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SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of financial information for the reportable segments
Financial information for the reportable segments follows:
 
Americas Welding
 
International Welding
 
The Harris
Products
Group
 
Corporate /
Eliminations
 
Consolidated
For the Year Ended
   December 31, 2016
 
 
 
 
 
 
 
 
 
Net sales
$
1,494,982

 
$
507,289

 
$
272,343

 
$
—

 
$
2,274,614

Inter-segment sales
93,612

 
15,975

 
8,709

 
(118,296
)
 
$
—

Total
$
1,588,594

 
$
523,264

 
$
281,052

 
$
(118,296
)
 
$
2,274,614

Adjusted EBIT
$
266,633

 
$
29,146

 
$
32,380

 
$
564

 
$
328,723

Special items charge
—

 
—

 
—

 
34,348

 
$
34,348

EBIT
$
266,633

 
$
29,146

 
$
32,380

 
$
(33,784
)
 
$
294,375

Interest income
 
 
 
 
 
 
 
 
2,092

Interest expense
 
 
 
 
 
 
 
 
(19,079
)
Income before income taxes
 
 
 
 
 
 
 
 
$
277,388

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,278,417

 
$
529,223

 
$
161,391

 
$
(25,594
)
 
$
1,943,437

Equity investments in affiliates
3,946

 
23,355

 
—

 
—

 
$
27,301

Capital expenditures
35,314

 
12,354

 
2,209

 
—

 
$
49,877

Depreciation and amortization
47,359

 
15,063

 
2,860

 
(209
)
 
$
65,073

For the Year Ended
   December 31, 2015
 
 
 
 
 
 
 
 
 
Net sales
$
1,741,350

 
$
530,460

 
$
263,981

 
$
—

 
$
2,535,791

Inter-segment sales
92,538

 
18,747

 
9,312

 
(120,597
)
 
$
—

Total
$
1,833,888

 
$
549,207

 
$
273,293

 
$
(120,597
)
 
$
2,535,791

Adjusted EBIT
$
316,689

 
$
34,511

 
$
27,882

 
$
(275
)
 
$
378,807

Special items charge
173,239

 
16,671

 
—

 
—

 
$
189,910

EBIT
$
143,450

 
$
17,840

 
$
27,882

 
$
(275
)
 
$
188,897

Interest income
 
 
 
 
 
 
 
 
2,714

Interest expense
 
 
 
 
 
 
 
 
(21,824
)
Income before income taxes
 
 
 
 
 
 
 
 
$
169,787

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,165,817

 
$
543,254

 
$
143,905

 
$
(68,805
)
 
$
1,784,171

Equity investments in affiliates
3,791

 
23,450

 
—

 
—

 
$
27,241

Capital expenditures
35,721

 
12,059

 
2,727

 
—

 
$
50,507

Depreciation and amortization
45,447

 
15,776

 
2,978

 
(194
)
 
$
64,007

For the Year Ended
   December 31, 2014
 
 
 
 
 
 
 
 
 
Net sales
$
1,837,670

 
$
681,424

 
$
294,230

 
$
—

 
$
2,813,324

Inter-segment sales
110,524

 
21,608

 
8,210

 
(140,342
)
 
$
—

Total
$
1,948,194

 
$
703,032

 
$
302,440

 
$
(140,342
)
 
$
2,813,324

Adjusted EBIT
$
353,255

 
$
48,720

 
$
28,563

 
$
3,802

 
$
434,340

Special items charge
21,647

 
29,539

 
—

 
—

 
$
51,186

EBIT
$
331,608

 
$
19,181

 
$
28,563

 
$
3,802

 
$
383,154

Interest income
 
 
 
 
 
 
 
 
3,093

Interest expense
 
 
 
 
 
 
 
 
(10,434
)
Income before income taxes
 
 
 
 
 
 
 
 
$
375,813

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,214,988

 
$
663,164

 
$
147,990

 
$
(86,927
)
 
$
1,939,215

Equity investments in affiliates
3,579

 
23,902

 
—

 
—

 
$
27,481

Capital expenditures
62,066

 
10,099

 
825

 
—

 
$
72,990

Depreciation and amortization
44,710

 
21,624

 
3,512

 
(239
)
 
$
69,607
Schedule of geographical split of the Company's net sales, based on the location of the customers, and property plant equipment
The geographic split of the Company's Net sales, based on the location of the customer, and property, plant and equipment were as follows:
 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Net sales:
 
 
 
 
 
 
United States
 
$
1,308,635

 
$
1,387,882

 
$
1,417,750

Foreign countries
 
965,979

 
1,147,909

 
1,395,574

Total
 
$
2,274,614

 
$
2,535,791

 
$
2,813,324

 
 
December 31,
 
 
2016
 
2015
 
2014
Property, plant and equipment, net:
 
 
 
 
 
 
United States
 
$
176,041

 
$
173,974

 
$
171,746

Foreign countries
 
196,679

 
237,718

 
267,423

Eliminations
 
(343
)
 
(369
)
 
(423
)
Total
 
$
372,377

 
$
411,323

 
$
438,746