XML 58 R34.htm IDEA: XBRL DOCUMENT  v2.3.0.11
SEGMENT INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
SEGMENT INFORMATION          
Number of operating segments     5    
Financial information for the reportable segments          
Net sales $ 699,293 $ 515,584 $ 1,298,472 $ 986,542  
Total 699,293 515,584 1,298,472 986,542  
EBIT, as adjusted 82,385 51,284 144,329 87,694  
Special items charge (gain) (75) (1,310) 282 (520)  
EBIT 82,460 52,594 144,047 88,214  
Interest income 661 544 1,269 1,179  
Interest expense (1,627) (1,566) (3,285) (3,080)  
Income before income taxes 81,494 51,572 142,031 86,313  
Total assets 2,001,066 1,731,408 2,001,066 1,731,408 1,783,788
Special items          
Special items, net charges for rationalization actions (75) (3,629) 282 (2,828)  
North America Welding
         
Financial information for the reportable segments          
Net sales 321,656 253,809 602,413 485,144  
Inter-segment sales 37,222 28,182 72,349 53,090  
Total 358,878 281,991 674,762 538,234  
EBIT, as adjusted 58,120 40,301 104,756 71,297  
EBIT 58,120 40,301 104,756 71,297  
Total assets 1,019,926 878,731 1,019,926 878,731  
Europe Welding
         
Financial information for the reportable segments          
Net sales 139,248 85,205 253,456 169,881  
Inter-segment sales 6,302 2,987 10,137 6,545  
Total 145,550 88,192 263,593 176,426  
EBIT, as adjusted 11,073 7,959 16,985 9,057  
Special items charge (gain) 34 1,169 392 1,709  
EBIT 11,039 6,790 16,593 7,348  
Total assets 513,141 344,325 513,141 344,325  
Special items          
Special items, net charges for rationalization actions 34 1,169 188 1,709  
Special items, gain (loss) on the sale of assets at a rationalized operation     (204)    
Asia Pacific Welding
         
Financial information for the reportable segments          
Net sales 102,721 82,363 190,281 154,308  
Inter-segment sales 3,397 2,585 6,610 5,086  
Total 106,118 84,948 196,891 159,394  
EBIT, as adjusted 1,256 1,557 1,382 2,539  
Special items charge (gain) (109) (4,382) (110) (4,121)  
EBIT 1,365 5,939 1,492 6,660  
Total assets 369,181 327,821 369,181 327,821  
Special items          
Special items, net charges for rationalization actions 94 (45) 93 216  
Special items, gain (loss) on the sale of assets at a rationalized operation 203 4,337 203 4,337  
South America Welding
         
Financial information for the reportable segments          
Net sales 37,769 28,196 71,842 50,944  
Inter-segment sales 120 208 120 402  
Total 37,889 28,404 71,962 51,346  
EBIT, as adjusted 3,527 1,001 5,575 2,336  
Special items charge (gain)   2,319   2,308  
EBIT 3,527 (1,318) 5,575 28  
Total assets 119,387 83,161 119,387 83,161  
Special items          
Special items, charge for the impact resulting from the change in functional currency to the U.S. dollar and devaluation of the Venezuelan currency   2,319   2,308  
The Harris Products Group
         
Financial information for the reportable segments          
Net sales 97,899 66,011 180,480 126,265  
Inter-segment sales 2,017 1,628 4,250 3,359  
Total 99,916 67,639 184,730 129,624  
EBIT, as adjusted 9,197 2,518 15,740 5,259  
Special items charge (gain)   (416)   (416)  
EBIT 9,197 2,934 15,740 5,675  
Total assets 306,447 256,958 306,447 256,958  
Special items          
Special items, gain (loss) on the sale of assets at a rationalized operation   416   416  
Corporate / Eliminations
         
Financial information for the reportable segments          
Inter-segment sales (49,058) (35,590) (93,466) (68,482)  
Total (49,058) (35,590) (93,466) (68,482)  
EBIT, as adjusted (788) (2,052) (109) (2,794)  
EBIT (788) (2,052) (109) (2,794)  
Total assets $ (327,016) $ (159,588) $ (327,016) $ (159,588)