v3.26.3
Credit Losses on Financial Assets Measured at Amortized Cost (Tables)
9 Months Ended
Aug. 31, 2026
Credit Loss [Abstract]  
Schedule of Allowance for Credit Loss
Allowance for credit losses for investment banking receivables:
Three Months Ended
 August 31,
Nine Months Ended
 August 31,
$ in thousands2026202520262025
Beginning balance$14,529 $2,315 $3,681 $5,277 
Bad debt expense7,867 2,156 22,286 4,974 
Charge-offs(200)— (216)(3,076)
Recoveries collected(2,343)(1,274)(5,898)(3,978)
Ending balance (1)$19,853 $3,197 $19,853 $3,197 
(1)Substantially all of the allowance for doubtful accounts relate to mergers and acquisitions and restructuring fee receivables, which include recoverable expense receivables.