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RATIONALIZATION AND ASSET IMPAIRMENTS (Textual) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Rationalization and Asset Impairments          
Restructuring Reserve $ 6,411   $ 6,411   $ 7,665
Special Items Charge (Gain) 34,348 $ 1,239 34,348 $ 1,239  
Other current assets 100,367   100,367   91,167
Other current liabilities 226,845   226,845   213,224
International Welding          
Rationalization and Asset Impairments          
Restructuring Reserve 6,411   6,411   $ 7,598
Special Items Charge (Gain) $ 0 $ 1,239 $ 0 $ 1,239