XML 45 R43.htm IDEA: XBRL DOCUMENT
v2.4.0.8

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Jun. 30, 2013 | Jun. 30, 2012
Accumulated Other Comprehensive Loss Income [Roll Forward] |  |  |  |  |  |  |  |
Beginning balance | $ (244,045) |  | $ (218,039) |  | $ (235,400) |  | $ (247,881) |
Other comprehensive (loss) income before reclassification | (20,928) |  | (30,454) |  | (34,138) |  | (5,851) |
Amounts reclassified from AOCI | 5,186 |  | 4,818 |  | 9,751 |  | 10,057 |
Net current-period other comprehensive income (loss) | (15,742) |  | (25,636) |  | (24,387) |  | 4,206 |
Ending balance | (259,787) |  | (243,675) |  | (259,787) |  | (243,675) |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Abstract] |  |  |  |  |  |  |  |
Net sales | 727,432 |  | 744,045 |  | 1,446,005 |  | 1,471,167 |
Cost of goods sold | 487,094 |  | 519,048 |  | 979,095 |  | 1,030,905 |
Income taxes | 34,007 |  | 31,792 |  | 57,843 |  | 60,562 |
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges |  |  |  |  |  |  |  |
Accumulated Other Comprehensive Loss Income [Roll Forward] |  |  |  |  |  |  |  |
Beginning balance | 682 |  | 414 |  | 80 |  | 912 |
Other comprehensive (loss) income before reclassification | (4) |  | (125) |  | 1,078 |  | (1,076) |
Amounts reclassified from AOCI | (11) | [1] | 64 | [1] | (491) | [2] | 517 | [2]
Net current-period other comprehensive income (loss) | (15) |  | (61) |  | 587 |  | (559) |
Ending balance | 667 |  | 353 |  | 667 |  | 353 |
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Sales |  |  |  |  |  |  |  |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Abstract] |  |  |  |  |  |  |  |
Net sales | 201 |  | 233 |  | 302 |  | 464 |
Income taxes | 32 |  | 38 |  | 49 |  | 91 |
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Cost of goods sold |  |  |  |  |  |  |  |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Abstract] |  |  |  |  |  |  |  |
Cost of goods sold | (212) |  | (169) |  | (793) |  | 53 |
Income taxes | (73) |  | (17) |  | (203) |  | 99 |
Defined benefit pension plan activity |  |  |  |  |  |  |  |
Accumulated Other Comprehensive Loss Income [Roll Forward] |  |  |  |  |  |  |  |
Beginning balance | (256,739) |  | (250,523) |  | (261,844) |  | (255,369) |
Other comprehensive (loss) income before reclassification | 0 |  | 0 |  | 0 |  | 0 |
Amounts reclassified from AOCI | 4,972 | [3] | 4,369 | [3] | 10,077 | [4] | 9,215 | [4]
Net current-period other comprehensive income (loss) | 4,972 |  | 4,369 |  | 10,077 |  | 9,215 |
Ending balance | (251,767) |  | (246,154) |  | (251,767) |  | (246,154) |
Defined benefit pension plan activity | Reclassification out of Accumulated Other Comprehensive Income |  |  |  |  |  |  |  |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Abstract] |  |  |  |  |  |  |  |
Income taxes | 3,114 |  | 2,994 |  | 6,182 |  | 5,838 |
Currency translation adjustment |  |  |  |  |  |  |  |
Accumulated Other Comprehensive Loss Income [Roll Forward] |  |  |  |  |  |  |  |
Beginning balance | 12,012 |  | 32,070 |  | 26,364 |  | 6,576 |
Other comprehensive (loss) income before reclassification | (20,924) | [5] | (30,329) | [5] | (35,216) | [6] | (4,775) | [6]
Amounts reclassified from AOCI | 225 | [5] | 385 | [5] | 165 | [6] | 325 | [6]
Net current-period other comprehensive income (loss) | (20,699) |  | (29,944) |  | (35,051) |  | (4,450) |
Ending balance | (8,687) |  | 2,126 |  | (8,687) |  | 2,126 |
Currency translation adjustment | Reclassification out of Accumulated Other Comprehensive Income |  |  |  |  |  |  |  |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Abstract] |  |  |  |  |  |  |  |
Other comprehensive income attributable to non-controlling interest | $ (162) |  | $ (589) |  | $ (49) |  | $ (520) |
[1] | During the 2013 period, this AOCI reclassification is a component of Net sales of $201 (net of tax of $32) and Cost of goods sold of $(212) (net of tax of $(73)); during the 2012 period, the reclassification is a component of Net sales of $233 (net of tax of $38) and Cost of goods sold of $(169) (net of tax of $(17)). (See Note 17 - Derivatives for additional details.)
[2] | During the 2013 period, this AOCI reclassification is a component of Net sales of $302 (net of tax of $49) and Cost of goods sold of $(793) (net of tax of $(203)); during the 2012 period, the reclassification is a component of Net sales of $464 (net of tax of $91) and Cost of goods sold of $53 (net of tax of $99). (See Note 17 - Derivatives for additional details.)
[3] | This AOCI component is included in the computation of net periodic pension costs (net of tax of $3,114 and $2,994 during the three months ended June 30, 2013 and 2012, respectively). (See Note 15 - Retirement and Postretirement Benefit Plans for additional details.)
[4] | This AOCI component is included in the computation of net periodic pension costs (net of tax of $6,182 and $5,838 during the six months ended June 30, 2013 and 2012, respectively). (See Note 15 - Retirement and Postretirement Benefit Plans for additional details.)
[5] | The Other comprehensive income before reclassifications excludes $(162) and $(589) attributable to Non-controlling interests in the three months ended June, 2013 and 2012, respectively. The reclassified AOCI component is included in the computation of Non-controlling interests. (See Note 9 - Equity for additional details.)
[6] | The Other comprehensive income before reclassifications excludes $(49) and $(520) attributable to Non-controlling interests in the six months ended June, 2013 and 2012, respectively. The reclassified AOCI component is included in the computation of Non-controlling interests. (See Note 9 - Equity for additional details.)

X
- Details
Name: | leco_AccumulatedOtherComprehensiveLossIncomeRollForward
Namespace Prefix: | leco_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | leco_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeAbstract
Namespace Prefix: | leco_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669686-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e681-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 31 -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Total costs related to goods produced and sold during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 2 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(a)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_CostOfGoodsSold
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Income Tax Expense (or Benefit) -URI http://asc.fasb.org/extlink&oid=6515339 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_IncomeTaxExpenseBenefit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount after tax, before reclassification adjustments of other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount after tax of other comprehensive (income) loss attributable to noncontrolling interests. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount after tax of reclassification adjustments of other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(a)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 + Details
Name: | us-gaap_SalesRevenueGoodsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration