GOODWILL AND INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2018

Acquired Finite-Lived Intangible Assets [Line Items]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

During 2018, the Company acquired intangible assets either individually or as part of a group of assets, with an initial purchase price allocation and weighted-average lives as follows:



	Year Ended December 31, 2018
	Purchase Price Allocation	Weighted Average Life
Acquired intangible assets subject to amortization
Trademarks and trade names	8,786	10
Customer relationships	21,493	10
Other	5,632	9
Total acquired intangible assets subject to amortization	35,911

Changes in the carrying amount of goodwill by reportable segment

The changes in the carrying amount of goodwill by reportable segments for the years ended December 31, 2018 and 2017 were as follows:



	Americas Welding			International Welding			The Harris Products Group			Consolidated
Balance as of December 31, 2016	$	196,378		$	23,664		$	11,877		$	231,919
Additions and adjustments ⁽¹⁾	(76		)	—			(301		)	(377		)
Impairment charges ⁽²⁾	(1,091		)	—			—			(1,091		)
Foreign currency translation	2,048			2,003			80			4,131
Balance as of December 31, 2017	197,259			25,667			11,656			234,582
Additions and adjustments ⁽³⁾	44,408			1,224			6,525			52,157
Foreign currency translation	(2,452		)	(2,643		)	(350		)	(5,445		)
Balance as of December 31, 2018	$	239,215		$	24,248		$	17,831		$	281,294

Schedule of gross and net intangible assets other than goodwill by asset class

Gross carrying values and accumulated amortization of intangible assets other than goodwill by asset class were as follows:



	December 31, 2018				December 31, 2017
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Intangible assets not subject to amortization
Trademarks and trade names	$	23,385			$	24,235
Intangible assets subject to amortization
Trademarks and trade names	$	50,458	$	26,357	$	41,203	$	24,147
Customer relationships	113,837		52,518		93,139		47,175
Patents	26,848		13,307		27,777		12,978
Other	60,373		34,773		57,351		31,953
Total intangible assets subject to amortization	$	251,516	$	126,955	$	219,470	$	116,253