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Derivatives and Hedging Instruments (Tables)
 3 Months Ended
Mar. 31, 2016
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):
 
March 31, 2016
 
December 31, 2015
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency exchange contracts
Other assets
 
$
526

 
Other assets
 
$
718

Foreign currency exchange contracts
Other liabilities
 
(342
)
 
Other liabilities
 
(601
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency exchange contracts
Other assets
 
3,910

 
Other assets
 
—

Interest rate swap agreements
Other liabilities
 
(307
)
 
Other liabilities
 
(352
)
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 operations for the three months ended March 31, 2016 and 2015 (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 
 March 31,
 
 
 
Three Months Ended 
 March 31,
 
 
 
Three Months Ended 
 March 31,
 
2016
 
2015
 
 
 
2016
 
2015
 
 
 
2016
 
2015
Foreign currency exchange contracts
$
502

 
$
472

 
Salaries and
employee
benefits
 
$
258

 
$
(151
)
 
Other (expense)
income
 
$
—

 
$
—

Foreign currency exchange contracts
(154
)
 
220

 
General and
administrative
expenses
 
23

 
(16
)
 
Other (expense)
income
 
—

 
—