INCOME TAXES	6 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES During the three months ended June 30, 2018, the Company recognized income tax expense of $28.9 million on income of $84.8 million, an effective tax rate of 34.1%, as compared to income tax expense of $23.1 million on income of $118.5 million, an effective tax rate of 19.5%, for the three months ended June 30, 2017. The higher effective tax rate for the three months ended June 30, 2018 is primarily due to low-taxed appreciation of Konecranes Plc, a Finnish public company limited by shares, (“Konecranes”) shares and favorable geographic mix of earnings in the second quarter of 2017, partially offset by tax expense from applying a lower estimated annual effective tax rate in the second quarter of 2017 to the loss reported in the first quarter of 2017, when compared with the three months ended June 30, 2018. During the six months ended June 30, 2018, the Company recognized income tax expense of $40.3 million on income of $143.8 million, an effective tax rate of 28.0%, as compared to income tax benefit of $5.2 million on income of $29.9 million, an effective tax rate of (17.4)%, for the six months ended June 30, 2017. The higher effective tax rate for the six months ended June 30, 2018 is primarily due to low-taxed appreciation of Konecranes shares, a tax benefit for a non-U.S. interest deduction, and favorable geographic mix of earnings, offset in part by an agreement with a non-US tax authority with respect to certain prior year tax matters in the six months ended June 30, 2017, when compared with the six months ended June 30, 2018. During the fourth quarter of 2017, the Company recorded provisional amounts for the effects of the 2017 Federal Tax Act pursuant to Staff Accounting Bulletin No. 118. In the second quarter of 2018, the Company recorded measurement period adjustments that did not have a material effect on the condensed consolidated financial statements. The Company will continue to update its calculations as additional information is obtained and analyzed, interpretations of law and assumptions are refined, and additional guidance is issued. The Company anticipates finalizing the 2017 provisional amounts in the fourth quarter of 2018.

INCOME TAXES

During the three months ended June 30, 2018, the Company recognized income tax expense of $28.9 million on income of $84.8 million, an effective tax rate of 34.1%, as compared to income tax expense of $23.1 million on income of $118.5 million, an effective tax rate of 19.5%, for the three months ended June 30, 2017. The higher effective tax rate for the three months ended June 30, 2018 is primarily due to low-taxed appreciation of Konecranes Plc, a Finnish public company limited by shares, (“Konecranes”) shares and favorable geographic mix of earnings in the second quarter of 2017, partially offset by tax expense from applying a lower estimated annual effective tax rate in the second quarter of 2017 to the loss reported in the first quarter of 2017, when compared with the three months ended June 30, 2018.

During the six months ended June 30, 2018, the Company recognized income tax expense of $40.3 million on income of $143.8 million, an effective tax rate of 28.0%, as compared to income tax benefit of $5.2 million on income of $29.9 million, an effective tax rate of (17.4)%, for the six months ended June 30, 2017. The higher effective tax rate for the six months ended June 30, 2018 is primarily due to low-taxed appreciation of Konecranes shares, a tax benefit for a non-U.S. interest deduction, and favorable geographic mix of earnings, offset in part by an agreement with a non-US tax authority with respect to certain prior year tax matters in the six months ended June 30, 2017, when compared with the six months ended June 30, 2018.

During the fourth quarter of 2017, the Company recorded provisional amounts for the effects of the 2017 Federal Tax Act pursuant to Staff Accounting Bulletin No. 118. In the second quarter of 2018, the Company recorded measurement period adjustments that did not have a material effect on the condensed consolidated financial statements. The Company will continue to update its calculations as additional information is obtained and analyzed, interpretations of law and assumptions are refined, and additional guidance is issued. The Company anticipates finalizing the 2017 provisional amounts in the fourth quarter of 2018.