XML 59 R38.htm IDEA: XBRL DOCUMENT
v3.8.0.1

DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Debt Instrument [Line Items] |
Schedule of debt | At December 31, 2017 and 2016, debt consisted of the following:
|  | December 31,
|  | 2017 |  | 2016
Long-term debt |  |  |  |
Senior Unsecured Notes due through 2045, interest at 2.8% to 4.0% (net of debt issuance costs of $1,491 and $1,586 at December 31, 2017 and 2016, respectively), swapped $100,000 to variable interest rates of 2.0% to 3.2% |  | $ | 693,424 |  |  | $ | 692,975 |
Other borrowings due through 2023, interest up to 8.0% |  | 10,823 |  |  | 10,860 |
|  | 704,247 |  |  | 703,835 |
Less current portion |  | 111 |  |  | 131 |
Long-term debt, less current portion |  | 704,136 |  |  | 703,704 |
Short-term debt |  |  |  |
Amounts due banks, interest at 31.8% (29.0% in 2016) |  | 2,020 |  |  | 1,758 |
Current portion long-term debt |  | 111 |  |  | 131 |
Total short-term debt |  | 2,131 |  |  | 1,889 |
Total debt |  | $ | 706,267 |  |  | $ | 705,593 |
Senior Notes 2015 [Member] |
Debt Instrument [Line Items] |
Schedule of debt | The maturity and interest rates of the 2015 Notes are as follows:
| Amount |  | Maturity Date |  | Interest Rate
Series A | $ | 100,000 |  |  | August 20, 2025 |  | 3.15 | %
Series B | 100,000 |  |  | August 20, 2030 |  | 3.35 | %
Series C | 50,000 |  |  | April 1, 2035 |  | 3.61 | %
Series D | 100,000 |  |  | April 1, 2045 |  | 4.02 | %
Senior Notes 2016 [Member] |
Debt Instrument [Line Items] |
Schedule of debt | The maturity and interest rates of the 2016 Notes are as follows:
| Amount |  | Maturity Date |  | Interest Rate
Series A | $ | 100,000 |  |  | October 20, 2028 |  | 2.75 | %
Series B | 100,000 |  |  | October 20, 2033 |  | 3.03 | %
Series C | 100,000 |  |  | October 20, 2037 |  | 3.27 | %
Series D | 50,000 |  |  | October 20, 2041 |  | 3.52 | %

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=leco_SeniorNotes2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=leco_SeniorNotes2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |