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SEGMENT INFORMATION (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2018
USD ($)
segment
Sep. 30, 2017
USD ($)
Financial information for the reportable segments        
Restructuring, Settlement and Impairment Provisions $ 2,636 $ 0 $ 24,353 $ 0
Number of operating segments | segment     3  
Net sales (Note 2) 737,099 669,491 $ 2,284,847 1,877,246
Inter-segment sales 0 0 0 0
Total 737,099 669,491 2,284,847 1,877,246
EBIT, as adjusted 107,551 94,522 320,435 274,890
Special items charge (gain) 7,838 [1] (40,715) [2] 33,008 [1] (32,602) [2]
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Gain (Loss) Due to Settlement and Curtailment (4,232) (5,283) (4,990) (5,283)
EBIT 99,713 135,237 287,427 307,492
Interest income 1,993 1,327 5,273 3,349
Interest expense (5,962) (5,922) (18,495) (18,333)
Income before income taxes 95,744 130,642 274,205 292,508
Bargain purchase gain (Note 4) 0 51,585 0 51,585
The Harris Products Group        
Financial information for the reportable segments        
Net sales (Note 2) 73,467 73,585 233,235 222,483
Inter-segment sales 1,537 2,064 5,447 6,763
Total 75,004 75,649 238,682 229,246
EBIT, as adjusted 8,676 9,244 28,058 27,491
Special items charge (gain) 0 [1] 0 [2] 0 [1] 0 [2]
EBIT 8,676 9,244 28,058 27,491
Corporate / Eliminations        
Financial information for the reportable segments        
Acquisition Transaction and Integration Costs 970 3,273 3,665 11,386
Net sales (Note 2) 0 0 0 0
Inter-segment sales (37,045) (33,061) (108,787) (97,357)
Total (37,045) (33,061) (108,787) (97,357)
EBIT, as adjusted (1,099) 570 (4,443) 369
Special items charge (gain) 970 [1] (48,312) [2] 3,665 [1] (40,199) [2]
EBIT (2,069) 48,882 (8,108) 40,568
Bargain purchase gain (Note 4)   51,585    
Americas Welding        
Financial information for the reportable segments        
Net sales (Note 2) 454,010 398,289 1,351,297 1,186,760
Inter-segment sales 31,845 25,546 89,671 75,380
Total 485,855 423,835 1,440,968 1,262,140
EBIT, as adjusted 89,253 74,096 254,850 217,317
Special items charge (gain) 4,232 [1] 5,283 [2] 4,990 [1] 5,283 [2]
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Gain (Loss) Due to Settlement and Curtailment (4,232) (5,283) (4,990) (5,283)
EBIT 85,021 68,813 249,860 212,034
International Welding        
Financial information for the reportable segments        
Restructuring, Settlement and Impairment Provisions 2,636   24,353  
Net sales (Note 2) 209,622 197,617 700,315 468,003
Inter-segment sales 3,663 5,451 13,669 15,214
Total 213,285 203,068 713,984 483,217
EBIT, as adjusted 10,721 10,612 41,970 29,713
Special items charge (gain) 2,636 [1] 2,314 [2] 24,353 [1] 2,314 [2]
Business Combination, Inventory Step Up   2,314   2,314
EBIT $ 8,085 $ 8,298 $ 17,617 $ 27,399
[1] In the three months ended September 30, 2018, special items reflect pension settlement charges of $4,232 in Americas Welding, rationalization and asset impairment charges of $2,636 in International Welding and transaction and integration costs of $970 in Corporate / Eliminations related to the Air Liquide Welding acquisition as discussed in Note 4 to the consolidated financial statements. In the nine months ended September 30, 2018, special items reflect pension settlement charges of $4,990 in Americas Welding, rationalization and asset impairment charges of $24,353 in International Welding and transaction and integration costs of $3,665 in Corporate / Eliminations related to the Air Liquide Welding acquisition as discussed in Note 4 to the consolidated financial statements.
[2] In the three and nine months ended September 30, 2017, special items reflect pension settlement charges of $5,283 in Americas Welding, amortization of step up in value of acquired inventories of $2,314 in International Welding and transaction and integration costs of $3,273 and $11,386, respectively, offset by a bargain purchase gain of $51,585 in Corporate / Eliminations related to the Air Liquide Welding acquisition as discussed in Note 4 to the consolidated financial statements.