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SEGMENT INFORMATION (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Jun. 30, 2013 segment | Jun. 30, 2012 | Dec. 31, 2012
Financial information for the reportable segments |  |  |  |  |
Net sales | $ 727,432 | $ 744,045 | $ 1,446,005 | $ 1,471,167 |
Inter-segment sales | 0 | 0 | 0 | 0 |
Total | 727,432 | 744,045 | 1,446,005 | 1,471,167 |
EBIT, as adjusted | 109,832 | 101,073 | 211,146 | 194,281 |
Special items net charges | 3,389 | 2,639 | 14,100 | 2,639 |
EBIT | 106,443 | 98,434 | 197,046 | 191,642 |
Interest income | 890 | 849 | 1,916 | 1,732 |
Interest expense | (799) | (1,126) | (1,749) | (2,298) |
Income before income taxes | 106,534 | 98,157 | 197,213 | 191,076 |
Total assets | 2,060,117 | 2,021,988 | 2,060,117 | 2,021,988 | 2,089,863
Special items |  |  |  |  |
Number of operating segments |  |  | 5 |  |
North America Welding |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 419,069 | 416,223 | 838,623 | 797,552 |
Inter-segment sales | 35,529 | 39,658 | 64,514 | 73,200 |
Total | 454,598 | 455,881 | 903,137 | 870,752 |
EBIT, as adjusted | 82,777 | 76,556 | 159,437 | 146,075 |
Special items net charges | 266 | 77 | 1,126 | 77 |
EBIT | 82,511 | 76,479 | 158,311 | 145,998 |
Total assets | 1,000,724 | 897,248 | 1,000,724 | 897,248 |
Europe Welding |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 108,661 | 114,437 | 219,152 | 240,240 |
Inter-segment sales | 4,330 | 4,466 | 8,609 | 8,917 |
Total | 112,991 | 118,903 | 227,761 | 249,157 |
EBIT, as adjusted | 9,532 | 10,991 | 20,233 | 23,802 |
Special items net charges | 75 | 592 | 69 | 592 |
EBIT | 9,457 | 10,399 | 20,164 | 23,210 |
Total assets | 446,142 | 453,089 | 446,142 | 453,089 |
Asia Pacific Welding |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 69,239 | 85,433 | 139,278 | 177,996 |
Inter-segment sales | 4,374 | 5,076 | 8,758 | 8,893 |
Total | 73,613 | 90,509 | 148,036 | 186,889 |
EBIT, as adjusted | 653 | 4,014 | 2,946 | 6,587 |
Special items net charges | 510 | 589 | 707 | 589 |
EBIT | 143 | 3,425 | 2,239 | 5,998 |
Total assets | 339,657 | 365,494 | 339,657 | 365,494 |
South America Welding |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 44,503 | 37,169 | 80,877 | 77,007 |
Inter-segment sales | 51 | 11 | 71 | 11 |
Total | 44,554 | 37,180 | 80,948 | 77,018 |
EBIT, as adjusted | 11,065 | 2,980 | 16,177 | 5,885 |
Special items net charges | 2,538 | 1,381 | 12,198 | 1,381 |
EBIT | 8,527 | 1,599 | 3,979 | 4,504 |
Total assets | 124,841 | 124,093 | 124,841 | 124,093 |
The Harris Products Group |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 85,960 | 90,783 | 168,075 | 178,372 |
Inter-segment sales | 2,674 | 2,353 | 4,898 | 4,736 |
Total | 88,634 | 93,136 | 172,973 | 183,108 |
EBIT, as adjusted | 7,343 | 9,041 | 14,494 | 16,194 |
Special items net charges | 0 | 0 | 0 | 0 |
EBIT | 7,343 | 9,041 | 14,494 | 16,194 |
Total assets | 187,475 | 200,676 | 187,475 | 200,676 |
Corporate / Eliminations |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |
Inter-segment sales | (46,958) | (51,564) | (86,850) | (95,757) |
Total | (46,958) | (51,564) | (86,850) | (95,757) |
EBIT, as adjusted | (1,538) | (2,509) | (2,141) | (4,262) |
Special items net charges | 0 | 0 | 0 | 0 |
EBIT | (1,538) | (2,509) | (2,141) | (4,262) |
Total assets | $ (38,722) | $ (18,612) | $ (38,722) | $ (18,612) |

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