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SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of financial information for the reportable segments
Financial information for the reportable segments follows:
 
Americas Welding
 
International Welding
 
The Harris
Products
Group
 
Corporate /
Eliminations
 
Consolidated
Three Months Ended June 30, 2016
 

 
 

 
 

 
 

 
 

Net sales
$
388,372

 
$
132,815

 
$
71,231

 
$
—

 
$
592,418

Inter-segment sales
23,456

 
3,841

 
2,824

 
(30,121
)
 
—

Total
$
411,828

 
$
136,656

 
$
74,055

 
$
(30,121
)
 
$
592,418

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
65,201

 
$
9,670

 
$
9,284

 
$
(298
)
 
$
83,857

Special items charge
—

 
—

 
—

 
34,348

 
34,348

EBIT
$
65,201

 
$
9,670

 
$
9,284

 
$
(34,646
)
 
$
49,509

Interest income
 

 
 

 
 

 
 

 
435

Interest expense
 

 
 

 
 

 
 

 
(4,186
)
Income before income taxes
 

 
 

 
 

 
 

 
$
45,758

 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 

 
 

 
 

 
 

 
 

Net sales
$
451,001

 
$
141,927

 
$
71,812

 
$
—

 
$
664,740

Inter-segment sales
23,902

 
5,311

 
2,716

 
(31,929
)
 
—

Total
$
474,903

 
$
147,238

 
$
74,528

 
$
(31,929
)
 
$
664,740

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
79,421

 
$
11,017

 
$
8,250

 
$
634

 
$
99,322

Special items charge
—

 
1,239

 
—

 
—

 
1,239

EBIT
$
79,421

 
$
9,778

 
$
8,250

 
$
634

 
$
98,083

Interest income
 

 
 

 
 

 
 

 
738

Interest expense
 

 
 

 
 

 
 

 
(4,387
)
Income before income taxes
 

 
 

 
 

 
 

 
$
94,434

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2016
 

 
 

 
 

 
 

 
 

Net sales
$
747,380

 
$
257,120

 
$
138,640

 
$
—

 
$
1,143,140

Inter-segment sales
47,287

 
8,267

 
5,127

 
(60,681
)
 
—

Total
$
794,667

 
$
265,387

 
$
143,767

 
$
(60,681
)
 
$
1,143,140

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
126,639

 
$
15,903

 
$
16,995

 
$
899

 
$
160,436

Special items charge
—

 
—

 
—

 
34,348

 
34,348

EBIT
$
126,639

 
$
15,903

 
$
16,995

 
$
(33,449
)
 
$
126,088

Interest income
 

 
 

 
 

 
 

 
865

Interest expense
 

 
 

 
 

 
 
 
(8,013
)
Income before income taxes
 

 
 

 
 

 
 

 
$
118,940

 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2015
 

 
 

 
 

 
 

 
 

Net sales
$
899,838

 
$
281,174

 
$
141,628

 
$
—

 
$
1,322,640

Inter-segment sales
46,925

 
10,338

 
4,727

 
(61,990
)
 
—

Total
$
946,763

 
$
291,512

 
$
146,355

 
$
(61,990
)
 
$
1,322,640

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
154,836

 
$
21,951

 
$
15,799

 
$
694

 
$
193,280

Special items charge
—

 
1,239

 
—

 
—

 
1,239

EBIT
$
154,836

 
$
20,712

 
$
15,799

 
$
694

 
$
192,041

Interest income
 

 
 

 
 

 
 

 
1,331

Interest expense
 

 
 

 
 

 
 

 
(6,231
)
Income before income taxes
 

 
 

 
 

 
 

 
$
187,141