2012 Q3 Form 10-Q Financial Statement
#000110465912073471 Filed on November 02, 2012
Income Statement
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
Revenue | $697.6M | $701.6M |
YoY Change | -0.58% | 35.11% |
Cost Of Revenue | $484.2M | $516.2M |
YoY Change | -6.2% | 37.54% |
Gross Profit | $213.4M | $185.5M |
YoY Change | 15.05% | 28.7% |
Gross Profit Margin | 30.59% | 26.43% |
Selling, General & Admin | $121.6M | $110.6M |
YoY Change | 9.92% | 15.72% |
% of Gross Profit | 56.99% | 59.65% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $16.40M | $15.80M |
YoY Change | 3.8% | 12.86% |
% of Gross Profit | 7.69% | 8.52% |
Operating Expenses | $121.6M | $110.6M |
YoY Change | 9.92% | 15.84% |
Operating Profit | $88.70M | $74.82M |
YoY Change | 18.55% | 53.96% |
Interest Expense | $1.040M | $1.752M |
YoY Change | -40.64% | |
% of Operating Profit | 1.17% | 2.34% |
Other Income/Expense, Net | $2.188M | $1.050M |
YoY Change | 108.38% | 75.0% |
Pretax Income | $90.89M | $75.87M |
YoY Change | 19.79% | 55.48% |
Income Tax | $26.15M | $20.50M |
% Of Pretax Income | 28.77% | 27.02% |
Net Earnings | $64.74M | $55.36M |
YoY Change | 16.94% | 70.33% |
Net Earnings / Revenue | 9.28% | 7.89% |
Basic Earnings Per Share | $0.78 | $0.66 |
Diluted Earnings Per Share | $0.77 | $0.66 |
COMMON SHARES | ||
Basic Shares Outstanding | 82.92M shares | 83.61M shares |
Diluted Shares Outstanding | 83.92M shares | 84.55M shares |
Balance Sheet
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $340.7M | $321.5M |
YoY Change | 5.97% | -15.95% |
Cash & Equivalents | $340.7M | $321.5M |
Short-Term Investments | ||
Other Short-Term Assets | $116.6M | $109.3M |
YoY Change | 6.72% | 6.53% |
Inventory | $390.9M | $421.3M |
Prepaid Expenses | ||
Receivables | $391.4M | $392.6M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.240B | $1.245B |
YoY Change | -0.4% | 11.12% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $479.0M | $476.3M |
YoY Change | 0.57% | 3.59% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $372.9M | $242.0M |
YoY Change | 54.08% | 10.6% |
Total Long-Term Assets | $851.9M | $718.3M |
YoY Change | 18.6% | 5.85% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.240B | $1.245B |
Total Long-Term Assets | $851.9M | $718.3M |
Total Assets | $2.092B | $1.963B |
YoY Change | 6.55% | 9.13% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $186.5M | $203.3M |
YoY Change | -8.24% | 32.44% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $19.00M | $11.10M |
YoY Change | 71.17% | -18.98% |
Long-Term Debt Due | $500.0K | $81.90M |
YoY Change | -99.39% | 6725.0% |
Total Short-Term Liabilities | $492.7M | $549.1M |
YoY Change | -10.27% | 47.49% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.700M | $1.600M |
YoY Change | 6.25% | -98.13% |
Other Long-Term Liabilities | $82.71M | $167.1M |
YoY Change | -50.5% | -14.0% |
Total Long-Term Liabilities | $262.6M | $168.7M |
YoY Change | 55.68% | -39.71% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $492.7M | $549.1M |
Total Long-Term Liabilities | $262.6M | $168.7M |
Total Liabilities | $755.3M | $733.9M |
YoY Change | 2.92% | 9.91% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.637B | |
YoY Change | ||
Common Stock | $207.6M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $302.3M | |
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.320B | $1.229B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.092B | $1.963B |
YoY Change | 6.55% | 9.13% |
Cashflow Statement
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $64.74M | $55.36M |
YoY Change | 16.94% | 70.33% |
Depreciation, Depletion And Amortization | $16.40M | $15.80M |
YoY Change | 3.8% | 12.86% |
Cash From Operating Activities | $82.40M | $84.80M |
YoY Change | -2.83% | 51.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$13.10M | -$21.40M |
YoY Change | -38.79% | 8.63% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$3.400M | -$44.30M |
YoY Change | -92.33% | -5637.5% |
Cash From Investing Activities | -$16.40M | -$65.70M |
YoY Change | -75.04% | 247.62% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -36.20M | -27.40M |
YoY Change | 32.12% | -20.12% |
NET CHANGE | ||
Cash From Operating Activities | 82.40M | 84.80M |
Cash From Investing Activities | -16.40M | -65.70M |
Cash From Financing Activities | -36.20M | -27.40M |
Net Change In Cash | 29.80M | -8.300M |
YoY Change | -459.04% | -396.43% |
FREE CASH FLOW | ||
Cash From Operating Activities | $82.40M | $84.80M |
Capital Expenditures | -$13.10M | -$21.40M |
Free Cash Flow | $95.50M | $106.2M |
YoY Change | -10.08% | 40.29% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2011Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
322626000 | USD |
CY2012Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1113204000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-54141000 | USD |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1217000 | USD |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-684000 | USD |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1901000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1412000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-10104000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-23978000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-12462000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
146860000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
99000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
146761000 | USD | |
CY2012Q3 | us-gaap |
Inventory Net
InventoryNet
|
390948000 | USD |
CY2012Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
479024000 | USD |
CY2012Q3 | us-gaap |
Assets
Assets
|
2091522000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
361101000 | USD |
CY2012Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
492702000 | USD |
CY2012Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
262629000 | USD |
CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1320284000 | USD |
CY2012Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1336191000 | USD |
CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2091522000 | USD |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
386197000 | USD |
CY2011Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
117194000 | USD |
CY2011Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
42103000 | USD |
CY2011Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
213941000 | USD |
CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
373238000 | USD |
CY2011Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
98734000 | USD |
CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1219270000 | USD |
CY2011Q4 | us-gaap |
Land
Land
|
42891000 | USD |
CY2011Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
724801000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1090318000 | USD |
CY2011Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
619867000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
470451000 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
287055000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
1976776000 | USD |
CY2011Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
19922000 | USD |
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
176312000 | USD |
CY2011Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
193312000 | USD |
CY2011Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
81496000 | USD |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
471042000 | USD |
CY2011Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1960000 | USD |
CY2011Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
232175000 | USD |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
98727000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
8539000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
34988000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
75623000 | USD | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-30490000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
3364000 | USD | |
CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
78357000 | USD |
CY2011Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
312492000 | USD |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9858000 | USD |
CY2011Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
179104000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1484393000 | USD |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-247881000 | USD |
CY2011Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
248528000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1176946000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1976776000 | USD |
CY2012Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
7425000 | USD |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
7079000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
243341000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-93161000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-172377000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-20426000 | USD | |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
23000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
47089000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
1316000 | USD | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
4992000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4723000 | USD | |
leco |
Amortization Of Terminated Interest Rate Swaps
AmortizationOfTerminatedInterestRateSwaps
|
-1396000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-3392000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
72287000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
130378000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
50750000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
62340000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1003000 | USD | |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
340675000 | USD |
us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
8736000 | USD | |
us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
8412000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-1604000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
914000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1598000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
7211000 | USD | |
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
2327000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
27630000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
39001000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-59971000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-3053000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-44733000 | USD | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
366193000 | USD |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
321460000 | USD |
CY2012Q3 | leco |
Official Bolivars To Us Dollars Exchange Rate Set By Venezuelan Government For Nonessential Goods After Devaluation
OfficialBolivarsToUSDollarsExchangeRateSetByVenezuelanGovernmentForNonessentialGoodsAfterDevaluation
|
4.3 | VEB |
CY2012Q3 | leco |
Asset Foreign Currency Denominated Value
AssetForeignCurrencyDenominatedValue
|
21898000 | USD |
CY2011Q4 | leco |
Asset Foreign Currency Denominated Value
AssetForeignCurrencyDenominatedValue
|
6826000 | USD |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
82918000 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
998000 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83916000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83233000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1093000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
84326000 | shares | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83613000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83781000 | shares | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
84549000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
84826000 | shares | |
CY2011Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
936000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1045000 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.35 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.32 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.51 | ||
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.17 | |
CY2012Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
461093000 | shares |
CY2011Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
923308000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
46678000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
492166000 | shares | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
5 | item | |
CY2012Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
697552000 | USD |
CY2012Q3 | leco |
Special Items Charge Gain
SpecialItemsChargeGain
|
3059000 | USD |
CY2012Q3 | us-gaap |
Segment Reporting Information Revenue
SegmentReportingInformationRevenue
|
697552000 | USD |
CY2012Q3 | leco |
Income Loss Before Interest And Income Taxes Adjusted
IncomeLossBeforeInterestAndIncomeTaxesAdjusted
|
94072000 | USD |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
1040000 | USD |
CY2011Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
701624000 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
91013000 | USD |
CY2012Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
916000 | USD |
CY2011Q3 | us-gaap |
Segment Reporting Information Revenue
SegmentReportingInformationRevenue
|
701624000 | USD |
CY2011Q3 | leco |
Income Loss Before Interest And Income Taxes Adjusted
IncomeLossBeforeInterestAndIncomeTaxesAdjusted
|
76458000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
76458000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2168719000 | USD | |
us-gaap |
Segment Reporting Information Revenue
SegmentReportingInformationRevenue
|
2168719000 | USD | |
leco |
Income Loss Before Interest And Income Taxes Adjusted
IncomeLossBeforeInterestAndIncomeTaxesAdjusted
|
288353000 | USD | |
leco |
Special Items Charge Gain
SpecialItemsChargeGain
|
5698000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
282655000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2648000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
3338000 | USD | |
us-gaap |
Segment Reporting Information Revenue
SegmentReportingInformationRevenue
|
2000096000 | USD | |
leco |
Income Loss Before Interest And Income Taxes Adjusted
IncomeLossBeforeInterestAndIncomeTaxesAdjusted
|
220787000 | USD | |
leco |
Special Items Charge Gain
SpecialItemsChargeGain
|
282000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
220505000 | USD | |
CY2012Q3 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
30000000 | shares |
leco |
Open Market Treasury Stock Shares Acquired
OpenMarketTreasuryStockSharesAcquired
|
1341984 | shares | |
CY2012Q3 | leco |
Open Market Treasury Stock Shares Acquired
OpenMarketTreasuryStockSharesAcquired
|
481300 | shares |
CY2012Q3 | us-gaap |
Gross Profit
GrossProfit
|
213362000 | USD |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
88701000 | USD |
CY2012Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2188000 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
90889000 | USD |
CY2012Q3 | us-gaap |
Profit Loss
ProfitLoss
|
64736000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
64765000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
653624000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
276376000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5589000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
281965000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
195250000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
195327000 | USD | |
CY2011Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
516172000 | USD |
CY2011Q3 | us-gaap |
Gross Profit
GrossProfit
|
185452000 | USD |
CY2011Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
110629000 | USD |
CY2012Q3 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
3059000 | USD |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
74823000 | USD |
CY2011Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1167000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1488000 | USD |
CY2011Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
147000 | USD |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
1752000 | USD |
dei |
Entity Registrant Name
EntityRegistrantName
|
LINCOLN ELECTRIC HOLDINGS INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000059527 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2011Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1050000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
75873000 | USD |
CY2011Q3 | us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
20515000 | USD |
CY2011Q3 | us-gaap |
Profit Loss
ProfitLoss
|
55358000 | USD |
CY2011Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-172000 | USD |
CY2011Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
55530000 | USD |
CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
159453000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.90 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.88 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.465 | ||
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
21717000 | USD |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
86274000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
25403000 | USD | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
86453000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
220653000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
221042000 | USD | |
CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2011Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.155 | |
CY2012Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
83069386 | shares |
us-gaap |
Profit Loss
ProfitLoss
|
159322000 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2000096000 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1457702000 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
542394000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
327794000 | USD | |
us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
282000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
214318000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2436000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4033000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2154000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
5037000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3586000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
217904000 | USD | |
us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
58582000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-131000 | USD | |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1516000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-3388000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-59045000 | USD |
CY2012Q3 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
3779773 | shares |
CY2012Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-152000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
16928000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
24325000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
-147000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-2755000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2608000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-5000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-4794000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
16928000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
1963000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-59045000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-51448000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
447000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-2246000 | USD |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
8445000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-712000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
11958000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
33848000 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
-148000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-8593000 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-564000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-14009000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
11958000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
1889000 | USD | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.269 | pure | |
CY2012Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
15397000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-23978000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-5307000 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
477000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-6678000 | USD | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
7155000 | USD | |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2693000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
3960000 | USD | |
CY2011Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
255000 | USD |
us-gaap |
Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
|
1399000 | USD | |
CY2012Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2816000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1193242000 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1149478000 | USD |
CY2011Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1245070000 | USD |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
42551000 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
39109000 | USD | |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.77 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
25002000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
15471000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
60155000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
27630000 | USD | |
CY2012Q3 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
75867000 | USD |
CY2011Q4 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
78292000 | USD |
CY2012Q3 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
105685000 | USD |
CY2011Q3 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
85134000 | USD |
CY2012Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
4793000 | USD |
CY2011Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
11312000 | USD |
CY2012Q3 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
3516000 | USD |
CY2011Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
4516000 | USD |
leco |
Product Warranty Services Maximum Period
ProductWarrantyServicesMaximumPeriod
|
P3Y | ||
CY2011Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
15781000 | USD |
CY2010Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
16879000 | USD |
CY2011Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
16029000 | USD |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
7032000 | USD | |
us-gaap |
Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
|
690000 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
7847000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
8283000 | USD | |
us-gaap |
Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
|
52000 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
7243000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
7909000 | USD | |
us-gaap |
Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
|
-184000 | USD | |
CY2012Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
80000000 | USD |
CY2012Q1 | us-gaap |
Debt Instrument Decrease Repayments
DebtInstrumentDecreaseRepayments
|
80000000 | USD |
CY2012Q3 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
300000000 | USD |
us-gaap |
Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
|
As of September 30, 2012, the Company was in compliance with all of its covenants. | ||
CY2012Q3 | us-gaap |
Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
|
2012-07-26 | |
leco |
Line Of Credit Facility Credit Agreement Term
LineOfCreditFacilityCreditAgreementTerm
|
P5Y | ||
CY2012Q3 | leco |
Line Of Credit Facility Additional Capacity Increase Option
LineOfCreditFacilityAdditionalCapacityIncreaseOption
|
100000000 | USD |
CY2009Q4 | leco |
Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedges
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedges
|
-5079000 | USD |
leco |
Gain Loss From Amortization Deferred Gain Loss From Termination Of Interest Rate Hedge
GainLossFromAmortizationDeferredGainLossFromTerminationOfInterestRateHedge
|
328000 | USD | |
leco |
Gain Loss From Amortization Deferred Gain Loss From Termination Of Interest Rate Hedge
GainLossFromAmortizationDeferredGainLossFromTerminationOfInterestRateHedge
|
1243000 | USD | |
CY2012Q3 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
5426000 | USD |
CY2012Q3 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
10368000 | USD |
CY2012Q3 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-7773000 | USD |
CY2012Q3 | us-gaap |
Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
|
223000 | USD |
CY2012Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2435000 | USD |
CY2012Q3 | us-gaap |
Pension Expense
PensionExpense
|
11514000 | USD |
us-gaap |
Pension Expense
PensionExpense
|
34283000 | USD | |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-23316000 | USD | |
us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
31097000 | USD | |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
16275000 | USD | |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
13205000 | USD | |
us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
33067000 | USD | |
us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
43061000 | USD | |
us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-47000 | USD | |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-16392000 | USD | |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
19556000 | USD | |
us-gaap |
Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
|
717000 | USD | |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
6327000 | USD | |
us-gaap |
Pension Expense
PensionExpense
|
26600000 | USD | |
CY2011Q3 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
4544000 | USD |
CY2011Q3 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
11127000 | USD |
CY2011Q3 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
14323000 | USD |
CY2011Q3 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-16000 | USD |
CY2011Q3 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-5444000 | USD |
CY2011Q3 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
6776000 | USD |
CY2011Q3 | us-gaap |
Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
|
241000 | USD |
CY2011Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2137000 | USD |
CY2011Q3 | us-gaap |
Pension Expense
PensionExpense
|
9154000 | USD |
us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
53277000 | USD | |
CY2012Q3 | leco |
Defined Benefit Plan Estimated Employer Contributions In Current Fiscal Year
DefinedBenefitPlanEstimatedEmployerContributionsInCurrentFiscalYear
|
60000000 | USD |
us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
86715000 | USD | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.308 | pure | |
leco |
Tax Adjustments Settlements And Unusual Provisions Including Interest And Penalties
TaxAdjustmentsSettlementsAndUnusualProvisionsIncludingInterestAndPenalties
|
-4844000 | USD | |
CY2012Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
25720000 | USD |
CY2012Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
372867000 | USD |
CY2012Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
9858000 | USD |
CY2012Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
197734000 | USD |
CY2012Q3 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
18988000 | USD |
CY2012Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1680000 | USD |
CY2012Q3 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
178238000 | USD |
CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1637169000 | USD |
CY2012Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
15544000 | USD |
CY2012Q3 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
-5603000 | USD |
leco |
Estimated Impact Of Tax Adjustments Settlements And Unusual Provisions
EstimatedImpactOfTaxAdjustmentsSettlementsAndUnusualProvisions
|
60085000 | USD | |
CY2012Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
634180000 | USD |
leco |
Estimated Interest Expense Assessment On Income Tax Examination
EstimatedInterestExpenseAssessmentOnIncomeTaxExamination
|
16584000 | USD | |
leco |
Maximum Period For Which Derivative Contracts Cover Currency And Commodity Exposures
MaximumPeriodForWhichDerivativeContractsCoverCurrencyAndCommodityExposures
|
P2Y | ||
us-gaap |
Cash Flow Hedge Ineffectiveness Is Immaterial
CashFlowHedgeIneffectivenessIsImmaterial
|
Hedge ineffectiveness was immaterial in the nine months ended September 30, 2012 and 2011. | ||
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
348000 | USD | |
us-gaap |
Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimate Of Time To Transfer1
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimateOfTimeToTransfer1
|
P12M | ||
CY2012Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
2079000 | USD |
CY2012Q3 | leco |
Debt And Capital Lease Obligations Excluding Short Term Borrowings
DebtAndCapitalLeaseObligationsExcludingShortTermBorrowings
|
2186000 | USD |
CY2011Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
84110000 | USD |
CY2011Q4 | leco |
Debt And Capital Lease Obligations Excluding Short Term Borrowings
DebtAndCapitalLeaseObligationsExcludingShortTermBorrowings
|
83456000 | USD |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | |
CY2011Q4 | us-gaap |
Minority Interest
MinorityInterest
|
16296000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-112087000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
1541000 | USD | |
CY2011Q3 | us-gaap |
Assets
Assets
|
1962877000 | USD |
CY2012Q3 | us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
26153000 | USD |
CY2012Q3 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
14688000 | USD |
CY2012Q3 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-23000 | USD |
CY2012Q3 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
8856000 | USD |
us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
44059000 | USD | |
us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-68000 | USD | |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
26561000 | USD | |
leco |
Amortization Of Pension Actuarial Losses And Prior Service Cost
AmortizationOfPensionActuarialLossesAndPriorServiceCost
|
16345000 | USD | |
CY2012Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
484190000 | USD |
CY2012Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
121602000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1515095000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
372931000 | USD | |
us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
4317000 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1566000 | USD |
CY2012Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
746000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-29000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4264000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2015000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-77000 | USD | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
179000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-389000 | USD | |
CY2012Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
391360000 | USD |
CY2012Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
119007000 | USD |
CY2012Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
44302000 | USD |
CY2012Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
227639000 | USD |
CY2012Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
116648000 | USD |
CY2012Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1239631000 | USD |
CY2012Q3 | us-gaap |
Land
Land
|
43690000 | USD |
CY2012Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
338521000 | USD |
CY2012Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
730993000 | USD |
CY2012Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
186545000 | USD |
CY2012Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
286663000 | USD |
CY2012Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
506000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
48220000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
1449000 | USD | |
CY2012Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-222166000 | USD |
CY2012Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
82711000 | USD |
CY2012Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
302311000 | USD |
CY2012Q3 | us-gaap |
Minority Interest
MinorityInterest
|
15907000 | USD |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
357000 | USD | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-288000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6711000 | USD | |
leco |
Amortization Of Terminated Interest Rate Swaps
AmortizationOfTerminatedInterestRateSwaps
|
-430000 | USD | |
leco |
Amortization Of Pension Actuarial Losses And Prior Service Cost
AmortizationOfPensionActuarialLossesAndPriorServiceCost
|
23248000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
82000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-13750000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
6832000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
12180000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-1182000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
85593000 | USD | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-54472000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
52873000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
39307000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
52851000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
538000 | USD | |
us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
2291000 | USD | |
us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
3813000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-1858000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
85535000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
12695000 | USD | |
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
5594000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
60155000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
42510000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
1771000 | USD |