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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Quarterly financial data (unaudited)                      
Net sales $ 714,791 $ 691,875 $ 727,432 $ 718,573 $ 684,648 $ 697,552 $ 744,045 $ 727,122 $ 2,852,671 $ 2,853,367 $ 2,694,609
Gross profit 243,047 232,697 240,338 226,572 213,032 213,362 224,997 215,265 942,654 866,656 736,737
Income before income taxes 121,388 97,840 106,534 90,679 87,605 90,889 98,157 92,919 416,441 369,570 301,331
Net income 88,324 66,044 72,606 66,806 62,084 64,765 66,319 64,243 293,780 257,411 217,186
Basic earnings per share (in dollars per share) $ 1.09 $ 0.81 $ 0.88 $ 0.81 $ 0.75 $ 0.78 $ 0.80 $ 0.77 $ 3.58 $ 3.10 $ 2.60
Diluted earnings per share (in dollars per share) $ 1.07 $ 0.80 $ 0.87 $ 0.80 $ 0.74 $ 0.77 $ 0.79 $ 0.76 $ 3.54 $ 3.06 $ 2.56
Rationalization and asset impairment net gains (charges) (259) (1,627) (851) (1,051) (5,037) (3,059) (1,258)   (8,463) (9,354) (282)
Rationalization and asset impairment net gains (charges), after-tax (223) (1,595) (579) (673) (3,823) (2,704) (915)        
Special items charge (Gain)                 21,366 10,735 282
Asia Pacific Welding
                     
Quarterly financial data (unaudited)                      
Net sales                 266,282 324,482 376,276
Special items charge (Gain)                 6,071 4,993 (110)
Other Asset Impairment Charges   4,675             4,444    
Other Asset Impairment Charges Net of Tax   4,503                  
Land Sales (705)               (705)    
Noncontrolling Interests
                     
Quarterly financial data (unaudited)                      
Other Asset Impairment Charges   1,021                  
Land Sales (47)                    
North America Welding
                     
Quarterly financial data (unaudited)                      
Net sales                 1,652,769 1,580,818 1,309,499
Special items charge (Gain)                 1,052 827 0
South America Welding
                     
Quarterly financial data (unaudited)                      
Net sales                 195,895 161,483 156,684
Rationalization and asset impairment net gains (charges)             (1,381)        
Rationalization and asset impairment net gains (charges), after-tax             (906)        
Special items charge (Gain)     $ 2,538 $ 9,660         $ 12,198 $ 1,381 $ 0