Enovis (ENOV) 10-Q22 Oct 152015 Q3 Quarterly reportFinancial data

Company Profile

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION	9 Months Ended
DOCUMENT AND ENTITY INFORMATION	Sep. 25, 2015shares
Document and Entity Information [Abstract]
Entity Registrant Name	Colfax CORP
Entity Central Index Key	1,420,800
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Trading Symbol	cfx
Entity Common Stock, Shares Outstanding	124,232,426
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 25, 2015
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,015

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Income Statement [Abstract]
Net sales		$ 969,144	$ 1,164,453	$ 2,905,589	$ 3,418,120
Cost of sales		673,270	791,258	1,987,240	2,331,122
Gross profit		295,874	373,195	918,349	1,086,998
Selling, general and administrative expense		237,248	245,441	673,109	756,052
Restructuring and other related charges	[1]	13,071	8,948	25,658	28,734
Operating income		45,555	118,806	219,582	302,212
Interest expense	[1]	10,857	14,935	37,150	40,881
Income before income taxes	[1]	34,698	103,871	182,432	261,331
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability					(22,700)
Provision for (benefit from) income taxes		11,153	22,568	43,783	(73,153)
Net income		23,545	81,303	138,649	334,484
Less: income attributable to noncontrolling interest, net of taxes		5,186	7,914	15,107	22,520
Net income attributable to Colfax Corporation		18,359	73,389	123,542	311,964
Dividends on preferred stock		0	0	0	2,348
Preferred stock conversion inducement payment		0	0	0	19,565
Net income available to Colfax Corporation common shareholders		$ 18,359	$ 73,389	$ 123,542	$ 290,051
Net income per share - basic		$ 0.15	$ 0.59	$ 0.99	$ 2.41
Net income per share - diluted		$ 0.15	$ 0.59	$ 0.99	$ 2.38

[1]	The following is a reconciliation of Income before income taxes to segment operating income:

CONDENSED CONSOLIDATED STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 23,545	$ 81,303	$ 138,649	$ 334,484
Other comprehensive loss:
Foreign currency translation	(145,177)	(203,135)	(217,418)	(162,253)
Unrealized (loss) gain on hedging activities, net of tax of $1,641, $3,226, $16,069 and $3,351	(6,830)	16,315	5,429	19,439
Changes in deferred tax related to pension and other postretirement benefit cost	0	0	3,817	1,934
Amounts reclassified from Accumulated other comprehensive loss:
Net pension and other postretirement benefit cost (income), net of tax of $903, $2,153, $3,574 and $2,458	1,813	(289)	5,887	3,345
Other comprehensive loss	(150,194)	(187,109)	(202,285)	(137,535)
Comprehensive (loss) income	(126,649)	(105,806)	(63,636)	196,949
Less: comprehensive (loss) income attributable to noncontrolling interest	(6,790)	1,844	(1,434)	15,354
Comprehensive (loss) income attributable to Colfax Corporation	$ (119,859)	$ (107,650)	$ (62,202)	$ 181,595

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME [Parenthetical] - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Statement of Comprehensive Income [Abstract]
Unrealized (loss) gain on hedging activities, tax		$ 1,641	$ 3,226	$ 16,069	$ 3,351
Net pension and other postretirement benefit cost (income), tax	[1]	$ 903	$ 2,153	$ 3,574	$ 2,458

[1]	Included in the computation of net periodic benefit (income) cost. See Note 11, "Net Periodic Benefit Cost - Defined Benefit Plans" for additional details.

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 221,247	$ 305,448
Trade receivables, less allowance for doubtful accounts of $36,905 and $27,256	990,452	1,029,150
Inventories, net	449,891	442,732
Other current assets	337,502	323,148
Total current assets	1,999,092	2,100,478
Property, plant and equipment, net	664,200	727,435
Goodwill	2,876,011	2,873,023
Intangible assets, net	1,004,232	1,043,583
Other assets	496,361	491,842
Total assets	7,039,896	7,236,361
LIABILITIES AND EQUITY
Current portion of long-term debt	16,517	9,855
Accounts payable	735,310	780,287
Accrued liabilities	453,599	496,207	[1]
Total current liabilities	1,205,426	1,286,349
Long-term debt, less current portion	1,532,267	1,526,955
Other liabilities	998,172	1,070,613
Total liabilities	3,735,865	3,883,917
Equity:
Common stock, $0.001 par value; 400,000,000 shares authorized; 124,232,426 and 123,730,578 issued and outstanding	124	124
Additional paid-in capital	3,219,262	3,200,832
Retained earnings	513,103	389,561
Accumulated other comprehensive loss	(629,435)	(443,691)
Total Colfax Corporation equity	3,103,054	3,146,826
Noncontrolling interest	200,977	205,618
Total equity	3,304,031	3,352,444
Total liabilities and equity	$ 7,039,896	$ 7,236,361

[1]	During the nine months ended September 25, 2015 the Company retrospectively adjusted provisional amounts with respect to an acquisition completed during the three months ended June 27, 2014 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. See Note 3, "Acquisitions" for further discussion regarding these adjustments.

CONDENSED CONSOLIDATED BALANCE6

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Trade receivables, allowance for doubtful accounts	$ 36,905	$ 27,256
Common Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares, Issued	124,232,426	123,730,578
Common Stock, Shares, Outstanding	124,232,426	123,730,578

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - 9 months ended Sep. 25, 2015 - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]
Balance at Dec. 31, 2014	$ 3,352,444	$ 124	$ 3,200,832	$ 389,561	$ (443,691)	$ 205,618
Shares, Outstanding at Dec. 31, 2014		123,730,578
Net Income Attributable to Parent	123,542			123,542
Net Income Attributable to Noncontrolling Interest	15,107					15,107
Net Income	138,649
Distributions to noncontrolling owners	(3,207)					(3,207)
Other comprehensive loss, net of tax of $15.8 million	(202,285)				(185,744)	(16,541)
Common stock-based award activity	15,002		15,002
Common stock-based award activity (in shares)		435,848
Contribution to defined benefit pension plan	$ 3,428		3,428
Contribution to defined benefit pension plan (in shares)	66,000	66,000
Shares, Outstanding at Sep. 25, 2015		124,232,426
Balance at Sep. 25, 2015	$ 3,304,031	$ 124	$ 3,219,262	$ 513,103	$ (629,435)	$ 200,977

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENT OF EQUITY Statement of Stockholders' Equity [Parenthetical] $ in Millions	9 Months Ended
	Sep. 25, 2015USD ($)
Statement of Stockholders' Equity [Parenthetical] [Abstract]
Other comprehensive loss, tax	$ 15.8

CONDENSED CONSOLIDATED STATEME9

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014
Statement of Cash Flows [Abstract]
Net income	$ 138,649	$ 334,484
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and impairment charges	110,776	129,448
Stock-based compensation expense	11,886	13,081
Non-cash interest expense	10,099	6,990
Deferred income tax provision (benefit)	15	(151,788)
Changes in operating assets and liabilities:
Trade receivables, net	(38,972)	(38,666)
Inventories, net	(20,967)	5,200
Accounts payable	3,710	(82,874)
Changes in other operating assets and liabilities	(63,058)	(14,353)
Net cash provided by operating activities	152,138	201,522
Cash flows from investing activities:
Purchases of fixed assets, net	(32,729)	(59,050)
Acquisitions, net of cash acquired	(184,500)	(948,800)
Net cash used in investing activities	(217,229)	(1,007,850)
Cash flows from financing activities:
Borrowings under term credit facility	750,000	150,000
Payments under term credit facility	(1,223,497)	0
Proceeds from borrowings on revolving credit facilities and other	1,328,332	1,093,151
Repayments of borrowings on revolving credit facilities and other	(835,232)	(1,023,565)
Proceeds from issuance of common stock, net	3,116	612,982
Preferred stock conversion inducement payment	0	(19,565)
Payments of dividend on preferred stock	0	(3,853)
Other	(9,796)	(22,250)
Net cash provided by financing activities	12,923	786,900
Effect of foreign exchange rates on Cash and cash equivalents	(32,033)	(5,253)
Decrease in Cash and cash equivalents	(84,201)	(24,681)
Cash and cash equivalents, beginning of period	305,448	311,301
Cash and cash equivalents, end of period	$ 221,247	$ 286,620

General (Text Block)

General (Text Block)	9 Months Ended
General (Text Block)	Sep. 25, 2015
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, 2014 is derived from the Company's audited financial statements. During the nine months ended September 25, 2015 , adjustments were made retrospectively to provisional amounts recorded as of December 31, 2014 , primarily due to the Company's valuation of specific items related to an acquisition that occurred in the three months ended June 27, 2014. 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, 2014 (the "2014 Form 10-K"), filed with the SEC on February 17, 2015 . The Condensed Consolidated Financial Statements reflect, in the opinion of management, all adjustments, which 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 September 25, 2015 , the Company's Allowance for doubtful accounts was increased in recognition of uncertain economic conditions present in certain South American territories. One specific customer accounted for approximately $8.1 million of this increase. The results of operations for the three and nine months ended September 25, 2015 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 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 and December holiday seasons. General economic conditions may, however, impact future seasonal variations.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements (Text Block)	9 Months Ended
Recently Issued Accounting Pronouncements (Text Block)	Sep. 25, 2015
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)" ("ASU No. 2014-09"). ASU No. 2014-09 clarifies the principles for recognizing revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance affects entities that enter into contracts with customers to transfer goods or services, and supersedes prior GAAP guidance, namely Accounting Standards Codification Topic 605—Revenue Recognition. In August 2015, the FASB issued ASU No. 2015-14, "Revenue from Contracts with Customers (Topic 606)", which delays the effective date of ASU No. 2014-09 by one year. As a result, ASU No. 2014-09 will be effective for fiscal years beginning after December 15, 2017, with early adoption permitted but not prior to the original effective date of annual periods beginning after December 15, 2016. ASU 2014-09 is to be applied retrospectively, or on a modified retrospective basis. The Company is currently evaluating the impact of adopting ASU No. 2014-09 on its Consolidated Financial Statements. In April 2015, the FASB issued ASU No. 2015-03, "Interest—Imputation of Interest (Subtopic 835-30)" ("ASU No. 2015-03"). ASU No. 2015-03 aims to simplify the presentation of debt issuance costs by requiring debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. Currently, debt issuance costs are presented as a deferred charge under GAAP. ASU No. 2015-03 is effective for fiscal years beginning after December 15, 2015, and is to be applied retrospectively, with early adoption permitted. The Company has early adopted ASU No. 2015-03 during the nine months ended September 25, 2015 resulting in $2.5 million of debt issuance costs presented as a direct deduction to the Company's Long-term debt in the Condensed Consolidated Balance Sheet as of September 25, 2015 . The retrospective application of ASU No. 2015-03 decreased Other assets and Long-term debt by $2.4 million in the Condensed Consolidated Balance Sheet as of December 31, 2014 . The Company has applied the provisions of ASU No. 2015-15, "Interest—Imputation of Interest (Subtopic 835-30)" and presents deferred costs associated with its line-of-credit agreements as an asset in the Condensed Consolidated Balance Sheet. In May 2015, the FASB issued Accounting Standards Update No. 2015-07, "Fair Value Measurement (Topic 820)—Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (Subtopic 835-30)" ("ASU No. 2015-07"). ASU No. 2015-07 aims to remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. ASU 2015-07 also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Investments that calculate net asset value per share (or its equivalent), but for which the practical expedient is not applied will continue to be included in the fair value hierarchy along with the related required disclosures. ASU No. 2015-07 is effective for fiscal years beginning after December 15, 2015, and is to be applied retrospectively, with early adoption permitted. The Company plans to early adopt ASU No. 2015-07 in the Notes to Financial Statements as of December 31, 2015 and will apply the disclosure provisions of ASU 2015-07 to all investments measured using the net asset value per share practical expedient. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, "Inventory (Topic 330)—Simplifying the Measurement of Inventory" ("ASU No. 2015-11"). ASU No. 2015-11 requires an entity to measure inventory at the lower of cost and net realizable value, except for inventory that is measured using the last-in, first-out method or the retail inventory method. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. ASU No. 2015-11 is effective for fiscal years beginning after December 15, 2016 and is to be applied prospectively with early adoption permitted. The Company is currently evaluating the impact of adopting ASU No. 2015-11 on its Consolidated Financial Statements. In September 2015, the FASB issued Accounting Standards Update No. 2015-16, "Business Combinations (Topic 805)— Simplifying the Accounting for Measurement-Period Adjustments" ("ASU No. 2015-16"). ASU No. 2015-16 aims to simplify measurement period adjustments resulting from business combinations by requiring that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date, will be recorded in the same period's financial statements as the measurement period adjustment. ASU No. 2015-16 is effective for fiscal years beginning after December 15, 2015, and is to be applied prospectively to adjustments to provisional amounts that occur after the effective date of ASU No. 2015-16. The Company will adopt ASU No. 2015-16 prospectively in the fiscal period beginning after December 15, 2015.

Acquisitions (Notes)

Acquisitions (Notes)	9 Months Ended
Acquisitions (Notes)	Sep. 25, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions On June 30, 2015 , Colfax completed the acquisition of the Roots TM blowers and compressors business unit ("Roots"), also known as Industrial Air & Gas Technologies, from GE Oil & Gas (the "Roots Acquisition") for cash consideration of approximately $185 million , subject to certain purchase price adjustments. Roots is a leading supplier of blower and compressor technologies which service a broad range of end markets, including wastewater treatment, chemical production, and power generation. The acquisition of Roots will build on Howden's global strength in compressors and blowers and will add important application expertise and product solutions to the portfolio. On April 14, 2014 , Colfax completed the acquisition of Victor Technologies Holdings, Inc. (the "Victor Acquisition"). During the nine months ended September 25, 2015 , the Company retrospectively adjusted provisional amounts with respect to the Victor 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 nine months ended September 25, 2015 increased the Goodwill balance by $0.1 million , primarily due to finalization of the Company's valuation of certain deferred tax assets and liabilities offset by finalization of the valuation of certain fixed assets and an adjustment to a VAT tax position in a specific foreign entity.

Goodwill and Intangibles (Text

Goodwill and Intangibles (Text Block)	9 Months Ended
Goodwill and Intangibles (Text Block)	Sep. 25, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	Goodwill and Intangible Assets During the three months ended September 25, 2015 , an analysis was performed to evaluate certain intangible assets related to specific operations within the Company due to a decline in anticipated performance at the operations associated with those assets. The analysis determined an indefinite-lived trade name within the Company's fabrication technology segment, was no longer recoverable based upon relief from royalty measurements. The analysis resulted in a $1.5 million impairment loss. A finite-lived intangible asset associated with customer relationships at a specific operation within the gas- and fluid-handling segment, was determined to be no longer recoverable based upon projected net cash flows, resulting in a $1.7 million impairment loss. The impairment losses were included in Selling, general and administrative expense in the accompanying Condensed Consolidated Statements of Income for the three and nine months ended September 25, 2015 . On June 30, 2015 , the Company completed the acquisition of Roots, resulting in recognition of $84.1 million of Goodwill within the Company's gas- and fluid- handling segment, based on the preliminary purchase price allocation of the estimated fair values of the assets acquired and liabilities assumed at the date of the Roots Acquisition. These amounts are based upon certain valuations, studies and analyses that have yet to be finalized, and, accordingly, the assets acquired and liabilities assumed are subject to adjustment once the detailed analyses are completed. See Note 3, “Acquisitions” for additional information regarding the Roots Acquisition.

Net Income Per Share (Text Bloc

Net Income Per Share (Text Block)	9 Months Ended
Net Income Per Share (Text Block)	Sep. 25, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Net Income Per Share Net income per share available to Colfax Corporation common shareholders was computed as follows: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands, except share data) Computation of Net income per share - basic: Net income available to Colfax Corporation common shareholders $ 18,359 $ 73,389 $ 123,542 $ 290,051 Weighted-average shares of Common stock outstanding - basic 124,404,267 123,841,699 124,205,441 120,163,945 Net income per share - basic $ 0.15 $ 0.59 $ 0.99 $ 2.41 Computation of Net income per share - diluted: Net income available to Colfax Corporation common shareholders $ 18,359 $ 73,389 $ 123,542 $ 290,051 Weighted-average shares of Common stock outstanding - basic 124,404,267 123,841,699 124,205,441 120,163,945 Net effect of potentially dilutive securities - stock options and restricted stock units 628,000 1,538,867 928,165 1,605,381 Weighted-average shares of Common stock outstanding - diluted (1) 125,032,267 125,380,566 125,133,606 121,769,326 Net income per share - diluted $ 0.15 $ 0.59 $ 0.99 $ 2.38 (1) For the period from January 1, 2014 through February 12, 2014, Net income per share - diluted was calculated consistently with the if-converted method in accordance with GAAP until the outstanding shares of Series A Perpetual Convertible Preferred Stock were converted to Common stock on February 12, 2014. However, weighted-average shares outstanding - diluted for the nine months ended September 26, 2014 excludes the weighted average effect of 1.9 million Common stock equivalents for the period from January 1, 2014 through February 12, 2014, 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 three months ended September 25, 2015 and September 26, 2014 excludes approximately 3.2 million and 1.0 million of 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 25, 2015 and September 26, 2014 excludes approximately 2.5 million and 0.7 million of outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive.

Income Taxes (Text Block)

Income Taxes (Text Block)	9 Months Ended
Income Taxes (Text Block)	Sep. 25, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Income Taxes During the three months ended September 25, 2015 , Income before income taxes was $34.7 million and the Provision for income taxes was $11.2 million . The effective tax rate of 32.1% for the three months ended September 25, 2015 differs from the U.S. federal statutory rate primarily due to international tax rates, which are lower than the U.S. tax rate, offset in part by losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2015 . During the nine months ended September 25, 2015 , Income before income taxes was $182.4 million and the Provision for income taxes was $43.8 million . The effective tax rate of 24.0% for the nine months ended September 25, 2015 differs from the U.S. federal statutory rate primarily due to a tax benefit of $13.0 million associated with the resolution of a certain liability for unrecognized tax benefits and international tax rates, which are lower than the U.S. tax rate, offset in part by losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2015 . During the three months ended September 26, 2014 , Income before income taxes was $103.9 million and the Provision for income taxes was $22.6 million . The effective tax rate of 21.7% for the three months ended September 26, 2014 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 decrease in the valuation allowance against U.S. pre-tax income during the period. Income before income taxes was $261.3 million and the Benefit from income taxes was $73.2 million for the nine months ended September 26, 2014 . The Benefit from income taxes for the nine months ended September 26, 2014 was impacted by the reassessment of the realizability of certain deferred tax assets as a result of the effect of the Victor Acquisition on expected future income. This reassessment resulted in a decrease in the Company’s valuation allowance against U.S. deferred tax assets. The reduction in the valuation allowance created a non-cash income tax benefit for the nine months ended September 26, 2014 of approximately $120 million . Additionally, a tax benefit of $22.7 million was included in Benefit from income taxes in the Condensed Consolidated Statement of Income for the nine months ended September 26, 2014 associated with the resolution of a liability for unrecognized tax benefits. These items are the principal reasons for a tax benefit rather than a tax provision, which would result from the application of the U.S. federal statutory rate to the reported Income before income taxes for the nine months ended September 26, 2014 .

Equity (Text Block)

Equity (Text Block)	9 Months Ended
Equity (Text Block)	Sep. 25, 2015
Equity [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	Equity Common Stock On May 21, 2015, the Company contributed 66,000 shares of newly issued Colfax Common stock to its U.S. defined benefit pension plan. Share Repurchase Program On October 11, 2015, the Company’s Board of Directors authorized the repurchase of up to $100.0 million of the Company’s Common stock from time-to-time on the open market or in privately negotiated transactions. The repurchase program is authorized until December 31, 2016. The timing and amount of shares repurchased is to be determined by management based on its evaluation of market conditions and other factors. Since October 16, 2015, the Company has repurchased 663,349 shares of the Company’s Common stock in open market transactions through the close of business on October 21, 2015. Accumulated Other Comprehensive Loss The following tables present the changes in the balances of each component of Accumulated other comprehensive loss including reclassifications out of Accumulated other comprehensive loss for the nine months ended September 25, 2015 and September 26, 2014 . 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 Gain On Hedging Activities Total (In thousands) Balance at January 1, 2015 $ (240,513 ) $ (227,059 ) $ 23,881 $ (443,691 ) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment 6,090 (198,347 ) (365 ) (192,622 ) Loss on long-term intra-entity foreign currency transactions — (8,203 ) — (8,203 ) Gain on net investment hedges — — 8,727 8,727 Unrealized loss on cash flow hedges — — (3,350 ) (3,350 ) Other 3,817 — — 3,817 Other comprehensive income (loss) before reclassifications 9,907 (206,550 ) 5,012 (191,631 ) Amounts reclassified from Accumulated other comprehensive loss 5,887 — — 5,887 Net current period Other comprehensive income (loss) 15,794 (206,550 ) 5,012 (185,744 ) Balance at September 25, 2015 $ (224,719 ) $ (433,609 ) $ 28,893 $ (629,435 ) 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) Balance at January 1, 2014 $ (163,092 ) $ 123,021 $ (6,529 ) $ (46,600 ) Acquisition of shares held by noncontrolling interest — (942 ) — (942 ) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment 2,440 (158,600 ) (8 ) (156,168 ) Gain on long-term intra-entity foreign currency transactions — 1,083 — 1,083 Gain on net investment hedges — — 25,013 25,013 Unrealized loss on cash flow hedges — — (5,576 ) (5,576 ) Other 1,934 — — 1,934 Other comprehensive income (loss) before reclassifications 4,374 (157,517 ) 19,429 (133,714 ) Amounts reclassified from Accumulated other comprehensive loss 3,345 — — 3,345 Net current period Other comprehensive income (loss) 7,719 (157,517 ) 19,429 (130,369 ) Balance at September 26, 2014 $ (155,373 ) $ (35,438 ) $ 12,900 $ (177,911 ) The effect on Net income of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and nine months ended September 25, 2015 and September 26, 2014 is as follows: Three Months Ended September 25, 2015 Nine Months Ended September 25, 2015 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) $ 2,662 $ (903 ) $ 1,759 $ 9,276 $ (3,574 ) $ 5,702 Amortization of prior service cost (1) 54 — 54 185 — 185 $ 2,716 $ (903 ) $ 1,813 $ 9,461 $ (3,574 ) $ 5,887 Three Months Ended September 26, 2014 Nine Months Ended September 26, 2014 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) $ 1,801 $ (2,153 ) $ (352 ) $ 5,616 $ (2,458 ) $ 3,158 Amortization of prior service cost (1) 63 — 63 187 — 187 $ 1,864 $ (2,153 ) $ (289 ) $ 5,803 $ (2,458 ) $ 3,345 (1) Included in the computation of net periodic benefit (income) cost. See Note 11 , "Net Periodic Benefit Cost - Defined Benefit Plans" for additional details. During the nine months ended September 25, 2015 and September 26, 2014 , Noncontrolling interest decreased by $16.5 million and $7.2 million , respectively, as a result of Other comprehensive loss, primarily due to foreign currency translation adjustment.

Inventories, Net (Text Block)

Inventories, Net (Text Block)	9 Months Ended
Inventories, Net (Text Block)	Sep. 25, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Inventories, Net Inventories, net consisted of the following: September 25, 2015 December 31, 2014 (In thousands) Raw materials $ 172,890 $ 164,115 Work in process 75,848 81,110 Finished goods 255,151 239,808 503,889 485,033 Less: customer progress payments (17,417 ) (7,728 ) Less: allowance for excess, slow-moving and obsolete inventory (36,581 ) (34,573 ) Inventories, net $ 449,891 $ 442,732

Debt (Text Block)

Debt (Text Block)	9 Months Ended
Debt (Text Block)	Sep. 25, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt Long-term debt consisted of the following: September 25, 2015 December 31, 2014 (In thousands) Term loans $ 722,189 $ 1,210,474 Trade receivables financing arrangement 80,000 80,000 Revolving credit facilities and other 746,595 246,336 Total Debt 1,548,784 1,536,810 Less: current portion (16,517 ) (9,855 ) Long-term debt $ 1,532,267 $ 1,526,955 On June 5, 2015, the Company entered into a credit agreement (the "Credit Agreement") by and among the Company, as the borrower, certain U.S. subsidiaries of the Company identified therein, as guarantors, each of the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent, swing line lender and global coordinator. The proceeds of the loans under the Credit Agreement were used by the Company to repay in full its preexisting senior secured credit facility, 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 "Deutsche Bank Credit Agreement"), as well as for working capital and general corporate purposes. The Credit Agreement consists of a term loan in an aggregate amount of $750.0 million (the "Term Loan") and a revolving credit facility (the "Revolver"), each of which matures in five years. The Revolver contains a $50.0 million swing line loan sub-facility. On September 25, 2015, the Company entered into an Increase Agreement, as provided for under the terms of the Credit Agreement. Under the Increase Agreement, the Company increased the Revolver by $300.0 million , resulting in a total Revolver commitment under the Credit Agreement of $1.3 billion . The Term Loan and the Revolver bear interest, at the election of the Company, at either the base rate (as defined in the Credit Agreement) or the Eurocurrency rate (as defined in the Credit Agreement), in each case, plus the applicable interest rate margin. The Term Loan and the Revolver initially bear interest either at the Eurocurrency rate plus 1.50% or at the base rate plus 0.50% , and in future quarters will bear interest either at the Eurocurrency rate or the base rate plus the applicable interest rate margin based upon either, whichever results in the lower applicable interest rate margin (subject to certain exceptions), the Company's total leverage ratio and the corporate family rating of the Company as determined by Standard & Poor's and Moody's (ranging from 1.25% to 2.00% , in the case of the Eurocurrency margin, and 0.25% to 1.00% , in the case of the base rate margin). Each swing line loan denominated in dollars will bear interest at the base rate plus the applicable interest rate margin and each swing line loan denominated in any other currency available under the credit facility will bear interest at the Eurocurrency rate plus the applicable interest rate margin. In conjunction with the Credit Agreement, the Company recorded a charge to Interest expense in the Condensed Consolidated Statement of Income for the nine months ended September 25, 2015 of $4.7 million to write-off certain deferred financing fees and original issue discount and expensed approximately $0.4 million of costs incurred in connection with the refinancing of the Deutsche Bank Credit Agreement. The Company had an original issue discount of $6.5 million and deferred financing fees of $9.4 million included in its Condensed Consolidated Balance Sheet as of September 25, 2015 , which will be accreted to Interest expense primarily using the effective interest method, over the life of the Credit Agreement. As of September 25, 2015 , the weighted-average interest rate of borrowings under the Credit Agreement was 1.70% , excluding accretion of original issue discount, and there was $586.5 million available on the revolving credit facility. The Company is also party to letter of credit facilities with total capacity of $736.1 million . Total letters of credit of $363.1 million were outstanding as of September 25, 2015 . On December 22, 2014, the Company entered into a receivables financing facility, pursuant to which it established a wholly owned, special purpose bankruptcy-remote subsidiary which purchases trade receivables from certain of the Company's subsidiaries on an ongoing basis and pledges them to support its obligation as borrower under the receivables financing facility. This special purpose subsidiary has a separate legal existence from its parent and its assets are not available to satisfy the claims of creditors of the selling subsidiaries or any other member of the consolidated group. Availability of funds may fluctuate over time given changes in eligible receivable balances, but will not exceed the $80.0 million program limit. As of September 25, 2015 , the total outstanding borrowings under the receivables financing facility were $80.0 million and the interest rate was 0.9% . The scheduled termination date for the receivables financing facility is December 21, 2015, which may be extended from time to time. The facility contains representations, warranties, covenants and indemnities customary for facilities of this type. The facility does not contain any covenants that the Company views as materially constraining to the activities of its business. The contractual maturities of the Company's debt as of September 25, 2015 are as follows (1) : (In thousands) Remainder of 2015 $ 15,582 2016 5,620 2017 4,452 2018 4,142 2019 35,550 2020 1,492,500 Total contractual maturities 1,557,846 Debt discount (2) (9,062 ) Total debt $ 1,548,784 (1) Represents scheduled payments required under the Credit Agreement through June 5, 2020, as well as the contractual maturities of other debt outstanding as of September 25, 2015 , and reflects management's intention to repay scheduled maturities of the term loans outstanding under the Credit Agreement and the trade receivables financing arrangement (if not extended) with proceeds from the revolving credit facility. (2) Includes $2.5 million of deferred debt issuance costs pursuant to the adoption of ASU 2015-03. See Note 2, "Recently Issued Accounting Pronouncements" for further discussion. Certain U.S. subsidiaries of the Company have agreed to guarantee the obligations of the Company under the Credit Agreement. The Credit Agreement contains customary covenants limiting the ability of the Company and its subsidiaries to, among other things, incur debt or liens, merge or consolidate with others, dispose of assets, make investments or pay dividends. In addition, the Credit Agreement contains financial covenants requiring the Company to maintain a total leverage ratio, as defined therein, of not more than 3.5 to 1.0 and minimum interest coverage ratio, as defined therein, of 3.0 to 1.0, measured at the end of each quarter. The Credit Agreement contains various events of default (including failure to comply with the covenants under the Credit Agreement and related agreements) and upon an event of default the lenders may, subject to various customary cure rights, require the immediate payment of all amounts outstanding under the Term Loan and the Revolver. As of September 25, 2015, the Company is in compliance with the covenants under the Credit Agreement.

Accrued Liabilities (Text Block

Accrued Liabilities (Text Block)	9 Months Ended
Accrued Liabilities (Text Block)	Sep. 25, 2015
Accrued Liabilities [Abstract]
Accrued Liabilities Disclosure [Text Block]	Accrued Liabilities Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following: September 25, 2015 December 31, 2014 (1) (In thousands) Accrued payroll $ 128,700 $ 120,068 Advance payments from customers 50,577 58,049 Accrued taxes and deferred tax liability - current portion 49,037 58,823 Accrued asbestos-related liability 51,539 50,175 Warranty liability - current portion 40,531 47,966 Accrued restructuring liability - current portion 11,549 21,846 Accrued third-party commissions 10,535 11,026 Other 111,131 128,254 Accrued liabilities $ 453,599 $ 496,207 (1) During the nine months ended September 25, 2015 the Company retrospectively adjusted provisional amounts with respect to an acquisition completed during the three months ended June 27, 2014 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. See Note 3, "Acquisitions" for further discussion regarding these adjustments. Warranty Liability The activity in the Company's warranty liability consisted of the following: Nine Months Ended September 25, 2015 September 26, 2014 (In thousands) Warranty liability, beginning of period $ 51,135 $ 65,512 Accrued warranty expense 14,392 14,814 Changes in estimates related to pre-existing warranties (2,467 ) (4,612 ) Cost of warranty service work performed (18,657 ) (20,111 ) Acquisition 321 4,488 Foreign exchange translation effect (3,142 ) (6,781 ) Warranty liability, end of period $ 41,582 $ 53,310 Accrued Restructuring Liability The Company's restructuring programs include a series of restructuring actions to reduce the structural costs of the Company. 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 25, 2015 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) $ 7,551 $ 6,172 $ (10,900 ) $ (452 ) $ 2,371 Facility closure costs (2) 1,445 3,472 (2,951 ) (161 ) 1,805 8,996 9,644 (13,851 ) (613 ) 4,176 Non-cash impairment 1,918 11,562 Fabrication Technology: Termination benefits (1) 11,155 8,604 (12,502 ) (323 ) 6,934 Facility closure costs (2) 1,937 5,492 (6,424 ) (166 ) 839 13,092 14,096 (18,926 ) (489 ) 7,773 Corporate and Other: Facility closure costs (2) 922 — (184 ) (25 ) 713 922 — (184 ) (25 ) 713 $ 23,010 23,740 $ (32,961 ) $ (1,127 ) $ 12,662 Non-cash impairment 1,918 $ 25,658 (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 25, 2015 , $11.5 million and $1.2 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 $40 million during the remainder of 2015 related to these restructuring activities.

Net Periodic Benefit Cost-Defin

Net Periodic Benefit Cost-Defined Benefit Plans (Text Block)	9 Months Ended
	Sep. 25, 2015
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 (income) cost of the Company's defined benefit pension plans and other post-retirement employee benefit plans: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Pension Benefits-U.S. Plans: Service cost $ — $ — $ — $ — Interest cost 4,128 4,796 12,709 14,118 Expected return on plan assets (6,150 ) (6,180 ) (18,189 ) (18,114 ) Amortization 1,665 1,298 5,464 3,894 Net periodic benefit income $ (357 ) $ (86 ) $ (16 ) $ (102 ) Pension Benefits-Non U.S. Plans: Service cost $ 947 $ 1,127 $ 2,972 $ 3,039 Interest cost 9,563 12,717 29,099 37,804 Expected return on plan assets (8,485 ) (10,937 ) (26,294 ) (32,580 ) Amortization 907 456 3,486 1,579 Net periodic benefit cost $ 2,932 $ 3,363 $ 9,263 $ 9,842 Other Post-Retirement Benefits: Service cost $ 49 $ 21 $ 151 $ 94 Interest cost 248 288 887 871 Amortization 144 110 511 330 Net periodic benefit cost $ 441 $ 419 $ 1,549 $ 1,295

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements (Text Block)	9 Months Ended
	Sep. 25, 2015
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 as of both September 25, 2015 and December 31, 2014 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 25, 2015 Level Level Level Total (In thousands) Assets: Cash equivalents $ 22,976 $ — $ — $ 22,976 Foreign currency contracts related to sales - designated as hedges — 1,869 — 1,869 Foreign currency contracts related to sales - not designated as hedges — 1,754 — 1,754 Foreign currency contracts related to purchases - designated as hedges — 1,023 — 1,023 Foreign currency contracts related to purchases - not designated as hedges — 503 — 503 Deferred compensation plans — 3,636 — 3,636 $ 22,976 $ 8,785 $ — $ 31,761 Liabilities: Foreign currency contracts related to sales - designated as hedges $ — $ 6,247 $ — $ 6,247 Foreign currency contracts related to sales - not designated as hedges — 494 — 494 Foreign currency contracts related to purchases - designated as hedges — 354 — 354 Foreign currency contracts related to purchases - not designated as hedges — 641 — 641 Deferred compensation plans — 3,636 — 3,636 $ — $ 11,372 $ — $ 11,372 December 31, 2014 Level Level Level Total (In thousands) Assets: Cash equivalents $ 23,143 $ — $ — $ 23,143 Foreign currency contracts related to sales - designated as hedges — 4,524 — 4,524 Foreign currency contracts related to sales - not designated as hedges — 1,007 — 1,007 Foreign currency contracts related to purchases - designated as hedges — 1,980 — 1,980 Foreign currency contracts related to purchases - not designated as hedges — 478 — 478 Deferred compensation plans — 2,941 — 2,941 $ 23,143 $ 10,930 $ — $ 34,073 Liabilities: Foreign currency contracts related to sales - designated as hedges $ — $ 7,163 $ — $ 7,163 Foreign currency contracts related to sales - not designated as hedges — 2,793 — 2,793 Foreign currency contracts related to purchases - designated as hedges — 695 — 695 Foreign currency contracts related to purchases - not designated as hedges — 661 — 661 Deferred compensation plans — 2,941 — 2,941 $ — $ 14,253 $ — $ 14,253 There were no transfers in or out of Level One, Two or Three during the nine months ended September 25, 2015 . Foreign Currency Contracts As of September 25, 2015 and December 31, 2014 , the Company had foreign currency contracts with the following notional values: September 25, 2015 December 31, 2014 (In thousands) Foreign currency contracts sold - not designated as hedges $ 135,703 $ 124,838 Foreign currency contracts sold - designated as hedges 220,307 250,743 Foreign currency contracts purchased - not designated as hedges 35,377 36,080 Foreign currency contracts purchased - designated as hedges 56,402 53,944 Total foreign currency derivatives $ 447,789 $ 465,605 The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Contracts Designated as Hedges: Foreign Currency Contracts - related to customer sales contracts: Unrealized loss $ (4,354 ) $ (1,054 ) $ (3,846 ) $ (2,212 ) Realized (loss) gain (2,378 ) (3,566 ) 1,124 (3,821 ) Foreign Currency Contracts - related to supplier purchase contracts: Unrealized loss (666 ) (1,661 ) (990 ) (1,910 ) Realized gain 2,072 2,389 122 2,497 Unrealized (loss) gain on net investment hedges (1) (1,485 ) 20,240 8,727 25,013 Contracts Not Designated in a Hedge Relationship: Foreign Currency Contracts - related to customer sales contracts: Unrealized gain (loss) 774 (1,539 ) 3,046 (1,575 ) Realized loss (449 ) (1,312 ) (4,710 ) (3,026 ) Foreign Currency Contracts - related to supplier purchases contracts: Unrealized (loss) gain (342 ) 594 45 (1,863 ) Realized (loss) gain (548 ) 77 (134 ) 1,851 (1) The unrealized (loss) gain on net investment hedges is attributable to the change in valuation of Euro denominated debt.

Commitments and Contingencies (

Commitments and Contingencies (Text Block)	9 Months Ended
Commitments and Contingencies (Text Block)	Sep. 25, 2015
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 15, "Commitments and Contingencies" in the Notes to Consolidated Financial Statements in our 2014 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 September 25, 2015 September 26, 2014 (Number of claims) Claims unresolved, beginning of period 21,681 22,393 Claims filed (2) 3,711 3,586 Claims resolved (3) (3,260 ) (2,916 ) Claims unresolved, end of period 22,132 23,063 (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: September 25, 2015 December 31, 2014 (In thousands) Current asbestos insurance asset (1) $ 31,044 $ 34,540 Long-term asbestos insurance asset (2) 288,582 282,679 Long-term asbestos insurance receivable (2) 87,849 82,340 Accrued asbestos liability (3) 51,539 50,175 Long-term asbestos liability (4) 355,460 346,099 (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 its 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 an 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, the Company recorded a $4.1 million pre-tax charge during the three and nine months ended September 25, 2015 , which was included in Selling, general and administrative expense in the Condensed Consolidated Statements of Income. The pre-tax charge was comprised of an increase in asbestos-related liabilities of $20.2 million partially offset by an increase in expected insurance recoveries of $16.1 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. Various aspects of the final judgments of the Delaware Court of Chancery and Superior Court for a specific subsidiary have been appealed to the Delaware Supreme Court, and an oral argument before the Delaware Supreme Court was held on May 27, 2015. The Delaware Supreme Court has certified certain questions of law to the New York Court of Appeals, New York's highest appellate court, including the question of what allocation methodology should be applied to the subsidiary's policies. In the event that the New York court were to apply a methodology other than "all sums", the subsidiary's future expected recovery would likely be reduced by amounts that we estimate could range from minimal to $30 million . In the litigation involving another subsidiary, the New Jersey Supreme Court refused to grant certification of the appeals, effectively ending the matter. This will have no material impact on the Company's financial condition or results of operations. Other Litigation Matters On April 10, 2015, the Court of Chancery of the State of Delaware dismissed with prejudice, in its entirety and on the merits, the derivative action brought in March 2014 by two alleged stockholders of the Company against our directors, BDT CF Acquisition Vehicle, LLC and BDT Capital Partners, LLC. 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 accruals 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 (Text Block

Segment Information (Text Block)	9 Months Ended
Segment Information (Text Block)	Sep. 25, 2015
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 and Fluid Handling - a global supplier of a broad range of gas- and fluid-handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid-handling systems, controls and specialty valves, 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 (loss), which represents Operating income (loss) before Restructuring and other related charges. The Company's segment results were as follows: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Net sales: Gas and fluid handling $ 481,908 $ 564,650 $ 1,408,992 $ 1,707,539 Fabrication technology 487,236 599,803 1,496,597 1,710,581 $ 969,144 $ 1,164,453 $ 2,905,589 $ 3,418,120 Segment operating income (loss) (1) : Gas and fluid handling $ 26,634 $ 67,261 $ 127,097 $ 168,949 Fabrication technology 42,415 72,152 153,635 203,103 Corporate and other (10,423 ) (11,659 ) (35,492 ) (41,106 ) $ 58,626 $ 127,754 $ 245,240 $ 330,946 (1) The following is a reconciliation of Income before income taxes to segment operating income: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Income before income taxes $ 34,698 $ 103,871 $ 182,432 $ 261,331 Interest expense 10,857 14,935 37,150 40,881 Restructuring and other related charges 13,071 8,948 25,658 28,734 Segment operating income $ 58,626 $ 127,754 $ 245,240 $ 330,946 The detail of the Company's Net sales by product type is as follows: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Gas handling $ 353,562 $ 402,872 $ 1,019,587 $ 1,228,050 Fluid handling 128,345 161,778 389,404 479,489 Welding and cutting 487,237 599,803 1,496,598 1,710,581 Total Net sales $ 969,144 $ 1,164,453 $ 2,905,589 $ 3,418,120

Net Income Per Share (Tables)

Net Income Per Share (Tables)	9 Months Ended
Net Income Per Share (Tables)	Sep. 25, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Net income per share available to Colfax Corporation common shareholders was computed as follows: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands, except share data) Computation of Net income per share - basic: Net income available to Colfax Corporation common shareholders $ 18,359 $ 73,389 $ 123,542 $ 290,051 Weighted-average shares of Common stock outstanding - basic 124,404,267 123,841,699 124,205,441 120,163,945 Net income per share - basic $ 0.15 $ 0.59 $ 0.99 $ 2.41 Computation of Net income per share - diluted: Net income available to Colfax Corporation common shareholders $ 18,359 $ 73,389 $ 123,542 $ 290,051 Weighted-average shares of Common stock outstanding - basic 124,404,267 123,841,699 124,205,441 120,163,945 Net effect of potentially dilutive securities - stock options and restricted stock units 628,000 1,538,867 928,165 1,605,381 Weighted-average shares of Common stock outstanding - diluted (1) 125,032,267 125,380,566 125,133,606 121,769,326 Net income per share - diluted $ 0.15 $ 0.59 $ 0.99 $ 2.38 (1) For the period from January 1, 2014 through February 12, 2014, Net income per share - diluted was calculated consistently with the if-converted method in accordance with GAAP until the outstanding shares of Series A Perpetual Convertible Preferred Stock were converted to Common stock on February 12, 2014. However, weighted-average shares outstanding - diluted for the nine months ended September 26, 2014 excludes the weighted average effect of 1.9 million Common stock equivalents for the period from January 1, 2014 through February 12, 2014, as their inclusion would be anti-dilutive.

Equity (Tables)

Equity (Tables)	9 Months Ended
Equity (Tables)	Sep. 25, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss [Table Text Block]	The following tables present the changes in the balances of each component of Accumulated other comprehensive loss including reclassifications out of Accumulated other comprehensive loss for the nine months ended September 25, 2015 and September 26, 2014 . 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 Gain On Hedging Activities Total (In thousands) Balance at January 1, 2015 $ (240,513 ) $ (227,059 ) $ 23,881 $ (443,691 ) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment 6,090 (198,347 ) (365 ) (192,622 ) Loss on long-term intra-entity foreign currency transactions — (8,203 ) — (8,203 ) Gain on net investment hedges — — 8,727 8,727 Unrealized loss on cash flow hedges — — (3,350 ) (3,350 ) Other 3,817 — — 3,817 Other comprehensive income (loss) before reclassifications 9,907 (206,550 ) 5,012 (191,631 ) Amounts reclassified from Accumulated other comprehensive loss 5,887 — — 5,887 Net current period Other comprehensive income (loss) 15,794 (206,550 ) 5,012 (185,744 ) Balance at September 25, 2015 $ (224,719 ) $ (433,609 ) $ 28,893 $ (629,435 ) 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) Balance at January 1, 2014 $ (163,092 ) $ 123,021 $ (6,529 ) $ (46,600 ) Acquisition of shares held by noncontrolling interest — (942 ) — (942 ) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment 2,440 (158,600 ) (8 ) (156,168 ) Gain on long-term intra-entity foreign currency transactions — 1,083 — 1,083 Gain on net investment hedges — — 25,013 25,013 Unrealized loss on cash flow hedges — — (5,576 ) (5,576 ) Other 1,934 — — 1,934 Other comprehensive income (loss) before reclassifications 4,374 (157,517 ) 19,429 (133,714 ) Amounts reclassified from Accumulated other comprehensive loss 3,345 — — 3,345 Net current period Other comprehensive income (loss) 7,719 (157,517 ) 19,429 (130,369 ) Balance at September 26, 2014 $ (155,373 ) $ (35,438 ) $ 12,900 $ (177,911 )
Amounts reclassified from Accumulated other comprehensive loss [Table Text Block]	The effect on Net income of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and nine months ended September 25, 2015 and September 26, 2014 is as follows: Three Months Ended September 25, 2015 Nine Months Ended September 25, 2015 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) $ 2,662 $ (903 ) $ 1,759 $ 9,276 $ (3,574 ) $ 5,702 Amortization of prior service cost (1) 54 — 54 185 — 185 $ 2,716 $ (903 ) $ 1,813 $ 9,461 $ (3,574 ) $ 5,887 Three Months Ended September 26, 2014 Nine Months Ended September 26, 2014 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) $ 1,801 $ (2,153 ) $ (352 ) $ 5,616 $ (2,458 ) $ 3,158 Amortization of prior service cost (1) 63 — 63 187 — 187 $ 1,864 $ (2,153 ) $ (289 ) $ 5,803 $ (2,458 ) $ 3,345 (1) Included in the computation of net periodic benefit (income) cost. See Note 11 , "Net Periodic Benefit Cost - Defined Benefit Plans" for additional details.

Inventories, Net (Tables)

Inventories, Net (Tables)	9 Months Ended
Inventories, Net (Tables)	Sep. 25, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories, net consisted of the following: September 25, 2015 December 31, 2014 (In thousands) Raw materials $ 172,890 $ 164,115 Work in process 75,848 81,110 Finished goods 255,151 239,808 503,889 485,033 Less: customer progress payments (17,417 ) (7,728 ) Less: allowance for excess, slow-moving and obsolete inventory (36,581 ) (34,573 ) Inventories, net $ 449,891 $ 442,732

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 25, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Long-term debt consisted of the following: September 25, 2015 December 31, 2014 (In thousands) Term loans $ 722,189 $ 1,210,474 Trade receivables financing arrangement 80,000 80,000 Revolving credit facilities and other 746,595 246,336 Total Debt 1,548,784 1,536,810 Less: current portion (16,517 ) (9,855 ) Long-term debt $ 1,532,267 $ 1,526,955
Schedule of Maturities of Long-term Debt [Table Text Block]	The contractual maturities of the Company's debt as of September 25, 2015 are as follows (1) : (In thousands) Remainder of 2015 $ 15,582 2016 5,620 2017 4,452 2018 4,142 2019 35,550 2020 1,492,500 Total contractual maturities 1,557,846 Debt discount (2) (9,062 ) Total debt $ 1,548,784 (1) Represents scheduled payments required under the Credit Agreement through June 5, 2020, as well as the contractual maturities of other debt outstanding as of September 25, 2015 , and reflects management's intention to repay scheduled maturities of the term loans outstanding under the Credit Agreement and the trade receivables financing arrangement (if not extended) with proceeds from the revolving credit facility. (2) Includes $2.5 million of deferred debt issuance costs pursuant to the adoption of ASU 2015-03. See Note 2, "Recently Issued Accounting Pronouncements" for further discussion.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
Accrued Liabilities (Tables)	Sep. 25, 2015
Schedule of Accrued Liabilities [Table Text Block]	Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following: September 25, 2015 December 31, 2014 (1) (In thousands) Accrued payroll $ 128,700 $ 120,068 Advance payments from customers 50,577 58,049 Accrued taxes and deferred tax liability - current portion 49,037 58,823 Accrued asbestos-related liability 51,539 50,175 Warranty liability - current portion 40,531 47,966 Accrued restructuring liability - current portion 11,549 21,846 Accrued third-party commissions 10,535 11,026 Other 111,131 128,254 Accrued liabilities $ 453,599 $ 496,207 (1) During the nine months ended September 25, 2015 the Company retrospectively adjusted provisional amounts with respect to an acquisition completed during the three months ended June 27, 2014 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. See Note 3, "Acquisitions" for further discussion regarding these adjustments.
Schedule of Product Warranty Liability [Table Text Block]	The activity in the Company's warranty liability consisted of the following: Nine Months Ended September 25, 2015 September 26, 2014 (In thousands) Warranty liability, beginning of period $ 51,135 $ 65,512 Accrued warranty expense 14,392 14,814 Changes in estimates related to pre-existing warranties (2,467 ) (4,612 ) Cost of warranty service work performed (18,657 ) (20,111 ) Acquisition 321 4,488 Foreign exchange translation effect (3,142 ) (6,781 ) Warranty liability, end of period $ 41,582 $ 53,310
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 25, 2015 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) $ 7,551 $ 6,172 $ (10,900 ) $ (452 ) $ 2,371 Facility closure costs (2) 1,445 3,472 (2,951 ) (161 ) 1,805 8,996 9,644 (13,851 ) (613 ) 4,176 Non-cash impairment 1,918 11,562 Fabrication Technology: Termination benefits (1) 11,155 8,604 (12,502 ) (323 ) 6,934 Facility closure costs (2) 1,937 5,492 (6,424 ) (166 ) 839 13,092 14,096 (18,926 ) (489 ) 7,773 Corporate and Other: Facility closure costs (2) 922 — (184 ) (25 ) 713 922 — (184 ) (25 ) 713 $ 23,010 23,740 $ (32,961 ) $ (1,127 ) $ 12,662 Non-cash impairment 1,918 $ 25,658 (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 25, 2015 , $11.5 million and $1.2 million of the Company's restructuring liability was included in Accrued liabilities and Other liabilities, respectively.

Net Periodic Benefit Cost-Def29

Net Periodic Benefit Cost-Defined Benefit Plans (Tables)	9 Months Ended
Net Periodic Benefit Cost-Defined Benefit Plans (Tables)	Sep. 25, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	The following table sets forth the components of net periodic benefit (income) cost of the Company's defined benefit pension plans and other post-retirement employee benefit plans: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Pension Benefits-U.S. Plans: Service cost $ — $ — $ — $ — Interest cost 4,128 4,796 12,709 14,118 Expected return on plan assets (6,150 ) (6,180 ) (18,189 ) (18,114 ) Amortization 1,665 1,298 5,464 3,894 Net periodic benefit income $ (357 ) $ (86 ) $ (16 ) $ (102 ) Pension Benefits-Non U.S. Plans: Service cost $ 947 $ 1,127 $ 2,972 $ 3,039 Interest cost 9,563 12,717 29,099 37,804 Expected return on plan assets (8,485 ) (10,937 ) (26,294 ) (32,580 ) Amortization 907 456 3,486 1,579 Net periodic benefit cost $ 2,932 $ 3,363 $ 9,263 $ 9,842 Other Post-Retirement Benefits: Service cost $ 49 $ 21 $ 151 $ 94 Interest cost 248 288 887 871 Amortization 144 110 511 330 Net periodic benefit cost $ 441 $ 419 $ 1,549 $ 1,295

Financial Instruments and Fai30

Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
Financial Instruments and Fair Value Measurements (Tables)	Sep. 25, 2015
Financial Instruments and Fair Value Measurements [Abstract]
Company's assets and liabilities measured at fair value for each fair value hierarchy level [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 25, 2015 Level Level Level Total (In thousands) Assets: Cash equivalents $ 22,976 $ — $ — $ 22,976 Foreign currency contracts related to sales - designated as hedges — 1,869 — 1,869 Foreign currency contracts related to sales - not designated as hedges — 1,754 — 1,754 Foreign currency contracts related to purchases - designated as hedges — 1,023 — 1,023 Foreign currency contracts related to purchases - not designated as hedges — 503 — 503 Deferred compensation plans — 3,636 — 3,636 $ 22,976 $ 8,785 $ — $ 31,761 Liabilities: Foreign currency contracts related to sales - designated as hedges $ — $ 6,247 $ — $ 6,247 Foreign currency contracts related to sales - not designated as hedges — 494 — 494 Foreign currency contracts related to purchases - designated as hedges — 354 — 354 Foreign currency contracts related to purchases - not designated as hedges — 641 — 641 Deferred compensation plans — 3,636 — 3,636 $ — $ 11,372 $ — $ 11,372 December 31, 2014 Level Level Level Total (In thousands) Assets: Cash equivalents $ 23,143 $ — $ — $ 23,143 Foreign currency contracts related to sales - designated as hedges — 4,524 — 4,524 Foreign currency contracts related to sales - not designated as hedges — 1,007 — 1,007 Foreign currency contracts related to purchases - designated as hedges — 1,980 — 1,980 Foreign currency contracts related to purchases - not designated as hedges — 478 — 478 Deferred compensation plans — 2,941 — 2,941 $ 23,143 $ 10,930 $ — $ 34,073 Liabilities: Foreign currency contracts related to sales - designated as hedges $ — $ 7,163 $ — $ 7,163 Foreign currency contracts related to sales - not designated as hedges — 2,793 — 2,793 Foreign currency contracts related to purchases - designated as hedges — 695 — 695 Foreign currency contracts related to purchases - not designated as hedges — 661 — 661 Deferred compensation plans — 2,941 — 2,941 $ — $ 14,253 $ — $ 14,253 There were no transfers in or out of Level One, Two or Three during the nine months ended September 25, 2015 .
Schedule of Foreign Exchange Contracts, Notional Values	As of September 25, 2015 and December 31, 2014 , the Company had foreign currency contracts with the following notional values: September 25, 2015 December 31, 2014 (In thousands) Foreign currency contracts sold - not designated as hedges $ 135,703 $ 124,838 Foreign currency contracts sold - designated as hedges 220,307 250,743 Foreign currency contracts purchased - not designated as hedges 35,377 36,080 Foreign currency contracts purchased - designated as hedges 56,402 53,944 Total foreign currency derivatives $ 447,789 $ 465,605
Schedule of Derivative Instruments, Gain (Loss) in Condensed Consolidated Financial Statements [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 September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Contracts Designated as Hedges: Foreign Currency Contracts - related to customer sales contracts: Unrealized loss $ (4,354 ) $ (1,054 ) $ (3,846 ) $ (2,212 ) Realized (loss) gain (2,378 ) (3,566 ) 1,124 (3,821 ) Foreign Currency Contracts - related to supplier purchase contracts: Unrealized loss (666 ) (1,661 ) (990 ) (1,910 ) Realized gain 2,072 2,389 122 2,497 Unrealized (loss) gain on net investment hedges (1) (1,485 ) 20,240 8,727 25,013 Contracts Not Designated in a Hedge Relationship: Foreign Currency Contracts - related to customer sales contracts: Unrealized gain (loss) 774 (1,539 ) 3,046 (1,575 ) Realized loss (449 ) (1,312 ) (4,710 ) (3,026 ) Foreign Currency Contracts - related to supplier purchases contracts: Unrealized (loss) gain (342 ) 594 45 (1,863 ) Realized (loss) gain (548 ) 77 (134 ) 1,851 (1) The unrealized (loss) gain on net investment hedges is attributable to the change in valuation of Euro denominated debt.

Commitments and Contingencies31

Commitments and Contingencies (Tables)	9 Months Ended
Commitments and Contingencies (Tables)	Sep. 25, 2015
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 September 25, 2015 September 26, 2014 (Number of claims) Claims unresolved, beginning of period 21,681 22,393 Claims filed (2) 3,711 3,586 Claims resolved (3) (3,260 ) (2,916 ) Claims unresolved, end of period 22,132 23,063 (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: September 25, 2015 December 31, 2014 (In thousands) Current asbestos insurance asset (1) $ 31,044 $ 34,540 Long-term asbestos insurance asset (2) 288,582 282,679 Long-term asbestos insurance receivable (2) 87,849 82,340 Accrued asbestos liability (3) 51,539 50,175 Long-term asbestos liability (4) 355,460 346,099 (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 its 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
Segment Information (Tables)	Sep. 25, 2015
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 September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Net sales: Gas and fluid handling $ 481,908 $ 564,650 $ 1,408,992 $ 1,707,539 Fabrication technology 487,236 599,803 1,496,597 1,710,581 $ 969,144 $ 1,164,453 $ 2,905,589 $ 3,418,120 Segment operating income (loss) (1) : Gas and fluid handling $ 26,634 $ 67,261 $ 127,097 $ 168,949 Fabrication technology 42,415 72,152 153,635 203,103 Corporate and other (10,423 ) (11,659 ) (35,492 ) (41,106 ) $ 58,626 $ 127,754 $ 245,240 $ 330,946 (1) The following is a reconciliation of Income before income taxes to segment operating income: Three Months Ended Nine Months Ended September 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Income before income taxes $ 34,698 $ 103,871 $ 182,432 $ 261,331 Interest expense 10,857 14,935 37,150 40,881 Restructuring and other related charges 13,071 8,948 25,658 28,734 Segment operating income $ 58,626 $ 127,754 $ 245,240 $ 330,946
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 25, 2015 September 26, 2014 September 25, 2015 September 26, 2014 (In thousands) Gas handling $ 353,562 $ 402,872 $ 1,019,587 $ 1,228,050 Fluid handling 128,345 161,778 389,404 479,489 Welding and cutting 487,237 599,803 1,496,598 1,710,581 Total Net sales $ 969,144 $ 1,164,453 $ 2,905,589 $ 3,418,120

General Detail Textbox (Details

General Detail Textbox (Details) $ in Millions	3 Months Ended
General Detail Textbox (Details) $ in Millions	Sep. 25, 2015USD ($)
Gas and Fluid Handling [Member]
Amount of Increase in Allowance for Doubtful Accounts Receivable of a Specific South American Customer	$ 8.1

Recently Issued Accounting Pr34

Recently Issued Accounting Pronouncements Details Textual (Details) - USD ($) $ in Millions	Sep. 25, 2015	Dec. 31, 2014
Recently Issued Accounting Pronouncements [Abstract]
Debt issuance cost presented as a direct deduction to debt	$ 2.5	$ 2.4

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
Acquisitions (Details) - USD ($) $ in Millions	Sep. 25, 2015	Sep. 25, 2015	Dec. 31, 2014
Roots Blowers and Compressors [Member]
Payment to Acquire Business		$ 185
Business Acquisition, Effective Date of Acquisition	Jun. 30, 2015
Victor Technologies Holdings, Inc. [Member]
Business Acquisition, Effective Date of Acquisition			Apr. 14, 2014
Goodwill, Purchase Accounting Adjustments		$ 0.1

Goodwill and Intangibles (Detai

Goodwill and Intangibles (Details) $ in Millions	3 Months Ended
Goodwill and Intangibles (Details) $ in Millions	Sep. 25, 2015USD ($)
Gas and Fluid Handling [Member]
Impairment of Intangible Assets, Finite-lived	$ 1.7
Goodwill, Acquired During Period	84.1
Fabrication Technology [Member]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 1.5
Roots Blowers and Compressors [Member]
Business Acquisition, Effective Date of Acquisition	Jun. 30, 2015

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Earnings Per Share [Abstract]
Net income available to Colfax Corporation common shareholders	$ 18,359	$ 73,389	$ 123,542	$ 290,051
Weighted-average shares of Common stock outstanding - basic	124,404,267	123,841,699	124,205,441	120,163,945
Net income per share - basic	$ 0.15	$ 0.59	$ 0.99	$ 2.41
Net effect of potentially dilutive securities - stock options and restricted stock units	628,000	1,538,867	928,165	1,605,381
Weighted-average shares of Common stock outstanding - diluted	125,032,267	125,380,566	125,133,606	121,769,326	[1]
Net income per share - diluted	$ 0.15	$ 0.59	$ 0.99	$ 2.38

[1]	For the period from January 1, 2014 through February 12, 2014, Net income per share - diluted was calculated consistently with the if-converted method in accordance with GAAP until the outstanding shares of Series A Perpetual Convertible Preferred Stock were converted to Common stock on February 12, 2014. However, weighted-average shares outstanding - diluted for the nine months ended September 26, 2014 excludes the weighted average effect of 1.9 million Common stock equivalents for the period from January 1, 2014 through February 12, 2014, as their inclusion would be anti-dilutive.

Net Income Per Share (Details T

Net Income Per Share (Details Textual) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Preferred, Amount				1.9
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3.2	1	2.5	0.7

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Thousands		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Income Tax Disclosure [Abstract]
Income before income taxes	[1]	$ 34,698	$ 103,871	$ 182,432	$ 261,331
Provision for (benefit from) income taxes		$ 11,153	$ 22,568	$ 43,783	(73,153)
Effective Income Tax Rate, Continuing Operations		32.10%	21.70%	24.00%
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions				$ 13,000
Deferred Other Tax Expense (Benefit)					(120,000)
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability					$ (22,700)

[1]	The following is a reconciliation of Income before income taxes to segment operating income:

Equity (Details - AOCI Componen

Equity (Details - AOCI Components) - USD ($) $ in Thousands	9 Months Ended
Equity (Details - AOCI Components) - USD ($) $ in Thousands	Sep. 25, 2015	Sep. 26, 2014
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	$ (443,691)	$ (46,600)
Accumulated other comprehensive income, Decrease from Redemptions or Purchase of Noncontrolling Interests		(942)
Foreign currency translation adjustment	(192,622)	(156,168)
(Loss) gain on long-term intra-entity foreign currency transactions	(8,203)	1,083
Gain on net investment hedges	8,727	25,013
Unrealized loss on cash flow hedges	(3,350)	(5,576)
Other	3,817	1,934
Other comprehensive (loss) income before reclassifications	(191,631)	(133,714)
Amounts reclassified from Accumulated other comprehensive loss	5,887	3,345
Net current period other comprehensive (loss) income	(185,744)	(130,369)
Ending balance	(629,435)	(177,911)
Net Unrecognized Pension And Other Post-Retirement Benefit Cost [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	(240,513)	(163,092)
Foreign currency translation adjustment	6,090	2,440
(Loss) gain on long-term intra-entity foreign currency transactions	0	0
Gain on net investment hedges	0	0
Unrealized loss on cash flow hedges	0	0
Other	3,817	1,934
Other comprehensive (loss) income before reclassifications	9,907	4,374
Amounts reclassified from Accumulated other comprehensive loss	5,887	3,345
Net current period other comprehensive (loss) income	15,794	7,719
Ending balance	(224,719)	(155,373)
Foreign Currency Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	(227,059)	123,021
Accumulated other comprehensive income, Decrease from Redemptions or Purchase of Noncontrolling Interests		(942)
Foreign currency translation adjustment	(198,347)	(158,600)
(Loss) gain on long-term intra-entity foreign currency transactions	(8,203)	1,083
Gain on net investment hedges	0	0
Unrealized loss on cash flow hedges	0	0
Other	0	0
Other comprehensive (loss) income before reclassifications	(206,550)	(157,517)
Amounts reclassified from Accumulated other comprehensive loss	0	0
Net current period other comprehensive (loss) income	(206,550)	(157,517)
Ending balance	(433,609)	(35,438)
Unrealized Gain (Loss) On Hedging Activities [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	23,881	(6,529)
Foreign currency translation adjustment	(365)	(8)
(Loss) gain on long-term intra-entity foreign currency transactions	0	0
Gain on net investment hedges	8,727	25,013
Unrealized loss on cash flow hedges	(3,350)	(5,576)
Other	0	0
Other comprehensive (loss) income before reclassifications	5,012	19,429
Amounts reclassified from Accumulated other comprehensive loss	0	0
Net current period other comprehensive (loss) income	5,012	19,429
Ending balance	$ 28,893	$ 12,900

Equity (Details - AOCI Reclass

Equity (Details - AOCI Reclass ) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
Equity (Details - AOCI Reclass ) - USD ($) $ in Thousands		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Equity [Abstract]
Amortization of net loss, before tax	[1]	$ 2,662	$ 1,801	$ 9,276	$ 5,616
Amortization of net loss, tax	[1]	(903)	(2,153)	(3,574)	(2,458)
Amortization of net loss, net of tax	[1]	1,759	(352)	5,702	3,158
Amortization of prior service cost, before tax	[1]	54	63	185	187
Amortization of prior service cost, tax	[1]	0	0	0	0
Amortization of prior service cost, net of tax	[1]	54	63	185	187
Total amount reclassified from Accumulated other comprehensive loss, before tax		2,716	1,864	9,461	5,803
Total amount reclassified from Accumulated other comprehensive loss, tax		(903)	(2,153)	(3,574)	(2,458)
Total amount reclassified from Accumulated other comprehensive loss, net of tax		$ 1,813	$ (289)	$ 5,887	$ 3,345

[1]	Included in the computation of net periodic benefit (income) cost. See Note 11, "Net Periodic Benefit Cost - Defined Benefit Plans" for additional details.

Equity Textuals (Details)

Equity Textuals (Details) - USD ($) $ in Millions	Oct. 21, 2015	Sep. 25, 2015	Sep. 26, 2014	Oct. 11, 2015
Equity [Abstract]
Contribution to defined benefit pension plan (in shares)		66,000
Stock Repurchase Program, Authorized Amount				$ 100
Stock Repurchased During Period, Shares	663,349
Other Comprehensive Loss, Net of Tax, Portion Attributable to Noncontrolling Interest		$ (16.5)	$ (7.2)

Inventories, Net (Details)

Inventories, Net (Details) - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 172,890	$ 164,115
Work in process	75,848	81,110
Finished goods	255,151	239,808
Inventory, Gross	503,889	485,033
Less: customer progress payments	(17,417)	(7,728)
Less: allowance for excess, slow-moving and obsolete inventory	(36,581)	(34,573)
Inventories, net	$ 449,891	$ 442,732

Debt Components (Details)

Debt Components (Details) - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total Debt	$ 1,548,784	$ 1,536,810
Less: current portion	(16,517)	(9,855)
Long-term debt	1,532,267	1,526,955
Term loans [Member]
Debt Instrument [Line Items]
Total Debt	722,189	1,210,474
Trade receivables financing arrangement [Member]
Debt Instrument [Line Items]
Total Debt	80,000	80,000
Revolving credit facilities and other [Member]
Debt Instrument [Line Items]
Total Debt	$ 746,595	$ 246,336

Debt Schedule of Contractual Ma

Debt Schedule of Contractual Maturities (Details) - USD ($) $ in Thousands		Sep. 25, 2015	Dec. 31, 2014
Remainder of 2015	[1]	$ 15,582
2,016	[1]	5,620
2,017	[1]	4,452
2,018	[1]	4,142
2,019	[1]	35,550
2,020	[1]	1,492,500
Total contractual maturities		1,557,846
Debt discount	[2]	(9,062)
Total debt		$ 1,548,784	$ 1,536,810

[1]	Represents scheduled payments required under the Credit Agreement through June 5, 2020, as well as the contractual maturities of other debt outstanding as of September 25, 2015, and reflects management's intention to repay scheduled maturities of the term loans outstanding under the Credit Agreement and the trade receivables financing arrangement (if not extended) with proceeds from the revolving credit facility.
[2]	Includes $2.5 million of deferred debt issuance costs pursuant to the adoption of ASU 2015-03. See Note 2, "Recently Issued Accounting Pronouncements" for further discussion.

Debt (Details Textual)

Debt (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
Debt (Details Textual) - USD ($) $ in Thousands	Sep. 25, 2015	Sep. 25, 2015	Jun. 05, 2015	Dec. 31, 2014
Long-term Debt, Gross	$ 1,557,846	$ 1,557,846
Eurocurrency Rate Loan Interest Rate Margin Percentage			1.50%
Base Rate Loan Interest Rate Margin Percentage			0.50%
Write off of Deferred Debt Issuance Cost		4,700
Expenses Incurred During the Refinance of Debt		400
Debt discount	6,500	6,500
Deferred Finance Costs, Net	$ 9,400	$ 9,400
Long-term Debt, Weighted Average Interest Rate	1.70%	1.70%
Line of Credit Facility, Remaining Borrowing Capacity	$ 586,500	$ 586,500
Letter of Credit Subfacility, Maximum Borrowing Capacity	736,100	736,100
Letters of Credit, Amount Outstanding	363,100	363,100
Debt issuance cost presented as a direct deduction to debt	$ 2,500	$ 2,500		$ 2,400
Debt Instrument, Covenant Description		Certain U.S. subsidiaries of the Company have agreed to guarantee the obligations of the Company under the Credit Agreement. The Credit Agreement contains customary covenants limiting the ability of the Company and its subsidiaries to, among other things, incur debt or liens, merge or consolidate with others, dispose of assets, make investments or pay dividends. In addition, the Credit Agreement contains financial covenants requiring the Company to maintain a total leverage ratio, as defined therein, of not more than 3.5 to 1.0 and minimum interest coverage ratio, as defined therein, of 3.0 to 1.0, measured at the end of each quarter.
Debt Instrument, Covenant Compliance		As of September 25, 2015, the Company is in compliance with the covenants under the Credit Agreement.
Minimum [Member]
Eurocurrency Rate Loan Interest Rate Margin Percentage	1.25%	1.25%
Base Rate Loan Interest Rate Margin Percentage	0.25%	0.25%
Maximum [Member]
Eurocurrency Rate Loan Interest Rate Margin Percentage	2.00%	2.00%
Base Rate Loan Interest Rate Margin Percentage	1.00%	1.00%
Term loan [Member]
Long-term Debt, Gross			$ 750,000
Revolving credit facility [Member]
Line of Credit Facility, Increase (Decrease), Net	$ 300,000
Line of Credit Facility, Maximum Borrowing Capacity	1,300,000	$ 1,300,000
Swingline Sub Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000	$ 50,000
Trade receivables financing arrangement [Member]
Long-term Debt, Weighted Average Interest Rate	0.90%	0.90%
Trade receivables financing arrangement, maximum borrowing capacity	$ 80,000	$ 80,000
Trade receivables financing arrangement, outstanding borrowings	$ 80,000	$ 80,000

Accrued Liabilities Chart (Deta

Accrued Liabilities Chart (Details) - USD ($) $ in Thousands		Sep. 25, 2015	Dec. 31, 2014
Accrued Liabilities [Abstract]
Accrued payroll		$ 128,700	$ 120,068
Advance payments from customers		50,577	58,049
Accrued taxes and deferred tax liability - current portion		49,037	58,823	[1]
Accrued asbestos-related liability	[2]	51,539	50,175
Warranty liability - current portion		40,531	47,966
Accrued restructuring liability - current portion		11,549	21,846
Accrued third-party commissions		10,535	11,026
Other		111,131	128,254
Accrued liabilities		$ 453,599	$ 496,207	[1]

[1]	During the nine months ended September 25, 2015 the Company retrospectively adjusted provisional amounts with respect to an acquisition completed during the three months ended June 27, 2014 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. See Note 3, "Acquisitions" for further discussion regarding these adjustments.
[2]	Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes its 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.

Warranty Liability Rollforward

Warranty Liability Rollforward (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty liability, beginning of period	$ 51,135	$ 65,512
Accrued warranty expense	14,392	14,814
Changes in estimates related to pre-existing warranties	(2,467)	(4,612)
Cost of warranty service work performed	(18,657)	(20,111)
Acquisition	321	4,488
Foreign exchange translation effect	(3,142)	(6,781)
Warranty liability, end of period	$ 41,582	$ 53,310

Restructuring Rollforward (Deta

Restructuring Rollforward (Details) $ in Thousands	9 Months Ended
Restructuring Rollforward (Details) $ in Thousands	Sep. 25, 2015USD ($)
Balance at Beginning of Period	$ 23,010
Provisions	25,658
Payments	(32,961)
Foreign Currency Translation	(1,127)
Balance at End of Period	12,662	[1]
Restructuring provisions before non-cash charges	23,740
Non-cash impairment restructuring provisions	1,918
Gas and Fluid Handling [Member]
Balance at Beginning of Period	8,996
Provisions	11,562
Payments	(13,851)
Foreign Currency Translation	(613)
Balance at End of Period	4,176
Restructuring provisions before non-cash charges	9,644
Non-cash impairment restructuring provisions	1,918
Fabrication Technology [Member]
Balance at Beginning of Period	13,092
Provisions	14,096
Payments	(18,926)
Foreign Currency Translation	(489)
Balance at End of Period	7,773
Corporate and Other [Member]
Balance at Beginning of Period	922
Provisions	0
Payments	(184)
Foreign Currency Translation	(25)
Balance at End of Period	713
Termination benefits [Member] \| Gas and Fluid Handling [Member]
Balance at Beginning of Period	7,551	[2]
Provisions	6,172	[2]
Payments	(10,900)	[2]
Foreign Currency Translation	(452)	[2]
Balance at End of Period	2,371	[2]
Termination benefits [Member] \| Fabrication Technology [Member]
Balance at Beginning of Period	11,155	[2]
Provisions	8,604	[2]
Payments	(12,502)	[2]
Foreign Currency Translation	(323)	[2]
Balance at End of Period	6,934	[2]
Facility closure costs [Member] \| Gas and Fluid Handling [Member]
Balance at Beginning of Period	1,445	[3]
Provisions	3,472	[3]
Payments	(2,951)	[3]
Foreign Currency Translation	(161)	[3]
Balance at End of Period	1,805	[3]
Facility closure costs [Member] \| Fabrication Technology [Member]
Balance at Beginning of Period	1,937	[3]
Provisions	5,492	[3]
Payments	(6,424)	[3]
Foreign Currency Translation	(166)	[3]
Balance at End of Period	839	[3]
Facility closure costs [Member] \| Corporate and Other [Member]
Balance at Beginning of Period	922	[3]
Provisions	0	[3]
Payments	(184)	[3]
Foreign Currency Translation	(25)	[3]
Balance at End of Period	$ 713	[3]

[1]	As of September 25, 2015, $11.5 million and $1.2 million of the Company's 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 ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Accrued Liabilities [Abstract]
Restructuring Reserve, Current	$ 11,549	$ 21,846
Restructuring Reserve, Noncurrent	1,200
Expected Remaining Restructuring and Related Charges For Year	$ 40,000

Net Periodic Benefit Cost-Def51

Net Periodic Benefit Cost-Defined Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Pension Benefits-U.S. Plans: [Member]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	4,128	4,796	12,709	14,118
Expected return on plan assets	(6,150)	(6,180)	(18,189)	(18,114)
Amortization	1,665	1,298	5,464	3,894
Net periodic benefit (income) cost	(357)	(86)	(16)	(102)
Pension Benefits-Non U.S. Plans: [Member]
Service cost	947	1,127	2,972	3,039
Interest cost	9,563	12,717	29,099	37,804
Expected return on plan assets	(8,485)	(10,937)	(26,294)	(32,580)
Amortization	907	456	3,486	1,579
Net periodic benefit (income) cost	2,932	3,363	9,263	9,842
Other Post-Retirement Benefits: [Member]
Service cost	49	21	151	94
Interest cost	248	288	887	871
Amortization	144	110	511	330
Net periodic benefit (income) cost	$ 441	$ 419	$ 1,549	$ 1,295

Fair Value Hierarchy (Details)

Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Cash equivalents	$ 22,976	$ 23,143
Deferred compensation plans	3,636	2,941
Deferred compensation plans liability	3,636	2,941
Assets, Fair Value Disclosure	31,761	34,073
Liabilities, Fair Value Disclosure	11,372	14,253
Fair Value, Inputs, Level 1 [Member]
Cash equivalents	22,976	23,143
Assets, Fair Value Disclosure	22,976	23,143
Fair Value, Inputs, Level 2 [Member]
Deferred compensation plans	3,636	2,941
Deferred compensation plans liability	3,636	2,941
Assets, Fair Value Disclosure	8,785	10,930
Liabilities, Fair Value Disclosure	11,372	14,253
Foreign currency contracts related to customer sales contracts
Foreign currency contracts designated as hedges, Assets	1,869	4,524
Foreign currency contracts not designated as hedges, Assets	1,754	1,007
Foreign currency contracts designated as hedges, Liabilities	6,247	7,163
Foreign currency contracts not designated as hedges, Liability	494	2,793
Foreign currency contracts related to customer sales contracts \| Fair Value, Inputs, Level 2 [Member]
Foreign currency contracts designated as hedges, Assets	1,869	4,524
Foreign currency contracts not designated as hedges, Assets	1,754	1,007
Foreign currency contracts designated as hedges, Liabilities	6,247	7,163
Foreign currency contracts not designated as hedges, Liability	494	2,793
Foreign currency contracts related to supplier purchase contracts
Foreign currency contracts designated as hedges, Assets	1,023	1,980
Foreign currency contracts not designated as hedges, Assets	503	478
Foreign currency contracts designated as hedges, Liabilities	354	695
Foreign currency contracts not designated as hedges, Liability	641	661
Foreign currency contracts related to supplier purchase contracts \| Fair Value, Inputs, Level 2 [Member]
Foreign currency contracts designated as hedges, Assets	1,023	1,980
Foreign currency contracts not designated as hedges, Assets	503	478
Foreign currency contracts designated as hedges, Liabilities	354	695
Foreign currency contracts not designated as hedges, Liability	$ 641	$ 661

Foreign Currency Contracts Noti

Foreign Currency Contracts Notional Values (Details) - USD ($) $ in Thousands	Sep. 25, 2015	Dec. 31, 2014
Derivative, Notional Amount	$ 447,789	$ 465,605
Foreign currency contracts related to customer sales contracts \| Not Designated As Hedging Instrument [Member]
Derivative, Notional Amount	135,703	124,838
Foreign currency contracts related to customer sales contracts \| Designated As Hedging Instrument [Member]
Derivative, Notional Amount	220,307	250,743
Foreign currency contracts related to supplier purchase contracts \| Not Designated As Hedging Instrument [Member]
Derivative, Notional Amount	35,377	36,080
Foreign currency contracts related to supplier purchase contracts \| Designated As Hedging Instrument [Member]
Derivative, Notional Amount	$ 56,402	$ 53,944

Gain (Loss) On Derivative Instr

Gain (Loss) On Derivative Instruments (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Unrealized (Loss) Gain on Net Investment Hedges				$ 8,727	$ 25,013
Designated As Hedging Instrument [Member]
Unrealized (Loss) Gain on Net Investment Hedges	[1]	$ (1,485)	$ 20,240	8,727	25,013
Designated As Hedging Instrument [Member] \| Foreign currency contracts related to customer sales contracts
Unrealized (Loss) Gain on Foreign Currency Contracts		(4,354)	(1,054)	(3,846)	(2,212)
Realized (Loss) Gain on Foreign Currency Contracts		(2,378)	(3,566)	1,124	(3,821)
Designated As Hedging Instrument [Member] \| Foreign currency contracts related to supplier purchase contracts
Unrealized (Loss) Gain on Foreign Currency Contracts		(666)	(1,661)	(990)	(1,910)
Realized (Loss) Gain on Foreign Currency Contracts		2,072	2,389	122	2,497
Not Designated As Hedging Instrument [Member] \| Foreign currency contracts related to customer sales contracts
Unrealized (Loss) Gain on Foreign Currency Contracts		774	(1,539)	3,046	(1,575)
Realized (Loss) Gain on Foreign Currency Contracts		(449)	(1,312)	(4,710)	(3,026)
Not Designated As Hedging Instrument [Member] \| Foreign currency contracts related to supplier purchase contracts
Unrealized (Loss) Gain on Foreign Currency Contracts		(342)	594	45	(1,863)
Realized (Loss) Gain on Foreign Currency Contracts		$ (548)	$ 77	$ (134)	$ 1,851

[1]	The unrealized (loss) gain on net investment hedges is attributable to the change in valuation of Euro denominated debt.

Financial Instruments and Fai55

Financial Instruments and Fair Value Measurements (Details Textual) - USD ($) $ in Billions	Sep. 25, 2015	Dec. 31, 2014
Financial Instruments and Fair Value Measurements [Abstract]
Long-term Debt, Fair Value	$ 1.5	$ 1.5

Claims Rollforward (Details)

Claims Rollforward (Details) - Asbestos_claims		9 Months Ended
Claims Rollforward (Details) - Asbestos_claims		Sep. 25, 2015	Sep. 26, 2014
Claims unresolved, beginning of period	[1]	21,681	22,393
Claims filed(2)	[1],[2]	3,711	3,586
Claims resolved(3)	[1],[3]	(3,260)	(2,916)
Claims unresolved, end of period	[1]	22,132	23,063

[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.

Asbestos Litigation (Details 1)

Asbestos Litigation (Details 1) - USD ($) $ in Thousands		Sep. 25, 2015	Dec. 31, 2014
Current asbestos insurance asset(1)	[1]	$ 31,044	$ 34,540
Long-term asbestos insurance asset(2)	[2]	288,582	282,679
Long-term asbestos insurance receivable(2)	[2]	87,849	82,340
Accrued asbestos liability(3)	[3]	51,539	50,175
Long-term asbestos liability(4)	[4]	$ 355,460	$ 346,099

[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 its 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.

Commitments and Contingencies58

Commitments and Contingencies (Details Textual) $ in Millions	9 Months Ended
	Sep. 25, 2015USD ($)
Future Claims Period	15 years
Liability for Asbestos and Environmental Claims, Net, Period Increase (Decrease)	$ 4.1
Asbestos Liability Increase	20.2
Asbestos Insurance Asset Increase	$ 16.1
Estimate of Expected Future Recovery Reduction	minimal to $30 million

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
Segment Information (Details) - USD ($) $ in Thousands		Sep. 25, 2015	Sep. 26, 2014	Sep. 25, 2015	Sep. 26, 2014
Net sales		$ 969,144	$ 1,164,453	$ 2,905,589	$ 3,418,120
Income before income taxes	[1]	34,698	103,871	182,432	261,331
Interest expense	[1]	10,857	14,935	37,150	40,881
Restructuring and other related charges	[1]	13,071	8,948	25,658	28,734
Segment Operating Income (Loss)	[1]	58,626	127,754	245,240	330,946
Gas Handling [Member]
Net sales		353,562	402,872	1,019,587	1,228,050
Fluid Handling [Member]
Net sales		128,345	161,778	389,404	479,489
Welding and Cutting [Member]
Net sales		487,237	599,803	1,496,598	1,710,581
Gas and Fluid Handling [Member]
Net sales		481,908	564,650	1,408,992	1,707,539
Segment Operating Income (Loss)		26,634	67,261	127,097	168,949
Fabrication Technology [Member]
Net sales		487,236	599,803	1,496,597	1,710,581
Segment Operating Income (Loss)		42,415	72,152	153,635	203,103
Corporate and Other [Member]
Segment Operating Income (Loss)		$ (10,423)	$ (11,659)	$ (35,492)	$ (41,106)

[1]	The following is a reconciliation of Income before income taxes to segment operating income: