XML 49 R32.htm IDEA: XBRL DOCUMENT
v3.22.0.1

SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
SIGNIFICANT ACCOUNTING POLICIES |
Property, Plant and Equipment | Property, plant and equipment, net in the Consolidated Balance Sheet is comprised of the following components: ​
​ | ​ | ​ | ​ | ​ | ​
​ | December 31,
​ | 2021 |  | 2020
Land | $ | 67,897 | ​ | $ | 70,335
Buildings |  | 426,165 | ​ |  | 433,823
Machinery and equipment |  | 885,718 | ​ |  | 902,581
​ |  | 1,379,780 | ​ |  | 1,406,739
Less accumulated depreciation |  | 868,036 | ​ |  | 884,647
Total | $ | 511,744 | ​ | $ | 522,092
Schedule of adopted accounting pronouncements | ​
​ | ​ | ​
Standard |  | Description
ASU No. 2019-12, Income Taxes (Topic 740), issued December 2019. | ​ | ASU 2019-12 simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. The adoption did not have a material impact on the Company’s consolidated financial statements.

X
- Definition Tabular disclosure of adopted accounting pronouncements. + References No definition available. + Details
Name: | leco_AdoptedAccountingPronouncementsTableTextBlock
Namespace Prefix: | leco_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration