XML 44 R28.htm IDEA: XBRL DOCUMENT

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2025

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

LINCOLN ELECTRIC HOLDINGS, INC.

(In thousands)


					Additions
		Balance at			Charged to			(Credited)
		Beginning			Costs and			Charged to						Balance at End
Description		Of period			Expenses			Other Accounts ⁽¹⁾			Deductions ⁽²⁾			of Period
Allowance for doubtful accounts:
Year Ended December 31, 2025		$	12,674		$	3,053		$	236		$	4,637		$	11,326
Year Ended December 31, 2024			11,464			4,371			(2,057)			1,104			12,674
Year Ended December 31, 2023			12,556			1,195			(94)			2,193			11,464

Deferred tax asset valuation allowance:
Year Ended December 31, 2025		$	35,284		$	2,625		$	(32,539)		$	568		$	4,802
Year Ended December 31, 2024			36,876			3,010			(3,532)			1,070			35,284
Year Ended December 31, 2023			44,627			4,570			(606)			11,715			36,876

(1)	Primarily relates to currency translation, valuation allowance adjustments and other items. The change in the 2025 deferred tax asset valuation allowance includes a reduction of approximately $32,000 related to these adjustments.

(2)	For the Allowance for doubtful accounts, deductions relate to uncollectible accounts written-off, net of recoveries. For the Deferred tax asset valuation allowance, deductions relate to the reversal of valuation allowances due to the realization of net operating loss carryforwards.