XML 46 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
SIGNIFICANT ACCOUNTING POLICIES (Textual) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Maximum period for which derivative contracts cover currency and commodity exposures (in years) 2 years    
Product Warranties      
Period of warranty services (in years) 3 years    
Stock-Based Compensation      
Anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares) 260,090us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 45,850us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 107,814us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Research and Development      
Research and development costs $ 43,256us-gaap_ResearchAndDevelopmentExpense $ 42,126us-gaap_ResearchAndDevelopmentExpense $ 37,305us-gaap_ResearchAndDevelopmentExpense
Bonus      
Costs related to the Company's discretionary employee bonus programs $ 128,478leco_CostsRelatedToDiscretionaryEmployeeBonusPrograms $ 123,571leco_CostsRelatedToDiscretionaryEmployeeBonusPrograms $ 124,947leco_CostsRelatedToDiscretionaryEmployeeBonusPrograms