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Derivatives and Hedging Instruments (Tables)
 9 Months Ended
Sep. 30, 2014
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 condensed consolidated statements of financial condition (in thousands):
 
September 30, 2014
 
December 31, 2013
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency exchange contracts
Other liabilities
 
$
(1,449
)
 
Other liabilities
 
$
(4,123
)
Foreign currency exchange contracts
Other assets
 
791

 
Other assets
 
46

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Interest rate cap
Other assets
 
4

 
Other assets
 
202
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 on the Company’s condensed consolidated statements of income for the three and nine months ended September 30, 2014 and 2013 (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
 
Three Months Ended 
 September 30,
 
 
 
Three Months Ended 
 September 30,
 
 
 
Three Months Ended 
 September 30,
 
2014
 
2013
 
 
 
2014
 
2013
 
 
 
2014
 
2013
Interest rate swaps
$
—

 
$
132

 
Interest expense
 
$
—

 
$
—

 
Other (expense)
income
 
$
—

 
$
—

Foreign currency exchange contracts
(429
)
 
(1,871
)
 
Salaries and
employee
benefits
 
(243
)
 
(622
)
 
Other (expense)
income
 
—

 
—

Foreign currency exchange contracts
(79
)
 
(381
)
 
General and
administrative
expenses
 
(46
)
 
(119
)
 
Other (expense)
income
 
—

 
—

 
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
 
Nine Months Ended 
 September 30,
 
 
 
Nine Months Ended 
 September 30,
 
 
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
 
 
2014
 
2013
 
 
 
2014
 
2013
Interest rate swaps
$
—

 
$
506

 
Interest expense
 
$
—

 
$
—

 
Other (expense)
income
 
$
—

 
$
—

Foreign currency exchange contracts
2,215

 
(3,809
)
 
Salaries and
employee
benefits
 
(818
)
 
(890
)
 
Other (expense)
income
 
—

 
—

Foreign currency exchange contracts
242

 
(809
)
 
General and
administrative
expenses
 
(143
)
 
(171
)
 
Other (expense)
income
 
—

 
—