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Derivatives and Hedging Instruments (Tables) | 6 Months Ended
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Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Instruments | The following table summarizes the fair value of derivative instruments as recorded in the Company’s condensed consolidated statements of financial condition (in thousands):
| June 30, 2018 |  | December 31, 2017
Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency exchange contracts | Other assets |  | $ | 377 |  |  | Other assets |  | $ | 1,912 |
Foreign currency exchange contracts | Other liabilities |  | (633 | ) |  | Other liabilities |  | — |
Interest rate swap agreements | Other assets |  | 10 |  |  | Other liabilities |  | (7 | )
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency exchange contracts | Other assets |  | 658 |  |  | Other assets |  | — |
Foreign currency exchange contracts | Other liabilities |  | (6,578 | ) |  | Other liabilities |  | (1,110 | )
Interest rate cap contracts | Other assets |  | 2,191 |  |  | Other assets |  | 3,922 |
Schedule of Effects of Derivatives in Cash Flow Hedging | The following table summarizes the effects of derivatives in cash flow hedging relationships designated as hedging instruments on the Company’s condensed consolidated statements of operations for the three and six months ended June 30, 2018 and 2017 (in thousands):
Derivatives Designated as Hedging Instruments |  | Gain or (Loss) Recognized in OCI |  | Location of Gain or (Loss) Reclassified from OCI into Income |  | Gain or (Loss) Reclassified from OCI into Income
| Three Months Ended June 30, |  |  | Three Months Ended June 30,
| 2018 |  | 2017 |  |  | 2018 |  | 2017
Foreign currency exchange contracts |  | $ | (967 | ) |  | $ | 1,146 |  |  | Salaries and employee benefits |  | $ | 434 |  |  | $ | 297 |
Foreign currency exchange contracts |  | (76 | ) |  | 160 |  |  | General and administrative expenses |  | 35 |  |  | 27 |
Interest rate swap agreements |  | (21 | ) |  | 14 |  |  | Interest expense |  | 8 |  |  | 33 |
Derivatives Designated as Hedging Instruments |  | Gain or (Loss) Recognized in OCI |  | Location of Gain or (Loss) Reclassified from OCI into Income |  | Gain or (Loss) Reclassified from OCI into Income
| Six Months Ended June 30, |  |  | Six Months Ended June 30,
| 2018 |  | 2017 |  |  | 2018 |  | 2017
Foreign currency exchange contracts |  | $ | (1,074 | ) |  | $ | 1,735 |  |  | Salaries and employee benefits |  | $ | 983 |  |  | $ | 472 |
Foreign currency exchange contracts |  | (76 | ) |  | 240 |  |  | General and administrative expenses |  | 35 |  |  | 41 |
Interest rate swap agreements |  | (12 | ) |  | 19 |  |  | Interest expense |  | 25 |  |  | 110 |
The following table summarizes the effects of derivatives in cash flow hedging relationships not designated as hedging instruments on the Company’s condensed consolidated statements of operations for the three and six months ended June 30, 2018 and 2017 (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
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Foreign currency exchange contracts |  | Other (expense) income |  | $ | (6,174 | ) |  | $ | 2,875 |  |  | $ | (6,940 | ) |  | $ | 2,623 |
Interest rate cap contracts |  | Interest expense |  | (1,628 | ) |  | — |  |  | (1,716 | ) |  | — |
Interest rate swap agreements |  | Interest expense |  | — |  |  | 33 |  |  | — |  |  | 110 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
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