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ACQUISITIONS Business Combination (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Business Combination [Table Text Block]
The following table summarizes the purchase price allocation for the Air Liquide Welding acquisition:
Assets acquired and liabilities assumed
 
As of July 31, 2017
Accounts receivable
 
$
89,442

Inventory (1)
 
97,803

Property, plant and equipment (2)
 
73,056

Intangible assets (3)
 
11,715

Accounts payable
 
(65,640
)
Pension liability
 
(67,563
)
Bargain purchase gain
 
(49,650
)
Net other assets and liabilities (4)
 
(27,210
)
Total purchase price, net of cash acquired(5)
 
$
61,953

(1)
Inventories acquired were sold in 2017 resulting in a $4,578 increase in cost of sales for the amortization of step up in the value of acquired inventories. 
(2)
Property, plant and equipment acquired includes a number of manufacturing and distribution sites, including the related facilities, land and leased sites, and machinery and equipment for use in manufacturing operations.
(3)
$7,099 of the intangible asset balance was assigned to a trade name. Of the remaining amount, $1,183 was assigned to a finite-lived trade name (10 year weighted average useful life) and $3,433 was assigned to other intangible assets (9 year weighted average life).     
(4)
Consists primarily of other accrued liabilities.
(5) Reflects a receivable from seller for an agreed upon purchase price adjustment. The payment of $10,983 was received in the first quarter of 2018.