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RATIONALIZATION AND ASSET IMPAIRMENTS (Tables)
 9 Months Ended
Sep. 30, 2015
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following tables summarize the activity related to the rationalization liabilities by segment for the nine months ended September 30, 2015:
 
North
America
Welding
 
Europe
Welding
 
Asia Pacific
Welding
 
Consolidated
Balance, December 31, 2014
$
—

 
$
305

 
$
—

 
$
305

Payments and other adjustments
—

 
(1,647
)
 
(688
)
 
(2,335
)
Charged to expense
3,341

 
1,507

 
8,586

 
13,434

Balance, September 30, 2015
$
3,341

 
$
165

 
$
7,898

 
$
11,404