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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Quarterly financial data (unaudited)                      
Acquisition Transaction and Integration Costs $ 3,616 $ 3,273 $ 4,498 $ 3,615         $ 15,002    
Business Combination, Bargain Purchase, Gain Recognized, Amount (1,935) 51,585             49,650 $ 0 $ 0
Deconsolidation, Gain (Loss), Amount             $ (34,348)   0 (34,348) 0
DeconsolidationGainOrLossAmountNet             (33,251)     (33,251)  
IncomeTaxSpecialItemChargeGain             (7,196)        
Net sales 747,185 669,491 626,858 580,897 $ 563,828 $ 567,646 592,418 $ 550,772 2,624,431 2,274,614 2,535,791
Gross profit 239,466 219,516 217,488 203,856 197,457 199,812 202,927 189,102 880,326 789,298 841,144
Income before income taxes 73,728 [1] 130,642 [2] 83,966 [3] 77,900 [4] 78,152 [1] 80,296 [2] 45,758 [3] 73,182 [4] 366,236 277,388 169,787
Net income $ 24,181 [1] $ 106,126 [2] $ 61,352 [3] $ 55,844 [4] $ 53,395 [1] $ 60,049 [2] $ 31,317 [3] $ 53,638 [4] $ 247,503 $ 198,399 $ 127,478
Basic earnings per share (in dollars per share) $ 0.37 [5] $ 1.61 [5] $ 0.93 [5] $ 0.85 [5] $ 0.81 [5] $ 0.90 [5] $ 0.46 [5] $ 0.77 [5] $ 3.76 $ 2.94 $ 1.72
Diluted earnings per share (in dollars per share) $ 0.36 [5] $ 1.59 [5] $ 0.92 [5] $ 0.84 [5] $ 0.81 [5] $ 0.89 [5] $ 0.45 [5] $ 0.76 [5] $ 3.71 $ 2.91 $ 1.70
Rationalization and asset impairment net gains (charges) $ (6,590)               $ (6,590) $ 0 $ (19,958)
Rationalization and asset impairment net gains (charges), after-tax (6,198)                    
Income Tax Expense Benefit Net Resulting from Tax Reform Act 28,616               28,616 0 0
Goodwill, Impairment Loss [6]                 1,091    
Foreign Currency Transaction Loss, before Tax                   4,334  
Acquisition Transaction and Integration Costs Net of Tax 3,102 $ 2,229 $ 3,494 $ 2,734              
Asset Impairment Charges                 1,441    
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments (2,867) (5,283)             (8,252) [7] 1,062 [7] (142,738) [7]
Defined Benefit Plan Recognized Net Gain (Loss) Due To Settlements Net Of Tax (1,770) (3,260)                  
Business Combination, Inventory Step Up 2,264 2,314             4,578    
Business Combination, Inventory Step Up Net of Tax $ 1,708 $ 1,745                  
Inventory Write-down                   22,880  
International Welding [Member]                      
Quarterly financial data (unaudited)                      
Net sales                 724,024 507,289 530,460
Americas Welding [Member]                      
Quarterly financial data (unaudited)                      
Net sales                 1,609,779 $ 1,494,982 $ 1,741,350
Goodwill, Impairment Loss [6]                 $ 1,091    
[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.
[5] The quarterly earnings per share ("EPS") amounts are each calculated independently. Therefore, the sum of the quarterly EPS amounts may not equal the annual totals.
[6] 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.
[7] Pension settlement charges for the year ended December 31, 2017 resulting from lump sum pension payments. For the year ended December 31, 2015, the Company recorded pension settlement charges of $142,738, primarily related to the purchase of the group annuity contract.