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SEGMENT INFORMATION (Financial Information of Reportable Segments) (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Financial information for the reportable segments |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 563,828 | $ 567,646 | $ 592,418 | $ 550,722 | $ 567,985 | $ 645,166 | $ 664,740 | $ 657,900 | $ 2,274,614 | $ 2,535,791 | $ 2,813,324
Revenue from Related Parties |  |  |  |  |  |  |  |  | 0 | 0 | 0
Segment, including Inter-segment, sales |  |  |  |  |  |  |  |  | 2,274,614 | 2,535,791 | 2,813,324
EBIT, as adjusted |  |  |  |  |  |  |  |  | 328,723 | 378,807 | 434,340
Special items charge (Gain) |  |  |  |  |  |  |  |  | 34,348 | 189,910 | 51,186
EBIT |  |  |  |  |  |  |  |  | 294,375 | 188,897 | 383,154
Interest income |  |  |  |  |  |  |  |  | 2,092 | 2,714 | 3,093
Interest expense |  |  |  |  |  |  |  |  | (19,079) | (21,824) | (10,434)
Income before income taxes | 78,152 | $ 80,296 | $ 45,758 | $ 73,182 | 71,172 | (88,526) | $ 94,434 | $ 92,707 | 277,388 | 169,787 | 375,813
Total assets | 1,943,437 |  |  |  | 1,784,171 |  |  |  | 1,943,437 | 1,784,171 | 1,939,215
Equity investments in affiliates | 27,301 |  |  |  | 27,241 |  |  |  | 27,301 | 27,241 | 27,481
Capital expenditures |  |  |  |  |  |  |  |  | 49,877 | 50,507 | 72,990
Depreciation and amortization |  |  |  |  |  |  |  |  | 65,073 | 64,007 | 69,607
The Harris Products Group |  |  |  |  |  |  |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | 272,343 | 263,981 | 294,230
Revenue from Related Parties |  |  |  |  |  |  |  |  | 8,709 | 9,312 | 8,210
Segment, including Inter-segment, sales |  |  |  |  |  |  |  |  | 281,052 | 273,293 | 302,440
EBIT, as adjusted |  |  |  |  |  |  |  |  | 32,380 | 27,882 | 28,563
Special items charge (Gain) |  |  |  |  |  |  |  |  | 0 | 0 | 0
EBIT |  |  |  |  |  |  |  |  | 32,380 | 27,882 | 28,563
Total assets | 161,391 |  |  |  | 143,905 |  |  |  | 161,391 | 143,905 | 147,990
Equity investments in affiliates | 0 |  |  |  | 0 |  |  |  | 0 | 0 | 0
Capital expenditures |  |  |  |  |  |  |  |  | 2,209 | 2,727 | 825
Depreciation and amortization |  |  |  |  |  |  |  |  | 2,860 | 2,978 | 3,512
Corporate / Eliminations |  |  |  |  |  |  |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | 0 | 0 | 0
Revenue from Related Parties |  |  |  |  |  |  |  |  | (118,296) | (120,597) | (140,342)
Segment, including Inter-segment, sales |  |  |  |  |  |  |  |  | (118,296) | (120,597) | (140,342)
EBIT, as adjusted |  |  |  |  |  |  |  |  | 564 | (275) | 3,802
Special items charge (Gain) |  |  |  |  |  |  |  |  | 34,348 | 0 | 0
EBIT |  |  |  |  |  |  |  |  | (33,784) | (275) | 3,802
Total assets | (25,594) |  |  |  | (68,805) |  |  |  | (25,594) | (68,805) | (86,927)
Equity investments in affiliates | 0 |  |  |  | 0 |  |  |  | 0 | 0 | 0
Capital expenditures |  |  |  |  |  |  |  |  | 0 | 0 | 0
Depreciation and amortization |  |  |  |  |  |  |  |  | (209) | (194) | (239)
Americas Welding [Member] |  |  |  |  |  |  |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | 1,494,982 | 1,741,350 | 1,837,670
Revenue from Related Parties |  |  |  |  |  |  |  |  | 93,612 | 92,538 | 110,524
Segment, including Inter-segment, sales |  |  |  |  |  |  |  |  | 1,588,594 | 1,833,888 | 1,948,194
EBIT, as adjusted |  |  |  |  |  |  |  |  | 266,633 | 316,689 | 353,255
Special items charge (Gain) |  |  |  |  |  | $ 26,506 |  |  | 0 | 173,239 | 21,647
EBIT |  |  |  |  |  |  |  |  | 266,633 | 143,450 | 331,608
Total assets | 1,278,417 |  |  |  | 1,165,817 |  |  |  | 1,278,417 | 1,165,817 | 1,214,988
Equity investments in affiliates | 3,946 |  |  |  | 3,791 |  |  |  | 3,946 | 3,791 | 3,579
Capital expenditures |  |  |  |  |  |  |  |  | 35,314 | 35,721 | 62,066
Depreciation and amortization |  |  |  |  |  |  |  |  | 47,359 | 45,447 | 44,710
International Welding [Member] |  |  |  |  |  |  |  |  |  |  |
Financial information for the reportable segments |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | 507,289 | 530,460 | 681,424
Revenue from Related Parties |  |  |  |  |  |  |  |  | 15,975 | 18,747 | 21,608
Segment, including Inter-segment, sales |  |  |  |  |  |  |  |  | 523,264 | 549,207 | 703,032
EBIT, as adjusted |  |  |  |  |  |  |  |  | 29,146 | 34,511 | 48,720
Special items charge (Gain) |  |  |  |  |  |  |  |  | 0 | 16,671 | 29,539
EBIT |  |  |  |  |  |  |  |  | 29,146 | 17,840 | 19,181
Total assets | 529,223 |  |  |  | 543,254 |  |  |  | 529,223 | 543,254 | 663,164
Equity investments in affiliates | $ 23,355 |  |  |  | $ 23,450 |  |  |  | 23,355 | 23,450 | 23,902
Capital expenditures |  |  |  |  |  |  |  |  | 12,354 | 12,059 | 10,099
Depreciation and amortization |  |  |  |  |  |  |  |  | $ 15,063 | $ 15,776 | $ 21,624

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