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SEGMENT INFORMATION (Financial Information of Reportable Segments) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Financial information for the reportable segments        
Net sales (Note 2) $ 1,021,683 $ 1,060,565 $ 2,002,880 $ 2,099,908
Adjusted EBIT 181,019 190,971 354,695 362,602
Special items charge 33,734 6,212 40,101 9,299
EBIT 147,285 184,759 314,594 353,303
Interest income 1,972 814 5,193 1,668
Interest expense (12,633) (12,513) (24,633) (26,567)
Income before income taxes 136,624 173,060 295,154 328,404
Rationalization and asset impairment charges (Note 6) 26,490 2,667 31,095 3,544
Acquisition Costs 2,182   3,944  
Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) (49,921) (42,009) (91,400) (83,977)
Corporate/Eliminations        
Financial information for the reportable segments        
Net sales (Note 2) (49,921) (42,009) (91,400) (83,977)
Adjusted EBIT (6,264) (2,183) (16,343) (11,586)
Special items charge 2,286 0 4,047 0
EBIT (8,550) (2,183) (20,390) (11,586)
Acquisition Costs 2,182   3,944  
Americas Welding        
Financial information for the reportable segments        
Net sales (Note 2) 648,936 676,966 1,273,035 1,335,611
Business combination, inventory step up   2,957   5,742
Americas Welding | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 686,736 707,816 1,340,813 1,398,779
Adjusted EBIT 136,651 139,870 272,750 272,324
Special items charge 354 2,957 354 5,742
EBIT 136,297 136,913 272,396 266,582
Americas Welding | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) 37,800 30,850 67,778 63,168
International Welding        
Financial information for the reportable segments        
Net sales (Note 2) 238,758 253,403 474,519 505,819
Rationalization and asset impairment charges (Note 6) 26,284 2,667 29,354 3,544
Business combination, inventory step up   588   1,659
Gain (loss) on disposition of assets (4,950)   (4,950) 1,646
International Welding | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 247,607 261,695 491,776 520,864
Adjusted EBIT 25,709 33,774 53,486 63,371
Special items charge 31,234 3,255 34,304 3,557
EBIT (5,525) 30,519 19,182 59,814
International Welding | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) 8,849 8,292 17,257 15,045
The Harris Products Group        
Financial information for the reportable segments        
Net sales (Note 2) 133,989 130,196 255,326 258,478
Rationalization and asset impairment charges (Note 6)     1,396  
The Harris Products Group | Operating Segments        
Financial information for the reportable segments        
Net sales (Note 2) 137,261 133,063 261,691 264,242
Adjusted EBIT 24,923 19,510 44,802 38,493
Special items charge (140) 0 1,396 0
EBIT 25,063 19,510 43,406 38,493
The Harris Products Group | Inter-segment        
Financial information for the reportable segments        
Net sales (Note 2) $ 3,272 $ 2,867 $ 6,365 $ 5,764