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Derivatives and Hedging Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments as Recorded on Company's Consolidated Statements of Financial Condition

The following table summarizes the fair value of derivative instruments as recorded in the Company’s consolidated statements of financial condition (in thousands):

	December 31, 2017						December 31, 2016
	Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
Derivatives designated as hedging instruments:
Foreign currency exchange contracts	Other assets		$	1,912			Other assets		$	707
Foreign currency exchange contracts	Other liabilities		—				Other liabilities		(51		)
Interest rate swap agreements	Other liabilities		(7		)		Other liabilities		(27		)
Derivatives not designated as hedging instruments:
Foreign currency exchange contracts	Other assets		—				Other assets		415
Foreign currency exchange contracts	Other liabilities		(1,110		)		Other liabilities		(1,309		)
Interest rate swap agreements	Other liabilities		—				Other liabilities		(104		)
Interest rate cap contracts	Other assets		3,922				Other assets		—

Summary of Effects of Derivatives in Cash Flow Hedging Relationships in Company's Statements of Income

The following table summarizes the effects of derivatives in cash flow hedging relationships designated as hedging instruments on the Company’s consolidated statements of income for the years ended December 31, 2017 and 2016 (in thousands):

	Gain or (Loss) Recognized in OCI- Effective Portion								Location of Gain or (Loss) Reclassified from OCI into Income - Effective Portion		Gain or (Loss) Reclassified from OCI into Income -  Effective Portion								Location of Gain or (Loss) Recognized - Ineffective Portion and Amount Excluded from Effectiveness Testing		Amount of Gain or (Loss) Recognized - Ineffective Portion and Amount Excluded from Effectiveness Testing
	2017				2016						2017				2016						2017				2016
Foreign currency exchange contracts	$	2,302			$	1,404			Salaries and employee benefits		$	1,280			$	755			Other (expense) income		$	—			$	—
Foreign currency exchange contracts	310				(5		)		General and administrative expenses		76				105				Other (expense) income		—				—
Interest rate swap agreements	9				(131		)		Interest expense		110				—				Other (expense) income		—				—

The following table summarizes the effects of derivatives in cash flow hedging relationships not designated as hedging instruments on the Company’s consolidated statements of income for the years ended December 31, 2017 and 2016 (in thousands):

Derivatives Not Designated as Hedging Instruments		Location of Gain or (Loss) Recognized in income on Derivative		Amount of Gain or (Loss) Recognized in Income on Derivative
				2017				2016				2015
Foreign currency exchange contracts		Other income (expense)		$	1,755			$	8,248			$	—
Interest rate cap contracts		Interest expense		2,026				—				—
Interest rate swap agreements		Interest expense		110				144				92

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- References

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

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