v3.25.3
SEGMENT INFORMATION - Financial Information of Reportable Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Financial information for the reportable segments          
Number of operating segments | segment     3    
Net sales $ 1,061,227 $ 983,759 $ 3,154,288 $ 2,986,639  
Cost of goods sold 671,916 631,681 1,993,982 1,882,349  
Total assets 3,815,105   3,815,105   $ 3,520,142
Capital expenditures (31,637) (35,721) (84,028) (85,117)  
Depreciation and amortization 24,744 22,645 72,990 65,095  
Rationalization and asset impairment net charges 5,831 20,227 12,238 51,322  
Acquisition costs 452 610 1,683 4,551  
Operating Segments          
Financial information for the reportable segments          
Addback: Special items charge (7,453) (27,552) (13,720) (63,607)  
Segment Adjusted EBIT 185,514 167,575 557,402 538,613  
Total assets 4,133,392 3,969,622 4,133,392 3,969,622 $ 3,813,383
Capital expenditures (31,637) (35,721) (84,028) (85,117)  
Depreciation and amortization 25,871 22,840 75,248 65,684  
Inter-segment          
Financial information for the reportable segments          
Net sales (43,329) (41,371) (140,659) (132,772)  
Aggregation before other operating segment          
Financial information for the reportable segments          
Net sales 1,061,227 983,759 3,154,288 2,986,639  
Aggregation before other operating segment | Operating Segments          
Financial information for the reportable segments          
Net sales 1,104,556 1,025,130 3,294,947 3,119,411  
Aggregation before other operating segment | Inter-segment          
Financial information for the reportable segments          
Net sales 43,329 41,371 140,659 132,772  
Americas Welding          
Financial information for the reportable segments          
Net sales 691,794 637,026 2,041,631 1,910,061  
Rationalization and asset impairment net charges 4,150 16,282 7,190 16,521  
Pension settlement net charges   3,966   3,966  
Business combination, inventory step up   3,109   3,224  
Americas Welding | Operating Segments          
Financial information for the reportable segments          
Net sales 721,852 667,871 2,145,452 2,008,685  
Cost of goods sold 438,400 410,715 1,305,298 1,210,212  
Other segment expenses 156,212 154,998 453,841 423,919  
Addback: Special items charge (4,375) (23,357) (7,415) (23,711)  
Segment Adjusted EBIT 131,615 125,515 393,728 398,265  
Total assets 2,454,340 2,520,357 2,454,340 2,520,357  
Capital expenditures (27,038) (28,748) (68,776) (68,879)  
Depreciation and amortization 17,176 14,751 50,429 42,095  
Americas Welding | Inter-segment          
Financial information for the reportable segments          
Net sales 30,058 30,845 103,821 98,624  
International Welding          
Financial information for the reportable segments          
Net sales 219,629 216,224 671,514 690,743  
Rationalization and asset impairment net charges 1,365 2,676 4,468 32,030  
Business combination, inventory step up 1,397 250 1,257 250  
Gain (loss) on disposition of assets       4,950  
International Welding | Operating Segments          
Financial information for the reportable segments          
Net sales 229,459 223,595 695,817 715,371  
Cost of goods sold 164,747 164,274 498,475 517,219  
Other segment expenses 41,653 42,146 123,684 161,795  
Addback: Special items charge (2,762) (2,926) (5,725) (37,230)  
Segment Adjusted EBIT 25,821 20,101 79,383 73,587  
Total assets 1,240,393 1,087,973 1,240,393 1,087,973  
Capital expenditures (3,697) (6,208) (11,911) (13,500)  
Depreciation and amortization 6,119 5,551 16,982 16,061  
International Welding | Inter-segment          
Financial information for the reportable segments          
Net sales 9,830 7,371 24,303 24,628  
The Harris Products Group          
Financial information for the reportable segments          
Net sales 149,804 130,509 441,143 385,835  
Rationalization and asset impairment net charges 316 1,269 580 2,666  
The Harris Products Group | Operating Segments          
Financial information for the reportable segments          
Net sales 153,245 133,664 453,678 395,355  
Cost of goods sold 111,126 98,093 327,074 285,936  
Other segment expenses 14,357 14,881 42,893 45,324  
Addback: Special items charge (316) (1,269) (580) (2,666)  
Segment Adjusted EBIT 28,078 21,959 84,291 66,761  
Total assets 438,659 361,292 438,659 361,292  
Capital expenditures (902) (765) (3,340) (2,738)  
Depreciation and amortization 2,576 2,538 7,837 7,528  
The Harris Products Group | Inter-segment          
Financial information for the reportable segments          
Net sales $ 3,441 $ 3,155 $ 12,535 $ 9,520