Enovis (ENOV) 10-Q 24 Oct 13 2013 Q3 Quarterly report Financial data

DOCUMENT_AND_ENTITY_INFORMATIO

DOCUMENT AND ENTITY INFORMATION	9 Months Ended
	Sep. 27, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	Colfax CORP
Entity Central Index Key	1420800
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Trading Symbol	cfx
Entity Common Stock, Shares Outstanding	101,903,479
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	27-Sep-13
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2013

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Income Statement [Abstract]
Net sales	$1,014,570	$954,440	$3,035,831	$2,886,459
Cost of sales	694,276	666,453	2,086,990	2,041,904
Gross profit	320,294	287,987	948,841	844,555
Selling, general and administrative expense	208,132	217,143	641,835	661,191
Charter acquisition-related expense	0	0	0	43,617
Restructuring and other related charges	8,737	15,865	17,428	43,066
Asbestos coverage litigation expense	627	3,313	2,801	8,840
Operating income	102,798	51,666	286,777	87,841
Interest expense	17,536	23,557	58,879	68,280
Income before income taxes	85,262	28,109	227,898	19,561
Provision for income taxes	19,787	13,610	62,948	86,891
Net income (loss)	65,475	14,499	164,950	-67,330
Less: income attributable to noncontrolling interest, net of taxes	10,000	5,405	23,448	16,808
Net income (loss) attributable to Colfax Corporation	55,475	9,094	141,502	-84,138
Dividends on preferred stock	5,086	5,072	15,254	13,879
Net income (loss) available to Colfax Corporation common shareholders	$50,389	$4,022	$126,248	($98,017)
Net income (loss) per share- basic	$0.49	$0.04	$1.25	($1.09)
Net income (loss) per share- diluted	$0.48	$0.04	$1.23	($1.09)

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Statement of Other Comprehensive Income [Abstract]
Net income (loss)	$65,475	$14,499	$164,950	($67,330)
Other comprehensive income (loss):
Foreign currency translation, net of tax of $(179), $(555), $(803), $(495)	120,961	59,474	-52,992	81,804
Unrealized (loss) gain on hedging activities, net of tax of $808, $538, $165 and $346	-8,001	1,211	-4,576	-748
Amounts reclassified from Accumulated other comprehensive loss:
Realized gain on hedging activities, net of tax of $0, $0, $0 and $0	0	0	0	471
Net pension and other postretirement benefit cost, net of tax of $183, $53, $537 and $162	2,583	2,074	7,740	6,232
Other comprehensive income (loss)	115,543	62,759	-49,828	87,759
Comprehensive income	181,018	77,258	115,122	20,429
Less: comprehensive income attributable to noncontrolling interest	6,645	2,198	7,595	12,271
Comprehensive income attributable to Colfax Corporation	$174,373	$75,060	$107,527	$8,158

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Parenthetical] (USD $)	3 Months Ended			9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013		Sep. 28, 2012	Sep. 27, 2013		Sep. 28, 2012
Statement of Other Comprehensive Income [Abstract]
Foreign currency translation, tax	($179)		($555)	($803)		($495)
Unrealized (loss) gain on hedging activities, tax	808		538	165		346
Realized gain on hedging activities, tax	0		0	0		0
Net pension and other postretirement benefit cost, tax	$183	[1]	$53	$537	[1]	$162
[1]	Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
ASSETS
Cash and cash equivalents	$639,255	$482,449
Trade receivables, less allowance for doubtful accounts of $18,434 and $16,464	974,725	873,382
Inventories, net	453,201	493,649
Other current assets	299,749	282,266
Total current assets	2,366,930	2,131,746
Property, plant and equipment, net	678,173	688,570
Goodwill	2,081,725	2,098,836
Intangible assets, net	741,997	779,049
Other assets	465,063	450,086
Total assets	6,333,888	6,148,287
LIABILITIES AND EQUITY
Current portion of long-term debt	131,657	34,799
Accounts payable	739,225	699,626
Accrued liabilities	450,113	447,220
Total current liabilities	1,320,995	1,181,645
Long-term debt, less current portion	1,389,475	1,693,512
Other liabilities	1,053,388	1,116,844
Total liabilities	3,763,858	3,992,001
Equity:
Preferred stock, $0.001 par value; 20,000,000 shares authorized; 13,877,552 issued and outstanding	14	14
Common stock, $0.001 par value; 400,000,000 shares authorized; 101,903,479 and 94,067,418 issued and outstanding	102	94
Additional paid-in capital	2,536,527	2,197,694
Accumulated deficit	-12,608	-138,856
Accumulated other comprehensive loss	-180,950	-146,594
Total Colfax Corporation equity	2,343,085	1,912,352
Noncontrolling interest	226,945	243,934
Total equity	2,570,030	2,156,286
Total liabilities and equity	$6,333,888	$6,148,287

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Trade receivables, allowance for doubtful accounts (in dollars)	$18,434	$16,464
Preferred Stock, par value (in dollars per share)	$0.00	$0.00
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	13,877,552	13,877,552
Preferred Stock, Shares Outstanding	13,877,552	13,877,552
Common Stock, par value (in dollars per share)	$0.00	$0.00
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares, Issued	101,903,479	94,067,418
Common Stock, Shares, Outstanding	101,903,479	94,067,418

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (USD $)	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]
In Thousands, except Share data
Balance at Dec. 31, 2012	$2,156,286	$94	$14	$2,197,694	($138,856)	($146,594)	$243,934
Shares, Outstanding at Dec. 31, 2012		94,067,418	13,877,552
Net Income Attributable to Parent	141,502				141,502
Net Income Attributable to Noncontrolling Interest	23,448
Net Income (loss)	164,950
Distributions to noncontrolling owners	-9,097	0	0	0	0	0	-9,097
Acquisition of shares held by noncontrolling interest	-14,913	0	0	955	0	-381	-15,487
Preferred stock dividend	-15,254	0	0	0	-15,254	0	0
Other comprehensive loss	-49,828	0	0	0	0	-33,975	-15,853
Common stock issuances, net of costs of $12.0 million	319,898	8	0	319,890	0	0	0
Stock Issued During Period, Shares, New Issues	7,500,000	7,500,000	0
Common stock-based award activity	13,111	0	0	13,111	0	0	0
Common stock-based award activity (in shares)		247,861	0
Contribution to defined benefit pension plan	4,877	0	0	4,877	0	0	0
Contribution to defined benefit pension plan (in shares)	88,200	88,200	0
Balance at Sep. 27, 2013	$2,570,030	$102	$14	$2,536,527	($12,608)	($180,950)	$226,945
Shares, Outstanding at Sep. 27, 2013		101,903,479	13,877,552

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENT OF EQUITY Statement of Stockholders' Equity [Parenthetical] (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013
Statement of Stockholders' Equity [Parenthetical] [Abstract]
Equity Issuance Costs	$12

CONDENSED_CONSOLIDATED_STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012
Statement of Cash Flows [Abstract]
Net income (loss)	$164,950	($67,330)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, amortization and fixed asset impairment charges	101,648	151,278
Stock-based compensation expense	9,788	6,429
Deferred income tax provision	4,780	40,176
Changes in operating assets and liabilities, net of acquisitions:
Trade receivables, net	-114,731	-70,304
Inventories, net	22,492	-27,627
Accounts payable	46,841	-12,026
Changes in other operating assets and liabilities	-48,923	-11,258
Net cash provided by operating activities	186,845	9,338
Cash flows from investing activities:
Purchases of fixed assets, net	-50,915	-58,635
Acquisitions, net of cash received	-13,722	-1,691,982
Net cash used in investing activities	-64,637	-1,750,617
Cash flows from financing activities:
Borrowings under term credit facility	50,861	1,731,523
Payments under term credit facility	-274,695	-521,099
Proceeds from borrowings on revolving credit facilities	182,688	13,149
Repayments of borrowings on revolving credit facilities	-192,393	-52,637
Payments of Debt Issuance Costs	-2,556	-9,795
Proceeds from issuance of common stock, net	323,289	755,113
Proceeds from issuance of preferred stock, net	0	332,969
Acquisition of shares held by noncontrolling interest	-14,913	-29,291
Distributions to noncontrolling owners	-9,097	-8,216
Contingent payment on acquisition	-3,500	0
Payments of dividend on preferred stock	-15,310	-12,374
Net cash provided by financing activities	44,374	2,199,342
Effect of foreign exchange rates on Cash and cash equivalents	-9,776	-15,828
Increase in Cash and cash equivalents	156,806	442,235
Cash and cash equivalents, beginning of period	482,449	75,108
Cash and cash equivalents, end of period	$639,255	$517,343

General

General	9 Months Ended
	Sep. 27, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	General
	Colfax Corporation (the “Company” or “Colfax”) is a diversified global industrial manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to customers around the world under the Howden, ESAB and Colfax Fluid Handling brand names.
	The Condensed Consolidated Financial Statements included in this quarterly report have been prepared by the Company in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements.
	The Condensed Consolidated Balance Sheet as of December 31, 2012 is derived from the Company’s audited financial statements. During the three months ended March 29, 2013, adjustments were made retrospectively to provisional amounts recorded as of December 31, 2012, due to the finalization of the valuation of specific tax items related to the acquisition of Charter International plc (“Charter”) by Colfax (the “Charter Acquisition”). See Note 3, “Acquisitions” for additional information regarding these adjustments. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the SEC’s rules and regulations for interim financial statements. The Condensed Consolidated Financial Statements included herein should be read in conjunction with the audited financial statements and related footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 (the “2012 Form 10-K”), filed with the SEC on February 19, 2013.
	The Condensed Consolidated Financial Statements reflect, in the opinion of management, all adjustments, which, except as described above, consist solely of normal recurring adjustments, necessary to present fairly the Company’s financial position and results of operations as of and for the periods indicated. Significant intercompany transactions and accounts are eliminated in consolidation.
	The Company makes certain estimates and assumptions in preparing its Condensed Consolidated Financial Statements in accordance with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses for the periods presented. Actual results may differ from those estimates.
	During the three months ended March 29, 2013, Venezuela devalued its currency to an official rate of 6.3 bolivar fuerte (“bolivar”) to the U.S. dollar, representing an approximate 32% devaluation of its currency relative to the U.S. dollar. The Company currently considers Venezuela a highly inflationary currency under GAAP. Therefore, financial statements of the Company’s Venezuelan operation have been remeasured into its parent’s reporting currency, the Colombian peso. Exchange gains and losses from the re-measurement of monetary assets and liabilities are reflected in current earnings. Future impacts to earnings of applying highly inflationary accounting for Venezuela on the Company’s Consolidated Financial Statements will be dependent upon movements in the applicable exchange rates between the bolivar and the Colombian peso and the amount of monetary assets and liabilities included in the Company’s Venezuelan operation’s balance sheet. As of and for the nine months ended September 27, 2013, the Company’s Venezuelan operation represented less than 1% of the Company’s Total assets and Net sales. The bolivar-denominated monetary net asset position, primarily related to Cash and cash equivalents, was $5.7 million in the Condensed Consolidated Balance Sheet as of September 27, 2013. The devaluation of the bolivar and the change to the Colombian peso as the functional currency resulted in a foreign currency transaction loss of $2.9 million recognized in Selling, general and administrative expense for the three months ended March 29, 2013.
	The results of operations for the three and nine months ended September 27, 2013 are not necessarily indicative of the results of operations that may be achieved for the full year. Quarterly results are affected by seasonal variations in the Company’s gas- and fluid-handling business. As our gas- and fluid-handling customers seek to fully utilize capital spending budgets before the end of the year, historically our shipments have peaked during the fourth quarter. Also, all of our European operations typically experience a slowdown during the July and August holiday season. General economic conditions may, however, impact future seasonal variations.

Recently_Issued_Accounting_Pro

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 27, 2013
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements
	In March 2013, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2013-05, “Foreign Currency Matters (Topic 830)” (“ASU No. 2013-05”). ASU No. 2013-05 is intended to clarify the parent’s accounting for the cumulative translation adjustment upon the sale or transfer of a group of assets within a consolidated foreign entity. When a parent ceases to have a controlling financial interest in a subsidiary or group of assets within a foreign entity, the parent is required to release any related cumulative translation adjustment into Net income. ASU No. 2013-05 further clarifies that the cumulative translation adjustment should be released into Net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. ASU No. 2013-05 also clarifies application of this guidance to step acquisitions. ASU No. 2013-05 is effective prospectively for fiscal years beginning after December 15, 2013, with early adoption permitted. The Company will apply the provisions of ASU No. 2013-05 to future sales or transfers of assets of a consolidated foreign entity.
	In July 2013, the Financial Accounting Standards Board issued ASU No. 2013-11, “Income Taxes (Topic 740)” (“ASU No. 2013-11”). ASU No. 2013-11 is intended to clarify the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except in certain circumstances. To the extent a carryforward is not available at the reporting date or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability. ASU No. 2013-11 is effective prospectively to all unrecognized tax benefits that exist at the effective date for fiscal years beginning after December 15, 2013, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU No. 2013-11 on the Company’s Consolidated Balance Sheet.

Acquisition

Acquisition	9 Months Ended
	Sep. 27, 2013
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions
	Charter International plc
	On January 13, 2012, Colfax completed the acquisition of Charter for a total purchase price of approximately $2.6 billion, comprised of $1.9 billion of cash consideration and $0.7 billion fair value of common stock on the date of acquisition. Charter is a global industrial manufacturing company focused on welding, cutting and automation and air and gas handling.
	The Charter Acquisition was accounted for using the acquisition method of accounting. The measurement period was completed during the three months ended March 29, 2013. During the measurement period, the Company retrospectively adjusted provisional amounts with respect to the Charter Acquisition that were recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. The aggregate adjustments for the three months ended March 29, 2013 of $23.5 million increased the Goodwill balance and relate to the Company’s valuation of specific tax items.
	Other
	Gas and Fluid Handling
	On August 1, 2013, the Company entered into an irrevocable commitment to purchase the global infrastructure and industry division of Fläkt Woods Group (“GII”) for approximately €193 million, including the assumption of debt, subject to certain adjustments. GII has operations around the world and will expand the Company’s product offerings in the industrial fan market. The acquisition of GII is subject to certain regulatory and other approvals and is currently expected to close in the fourth quarter of 2013.
	On July 9, 2013, the Company completed the acquisition of the common stock of Clarus Fluid Intelligence (“Clarus”) for $14.3 million, which includes the fair value of an estimated additional contingent cash payment of $3.6 million at the acquisition date. The additional contingent payment will be paid during the year ending December 31, 2016 subject to the achievement of certain performance goals. See Note 11, “Financial Instruments and Fair Value Measurements” for discussion regarding the Company’s liability for contingent payments. Clarus is a domestic supplier of flushing services for marine applications primarily to U.S. government agencies, with primary operations based in Bellingham, Washington.
	Fabrication Technology
	On August 5, 2013, the Company completed a $14.9 million acquisition of common and investment shares of Soldex S.A. (“Soldex”), a publicly traded, less than wholly owned subsidiary in which the Company acquired a controlling interest during the year ended December 31, 2012. This resulted in an increase in the Company’s ownership of the subsidiary from approximately 91% to 99%.

Net_Income_Loss_Per_Share

Net Income (Loss) Per Share	9 Months Ended
	Sep. 27, 2013
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Net Income (Loss) Per Share
	Net income (loss) per share available to Colfax Corporation common shareholders was computed as follows:
		Three Months Ended					Nine Months Ended
		27-Sep-13		28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands, except share data)
	Computation of Net income (loss) per share - basic:
	Net income (loss) available to Colfax Corporation common shareholders	$	50,389	$	4,022		$	126,248		$	(98,017	)
	Less: net income attributable to participating securities(1)	—		(517		)	(3,740		)	—
		$	50,389	$	3,505		$	122,508		$	(98,017	)
	Weighted-average shares of Common stock outstanding-basic	101,977,511		94,040,440			98,185,166			90,003,515
	Net income (loss) per share - basic	$	0.49	$	0.04		$	1.25		$	(1.09	)
	Computation of Net income (loss) per share - diluted:
	Net income (loss) available to Colfax Corporation common shareholders	$	50,389	$	4,022		$	126,248		$	(98,017	)
	Less: net income attributable to participating securities(1)(2)	—		(517		)	(3,740		)	—
	Add: dividends on preferred stock(2)	5,086		—			—			—
		$	55,475	$	3,505		$	122,508		$	(98,017	)
	Weighted-average shares of Common stock outstanding-basic	101,977,511		94,040,440			98,185,166			90,003,515
	Net effect of potentially dilutive securities - stock options and restricted stock units	1,233,867		751,488			1,096,504			—
	Net effect of potentially dilutive securities - convertible preferred stock(2)	12,173,291		—			—			—
	Weighted-average shares of Common stock outstanding-diluted	115,384,669		94,791,928			99,281,670			90,003,515
	Net income (loss) per share - diluted	$	0.48	$	0.04		$	1.23		$	(1.09	)
	(1) Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.
	(2) For periods subsequent to April 23, 2013, Net income per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the nine months ended September 27, 2013, the calculation under this method was anti-dilutive.
	On April 23, 2013, the Company and BDT CF Acquisition Vehicle, LLC amended the Certificate of Designations of Series A Perpetual Convertible Preferred Stock of Colfax Corporation to eliminate the right of the Series A Convertible Preferred Stock to share proportionately in any dividends or distributions made in respect of the Company’s Common stock. BDT CF Acquisition Vehicle, LLC is the sole holder of all issued and outstanding shares of the Company’s Series A Convertible Preferred Stock. For periods prior to April 23, 2013, Net income available to Colfax Corporation common shareholders was allocated to participating securities, while any losses for those periods were not allocated to the participating securities. Effective April 23, 2013, the Company’s Series A Convertible Preferred Stock is no longer considered a participating security. For periods subsequent to April 23, 2013, the Company’s Net income per share - dilutive is computed using the “if-converted” method. Under the “if-converted” method, Net income per share - dilutive is calculated under the assumption that the shares of Series A Convertible Preferred Stock have been converted into shares of Common stock as of the beginning of the respective period. For the nine months ended September 27, 2013, the weighted-average computation of the dilutive effect of potentially issuable shares of Common stock excludes 12.2 million shares assuming that the shares of Series A Convertible Preferred Stock have been converted, as inclusion of such shares would be anti-dilutive.
	The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the three months ended September 27, 2013 and September 28, 2012 excludes approximately 0.6 million and 1.4 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive. The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the nine months ended September 27, 2013 and September 28, 2012 excludes approximately 0.7 million and 2.8 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 27, 2013
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Income Taxes
	During the three months ended September 27, 2013, Income before income taxes was $85.3 million and the Provision for income taxes was $19.8 million. The effective tax rate of 23.2% for the three months ended September 27, 2013 differs from the U.S. federal statutory rate primarily due to international tax rates, which are lower than the U.S. tax rate, and a discrete credit to income tax expense of $5.1 million from a reduction to deferred tax balances in certain territories associated with the enactment of lower corporate tax rates, which were offset in part by losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2013.
	During the nine months ended September 27, 2013, Income before income taxes was $227.9 million and the Provision for income taxes was $62.9 million. The effective tax rate of 27.6% for the nine months ended September 27, 2013 differs from the U.S. federal statutory rate primarily due to international tax rates, which are lower than the U.S. tax rate, a discrete credit to income tax expense of $5.1 million from a reduction to deferred tax balances in certain territories associated with the enactment of lower corporate tax rates and the resolution of a liability for unrecognized tax benefits, which resulted in a gain of $2.3 million, all of which were offset in part by other discrete tax items and losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2013.
	During the three months ended September 28, 2012, Income before income taxes was $28.1 million and the Provision for income taxes was $13.6 million. The Provision for income taxes for the three months ended September 28, 2012 was significantly impacted by increased corporate overhead and Interest expense related to the combined organization reflected in the Condensed Consolidated Statement of Operations, which were incurred in jurisdictions where no tax benefit can be recognized. These items were partially offset by a discrete credit to income tax expense of $2.9 million from a reduction to deferred tax balances in the United Kingdom associated with the enactment of lower corporate tax rates.
	During the nine months ended September 28, 2012, Income before income taxes was $19.6 million and the Provision for income taxes was $86.9 million, which was impacted by two significant items. Upon completion of the Charter Acquisition, certain deferred tax assets existing at that date were reassessed in light of the impact of the acquired businesses on expected future income or loss by country and future tax planning, including the impact of the post-acquisition capital structure. This assessment resulted in an increase in the Company’s valuation allowance to provide full valuation allowances against U.S. deferred tax assets. The increased valuation allowances resulted in an increase to the Provision for income taxes for the nine months ended September 28, 2012 of $50.3 million. In addition, $43.6 million of Charter acquisition-related expense and increased corporate overhead and Interest expense reflected in the Condensed Consolidated Statement of Operations are either non-deductible or were incurred in jurisdictions where no tax benefit can be recognized. These two items are the principal cause of tax provision rather than the tax benefit which would result from the application of the U.S. federal statutory rate to the reported net loss.

Equity

Equity	9 Months Ended
	Sep. 27, 2013
Equity [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	Equity
	Common Stock
	On May 13, 2013, the Company sold 7,500,000 shares of newly issued Colfax Common stock to underwriters for public resale pursuant to a shelf registration statement for an aggregate purchase price of $331.9 million. In conjunction with this issuance, the Company recognized $12.0 million in equity issuance costs which were recorded as a reduction to Additional paid-in capital during the nine months ended September 27, 2013.
	On September 12, 2013, the Company contributed 88,200 shares of newly issued Colfax Common stock to its U.S. defined benefit pension plan.
	Accumulated Other Comprehensive Loss
	The following table presents the changes in the balances of each component of Accumulated other comprehensive loss including current period reclassifications out of Accumulated other comprehensive loss for the nine months ended September 27, 2013. All amounts are net of tax and noncontrolling interest.
		Accumulated Other Comprehensive Loss Components
		Net Unrecognized Pension And Other Post-Retirement Benefit Cost			Foreign Currency Translation Adjustment			Unrealized (Loss) Gain On Hedging Activities			Total
		(In thousands)
	Beginning balance	$	(247,332	)	$	104,718		$	(3,980	)	$	(146,594	)
	Acquisition of shares held by noncontrolling interest	—			(381		)	—			(381		)
	Other comprehensive loss before reclassifications:
	Foreign currency translation adjustment	—			(42,706		)	—			(42,706		)
	Gain on long-term intra-entity foreign currency transactions	—			5,546			—			5,546
	Loss on net investment hedges	—			—			(6,299		)	(6,299		)
	Unrealized gain on cash flow hedges	—			—			1,744			1,744
	Other comprehensive loss before reclassifications	—			(37,160		)	(4,555		)	(41,715		)
	Amounts reclassified from Accumulated other comprehensive loss	7,740			—			—			7,740
	Net current period other comprehensive income (loss)	7,740			(37,160		)	(4,555		)	(33,975		)
	Ending balance	$	(239,592	)	$	67,177		$	(8,535	)	$	(180,950	)
	The effect on Net income (loss) of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and nine months ended September 27, 2013 is as follows:
		Three Months Ended September 27, 2013									Nine Months Ended September 27, 2013
		Amounts Reclassified From Accumulated Other Comprehensive Loss			Tax Benefit			Total			Amounts Reclassified From Accumulated Other Comprehensive Loss			Tax Benefit			Total
		(In thousands)
	Pension and other post-retirement benefit cost:
	Amortization of net loss (1)	$	2,704		$	(183	)	$	2,521		$	8,091		$	(537	)	$	7,554
	Amortization of prior service cost(1)	62			—			62			186			—			186
		$	2,766		$	(183	)	$	2,583		$	8,277		$	(537	)	$	7,740
	(1) Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details.
	During the nine months ended September 27, 2013, Noncontrolling interest decreased by $15.9 million as a result of Other comprehensive loss, primarily due to currency translation adjustment.

Inventories_Net

Inventories, Net	9 Months Ended
	Sep. 27, 2013
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Inventories, Net
	Inventories, net consisted of the following:
		27-Sep-13			31-Dec-12
		(In thousands)
	Raw materials	$	134,311		$	154,771
	Work in process	96,772			99,459
	Finished goods	238,054			263,211
		469,137			517,441
	Less: customer progress billings	(5,520		)	(14,571		)
	Less: allowance for excess, slow-moving and obsolete inventory	(10,416		)	(9,221		)
	Inventories, net	$	453,201		$	493,649

Debt

Debt	9 Months Ended
	Sep. 27, 2013
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt
	Long-term debt consisted of the following:
		27-Sep-13			31-Dec-12
		(In thousands)
	Term loans	$	1,484,704		$	1,682,177
	Revolving credit facilities and other	36,428			46,134
	Total Debt	1,521,132			1,728,311
	Less: current portion	(131,657		)	(34,799		)
	Long-term debt	$	1,389,475		$	1,693,512
	On February 22, 2013, the Company entered into the Second Amendment to its credit agreement (the “Deutsche Bank Credit Agreement”), by and among the Company, Colfax UK Holdings Ltd, the other subsidiaries of the Company party thereto, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent (the “Second Amendment”). Pursuant to the Second Amendment, the Company amended its credit agreement to, among other things, (i) reallocate the borrowing capacities of the tranches of loans as follows: a $408.7 million term A-1 facility, a $380 million term A-2 facility, a €157.6 million term A-3 facility, a €105.3 million term A-4 facility, a $400 million term B facility and two revolving credit subfacilities which total $500 million in commitments, (ii) provide for an interest rate margin on the term A-1 facility, the term A-2 facility and the revolving credit subfacilities ranging from 0.75% to 1.50% per annum for base rate loans and 1.75% to 2.50% per annum for Eurocurrency rate loans, in each case, determined by the Company’s leverage ratio, (iii) provide for an interest rate margin on the term A-3 facility and the term A-4 facility ranging from 1.50% to 2.25% per annum for base rate loans and 2.50% to 3.25% per annum for Eurocurrency rate loans, in each case, determined by the Company’s leverage ratio and (iv) provide for an interest rate margin on the term B facility of 1.50% per annum for base rate loans and 2.50% per annum for Eurocurrency rate loans. In conjunction with the Second Amendment, the Company recorded a charge to Interest expense in the Condensed Consolidated Statement of Operations for the nine months ended September 27, 2013 of $2.6 million to write-off certain deferred financing fees and original issue discount and expensed approximately $0.5 million of costs incurred in connection with the refinancing. The Company had an original issue discount of $40.3 million and deferred financing fees of $15.7 million included in its Condensed Consolidated Balance Sheet as of September 27, 2013, which will be accreted to Interest expense primarily using the effective interest method, over the life of the Deutsche Bank Credit Agreement. As of September 27, 2013, the weighted-average interest rate of borrowings under the amended Deutsche Bank Credit Agreement was 2.61%, excluding accretion of original issue discount, and there was $499.9 million available on the revolving credit subfacilities, including $199.9 million available on a letter of credit subfacility.
	The Company is also party to additional letter of credit facilities with total capacity of $628.1 million, of which $362.2 million was outstanding as of September 27, 2013.
	As of September 27, 2013, the Company is in compliance with the covenants under the Deutsche Bank Credit Agreement.

Accrued_Liabilities

Accrued Liabilities	9 Months Ended
	Sep. 27, 2013
Accrued Liabilities [Abstract]
Accrued Liabilities Disclosure [Text Block]	Accrued Liabilities
	Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following:
		September 27, 2013			December 31, 2012
		(In thousands)
	Accrued payroll	$	108,640		$	99,583
	Advance payment from customers	58,050			61,431
	Accrued taxes	71,793			34,165
	Accrued asbestos-related liability	59,354			58,501
	Warranty liability - current portion	34,808			35,678
	Accrued restructuring liability - current portion	12,162			25,406
	Accrued third-party commissions	12,695			12,320
	Other	92,611			120,136
	Accrued liabilities	$	450,113		$	447,220
	Warranty Liability
	The activity in the Company’s warranty liability consisted of the following:
		Nine Months Ended
		27-Sep-13			28-Sep-12
		(In thousands)
	Warranty liability, beginning of period	$	40,437		$	2,987
	Accrued warranty expense	16,633			9,728
	Changes in estimates related to pre-existing warranties	(693		)	15
	Cost of warranty service work performed	(14,862		)	(18,200		)
	Acquisitions	—			47,341
	Foreign exchange translation effect	(476		)	(1,300		)
	Warranty liability, end of period	$	41,039		$	40,571
	Accrued Restructuring Liability
	The Company’s restructuring programs include a series of restructuring actions at its fluid-handling operations beginning in 2009 and ongoing initiatives as a result of the Charter Acquisition as well as efforts to reduce the structural costs and rationalize the corporate overhead of the combined businesses.
	A summary of the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Condensed Consolidated Balance Sheets is as follows:
		Nine Months Ended September 27, 2013
		Balance at Beginning of Period			Provisions			Payments			Foreign Currency Translation			Balance at End of Period(3)
		(In thousands)
	Restructuring and other related charges:
	Gas and Fluid Handling:
	Termination benefits(1)	$	3,060		$	4,014		$	(5,426	)	$	(43	)	$	1,605
	Facility closure costs(2)	1,177			529			(878		)	20			848
	Other related charges	—			201			(177		)	15			39
		4,237			4,744			(6,481		)	(8		)	2,492
	Fabrication Technology:
	Termination benefits(1)	14,637			10,661			(18,213		)	275			7,360
	Facility closure costs(2)	6,925			1,096			(5,622		)	(6		)	2,393
	Other related charges	33			927			(914		)	(70		)	(24		)
		21,595			12,684			(24,749		)	199			9,729
	Corporate and Other:
	Facility closure costs(2)	1,522			—			(197		)	(17		)	1,308
		1,522			—			(197		)	(17		)	1,308
		$	27,354		$	17,428		$	(31,427	)	$	174		$	13,529
	(1) Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary
	termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits
	are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.
	(2) Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.
	(3) As of September 27, 2013, $12.2 million and $1.3 million of the Company’s restructuring liability was included in Accrued liabilities and
	Other liabilities, respectively.
	The Company expects to incur Restructuring and other related charges of approximately $20 million during the remainder of 2013 related to these restructuring activities.

Net_Periodic_Benefit_CostDefin

Net Periodic Benefit Cost-Defined Benefit Plans	9 Months Ended
	Sep. 27, 2013
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Net Periodic Benefit Cost - Defined Benefit Plans
	The following table sets forth the components of net periodic benefit cost of the defined benefit pension plans and the Company’s other post-retirement employee benefit plans:
		Three Months Ended						Nine Months Ended
		September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
		(In thousands)
	Pension Benefits-U.S. Plans:
	Service cost	$	—		$	—		$	—		$	—
	Interest cost	4,352			4,699			13,126			14,044
	Expected return on plan assets	(6,192		)	(6,050		)	(18,611		)	(18,093		)
	Amortization	1,964			1,800			5,891			5,400
	Net periodic benefit cost	$	124		$	449		$	406		$	1,351
	Pension Benefits-Non U.S. Plans:
	Service cost	$	598		$	828		$	2,420		$	2,388
	Interest cost	11,089			11,638			33,293			34,573
	Expected return on plan assets	(8,295		)	(8,143		)	(24,785		)	(24,467		)
	Amortization	626			184			1,857			564
	Net periodic benefit cost	$	4,018		$	4,507		$	12,785		$	13,058
	Other Post-Retirement Benefits:
	Service cost	$	32		$	50		$	167		$	152
	Interest cost	229			310			686			949
	Amortization	176			232			529			698
	Net periodic benefit cost	$	437		$	592		$	1,382		$	1,799

Financial_Instruments_and_Fair

Financial Instruments and Fair Value Measurements	9 Months Ended
	Sep. 27, 2013
Financial Instruments and Fair Value Measurements [Abstract]
Fair Value Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Text Block]	Financial Instruments and Fair Value Measurements
	The carrying values of financial instruments, including Trade receivables and Accounts payable, approximate their fair values due to their short-term maturities. The estimated fair value of the Company’s debt of $1.5 billion and $1.7 billion as of September 27, 2013 and December 31, 2012, respectively, was based on current interest rates for similar types of borrowings and is in Level Two of the fair value hierarchy. The estimated fair values may not represent actual values of the financial instruments that could be realized as of the balance sheet date or that will be realized in the future.
	A summary of the Company’s assets and liabilities that are measured at fair value for each fair value hierarchy level for the periods presented is as follows:
		September 27, 2013
		Level			Level			Level			Total
		One			Two			Three
		(In thousands)
	Assets:
	Cash equivalents	$	299,700		$	—		$	—		$	299,700
	Foreign currency contracts related to sales - designated as hedges	—			9,049			—			9,049
	Foreign currency contracts related to sales - not designated as hedges	—			3,084			—			3,084
	Foreign currency contracts related to purchases - designated as hedges	—			399			—			399
	Foreign currency contracts related to purchases - not designated as hedges	—			480			—			480
	Deferred compensation plans	—			2,887			—			2,887
		$	299,700		$	15,899		$	—		$	315,599
	Liabilities:
	Foreign currency contracts related to sales - designated as hedges	$	—		$	1,308		$	—		$	1,308
	Foreign currency contracts related to sales - not designated as hedges	—			809			—			809
	Foreign currency contracts related to purchases - designated as hedges	—			799			—			799
	Foreign currency contracts related to purchases - not designated as hedges	—			713			—			713
	Deferred compensation plans	—			2,887			—			2,887
	Liability for contingent payments	—			—			7,034			7,034
		$	—		$	6,516		$	7,034		$	13,550
		December 31, 2012
		Level			Level			Level			Total
		One			Two			Three
		(In thousands)
	Assets:
	Cash equivalents	$	133,878		$	—		$	—		$	133,878
	Foreign currency contracts related to sales - designated as hedges	—			6,832			—			6,832
	Foreign currency contracts related to sales - not designated as hedges	—			2,249			—			2,249
	Foreign currency contracts related to purchases - designated as hedges	—			213			—			213
	Foreign currency contracts related to purchases - not designated as hedges	—			1,077			—			1,077
	Deferred compensation plans	—			2,542			—			2,542
		$	133,878		$	12,913		$	—		$	146,791
	Liabilities:
	Foreign currency contracts related to sales - designated as hedges	$	—		$	1,024		$	—		$	1,024
	Foreign currency contracts related to sales - not designated as hedges	—			1,693			—			1,693
	Foreign currency contracts related to purchases - designated as hedges	—			896			—			896
	Foreign currency contracts related to purchases - not designated as hedges	—			1,062			—			1,062
	Deferred compensation plans	—			2,542			—			2,542
	Liability for contingent payments	—			—			6,517			6,517
		$	—		$	7,217		$	6,517		$	13,734
	There were no transfers in or out of Level One, Two or Three during the nine months ended September 27, 2013.
	Foreign Currency Contracts. As of September 27, 2013 and December 31, 2012, the Company had foreign currency contracts with the following notional values:
		September 27, 2013			December 31, 2012
		(In thousands)
	Foreign currency contracts sold - not designated as hedges	$	221,268		$	301,185
	Foreign currency contracts sold - designated as hedges	187,997			238,537
	Foreign currency contracts purchased - not designated as hedges	235,665			121,741
	Foreign currency contracts purchased - designated as hedges	48,283			37,065
	Total foreign currency derivatives	$	693,213		$	698,528
	The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Contracts Designated as Hedges:
	Interest Rate Swap:
	Realized loss	$	—		$	—		$	—		$	(471	)
	Foreign Currency Contracts - related to customer sales contracts:
	Unrealized gain	3,248			3,070			2,658			822
	Realized gain (loss)	3,355			1,757			(116		)	1,077
	Foreign Currency Contracts - related to supplier purchase contracts:
	Unrealized gain (loss)	908			497			(145		)	(352		)
Realized (loss) gain	(1,425		)	(579		)	76			(344		)
Unrealized loss on net investment hedges	(13,562		)	(2,760		)	(6,299		)	(2,764		)
Contracts Not Designated in a Hedge Relationship:
Foreign Currency Contracts - acquisition-related:
Realized loss	—			—			—			(7,177		)
Foreign Currency Contracts - related to customer sales contracts:
Unrealized gain	2,765			1,774			1,495			154
Realized gain	1,940			879			1,162			1,789
Foreign Currency Contracts - related to supplier purchases contracts:
Unrealized gain (loss)	63			(223		)	513			3
Realized (loss) gain	(1,121		)	1			579			(33		)
Liability for Contingent Payments
The Company’s liability for contingent payments represents the fair value of estimated additional cash payments related to its acquisitions of COT-Puritech, Inc. in December of 2011 and Clarus in July 2013, which are subject to the achievement of certain performance goals, and are included in Other liabilities in the Condensed Consolidated Balance Sheets. The fair value of the liability for contingent payments represents the present value of probability weighted expected cash flows based upon the Company’s internal model and projections and is included in Level Three of the fair value hierarchy. Accretion is recognized in Interest expense in the Condensed Consolidated Statements of Operations and realized or unrealized gains or losses are recognized in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations.
A summary of activity in the Company’s liability for contingent payments during the nine months ended September 27, 2013 is as follows:
	(In thousands)
Balance at January 1, 2013	$	6,517
Additions for Clarus acquisition	3,592
Interest accretion	425
Cash payment	(3,500		)
Balance at September 27, 2013	$	7,034

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 28, 2012
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Commitments and Contingencies
	For further description of the Company’s litigation and contingencies, reference is made to Note 16, “Commitments and Contingencies” in the Notes to Consolidated Financial Statements in our 2012 Form 10-K.
	Asbestos and Other Product Liability Contingencies
	Claims activity since December 31 related to asbestos claims is as follows(1):
		Nine Months Ended
		27-Sep-13		28-Sep-12
		(Number of claims)
	Claims unresolved, beginning of period	23,523		25,281
	Claims filed(2)	3,298		3,281
	Claims resolved(3)	(3,875	)	(4,703	)
	Claims unresolved, end of period	22,946		23,859
	(1) Excludes claims filed by one legal firm that have been “administratively dismissed.”
	(2) Claims filed include all asbestos claims for which notification has been received or a file has been opened.
	(3) Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based
	upon agreements or understandings in place with counsel for the claimants.
	The Company’s Condensed Consolidated Balance Sheets included the following amounts related to asbestos-related litigation:
		27-Sep-13			31-Dec-12
		(In thousands)
	Current asbestos insurance asset(1)	$	32,893		$	35,566
	Current asbestos insurance receivable(1)	42,031			36,778
	Long-term asbestos insurance asset(2)	307,445			315,363
	Long-term asbestos insurance receivable(2)	20,934			7,063
	Accrued asbestos liability(3)	59,354			58,501
	Long-term asbestos liability(4)	367,493			375,493
	(1) Included in Other current assets in the Condensed Consolidated Balance Sheets.
	(2) Included in Other assets in the Condensed Consolidated Balance Sheets.
	(3) Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries
	will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against
	asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed
	Consolidated Balance Sheets.
	(4) Included in Other liabilities in the Condensed Consolidated Balance Sheets.
	Due to a statistically significant increase in mesothelioma and lung cancer claims and higher settlement values per claim that have occurred and are expected to continue to occur in certain jurisdictions, partially offset by lower claims and lower settlement values per claim in other jurisdictions, the Company recorded a $0.6 million pre-tax charge during the three and nine months ended September 27, 2013, which was included in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations. The pre-tax charge was comprised of an increase in asbestos-related liabilities of $10.8 million partially offset by an increase in expected insurance recoveries of $10.2 million.
	Management’s analyses are based on currently known facts and a number of assumptions. However, projecting future events, such as new claims to be filed each year, the average cost of resolving each claim, coverage issues among layers of insurers, the method in which losses will be allocated to the various insurance policies, interpretation of the effect on coverage of various policy terms and limits and their interrelationships, the continuing solvency of various insurance companies, the amount of remaining insurance available, as well as the numerous uncertainties inherent in asbestos litigation could cause the actual liabilities and insurance recoveries to be higher or lower than those projected or recorded which could materially affect the Company’s financial condition, results of operations or cash flow.
	The Company is also involved in various other pending legal proceedings arising out of the ordinary course of the Company’s business. None of these legal proceedings are expected to have a material adverse effect on the financial condition, results of operations or cash flow of the Company. With respect to these proceedings and the litigation and claims described in the preceding paragraphs, management of the Company believes that it will either prevail, has adequate insurance coverage or has established appropriate reserves to cover potential liabilities. Any costs that management estimates may be paid related to these proceedings or claims are accrued when the liability is considered probable and the amount can be reasonably estimated. There can be no assurance, however, as to the ultimate outcome of any of these matters, and if all or substantially all of these legal proceedings were to be determined adverse to the Company, there could be a material adverse effect on the financial condition, results of operations or cash flow of the Company.

Segment_Information

Segment Information	9 Months Ended
	Sep. 27, 2013
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Segment Information
	The Company conducts its operations through three operating segments: gas handling, fluid handling and fabrication technology. The gas-handling and fluid-handling operating segments are aggregated into a single reportable segment. A description of the Company’s reportable segments is as follows:
	▪	Gas & Fluid Handling - a global supplier of a broad range of gas- and fluid-handling products, including pumps, fluid-handling systems and controls, specialty valves, heavy-duty centrifugal and axial fans, rotary heat exchangers and gas compressors, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets; and
	▪	Fabrication Technology - a global supplier of welding equipment and consumables, cutting equipment and consumables and automated welding and cutting systems.
	Certain amounts not allocated to the two reportable segments and intersegment eliminations are reported under the heading “Corporate and other.” The Company’s management evaluates the operating results of each of its reportable segments based upon Net sales and segment operating income, which represents Operating income before Restructuring and other related charges.
	The Company’s segment results were as follows:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Net sales:
	Gas and fluid handling	$	511,360		$	464,873		$	1,453,228		$	1,386,699
	Fabrication technology	503,210			489,567			1,582,603			1,499,760
		$	1,014,570		$	954,440		$	3,035,831		$	2,886,459
	Segment operating income (loss)(1):
	Gas and fluid handling	$	67,413		$	33,925		$	179,341		$	98,846
	Fabrication technology	57,583			43,855			161,478			106,262
	Corporate and other	(13,461		)	(10,249		)	(36,614		)	(74,201		)
		$	111,535		$	67,531		$	304,205		$	130,907
	(1) The following is a reconciliation of Income before income taxes to segment operating income:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Income before income taxes	$	85,262		$	28,109		$	227,898		$	19,561
	Interest expense	17,536			23,557			58,879			68,280
	Restructuring and other related charges	8,737			15,865			17,428			43,066
	Segment operating income	$	111,535		$	67,531		$	304,205		$	130,907
	The detail of the Company’s Net sales by product type is as follows:
		Three Months Ended						Nine Months Ended
		September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
		(In thousands)
	Gas handling	$	349,485		$	311,919		$	977,016		$	898,081
	Fluid handling	161,875			152,954			476,212			488,618
	Welding and cutting	503,210			489,567			1,582,603			1,499,760
	Total Net sales	$	1,014,570		$	954,440		$	3,035,831		$	2,886,459

Net_Income_Loss_Per_Share_Tabl

Net Income (Loss) Per Share (Tables)	9 Months Ended
	Sep. 27, 2013
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Net income (loss) per share available to Colfax Corporation common shareholders was computed as follows:
		Three Months Ended					Nine Months Ended
		27-Sep-13		28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands, except share data)
	Computation of Net income (loss) per share - basic:
	Net income (loss) available to Colfax Corporation common shareholders	$	50,389	$	4,022		$	126,248		$	(98,017	)
	Less: net income attributable to participating securities(1)	—		(517		)	(3,740		)	—
		$	50,389	$	3,505		$	122,508		$	(98,017	)
	Weighted-average shares of Common stock outstanding-basic	101,977,511		94,040,440			98,185,166			90,003,515
	Net income (loss) per share - basic	$	0.49	$	0.04		$	1.25		$	(1.09	)
	Computation of Net income (loss) per share - diluted:
	Net income (loss) available to Colfax Corporation common shareholders	$	50,389	$	4,022		$	126,248		$	(98,017	)
	Less: net income attributable to participating securities(1)(2)	—		(517		)	(3,740		)	—
	Add: dividends on preferred stock(2)	5,086		—			—			—
		$	55,475	$	3,505		$	122,508		$	(98,017	)
	Weighted-average shares of Common stock outstanding-basic	101,977,511		94,040,440			98,185,166			90,003,515
	Net effect of potentially dilutive securities - stock options and restricted stock units	1,233,867		751,488			1,096,504			—
	Net effect of potentially dilutive securities - convertible preferred stock(2)	12,173,291		—			—			—
	Weighted-average shares of Common stock outstanding-diluted	115,384,669		94,791,928			99,281,670			90,003,515
	Net income (loss) per share - diluted	$	0.48	$	0.04		$	1.23		$	(1.09	)
	(1) Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.
	(2) For periods subsequent to April 23, 2013, Net income per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the nine months ended September 27, 2013, the calculation under this method was anti-dilutive.

Equity_Tables

Equity (Tables)	9 Months Ended
	Sep. 27, 2013
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents the changes in the balances of each component of Accumulated other comprehensive loss including current period reclassifications out of Accumulated other comprehensive loss for the nine months ended September 27, 2013. All amounts are net of tax and noncontrolling interest.
		Accumulated Other Comprehensive Loss Components
		Net Unrecognized Pension And Other Post-Retirement Benefit Cost			Foreign Currency Translation Adjustment			Unrealized (Loss) Gain On Hedging Activities			Total
		(In thousands)
	Beginning balance	$	(247,332	)	$	104,718		$	(3,980	)	$	(146,594	)
	Acquisition of shares held by noncontrolling interest	—			(381		)	—			(381		)
	Other comprehensive loss before reclassifications:
	Foreign currency translation adjustment	—			(42,706		)	—			(42,706		)
	Gain on long-term intra-entity foreign currency transactions	—			5,546			—			5,546
	Loss on net investment hedges	—			—			(6,299		)	(6,299		)
	Unrealized gain on cash flow hedges	—			—			1,744			1,744
	Other comprehensive loss before reclassifications	—			(37,160		)	(4,555		)	(41,715		)
	Amounts reclassified from Accumulated other comprehensive loss	7,740			—			—			7,740
	Net current period other comprehensive income (loss)	7,740			(37,160		)	(4,555		)	(33,975		)
	Ending balance	$	(239,592	)	$	67,177		$	(8,535	)	$	(180,950	)
Amounts reclassified from Accumulated other comprehensive loss [Table Text Block]	The effect on Net income (loss) of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and nine months ended September 27, 2013 is as follows:
		Three Months Ended September 27, 2013									Nine Months Ended September 27, 2013
		Amounts Reclassified From Accumulated Other Comprehensive Loss			Tax Benefit			Total			Amounts Reclassified From Accumulated Other Comprehensive Loss			Tax Benefit			Total
		(In thousands)
	Pension and other post-retirement benefit cost:
	Amortization of net loss (1)	$	2,704		$	(183	)	$	2,521		$	8,091		$	(537	)	$	7,554
	Amortization of prior service cost(1)	62			—			62			186			—			186
		$	2,766		$	(183	)	$	2,583		$	8,277		$	(537	)	$	7,740
	(1) Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details.

Inventories_Net_Tables

Inventories, Net (Tables)	9 Months Ended
	Sep. 27, 2013
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories, net consisted of the following:
		27-Sep-13			31-Dec-12
		(In thousands)
	Raw materials	$	134,311		$	154,771
	Work in process	96,772			99,459
	Finished goods	238,054			263,211
		469,137			517,441
	Less: customer progress billings	(5,520		)	(14,571		)
	Less: allowance for excess, slow-moving and obsolete inventory	(10,416		)	(9,221		)
	Inventories, net	$	453,201		$	493,649

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 27, 2013
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Long-term debt consisted of the following:
		27-Sep-13			31-Dec-12
		(In thousands)
	Term loans	$	1,484,704		$	1,682,177
	Revolving credit facilities and other	36,428			46,134
	Total Debt	1,521,132			1,728,311
	Less: current portion	(131,657		)	(34,799		)
	Long-term debt	$	1,389,475		$	1,693,512

Accrued_Liabilities_Tables

Accrued Liabilities (Tables)	9 Months Ended
	Sep. 27, 2013
Accrued Liabilities [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following:
		September 27, 2013			December 31, 2012
		(In thousands)
	Accrued payroll	$	108,640		$	99,583
	Advance payment from customers	58,050			61,431
	Accrued taxes	71,793			34,165
	Accrued asbestos-related liability	59,354			58,501
	Warranty liability - current portion	34,808			35,678
	Accrued restructuring liability - current portion	12,162			25,406
	Accrued third-party commissions	12,695			12,320
	Other	92,611			120,136
	Accrued liabilities	$	450,113		$	447,220
Schedule of Product Warranty Liability [Table Text Block]	The activity in the Company’s warranty liability consisted of the following:
		Nine Months Ended
		27-Sep-13			28-Sep-12
		(In thousands)
	Warranty liability, beginning of period	$	40,437		$	2,987
	Accrued warranty expense	16,633			9,728
	Changes in estimates related to pre-existing warranties	(693		)	15
	Cost of warranty service work performed	(14,862		)	(18,200		)
	Acquisitions	—			47,341
	Foreign exchange translation effect	(476		)	(1,300		)
	Warranty liability, end of period	$	41,039		$	40,571
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	A summary of the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Condensed Consolidated Balance Sheets is as follows:
		Nine Months Ended September 27, 2013
		Balance at Beginning of Period			Provisions			Payments			Foreign Currency Translation			Balance at End of Period(3)
		(In thousands)
	Restructuring and other related charges:
	Gas and Fluid Handling:
	Termination benefits(1)	$	3,060		$	4,014		$	(5,426	)	$	(43	)	$	1,605
	Facility closure costs(2)	1,177			529			(878		)	20			848
	Other related charges	—			201			(177		)	15			39
		4,237			4,744			(6,481		)	(8		)	2,492
	Fabrication Technology:
	Termination benefits(1)	14,637			10,661			(18,213		)	275			7,360
	Facility closure costs(2)	6,925			1,096			(5,622		)	(6		)	2,393
	Other related charges	33			927			(914		)	(70		)	(24		)
		21,595			12,684			(24,749		)	199			9,729
	Corporate and Other:
	Facility closure costs(2)	1,522			—			(197		)	(17		)	1,308
		1,522			—			(197		)	(17		)	1,308
		$	27,354		$	17,428		$	(31,427	)	$	174		$	13,529
	(1) Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary
	termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits
	are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.
	(2) Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.
	(3) As of September 27, 2013, $12.2 million and $1.3 million of the Company’s restructuring liability was included in Accrued liabilities and
	Other liabilities, respectively.

Net_Periodic_Benefit_CostDefin1

Net Periodic Benefit Cost-Defined Benefit Plans (Tables)	9 Months Ended
	Sep. 27, 2013
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	The following table sets forth the components of net periodic benefit cost of the defined benefit pension plans and the Company’s other post-retirement employee benefit plans:
		Three Months Ended						Nine Months Ended
		September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
		(In thousands)
	Pension Benefits-U.S. Plans:
	Service cost	$	—		$	—		$	—		$	—
	Interest cost	4,352			4,699			13,126			14,044
	Expected return on plan assets	(6,192		)	(6,050		)	(18,611		)	(18,093		)
	Amortization	1,964			1,800			5,891			5,400
	Net periodic benefit cost	$	124		$	449		$	406		$	1,351
	Pension Benefits-Non U.S. Plans:
	Service cost	$	598		$	828		$	2,420		$	2,388
	Interest cost	11,089			11,638			33,293			34,573
	Expected return on plan assets	(8,295		)	(8,143		)	(24,785		)	(24,467		)
	Amortization	626			184			1,857			564
	Net periodic benefit cost	$	4,018		$	4,507		$	12,785		$	13,058
	Other Post-Retirement Benefits:
	Service cost	$	32		$	50		$	167		$	152
	Interest cost	229			310			686			949
	Amortization	176			232			529			698
	Net periodic benefit cost	$	437		$	592		$	1,382		$	1,799

Financial_Instruments_and_Fair1

Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
	Sep. 27, 2013
Financial Instruments and Fair Value Measurements [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	A summary of the Company’s assets and liabilities that are measured at fair value for each fair value hierarchy level for the periods presented is as follows:
		September 27, 2013
		Level			Level			Level			Total
		One			Two			Three
		(In thousands)
	Assets:
	Cash equivalents	$	299,700		$	—		$	—		$	299,700
	Foreign currency contracts related to sales - designated as hedges	—			9,049			—			9,049
	Foreign currency contracts related to sales - not designated as hedges	—			3,084			—			3,084
	Foreign currency contracts related to purchases - designated as hedges	—			399			—			399
	Foreign currency contracts related to purchases - not designated as hedges	—			480			—			480
	Deferred compensation plans	—			2,887			—			2,887
		$	299,700		$	15,899		$	—		$	315,599
	Liabilities:
	Foreign currency contracts related to sales - designated as hedges	$	—		$	1,308		$	—		$	1,308
	Foreign currency contracts related to sales - not designated as hedges	—			809			—			809
	Foreign currency contracts related to purchases - designated as hedges	—			799			—			799
	Foreign currency contracts related to purchases - not designated as hedges	—			713			—			713
	Deferred compensation plans	—			2,887			—			2,887
	Liability for contingent payments	—			—			7,034			7,034
		$	—		$	6,516		$	7,034		$	13,550
		December 31, 2012
		Level			Level			Level			Total
		One			Two			Three
		(In thousands)
	Assets:
	Cash equivalents	$	133,878		$	—		$	—		$	133,878
	Foreign currency contracts related to sales - designated as hedges	—			6,832			—			6,832
	Foreign currency contracts related to sales - not designated as hedges	—			2,249			—			2,249
	Foreign currency contracts related to purchases - designated as hedges	—			213			—			213
	Foreign currency contracts related to purchases - not designated as hedges	—			1,077			—			1,077
	Deferred compensation plans	—			2,542			—			2,542
		$	133,878		$	12,913		$	—		$	146,791
	Liabilities:
	Foreign currency contracts related to sales - designated as hedges	$	—		$	1,024		$	—		$	1,024
	Foreign currency contracts related to sales - not designated as hedges	—			1,693			—			1,693
	Foreign currency contracts related to purchases - designated as hedges	—			896			—			896
	Foreign currency contracts related to purchases - not designated as hedges	—			1,062			—			1,062
	Deferred compensation plans	—			2,542			—			2,542
	Liability for contingent payments	—			—			6,517			6,517
		$	—		$	7,217		$	6,517		$	13,734
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Foreign Currency Contracts. As of September 27, 2013 and December 31, 2012, the Company had foreign currency contracts with the following notional values:
		September 27, 2013			December 31, 2012
		(In thousands)
	Foreign currency contracts sold - not designated as hedges	$	221,268		$	301,185
	Foreign currency contracts sold - designated as hedges	187,997			238,537
	Foreign currency contracts purchased - not designated as hedges	235,665			121,741
	Foreign currency contracts purchased - designated as hedges	48,283			37,065
	Total foreign currency derivatives	$	693,213		$	698,528
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]	The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Contracts Designated as Hedges:
	Interest Rate Swap:
	Realized loss	$	—		$	—		$	—		$	(471	)
	Foreign Currency Contracts - related to customer sales contracts:
	Unrealized gain	3,248			3,070			2,658			822
	Realized gain (loss)	3,355			1,757			(116		)	1,077
	Foreign Currency Contracts - related to supplier purchase contracts:
	Unrealized gain (loss)	908			497			(145		)	(352		)
	Realized (loss) gain	(1,425		)	(579		)	76			(344		)
	Unrealized loss on net investment hedges	(13,562		)	(2,760		)	(6,299		)	(2,764		)
	Contracts Not Designated in a Hedge Relationship:
	Foreign Currency Contracts - acquisition-related:
	Realized loss	—			—			—			(7,177		)
	Foreign Currency Contracts - related to customer sales contracts:
	Unrealized gain	2,765			1,774			1,495			154
	Realized gain	1,940			879			1,162			1,789
	Foreign Currency Contracts - related to supplier purchases contracts:
	Unrealized gain (loss)	63			(223		)	513			3
	Realized (loss) gain	(1,121		)	1			579			(33		)
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]	A summary of activity in the Company’s liability for contingent payments during the nine months ended September 27, 2013 is as follows:
		(In thousands)
	Balance at January 1, 2013	$	6,517
	Additions for Clarus acquisition	3,592
	Interest accretion	425
	Cash payment	(3,500		)
	Balance at September 27, 2013	$	7,034

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 27, 2013
Commitments and Contingencies Disclosure [Abstract]
Schedule Of Loss Contingencies By Claims Quantities [Table Text Block]	Claims activity since December 31 related to asbestos claims is as follows(1):
		Nine Months Ended
		27-Sep-13		28-Sep-12
		(Number of claims)
	Claims unresolved, beginning of period	23,523		25,281
	Claims filed(2)	3,298		3,281
	Claims resolved(3)	(3,875	)	(4,703	)
	Claims unresolved, end of period	22,946		23,859
	(1) Excludes claims filed by one legal firm that have been “administratively dismissed.”
	(2) Claims filed include all asbestos claims for which notification has been received or a file has been opened.
	(3) Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based
	upon agreements or understandings in place with counsel for the claimants.
Schedule Of Asbestos Related Litigation [Table Text Block]	The Company’s Condensed Consolidated Balance Sheets included the following amounts related to asbestos-related litigation:
		27-Sep-13			31-Dec-12
		(In thousands)
	Current asbestos insurance asset(1)	$	32,893		$	35,566
	Current asbestos insurance receivable(1)	42,031			36,778
	Long-term asbestos insurance asset(2)	307,445			315,363
	Long-term asbestos insurance receivable(2)	20,934			7,063
	Accrued asbestos liability(3)	59,354			58,501
	Long-term asbestos liability(4)	367,493			375,493
	(1) Included in Other current assets in the Condensed Consolidated Balance Sheets.
	(2) Included in Other assets in the Condensed Consolidated Balance Sheets.
	(3) Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries
	will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against
	asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed
	Consolidated Balance Sheets.
	(4) Included in Other liabilities in the Condensed Consolidated Balance Sheets.

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 27, 2013
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The Company’s segment results were as follows:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Net sales:
	Gas and fluid handling	$	511,360		$	464,873		$	1,453,228		$	1,386,699
	Fabrication technology	503,210			489,567			1,582,603			1,499,760
		$	1,014,570		$	954,440		$	3,035,831		$	2,886,459
	Segment operating income (loss)(1):
	Gas and fluid handling	$	67,413		$	33,925		$	179,341		$	98,846
	Fabrication technology	57,583			43,855			161,478			106,262
	Corporate and other	(13,461		)	(10,249		)	(36,614		)	(74,201		)
		$	111,535		$	67,531		$	304,205		$	130,907
	(1) The following is a reconciliation of Income before income taxes to segment operating income:
		Three Months Ended						Nine Months Ended
		27-Sep-13			28-Sep-12			27-Sep-13			28-Sep-12
		(In thousands)
	Income before income taxes	$	85,262		$	28,109		$	227,898		$	19,561
	Interest expense	17,536			23,557			58,879			68,280
	Restructuring and other related charges	8,737			15,865			17,428			43,066
	Segment operating income	$	111,535		$	67,531		$	304,205		$	130,907
Revenue from External Customers by Products and Services [Table Text Block]	The detail of the Company’s Net sales by product type is as follows:
		Three Months Ended						Nine Months Ended
		September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
		(In thousands)
	Gas handling	$	349,485		$	311,919		$	977,016		$	898,081
	Fluid handling	161,875			152,954			476,212			488,618
	Welding and cutting	503,210			489,567			1,582,603			1,499,760
	Total Net sales	$	1,014,570		$	954,440		$	3,035,831		$	2,886,459

General_Details_Textual

General (Details Textual)	3 Months Ended
	Mar. 29, 2013	Mar. 29, 2013	Sep. 27, 2013
	USD ($)	VEF	USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Foregin Currency Exchange Rate Bolivar Fuerte		6.3
Amount Recognized in Income Due to Inflationary Accounting	-2,900,000
Devaluation Of Foreign Currency	32.00%	32.00%
Net Monetary Assets Of Subsidiary			$5,700,000

Acquisition_Details_Textual

Acquisition (Details Textual)	3 Months Ended
	Mar. 29, 2013	Jan. 13, 2012	Aug. 01, 2013	Jul. 09, 2013	Aug. 05, 2013
	Charter International Plc [Member]	Charter International Plc [Member]	Flakt Woods GII [Member]	Clarus Fluid Intelligence [Member]	Soldex S.A. [Member]
	USD ($)	USD ($)	EUR (€)	USD ($)	USD ($)
Business Acquisitions [Line Items]
Business Acquisition, Cost of Acquired Entity, Purchase Price		$2,600,000,000	€ 193,000,000	$14,300,000	$14,900,000
Business Acquisition, Contingent Consideration, at Fair Value				3,600,000
Business Acquisition, Cost of Acquired Entity, Cash Paid		1,900,000,000
Business Acquisition, Cost of Acquired Entity, Other Noncash Consideration		700,000,000
Business Acquisition Acquired Entity Retrospective Adjustments	$23,500,000
Ownership Percentage of Subsidiary by Parent Before Additional Acquisition					91.00%
Percentage of Ownership Interest in Subsidiary by Parent					99.00%

Net_Income_Loss_Per_Share_Deta

Net Income (Loss) Per Share (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 27, 2013		Sep. 28, 2012		Sep. 27, 2013		Sep. 28, 2012
Earnings Per Share [Abstract]
Net income (loss) available to Colfax Corporation common shareholders	$50,389		$4,022		$126,248		($98,017)
Less: net income attributable to participating securities	0	[1]	-517	[1]	-3,740	[1]	0	[1]
Net income (loss) - basic	50,389		3,505		122,508		-98,017
Weighted-average shares of Common stock outstanding-basic	101,977,511		94,040,440		98,185,166		90,003,515
Net income (loss) per share- basic	$0.49		$0.04		$1.25		($1.09)
Less: net income attributable to participating securities	0	[1],[2]	-517	[1],[2]	-3,740	[1],[2]	0	[1],[2]
Add: dividends on preferred stock	5,086	[2]	0	[2]	0	[2]	0	[2]
Net income (loss) - diluted	$55,475		$3,505		$122,508		($98,017)
Net effect of potentially dilutive securities - stock options and restricted stock units	1,233,867		751,488		1,096,504		0
Net effect of potentially dilutive securities - convertible preferred stock	12,173,291	[2]	0	[2]	0	[2]	0	[2]
Weighted-average shares of Common stock outstanding-diluted	115,384,669		94,791,928		99,281,670		90,003,515
Net income (loss) per share- diluted	$0.48		$0.04		$1.23		($1.09)
[1]	Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.
[2]	For periods subsequent to April 23, 2013, Net income per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the nine months ended September 27, 2013, the calculation under this method was anti-dilutive.

Net_Income_Loss_Per_Share_Deta1

Net Income (Loss) Per Share (Details Textual)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Preferred, Amount			12.2
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.6	1.4	0.7	2.8

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Income Tax Disclosure [Abstract]
Income before income taxes	$85,262,000	$28,109,000	$227,898,000	$19,561,000
Provision for income taxes	19,787,000	13,610,000	62,948,000	86,891,000
Effective Income Tax Rate, Continuing Operations	23.20%		27.60%
Discrete tax benefit	5,100,000	2,900,000
Increase in Income Taxes				50,300,000
Unrecognized Tax Benefits, Decreases Resulting from Prior Period Tax Positions			2,300,000
Charter acquisition-related expense	$0	$0	$0	$43,617,000

Equity_Details

Equity (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	($146,594)
Acquisition of shares held by noncontrolling interest	-381
Foreign currency translation adjustment	-42,706
Gain on long-term intra-entity foreign currency transactions	5,546
Loss on net investment hedges	-6,299
Unrealized gain on cash flow hedges	1,744
Other comprehensive loss before reclassifications	-41,715
Amounts reclassified from Accumulated other comprehensive loss	7,740
Net current period other comprehensive income (loss)	-33,975
Ending balance	-180,950
Net Unrecognized Pension And Other Post-Retirement Benefit Cost [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	-247,332
Acquisition of shares held by noncontrolling interest	0
Foreign currency translation adjustment	0
Gain on long-term intra-entity foreign currency transactions	0
Loss on net investment hedges	0
Unrealized gain on cash flow hedges	0
Other comprehensive loss before reclassifications	0
Amounts reclassified from Accumulated other comprehensive loss	7,740
Net current period other comprehensive income (loss)	7,740
Ending balance	-239,592
Foreign Currency Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	104,718
Acquisition of shares held by noncontrolling interest	-381
Foreign currency translation adjustment	-42,706
Gain on long-term intra-entity foreign currency transactions	5,546
Loss on net investment hedges	0
Unrealized gain on cash flow hedges	0
Other comprehensive loss before reclassifications	-37,160
Amounts reclassified from Accumulated other comprehensive loss	0
Net current period other comprehensive income (loss)	-37,160
Ending balance	67,177
Unrealized (Loss) Gain On Hedging Activities [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	-3,980
Acquisition of shares held by noncontrolling interest	0
Foreign currency translation adjustment	0
Gain on long-term intra-entity foreign currency transactions	0
Loss on net investment hedges	-6,299
Unrealized gain on cash flow hedges	1,744
Other comprehensive loss before reclassifications	-4,555
Amounts reclassified from Accumulated other comprehensive loss	0
Net current period other comprehensive income (loss)	-4,555
Ending balance	($8,535)

Equity_Details_1

Equity (Details 1) (USD $)	3 Months Ended			9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013		Sep. 28, 2012	Sep. 27, 2013		Sep. 28, 2012
Pension and other post-retirement benefit cost [Abstract]
Amortization of net loss, before tax	$2,704	[1]		$8,091	[1]
Amortization of net loss, tax	-183	[1]	-53	-537	[1]	-162
Amortization of net loss, net of tax	2,521	[1]		7,554	[1]
Amortization of prior service cost, before tax	62	[1]		186	[1]
Amortization of prior service cost, tax	0	[1]		0	[1]
Amortization of prior service cost, net of tax	62	[1]		186	[1]
Total amount reclassified from Accumulated other comprehensive loss, before tax	2,766			8,277
Total amount reclassified from Accumulated other comprehensive loss, tax	-183			-537
Total amount reclassified from Accumulated other comprehensive loss, net of tax	$2,583			$7,740
[1]	Included in the computation of net periodic benefit cost. See Note 10, bNet Periodic Benefit Cost - Defined Benefit Plansb for additional details

Equity_Textuals_Details

Equity Textuals (Details) (USD $)	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 27, 2013
Equity Text [Abstract]
Stock Issued During Period, Shares, New Issues	7,500,000
Stock Issued During Period, Value, New Issues	$331.90
Equity Issuance Costs	12
Contribution to defined benefit pension plan (in shares)	88,200
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	($15.90)

Inventories_Net_Details

Inventories, Net (Details) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Raw materials	$134,311	$154,771
Work in process	96,772	99,459
Finished goods	238,054	263,211
Inventory, Gross	469,137	517,441
Less: customer progress billings	-5,520	-14,571
Less: allowance for excess, slow-moving and obsolete inventory	-10,416	-9,221
Inventories, net	$453,201	$493,649

Debt_Details

Debt (Details) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
Total Debt	$1,521,132	$1,728,311
Less: current portion	-131,657	-34,799
Long-term debt	1,389,475	1,693,512
Term loans [Member]
Debt Instrument [Line Items]
Total Debt	1,484,704	1,682,177
Revolving credit facilities and other [Member]
Debt Instrument [Line Items]
Total Debt	$36,428	$46,134

Debt_Details_Textual

Debt (Details Textual)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013	Feb. 22, 2013	Feb. 22, 2013	Feb. 22, 2013	Feb. 22, 2013	Feb. 22, 2013	Feb. 22, 2013
	USD ($)	A One Facility [Member]	A Two Facility [Member]	A Three Facility [Member]	A Four Facility [Member]	B Facility [Member]	Two Revolving Credit Facility [Member]
		USD ($)	USD ($)	EUR (€)	EUR (€)	USD ($)	USD ($)
DB Credit Facility Term Loans		$408.70	$380	€ 157.60	€ 105.30	$400
Base Rate Loan Interest Rate Margin Percentage, Minimum		0.75%	0.75%	1.50%	1.50%	1.50%	0.75%
Base Rate Loan Interest Rate Margin Percentage, Maximum		1.50%	1.50%	2.25%	2.25%	1.50%	1.50%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		1.75%	1.75%	2.50%	2.50%	2.50%	1.75%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		2.50%	2.50%	3.25%	3.25%	2.50%	2.50%
Write off of Deferred Debt Issuance Cost	2.6
Expenses Incurred During Refinance Of Debt	0.5
Debt discount	40.3
Deferred Finance Costs, Net	15.7
Long-term Debt, Weighted Average Interest Rate	2.61%
Line of Credit Facility, Maximum Borrowing Capacity							500
Line of Credit Facility, Remaining Borrowing Capacity	499.9
DB Letter of Credit Subfacility, Remaining Borrowing Capacity	199.9
Letters of Credit, Maximum Capacity	628.1
Letters of Credit, Amount Outstanding	$362.20

Accrued_Liabilities_Details

Accrued Liabilities (Details) (USD $)	Sep. 27, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Accrued Liabilities [Abstract]
Accrued payroll	$108,640		$99,583
Advance payment from customers	58,050		61,431
Accrued taxes	71,793		34,165
Accrued Asbestos Liability	59,354	[1]	58,501	[1]
Warranty liability - current portion	34,808		35,678
Accrued restructuring liability - current portion	12,162		25,406
Accrued third-party commissions	12,695		12,320
Other	92,611		120,136
Accrued liabilities	$450,113		$447,220
[1]	Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Companybs insurers, which is included in Accrued liabilities in the Condensed Consolidated Balance Sheets.

Accrued_Liabilities_Details_1

Accrued Liabilities (Details 1) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty liability, beginning of period	$40,437	$2,987
Accrued warranty expense	16,633	9,728
Changes in estimates related to pre-existing warranties	-693	15
Cost of warranty service work performed	-14,862	-18,200
Acquisitions	0	47,341
Foreign exchange translation effect	-476	-1,300
Warranty liability, end of period	$41,039	$40,571

Accrued_Liabilities_Details_2

Accrued Liabilities (Details 2) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013
Balance at Beginning of Period	$27,354
Provisions	17,428
Payments	-31,427
Foreign Currency Translation	174
Balance at End of Period	13,529	[1]
Gas and Fluid Handling [Member]
Balance at Beginning of Period	4,237
Provisions	4,744
Payments	-6,481
Foreign Currency Translation	-8
Balance at End of Period	2,492	[1]
Fabrication Technology [Member]
Balance at Beginning of Period	21,595
Provisions	12,684
Payments	-24,749
Foreign Currency Translation	199
Balance at End of Period	9,729	[1]
Corporate and Other [Member]
Balance at Beginning of Period	1,522
Provisions	0
Payments	-197
Foreign Currency Translation	-17
Balance at End of Period	1,308	[1]
Employee Severance [Member] | Gas and Fluid Handling [Member]
Balance at Beginning of Period	3,060	[2]
Provisions	4,014	[2]
Payments	-5,426	[2]
Foreign Currency Translation	-43	[2]
Balance at End of Period	1,605	[1],[2]
Employee Severance [Member] | Fabrication Technology [Member]
Balance at Beginning of Period	14,637	[2]
Provisions	10,661	[2]
Payments	-18,213	[2]
Foreign Currency Translation	275	[2]
Balance at End of Period	7,360	[1],[2]
Facility Closing [Member] | Gas and Fluid Handling [Member]
Balance at Beginning of Period	1,177	[3]
Provisions	529	[3]
Payments	-878	[3]
Foreign Currency Translation	20	[3]
Balance at End of Period	848	[1],[3]
Facility Closing [Member] | Fabrication Technology [Member]
Balance at Beginning of Period	6,925	[3]
Provisions	1,096	[3]
Payments	-5,622	[3]
Foreign Currency Translation	-6	[3]
Balance at End of Period	2,393	[1],[3]
Facility Closing [Member] | Corporate and Other [Member]
Balance at Beginning of Period	1,522	[3]
Provisions	0	[3]
Payments	-197	[3]
Foreign Currency Translation	-17	[3]
Balance at End of Period	1,308	[1],[3]
Other Restructuring [Member] | Gas and Fluid Handling [Member]
Balance at Beginning of Period	0
Provisions	201
Payments	-177
Foreign Currency Translation	15
Balance at End of Period	39	[1]
Other Restructuring [Member] | Fabrication Technology [Member]
Balance at Beginning of Period	33
Provisions	927
Payments	-914
Foreign Currency Translation	-70
Balance at End of Period	($24)	[1]
[1]	As of SeptemberB 27, 2013, $12.2 million and $1.3 million of the Companybs restructuring liability was included in Accrued liabilities and Other liabilities, respectively.
[2]	Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.
[3]	Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.

Accrued_Liabilities_Details_Te

Accrued Liabilities (Details Textual) (USD $)	3 Months Ended
	Sep. 27, 2013	Dec. 31, 2012
Accrued Liabilities [Abstract]
Restructuring and Related Cost, Expected Cost	$20,000,000
Restructuring Reserve, Current	12,162,000	25,406,000
Restructuring Reserve, Noncurrent	$1,300,000

Net_Periodic_Benefit_CostDefin2

Net Periodic Benefit Cost-Defined Benefit Plans (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Pension Benefits-U.S. Plans: [Member]
Service cost	$0	$0	$0	$0
Interest cost	4,352	4,699	13,126	14,044
Expected return on plan assets	-6,192	-6,050	-18,611	-18,093
Amortization	1,964	1,800	5,891	5,400
Net periodic benefit cost	124	449	406	1,351
Pension Benefits-Non U.S. Plans: [Member]
Service cost	598	828	2,420	2,388
Interest cost	11,089	11,638	33,293	34,573
Expected return on plan assets	-8,295	-8,143	-24,785	-24,467
Amortization	626	184	1,857	564
Net periodic benefit cost	4,018	4,507	12,785	13,058
Other Post-Retirement Benefits: [Member]
Service cost	32	50	167	152
Interest cost	229	310	686	949
Amortization	176	232	529	698
Net periodic benefit cost	$437	$592	$1,382	$1,799

Financial_Instruments_and_Fair2

Financial Instruments and Fair Value Measurements (Details) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Cash and Cash Equivalents, Fair Value Disclosure	$299,700	$133,878
Deferred Compensation Plan Assets	2,887	2,542
Deferred Compensation Liability, Current and Noncurrent	2,887	2,542
Business Acquisition, Contingent Consideration, Potential Cash Payment	7,034	6,517
Assets, Fair Value Disclosure	315,599	146,791
Liabilities, Fair Value Disclosure	13,550	13,734
Fair Value, Inputs, Level 1 [Member]
Cash and Cash Equivalents, Fair Value Disclosure	299,700	133,878
Assets, Fair Value Disclosure	299,700	133,878
Fair Value, Inputs, Level 2 [Member]
Deferred Compensation Plan Assets	2,887	2,542
Deferred Compensation Liability, Current and Noncurrent	2,887	2,542
Assets, Fair Value Disclosure	15,899	12,913
Liabilities, Fair Value Disclosure	6,516	7,217
Fair Value, Inputs, Level 3 [Member]
Business Acquisition, Contingent Consideration, Potential Cash Payment	7,034	6,517
Liabilities, Fair Value Disclosure	7,034	6,517
Foreign currency contracts related to sales
Derivative Instruments in Hedges, Assets, at Fair Value	9,049	6,832
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	3,084	2,249
Derivative Instruments in Hedges, Liabilities, at Fair Value	1,308	1,024
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	809	1,693
Foreign currency contracts related to sales | Fair Value, Inputs, Level 2 [Member]
Derivative Instruments in Hedges, Assets, at Fair Value	9,049	6,832
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	3,084	2,249
Derivative Instruments in Hedges, Liabilities, at Fair Value	1,308	1,024
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	809	1,693
Foreign currency contracts related to purchases
Derivative Instruments in Hedges, Assets, at Fair Value	399	213
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	480	1,077
Derivative Instruments in Hedges, Liabilities, at Fair Value	799	896
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	713	1,062
Foreign currency contracts related to purchases | Fair Value, Inputs, Level 2 [Member]
Derivative Instruments in Hedges, Assets, at Fair Value	399	213
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	480	1,077
Derivative Instruments in Hedges, Liabilities, at Fair Value	799	896
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	$713	$1,062

Financial_Instruments_and_Fair3

Financial Instruments and Fair Value Measurements (Details 1) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Total foreign currency derivatives	$693,213	$698,528
Not Designated As Hedging Instrument [Member]
Foreign currency contracts sold	221,268	301,185
Foreign currency contracts purchased	235,665	121,741
Designated As Hedging Instrument [Member]
Foreign currency contracts sold	187,997	238,537
Foreign currency contracts purchased	$48,283	$37,065

Financial_Instruments_and_Fair4

Financial Instruments and Fair Value Measurements (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Designated As Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$0	$0	$0	($471)
Designated As Hedging Instrument [Member] | Foreign currency contracts related to sales
Unrealized Gain (Loss) on Derivatives	3,248	3,070	2,658	822
Foreign Currency Transaction Gain (Loss), Realized	3,355	1,757	-116	1,077
Designated As Hedging Instrument [Member] | Foreign currency contracts related to purchases
Unrealized Gain (Loss) on Derivatives	908	497	-145	-352
Foreign Currency Transaction Gain (Loss), Realized	-1,425	-579	76	-344
Designated As Hedging Instrument [Member] | Net Investment Hedging [Member]
Unrealized Gain (Loss) on Derivatives	-13,562	-2,760	-6,299	-2,764
Not Designated As Hedging Instrument [Member] | Foreign currency contracts related to sales
Unrealized Gain (Loss) on Derivatives	2,765	1,774	1,495	154
Foreign Currency Transaction Gain (Loss), Realized	1,940	879	1,162	1,789
Not Designated As Hedging Instrument [Member] | Foreign currency contracts related to purchases
Unrealized Gain (Loss) on Derivatives	63	-223	513	3
Foreign Currency Transaction Gain (Loss), Realized	-1,121	1	579	-33
Not Designated As Hedging Instrument [Member] | Acquisition Related [Member]
Foreign Currency Transaction Gain (Loss), Realized	$0	$0	$0	($7,177)

Financial_Instruments_and_Fair5

Financial Instruments and Fair Value Measurements (Details 3) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012
Balance at January 1, 2013	$6,517
Additions to Contingent Consideration	3,592
Interest Accretion	425
Cash payment	-3,500	0
Balance at September 27, 2013	$7,034

Financial_Instruments_and_Fair6

Financial Instruments and Fair Value Measurements (Details Textual) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Billions, unless otherwise specified
Financial Instruments and Fair Value Measurements [Abstract]
Long-term Debt, Fair Value	$1.50	$1.70

Commitments_and_Contingencies_1

Commitments and Contingencies (Details)	9 Months Ended
	Sep. 27, 2013		Sep. 28, 2012
	Asbestos_claims		Asbestos_claims
Claims unresolved, beginning of period	23,523	[1]	25,281	[1]
Claims filed(2)	3,298	[1],[2]	3,281	[1],[2]
Claims resolved(3)	-3,875	[1],[3]	-4,703	[1],[3]
Claims unresolved, end of period	22,946	[1]	23,859	[1]
[1]	Excludes claims filed by one legal firm that have been badministratively dismissed.b
[2]	Claims filed include all asbestos claims for which notification has been received or a file has been opened.
[3]	Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based upon agreements or understandings in place with counsel for the claimants.

Commitments_and_Contingencies_2

Commitments and Contingencies (Details 1) (USD $)	Sep. 27, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Current asbestos insurance asset(1)	$32,893	[1]	$35,566	[1]
Current asbestos insurance receivable(1)	42,031	[1]	36,778	[1]
Long-term asbestos insurance asset(2)	307,445	[2]	315,363	[2]
Long-term asbestos insurance receivable(2)	20,934	[2]	7,063	[2]
Accrued asbestos liability(3)	59,354	[3]	58,501	[3]
Long-term asbestos liability(4)	$367,493	[4]	$375,493	[4]
[1]	Included in Other current assets in the Condensed Consolidated Balance Sheets.
[2]	Included in Other assets in the Condensed Consolidated Balance Sheets.
[3]	Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Companybs insurers, which is included in Accrued liabilities in the Condensed Consolidated Balance Sheets.
[4]	Included in Other liabilities in the Condensed Consolidated Balance Sheets.

Commitments_and_Contingencies_3

Commitments and Contingencies (Details Textual) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013
Future Claims Period	15 years
Liability for Asbestos and Environmental Claims, Net, Period Increase (Decrease)	$0.60
Asbestos Liability Increase	10.8
Asbestos Insurance Asset Increase	$10.20

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Net sales	$1,014,570	$954,440	$3,035,831	$2,886,459
Income before income taxes	85,262	28,109	227,898	19,561
Interest expense	17,536	23,557	58,879	68,280
Restructuring and other related charges	8,737	15,865	17,428	43,066
Segment operating income (loss)	111,535	67,531	304,205	130,907
Gas Handling [Member]
Net sales	349,485	311,919	977,016	898,081
Fluid Handling [Member]
Net sales	161,875	152,954	476,212	488,618
Welding and Cutting [Member]
Net sales	503,210	489,567	1,582,603	1,499,760
Gas and Fluid Handling [Member]
Net sales	511,360	464,873	1,453,228	1,386,699
Segment operating income (loss)	67,413	33,925	179,341	98,846
Fabrication Technology [Member]
Net sales	503,210	489,567	1,582,603	1,499,760
Segment operating income (loss)	57,583	43,855	161,478	106,262
Corporate and Other [Member]
Segment operating income (loss)	($13,461)	($10,249)	($36,614)	($74,201)