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INCOME TAXES (Components of Income (Loss) before Income Taxes) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
[1]
Sep. 30, 2017
[2]
Jun. 30, 2017
[3]
Mar. 31, 2017
[4]
Dec. 31, 2016
[1]
Sep. 30, 2016
[2]
Jun. 30, 2016
[3]
Mar. 31, 2016
[4]
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Components of income (loss) before income taxes                      
U.S.                 $ 213,171 $ 209,409 $ 118,037
Non-U.S.                 153,065 67,979 51,750
Income before income taxes $ 73,728 $ 130,642 $ 83,966 $ 77,900 $ 78,152 $ 80,296 $ 45,758 $ 73,182 $ 366,236 $ 277,388 $ 169,787
[1] 2017 includes special item charges of $2,867 ($1,770 after-tax) for pension settlement charges, $6,590 ($6,198 after-tax) for rationalization and asset impairment charges, $28,616 for the net impact of the U.S. Tax Act and acquisition-related items including $2,264 ($1,708 after-tax) in amortization of step up in value of acquired inventories, $3,616 ($3,102 after-tax) for acquisition transaction and integration costs and a $1,935 adjustment to the bargain purchase gain.
[2] 2017 includes special item charges of $5,283 ($3,260 after-tax) for pension settlement charges and acquisition-related items including $2,314 ($1,745 after-tax) in amortization of step up in value of acquired inventories, $3,273 ($2,229 after-tax) for acquisition transaction and integration costs and a $51,585 bargain purchase gain.
[3] 2017 includes special item charges of $4,498 ($3,494 after-tax) related to acquisition transaction and integration costs.2016 includes special item charges of $34,348 ($33,251 after-tax) primarily related to the loss on deconsolidation of Venezuelan subsidiary and a tax benefit of $7,196 related to the reversal of an income tax valuation allowance as a result of a legal entity change to realign the Company's tax structure.
[4] 2017 includes special item charges of $3,615 ($2,734 after-tax) related to acquisition transaction costs.