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RATIONALIZATION AND ASSET IMPAIRMENTS (Tables)
 9 Months Ended
Sep. 30, 2014
Restructuring and Related Activities [Abstract]  
Summary of the activity related to the rationalization liabilities by segment
The following tables summarize the activity related to the rationalization liabilities by segment for the nine months ended September 30, 2014:
 
North
America
Welding
 
Europe
Welding
 
Asia Pacific
Welding
 
South America Welding
Consolidated
Balance, December 31, 2013
$
466

 
$
2,435

 
$
375

 
$
—

$
3,276

Payments and other adjustments
(398
)
 
(2,854
)
 
(191
)
 
(582
)
(4,025
)
Charged (credited) to expense
(68
)
 
930

 
(184
)
 
582

1,260

Balance, September 30, 2014
$
—

 
$
511

 
$
—

 
$
—

$
511