XML 29 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9

DEBT (Details) (USD $)	1 Months Ended	3 Months Ended
	Sep. 30, 2014	Mar. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Apr. 01, 2015
Debt
Line of Credit Facility, Fair Value of Amount Outstanding		$ 167,985,000us-gaap_ShortTermBankLoansAndNotesPayable			$ 68,166,000us-gaap_ShortTermBankLoansAndNotesPayable
Revolving credit agreement
Debt
Borrowing capacity under the line of credit		400,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
Line of Credit Facility, Initiation Date	Sep. 12, 2014
Covenant compliance description		As of March 31, 2015, the Company was in compliance with all of its covenants
Line of Credit Facility, Fair Value of Amount Outstanding		130,000,000us-gaap_ShortTermBankLoansAndNotesPayable / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
Additional increase in borrowing capacity of the line of credit available at the entity's option		100,000,000leco_LineOfCreditFacilityAdditionalCapacityIncreaseOption / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
Debt Instrument, Term		5 years
Senior Notes [Member]
Debt
Debt Instrument, Issuance Date				Apr. 01, 2015
Debt Instrument, Face Amount						350,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember
Proceeds from Issuance of Unsecured Debt			200,000,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember	150,000,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember
Debt, Weighted Average Interest Rate						3.50%us-gaap_DebtWeightedAverageInterestRate / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember
AverageMaturityofDebtInstruments				19 years
Minimum [Member] | Senior Notes [Member]
Debt
Debt Instrument, Term				10 years
Maximum | Senior Notes [Member]
Debt
Debt Instrument, Term				30 years
Senior Notes Series A [Member]
Debt
Debt Instrument, Maturity Date				Aug. 20, 2025
Debt Instrument, Interest Rate, Stated Percentage						3.15%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesAMember
Debt Instrument, Face Amount						100,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesAMember
Senior Notes Series B [Member]
Debt
Debt Instrument, Maturity Date				Aug. 20, 2030
Debt Instrument, Interest Rate, Stated Percentage						3.35%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesBMember
Debt Instrument, Face Amount						100,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesBMember
Senior Notes Series C [Member]
Debt
Debt Instrument, Maturity Date				Apr. 01, 2035
Debt Instrument, Interest Rate, Stated Percentage						3.61%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesCMember
Debt Instrument, Face Amount						50,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesCMember
Senior Notes Series D [Member]
Debt
Debt Instrument, Maturity Date				Apr. 01, 2045
Debt Instrument, Interest Rate, Stated Percentage						4.02%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesDMember
Debt Instrument, Face Amount						$ 100,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = leco_SeniorNotesSeriesDMember

X

- Definition

Average period of time between issuance and maturity of debt instruments.

+ References

No definition available.

+ Details

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X

- Definition

Represents the amount that the borrowing capacity of the line of credit may be increased at the entity's option, subject to certain conditions, under the terms of the credit agreement.

+ References

No definition available.

+ Details

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X

- Definition

Face (par) amount of debt instrument at time of issuance.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399



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X

- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

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-Subparagraph (SX 210.5-02.22(a)(1))

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- Definition

Date the debt instrument was issued, in CCYY-MM-DD format.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

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X

- Definition

Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.

+ References

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-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

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X

- Definition

Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

No definition available.

+ Details

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X

- Definition

Weighted average interest rate of debt outstanding.

+ References

No definition available.

+ Details

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X

- Definition

Identification of whether the entity has been in compliance with any credit facility debt covenants during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644



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X

- Definition

Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility.

+ References

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- Definition

Date the credit facility first became available, in CCYY-MM-DD format.

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- Definition

The cash inflow from the issuance of long-term debt that is not secured by collateral. Excludes proceeds from tax exempt unsecured debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-URI http://asc.fasb.org/extlink&oid=6513228



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- Definition

Carrying amount at the balance sheet date of borrowings from a bank, not elsewhere enumerated in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing.

+ References

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