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RATIONALIZATION AND ASSET IMPAIRMENTS (Tables)
 6 Months Ended
Jun. 30, 2020
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activity related to rationalization liabilities for the six months ended June 30, 2020:
 
 
Americas Welding
 
International Welding
 
Consolidated
Balance, December 31, 2019
 
$
—

 
$
8,202

 
$
8,202

Payments and other adjustments
 
(1,219
)
 
(2,931
)
 
(4,150
)
Charged to expense
 
1,729

 
6,125

 
7,854

Balance, June 30, 2020
 
$
510

 
$
11,396

 
$
11,906