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SEGMENT INFORMATION (Financial Information of Reportable Segments) (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
segment
Sep. 30, 2023
USD ($)
Financial information for the reportable segments        
Number of operating segments (segments) | segment     3  
Net sales (Note 2) $ 983,759 $ 1,033,214 $ 2,986,639 $ 3,133,122
Adjusted EBIT 172,078 184,168 526,773 546,769
Special items charge 28,162 11,926 68,263 21,224
EBIT 143,916 172,242 458,510 525,545
Interest income 2,108 1,852 7,301 3,520
Interest expense (14,082) (12,661) (38,715) (39,228)
Income before income taxes 131,942 161,433 427,096 489,837
Rationalization and asset impairment charges (Note 6) 20,227 7,074 51,322 10,618
Pension settlement net charges     3,966 0
Acquisition Costs 610   4,551  
Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) (41,371) (36,070) (132,772) (120,047)
Corporate/Eliminations        
Financial information for the reportable segments        
Net sales (Note 2) (41,371) (36,070) (132,772) (120,047)
Adjusted EBIT 4,503 (2,952) (11,840) (14,538)
Special items charge 610 0 4,656 0
EBIT 3,893 (2,952) (16,496) (14,538)
Acquisition Costs 610   4,551  
Americas Welding        
Financial information for the reportable segments        
Net sales (Note 2) 637,026 665,228 1,910,061 2,000,839
Rationalization and asset impairment charges (Note 6) 16,282 408 16,521 408
Pension settlement net charges 3,966   3,966  
Business combination, inventory step up 3,109 3,648 3,224 9,390
Americas Welding | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 667,871 694,103 2,008,685 2,092,882
Adjusted EBIT 125,515 136,476 398,265 408,800
Special items charge 23,357 4,056 23,711 9,798
EBIT 102,158 132,420 374,554 399,002
Americas Welding | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) 30,845 28,875 98,624 92,043
International Welding        
Financial information for the reportable segments        
Net sales (Note 2) 216,224 242,010 690,743 747,829
Rationalization and asset impairment charges (Note 6) 2,676 6,666 32,030 10,210
Business combination, inventory step up 250 1,204 250 2,862
Gain (loss) on disposition of assets     (4,950) 1,646
International Welding | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 223,595 246,906 715,371 767,770
Adjusted EBIT 20,101 30,239 73,587 93,609
Special items charge 2,926 7,870 37,230 11,426
EBIT 17,175 22,369 36,357 82,183
International Welding | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) 7,371 4,896 24,628 19,941
The Harris Products Group        
Financial information for the reportable segments        
Net sales (Note 2) 130,509 125,976 385,835 384,454
Rationalization and asset impairment charges (Note 6) 1,269   2,666  
The Harris Products Group | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 133,664 128,275 395,355 392,517
Adjusted EBIT 21,959 20,405 66,761 58,898
Special items charge 1,269 0 2,666 0
EBIT 20,690 20,405 64,095 58,898
The Harris Products Group | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) $ 3,155 $ 2,299 $ 9,520 $ 8,063