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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ 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
Quarterly financial data (unaudited)                      
Deconsolidation, Gain (Loss), Amount     $ (34,348)           $ (34,348) $ 0 $ 0
DeconsolidationGainOrLossAmountNet     (33,251)           (33,251)    
IncomeTaxSpecialItemChargeGain     (7,196)                
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
Gross profit 197,457 199,812 202,927 189,102 196,079 198,894 225,781 220,390 789,298 841,144 949,297
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
Net income $ 53,395 $ 60,049 $ 31,317 $ 53,638 $ 48,692 $ (60,466) $ 70,898 $ 68,354 $ 198,399 $ 127,478 $ 254,686
Basic earnings per share (in dollars per share) $ 0.81 $ 0.90 $ 0.46 $ 0.77 $ 0.68 $ (0.82) $ 0.95 $ 0.90 $ 2.94 $ 1.72 $ 3.22
Diluted earnings per share (in dollars per share) $ 0.81 $ 0.89 $ 0.45 $ 0.76 $ 0.68 $ (0.82) $ 0.94 $ 0.89 $ 2.91 $ 1.70 $ 3.18
Rationalization and asset impairment net gains (charges)         $ (434) $ (18,285) $ (1,239)   $ 0 $ (19,958) $ (30,053)
Rationalization and asset impairment net gains (charges), after-tax         (450) (16,832) $ (900)        
Goodwill, Impairment Loss                   6,315  
Foreign Currency Transaction Loss, before Tax                   4,334 17,665
Special items charge (Gain)                 34,348 189,910 51,186
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments         (6,407) (136,331)     1,062 (142,738) (1,773)
Defined Benefit Plan Recognized Net Gain (Loss) Due To Settlements Net Of Tax         (3,969) (83,341)          
Inventory Write-down                   22,880 3,468
Americas Welding [Member]                      
Quarterly financial data (unaudited)                      
Net sales                 1,494,982 1,741,350 1,837,670
Goodwill, Impairment Loss           6,315       0  
Special items charge (Gain)           26,506     $ 0 173,239 $ 21,647
Asset Impairment Charges                   $ 3,417  
Inventory Write-down         $ 708            
Finite-Lived Intangible Assets [Member]                      
Quarterly financial data (unaudited)                      
Asset Impairment Charges           $ 3,417