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RATIONALIZATION AND ASSET IMPAIRMENTS (Tables)
 6 Months Ended
Jun. 30, 2016
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following tables summarize the activity related to the rationalization liabilities by segment for the six months ended June 30, 2016:
 
Americas Welding
 
International Welding
 
Consolidated
Balance, December 31, 2015
$
67

 
$
7,598

 
$
7,665

Payments and other adjustments
(67
)
 
(1,187
)
 
(1,254
)
Charged to expense
—

 
—

 
—

Balance, June 30, 2016
$
—

 
$
6,411

 
$
6,411