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RATIONALIZATION AND ASSET IMPAIRMENTS (Textual) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]        
Rationalization and asset impairment charges (gains) $ 6,590 $ 6,590 $ 0 $ 19,958
Restructuring Charges   5,149    
Restructuring liability 6,803 6,803 5,190 $ 7,665
Asset impairment charges   1,441    
Goodwill, Impairment Loss [1]   1,091    
Other current assets 123,836 123,836 96,213  
Other Liabilities, Current 119,655 119,655 $ 97,806  
International Welding [Member]        
Restructuring Cost and Reserve [Line Items]        
Restructuring liability $ 3,610 3,610    
The Harris Products Group        
Restructuring Cost and Reserve [Line Items]        
Goodwill, Impairment Loss [1]   $ 0    
[1] The Company performed an interim goodwill impairment test, using a combination of income and market valuation approaches, resulting in a non-cash impairment charge to the carrying value of goodwill. The impairment charge is recorded within Rationalization and asset impairment charges in the accompanying Consolidated Statements of Income.