View Filing Data

Selling, general and administrative expense

$ 1,045,653

$ 186,749

$ 1,932,019

$ 345,307

Cost of sales

717,760

122,075

1,348,730

227,379

Gross profit

327,893

64,674

583,289

117,928

245,023

44,423

470,769

82,302

Charter acquisition-related expense

766

43,617

Restructuring and other related charges

18,558

242

27,201

2,219

^[1]

Asbestos coverage litigation expense

3,240

3,302

5,527

5,368

Operating income

60,306

16,707

36,175

28,039

Interest expense

25,741

1,462

44,723

3,289

Income (loss) before income taxes

34,565

15,245

(8,548)

24,750

Provision for income taxes

15,933

4,855

73,281

7,805

Net income (loss)

18,632

10,390

(81,829)

16,945

Less: net income attributable to noncontrolling interest, net of taxes

6,266

11,403

Net income (loss) attributable to Colfax Corporation

12,366

10,390

(93,232)

16,945

Dividends on preferred stock

5,073

8,807

Net income (loss) available to Colfax Corporation common shareholders

$ 7,293

$ 10,390

$ (102,039)

$ 16,945

Net income (loss) per share-basic (in dollars per share)

$ 0.07

$ 0.24

$ (1.16)

$ 0.39

Net income (loss) per share-diluted (in dollars per share)

$ 0.07

$ 0.23

$ (1.16)

$ 0.38

[1]	Includes $0.2 million of non-cash stock-based compensation expense.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Net income (loss) attributable to Colfax Corporation	$ 12,366	$ 10,390	$ (93,232)	$ 16,945
Other comprehensive (loss) income:
Foreign currency translation, net of tax of $136, $157, $60 and $152	(111,680)	2,178	22,330	12,746
Unrealized gain (loss) on hedging activities, net of tax of $463, $0, $(192) and $0	6,028	(33)	(1,959)	(133)
Amounts reclassified to net income (loss):
Realized loss on hedging activities, net of tax of $0, $0, $0 and $0	0	495	471	980
Net pension and other postretirement benefit cost, net of tax of $(35), $883, $109 and $1,514	2,133	1,539	4,158	2,601
Other comprehensive (loss) income	(103,519)	4,179	25,000	16,194
Less: other comprehensive loss attributable to noncontrolling interest, net of tax of $0, $0, $0 and $0	(12,271)	0	(1,330)	0
Other comprehensive (loss) income attributable to Colfax Corporation	(91,248)	4,179	26,330	16,194
Comprehensive (loss) income attributable to Colfax Corporation common shareholders	$ (78,882)	$ 14,569	$ (66,902)	$ 33,139

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Foreign currency translation, tax	$ 136	$ 157	$ 60	$ 152
Unrealized (gain) loss on hedging activities, tax	463	0	(192)	0
Realized loss on hedging activities, tax	0	0	0	0
Net pension and other postretirement benefit cost, tax	(35)	883	109	1,514
Other comprehensive income attributable to noncontrolling interest, tax	$ 0	$ 0	$ 0	$ 0

Tax effect of the income statement impact of the reclassification adjustment of accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges realized in net income. Also includes reclassification adjustments of an entity's share of an equity investee's deferred hedging gain (loss) realized in net income.

Tax effect of other comprehensive income (loss) attributable to noncontrolling interest.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Cash flows from operating activities:

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 538,956	$ 75,108
Trade receivables, less allowance for doubtful accounts of $6,092 and $2,578	904,760	117,475
Inventories, net	530,352	56,136
Other current assets	321,815	102,489
Total current assets	2,295,883	351,208
Property, plant and equipment, net	651,000	90,939
Goodwill	1,853,558	204,844
Intangible assets, net	734,760	41,029
Other assets	469,667	400,523
Total assets	6,004,868	1,088,543
LIABILITIES AND SHAREHOLDERS' EQUITY
Current portion of long-term debt	32,737	10,000
Accounts payable	660,663	54,035
Accrued liabilities	543,505	176,007
Total current liabilities	1,236,905	240,042
Long-term debt, less current portion	1,657,964	101,518
Other liabilities	1,006,054	557,708
Total liabilities	3,900,923	899,268
Equity:
Preferred stock, $0.001 par value; 20,000,000 and 10,000,000 shares authorized; 13,877,552 and none issued and outstanding	14	0
Common stock, $0.001 par value; 400,000,000 and 200,000,000 shares authorized; 93,879,365 and 43,697,570 issued and outstanding	94	44
Additional paid-in capital	2,187,498	415,527
Accumulated deficit	(157,542)	(55,503)
Accumulated other comprehensive loss	(147,107)	(170,793)
Total Colfax Corporation equity	1,882,957	189,275
Noncontrolling interest	220,988	0
Total equity	2,103,945	189,275
Total liabilities and equity	$ 6,004,868	$ 1,088,543

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Trade receivables, allowance for doubtful accounts	$ 6,092	$ 2,578
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000,000	10,000,000
Preferred stock, shares issued	13,877,552	0
Preferred stock, shares outstanding	13,877,552	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	400,000,000	200,000,000
Common stock, shares issued	93,879,365	43,697,570
Common stock, shares outstanding	93,879,365	43,697,570

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - 6 months ended Jun. 29, 2012 - USD ($) $ in Thousands	Common Stock [Member] Additional Paid-In Capital [Member]	Common Stock [Member]	Preferred Stock [Member] Additional Paid-In Capital [Member]	Preferred Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2011		43,697,570
Balance at Dec. 31, 2011		$ 44			$ 415,527	$ (55,503)	$ (170,793)		$ 189,275
Net (loss) income						(93,232)		$ 11,403	(81,829)
Charter Acquisition								236,257	236,257
ESAB India repurchase of additional noncontrolling interest					(1,305)		(2,644)	(25,342)	(29,291)
Preferred stock dividend						(8,807)			(8,807)
Other comprehensive income (loss)							26,330	(1,330)	25,000
Stock issuance	$ 1,432,980	$ 50	$ 332,958	$ 14
Stock issuance (in shares)		49,917,786		13,877,552
Common stock-based award activity					7,338				7,338
Common stock-based award activity (in shares)		264,009
Balance (in shares) at Jun. 29, 2012		93,879,365		13,877,552
Balance at Jun. 29, 2012		$ 94		$ 14	$ 2,187,498	$ (157,542)	$ (147,107)	$ 220,988	$ 2,103,945

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (Parenthetical) $ in Millions	6 Months Ended
	Jun. 29, 2012 USD ($)
Common Stock [Member]
Stock issuance costs	$ 20.2
Preferred Stock [Member]
Stock issuance costs	$ 7.0

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Net (loss) income

$ (81,829)

$ 16,945

Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:

Depreciation, amortization and fixed asset impairment charges

105,027

12,560

Stock-based compensation expense

3,988

2,827

^[1]

Deferred income tax provision (benefit)

46,566

(1,294)

Changes in operating assets and liabilities, net of acquisitions:

Trade receivables, net

(100,930)

3,212

Inventories, net

(40,464)

(10,629)

Changes in other operating assets and liabilities

35,511

4,799

Net cash (used in) provided by operating activities

(32,131)

28,420

Cash flows from investing activities:

Purchases of fixed assets, net

(41,012)

(6,377)

Acquisitions, net of cash received

(1,661,650)

(22,299)

Net cash used in investing activities

(1,702,662)

(28,676)

Cash flows from financing activities:

Borrowings under term credit facility

1,731,523

Payments under term credit facility

(518,849)

(5,000)

Proceeds from borrowings on revolving credit facilities

13,149

46,496

Repayments of borrowings on revolving credit facilities

(51,378)

(43,496)

Payments of deferred loan costs

(8,516)

Proceeds from issuance of common stock, net

753,986

1,771

Proceeds from issuance of preferred stock, net

332,969

ESAB India repurchase of additional noncontrolling interest

(29,291)

Payment of dividend on preferred stock

(7,246)

Net cash provided by (used in) financing activities

2,216,347

(229)

Effect of foreign exchange rates on cash and cash equivalents

(17,706)

4,158

Increase in cash and cash equivalents

463,848

3,673

Cash and cash equivalents, beginning of period

75,108

60,542

Cash and cash equivalents, end of period

$ 538,956

$ 64,215

[1]	Includes approximately $0.2 million of stock-based compensation expense included in Restructuring and other related charges in the Condensed Consolidated Statement of Operations related to the accelerated vesting of certain awards as part of the termination benefits of one employee.

General

6 Months Ended

Jun. 29, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1. 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. With the closing of the acquisition of Charter International plc (“Charter”) by Colfax (the “Charter Acquisition”) during the six months ended June 29, 2012, Colfax has transformed from a fluid-handling business into a multi-platform enterprise with a global footprint. See Note 3, “Acquisitions” for additional information regarding the Charter Acquisition.

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, 2011 is derived from the Company’s audited financial statements. 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, 2011 (the “2011 Form 10-K”), filed with the SEC on February 23, 2012. Given the impact of the Charter Acquisition on the Condensed Consolidated Financial Statements, certain prior period amounts have been reclassified to conform to current year presentation.

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.

The results of operations for the three and six months ended June 29, 2012 are not necessarily indicative of the results of operations that may be achieved for the full year. Quarterly results are affected by seasonal variations in the Company’s gas- and fluid-handling business. As the Company’s customers seek to fully utilize capital spending budgets before the end of the year, historically shipments have peaked during the fourth quarter. General economic conditions as well as backlog levels may, however, impact future seasonal variations.

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=7880789&loc=SL6228881-111685

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Significant Accounting Policies [Text Block]

Accounting Policies

6 Months Ended

Jun. 29, 2012

Accounting Policies [Abstract]

2. Accounting Policies

During the six months ended June 29, 2012, the Company’s significant accounting policies, as reflected in the 2011 Form 10-K, were updated to include the following as a result of the Charter Acquisition:

Revenue Recognition - Construction Contracts

The Company recognizes revenue and cost of sales on gas-handling construction projects using the “percentage of completion method” in accordance with GAAP. Under this method, contract revenues are recognized over the performance period of the contract in direct proportion to the costs incurred as a percentage of total estimated costs for the entirety of the contract. Any recognized revenues that have not been billed to a customer are recorded as a component of Trade receivables and any billings of customers in excess of recognized revenues are recorded as a component of Accounts payable. As of June 29, 2012, there were $169.2 million of revenues in excess of billings and of $149.7 million of billings in excess of revenues on construction contracts in the Condensed Consolidated Balance Sheet.

The Company has contracts in various stages of completion. Such contracts require estimates to determine the appropriate cost and revenue recognition. Significant management judgments and estimates, including estimated costs to complete projects, must be made and used in connection with revenue recognized during each period. Current estimates may be revised as additional information becomes available. See Note 15, “Segment Information” for sales by major product group.

Noncontrolling Interests

The Company’s Condensed Consolidated Financial Statements include the accounts of the Company and its subsidiaries. Less than wholly owned subsidiaries, including joint ventures, are consolidated when it is determined that the Company has a controlling financial interest, which is generally determined when the Company holds a majority voting interest. When protective rights, substantive rights or other factors exist, further analysis is performed in order to determine whether or not there is a controlling financial interest. The Condensed Consolidated Financial Statements reflect the assets, liabilities, revenues and expenses of consolidated subsidiaries and the noncontrolling parties’ ownership share is presented as a noncontrolling interest.

Derivatives

The Company is subject to foreign currency risk associated with the retranslation of the net assets of foreign subsidiaries to U.S. dollars on a periodic basis. The Company’s Deutsche Bank Credit Agreement (as defined and further discussed in Note 9, “Debt”) includes a €157.6 million term A-3 facility, which has been designated as a net investment hedge in order to mitigate a portion of this risk.

Derivative instruments are generally recognized on a gross basis in the Condensed Consolidated Balance Sheets in either Other current assets, Other assets, Accrued liabilities or Other liabilities depending upon their respective fair values and maturity dates. The Company designates a portion of its foreign exchange contracts as fair value hedges. For all instruments designated as hedges, including net investment hedges, cash flow hedges and fair value hedges, the Company formally documents the relationship between the hedging instrument and the hedged item, as well as the risk management objective and the strategy for using the hedging instrument. The Company assesses whether the relationship between the hedging instrument and the hedged item is highly effective at offsetting changes in the fair value both at inception of the hedging relationship and on an ongoing basis. For cash flow hedges and net investment hedges, unrealized gains and losses are recognized as a component of Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheets to the extent that it is effective at offsetting the change in the fair value of the hedged item and realized gains and losses are recognized in the Condensed Consolidated Statements of Operations consistent with the underlying hedged instrument. Gains and losses related to fair value hedges are recorded as an offset to the fair value of the underlying asset or liability, primarily Trade receivables and Accounts payable in the Condensed Consolidated Balance Sheets.

See Note 13, “Financial Instruments and Fair Value Measurements” for additional information regarding the Company’s derivative instruments.

Equity Method Investments

Investments in joint ventures, where the Company has a significant influence but not a controlling interest, are accounted for using the equity method of accounting. Investments accounted for under the equity method are initially recorded at the amount of the Company’s initial investment and adjusted each period for the Company’s share of the investee’s income or loss and dividends paid. All equity investments are reviewed periodically for indications of other than temporary impairment, including, but not limited to, significant and sustained decreases in quoted market prices or a series of historic and projected operating losses by investees. If the decline in fair value is considered to be other than temporary, an impairment loss is recorded and the investment is written down to a new carrying value. Investments in joint ventures acquired in the Charter Acquisition were recognized in the opening balance sheet at fair value. See Note 3, “Acquisitions” for additional information regarding the assets acquired in the Charter Acquisition.

Acquisition

6 Months Ended

Jun. 29, 2012

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

3. Acquisitions

Charter International plc

On January 13, 2012, Colfax completed the Charter Acquisition for a total purchase price of approximately $2.6 billion. Under the terms of the Charter Acquisition, Charter shareholders received 730 pence in cash and 0.1241 newly issued shares of Colfax Common stock in exchange for each share of Charter’s ordinary stock. Charter is a global industrial manufacturing company focused on welding, cutting and automation and air and gas handling. The acquisition is expected to:

•

enhance the Company’s business profile by providing a meaningful recurring revenue stream and considerable exposure to emerging markets;

•

enable Colfax to benefit from strong secular growth drivers, with a balance of short- and long-cycle businesses; and

•

provide an additional growth platform in the fragmented fabrication technology industry.

See Note 9, “Debt” and Note 10, “Equity” for a discussion of the respective financing components of the Charter Acquisition.

During the three and six months ended June 29, 2012, the Company incurred $0.8 million and $43.6 million, respectively, of advisory, legal, audit, valuation and other professional service fees, termination payments to Charter executives and realized losses on acquisition-related foreign exchange derivatives in connection with the Charter Acquisition, which are included in Charter acquisition-related expense in the Condensed Consolidated Statements of Operations. See Note 13, “Financial Instruments and Fair Value Measurements” for additional information regarding the Company’s derivative instruments.

The Charter Acquisition was accounted for using the acquisition method of accounting and accordingly, the Condensed Consolidated Financial Statements include the financial position and results of operations from the date of acquisition. The following unaudited proforma financial information presents Colfax’s consolidated financial information assuming the acquisition had taken place on January 1, 2011. These amounts are presented in accordance with GAAP, consistent with the Company’s accounting policies.

	Three Months Ended					Six Months Ended
	June 29, 2012		July 1, 2011			June 29, 2012		July 1, 2011
	(Unaudited, in thousands)
Net sales	$	1,045,653	$	1,019,799		$	2,001,444	$	1,874,015
Net income (loss) available to Colfax common shareholders⁽¹⁾		22,991		(59,820	)		37,195		(109,250	)

⁽¹⁾

Proforma net loss available to Colfax common shareholders for the three and six months ended July 1, 2011 reflect the impact of certain expenses included in the Condensed Consolidated Statements of Operations for the three and six months ended June 29, 2012, but excluded from the calculation of proforma net income for that period. These expenses include increased acquisition-related amortization expense of $14.4 million and $48.1 million and $0.8 million and $43.6 million of Charter acquisition-related expense, discussed above, for the three and six months ended July 1, 2011, respectively. Additionally, the six months ended July 1, 2011 include a $50.3 million increase in the valuation allowance related to the Company’s deferred tax assets in the U.S., discussed further in Note 6, “Income Taxes.”

The following table summarizes the Company’s best estimate of the aggregate fair value of the assets acquired and liabilities assumed at the date of acquisition. These amounts are determined based upon certain valuations and studies that have yet to be finalized, and accordingly, the assets acquired and liabilities assumed, as detailed below, are subject to adjustment once the detailed analyses are completed. There is also a required change of control payment related to a defined benefit pension plan which is based on plan provisions which must be interpreted by an actuary. Such interpretation and the related financial statement impact have not yet been received. During the three months ended June 29, 2012, the Company made retrospective adjustments of $12.2 million to provisional amounts related to the Charter Acquisition, increasing the Goodwill balance, that were recognized at the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. These adjustments primarily relate to the Company’s valuation of inventory and the related deferred tax impact. Substantially all of the Goodwill recognized is not expected to be deductible for income tax purposes.

	January 13,
	2012
	(In thousands)
Trade receivables	$	687,803
Inventories		452,219
Property, plant and equipment		563,333
Goodwill		1,607,681
Intangible assets		715,643
Accounts payable		(372,241	)
Debt		(398,705	)
Other assets and liabilities, net		(467,425	)
		2,788,308
Less: net assets attributable to noncontrolling interest		(236,257	)
Net consideration	$	2,552,051

The following table summarizes Intangible assets acquired, excluding Goodwill, as of January 13, 2012:

	Intangible		Weighted-Average
	Asset		Amortization
	(In thousands)		Period (Years)
Trade names – indefinite life	$	363,628		n/a
Customer relationships		215,310		7.10
Acquired technology		77,485		10.33
Backlog		54,805		1.00
Trademarks		4,415		5.00
Intangible assets	$	715,643		6.84

Soldex

On May 26, 2012, the Company entered into a share purchase agreement with Inversiones Breca S.A. to acquire an interest of approximately 91% of Soldex S.A. (“Soldex”) for approximately $183.4 million. Soldex is organized under the laws of Peru and will complement our existing fabrication technology segment by supplying welding products from its plants in Colombia and Peru. The acquisition of Soldex is subject to certain regulatory approvals and currently expected to close during the third quarter of 2012.

Other

On April 13, 2012, the Company completed a $29.4 million acquisition of shares in ESAB India Limited, a publicly traded, less than wholly owned subsidiary in which the Company acquired a controlling interest in the Charter Acquisition. This resulted in an increase in the Company’s ownership of the subsidiary from 56% to 74%. This acquisition of shares was pursuant to a statutorily mandated tender offer triggered as a result of the Charter Acquisition.

In May 2012, the Company completed an $8.5 million acquisition, including the assumption of debt, of the remaining ownership of CJSC Sibes (“Sibes”), a less than wholly owned subsidiary in which the Company did not have a controlling interest. This resulted in an increase in the Company’s ownership of Sibes from 16% to 100%.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

6 Months Ended

Jun. 29, 2012

Goodwill and Intangible Assets Disclosure [Text Block]

4. Goodwill and Intangible Assets

The following table summarizes the activity in Goodwill, by segment, during the six months ended June 29, 2012:

	Gas and Fluid Handling		Fabrication Technology		Total
			(In thousands)
Balance, January 1, 2012	$	204,844	$	—	$	204,844
Goodwill attributable to Charter Acquisition		927,918		679,763		1,607,681
Goodwill attributable to Sibes acquisition		—		5,699		5,699
Impact of foreign currency translation		20,237		15,097		35,334
Balance, June 29, 2012	$	1,152,999	$	700,559	$	1,853,558

The following table summarizes the Intangible assets, excluding Goodwill:

	June 29, 2012					December 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Trade names – indefinite life	$	378,871	$	—		$	6,803	$	—
Acquired customer relationships		251,639		(20,691	)		29,798		(12,987	)
Acquired technology		97,156		(7,113	)		17,961		(2,791	)
Acquired backlog		59,568		(29,311	)		3,451		(2,033	)
Other intangible assets		9,447		(4,806	)		4,962		(4,135	)
	$	796,681	$	(61,921	)	$	62,975	$	(21,946	)

See Note 3, “Acquisitions” for additional information regarding the activity in Goodwill and intangible assets associated with the Charter Acquisition.

Amortization expense related to amortizable intangible assets was included in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Amortization expense	$	21,475	$	2,569	$	40,310	$	4,351

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

Earnings Per Share [Text Block]

Net Income (Loss) Per Share

6 Months Ended

Jun. 29, 2012

Earnings Per Share [Abstract]

5. Net Income (Loss) Per Share

Net income (loss) per share available to Colfax Corporation common shareholders was computed under the two-class method as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012			July 1, 2011
	(In thousands, except share data)
Net income (loss) available to Colfax Corporation common shareholders	$	7,293	$	10,390	$	(102,039	)	$	16,945
Less: net income attributable to participating securities⁽¹⁾		931		—		—			—
	$	6,362	$	10,390	$	(102,039	)	$	16,945
Weighted-average shares of Common stock outstanding— basic		93,953,620		43,615,735		87,973,900			43,556,689
Net effect of potentially dilutive securities⁽²⁾		779,544		661,499		—			647,251
Weighted-average shares of Common stock outstanding— diluted		94,733,164		44,277,234		87,973,900			44,203,940
Net income (loss) per share—basic	$	0.07	$	0.24	$	(1.16	)	$	0.39
Net income (loss) per share—diluted	$	0.07	$	0.23	$	(1.16	)	$	0.38

⁽¹⁾

Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP as the shares of the Company’s Series A Preferred Stock are considered participating securities.

⁽²⁾

Potentially dilutive securities consist of stock options and restricted stock units.

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 June 29, 2012 and July 1, 2011 excludes approximately 1.4 million and 0.5 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive. The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the six months ended June 29, 2012 and July 1, 2011 excludes approximately 1.4 million and 0.5 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive.

Income Taxes

6 Months Ended

Jun. 29, 2012

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

6. Income Taxes

During the three months ended June 29, 2012, Income before income taxes was $34.6 million and the Provision for income taxes was $15.9 million. The Provision for income taxes for the three months ended June 29, 2012 was significantly impacted by increased corporate overhead and Interest expense related to the combined organization reflected in the Condensed Consolidated Statement of Operations, which were incurred in jurisdictions where no tax benefit can be recognized.

During the six months ended June 29, 2012, Loss before income taxes was $8.5 million and the Provision for income taxes was $73.3 million, which was impacted by two significant items. Upon completion of the Charter Acquisition, certain deferred tax assets existing at that date were reassessed in light of the impact of the acquired businesses on expected future income or loss by country and future tax planning, including the impact of the post-acquisition capital structure. This assessment resulted in an increase in the Company’s valuation allowance to provide full valuation allowances against U.S. deferred tax assets. The increased valuation allowances resulted in an increase to the Provision for income taxes for the six months ended June 29, 2012 of $50.3 million. In addition, $43.6 million of Charter acquisition-related expense and increased corporate overhead and Interest expense reflected in the Condensed Consolidated Statement of Operations are either non-deductible or were incurred in jurisdictions where no tax benefit can be recognized. These two items are the principal cause of tax provision rather than the tax benefit which would result from the application of the U.S. federal statutory rate to the reported net loss.

During the three and six months ended July 1, 2011, Income before income taxes was $15.2 million and $24.8 million, respectively, and the Provision for income taxes was $4.9 million and $7.8 million, respectively. The effective tax rates of 31.8% and 31.5% for the three and six months ended July 1, 2011, respectively, differ from the U.S. federal statutory tax rate primarily due to international tax rates which are lower than the U.S. tax rate.

In accordance with GAAP, the Company records a liability for unrecognized income tax benefits for the amount of benefit included in its previously filed income tax returns and in its financial results expected to be included in income tax returns to be filed for periods through the date of its Condensed Consolidated Financial Statements for income tax positions for which it is more likely than not that a tax position will not be sustained upon examination by the respective taxing authority. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:

	(In thousands)
Balance, January 1, 2012		4,077
Addition for tax positions taken in prior periods		977
Addition for tax positions taken in the current period		2,044
Addition related to acquired entities		70,096
Other, including the impact of foreign currency translation		1,527
Balance, June 29, 2012	$	78,721

The Company is now subject to income tax in more than 100 countries and is routinely examined by tax authorities around the world. Tax examinations for years dating back to 1999 remain in process in multiple countries.

The Company’s total unrecognized tax benefits were $78.7 million and $4.1 million as of June 29, 2012 and December 31, 2011, respectively, inclusive of $15.8 million and $0.4 million, respectively, of interest and penalties. These amounts were offset in part by tax benefits of $0.5 million as of both June 29, 2012 and December 31, 2011. The net liabilities for uncertain tax positions as of June 29, 2012 and December 31, 2011 were $78.2 million and $3.6 million, respectively, and if recognized, would favorably impact the effective tax rate. The Company records interest and penalties on uncertain tax positions as a component of Provision for income taxes, which was $0.4 million and $0.1 million for the three months ended June 29, 2012 and July 1, 2011, respectively. Interest and penalties on uncertain tax positions for the six months ended June 29, 2012 and July 1, 2011 were $0.9 million and $0.1 million, respectively.

Due to the difficulty in predicting with reasonable certainty when tax audits will be fully resolved and closed, the range of reasonably possible significant increases or decreases in the liability for unrecognized tax benefits that may occur within the next 12 months is difficult to ascertain. Currently, the Company estimates that it is reasonably possible that the expiration of various statutes of limitations and resolution of tax audits may reduce its tax expense in the next 12 months up to $2.5 million.

The Charter Acquisition materially impacted the Company’s deferred tax assets, liabilities and valuation allowances. Significant components of the deferred tax assets and liabilities as of January 13, 2012 are estimated as follows:

	January 13, 2012
	Current			Non-Current
	(In thousands)
Deferred tax assets:
Post-retirement benefit obligation	$	1,474		$	106,948
Expenses currently not deductible		43,841			71,981
Net operating loss carryover		20,220			130,476
Tax credit carryover		—			15,482
Other		9,340			27,005
Total deferred tax assets		74,875			351,892
Valuation allowance		(20,872	)		(241,509	)
Deferred tax assets, net	$	54,003		$	110,383

Deferred tax liabilities:
Depreciation and amortization	$	—		$	58,495
Pension		—			22,022
Intangible assets		6,699			197,753
Other		1,721			27,038
Total deferred tax liabilities	$	8,420		$	305,308

Total deferred tax assets (liabilities), net	$	45,583		$	(194,925	)

Acquired subsidiaries with significant noncontrolling interests in India and China as well as a wholly owned Russian subsidiary are expected to remit dividends. Consequently, a liability of $11.8 million has been established as of June 29, 2012. All other undistributed earnings of the Company’s controlled international subsidiaries are considered to be permanently reinvested and no tax expense in the U.S. has been recognized under the applicable accounting standard for these reinvested earnings. The amount of deferred tax liability that would have been recognized had such earnings not been permanently reinvested is not reasonably determinable.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

6 Months Ended

Jun. 29, 2012

Property, Plant and Equipment Disclosure [Text Block]

7. Property, Plant and Equipment, Net

	Depreciable Life		June 29, 2012			December 31, 2011
	(In years)		(In thousands)
Land		n/a	$	30,324		$	14,786
Buildings and improvements		5-40		289,615			38,642
Machinery and equipment		3-15		415,115			134,548
Software		3-5		62,321			16,948
				797,375			204,924
Accumulated depreciation				(146,375	)		(113,985	)
Property, plant and equipment, net			$	651,000		$	90,939

Depreciation expense, including the amortization of assets recorded under capital leases, consisted of the following:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Total depreciation expense	$	17,193	$	3,228	$	34,417	$	6,365
Depreciation expense related to software		2,595		424		4,861		842

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

Inventory Disclosure [Text Block]

Inventories, Net

6 Months Ended

Jun. 29, 2012

Inventory Disclosure [Abstract]

8. Inventories, Net

Inventories, net consisted of the following:

	June 29,			December 31,
	2012			2011
	(In thousands)
Raw materials	$	165,344		$	25,241
Work in process		107,998			26,376
Finished goods		284,709			20,378
		558,051			71,995
Less: customer progress billings		(17,441	)		(9,124	)
Less: allowance for excess, slow-moving and obsolete inventory		(10,258	)		(6,735	)
Inventories, net	$	530,352		$	56,136

Debt

6 Months Ended

Jun. 29, 2012

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

9. Debt

Long-term debt consisted of the following:

	June 29,			December 31,
	2012			2011
	(In thousands)
Term loans	$	1,671,807		$	72,500
Revolving credit facilities and other		18,894			39,018
Total Debt		1,690,701			111,518
Less: current portion		(32,737	)		(10,000	)
Long-term debt	$	1,657,964		$	101,518

As of December 31, 2011, the Company was party to a credit agreement (the “Bank of America Credit Agreement”), led and administered by Bank of America, which was a senior secured structure with a revolving credit facility and term credit facility. The term credit facility bore interest at the London Interbank Offered Rate (“LIBOR”) plus a margin ranging from 2.25% to 2.75% determined by the total leverage ratio calculated at the end of each quarter. As of December 31, 2011, the interest rate was 2.55% inclusive of a margin of 2.25%. Additionally, an annual commitment fee on the revolver ranged from 40 basis points to 50 basis points determined by the Company’s total leverage ratio calculated at the end of each quarter. As of December 31, 2011, the commitment fee was 40 basis points and there was $21.0 million outstanding on the letter of credit sub-facility.

During the six months ended June 29, 2012, the Company terminated the Bank of America Credit Agreement in conjunction with the financing of the Charter Acquisition. Upon the early termination of the Bank of America Credit Agreement, the Company incurred a total pre-tax charge of $1.5 million, which includes the write-off of $1.0 million of deferred financing fees and $0.5 million of losses reclassified from Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheet for the related interest rate swap to Interest expense in the Condensed Consolidated Statement of Operations.

On January 13, 2012 and January 25, 2012, Colfax incurred debt consisting of: (i) a $200 million term A-1 facility, (ii) a $500 million term A-2 facility, (iii) a €157.6 million term A-3 facility and (iv) a $900 million term B facility pursuant to a credit agreement (the “Deutsche Bank Credit Agreement”) with Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and certain other lender parties named therein. In addition, the Deutsche Bank Credit Agreement has two revolving credit facilities which total $300 million in commitments (the “Revolver”). The Revolver includes a $200 million letter of credit sub-facility and a $50 million swingline loan sub-facility. The term A-1, term A-2, term A-3 and the Revolver variable-rate borrowings are subject to interest payments of LIBOR or the Euro Interbank Offered Rate (“EURIBOR”) plus a margin ranging from 2.50% to 3.25%, determined by our leverage ratio. Borrowings under the term B facility are also variable rate and are subject to interest payments of LIBOR plus a margin of 3.5%. The Revolver is subject to a commitment fee ranging from 37.5 and 50 basis points, determined by the Company’s leverage ratio. Additionally, as of June 29, 2012 the Company had an original issue discount of $62.4 million and deferred financing fees of $8.8 million, which were recognized in connection with the Deutsche Bank Credit Agreement, and will be accreted to Interest expense primarily using the effective interest method. The weighted-average interest rate of borrowings under the Deutsche Bank Credit Agreement for the six months ended June 29, 2012 was 3.90% and there was $291.9 million available on the Revolver, including $191.9 available on the letter of credit sub-facility.

The Company is also party to additional letter of credit facilities with total capacity of $473.9 million and $345.7 million outstanding as of June 29, 2012.

The contractual maturities of the Company’s debt as of June 29, 2012 are as follows⁽¹⁾:

	(In thousands)
Remainder of 2012	$	23,236
2013		19,000
2014		117,751
2015		189,001
2016		414,002
2017		144,001
Thereafter		846,157
Total contractual maturities		1,753,148
Debt discount		(62,447	)
Total debt	$	1,690,701

⁽¹⁾

Represents scheduled payments required under the Deutsche Bank Credit Agreement through the respective final maturities of the term A facilities through January 13, 2017 and the term B facility through January 13, 2019, as well as the contractual maturities of other Debt outstanding as of June 29, 2012.

In March 2012, the Company used a portion of the proceeds from the sale of Common stock to pay off $35.0 million in borrowings under the term A facilities in advance of the scheduled payments. In June 2012, the Company repaid an additional $26.3 million in borrowings under the term A facilities in advance of the scheduled payments. See Note 10, “Equity” for additional discussion regarding the Company’s stock issuances.

In connection with the Deutsche Bank Credit Agreement, the Company has pledged substantially all of its domestic subsidiaries’ assets and 65% of the shares of certain first tier international subsidiaries as collateral against borrowings to its U.S. companies. In addition, subsidiaries in certain foreign jurisdictions have guaranteed the Company’s obligations on borrowings of one of its European subsidiaries, as well as pledged substantially all of their assets for such borrowings to this European subsidiary under the Deutsche Bank Credit Agreement. The Deutsche Bank Credit Agreement contains customary covenants limiting the Company’s ability to, among other things, pay dividends, incur debt or liens, redeem or repurchase equity, enter into transactions with affiliates, make investments, merge or consolidate with others or dispose of assets. In addition, the Deutsche Bank Credit Agreement contains financial covenants requiring the Company to maintain a total leverage ratio, as defined therein, of not more than 4.95 to 1.0 and a minimum interest coverage ratio, as defined therein, of 2.0 to 1.0, measured at the end of each quarter, through the year ended December 31, 2012. The minimum interest coverage ratio increases by 25 basis points each year beginning in the year ended December 31, 2013 until it reaches 3.0 to 1.0 for the year ended December 31, 2016. The maximum total leverage ratio decreases to 4.75 to 1.0 for the year ended December 31, 2014 and decreases by 25 basis points for the two subsequent fiscal years until it reaches 4.25 to 1.0 for the year ended December 31, 2016. The Deutsche Bank Credit Agreement contains various events of default, including failure to comply with such financial covenants, 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 loans and the Revolver and foreclose on the collateral. The Company is in compliance with all such covenants as of June 29, 2012.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

Shareholders' Equity and Share-based Payments [Text Block]

Equity

6 Months Ended

Jun. 29, 2012

Equity [Abstract]

10. Equity

Common and Preferred Stock

On January 24, 2012, following approval by the Company’s shareholders, the Company’s Certificate of Incorporation was amended to increase the number of authorized shares from 210,000,000 shares to 420,000,000 shares, comprised of an increase in Common stock from 200,000,000 shares to 400,000,000 shares and an increase in Preferred stock from 10,000,000 shares to 20,000,000 shares.

In connection with the financing of the Charter Acquisition, on January 24, 2012, the Company sold (i) 14,756,945 shares of newly issued Colfax Common stock and (ii) 13,877,552 shares of newly created Series A perpetual convertible preferred stock, referred to as the Series A Preferred Stock, for an aggregate of $680 million (representing $24.50 per share of Series A Preferred Stock and $23.04 per share of Common stock) pursuant to a securities purchase agreement with BDT CF Acquisition Vehicle, LLC (the “BDT Investor”) as well as BDT Capital Partners Fund I-A, L.P., and Mitchell P. Rales, Chairman of Colfax’s Board of Directors, and his brother, Steven M. Rales (for the limited purpose of tag-along sales rights provided to the BDT Investor in the event of a sale or transfer of shares of Colfax Common stock by either or both of Mitchell P. Rales and Steven M. Rales). Under the terms of the Series A Preferred Stock, holders are entitled to receive cumulative cash dividends, payable quarterly, at a per annum rate of 6% of the liquidation preference (defined as $24.50, subject to customary antidilution adjustments), provided that the dividend rate shall be increased to a per annum rate of 8% if the Company fails to pay the full amount of any dividend required to be paid on such shares until the date that full payment is made.

The Series A Preferred Stock is convertible, in whole or in part, at the option of the holders at any time after the date the shares were issued into shares of Colfax Common stock at a conversion rate determined by dividing the liquidation preference by a number equal to 114% of the liquidation preference, subject to certain adjustments. The Series A Preferred Stock is also convertible, in whole or in part, at the option of Colfax on or after the third anniversary of the issuance of the shares at the same conversion rate if, among other things: (i) for the preceding thirty trading days, the closing price of Colfax Common stock on the New York Stock Exchange exceeds 133% of the applicable conversion price and (ii) Colfax has declared and paid or set apart for payment all accrued but unpaid dividends on the Series A Preferred Stock.

On January 24, 2012, Colfax sold 2,170,139 shares of newly issued Colfax Common stock to each of Mitchell P. Rales, Chairman of Colfax’s Board of Directors, and his brother Steven M. Rales and 1,085,070 shares of newly issued Colfax Common stock to Markel Corporation, a Virginia corporation (“Markel”) at $23.04 per share, for an aggregate of $125 million, pursuant to separate securities purchase agreements with Mitchell P. Rales and Steven M. Rales, each of whom were beneficial owners of 20.9% of Colfax’s Common stock, and Markel. Thomas S. Gayner, a member of Colfax’s Board of Directors, is President and Chief Investment Officer of Markel.

Consideration paid to Charter shareholders included 0.1241 shares of newly issued Colfax Common stock in exchange for each share of Charter’s ordinary stock, which resulted in the issuance of 20,735,493 shares of Common stock on January 24, 2012.

In conjunction with the issuance of the Common and Preferred stock discussed above, the Company recognized $14.6 million in equity issuance costs which were recorded as a reduction to Additional paid-in capital during the six months ended June 29, 2012.

On March 5, 2012, the Company sold 8,000,000 shares of newly issued Colfax Common stock to underwriters for public resale pursuant to a shelf registration statement for an aggregate purchase price of $272 million. Further, on March 9, 2012, the underwriters of the March 5, 2012 equity offering exercised their over-allotment option and the Company sold an additional 1,000,000 shares of newly issued Colfax Common stock to the underwriters for public resale pursuant to a shelf registration statement for an aggregate purchase price of $34 million. In conjunction with these issuances, the Company recognized $12.6 million in equity issuance costs which were recorded as a reduction to Additional paid-in capital during the six months ended June 29, 2012.

Dividend Restrictions

Beginning on January 13, 2012, the Company is subject to dividend restrictions under the Deutsche Bank Credit Agreement, which limit the total amount of cash dividends the Company may pay and Common stock repurchases the Company may make to $50 million annually, in the aggregate.

Accumulated Other Comprehensive Loss

The activity in the components of Accumulated other comprehensive loss during the six months ended June 29, 2012 is as follows:

	Foreign Currency Translation Adjustment⁽¹⁾			Unrealized Losses on Hedging Activities			Net Unrecognized Pension and Other Post- Retirement Benefit Cost			Accumulated Other Comprehensive Loss
	(In millions)
Balance at January 1, 2012	$	(5,537	)	$	(471	)	$	(164,785	)	$	(170,793	)
ESAB India repurchase of additional noncontrolling interest		(2,644	)		—			—			(2,644	)
Change during 2012		23,660			(1,488	)		4,158			26,330
Balance at June 29, 2012	$	15,479		$	(1,959	)	$	(160,627	)	$	(147,107	)

⁽¹⁾

The activity in Accumulated other comprehensive loss related to foreign currency translation for the six months ended June 29, 2012 excludes the $(1.3) million impact of foreign currency translation related to Noncontrolling interest during the period.

Share-Based Payments

The Company measures and recognizes compensation expense related to share-based payments based on the fair value of the instruments issued. Stock-based compensation expense is generally recognized as a component of Selling, general and administrative expense in the Condensed Consolidated Statements of Operations, as payroll costs of the employees receiving the awards are recorded in the same line item.

The Condensed Consolidated Statements of Operations reflect the following amounts related to stock-based compensation:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011⁽¹⁾
	(In thousands)
Stock-based compensation expense	$	2,793	$	1,111	$	3,988	$	2,827
Deferred tax benefits		166		391		241		989

⁽¹⁾

Includes approximately $0.2 million of stock-based compensation expense included in Restructuring and other related charges in the Condensed Consolidated Statement of Operations related to the accelerated vesting of certain awards as part of the termination benefits of one employee.

As of June 29, 2012, the Company had $27.4 million of unrecognized compensation expense related to stock-based awards that will be recognized over a weighted-average period of approximately 2.6 years.

Stock Options

Stock-based compensation expense for stock option awards is based upon the grant-date fair value using the Black-Scholes option pricing model. The Company recognizes compensation expense for stock option awards on a ratable basis over the requisite service period of the entire award. The following table shows the weighted-average assumptions used to calculate the fair value of stock option awards using the Black-Scholes option pricing model, as well as the weighted-average fair value of options granted:

	Six Months Ended
	June 29, 2012

Expected period that options will be outstanding (in years)		5.50
Interest rate (based on U.S. Treasury yields at the time of grant)		1.03	%
Volatility		42.10	%
Dividend yield		—
Weighted-average fair value of options granted	$	12.97

Expected volatility is estimated based on the historical volatility of comparable public companies. The Company considers historical data to estimate employee termination within the valuation model. Separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. Since the Company has limited option exercise history, it has generally elected to estimate the expected life of an award based upon the SEC-approved “simplified method” noted under the provisions of Staff Accounting Bulletin No. 107 with the continued use of this method extended under the provisions of Staff Accounting Bulletin No. 110.

Stock option activity is as follows:

	Number of Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (In years)		Aggregate Intrinsic Value⁽¹⁾ (In thousands)
Outstanding at December 31, 2011		1,461,157			14.76
Granted		1,101,164			32.92
Exercised		(237,487	)		12.97
Forfeited		(14,121	)		22.12
Expired		(9,215	)		12.21
Outstanding at June 29, 2012		2,301,498		$	23.60		5.65	$	15,002
Vested or expected to vest at June 29, 2012		2,288,004		$	23.53		5.64	$	15,010
Exercisable at June 29, 2012		763,358		$	14.00		4.29	$	10,390

⁽¹⁾

The aggregate intrinsic value is based upon the difference between the Company’s closing stock price at the date of the Consolidated Balance Sheet and the exercise price of the stock option for in-the-money stock options. The intrinsic value of outstanding stock options fluctuates based upon the trading value of the Company’s Common stock.

Restricted Stock Units

The fair value of performance-based restricted stock units (“PRSUs”) and restricted stock units (“RSUs”) is equal to the market value of a share of Common stock on the date of grant, and the related compensation expense is recognized ratably over the requisite service period and, for PRSUs, when it is expected that any of the performance criterion will be achieved.

The activity in the Company’s PRSUs and RSUs is as follows:

	PRSUs					RSUs
	Number of Units			Weighted- Average Grant Date Fair Value		Number of Units			Weighted- Average Grant Date Fair Value
Nonvested at December 31, 2011		324,447		$	15.99		64,263		$	14.71
Granted		283,804			33.48		15,343			31.96
Vested		(17,705	)		18.00		(35,774	)		12.57
Forfeited		(12,899	)		18.41		—			—
Nonvested at June 29, 2012		577,647		$	24.47		43,832		$	22.50

Accrued Liabilities

6 Months Ended

Jun. 29, 2012

Accrued Liabilities [Abstract]

Accrued Liabilities Disclosure [Text Block]

11. Accrued Liabilities

Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following:

	June 29, 2012		December 31, 2011
	(In thousands)
Accrued payroll	$	101,183	$	21,415
Advance payment from customers		92,783		14,704
Accrued taxes		92,564		4,911
Accrued asbestos-related liability		66,525		76,295
Warranty liability – current portion		36,910		2,987
Accrued restructuring liability – current portion		17,014		4,573
Accrued pension liability		16,944		1,267
Accrued interest		11,161		75
Accrued third-party commissions		11,154		5,884
Accrued Charter Acquisition-related liability		1,742		29,430
Other		95,525		14,466
Accrued liabilities	$	543,505	$	176,007

Warranty Liability

Estimated expenses related to product warranties are accrued at the time products are sold to customers and included in Cost of sales in the Condensed Consolidated Statements of Operations. Estimates are established using historical information as to the nature, frequency, and average costs of warranty claims.

The activity in the Company’s warranty liability consisted of the following:

	Six Months Ended
	June 29,			July 1,
	2012			2011
	(In thousands)
Warranty liability, beginning of period	$	2,987		$	2,963
Accrued warranty expense		8,728			1,680
Changes in estimates related to pre-existing warranties		511			582
Cost of warranty service work performed		(12,139	)		(1,151	)
Acquisitions		44,476			447
Foreign exchange translation effect		(1,695	)		240
Warranty liability, end of period	$	42,868		$	4,761

Accrued Restructuring Liability

The Company initiated a series of restructuring actions at its fluid-handling operations beginning in 2009 in response to then current and expected future economic conditions. During the six months ended July 1, 2011, the Company relocated its Richmond, Virginia corporate headquarters to Fulton, Maryland in order to provide improved access to international travel and to its key advisors and eliminated an executive position in its German operations. During the year ended December 31, 2011, the Company also communicated initiatives to improve productivity and reduce structural costs by rationalizing and leveraging its existing assets and back office functions. These initiatives include the consolidation of the Company’s commercial marine end-market operations, the reduction in the back office personnel at several distribution centers in Europe, the closure of a small facility that previously produced units sold to certain customers located in the Middle East that the Company ceased supplying to during the year ended December 31, 2010, and the closure of a Portland, Maine production facility and consolidation of the operations with a Warren, Massachusetts facility.

As a result of the Charter Acquisition, the Company’s restructuring programs expanded to include ongoing initiatives at the Company’s fabrication technology operations and efforts to reduce the structural costs and rationalize the corporate overhead of the combined businesses. Initiatives at the Company’s fabrication technology operations include the transfer of European capacity, a reduction in fixed overhead in Europe and the replacement of an old factory in the U.S. with a modern, lower cost and higher capacity facility.

The Condensed Consolidated Statements of Operations reflect the following amounts related to the Company’s restructuring activities:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011⁽¹⁾
	(In thousands)
Restructuring and other related charges	$	18,558	$	242	$	27,201	$	2,219

⁽¹⁾

Includes $0.2 million of non-cash stock-based compensation expense.

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:

	Six Months Ended June 29, 2012
	Balance at Beginning of Period		Acquisitions		Provisions		Payments			Foreign Currency Translation			Balance at End of Period
	(In thousands)
Restructuring and other related charges:
Termination benefits⁽¹⁾	$	3,868	$	6,324	$	22,296	$	(17,216	)	$	(118	)	$	15,154
Facility closure costs⁽²⁾		633		3,910		1,085		(2,073	)		(16	)		3,539
Other related charges		72		—		3,820		(2,952	)		—			940
	$	4,573	$	10,234	$	27,201	$	(22,241	)	$	(134	)	$	19,633

⁽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 and training associates, relocating equipment and lease termination expense in connection with the closure of facilities, discussed above.

The Company expects to incur Restructuring and other related charges of approximately $16.0 million during the remainder of 2012 related to these restructuring activities.

Net Periodic Benefit Cost Defined Benefit Plans

6 Months Ended

Jun. 29, 2012

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

12. Net Periodic Benefit Cost–Defined Benefit Plans

In conjunction with the Charter Acquisition, the Company acquired a net pension and other post-retirement benefit liability of $206.0 million as of January 13, 2012 and increased its pension and other post-retirement benefit plans by 44 plans. Of the total plans acquired, 40 were underfunded by a total amount of $256.8 million and three were overfunded by a total amount of $50.8 million. Employer contributions to pension and other post-retirement employee benefit plans during the six months ended June 29, 2012 were $39.2 million, and the Company expects to make additional contributions ranging from $15 million to $25 million during the remainder of the year ended December 31, 2012. Contributions during the six months ended June 29, 2012 included $18.9 million of supplemental contributions to pension plans in the United Kingdom as a result of financing the Charter Acquisition. See Note 3, “Acquisitions” for additional information regarding the Charter Acquisition.

The following table sets forth the components of net periodic benefit cost of the defined benefit pension plans and the Company’s other post-retirement employee benefit plans:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Pension Benefits—U.S. Plans:
Service cost	$	—		$	—		$	—		$	—
Interest cost		4,660			2,842			9,345			5,692
Expected return on plan assets		(6,012	)		(4,165	)		(12,043	)		(8,329	)
Amortization		1,854			1,313			3,600			2,626
Net periodic benefit cost (credit)	$	502		$	(10	)	$	902		$	(11	)

Pension Benefits—Non U.S. Plans:
Service cost	$	728		$	334		$	1,560		$	622
Interest cost		8,147			1,273			16,101			2,487
Expected return on plan assets		(4,732	)		(363	)		(9,490	)		(716	)
Amortization		190			159			380			313
Settlement loss⁽¹⁾		—			1,499			—			1,499
Net periodic benefit cost	$	4,333		$	2,902		$	8,551		$	4,205

Other Post-Retirement Benefits:
Service cost	$	63		$	—		$	102		$	—
Interest cost		313			173			639			345
Amortization		233			213			466			426
Net periodic benefit cost	$	609		$	386		$	1,207		$	771

⁽¹⁾

During the three and six months ended July 1, 2011, the Company terminated a frozen pension plan of one of its non-U.S. subsidiaries.

The entire disclosure for pension and other postretirement benefits.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Financial Instruments and Fair Value Measurements [Abstract]

Financial Instruments and Fair Value Measurements

6 Months Ended

Jun. 29, 2012

Fair Value Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Text Block]

13. Financial Instruments and Fair Value Measurements

The carrying values of financial instruments, including Trade receivables, Accounts payable and Accrued liabilities, approximate their fair values due to their short-term maturities. The estimated fair value of the Company’s debt of $1.7 billion and $110.9 million as of June 29, 2012 and December 31, 2011, respectively, was based on current interest rates for similar types of borrowings and is in Level Two of the fair value hierarchy. The estimated fair values may not represent actual values of the financial instruments that could be realized as of the balance sheet date or that will be realized in the future.

A summary of the Company’s assets and liabilities that are measured at fair value on a recurring basis for each fair value hierarchy level for the periods presented follows:

	June 29, 2012
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	238,510	$	—	$	—	$	238,510
Foreign currency contracts related to sales – designated as hedges		—		3,546		—		3,546
Foreign currency contracts related to sales – not designated as hedges		—		2,898		—		2,898
Foreign currency contracts related to purchases – designated as hedges		—		608		—		608
Foreign currency contracts related to purchases – not designated as hedges		—		1,842		—		1,842
Deferred compensation plans		—		2,249		—		2,249
	$	238,510	$	11,143	$	—	$	249,653

Liabilities:
Foreign currency contracts related to sales – designated as hedges		—		5,884		—		5,884
Foreign currency contracts related to sales – not designated as hedges		—		4,830		—		4,830
Foreign currency contracts related to purchases – designated as hedges		—		995		—		995
Foreign currency contracts related to purchases – not designated as hedges		—		1,618		—		1,618
Deferred compensation plans		—		2,249		—		2,249
Liability for contingent payments		—		—		4,715		4,715
	$	—	$	15,576	$	4,715	$	20,291

	December 31, 2011
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	15,540	$	—	$	—	$	15,540
Foreign currency contracts – primarily related to customer sales contracts		—		5		—		5
	$	15,540	$	5	$	—	$	15,545

Liabilities:
Interest rate swap	$	—	$	471	$	—	$	471
Foreign currency contracts – acquisition-related		—		14,986		—		14,986
Foreign currency contracts – primarily related to customer sales contracts		—		371		—		371
Liability for contingent payments		—		—		4,359		4,359
	$	—	$	15,828	$	4,359	$	20,187

There were no transfers in or out of Level One, Two or Three during the six months ended June 29, 2012.

Cash Equivalents

The Company’s cash equivalents consist of investments in interest-bearing deposit accounts and money market mutual funds which are valued based on quoted market prices. The fair value of these investments approximates cost due to their short-term maturities and the high credit quality of the issuers of the underlying securities.

Derivatives

The Company periodically enters into foreign currency, interest rate swap, and commodity derivative contracts. The Company uses interest rate swaps to manage exposure to interest rate fluctuations. Foreign currency contracts are used to manage exchange rate fluctuations. Commodity futures contracts are used to manage costs of raw materials used in the Company’s production processes.

The Company enters into such contracts with financial institutions of good standing, and the total credit exposure related to non-performance by those institutions is not material to the operations of the Company. The Company does not enter into derivative contracts for trading purposes.

Interest rate swaps are valued based on forward curves observable in the market. Foreign currency contracts are measured using broker quotations or observable market transactions in either listed or over-the-counter markets. There were no changes during the periods presented in the Company’s valuation techniques used to measure asset and liability fair values on a recurring basis. For transactions in which the instrument has been designated as a cash flow hedge, changes in the fair value of the derivative are reported in Accumulated other comprehensive loss to the extent they are effective at offsetting changes in the hedged item. For transactions in which the instrument has been designated as a fair value hedge, changes in the fair value of the derivative are reported in either Trade receivables or Accounts payable to the extent they are effective at offsetting changes in the hedged item. Changes in the fair value of certain derivatives not designated as hedges, related to the Charter Acquisition, are recognized in Charter acquisition-related expense in the Condensed Consolidated Statements of Operations, while changes in the fair value of all other derivatives not designated as hedges are recognized as a component of Selling, general and administrative expense in the Condensed Consolidated Statements of Operations.

Interest Rate Swap. The notional value of the Company’s interest rate swap was $25 million as of December 31, 2011, which exchanged its LIBOR-based variable-rate interest for a fixed rate of 4.1375%. On January 11, 2012, the Company terminated its interest rate swap in conjunction with the repayment of the Bank of America Credit Agreement and reclassified $0.5 million of net losses from Accumulated other comprehensive loss to Interest expense in the Condensed Consolidated Statement of Operations.

Foreign Currency Contracts. As of June 29, 2012 and December 31, 2011, the Company had foreign currency contracts with the following notional values:

	June 29, 2012		December 31, 2011
	(In thousands)
Foreign currency contracts sold – not designated as hedges	$	231,756	$	—
Foreign currency contracts sold – designated as hedges		230,669		5,116
Foreign currency contracts purchased – not designated as hedges		273,605		—
Foreign currency contracts purchased – designated as hedges		32,225		—
Foreign currency contracts – acquisition related		—		2,749,000
Total foreign currency derivatives	$	768,255	$	2,754,116

The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Contracts Designated as Hedges:
Interest Rate Swap:
Unrealized loss	$	—		$	(33	)	$	—		$	(133	)
Realized loss		—			(495	)		(471	)		(980	)
Foreign Currency Contracts – related to customer sales contracts:
Unrealized loss		(3,557	)		—			(2,248	)		—
Realized gain (loss)		75			—			(680	)		—
Foreign Currency Contracts – related to supplier purchase contracts:
Unrealized loss		(243	)		—			(849	)		—
Realized gain		325			—			235			—
Unrealized gain (loss) on net investment hedge		9,875			—			(4	)		—
Contracts Not Designated in a Hedge Relationship:
Foreign Currency Contracts – acquisition-related:
Realized loss		—			—			(7,177	)		—
Foreign Currency Contracts – primarily related to customer sales contracts:
Unrealized (loss) gain		(2,137	)		274			(1,394	)		700
Realized (loss) gain		(218	)		157			876			174

Liability for Contingent Payments

The Company’s liability for contingent payments represents the fair value of estimated additional cash payments related to its acquisition of COT-Puritech in December of 2011, which are subject to the achievement of certain performance goals, and is included in Other liabilities in the Condensed Consolidated Balance Sheets. The fair value of the liability for contingent payments represents the present value of probability weighted expected cash flows based upon the Company’s internal model and projections and is included in Level Three of the fair value hierarchy. During the three and six months ended June 29, 2012, $0.2 million and $0.4 million of accretion was recognized in Interest expense in the Condensed Consolidated Statements of Operations related to the Company’s liability for contingent payments. Realized or unrealized gains or losses in future periods will be recognized in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations.

Commitments and Contingencies

6 Months Ended

Jun. 29, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

14. Commitments and Contingencies

For further description of the Company’s litigation and contingencies, reference is made to Note 17, “Commitments and Contingencies” in the Notes to Consolidated Financial Statements for the year ended December 31, 2011.

Asbestos and Other Product Liability Contingencies

Claims activity since December 31 related to asbestos claims of our fluid-handling subsidiaries is as follows⁽¹⁾:

	Six Months Ended
	June 29,			July 1,
	2012			2011
	(Number of claims)
Claims unresolved, beginning of period		23,682			24,764
Claims filed⁽²⁾		2,045			1,760
Claims resolved⁽³⁾		(1,676	)		(4,504	)
Claims unresolved, end of period		24,051			22,020

⁽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:

	June 29, 2012		December 31, 2011
	(In thousands)
Current asbestos insurance asset⁽¹⁾	$	34,800	$	43,452
Current asbestos insurance receivable⁽¹⁾		50,234		33,696
Long-term asbestos insurance asset⁽²⁾		326,236		326,838
Long-term asbestos insurance receivable⁽²⁾		7,063		14,034
Accrued asbestos liability⁽³⁾		38,916		48,700
Long-term asbestos liability⁽⁴⁾		383,020		382,394

⁽¹⁾

Included in Other current assets in the Condensed Consolidated Balance Sheets.

⁽²⁾

Included in Other assets in the Condensed Consolidated Balance Sheets.

⁽³⁾

Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the fluid handling 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.

In addition to the asbestos litigation of our fluid-handling subsidiaries, certain subsidiaries acquired in conjunction with the Charter Acquisition have been named as defendants in asbestos related actions in the U.S. These lawsuits have alleged that the defendants were liable for acts of a former affiliate. The defendants have contested these actions and, in most cases, have obtained dismissals. The Company expects to continue to defend successfully the actions brought against them.

Additionally, another subsidiary acquired in conjunction with the Charter Acquisition has been named as a defendant in a number of lawsuits in state and federal courts in the U.S. alleging personal injuries from exposure to manganese in the fumes of welding consumables. This subsidiary, along with other co-defendants, entered into an agreement with plaintiffs’ counsel that provides for the dismissal with prejudice of substantially all of the pending manganese claims.

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.

In June 2012, one of the Company’s subsidiaries entered into a settlement agreement for and made a payment of $8.5 million associated with a complaint in a case brought by Litton Industries, Inc. in the Superior Court of New Jersey. The settlement had no impact on the Condensed Consolidated Statements of Operations for the three and six months ended June 29, 2012.

The Company is also involved in various other pending legal proceedings arising out of the ordinary course of the Company’s business. None of these legal proceedings are expected to have a material adverse effect on the financial condition, results of operations or cash flow of the Company. With respect to these proceedings and the litigation and claims described in the preceding paragraphs, management of the Company believes that it will either prevail, has adequate insurance coverage or has established appropriate reserves to cover potential liabilities. Any costs that management estimates may be paid related to these proceedings or claims are accrued when the liability is considered probable and the amount can be reasonably estimated. There can be no assurance, however, as to the ultimate outcome of any of these matters, and if all or substantially all of these legal proceedings were to be determined adverse to the Company, there could be a material adverse effect on the financial condition, results of operations or cash flow of the Company.

The entire disclosure for commitments and contingencies.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Segment Reporting Disclosure [Text Block]

Segment Information

6 Months Ended

Jun. 29, 2012

Segment Reporting [Abstract]

15. Segment Information

Upon the closing of the Charter Acquisition, the Company changed the composition of its reportable segments to reflect the changes in its internal organization resulting from the integration of the acquired businesses. The Company now conducts its operations through the following business segments:

Gas & Fluid Handling – a global supplier of a broad range of gas- and fluid-handling products, including pumps, fluid-handling systems and controls, specialty valves, heavy-duty centrifugal and axial fans, rotary heat exchangers and gas compressors, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets; and

Fabrication Technology – a global supplier of welding equipment and consumables, cutting equipment and consumables and automated welding and cutting systems.

Certain amounts not allocated to the two reportable segments and intersegment eliminations are reported under the heading “Corporate and other.” The Company’s management evaluates the operating results of each of its reportable segments based upon Net sales and segment operating income (loss), which represents Operating income before Restructuring and other related charges.

The Company’s segment results were as follows:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Net Sales:
Gas and fluid handling	$	496,495		$	186,749		$	921,826		$	345,307
Fabrication technology		549,158			—			1,010,193			—
	$	1,045,653		$	186,749		$	1,932,019		$	345,307

*Segment operating income (loss)⁽¹⁾:*
Gas and fluid handling	$	45,112		$	21,577		$	64,921		$	40,560
Fabrication technology		45,411			—			62,407			—
Corporate and other		(11,659	)		(4,628	)		(63,952	)		(10,302	)
	$	78,864		$	16,949		$	63,376		$	30,258

Depreciation and Amortization:
Gas and fluid handling	$	27,820		$	6,792		$	57,364		$	12,075
Fabrication technology		11,139			—			38,768			—
Corporate and other		4,264			241			8,895			485
	$	43,223		$	7,033		$	105,027		$	12,560

Capital Expenditures:
Gas and fluid handling	$	10,266		$	3,321		$	19,560		$	6,035
Fabrication technology		11,848			—			21,452			—
Corporate and other		—			20			—			342
	$	22,114		$	3,341		$	41,012		$	6,377

⁽¹⁾

The following is a reconciliation of Income (loss) before income taxes to segment operating income:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012			July 1, 2011
	(In thousands)
Income (loss) before income taxes	$	34,565	$	15,245	$	(8,548	)	$	24,750
Interest expense		25,741		1,462		44,723			3,289
Restructuring and other related charges		18,558		242		27,201			2,219
Segment operating income	$	78,864	$	16,949	$	63,376		$	30,258

	June 29,		December 31,
	2012		2011
	(In thousands)
Investment in Equity Method Investees:
Gas and fluid handling	$	10,508	$	7,680
Fabrication technology		35,952		—
Corporate and other		—		—
	$	46,460	$	7,680
Total Assets:
Gas and fluid handling	$	3,274,739	$	947,773
Fabrication technology		2,356,708		—
Corporate and other		373,421		140,770
	$	6,004,868	$	1,088,543

The detail of the Company’s operations by geography and product type is as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Net Sales by Origin:
United States	$	188,246	$	50,454	$	368,812	$	97,643
Foreign		857,407		136,295		1,563,207		247,664
	$	1,045,653	$	186,749	$	1,932,019	$	345,307
Net Sales by Major Product Group:
Gas handling	$	322,566	$	—	$	586,162	$	—
Fluid handling		173,929		186,749		335,664		345,307
Welding and cutting		549,158		—		1,010,193		—
	$	1,045,653	$	186,749	$	1,932,019	$	345,307

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Accounting Policies (Policies)	6 Months Ended
Accounting Policies (Policies)	Jun. 29, 2012
Accounting Policies [Abstract]
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition - Construction Contracts The Company recognizes revenue and cost of sales on gas-handling construction projects using the “percentage of completion method” in accordance with GAAP. Under this method, contract revenues are recognized over the performance period of the contract in direct proportion to the costs incurred as a percentage of total estimated costs for the entirety of the contract. Any recognized revenues that have not been billed to a customer are recorded as a component of Trade receivables and any billings of customers in excess of recognized revenues are recorded as a component of Accounts payable. As of June 29, 2012, there were $169.2 million of revenues in excess of billings and of $149.7 million of billings in excess of revenues on construction contracts in the Condensed Consolidated Balance Sheet. The Company has contracts in various stages of completion. Such contracts require estimates to determine the appropriate cost and revenue recognition. Significant management judgments and estimates, including estimated costs to complete projects, must be made and used in connection with revenue recognized during each period. Current estimates may be revised as additional information becomes available. See Note 15, “Segment Information” for sales by major product group.
Cost Method Investments, Policy [Policy Text Block]	Noncontrolling Interests The Company’s Condensed Consolidated Financial Statements include the accounts of the Company and its subsidiaries. Less than wholly owned subsidiaries, including joint ventures, are consolidated when it is determined that the Company has a controlling financial interest, which is generally determined when the Company holds a majority voting interest. When protective rights, substantive rights or other factors exist, further analysis is performed in order to determine whether or not there is a controlling financial interest. The Condensed Consolidated Financial Statements reflect the assets, liabilities, revenues and expenses of consolidated subsidiaries and the noncontrolling parties’ ownership share is presented as a noncontrolling interest.
Derivatives, Policy [Policy Text Block]	Derivatives The Company is subject to foreign currency risk associated with the retranslation of the net assets of foreign subsidiaries to U.S. dollars on a periodic basis. The Company’s Deutsche Bank Credit Agreement (as defined and further discussed in Note 9, “Debt”) includes a €157.6 million term A-3 facility, which has been designated as a net investment hedge in order to mitigate a portion of this risk. Derivative instruments are generally recognized on a gross basis in the Condensed Consolidated Balance Sheets in either Other current assets, Other assets, Accrued liabilities or Other liabilities depending upon their respective fair values and maturity dates. The Company designates a portion of its foreign exchange contracts as fair value hedges. For all instruments designated as hedges, including net investment hedges, cash flow hedges and fair value hedges, the Company formally documents the relationship between the hedging instrument and the hedged item, as well as the risk management objective and the strategy for using the hedging instrument. The Company assesses whether the relationship between the hedging instrument and the hedged item is highly effective at offsetting changes in the fair value both at inception of the hedging relationship and on an ongoing basis. For cash flow hedges and net investment hedges, unrealized gains and losses are recognized as a component of Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheets to the extent that it is effective at offsetting the change in the fair value of the hedged item and realized gains and losses are recognized in the Condensed Consolidated Statements of Operations consistent with the underlying hedged instrument. Gains and losses related to fair value hedges are recorded as an offset to the fair value of the underlying asset or liability, primarily Trade receivables and Accounts payable in the Condensed Consolidated Balance Sheets. See Note 13, “Financial Instruments and Fair Value Measurements” for additional information regarding the Company’s derivative instruments.
Equity Method Investments, Policy [Policy Text Block]	Equity Method Investments Investments in joint ventures, where the Company has a significant influence but not a controlling interest, are accounted for using the equity method of accounting. Investments accounted for under the equity method are initially recorded at the amount of the Company’s initial investment and adjusted each period for the Company’s share of the investee’s income or loss and dividends paid. All equity investments are reviewed periodically for indications of other than temporary impairment, including, but not limited to, significant and sustained decreases in quoted market prices or a series of historic and projected operating losses by investees. If the decline in fair value is considered to be other than temporary, an impairment loss is recorded and the investment is written down to a new carrying value. Investments in joint ventures acquired in the Charter Acquisition were recognized in the opening balance sheet at fair value. See Note 3, “Acquisitions” for additional information regarding the assets acquired in the Charter Acquisition.

Disclosure of accounting policy for the cost method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. An entity also may describe how such investments are assessed for impairment.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2196929

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 325
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6872867&loc=d3e40691-111596

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 325
-SubTopic 20
-URI http://asc.fasb.org/subtopic&trid=2197087

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5, 7, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 6
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 7, 10, 11, 12, 13, 15, 18
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 12
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 19
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Disclosure of accounting policy for its derivative instruments and hedging activities.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41675-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 39
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph n
-Article 4

Disclosure of accounting policy for the equity method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. The accounting policy may include information such as: (1) initially recording an investment in the stock of an investee at cost; (2) adjusting the carrying amount of the investment to recognize the investor's share of the earnings or losses of the investee after the date of acquisition; and (3) adjustments to reflect the investor's share of changes in the investee's capital (dividends). This disclosure may also include a detailed description of the policy for determining the amount of equity method losses recognized after an investment has been reduced to zero as a result of previous losses, reasons for not using the equity method when the investor company owns 20 percent or more of the voting stock of the investee's company (including identification of the significant investee), reasons for using the equity method when the ownership percentage is less than 20 percent, and discussion of recognition of equity method losses when an investor's total investment in an investee includes, in addition to an investment in common stock, other investments such as preferred stock and loans to the investee. An entity also may describe how such investments are assessed for impairment.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2196966

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5, 6, 16-20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 98-13
-Paragraph 5, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 02-14
-Paragraph 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number D-46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 99-10
-Paragraph 6, 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 12
-Article 5

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-16
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Disclosure of accounting policy for revenue recognition for long-term construction-type contracts accounted for using the percentage-of-completion method. The disclosure would generally be expected to include the method or methods of measuring extent of progress toward completion. If the entity departs from using the percentage-of-completion method for a single contract or a group of contracts for which reasonably dependable estimates cannot be made, such a departure from the basic policy is disclosed. The disclosure may also describe the accounting for significant changes in estimate.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18823-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6407836&loc=d3e57942-111643

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6407836&loc=d3e57953-111643

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6407836&loc=d3e57967-111643

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 13.B.Q1)
-URI http://asc.fasb.org/extlink&oid=6600647&loc=d3e214044-122780

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 81-1
-Paragraph 21-25, 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 13
-Section B
-Paragraph Question 1

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 45
-Paragraph 3-8, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 11-22
-Chapter 11
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Business Acquisition, Pro Forma Information [Table Text Block]

Acquisition (Tables)

6 Months Ended

Jun. 29, 2012

Business Combinations [Abstract]

	Three Months Ended					Six Months Ended
	June 29, 2012		July 1, 2011			June 29, 2012		July 1, 2011
	(Unaudited, in thousands)
Net sales	$	1,045,653	$	1,019,799		$	2,001,444	$	1,874,015
Net income (loss) available to Colfax common shareholders⁽¹⁾		22,991		(59,820	)		37,195		(109,250	)

⁽¹⁾

Schedule of Purchase Price Allocation [Table Text Block]

	January 13,
	2012
	(In thousands)
Trade receivables	$	687,803
Inventories		452,219
Property, plant and equipment		563,333
Goodwill		1,607,681
Intangible assets		715,643
Accounts payable		(372,241	)
Debt		(398,705	)
Other assets and liabilities, net		(467,425	)
		2,788,308
Less: net assets attributable to noncontrolling interest		(236,257	)
Net consideration	$	2,552,051

Schedule Of Acquired Intangible Assets [Table Text Block]

The following table summarizes Intangible assets acquired, excluding Goodwill, as of January 13, 2012:

	Intangible		Weighted-Average
	Asset		Amortization
	(In thousands)		Period (Years)
Trade names – indefinite life	$	363,628		n/a
Customer relationships		215,310		7.10
Acquired technology		77,485		10.33
Backlog		54,805		1.00
Trademarks		4,415		5.00
Intangible assets	$	715,643		6.84

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 29, 2012

Schedule of Goodwill [Table Text Block]

The following table summarizes the activity in Goodwill, by segment, during the six months ended June 29, 2012:

	Gas and Fluid Handling		Fabrication Technology		Total
			(In thousands)
Balance, January 1, 2012	$	204,844	$	—	$	204,844
Goodwill attributable to Charter Acquisition		927,918		679,763		1,607,681
Goodwill attributable to Sibes acquisition		—		5,699		5,699
Impact of foreign currency translation		20,237		15,097		35,334
Balance, June 29, 2012	$	1,152,999	$	700,559	$	1,853,558

Schedule Of Intangible Assets [Table Text Block]

The following table summarizes the Intangible assets, excluding Goodwill:

	June 29, 2012					December 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Trade names – indefinite life	$	378,871	$	—		$	6,803	$	—
Acquired customer relationships		251,639		(20,691	)		29,798		(12,987	)
Acquired technology		97,156		(7,113	)		17,961		(2,791	)
Acquired backlog		59,568		(29,311	)		3,451		(2,033	)
Other intangible assets		9,447		(4,806	)		4,962		(4,135	)
	$	796,681	$	(61,921	)	$	62,975	$	(21,946	)

Schedule Of Finite Lived Intangible Assets Amortization Expense [Table Text Block]

Amortization expense related to amortizable intangible assets was included in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Amortization expense	$	21,475	$	2,569	$	40,310	$	4,351

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 29, 2012

Earnings Per Share [Abstract]

Net income (loss) per share available to Colfax Corporation common shareholders was computed under the two-class method as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012			July 1, 2011
	(In thousands, except share data)
Net income (loss) available to Colfax Corporation common shareholders	$	7,293	$	10,390	$	(102,039	)	$	16,945
Less: net income attributable to participating securities⁽¹⁾		931		—		—			—
	$	6,362	$	10,390	$	(102,039	)	$	16,945
Weighted-average shares of Common stock outstanding— basic		93,953,620		43,615,735		87,973,900			43,556,689
Net effect of potentially dilutive securities⁽²⁾		779,544		661,499		—			647,251
Weighted-average shares of Common stock outstanding— diluted		94,733,164		44,277,234		87,973,900			44,203,940
Net income (loss) per share—basic	$	0.07	$	0.24	$	(1.16	)	$	0.39
Net income (loss) per share—diluted	$	0.07	$	0.23	$	(1.16	)	$	0.38

⁽¹⁾

⁽²⁾

Potentially dilutive securities consist of stock options and restricted stock units.

Income Taxes (Tables)

6 Months Ended

Jun. 29, 2012

Income Tax Disclosure [Abstract]

Summary Of Income Tax Contingencies [Table Text Block]

	(In thousands)
Balance, January 1, 2012		4,077
Addition for tax positions taken in prior periods		977
Addition for tax positions taken in the current period		2,044
Addition related to acquired entities		70,096
Other, including the impact of foreign currency translation		1,527
Balance, June 29, 2012	$	78,721

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the deferred tax assets and liabilities as of January 13, 2012 are estimated as follows:

	January 13, 2012
	Current			Non-Current
	(In thousands)
Deferred tax assets:
Post-retirement benefit obligation	$	1,474		$	106,948
Expenses currently not deductible		39,872			70,672
Net operating loss carryover		20,220			130,476
Tax credit carryover		—			15,482
Other		9,340			27,005
Total deferred tax assets		70,906			350,583
Valuation allowance		(19,635	)		(240,199	)
Deferred tax assets, net	$	51,271		$	110,384

Deferred tax liabilities:
Depreciation and amortization	$	—		$	58,495
Pension		—			22,022
Intangible assets		6,699			197,753
Other		1,721			27,038
Total deferred tax liabilities	$	8,420		$	305,308

Total deferred tax assets (liabilities), net	$	42,851		$	(194,924	)

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net (Tables)

6 Months Ended

Jun. 29, 2012

Property, Plant and Equipment [Table Text Block]

	Depreciable Life		June 29, 2012			December 31, 2011
	(In years)		(In thousands)
Land		n/a	$	30,324		$	14,786
Buildings and improvements		5-40		289,615			38,642
Machinery and equipment		3-15		415,115			134,548
Software		3-5		62,321			16,948
				797,375			204,924
Accumulated depreciation				(146,375	)		(113,985	)
Property, plant and equipment, net			$	651,000		$	90,939

Schedule Of Depreciation Expenses and Amortization Of Assets [Table Text Block]

Depreciation expense, including the amortization of assets recorded under capital leases, consisted of the following:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Total depreciation expense	$	17,193	$	3,228	$	34,417	$	6,365
Depreciation expense related to software		2,595		424		4,861		842

Inventories, Net (Tables)

6 Months Ended

Jun. 29, 2012

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

Inventories, net consisted of the following:

	June 29,			December 31,
	2012			2011
	(In thousands)
Raw materials	$	165,344		$	25,241
Work in process		107,998			26,376
Finished goods		284,709			20,378
		558,051			71,995
Less: customer progress billings		(17,441	)		(9,124	)
Less: allowance for excess, slow-moving and obsolete inventory		(10,258	)		(6,735	)
Inventories, net	$	530,352		$	56,136

Debt (Tables)

6 Months Ended

Jun. 29, 2012

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Long-term debt consisted of the following:

	June 29,			December 31,
	2012			2011
	(In thousands)
Term loans	$	1,671,807		$	72,500
Revolving credit facilities and other		18,894			39,018
Total Debt		1,690,701			111,518
Less: current portion		(32,737	)		(10,000	)
Long-term debt	$	1,657,964		$	101,518

Schedule of Maturities of Long-term Debt [Table Text Block]

The contractual maturities of the Company’s debt as of June 29, 2012 are as follows⁽¹⁾:

	(In thousands)
Remainder of 2012	$	23,236
2013		19,000
2014		117,751
2015		189,001
2016		414,002
2017		144,001
Thereafter		846,157
Total contractual maturities		1,753,148
Debt discount		(62,447	)
Total debt	$	1,690,701

⁽¹⁾

Equity (Tables)

6 Months Ended

Jun. 29, 2012

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The activity in the components of Accumulated other comprehensive loss during the six months ended June 29, 2012 is as follows:

	Foreign Currency Translation Adjustment⁽¹⁾			Unrealized Losses on Hedging Activities			Net Unrecognized Pension and Other Post- Retirement Benefit Cost			Accumulated Other Comprehensive Loss
	(In millions)
Balance at January 1, 2012	$	(5,537	)	$	(471	)	$	(164,785	)	$	(170,793	)
ESAB India repurchase of additional noncontrolling interest		(2,644	)		—			—			(2,644	)
Change during 2012		23,660			(1,488	)		4,158			26,330
Balance at June 29, 2012	$	15,479		$	(1,959	)	$	(160,627	)	$	(147,107	)

⁽¹⁾

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

The Condensed Consolidated Statements of Operations reflect the following amounts related to stock-based compensation:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011⁽¹⁾
	(In thousands)
Stock-based compensation expense	$	2,793	$	1,111	$	3,988	$	2,827
Deferred tax benefits		166		391		241		989

⁽¹⁾

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Six Months Ended
	June 29, 2012

Expected period that options will be outstanding (in years)		5.50
Interest rate (based on U.S. Treasury yields at the time of grant)		1.03	%
Volatility		42.10	%
Dividend yield		—
Weighted-average fair value of options granted	$	12.97

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option activity is as follows:

	Number of Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (In years)		Aggregate Intrinsic Value⁽¹⁾ (In thousands)
Outstanding at December 31, 2011		1,461,157			14.76
Granted		1,101,164			32.92
Exercised		(237,487	)		12.97
Forfeited		(14,121	)		22.12
Expired		(9,215	)		12.21
Outstanding at June 29, 2012		2,301,498		$	23.60		5.65	$	15,002
Vested or expected to vest at June 29, 2012		2,288,004		$	23.53		5.64	$	15,010
Exercisable at June 29, 2012		763,358		$	14.00		4.29	$	10,390

⁽¹⁾

Schedule Of Share-Based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The activity in the Company’s PRSUs and RSUs is as follows:

	PRSUs					RSUs
	Number of Units			Weighted- Average Grant Date Fair Value		Number of Units			Weighted- Average Grant Date Fair Value
Nonvested at December 31, 2011		324,447		$	15.99		64,263		$	14.71
Granted		283,804			33.48		15,343			31.96
Vested		(17,705	)		18.00		(35,774	)		12.57
Forfeited		(12,899	)		18.41		—			—
Nonvested at June 29, 2012		577,647		$	24.47		43,832		$	22.50

Accrued Liabilities (Tables)

6 Months Ended

Jun. 29, 2012

Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued liabilities in the Condensed Consolidated Balance Sheets consisted of the following:

	June 29, 2012		December 31, 2011
	(In thousands)
Accrued payroll	$	101,183	$	21,415
Advance payment from customers		92,783		14,704
Accrued taxes		92,564		4,911
Accrued asbestos-related liability		66,525		76,295
Warranty liability – current portion		36,910		2,987
Accrued restructuring liability – current portion		17,014		4,573
Accrued pension liability		16,944		1,267
Accrued interest		11,161		75
Accrued third-party commissions		11,154		5,884
Accrued Charter Acquisition-related liability		1,742		29,430
Other		95,525		14,466
Accrued liabilities	$	543,505	$	176,007

Schedule of Product Warranty Liability [Table Text Block]

The activity in the Company’s warranty liability consisted of the following:

	Six Months Ended
	June 29,			July 1,
	2012			2011
	(In thousands)
Warranty liability, beginning of period	$	2,987		$	2,963
Accrued warranty expense		8,728			1,680
Changes in estimates related to pre-existing warranties		511			582
Cost of warranty service work performed		(12,139	)		(1,151	)
Acquisitions		44,476			447
Foreign exchange translation effect		(1,695	)		240
Warranty liability, end of period	$	42,868		$	4,761

Schedule of Restructuring and Related Costs [Table Text Block]

The Condensed Consolidated Statements of Operations reflect the following amounts related to the Company’s restructuring activities:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011⁽¹⁾
	(In thousands)
Restructuring and other related charges	$	18,558	$	242	$	27,201	$	2,219

⁽¹⁾

Includes $0.2 million of non-cash stock-based compensation expense.

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:

	Six Months Ended June 29, 2012
	Balance at Beginning of Period		Acquisitions		Provisions		Payments			Foreign Currency Translation			Balance at End of Period
	(In thousands)
Restructuring and other related charges:
Termination benefits⁽¹⁾	$	3,868	$	6,324	$	22,296	$	(17,216	)	$	(118	)	$	15,154
Facility closure costs⁽²⁾		633		3,910		1,085		(2,073	)		(16	)		3,539
Other related charges		72		—		3,820		(2,952	)		—			940
	$	4,573	$	10,234	$	27,201	$	(22,241	)	$	(134	)	$	19,633

⁽¹⁾

⁽²⁾

Includes the cost of relocating and training associates, relocating equipment and lease termination expense in connection with the closure of facilities, discussed above.

Net Periodic Benefit Cost - Defined Benefit Plans (Tables)

6 Months Ended

Jun. 29, 2012

Compensation and Retirement Disclosure [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The following table sets forth the components of net periodic benefit cost of the defined benefit pension plans and the Company’s other post-retirement employee benefit plans:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Pension Benefits—U.S. Plans:
Service cost	$	—		$	—		$	—		$	—
Interest cost		4,660			2,842			9,345			5,692
Expected return on plan assets		(6,012	)		(4,165	)		(12,043	)		(8,329	)
Amortization		1,854			1,313			3,600			2,626
Net periodic benefit cost (credit)	$	502		$	(10	)	$	902		$	(11	)

Pension Benefits—Non U.S. Plans:
Service cost	$	728		$	334		$	1,560		$	622
Interest cost		8,147			1,273			16,101			2,487
Expected return on plan assets		(4,732	)		(363	)		(9,490	)		(716	)
Amortization		190			159			380			313
Settlement loss⁽¹⁾		—			1,499			—			1,499
Net periodic benefit cost	$	4,333		$	2,902		$	8,551		$	4,205

Other Post-Retirement Benefits:
Service cost	$	63		$	—		$	102		$	—
Interest cost		313			173			639			345
Amortization		233			213			466			426
Net periodic benefit cost	$	609		$	386		$	1,207		$	771

⁽¹⁾

During the three and six months ended July 1, 2011, the Company terminated a frozen pension plan of one of its non-U.S. subsidiaries.

Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Jun. 29, 2012

Financial Instruments and Fair Value Measurements [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

A summary of the Company’s assets and liabilities that are measured at fair value on a recurring basis for each fair value hierarchy level for the periods presented follows:

	June 29, 2012
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	238,510	$	—	$	—	$	238,510
Foreign currency contracts related to sales – designated as hedges		—		3,546		—		3,546
Foreign currency contracts related to sales – not designated as hedges		—		2,898		—		2,898
Foreign currency contracts related to purchases – designated as hedges		—		608		—		608
Foreign currency contracts related to purchases – not designated as hedges		—		1,842		—		1,842
Deferred compensation plans		—		2,249		—		2,249
	$	238,510	$	11,143	$	—	$	249,653

Liabilities:
Foreign currency contracts related to sales – designated as hedges		—		5,884		—		5,884
Foreign currency contracts related to sales – not designated as hedges		—		4,830		—		4,830
Foreign currency contracts related to purchases – designated as hedges		—		995		—		995
Foreign currency contracts related to purchases – not designated as hedges		—		1,618		—		1,618
Deferred compensation plans		—		2,249		—		2,249
Liability for contingent payments		—		—		4,715		4,715
	$	—	$	15,576	$	4,715	$	20,291

	December 31, 2011
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	15,540	$	—	$	—	$	15,540
Foreign currency contracts – primarily related to customer sales contracts		—		5		—		5
	$	15,540	$	5	$	—	$	15,545

Liabilities:
Interest rate swap	$	—	$	471	$	—	$	471
Foreign currency contracts – acquisition-related		—		14,986		—		14,986
Foreign currency contracts – primarily related to customer sales contracts		—		371		—		371
Liability for contingent payments		—		—		4,359		4,359
	$	—	$	15,828	$	4,359	$	20,187

Schedule Of Notional Amounts Of Outstanding Derivative Positions [Table Text Block]

Foreign Currency Contracts. As of June 29, 2012 and December 31, 2011, the Company had foreign currency contracts with the following notional values:

	June 29, 2012		December 31, 2011
	(In thousands)
Foreign currency contracts sold – not designated as hedges	$	231,756	$	—
Foreign currency contracts sold – designated as hedges		230,669		5,116
Foreign currency contracts purchased – not designated as hedges		273,605		—
Foreign currency contracts purchased – designated as hedges		32,225		—
Foreign currency contracts – acquisition related		—		2,749,000
Total foreign currency derivatives	$	768,255	$	2,754,116

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The Company recognized the following in its Condensed Consolidated Financial Statements related to its derivative instruments:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Contracts Designated as Hedges:
Interest Rate Swap:
Unrealized loss	$	—		$	(33	)	$	—		$	(133	)
Realized loss		—			(495	)		(471	)		(980	)
Foreign Currency Contracts – related to customer sales contracts:
Unrealized loss		(3,557	)		—			(2,248	)		—
Realized gain (loss)		75			—			(680	)		—
Foreign Currency Contracts – related to supplier purchase contracts:
Unrealized loss		(243	)		—			(849	)		—
Realized gain		325			—			235			—
Unrealized gain (loss) on net investment hedge		9,875			—			(4	)		—
Contracts Not Designated in a Hedge Relationship:
Foreign Currency Contracts – acquisition-related:
Realized loss		—			—			(7,177	)		—
Foreign Currency Contracts – primarily related to customer sales contracts:
Unrealized (loss) gain		(2,137	)		274			(1,394	)		700
Realized (loss) gain		(218	)		157			876			174

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 29, 2012

Schedule Of Loss Contingencies By Claims Quantities [Table Text Block]

Asbestos and Other Product Liability Contingencies

Claims activity since December 31 related to asbestos claims of our fluid-handling subsidiaries is as follows⁽¹⁾:

	Six Months Ended
	June 29,			July 1,
	2012			2011
	(Number of claims)
Claims unresolved, beginning of period		23,682			24,764
Claims filed⁽²⁾		2,045			1,760
Claims resolved⁽³⁾		(1,676	)		(4,504	)
Claims unresolved, end of period		24,051			22,020

⁽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⁾

Schedule Of Asbestos Related Litigation [Table Text Block]

The Company’s Condensed Consolidated Balance Sheets included the following amounts related to asbestos-related litigation:

	June 29, 2012		December 31, 2011
	(In thousands)
Current asbestos insurance asset⁽¹⁾	$	34,800	$	43,452
Current asbestos insurance receivable⁽¹⁾		50,234		33,696
Long-term asbestos insurance asset⁽²⁾		326,236		326,838
Long-term asbestos insurance receivable⁽²⁾		7,063		14,034
Accrued asbestos liability⁽³⁾		38,916		48,700
Long-term asbestos liability⁽⁴⁾		383,020		382,394

⁽¹⁾

Included in Other current assets in the Condensed Consolidated Balance Sheets.

⁽²⁾

Included in Other assets in the Condensed Consolidated Balance Sheets.

⁽³⁾

⁽⁴⁾

Included in Other liabilities in the Condensed Consolidated Balance Sheets.

Segment Information (Tables)

6 Months Ended

Jun. 29, 2012

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The Company’s segment results were as follows:

	Three Months Ended						Six Months Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(In thousands)
Net Sales:
Gas and fluid handling	$	496,495		$	186,749		$	921,826		$	345,307
Fabrication technology		549,158			—			1,010,193			—
	$	1,045,653		$	186,749		$	1,932,019		$	345,307

*Segment operating income (loss)⁽¹⁾:*
Gas and fluid handling	$	45,112		$	21,577		$	64,921		$	40,560
Fabrication technology		45,411			—			62,407			—
Corporate and other		(11,659	)		(4,628	)		(63,952	)		(10,302	)
	$	78,864		$	16,949		$	63,376		$	30,258

Depreciation and Amortization:
Gas and fluid handling	$	27,820		$	6,792		$	57,364		$	12,075
Fabrication technology		11,139			—			38,768			—
Corporate and other		4,264			241			8,895			485
	$	43,223		$	7,033		$	105,027		$	12,560

Capital Expenditures:
Gas and fluid handling	$	10,266		$	3,321		$	19,560		$	6,035
Fabrication technology		11,848			—			21,452			—
Corporate and other		—			20			—			342
	$	22,114		$	3,341		$	41,012		$	6,377

⁽¹⁾

The following is a reconciliation of Income (loss) before income taxes to segment operating income:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012			July 1, 2011
	(In thousands)
Income (loss) before income taxes	$	34,565	$	15,245	$	(8,548	)	$	24,750
Interest expense		25,741		1,462		44,723			3,289
Restructuring and other related charges		18,558		242		27,201			2,219
Segment operating income	$	78,864	$	16,949	$	63,376		$	30,258

	June 29,		December 31,
	2012		2011
	(In thousands)
Investment in Equity Method Investees:
Gas and fluid handling	$	10,508	$	7,680
Fabrication technology		35,952		—
Corporate and other		—		—
	$	46,460	$	7,680
Total Assets:
Gas and fluid handling	$	3,274,739	$	947,773
Fabrication technology		2,356,708		—
Corporate and other		373,421		140,770
	$	6,004,868	$	1,088,543

Schedule Of Revenue From External Customers Attributed To Foreign Countries By Geographic Area and Product Type [Table Text Block]

The detail of the Company’s operations by geography and product type is as follows:

	Three Months Ended				Six Months Ended
	June 29, 2012		July 1, 2011		June 29, 2012		July 1, 2011
	(In thousands)
Net Sales by Origin:
United States	$	188,246	$	50,454	$	368,812	$	97,643
Foreign		857,407		136,295		1,563,207		247,664
	$	1,045,653	$	186,749	$	1,932,019	$	345,307
Net Sales by Major Product Group:
Gas handling	$	322,566	$	—	$	586,162	$	—
Fluid handling		173,929		186,749		335,664		345,307
Welding and cutting		549,158		—		1,010,193		—
	$	1,045,653	$	186,749	$	1,932,019	$	345,307

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

Accounting Policies (Details Textuals) € in Millions, $ in Millions	Jun. 29, 2012 USD ($)	Jan. 13, 2012 EUR (€)
Costs in Excess of Billings on Uncompleted Contracts or Programs	$ 169.2
Billings in Excess of Cost	$ 149.7
Deutsche Bank Credit Agreement [Member] \| A Three Facility [Member]
Borrowing Debt Outstanding Amount \| €		€ 157.6

Liability attributable to (i) billings in excess of costs under the percentage of completion contract accounting method representing the difference between contractually invoiced amounts (billings) and revenue recognized based, for example, on costs incurred to estimated total costs at period end or (ii) contractually invoiced amounts (billings) in excess of costs incurred and accumulated under the completed contract accounting method.

Total amount included in cost of uncompleted contracts in excess of related billings, or unbilled accounts receivable.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 912
-SubTopic 310
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6471842&loc=d3e55302-109406

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3(c)(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6802688&loc=d3e57795-111642

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6802688&loc=d3e57807-111642

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 45
-Paragraph 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 4, 21
-Chapter 11
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3
-Subparagraph c(2), c(3), c(4)
-Article 5

Acquisition (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

Net income (loss) available to Colfax common shareholders

$ 1,045,653

$ 1,019,799

$ 2,001,444

$ 1,874,015

^[1]

$ 22,991

$ (59,820)

$ 37,195

$ (109,250)

[1]

Proforma net loss available to Colfax common shareholders for the three and six months ended July 1, 2011 reflect the impact of certain expenses included in the Condensed Consolidated Statements of Operations for the three and six months ended June 29, 2012, but excluded from the calculation of proforma net income for that period. These expenses include increased acquisition-related amortization expense of $14.4 million and $48.1 million and $0.8 million and $43.6 million of Charter acquisition-related expense, discussed above, for the three and six months ended July 1, 2011, respectively. Additionally, the six months ended July 1, 2011 include a $50.3 million increase in the valuation allowance related to the Company's deferred tax assets in the U.S., discussed further in Note 6, "Income Taxes."

Acquisition (Details 1) - USD ($) $ in Thousands	May 02, 2012	Apr. 13, 2012	Jan. 13, 2012
Trade receivables			$ 687,803
Inventories			452,219
Property, plant and equipment			563,333
Goodwill			1,607,681
Intangible assets			715,643
Accounts payable			(372,241)
Debt			(398,705)
Other assets and liabilities, net			(467,425)
Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Including Portion Attribute To Noncontrolling Interest			2,788,308
Less: net assets attributable to noncontrolling interest			(236,257)
Net consideration	$ 8,500	$ 29,400	$ 2,552,051

Acquisition (Details 2) $ in Thousands	Jan. 13, 2012 USD ($)
Trade Names [Member]
Intangible Asset	$ 363,628
Customer Relationships [Member]
Intangible Asset	$ 215,310
Weighted-Average Amortization Period (Years)	7 years 10 months
Acquired Technology [Member]
Intangible Asset	$ 77,485
Weighted-Average Amortization Period (Years)	10 years 3 months
Backlog [Member]
Intangible Asset	$ 54,805
Weighted-Average Amortization Period (Years)	1 year
Trademarks [Member]
Intangible Asset	$ 4,415
Weighted-Average Amortization Period (Years)	5 years
Intangible Assets [Member]
Intangible Asset	$ 715,643
Weighted-Average Amortization Period (Years)	6 years 9 months

Acquisition (Details Textual) $ / shares in Units, $ in Thousands					3 Months Ended		6 Months Ended
	May 02, 2012 USD ($)	Apr. 13, 2012 USD ($)	Jan. 13, 2012 USD ($) $ / shares	Jan. 13, 2012 USD ($) £ / shares	Jun. 29, 2012 USD ($)	Jul. 01, 2011 USD ($)	Jun. 29, 2012 USD ($)	Jul. 01, 2011 USD ($)	May 26, 2012 USD ($)
Business Acquisition Cash Paid To Acquiree Shareholders (in pence) \| £ / shares				£ 730
Business Acquisition Shares Newly Issues To Acquiree Shareholders \| $ / shares			$ 0.1241
Charter acquisition-related expense					$ 766	$ 0	$ 43,617	$ 0
Business Combination Increased Acquisition Related Amortization Expense					14,400		$ 48,100
Business Combination Increased Valuation Allowance								$ 50,300
Business Acquisition Acquired Entity Retrospective Adjustments					$ 12,200
Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net	$ 8,500	$ 29,400	$ 2,552,051	£ 2,552,051
Percentages Of Ownership Interest	16.00%	56.00%
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions	100.00%	74.00%
Soldex S.A [Member]
Business Acquisition, Percentage of Voting Interests Acquired									91.00%
Business Acquisition, Cost of Acquired Entity, Purchase Price									$ 183,400

Goodwill and Intangible Assets (Details) $ in Thousands	6 Months Ended
Goodwill and Intangible Assets (Details) $ in Thousands	Jun. 29, 2012 USD ($)
Balance, January 1, 2012	$ 204,844
Impact of foreign currency translation	35,334
Balance, June 29, 2012	1,853,558
Charter Acquisition [Member]
Goodwill attributable	1,607,681
Sibes Acquisition [Member]
Goodwill attributable	5,699
Gas and Fluid Handling [Member]
Balance, January 1, 2012	204,844
Impact of foreign currency translation	20,237
Balance, June 29, 2012	1,152,999
Gas and Fluid Handling [Member] \| Charter Acquisition [Member]
Goodwill attributable	927,918
Gas and Fluid Handling [Member] \| Sibes Acquisition [Member]
Goodwill attributable	0
Fabrication Technology [Member]
Balance, January 1, 2012	0
Impact of foreign currency translation	15,097
Balance, June 29, 2012	700,559
Fabrication Technology [Member] \| Charter Acquisition [Member]
Goodwill attributable	679,763
Fabrication Technology [Member] \| Sibes Acquisition [Member]
Goodwill attributable	$ 5,699

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Net income (loss) available to Colfax Corporation common shareholders

Goodwill and Intangible Assets (Details 1) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Gross Carrying Amount	$ 796,681	$ 62,975
Accumulated Amortization	(61,921)	(21,946)
Trade Names [Member]
Gross Carrying Amount	378,871	6,803
Customer Relationships [Member]
Gross Carrying Amount	251,639	29,798
Accumulated Amortization	(20,691)	(12,987)
Acquired Technology [Member]
Gross Carrying Amount	97,156	17,961
Accumulated Amortization	(7,113)	(2,791)
Backlog [Member]
Gross Carrying Amount	59,568	3,451
Accumulated Amortization	(29,311)	(2,033)
Other Intangible Assets [Member]
Gross Carrying Amount	9,447	4,962
Accumulated Amortization	$ (4,806)	$ (4,135)

Goodwill and Intangible Assets (Detail 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Selling, General and Administrative Expenses [Member]
Amortization expense	$ 21,475	$ 2,569	$ 40,310	$ 4,351

Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

$ 7,293

$ 10,390

$ (102,039)

$ 16,945

Less: net income attributable to participating securities

^[1]

931

Net Income (Loss) Available to Common Stockholders, Diluted

$ 6,362

$ 10,390

$ (102,039)

$ 16,945

Weighted-average shares of Common stock outstanding-basic (in shares)

93,953,620

43,615,735

87,973,900

43,556,689

Net effect of potentially dilutive securities (in shares)

^[2]

779,544

661,499

647,251

Weighted-average shares of Common stock outstanding-diluted (in shares)

94,733,164

44,277,234

87,973,900

44,203,940

Net income (loss) per share-basic (in dollars per share)

$ 0.07

$ 0.24

$ (1.16)

$ 0.39

Net income (loss) per share-diluted (in dollars per share)

$ 0.07

$ 0.23

$ (1.16)

$ 0.38

[1]	Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP as the shares of the Company's Series A Preferred Stock are considered participating securities.
[2]	Potentially dilutive securities consist of stock options and restricted stock units.

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 18
-Article 7

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Net Income (Loss) Per Share (Details Textual) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.4	0.5	1.4	0.5

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Income Taxes (Details) $ in Thousands	6 Months Ended
Income Taxes (Details) $ in Thousands	Jun. 29, 2012 USD ($)
Balance, January 1, 2012	$ 4,077
Addition for tax positions taken in prior periods	977
Addition for tax positions taken in the current period	2,044
Addition related to acquired entities	70,096
Other, including the impact of foreign currency translation	1,527
Balance, June 29, 2012	$ 78,721

Income Taxes (Details 1) $ in Thousands	Jan. 13, 2012 USD ($)
Deferred tax assets:
Total deferred tax assets	$ 74,875
Valuation allowance	(20,872)
Deferred tax assets, net	54,003
Deferred tax liabilities:
Total deferred tax liabilities	8,420
Total deferred tax assets (liabilities), net	45,583
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	351,892
Valuation allowance, Non-Current	(241,509)
Deferred tax assets, net, Non-Current	110,384
Deferred tax liabilities: Non-Current
Total deferred tax liabilities, Non-Current	305,308
Total deferred tax assets (liabilities), net, Non-Current	(194,925)
Other Postretirement Benefit Plans, Defined Benefit [Member]
Deferred tax assets:
Total deferred tax assets	1,474
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	106,948
Expenses Currently Not Deductible [Member]
Deferred tax assets:
Total deferred tax assets	43,841
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	71,981
Net Operating Loss Carryover [Member]
Deferred tax assets:
Total deferred tax assets	20,220
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	130,476
Tax Credit Carryover [Member]
Deferred tax assets:
Total deferred tax assets	0
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	15,482
Other Deferred Tax Assets, Current [Member]
Deferred tax assets:
Total deferred tax assets	9,340
Depreciation and Amortization [Member]
Deferred tax liabilities:
Total deferred tax liabilities	0
Deferred tax liabilities: Non-Current
Total deferred tax liabilities, Non-Current	58,495
Pension Costs [Member]
Deferred tax liabilities:
Total deferred tax liabilities	0
Deferred tax liabilities: Non-Current
Total deferred tax liabilities, Non-Current	22,022
Intangible Assets [Member]
Deferred tax liabilities:
Total deferred tax liabilities	6,699
Deferred tax liabilities: Non-Current
Total deferred tax liabilities, Non-Current	197,753
Other Deferred Tax Liabilities Current [Member]
Deferred tax liabilities:
Total deferred tax liabilities	1,721
Other Deferred Tax Assets Noncurrent [Member]
Deferred tax assets: Non-Current
Total deferred tax assets, Non-Current	27,005
Other Deferred Tax Liabilities Noncurrent [Member]
Deferred tax liabilities: Non-Current
Total deferred tax liabilities, Non-Current	$ 27,038

Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Thousands	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011	Dec. 31, 2011
Income (loss) before income taxes	$ 34,565	$ 15,245	$ (8,548)	$ 24,750
Provision for income taxes	15,933	4,855	73,281	7,805
Business Combination Increased Valuation Allowance				50,300
Charter acquisition-related expense	766	0	43,617	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	15,800		15,800		$ 400
Unrecognized Tax Benefits, Benefits	78,700		78,700		4,100
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	78,200		78,200		$ 3,600
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	400	$ 100	900	$ 100
Effective Income Tax Rate, Continuing Operations		31.80%		31.50%
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible, Amount Of Unrecorded Benefit	2,500		2,500
Deferred Tax Liabilities, Undistributed Foreign Earnings	$ 11,800		$ 11,800

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 29, 2012	Dec. 31, 2011
Property, Plant and Equipment, Gross	$ 797,375	$ 204,924
Accumulated depreciation	(146,375)	(113,985)
Property, plant and equipment, net	651,000	90,939
Land [Member]
Property, Plant and Equipment, Gross	30,324	14,786
Building and Building Improvements [Member]
Property, Plant and Equipment, Gross	289,615	38,642
Machinery and Equipment [Member]
Property, Plant and Equipment, Gross	415,115	134,548
Software [Member]
Property, Plant and Equipment, Gross	$ 62,321	$ 16,948
Minimum [Member] \| Building and Building Improvements [Member]
Depreciable Life	5 years
Minimum [Member] \| Machinery and Equipment [Member]
Depreciable Life	3 years
Minimum [Member] \| Software [Member]
Depreciable Life	3 years
Maximum [Member] \| Building and Building Improvements [Member]
Depreciable Life	40 years
Maximum [Member] \| Machinery and Equipment [Member]
Depreciable Life	15 years
Maximum [Member] \| Software [Member]
Depreciable Life	5 years

Property, Plant and Equipment, Net (Detail 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Selling, General and Administrative Expenses [Member]
Depreciation expense	$ 17,193	$ 3,228	$ 34,417	$ 6,365
Software [Member]
Depreciation expense	$ 2,595	$ 424	$ 4,861	$ 842

Inventories, Net (Details) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Raw materials	$ 165,344	$ 25,241
Work in process	107,998	26,376
Finished goods	284,709	20,378
Inventory, Gross	558,051	71,995
Less: customer progress billings	(17,441)	(9,124)
Less: allowance for excess, slow-moving and obsolete inventory	(10,258)	(6,735)
Inventories, net	$ 530,352	$ 56,136

The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.BB)
-URI http://asc.fasb.org/extlink&oid=6386940&loc=d3e100047-122729

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6(a))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09)
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 35
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6386567&loc=d3e3927-108312

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Paragraph 14
-Chapter 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Paragraph 8, 9, 14
-Chapter 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 9
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 09
-Article 12

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a
-Article 5

Total contractual maturities

Debt (Details) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Total Debt	$ 1,690,701	$ 111,518
Less: current portion	(32,737)	(10,000)
Long-term debt	1,657,964	101,518
Notes Payable To Banks [Member]
Total Debt	1,671,807	72,500
Revolving Credit Facilities and Other [Member]
Total Debt	$ 18,894	$ 39,018

Debt (Details 1) - USD ($)
$ in Thousands

Jun. 29, 2012

Dec. 31, 2011

Remainder of 2012

^[1]

$ 23,236

2013

^[1]

19,000

2014

^[1]

117,751

2015

^[1]

189,001

2016

^[1]

414,002

2017

^[1]

144,001

Thereafter

^[1]

846,157

^[1]

1,753,148

Debt discount

(62,447)

Total debt

$ 1,690,701

$ 111,518

[1]

Debt (Details Textual) $ in Thousands, € in Millions	3 Months Ended		6 Months Ended	12 Months Ended
Debt (Details Textual) $ in Thousands, € in Millions	Jun. 29, 2012 USD ($)	Mar. 30, 2012 USD ($)	Jun. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jan. 13, 2012 USD ($)	Jan. 13, 2012 EUR (€)
Debt discount	$ 62,447		$ 62,447
Line of Credit Facility, Maximum Borrowing Capacity	473,900		473,900
Line of Credit Facility, Amount Outstanding	345,700		345,700
Proceeds From Early Repayments Of Debt	26,300	$ 35,000
Bank Of America Credit Agreement [Member]
Debt Instrument, Description of Variable Rate Basis				("LIBOR") plus a margin ranging from 2.25% to 2.75%
Debt Instrument, Interest Rate At Period End				2.55%
Letters of Credit Outstanding, Amount				$ 21,000
Gains (Losses) On Extinguishment Of Debt			1,500
Write off of Deferred Debt Issuance Cost			1,000
Reclassification Related To Extinguishment Of Debt			500
Deutsche Bank Credit Agreement [Member]
Debt discount	62,400		62,400
Deferred Finance Costs, Noncurrent, Net	$ 8,800		$ 8,800
Debt, Weighted Average Interest Rate	3.90%		3.90%
Maximum Leverage Ratio			4.95
Minimum Interest Coverage Ratio			2.0
Deutsche Bank Credit Agreement [Member] \| Twenty Five Basis Point Increased [Member]
Minimum Interest Coverage Ratio			3.0
Deutsche Bank Credit Agreement [Member] \| Twenty Five Basis Point Decreased [Member]
Maximum Leverage Ratio			4.75
Deutsche Bank Credit Agreement [Member] \| Twenty Five Basis Point Decreased In Two Subsequent Year [Member]
Maximum Leverage Ratio			4.25
Deutsche Bank Credit Agreement [Member] \| Minimum [Member]
Line Of Credit Facility Commitment Fee, Additional Basis Point			37.5
Deutsche Bank Credit Agreement [Member] \| Maximum [Member]
Line Of Credit Facility Commitment Fee, Additional Basis Point			50
Deutsche Bank Credit Agreement [Member] \| A One Facility [Member]
Debt Instrument, Description of Variable Rate Basis			LIBOR or the Euro Interbank Offered Rate ("EURIBOR") plus a margin ranging from 2.50% to 3.25%
Borrowing Debt Outstanding Amount					$ 200,000
Deutsche Bank Credit Agreement [Member] \| A Two Facility [Member]
Debt Instrument, Description of Variable Rate Basis			LIBOR or the Euro Interbank Offered Rate ("EURIBOR") plus a margin ranging from 2.50% to 3.25%
Borrowing Debt Outstanding Amount					500,000
Deutsche Bank Credit Agreement [Member] \| A Three Facility [Member]
Debt Instrument, Description of Variable Rate Basis			LIBOR or the Euro Interbank Offered Rate ("EURIBOR") plus a margin ranging from 2.50% to 3.25%
Borrowing Debt Outstanding Amount \| €						€ 157.6
Deutsche Bank Credit Agreement [Member] \| Term B Facility [Member]
Debt Instrument, Description of Variable Rate Basis			LIBOR plus a margin of 3.5%
Borrowing Debt Outstanding Amount					900,000
Deutsche Bank Credit Agreement [Member] \| Revolving Credit Facility [Member]
Borrowing Debt Outstanding Amount					300,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 291,900		$ 291,900
Deutsche Bank Credit Agreement [Member] \| Letter Of Credit Sub-Facility [Member]
Borrowing Debt Outstanding Amount					200,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 191,900		$ 191,900
Deutsche Bank Credit Agreement [Member] \| Swingline Loan Sub Facility [Member]
Borrowing Debt Outstanding Amount					$ 50,000

Equity (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

ESAB India repurchase of additional noncontrolling interest

$ (170,793)

(29,291)

$ 0

$ (91,248)

$ 4,179

26,330

$ 16,194

Accumulated Translation Adjustment [Member]

(147,107)

ESAB India repurchase of additional noncontrolling interest

^[1]

(5,537)

^[1]

(2,644)

^[1]

23,660

Accumulated Net Gain (Loss) From Designated Or Qualifying Cash Flow Hedges [Member]

^[1]

15,479

ESAB India repurchase of additional noncontrolling interest

(471)

(1,488)

Accumulated Defined Benefit Plans Adjustment [Member]

(1,959)

ESAB India repurchase of additional noncontrolling interest

(164,785)

4,158

Accumulated Other Comprehensive Loss [Member]

(160,627)

ESAB India repurchase of additional noncontrolling interest

(170,793)

(2,644)

26,330

$ (147,107)

[1]	The activity in Accumulated other comprehensive loss related to foreign currency translation for the six months ended June 29, 2012 excludes the $(1.3) million impact of foreign currency translation related to Noncontrolling interest during the period.

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669686-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Net of tax amount of other comprehensive income (loss) attributable to the parent entity.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Stock-based compensation expense

Equity (Details 1) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

^[1]

$ 2,793

$ 1,111

$ 3,988

$ 2,827

Deferred tax benefits

$ 166

$ 391

$ 241

$ 989

[1]	Includes approximately $0.2 million of stock-based compensation expense included in Restructuring and other related charges in the Condensed Consolidated Statement of Operations related to the accelerated vesting of certain awards as part of the termination benefits of one employee.

Equity (Details 2)	6 Months Ended
Equity (Details 2)	Jun. 29, 2012 $ / shares
Expected period that options will be outstanding (in years)	5 years 6 months
Interest rate (based on U.S. Treasury yields at the time of grant)	1.03%
Volatility	42.10%
Dividend yield	0.00%
Weighted-average fair value of options granted	$ 12.97

Equity (Details 3)
$ / shares in Units, $ in Thousands

6 Months Ended

Jun. 29, 2012

USD ($)

$ / shares

Number of Options, Outstanding | shares

1,461,157

Number of Options, Granted | shares

1,101,164

Number of Options, Exercised | shares

(237,487)

Number of Options, Forfeited | shares

(14,121)

Number of Options, Expired | shares

(9,215)

Number of Options, Outstanding | shares

2,301,498

Number of Options, Vested or expected to vest | shares

2,288,004

Number of Options, Exercisable | shares

763,358

Weighted Average Exercise Price, Outstanding | $ / shares

$ 14.76

Weighted Average Exercise Price, Granted | $ / shares

32.92

Weighted Average Exercise Price, Exercised | $ / shares

12.97

Weighted Average Exercise Price, Forfeited | $ / shares

22.12

Weighted Average Exercise Price, Expired | $ / shares

12.21

Weighted Average Exercise Price, Outstanding | $ / shares

23.60

Weighted Average Exercise Price, Vested or expected to vest | $ / shares

23.53

Weighted Average Exercise Price, Exercisable | $ / shares

$ 14.00

Weighted Average Remaining Contractual Term (In years), Outstanding

5 years 7 months 24 days

Weighted Average Remaining Contractual Term (In years), Vested or expected to vest

5 years 7 months 20 days

Weighted Average Remaining Contractual Term (In years), Exercisable

4 years 3 months 14 days

Aggregate Intrinsic Value, Outstanding | $

$ 15,002

^[1]

Aggregate Intrinsic Value, Vested or expected to vest | $

15,010

^[1]

Aggregate Intrinsic Value, Exercisable | $

$ 10,390

^[1]

[1]

The aggregate intrinsic value is based upon the difference between the Company's closing stock price at the date of the Consolidated Balance Sheet and the exercise price of the stock option for in-the-money stock options. The intrinsic value of outstanding stock options fluctuates based upon the trading value of the Company's Common stock.

Equity (Details 4)	6 Months Ended
Equity (Details 4)	Jun. 29, 2012 $ / shares shares
Performance Based Restricted Stock Units (PRSUs) [Member]
Number of Units, Nonvested \| shares	324,447
Number of Units, Granted \| shares	283,804
Number of Units, Vested \| shares	(17,705)
Number of Units, Forfeited \| shares	(12,899)
Number of Units, Nonvested \| shares	577,647
Weighted Average Grant Date Fair Value, Nonvested \| $ / shares	$ 15.99
Weighted Average Grant Date Fair Value, Granted \| $ / shares	33.48
Weighted Average Grant Date Fair Value, Vested \| $ / shares	18.00
Weighted Average Grant Date Fair Value, Forfeited \| $ / shares	18.41
Weighted Average Grant Date Fair Value, Nonvested \| $ / shares	$ 24.47
Restricted Stock Units (Rsus) [Member]
Number of Units, Nonvested \| shares	64,263
Number of Units, Granted \| shares	15,343
Number of Units, Vested \| shares	(35,774)
Number of Units, Forfeited \| shares	0
Number of Units, Nonvested \| shares	43,832
Weighted Average Grant Date Fair Value, Nonvested \| $ / shares	$ 14.71
Weighted Average Grant Date Fair Value, Granted \| $ / shares	31.96
Weighted Average Grant Date Fair Value, Vested \| $ / shares	12.57
Weighted Average Grant Date Fair Value, Forfeited \| $ / shares	0
Weighted Average Grant Date Fair Value, Nonvested \| $ / shares	$ 22.50

Equity (Details Textual) - USD ($)					6 Months Ended
Equity (Details Textual) - USD ($)	Mar. 09, 2012	Mar. 05, 2012	Jan. 24, 2012	Jan. 13, 2012	Jun. 29, 2012	Jul. 01, 2011	Jan. 23, 2012	Dec. 31, 2011
Stock Authorized			420,000,000				210,000,000
Common stock, shares authorized			400,000,000		400,000,000		200,000,000	200,000,000
Preferred stock, shares authorized			20,000,000		20,000,000		10,000,000	10,000,000
Preferred stock, issued					13,877,552			0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest					$ (1,300,000)
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized					$ 27,400,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition					2 years 7 months 6 days
Restructuring and Other Related Charges [Member]
Allocated Share-based Compensation Expense						$ 200,000
Deutsche Bank Credit Agreement [Member]
Maximum Amount Allowable To Pay Dividend				$ 50,000,000
Markel Corporation [Member]
Stock issuance (in shares)			1,085,070
Sale of Stock, Price Per Share			$ 23.04
Mitchell P. Rales [Member]
Stock issuance (in shares)			2,170,139
Sale of Stock, Price Per Share			$ 23.04
Percentage Of Share Held By Related Party			20.90%
Steven M. Rales [Member]
Stock issuance (in shares)			2,170,139
Percentage Of Share Held By Related Party			20.90%
Mitchell P. Rales, Steven M. Rales and Markel Corporation [Member]
Stock issuance			$ 125,000,000
Underwriters [Member]
Stock issuance (in shares)	1,000,000	8,000,000
Stock issuance	$ 34,000,000	$ 272,000,000
Stock issuance costs					$ 12,600,000
Charter Acquisition [Member]
Preferred Stock, Dividend Rate, Percentage			6.00%
Business Acquisition Equity Each Shares Issued			0.1241
Business Acquisition, Equity Interest Issued Or Issuable, Number Of Shares			20,735,493
Stock issuance costs					$ 14,600,000
Charter Acquisition [Member] \| BDT Investor [Member]
Common Stock And Preferred Stock Value Issued			$ 680,000,000
Proceeds Per Share Of Common Stock Issued			$ 23.04
Stock issuance (in shares)			14,756,945
Charter Acquisition [Member] \| Maximum [Member]
Preferred Stock, Dividend Rate, Percentage			8.00%
Charter Acquisition [Member] \| Series Preferred Stock [Member]
Conversion Rate Of Convertible Preferred Stock During The Period					114.00%
Conversion Rate Of Convertible Preferred Stocks					133.00%
Charter Acquisition [Member] \| Series Preferred Stock [Member] \| BDT Investor [Member]
Preferred stock, issued			13,877,552
Proceeds Per Share Of Preferred Stock Issued			$ 24.50

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Accrued payroll	$ 101,183	$ 21,415
Advance payment from customers	92,783	14,704
Accrued taxes	92,564	4,911
Accrued asbestos-related liability	66,525	76,295
Warranty liability - current portion	36,910	2,987
Accrued restructuring liability - current portion	17,014	4,573
Accrued pension liability	16,944	1,267
Accrued interest	11,161	75
Accrued third-party commissions	11,154	5,884
Accrued Charter Acquisition-related liability	1,742	29,430
Other	95,525	14,466
Accrued liabilities	$ 543,505	$ 176,007

Accrued Liabilities (Details 1) - USD ($) $ in Thousands	6 Months Ended
Accrued Liabilities (Details 1) - USD ($) $ in Thousands	Jun. 29, 2012	Jul. 01, 2011
Warranty liability, beginning of period	$ 2,987	$ 2,963
Accrued warranty expense	8,728	1,680
Changes in estimates related to pre-existing warranties	511	582
Cost of warranty service work performed	(12,139)	(1,151)
Acquisitions	44,476	447
Foreign exchange translation effect	(1,695)	240
Warranty liability, end of period	$ 42,868	$ 4,761

Accrued Liabilities (Detail 2) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

Restructuring and other related charges

$ 18,558

$ 242

$ 27,201

$ 2,219

^[1]

[1]	Includes $0.2 million of non-cash stock-based compensation expense.

Accrued Liabilities (Details 3) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

^[1]

$ 4,573

10,234

$ 18,558

$ 242

27,201

$ 2,219

(22,241)

(134)

Employee Severance [Member]

19,633

^[2]

3,868

^[2]

6,324

^[2]

22,296

^[2]

(17,216)

^[2]

(118)

Facility Closing [Member]

^[2]

15,154

^[3]

633

^[3]

3,910

^[3]

1,085

^[3]

(2,073)

^[3]

(16)

Other Restructuring [Member]

^[3]

3,539

3,820

(2,952)

United States Pension Plans Of US Entity, Defined Benefit [Member]

$ 940

[1]	Includes $0.2 million of non-cash stock-based compensation expense.
[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 and training associates, relocating equipment and lease termination expense in connection with the closure of facilities, discussed above.

Accrued Liabilities (Details Textual) $ in Millions	6 Months Ended
Accrued Liabilities (Details Textual) $ in Millions	Jun. 29, 2012 USD ($)
Stock Base Compensation Expense Related To Restructuring	$ 0.2
Restructuring and Related Cost, Expected Cost	$ 16.0

Net Periodic Benefit Cost - Defined Benefit Plans (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

Service cost

$ 0

Interest cost

4,660

2,842

9,345

5,692

Expected return on plan assets

(6,012)

(4,165)

(12,043)

(8,329)

Amortization

1,854

1,313

3,600

2,626

Net periodic benefit cost (credit)

502

(10)

902

(11)

Foreign Pension Plans, Defined Benefit [Member]

Service cost

728

334

1,560

622

Interest cost

8,147

1,273

16,101

2,487

Expected return on plan assets

(4,732)

(363)

(9,490)

(716)

Amortization

190

159

380

313

Settlement loss

^[1]

1,499

Net periodic benefit cost (credit)

4,333

2,902

8,551

4,205

Other Postretirement Benefit Plans, Defined Benefit [Member]

Service cost

102

Interest cost

313

173

639

345

Amortization

233

213

466

426

Net periodic benefit cost (credit)

$ 609

$ 386

$ 1,207

$ 771

[1]	During the three and six months ended July 1, 2011, the Company terminated a frozen pension plan of one of its non-U.S. subsidiaries.

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Net Periodic Benefit Cost - Defined Benefit Plans (Details Textual) $ in Millions	6 Months Ended
	Jun. 29, 2012 USD ($)	Jan. 13, 2012 USD ($)
Define Benefit Plan, Number Of Plan Acquired	44
Defined Benefit Plan Number Of Plans Underfunded	40
Defined Benefit Plan Number Of Plans Overfunded	3
Defined Benefit Plan Underfunded	$ 256.8
Defined Benefit Plan Overfunded	50.8
Defined Benefit Plan, Contributions by Employer	18.9
Minimum [Member]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	15.0
Maximum [Member]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	25.0
Pension And Other Postretirement Benefit Plans Defined Benefit [Member]
Defined Benefit Plan, Contributions by Employer	$ 39.2
Charter Acquisition [Member]
Business Acquisition, Purchase Price Allocation, Projected Benefit Obligation (Asset)		$ 206.0

Financial Instruments and Fair Value Measurements (Details 1) - USD ($) $ in Thousands	Jun. 29, 2012	Dec. 31, 2011
Notional Amount of Foreign Currency Derivatives	$ 768,255	$ 2,754,116
Not Designated As Hedging Instrument [Member]
Notional Amount of Foreign Currency Derivative Sale Contracts	231,756	0
Notional Amount of Foreign Currency Derivative Purchase Contracts	273,605	0
Designated As Hedging Instrument [Member]
Notional Amount of Foreign Currency Derivative Sale Contracts	230,669	5,116
Notional Amount of Foreign Currency Derivative Purchase Contracts	32,225	0
Acquisition Related [Member]
Notional Amount of Foreign Currency Derivatives	$ 0	$ 2,749,000

Financial Instruments and Fair Value Measurements (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2012	Jul. 01, 2011	Jun. 29, 2012	Jul. 01, 2011
Designated As Hedging Instrument [Member]
Unrealized loss	$ 9,875	$ 0	$ (4)	$ 0
Designated As Hedging Instrument [Member] \| Interest Rate Swap [Member]
Unrealized loss	0	(33)	0	(133)
Realized loss	0	(495)	(471)	(980)
Designated As Hedging Instrument [Member] \| Customer Sales Contracts [Member]
Unrealized loss	(3,557)	0	(2,248)	0
Realized loss	75	0	(680)	0
Designated As Hedging Instrument [Member] \| Supplier Purchase Contracts [Member]
Unrealized loss	(243)	0	(849)	0
Realized loss	325	0	235	0
Not Designated As Hedging Instrument [Member] \| Customer Sales Contracts [Member]
Unrealized loss	(2,137)	274	(1,394)	700
Realized loss	(218)	157	876	174
Not Designated As Hedging Instrument [Member] \| Acquisition Related [Member]
Realized loss	$ 0	$ 0	$ (7,177)	$ 0

The aggregate unrealized foreign currency transaction gain (loss) (pretax) included in determining net income for the reporting period. Represents the aggregate of gains (losses) on transactions that are unsettled as of the balance sheet date, which is therefore an adjustment to reconcile income (loss) from continuing operations to net cash provided by or used in continuing operations. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting entity's financial statements. For certain entities, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).

Claims unresolved, beginning of period

Financial Instruments and Fair Value Measurements (Details Textual) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 29, 2012	Jun. 29, 2012	Dec. 31, 2011
Long-term Debt, Fair Value	$ 1,700.0	$ 1,700.0	$ 110.9
Accretion Expense	$ 0.2	$ 0.4
Interest Rate Swap [Member]
Derivative, Notional Amount			$ 25.0
Derivative, Fixed Interest Rate			4.1375%
Derivative Instruments, Loss Reclassified from Accumulated OCI into Income, Effective Portion			$ 0.5

Commitments and Contingencies (Details) - Asbestos Issue [Member]

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

^[1]

23,682

24,764

Claims filed

^[1],[2]

2,045

1,760

Claims resolved

^[1],[3]

(1,676)

(4,504)

Claims unresolved, end of period

^[1]

24,051

22,020

[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.

Commitments and Contingencies (Details 1) - USD ($)
$ in Thousands

Jun. 29, 2012

Dec. 31, 2011

Current asbestos insurance asset

^[1]

$ 34,800

$ 43,452

Current asbestos insurance receivable

^[1]

50,234

33,696

Long-term asbestos insurance asset

^[2]

326,236

326,838

Long-term asbestos insurance receivable

^[2]

7,063

14,034

Accrued asbestos liability

^[3]

38,916

48,700

Long-term asbestos liability

$ 383,020

^[4]

$ 382,394

^[3]

[1]	Included in Other current assets in the Condensed Consolidated Balance Sheets.
[2]	Included in Other assets in the Condensed Consolidated Balance Sheets.
[3]	Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the fluid handling 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 Contingencies (Details Textual) $ in Millions	6 Months Ended
	Jun. 29, 2012 USD ($)
Payments for Legal Settlements	$ 8.5

Segment Information (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2012

Jul. 01, 2011

Jun. 29, 2012

Jul. 01, 2011

Dec. 31, 2011

$ 1,045,653

$ 186,749

$ 1,932,019

$ 345,307

78,864

16,949

63,376

30,258

43,223

7,033

105,027

12,560

Income (loss) before income taxes

22,114

3,341

41,012

6,377

34,565

15,245

(8,548)

24,750

Interest expense

25,741

1,462

44,723

3,289

Restructuring and other related charges

18,558

242

27,201

2,219

^[1]

46,460

$ 7,680

Gas and Fluid Handling [Member]

6,004,868

1,088,543

496,495

186,749

921,826

345,307

45,112

21,577

64,921

40,560

27,820

6,792

57,364

12,075

10,266

3,321

19,560

6,035

10,508

7,680

Fabrication Technology [Member]

3,274,739

947,773

549,158

1,010,193

45,411

62,407

11,139

38,768

11,848

21,452

35,952

Corporate and Other [Member]

2,356,708

(11,659)

(4,628)

(63,952)

(10,302)

4,264

241

8,895

485

$ 20

$ 342