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Selected Quarterly Data - (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2015
Selected Quarterly Financial Information [Abstract] |
Schedule of Quarterly Financial Information [Table Text Block] | Provided below is selected unaudited quarterly financial data for the years ended December 31, 2015 and 2014.
|  | Quarter Ended
|  | March 27, 2015 |  | June 26, 2015 |  | September 25, 2015 |  | December 31, 2015(3)
|  | (In thousands, except per share data)
Net sales |  | $ | 911,070 |  |  | $ | 1,025,375 |  |  | $ | 969,144 |  |  | $ | 1,061,464 |
Gross profit |  | 294,438 |  |  | 328,037 |  |  | 295,874 |  |  | 333,425 |
Net income |  | 56,275 |  |  | 58,829 |  |  | 23,545 |  |  | 48,529 |
Net income attributable to Colfax Corporation common shareholders |  | 52,056 |  |  | 53,127 |  |  | 18,359 |  |  | 44,197 |
Net income per share – basic |  | $ | 0.42 |  |  | $ | 0.43 |  |  | $ | 0.15 |  |  | $ | 0.36 |
Net income per share – diluted |  | $ | 0.42 |  |  | $ | 0.42 |  |  | $ | 0.15 |  |  | $ | 0.36 |
|  | Quarter Ended
|  | March 28, 2014(1) |  | June 27, 2014(2) |  | September 26, 2014 |  | December 31, 2014(3)
|  | (In thousands, except per share data)
Net sales |  | $ | 1,054,331 |  |  | $ | 1,199,336 |  |  | $ | 1,164,453 |  |  | $ | 1,206,356 |
Gross profit |  | 325,632 |  |  | 388,171 |  |  | 373,195 |  |  | 391,847 |
Net income |  | 54,837 |  |  | 198,344 |  |  | 81,303 |  |  | 85,789 |
Net income attributable to Colfax Corporation common shareholders |  | 24,877 |  |  | 191,785 |  |  | 73,389 |  |  | 80,134 |
Net income per share – basic |  | $ | 0.22 |  |  | $ | 1.55 |  |  | $ | 0.59 |  |  | $ | 0.65 |
Net income per share – diluted |  | $ | 0.22 |  |  | $ | 1.53 |  |  | $ | 0.59 |  |  | $ | 0.64 |
(1) On February 12, 2014 the Company entered into a Conversion Agreement with the BDT Investor. As consideration for the BDT Investor’s agreement to exercise its optional conversion right, the Company paid approximately $23.4 million to the BDT Investor, of which $19.6 million represents the Preferred stock conversion inducement payment. See Note 11, “Equity” for additional information regarding the Preferred stock conversion inducement payment. (2) Net income and Net income per share for the three months ended June 27, 2014 includes the benefit of deferred tax assets as a result of the effect of the Victor Acquisition on expected future income. This reassessment resulted in a decrease in the Company’s valuation allowance against U.S. deferred tax assets. The reduction in the valuation allowance created a non-cash income tax benefit for the three months ended June 27, 2014 of $113.1 million. (3) Net income and Net income per share for the three months ended December 31, 2015 and 2014, was favorably impacted by the enactment of the U.S. tax extenders packages related to the exemption from taxation of certain foreign income in the United States.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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