31,
	2024	2023	2024	2023
Preferred shares $1 par value
Balance, beginning of period	$42	$—	$42	$—
Conversion of common shares to preferred shares	13	42	13	42
Balance, end of period	$55	$42	$55	$42
Common shares $1 par value
Balance, beginning of period	$212,053	$231,411	$210,627	$226,130
Purchase of common shares for treasury	(7)	(8)	(1,089)	(4,757)
Conversion of 125,000 preferred shares to common shares	—	—	—	4,654
Conversion of common shares to preferred shares	(6,562)	(21,000)	(6,562)	(21,000)
Other	11	25	2,519	5,401
Balance, end of period	$205,495	$210,428	$205,495	$210,428
Additional paid-in capital:
Balance, beginning of period	$2,051,149	$1,965,530	$2,044,859	$1,967,781
Share-based compensation expense	13,377	11,258	47,949	35,476
Change in fair value of redeemable noncontrolling interests	—	—	—	(390)
Purchase of common shares for treasury	(325)	(271)	(43,222)	(160,515)
Conversion of 125,000 preferred shares to common shares	—	—	—	120,346
Dividend equivalents	4,756	4,318	14,436	19,504
Conversion of common shares to preferred shares	16,393	52,458	16,393	52,458
Change in equity interest related to consolidated subsidiaries	—	—	—	(6,307)
Other	877	813	5,812	5,753
Balance, end of period	$2,086,227	$2,034,106	$2,086,227	$2,034,106
Accumulated other comprehensive loss, net of tax:
Balance, beginning of period	$(410,734)	$(370,052)	$(395,545)	$(379,419)
Other comprehensive income (loss), net of tax	40,769	(28,198)	25,580	(18,831)
Balance, end of period	$(369,965)	$(398,250)	$(369,965)	$(398,250)
Retained earnings:
Balance, beginning of period	$8,022,546	$7,868,766	$7,849,844	$8,418,354
Net earnings attributable to Jefferies Financial Group Inc.	187,913	57,719	511,222	203,734
Dividends - common shares ($0.35, $0.30, $0.95, and $0.90 per share)	(76,678)	(67,937)	(213,581)	(221,821)
Dividends - preferred shares	(9,647)	(6,300)	(22,247)	(6,300)
Cumulative effect of change in accounting principle for current expected credit losses, net of tax	—	—	(644)	(14,813)
Distribution of Vitesse Energy, Inc.	—	—	—	(526,964)
Other	—	274	(460)	332
Balance, end of period	$8,124,134	$7,852,522	$8,124,134	$7,852,522
Total Jefferies Financial Group Inc. shareholders’ equity	$10,045,946	$9,698,848	$10,045,946	$9,698,848
Noncontrolling interests:
Balance, beginning of period	$77,130	$69,595	$92,308	$62,633
Net losses attributable to noncontrolling interests	(6,874)	(3,772)	(19,102)	(13,340)
Contributions	105	504	9,426	35,958
Distributions	(1,876)	—	(12,565)	(31,433)
Change in equity interest related to Vitesse Energy, Inc.	—	—	—	6,307
Conversion of Vitesse Energy, Inc. redeemable noncontrolling interest to noncontrolling interest	—	—	—	4,558
Conversion of redeemable noncontrolling interest to noncontrolling interest	—	—	—	1,396
Other	930	(43)	(652)	205
Balance, end of period	$69,415	$66,284	$69,415	$66,284
Total equity	$10,115,361	$9,765,132	$10,115,361	$9,765,132

August 2024 Form 10-Q	5

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.