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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of financial information for the reportable segments
Financial information for the reportable segments follows:
 
Americas Welding
 
International Welding
 
The Harris
Products
Group
 
Corporate /
Eliminations
 
Consolidated
Three Months Ended March 31, 2016
 

 
 

 
 

 
 

 
 

Net sales
$
359,008

 
$
124,305

 
$
67,409

 
$

 
$
550,722

Inter-segment sales
23,831

 
4,426

 
2,303

 
(30,560
)
 

Total
$
382,839

 
$
128,731

 
$
69,712

 
$
(30,560
)
 
$
550,722

 
 
 
 
 
 
 
 
 
 
EBIT, as adjusted
$
61,438

 
$
6,233

 
$
7,711

 
$
1,197

 
$
76,579

Special items charge (gain)

 

 

 

 

EBIT
$
61,438

 
$
6,233

 
$
7,711

 
$
1,197

 
$
76,579

Interest income
 

 
 

 
 

 
 

 
430

Interest expense
 

 
 

 
 

 
 
 
(3,827
)
Income before income taxes
 

 
 

 
 

 
 

 
$
73,182

 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2015
 

 
 

 
 

 
 

 
 

Net sales
$
448,837

 
$
139,247

 
$
69,816

 
$

 
$
657,900

Inter-segment sales
23,023

 
5,027

 
2,011

 
(30,061
)
 

Total
$
471,860

 
$
144,274

 
$
71,827

 
$
(30,061
)
 
$
657,900

 
 
 
 
 
 
 
 
 
 
EBIT, as adjusted
$
75,415

 
$
10,934

 
$
7,549

 
$
60

 
$
93,958

Special items charge (gain)

 

 

 

 

EBIT
$
75,415

 
$
10,934

 
$
7,549

 
$
60

 
$
93,958

Interest income
 

 
 

 
 

 
 

 
593

Interest expense
 

 
 

 
 

 
 

 
(1,844
)
Income before income taxes
 

 
 

 
 

 
 

 
$
92,707