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v2.4.1.9

INCOME TAXES (Deferred Taxes) (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended |
--- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013
Deferred tax assets: |  |
Tax loss and credit carry-forwards | $ 46,112 leco_DeferredTaxAssetsTaxLossAndCreditCarryforwards | $ 51,762 leco_DeferredTaxAssetsTaxLossAndCreditCarryforwards
Inventory | 1,931 us-gaap_DeferredTaxAssetsInventory | 1,277 us-gaap_DeferredTaxAssetsInventory
Other accruals | 15,427 us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther | 15,709 us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
Employee benefits | 20,750 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits | 18,909 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
Pension obligations | 4,969 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions | 4,643 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
Other | 5,608 us-gaap_DeferredTaxAssetsOther | 9,828 us-gaap_DeferredTaxAssetsOther
Deferred tax assets, gross | 94,797 us-gaap_DeferredTaxAssetsGross | 102,128 us-gaap_DeferredTaxAssetsGross
Valuation allowance | (48,840)us-gaap_DeferredTaxAssetsValuationAllowance | (49,684)us-gaap_DeferredTaxAssetsValuationAllowance
Deferred tax assets, net | 45,957 us-gaap_DeferredTaxAssetsNet | 52,444 us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities: |  |
Property, plant and equipment | 37,352 us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment | 38,653 us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Intangible assets | 18,642 us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets | 24,014 us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
Inventory | 9,623 us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts | 7,311 us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
Pension obligations | 1,731 leco_DeferredTaxLiabilitiesPensionObligations | 7,315 leco_DeferredTaxLiabilitiesPensionObligations
Other | 10,018 us-gaap_DeferredTaxLiabilitiesOther | 8,777 us-gaap_DeferredTaxLiabilitiesOther
Deferred tax liabilities | 77,366 us-gaap_DeferredTaxLiabilities | 86,070 us-gaap_DeferredTaxLiabilities
Total deferred taxes | (31,409)us-gaap_DeferredTaxAssetsLiabilitiesNet | (33,626)us-gaap_DeferredTaxAssetsLiabilitiesNet
Tax loss carryforwards of certain subsidiaries that will expire in various years from 2015 through 2030 | 103,036 us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration |
Tax loss carryforwards of certain subsidiaries for which there is no expiration date | 75,398 us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration |
Unremitted earnings of certain non-U.S. subsidiaries that are not expected to be permanently reinvested | $ 16,032 leco_ForeignEarningsNotExpectedToBePermanentlyReInvested |

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