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SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2016
 

 
 

 
 

 
 

 
 

Net sales
$
377,520

 
$
119,564

 
$
70,562

 
$
—

 
$
567,646

Inter-segment sales
22,386

 
3,688

 
1,856

 
(27,930
)
 
—

Total
$
399,906

 
$
123,252

 
$
72,418

 
$
(27,930
)
 
$
567,646

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
68,285

 
$
5,796

 
$
8,757

 
$
913

 
$
83,751

Special items charge
—

 
—

 
—

 
—

 
—

EBIT
$
68,285

 
$
5,796

 
$
8,757

 
$
913

 
$
83,751

Interest income
 

 
 

 
 

 
 

 
360

Interest expense
 

 
 

 
 

 
 

 
(3,815
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
$
80,296

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2015
 

 
 

 
 

 
 

 
 

Net sales
$
454,172

 
$
128,072

 
$
62,922

 
$
—

 
$
645,166

Inter-segment sales
25,571

 
5,400

 
2,307

 
(33,278
)
 
—

Total
$
479,743

 
$
133,472

 
$
65,229

 
$
(33,278
)
 
$
645,166

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
82,765

 
$
9,268

 
$
6,422

 
$
(748
)
 
$
97,707

Special items charge
166,178

 
14,944

 
—

 
—

 
181,122

EBIT
$
(83,413
)
 
$
(5,676
)
 
$
6,422

 
$
(748
)
 
$
(83,415
)
Interest income
 

 
 

 
 

 
 

 
692

Interest expense
 

 
 

 
 

 
 

 
(5,803
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
$
(88,526
)
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
 

 
 

 
 

 
 

 
 

Net sales
$
1,124,900

 
$
376,684

 
$
209,202

 
$
—

 
$
1,710,786

Inter-segment sales
69,673

 
11,955

 
6,983

 
(88,611
)
 
—

Total
$
1,194,573

 
$
388,639

 
$
216,185

 
$
(88,611
)
 
$
1,710,786

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
194,924

 
$
21,699

 
$
25,752

 
$
1,812

 
$
244,187

Special items charge
—

 
—

 
—

 
34,348

 
34,348

EBIT
$
194,924

 
$
21,699

 
$
25,752

 
$
(32,536
)
 
$
209,839

Interest income
 

 
 

 
 

 
 

 
1,225

Interest expense
 

 
 

 
 

 
 
 
(11,828
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
$
199,236

 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2015
 

 
 

 
 

 
 

 
 

Net sales
$
1,354,010

 
$
409,246

 
$
204,550

 
$
—

 
$
1,967,806

Inter-segment sales
72,496

 
15,738

 
7,034

 
(95,268
)
 
—

Total
$
1,426,506

 
$
424,984

 
$
211,584

 
$
(95,268
)
 
$
1,967,806

 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
$
237,601

 
$
31,219

 
$
22,221

 
$
(54
)
 
$
290,987

Special items charge
166,178

 
16,183

 
—

 
—

 
182,361

EBIT
$
71,423

 
$
15,036

 
$
22,221

 
$
(54
)
 
$
108,626

Interest income
 

 
 

 
 

 
 

 
2,023

Interest expense
 

 
 

 
 

 
 

 
(12,034
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
$
98,615