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DOCUMENT AND ENTITY INFORMATION	6 Months Ended
DOCUMENT AND ENTITY INFORMATION	Jun. 28, 2013 shares
Document and Entity Information [Abstract]
Entity Registrant Name	Colfax CORP
Entity Central Index Key	0001420800
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Trading Symbol	cfx
Entity Common Stock, Shares Outstanding	101,785,010
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 28, 2013
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2013

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Income Statement [Abstract]
Net sales	$ 1,074,118	$ 1,045,653	$ 2,021,261	$ 1,932,019
Cost of sales	736,296	730,791	1,392,714	1,375,451
Gross profit	337,822	314,862	628,547	556,568
Selling, general and administrative expense	221,225	231,992	433,703	444,048
Charter acquisition-related expense	0	766	0	43,617
Restructuring and other related charges	4,477	18,558	8,691	27,201
Asbestos coverage litigation expense	468	3,240	2,174	5,527
Operating income	111,652	60,306	183,979	36,175
Interest expense	18,054	25,741	41,343	44,723
Income (loss) before income taxes	93,598	34,565	142,636	(8,548)
Provision for income taxes	26,398	15,933	43,161	73,281
Net income (loss)	67,200	18,632	99,475	(81,829)
Less: income attributable to noncontrolling interest, net of taxes	8,808	6,266	13,448	11,403
Net income (loss) attributable to Colfax Corporation	58,392	12,366	86,027	(93,232)
Dividends on preferred stock	5,086	5,073	10,168	8,807
Net income (loss) available to Colfax Corporation common shareholders	$ 53,306	$ 7,293	$ 75,859	$ (102,039)
Net income (loss) per share- basic	$ 0.53	$ 0.07	$ 0.75	$ (1.16)
Net income (loss) per share- diluted	$ 0.52	$ 0.07	$ 0.74	$ (1.16)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Statement of Other Comprehensive Income [Abstract]
Net income (loss) attributable to Colfax Corporation	$ 58,392	$ 12,366	$ 86,027	$ (93,232)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			(154,230)
Other comprehensive (loss) income:
Foreign currency translation, net of tax of $(475), $136, $(624), $60	(41,833)	(111,680)	(173,953)	22,330
Unrealized (loss) gain on hedging activities, net of tax of $0, $(463), $(643) and ($192)	(4,339)	6,028	3,425	(1,959)
Amounts reclassified to net income (loss):
Realized gain on hedging activities, net of tax of $0, $0, $0 and $0	0	0	0	471
Net pension and other postretirement benefit cost, net of tax of $213, $(35), $354 and $109	2,563	2,133	5,157	4,158
Other comprehensive (loss) income	(43,609)	(103,519)	(165,371)	25,000
Less: other comprehensive loss attributable to noncontrolling interest net of tax of $0, $0, $0 and $0	(8,586)	(12,271)	(12,498)	(1,330)
Other comprehensive (loss) income attributable to Colfax Corporation	(35,023)	(91,248)	(152,873)	26,330
Comprehensive income (loss) attributable to Colfax Corporation	$ 23,369	$ (78,882)	$ (66,846)	$ (66,902)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Parenthetical] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Statement of Other Comprehensive Income [Abstract]
Foreign currency translation, tax	$ (475)	$ 136	$ (624)	$ 60
Unrealized (loss) gain on hedging activities, tax	0	(463)	(643)	(192)
Realized gain on hedging activities, tax	0	0	0	0
Net pension and other postretirement benefit cost, tax	213	(35)	354	109
Other comprehensive loss attributable to noncontrolling interest, tax	$ 0	$ 0	$ 0	$ 0

- Definition

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.

+ References + Details

- Definition

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

+ References

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-Name Accounting Research Bulletin (ARB)
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-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
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-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.

+ Details

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 587,937	$ 482,449
Trade receivables, less allowance for doubtful accounts of $18,649 and $16,464	933,706	873,382
Inventories, net	467,272	493,649
Other current assets	298,026	282,266
Total current assets	2,286,941	2,131,746
Property, plant and equipment, net	661,329	688,570
Goodwill	1,975,824	2,098,836
Intangible assets, net	720,734	779,049
Other assets	449,572	450,086
Total assets	6,094,400	6,148,287
LIABILITIES AND EQUITY
Current portion of long-term debt	95,029	34,799
Accounts payable	714,406	699,626
Accrued liabilities	439,541	447,220
Total current liabilities	1,248,976	1,181,645
Long-term debt, less current portion	1,410,913	1,693,512
Other liabilities	1,030,445	1,116,844
Total liabilities	3,690,334	3,992,001
Equity:
Preferred stock, $0.001 par value; 20,000,000 shares authorized; 13,877,552 issued and outstanding	14	14
Common stock, $0.001 par value; 400,000,000 shares authorized; 101,785,010 and 94,067,418 issued and outstanding	102	94
Additional paid-in capital	2,526,645	2,197,694
Accumulated deficit	(62,997)	(138,856)
Accumulated other comprehensive loss	(299,467)	(146,594)
Total Colfax Corporation equity	2,164,297	1,912,352
Noncontrolling interest	239,769	243,934
Total equity	2,404,066	2,156,286
Total liabilities and equity	$ 6,094,400	$ 6,148,287

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Trade receivables, allowance for doubtful accounts (in dollars)	$ 18,649	$ 16,464
Preferred Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	13,877,552	13,877,552
Preferred Stock, Shares Outstanding	13,877,552	13,877,552
Common Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares, Issued	101,785,010	94,067,418
Common Stock, Shares, Outstanding	101,785,010	94,067,418

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - 6 months ended Jun. 28, 2013 - USD ($)	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2012	$ 2,156,286,000	$ 94,000	$ 14,000	$ 2,197,694,000	$ (138,856,000)	$ (146,594,000)	$ 243,934,000
Shares, Outstanding at Dec. 31, 2012		94,067,418	13,877,552
Net Income (Loss) Attributable to Parent	86,027,000				86,027,000
Net Income (Loss) Attributable to Noncontrolling Interest	13,448,000
Net Income	99,475,000
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(5,115,000)	$ 0	$ 0	0	0	0	(5,115,000)
Dividends, Preferred Stock	(10,168,000)	0	0	0	(10,168,000)	0	0
Other comprehensive loss	(165,371,000)	0	0	0	0	(152,873,000)	(12,498,000)
Stock Issues During Period, Value, New Issues, Net of Issuance Costs	$ 319,898,000	$ 8,000	$ 0	319,890,000	0	0	0
Stock Issued During Period, Shares, New Issues	7,500,000	7,500,000	0
Common stock-based award activity	$ 9,061,000	$ 0	$ 0	9,061,000	0	0	0
Common stock-based award activity (in shares)		217,592	0
Shares, Outstanding at Jun. 28, 2013		101,785,010	13,877,552
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 28, 2013	$ 2,404,066,000	$ 102,000	$ 14,000	$ 2,526,645,000	$ (62,997,000)	$ (299,467,000)	$ 239,769,000

CONDENSED CONSOLIDATED STATEMENT OF EQUITY Statement of Stockholders' Equity [Parenthetical] $ in Millions	6 Months Ended
	Jun. 28, 2013 USD ($)
Statement of Stockholders' Equity [Parenthetical] [Abstract]
Equity Issuance Costs	$ 12.0

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012
Statement of Cash Flows [Abstract]
Net income (loss)	$ 99,475	$ (81,829)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, amortization and fixed asset impairment charges	65,766	105,027
Stock-based compensation expense	6,147	3,988
Deferred income tax provision	4,622	46,566
Changes in operating assets and liabilities, net of acquisitions:
Trade receivables, net	(86,098)	(100,930)
Inventories, net	4,417	(40,464)
Accounts payable	35,599	12,116
Changes in other operating assets and liabilities	(44,246)	24,475
Net cash provided by (used in) operating activities	85,682	(31,051)
Cash flows from investing activities:
Purchases of fixed assets, net	(35,643)	(41,012)
Acquisitions, net of cash received	0	(1,661,650)
Net cash used in investing activities	(35,643)	(1,702,662)
Cash flows from financing activities:
Borrowings under term credit facility	50,861	1,731,523
Payments under term credit facility	(274,695)	(518,849)
Proceeds from borrowings on revolving credit facilities	182,590	13,149
Repayments of borrowings on revolving credit facilities	(190,187)	(51,378)
Payments of deferred loan costs	(2,556)	(8,516)
Proceeds from issuance of common stock, net	322,812	753,986
Proceeds from issuance of preferred stock, net	0	332,969
ESAB India repurchase of additional noncontrolling interest	0	(29,291)
Distributions to noncontrolling owners	(5,115)	(1,080)
Contingent payment on acquisition	(3,500)	0
Payments of dividend on preferred stock	(10,168)	(7,246)
Net cash provided by financing activities	70,042	2,215,267
Effect of foreign exchange rates on Cash and cash equivalents	(14,593)	(17,706)
Increase in Cash and cash equivalents	105,488	463,848
Cash and cash equivalents, beginning of period	482,449	75,108
Cash and cash equivalents, end of period	$ 587,937	$ 538,956

General	6 Months Ended
General	Jun. 28, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	General Colfax Corporation (the “Company” or “Colfax”) is a diversified global industrial manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to customers around the world under the Howden, ESAB and Colfax Fluid Handling brand names. The Condensed Consolidated Financial Statements included in this quarterly report have been prepared by the Company in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements. The Condensed Consolidated Balance Sheet as of December 31, 2012 is derived from the Company’s audited financial statements. During the three months ended March 29, 2013, adjustments were made retrospectively to provisional amounts recorded as of December 31, 2012, due to the finalization of the valuation of specific tax items related to the acquisition of Charter International plc (“Charter”) by Colfax (the “Charter Acquisition”). See Note 3, “Acquisition” for additional information regarding these adjustments. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the SEC’s rules and regulations for interim financial statements. The Condensed Consolidated Financial Statements included herein should be read in conjunction with the audited financial statements and related footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 (the “2012 Form 10-K”), filed with the SEC on February 19, 2013. The Condensed Consolidated Financial Statements reflect, in the opinion of management, all adjustments, which, except as described above, consist solely of normal recurring adjustments, necessary to present fairly the Company’s financial position and results of operations as of and for the periods indicated. Significant intercompany transactions and accounts are eliminated in consolidation. The Company makes certain estimates and assumptions in preparing its Condensed Consolidated Financial Statements in accordance with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses for the periods presented. Actual results may differ from those estimates. During the three months ended March 29, 2013, Venezuela devalued its currency to an official rate of 6.3 bolivar fuerte (“bolivar”) to the U.S. dollar, representing an approximate 32% devaluation of its currency relative to the U.S. dollar. The Company currently considers Venezuela a highly inflationary currency under GAAP. Therefore, financial statements of the Company’s Venezuelan operation have been remeasured into its parent’s reporting currency, the Colombian peso. Exchange gains and losses from the re-measurement of monetary assets and liabilities are reflected in current earnings. Future impacts to earnings of applying highly inflationary accounting for Venezuela on the Company’s Consolidated Financial Statements will be dependent upon movements in the applicable exchange rates between the bolivar and the Colombian peso and the amount of monetary assets and liabilities included in the Company’s Venezuelan operation’s balance sheet. As of and for the six months ended June 28, 2013, the Company’s Venezuelan operation represented less than 1% of the Company’s Total assets and Net sales. The bolivar-denominated monetary net asset position, primarily related to Cash and cash equivalents, was $5.9 million in the Condensed Consolidated Balance Sheet as of June 28, 2013. The devaluation of the bolivar and the change to the Colombian peso as the functional currency resulted in a foreign currency transaction loss of $2.9 million recognized in Selling, general and administrative expense for the three months ended March 29, 2013. The results of operations for the three and six months ended June 28, 2013 are not necessarily indicative of the results of operations that may be achieved for the full year. Quarterly results are affected by seasonal variations in the Company’s gas- and fluid-handling business. As our gas- and fluid-handling customers seek to fully utilize capital spending budgets before the end of the year, historically our shipments have peaked during the fourth quarter. Also, all of our European operations typically experience a slowdown during the July and August holiday season. General economic conditions may, however, impact future seasonal variations.

- Definition

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

+ References

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-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
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-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
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+ Details

Recently Issued Accounting Pronouncements	6 Months Ended
Recently Issued Accounting Pronouncements	Jun. 28, 2013
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In March 2013, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2013-05, “Foreign Currency Matters (Topic 830)” (“ASU No. 2013-05”). ASU No. 2013-05 is intended to clarify the parent’s accounting for the cumulative translation adjustment upon the sale or transfer of a group of assets within a consolidated foreign entity. When a parent ceases to have a controlling financial interest in a subsidiary or group of assets within a foreign entity, the parent is required to release any related cumulative translation adjustment into Net income. ASU No. 2013-05 further clarifies the cumulative translation adjustment should be released into Net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. ASU No. 2013-05 also clarifies application of this guidance to step acquisitions. ASU No. 2013-05 is effective prospectively for fiscal years beginning after December 15, 2013, with early adoption permitted. The Company will apply the provisions of ASU No. 2013-05 to future sales or transfers of assets of a consolidated foreign entity.

Acquisition	6 Months Ended
Acquisition	Jun. 28, 2013
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisition Charter International plc On January 13, 2012, Colfax completed the acquisition of Charter for a total purchase price of approximately $2.6 billion, comprised of $1.9 billion of cash consideration and $0.7 billion fair value of common stock on the date of acquisition. Charter is a global industrial manufacturing company focused on welding, cutting and automation and air and gas handling. The Charter Acquisition was accounted for using the acquisition method of accounting. The measurement period was completed during the three months ended March 29, 2013. During the measurement period, the Company retrospectively adjusted provisional amounts with respect to the Charter acquisition that were recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. The aggregate adjustments for the three months ended March 29, 2013 of $23.5 million increased the Goodwill balance and relate to the Company’s valuation of specific tax items.

- Definition

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).

+ References

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-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.

+ Details

Net Income (Loss) Per Share

6 Months Ended

Jun. 28, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Net Income (Loss) Per Share

Net income (loss) per share available to Colfax Corporation common shareholders was computed as follows:



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands, except share data)
Computation of Net income (loss) per share - basic:
Net income (loss) available to Colfax Corporation common shareholders	$	53,306		$	7,293		$	75,859		$	(102,039	)
Less: net income attributable to participating securities⁽¹⁾	(845		)	(931		)	(3,740		)	—
	$	52,461		$	6,362		$	72,119		$	(102,039	)

Weighted-average shares of Common stock outstanding-basic	98,219,835			93,953,620			96,257,214			87,973,900

Net income (loss) per share - basic	$	0.53		$	0.07		$	0.75		$	(1.16	)

Computation of Net income (loss) per share - diluted:
Net income (loss) available to Colfax Corporation common shareholders	$	53,306		$	7,293		$	75,859		$	(102,039	)
Less: net income attributable to participating securities⁽¹⁾⁽²⁾	—			(931		)	(3,740		)	—
Add: dividends on preferred stock⁽²⁾	5,086			—			—			—
	$	58,392		$	6,362		$	72,119		$	(102,039	)

Weighted-average shares of Common stock outstanding-basic	98,219,835			93,953,620			96,257,214			87,973,900
Net effect of potentially dilutive securities - stock options and restricted stock units	1,129,832			779,544			1,027,823			—
Net effect of potentially dilutive securities - convertible preferred stock	12,173,291			—			—			—
Weighted-average shares of Common stock outstanding-diluted	111,522,958			94,733,164			97,285,037			87,973,900

Net income (loss) per share - diluted	$	0.52		$	0.07		$	0.74		$	(1.16	)

⁽¹⁾Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.

⁽²⁾For periods subsequent to April 23, 2013, Net income (loss) per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the six months ended June 28, 2013, the calculation under this method was anti-dilutive.

On April 23, 2013, the Company and BDT CF Acquisition Vehicle, LLC amended the Certificate for Designations of Series A Perpetual Convertible Preferred Stock of Colfax Corporation to eliminate the right of the Series A Preferred Stock to share proportionately in any dividends or distributions made in respect of the Company’s Common stock. BDT CF Acquisition Vehicle is the sole holder of all issued and outstanding shares of the Company’s Series A Convertible Preferred Stock. For periods prior to April 23, 2013, Net income available to Colfax Corporation common shareholders was allocated to participating securities, while any losses for those periods were not allocated to the participating securities. Effective April 23, 2013, the Company’s Series A Convertible Preferred Stock is no longer considered a participating security. For periods subsequent to April 23, 2013, the Company’s Net income (loss) per share - dilutive is computed using the “if-converted” method. Under the “if-converted” method, Net income (loss) per share - dilutive is calculated under the assumption that the Series A Convertible Preferred Stock have been converted into shares of Common stock as of the beginning of the respective period. For the six months ended June 28, 2013, the weighted-average computation of the dilutive effect of potentially issuable shares of Common stock excludes 12.2 million shares assuming that the Series A Preferred Stock have been converted, as inclusion of such shares would be anti-dilutive.

The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the three months ended June 28, 2013 and June 29, 2012 excludes approximately 0.5 million and 1.4 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive. The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the six months ended June 28, 2013 and June 29, 2012 excludes approximately 0.7 million and 2.9 million outstanding stock-based compensation awards, respectively, as their inclusion would be anti-dilutive.

Income Taxes	6 Months Ended
Income Taxes	Jun. 28, 2013
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Income Taxes During the three months ended June 28, 2013, Income before income taxes was $93.6 million and the Provision for income taxes was $26.4 million. The effective tax rate of 28.2% for the three months ended June 28, 2013 differs from the U.S. federal statutory rate primarily due to international tax rates, which are lower than the U.S. tax rate, and resolution of a liability for unrecognized tax benefits resulting in a gain of $2.3 million offset in part by losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2013. During the six months ended June 28, 2013, Income before income taxes was $142.6 million and the Provision for income taxes was $43.2 million. The effective tax rate of 30.3% for the six months ended June 28, 2013 differs from the U.S. federal statutory rate primarily due to international tax rates, which are lower than the U.S. tax rate, and the resolution of a liability for unrecognized tax benefits resulting in a gain of $2.3 million offset in part by losses in certain jurisdictions where a tax benefit is not expected to be recognized in 2013. 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. The provision 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.

- Definition

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.

+ References

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.

+ Details

Equity

6 Months Ended

Jun. 28, 2013

Equity [Abstract]

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

Equity

Common Stock

On May 13, 2013, the Company sold 7,500,000 shares of newly issued Colfax Common stock to underwriters for public resale pursuant to a shelf registration statement for an aggregate purchase price of $331.9 million. In conjunction with this issuance, the Company recognized $12.0 million in equity issuance costs which were recorded as a reduction to Additional paid-in capital during the six months ended June 28, 2013.

Accumulated Other Comprehensive Loss

The following table presents the changes in the balances of each component of Accumulated other comprehensive loss including current period reclassifications out of Accumulated other comprehensive loss for the six months ended June 28, 2013. All amounts are net of tax and noncontrolling interest.



	Accumulated Other Comprehensive Loss Components
	Net Unrecognized Pension And Other Post-Retirement Benefit Cost			Foreign Currency Translation Adjustment			Unrealized (Loss) Gain On Hedging Activities			Total
	(In thousands)

Beginning Balance	$	(247,332	)	$	104,718		$	(3,980	)	$	(146,594	)
Other comprehensive (loss) income before reclassifications:
Foreign currency translation adjustment	—			(154,230		)	—			(154,230		)
Loss on long-term intra-entity foreign currency transactions	—			(7,299		)	—			(7,299		)
Gain on net investment hedges	—			—			7,263			7,263
Unrealized loss on cash flow hedges	—			—			(3,764		)	(3,764		)
Other comprehensive (loss) income before reclassifications	—			(161,529		)	3,499			(158,030		)
Amounts reclassified from Accumulated other comprehensive loss	5,157			—			—			5,157
Net current period other comprehensive income (loss)	5,157			(161,529		)	3,499			(152,873		)
Ending balance	$	(242,175	)	$	(56,811	)	$	(481	)	$	(299,467	)

The effect on Net income of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and six months ended June 28, 2013 is as follows:



	Three Months Ended June 28, 2013							Six Months Ended June 28, 2013
	Amounts Reclassified From Other Comprehensive Loss		Tax Benefit			Total		Amounts Reclassified From Other Comprehensive Loss		Tax Benefit			Total
	(In thousands)

Pension and other post-retirement benefit cost:
Amortization of net loss⁽¹⁾	$	2,714	$	(213	)	$	2,501	$	5,387	$	(354	)	$	5,033
Amortization of prior service cost⁽¹⁾	62		—			62		124		—			124
	$	2,776	$	(213	)	$	2,563	$	5,511	$	(354	)	$	5,157

⁽¹⁾Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details.

During the six months ended June 28, 2013, Noncontrolling interest decreased by $12.5 million due to Other comprehensive loss, primarily due to currency translation adjustment.

Inventories, Net

6 Months Ended

Jun. 28, 2013

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

Inventories, Net

Inventories, net consisted of the following:



	June 28, 2013			December 31, 2012
	(In thousands)
Raw materials	$	137,859		$	154,771
Work in process	98,945			99,459
Finished goods	252,074			263,211
	488,878			517,441
Less: customer progress billings	(9,839		)	(14,571		)
Less: allowance for excess, slow-moving and obsolete inventory	(11,767		)	(9,221		)
Inventories, net	$	467,272		$	493,649

Debt

6 Months Ended

Jun. 28, 2013

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Debt

Long-term debt consisted of the following:



	June 28, 2013			December 31, 2012
	(In thousands)
Term loans	$	1,467,405		$	1,682,177
Revolving credit facilities and other	38,537			46,134
Total Debt	1,505,942			1,728,311
Less: current portion	(95,029		)	(34,799		)
Long-term debt	$	1,410,913		$	1,693,512

On February 22, 2013, the Company entered into the Second Amendment to its credit agreement (the “Deutsche Bank Credit Agreement”), by and among the Company, Colfax UK Holdings Ltd, the other subsidiaries of the Company party thereto, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent (the “Second Amendment”). Pursuant to the Second Amendment, the Company amended its credit agreement to, among other things, (i) reallocate the borrowing capacities of the tranches of loans as follows: a $408.7 million term A-1 facility, a $380 million term A-2 facility, a €157.6 million term A-3 facility, a €105.3 million term A-4 facility, a $400 million term B facility and two revolving credit subfacilities which total $500 million in commitments, (ii) provide for an interest rate margin on the term A-1 facility, the term A-2 facility and the revolving credit subfacilities ranging from 0.75% to 1.50% per annum for base rate loans and 1.75% to 2.50% per annum for Eurocurrency rate loans, in each case, determined by the Company’s leverage ratio, (iii) provide for an interest rate margin on the term A-3 facility and the term A-4 facility ranging from 1.50% to 2.25% per annum for base rate loans and 2.50% to 3.25% per annum for Eurocurrency rate loans, in each case, determined by the Company’s leverage ratio and (iv) provide for an interest rate margin on the term B facility of 1.50% per annum for base rate loans and 2.50% per annum for Eurocurrency rate loans. In conjunction with the Second Amendment, the Company recorded a charge to Interest expense in the Condensed Consolidated Statement of Operations for the six months ended June 28, 2013 of $2.6 million to write-off certain deferred financing fees and original issue discount and expensed approximately $0.5 million of costs incurred in connection with the refinancing. The Company had an original issue discount of $44.0 million and deferred financing fees of $16.8 million included in its Condensed Consolidated Balance Sheet as of June 28, 2013, which will be accreted to Interest expense primarily using the effective interest method, over the life of the Deutsche Bank Credit Agreement. As of June 28, 2013, the weighted-average interest rate of borrowings under the amended Deutsche Bank Credit Agreement was 2.62%, excluding accretion of original issue discount, and there was $499.9 million available on the revolving credit subfacilities, including $199.9 million available on a letter of credit subfacility.

The Company is also party to additional letter of credit facilities with total capacity of $572.3 million, of which $332.7 million was outstanding as of June 28, 2013.

As of June 28, 2013, the Company is in compliance with the covenants under the Deutsche Bank Credit Agreement.

- Definition

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.

+ References + Details

Accrued Liabilities

6 Months Ended

Jun. 28, 2013

Accrued Liabilities [Abstract]

Accrued Liabilities Disclosure [Text Block]

Accrued Liabilities

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



	June 28, 2013		December 31, 2012
	(In thousands)
Accrued payroll	$	101,911	$	99,583
Advance payment from customers	61,806		61,431
Accrued taxes	61,948		34,165
Accrued asbestos-related liability	63,299		58,501
Warranty liability - current portion	31,142		35,678
Accrued restructuring liability - current portion	13,255		25,406
Accrued third-party commissions	12,638		12,320
Other	93,542		120,136
Accrued liabilities	$	439,541	$	447,220

Warranty Liability

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



	Six Months Ended
	June 28, 2013			June 29, 2012
	(In thousands)
Warranty liability, beginning of period	$	40,437		$	2,987
Accrued warranty expense	9,095			8,728
Changes in estimates related to pre-existing warranties	(816		)	511
Cost of warranty service work performed	(10,611		)	(12,139		)
Acquisitions	—			44,476
Foreign exchange translation effect	(1,142		)	(1,695		)
Warranty liability, end of period	$	36,963		$	42,868

Accrued Restructuring Liability

The Company’s restructuring programs include a series of restructuring actions at its fluid-handling operations beginning in 2009 and ongoing initiatives as a result of the Charter Acquisition as well as efforts to reduce the structural costs and rationalize the corporate overhead of the combined businesses.

A summary of the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Condensed Consolidated Balance Sheets is as follows:



	Six Months Ended June 28, 2013
	Balance at Beginning of Period		Provisions		Payments			Foreign Currency Translation			Balance at End of Period⁽³⁾
	(In thousands)
Restructuring and other related charges:
Gas and Fluid Handling:
Termination benefits⁽¹⁾	$	3,060	$	1,465	$	(3,958	)	$	(66	)	$	501
Facility closure costs⁽²⁾	1,177		1		(282		)	(15		)	881
Other related charges	—		—		—			—			—
	4,237		1,466		(4,240		)	(81		)	1,382
Fabrication Technology:
Termination benefits⁽¹⁾	14,637		5,201		(9,858		)	(103		)	$	9,877
Facility closure costs⁽²⁾	6,925		1,096		(5,622		)	(6		)	2,393
Other related charges	33		928		(914		)	(45		)	2
	21,595		7,225		(16,394		)	(154		)	12,272
Corporate and Other:
Termination benefits⁽¹⁾	—		—		—			—			—
Facility closure costs⁽²⁾	1,522		—		(118		)	(100		)	1,304
Other related charges	—		—		—			—			—
	1,522		—		(118		)	(100		)	1,304
	$	27,354	$	8,691	$	(20,752	)	$	(335	)	$	14,958

⁽¹⁾Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary

termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits

are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.

⁽²⁾Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.

⁽³⁾As of June 28, 2013, $13.3 million and $1.7 million of the Company’s restructuring liability was included in Accrued liabilities and Other

liabilities, respectively.

The Company expects to incur Restructuring and other related charges of approximately $20 million during the remainder of 2013 related to these restructuring activities.

Net Periodic Benefit Cost-Defined Benefit Plans

6 Months Ended

Jun. 28, 2013

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Net Periodic Benefit Cost - Defined Benefit Plans

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



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Pension Benefits-U.S. Plans:
Service cost	$	—		$	—		$	—		$	—
Interest cost	4,450			4,660			8,774			9,345
Expected return on plan assets	(6,228		)	(6,012		)	(12,419		)	(12,043		)
Amortization	1,963			1,854			3,927			3,600
Net periodic benefit cost	$	185		$	502		$	282		$	902

Pension Benefits-Non U.S. Plans:
Service cost	$	862		$	728		$	1,822		$	1,560
Interest cost	11,498			8,147			22,204			16,101
Expected return on plan assets	(8,669		)	(4,732		)	(16,490		)	(9,490		)
Amortization	636			190			1,231			380
Net periodic benefit cost	$	4,327		$	4,333		$	8,767		$	8,551

Other Post-Retirement Benefits:
Service cost	$	28		$	63		$	135		$	102
Interest cost	285			313			457			639
Amortization	177			233			353			466
Net periodic benefit cost	$	490		$	609		$	945		$	1,207

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
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-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
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-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.

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-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
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-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
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+ Details

Financial Instruments and Fair Value Measurements

6 Months Ended

Jun. 28, 2013

Financial Instruments and Fair Value Measurements [Abstract]

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

Financial Instruments and Fair Value Measurements

The carrying values of financial instruments, including Trade receivables and Accounts payable, approximate their fair values due to their short-term maturities. The estimated fair value of the Company’s debt of $1.5 billion and $1.7 billion as of June 28, 2013 and December 31, 2012, respectively, was based on current interest rates for similar types of borrowings and is in Level Two of the fair value hierarchy. The estimated fair values may not represent actual values of the financial instruments that could be realized as of the balance sheet date or that will be realized in the future.

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



	June 28, 2013
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	328,536	$	—	$	—	$	328,536
Foreign currency contracts related to sales - designated as hedges	—		4,126		—		4,126
Foreign currency contracts related to sales - not designated as hedges	—		1,889		—		1,889
Foreign currency contracts related to purchases - designated as hedges	—		897		—		897
Foreign currency contracts related to purchases - not designated as hedges	—		2,258		—		2,258
Deferred compensation plans	—		2,684		—		2,684
	$	328,536	$	11,854	—		$	340,390

Liabilities:
Foreign currency contracts related to sales - designated as hedges	$	—	$	4,911	$	—	$	4,911
Foreign currency contracts related to sales - not designated as hedges	—		2,619		—		2,619
Foreign currency contracts related to purchases - designated as hedges	—		762		—		762
Foreign currency contracts related to purchases - not designated as hedges	—		1,809		—		1,809
Deferred compensation plans	—		2,684		—		2,684
Liability for contingent payments	—		—		3,387		3,387
	$	—	$	12,785	$	3,387	$	16,172



	December 31, 2012
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	133,878	$	—	$	—	$	133,878
Foreign currency contracts related to sales - designated as hedges	—		6,832		—		6,832
Foreign currency contracts related to sales - not designated as hedges	—		2,249		—		2,249
Foreign currency contracts related to purchases - designated as hedges	—		213		—		213
Foreign currency contracts related to purchases - not designated as hedges	—		1,077		—		1,077
Deferred compensation plans	—		2,542		—		2,542
	$	133,878	$	12,913	—		$	146,791

Liabilities:
Foreign currency contracts related to sales - designated as hedges	$	—	$	1,024	$	—	$	1,024
Foreign currency contracts related to sales - not designated as hedges	—		1,693		—		1,693
Foreign currency contracts related to purchases - designated as hedges	—		896		—		896
Foreign currency contracts related to purchases - not designated as hedges	—		1,062		—		1,062
Deferred compensation plans	—		2,542		—		2,542
Liability for contingent payments	—		—		6,517		6,517
	$	—	$	7,217	$	6,517	$	13,734

There were no transfers in or out of Level One, Two or Three during the six months ended June 28, 2013.

Foreign Currency Contracts. As of June 28, 2013 and December 31, 2012, the Company had foreign currency contracts with the following notional values:



	June 28, 2013		December 31, 2012
	(In thousands)
Foreign currency contracts sold - not designated as hedges	$	236,186	$	301,185
Foreign currency contracts sold - designated as hedges	204,397		238,537
Foreign currency contracts purchased - not designated as hedges	188,545		121,741
Foreign currency contracts purchased - designated as hedges	56,238		37,065
Total foreign currency derivatives	$	685,366	$	698,528

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



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Contracts Designated as Hedges:
Interest Rate Swap:
Realized loss	$	—		$	—		$	—		$	(471	)
Foreign Currency Contracts - related to customer sales contracts:
Unrealized gain (loss)	407			(3,557		)	(590		)	(2,248		)
Realized gain (loss)	386			75			(3,471		)	(680		)
Foreign Currency Contracts - related to supplier purchase contracts:
Unrealized loss	(110		)	(243		)	(1,053		)	(849		)
Realized (loss) gain	(160		)	325			1,501			235
Unrealized gain (loss) on net investment hedges	1,567			9,875			7,263			(4		)
Contracts Not Designated in a Hedge Relationship:
Foreign Currency Contracts - acquisition-related:
Realized loss	—			—			—			(7,177		)
Foreign Currency Contracts - related to customer sales contracts:
Unrealized loss	(1,733		)	(4,856		)	(489		)	(1,620		)
Realized gain (loss)	440			(67		)	(1,972		)	910
Foreign Currency Contracts - related to supplier purchases contracts:
Unrealized gain	1,777			2,719			867			226
Realized (loss) gain	(1,028		)	(151		)	506			(34		)

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, Inc. in December of 2011, which are subject to the achievement of certain performance goals, and is included in Other liabilities in the Consolidated Balance Sheets. The fair value of the liability for contingent payments represents the present value of probability weighted expected cash flows based upon the Company’s internal model and projections and is included in Level Three of the fair value hierarchy. Accretion is recognized in Interest expense in the Consolidated Statements of Operations and realized or unrealized gains or losses are recognized in Selling, general and administrative expense in the Consolidated Statements of Operations.

A summary of activity in the Company’s liability for contingent payments during the six months ended June 28, 2013 is as follows:



	(In thousands)
Balance at January 1, 2013	$	6,517
Interest accretion	370
Cash payment	(3,500		)
Balance at June 28, 2013	$	3,387

Commitments and Contingencies

6 Months Ended

Jun. 29, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Commitments and Contingencies

For further description of the Company’s litigation and contingencies, reference is made to Note 16, “Commitments and Contingencies” in the Notes to Consolidated Financial Statements in our 2012 Form 10-K.

Asbestos and Other Product Liability Contingencies

Claims activity since December 31 related to asbestos claims is as follows⁽¹⁾:



	Six Months Ended
	June 28, 2013		June 29, 2012
	(Number of claims)
Claims unresolved, beginning of period	23,523		25,281
Claims filed⁽²⁾	2,298		2,257
Claims resolved⁽³⁾	(3,188	)	(1,998	)
Claims unresolved, end of period	22,633		25,540

⁽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 28, 2013		December 31, 2012
	(In thousands)
Current asbestos insurance asset⁽¹⁾	$	35,192	$	35,566
Current asbestos insurance receivable⁽¹⁾	48,147		36,778
Long-term asbestos insurance asset⁽²⁾	300,021		315,363
Long-term asbestos insurance receivable⁽²⁾	14,482		7,063
Accrued asbestos liability⁽³⁾	63,299		58,501
Long-term asbestos liability⁽⁴⁾	359,763		375,493

⁽¹⁾Included in Other current assets in the Condensed Consolidated Balance Sheets.

⁽²⁾Included in Other assets in the Condensed Consolidated Balance Sheets.

⁽³⁾Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries

will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against

asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed

Consolidated Balance Sheets.

⁽⁴⁾Included in Other liabilities in the Condensed Consolidated Balance Sheets.

Management’s analyses are based on currently known facts and a number of assumptions. However, projecting future events, such as new claims to be filed each year, the average cost of resolving each claim, coverage issues among layers of insurers, the method in which losses will be allocated to the various insurance policies, interpretation of the effect on coverage of various policy terms and limits and their interrelationships, the continuing solvency of various insurance companies, the amount of remaining insurance available, as well as the numerous uncertainties inherent in asbestos litigation could cause the actual liabilities and insurance recoveries to be higher or lower than those projected or recorded which could materially affect the Company’s financial condition, results of operations or cash flow.

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

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-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.

+ Details

Segment Information

6 Months Ended

Jun. 28, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Information

The Company conducts its operations through three operating segments: gas handling, fluid handling and fabrication technology. The gas-handling and fluid-handling operating segments are aggregated into a single reportable segment. A description of the Company’s reportable segments is as follows:

▪

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


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

Certain amounts not allocated to the two reportable segments and intersegment eliminations are reported under the heading “Corporate and other.” The Company’s management evaluates the operating results of each of its reportable segments based upon Net sales and segment operating income (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 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Net sales:
Gas and fluid handling	$	516,763		$	496,495		$	941,868		$	921,826
Fabrication technology	557,355			549,158			1,079,393			1,010,193
	$	1,074,118		$	1,045,653		$	2,021,261		$	1,932,019
Segment operating income (loss)⁽¹⁾:
Gas and fluid handling	$	69,440		$	45,112		$	111,928		$	64,921
Fabrication technology	59,427			45,411			103,895			62,407
Corporate and other	(12,738		)	(11,659		)	(23,153		)	(63,952		)
	$	116,129		$	78,864		$	192,670		$	63,376

⁽¹⁾The following is a reconciliation of Income (loss) before income taxes to segment operating income:



	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
	(In thousands)
Income (loss) before income taxes	$	93,598	$	34,565	$	142,636	$	(8,548	)
Interest expense	18,054		25,741		41,343		44,723
Restructuring and other related charges	4,477		18,558		8,691		27,201
Segment operating income	$	116,129	$	78,864	$	192,670	$	63,376

The detail of the Company’s Net sales by product type is as follows:



	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
	(In thousands)
Gas handling	$	352,084	$	322,566	$	627,531	$	586,162
Fluid handling	164,679		173,929		314,337		335,664
Welding and cutting	557,355		549,158		1,079,393		1,010,193
Total Net sales	$	1,074,118	$	1,045,653	$	2,021,261	$	1,932,019

- Definition

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.

+ References

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

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-Publisher FASB
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-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.

+ Details

Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 28, 2013

Earnings Per Share [Abstract]

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

Net income (loss) per share available to Colfax Corporation common shareholders was computed as follows:



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands, except share data)
Computation of Net income (loss) per share - basic:
Net income (loss) available to Colfax Corporation common shareholders	$	53,306		$	7,293		$	75,859		$	(102,039	)
Less: net income attributable to participating securities⁽¹⁾	(845		)	(931		)	(3,740		)	—
	$	52,461		$	6,362		$	72,119		$	(102,039	)

Weighted-average shares of Common stock outstanding-basic	98,219,835			93,953,620			96,257,214			87,973,900

Net income (loss) per share - basic	$	0.53		$	0.07		$	0.75		$	(1.16	)

Computation of Net income (loss) per share - diluted:
Net income (loss) available to Colfax Corporation common shareholders	$	53,306		$	7,293		$	75,859		$	(102,039	)
Less: net income attributable to participating securities⁽¹⁾⁽²⁾	—			(931		)	(3,740		)	—
Add: dividends on preferred stock⁽²⁾	5,086			—			—			—
	$	58,392		$	6,362		$	72,119		$	(102,039	)

Weighted-average shares of Common stock outstanding-basic	98,219,835			93,953,620			96,257,214			87,973,900
Net effect of potentially dilutive securities - stock options and restricted stock units	1,129,832			779,544			1,027,823			—
Net effect of potentially dilutive securities - convertible preferred stock	12,173,291			—			—			—
Weighted-average shares of Common stock outstanding-diluted	111,522,958			94,733,164			97,285,037			87,973,900

Net income (loss) per share - diluted	$	0.52		$	0.07		$	0.74		$	(1.16	)

⁽¹⁾Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.

Equity (Tables)

6 Months Ended

Jun. 28, 2013

Equity [Abstract]

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

Accumulated Other Comprehensive Loss



	Accumulated Other Comprehensive Loss Components
	Net Unrecognized Pension And Other Post-Retirement Benefit Cost			Foreign Currency Translation Adjustment			Unrealized (Loss) Gain On Hedging Activities			Total
	(In thousands)

Beginning Balance	$	(247,332	)	$	104,718		$	(3,980	)	$	(146,594	)
Other comprehensive (loss) income before reclassifications:
Foreign currency translation adjustment	—			(154,230		)	—			(154,230		)
Loss on long-term intra-entity foreign currency transactions	—			(7,299		)	—			(7,299		)
Gain on net investment hedges	—			—			7,263			7,263
Unrealized loss on cash flow hedges	—			—			(3,764		)	(3,764		)
Other comprehensive (loss) income before reclassifications	—			(161,529		)	3,499			(158,030		)
Amounts reclassified from Accumulated other comprehensive loss	5,157			—			—			5,157
Net current period other comprehensive income (loss)	5,157			(161,529		)	3,499			(152,873		)
Ending balance	$	(242,175	)	$	(56,811	)	$	(481	)	$	(299,467	)

Amounts reclassified from Accumulated other comprehensive loss [Table Text Block]

The effect on Net income of amounts reclassified out of each component of Accumulated other comprehensive loss for the three and six months ended June 28, 2013 is as follows:



	Three Months Ended June 28, 2013							Six Months Ended June 28, 2013
	Amounts Reclassified From Other Comprehensive Loss		Tax Benefit			Total		Amounts Reclassified From Other Comprehensive Loss		Tax Benefit			Total
	(In thousands)

Pension and other post-retirement benefit cost:
Amortization of net loss⁽¹⁾	$	2,714	$	(213	)	$	2,501	$	5,387	$	(354	)	$	5,033
Amortization of prior service cost⁽¹⁾	62		—			62		124		—			124
	$	2,776	$	(213	)	$	2,563	$	5,511	$	(354	)	$	5,157

⁽¹⁾Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details.

Inventories, Net (Tables)

6 Months Ended

Jun. 28, 2013

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

Inventories, net consisted of the following:



	June 28, 2013			December 31, 2012
	(In thousands)
Raw materials	$	137,859		$	154,771
Work in process	98,945			99,459
Finished goods	252,074			263,211
	488,878			517,441
Less: customer progress billings	(9,839		)	(14,571		)
Less: allowance for excess, slow-moving and obsolete inventory	(11,767		)	(9,221		)
Inventories, net	$	467,272		$	493,649

Debt (Tables)

6 Months Ended

Jun. 28, 2013

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Long-term debt consisted of the following:



	June 28, 2013			December 31, 2012
	(In thousands)
Term loans	$	1,467,405		$	1,682,177
Revolving credit facilities and other	38,537			46,134
Total Debt	1,505,942			1,728,311
Less: current portion	(95,029		)	(34,799		)
Long-term debt	$	1,410,913		$	1,693,512

Accrued Liabilities (Tables)

6 Months Ended

Jun. 28, 2013

Schedule of Accrued Liabilities [Table Text Block]

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



	June 28, 2013		December 31, 2012
	(In thousands)
Accrued payroll	$	101,911	$	99,583
Advance payment from customers	61,806		61,431
Accrued taxes	61,948		34,165
Accrued asbestos-related liability	63,299		58,501
Warranty liability - current portion	31,142		35,678
Accrued restructuring liability - current portion	13,255		25,406
Accrued third-party commissions	12,638		12,320
Other	93,542		120,136
Accrued liabilities	$	439,541	$	447,220

Schedule of Product Warranty Liability [Table Text Block]

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



	Six Months Ended
	June 28, 2013			June 29, 2012
	(In thousands)
Warranty liability, beginning of period	$	40,437		$	2,987
Accrued warranty expense	9,095			8,728
Changes in estimates related to pre-existing warranties	(816		)	511
Cost of warranty service work performed	(10,611		)	(12,139		)
Acquisitions	—			44,476
Foreign exchange translation effect	(1,142		)	(1,695		)
Warranty liability, end of period	$	36,963		$	42,868

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 28, 2013
	Balance at Beginning of Period		Provisions		Payments			Foreign Currency Translation			Balance at End of Period⁽³⁾
	(In thousands)
Restructuring and other related charges:
Gas and Fluid Handling:
Termination benefits⁽¹⁾	$	3,060	$	1,465	$	(3,958	)	$	(66	)	$	501
Facility closure costs⁽²⁾	1,177		1		(282		)	(15		)	881
Other related charges	—		—		—			—			—
	4,237		1,466		(4,240		)	(81		)	1,382
Fabrication Technology:
Termination benefits⁽¹⁾	14,637		5,201		(9,858		)	(103		)	$	9,877
Facility closure costs⁽²⁾	6,925		1,096		(5,622		)	(6		)	2,393
Other related charges	33		928		(914		)	(45		)	2
	21,595		7,225		(16,394		)	(154		)	12,272
Corporate and Other:
Termination benefits⁽¹⁾	—		—		—			—			—
Facility closure costs⁽²⁾	1,522		—		(118		)	(100		)	1,304
Other related charges	—		—		—			—			—
	1,522		—		(118		)	(100		)	1,304
	$	27,354	$	8,691	$	(20,752	)	$	(335	)	$	14,958

⁽¹⁾Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary

termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits

are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.

⁽²⁾Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.

⁽³⁾As of June 28, 2013, $13.3 million and $1.7 million of the Company’s restructuring liability was included in Accrued liabilities and Other

liabilities, respectively.

Net Periodic Benefit Cost-Defined Benefit Plans (Tables)

6 Months Ended

Jun. 28, 2013

Compensation and Retirement Disclosure [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

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



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Pension Benefits-U.S. Plans:
Service cost	$	—		$	—		$	—		$	—
Interest cost	4,450			4,660			8,774			9,345
Expected return on plan assets	(6,228		)	(6,012		)	(12,419		)	(12,043		)
Amortization	1,963			1,854			3,927			3,600
Net periodic benefit cost	$	185		$	502		$	282		$	902

Pension Benefits-Non U.S. Plans:
Service cost	$	862		$	728		$	1,822		$	1,560
Interest cost	11,498			8,147			22,204			16,101
Expected return on plan assets	(8,669		)	(4,732		)	(16,490		)	(9,490		)
Amortization	636			190			1,231			380
Net periodic benefit cost	$	4,327		$	4,333		$	8,767		$	8,551

Other Post-Retirement Benefits:
Service cost	$	28		$	63		$	135		$	102
Interest cost	285			313			457			639
Amortization	177			233			353			466
Net periodic benefit cost	$	490		$	609		$	945		$	1,207

Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Jun. 28, 2013

Financial Instruments and Fair Value Measurements [Abstract]

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

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



	June 28, 2013
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	328,536	$	—	$	—	$	328,536
Foreign currency contracts related to sales - designated as hedges	—		4,126		—		4,126
Foreign currency contracts related to sales - not designated as hedges	—		1,889		—		1,889
Foreign currency contracts related to purchases - designated as hedges	—		897		—		897
Foreign currency contracts related to purchases - not designated as hedges	—		2,258		—		2,258
Deferred compensation plans	—		2,684		—		2,684
	$	328,536	$	11,854	—		$	340,390

Liabilities:
Foreign currency contracts related to sales - designated as hedges	$	—	$	4,911	$	—	$	4,911
Foreign currency contracts related to sales - not designated as hedges	—		2,619		—		2,619
Foreign currency contracts related to purchases - designated as hedges	—		762		—		762
Foreign currency contracts related to purchases - not designated as hedges	—		1,809		—		1,809
Deferred compensation plans	—		2,684		—		2,684
Liability for contingent payments	—		—		3,387		3,387
	$	—	$	12,785	$	3,387	$	16,172



	December 31, 2012
	Level One		Level Two		Level Three		Total
	(In thousands)
Assets:
Cash equivalents	$	133,878	$	—	$	—	$	133,878
Foreign currency contracts related to sales - designated as hedges	—		6,832		—		6,832
Foreign currency contracts related to sales - not designated as hedges	—		2,249		—		2,249
Foreign currency contracts related to purchases - designated as hedges	—		213		—		213
Foreign currency contracts related to purchases - not designated as hedges	—		1,077		—		1,077
Deferred compensation plans	—		2,542		—		2,542
	$	133,878	$	12,913	—		$	146,791

Liabilities:
Foreign currency contracts related to sales - designated as hedges	$	—	$	1,024	$	—	$	1,024
Foreign currency contracts related to sales - not designated as hedges	—		1,693		—		1,693
Foreign currency contracts related to purchases - designated as hedges	—		896		—		896
Foreign currency contracts related to purchases - not designated as hedges	—		1,062		—		1,062
Deferred compensation plans	—		2,542		—		2,542
Liability for contingent payments	—		—		6,517		6,517
	$	—	$	7,217	$	6,517	$	13,734

Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]

Foreign Currency Contracts. As of June 28, 2013 and December 31, 2012, the Company had foreign currency contracts with the following notional values:



	June 28, 2013		December 31, 2012
	(In thousands)
Foreign currency contracts sold - not designated as hedges	$	236,186	$	301,185
Foreign currency contracts sold - designated as hedges	204,397		238,537
Foreign currency contracts purchased - not designated as hedges	188,545		121,741
Foreign currency contracts purchased - designated as hedges	56,238		37,065
Total foreign currency derivatives	$	685,366	$	698,528

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

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



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Contracts Designated as Hedges:
Interest Rate Swap:
Realized loss	$	—		$	—		$	—		$	(471	)
Foreign Currency Contracts - related to customer sales contracts:
Unrealized gain (loss)	407			(3,557		)	(590		)	(2,248		)
Realized gain (loss)	386			75			(3,471		)	(680		)
Foreign Currency Contracts - related to supplier purchase contracts:
Unrealized loss	(110		)	(243		)	(1,053		)	(849		)
Realized (loss) gain	(160		)	325			1,501			235
Unrealized gain (loss) on net investment hedges	1,567			9,875			7,263			(4		)
Contracts Not Designated in a Hedge Relationship:
Foreign Currency Contracts - acquisition-related:
Realized loss	—			—			—			(7,177		)
Foreign Currency Contracts - related to customer sales contracts:
Unrealized loss	(1,733		)	(4,856		)	(489		)	(1,620		)
Realized gain (loss)	440			(67		)	(1,972		)	910
Foreign Currency Contracts - related to supplier purchases contracts:
Unrealized gain	1,777			2,719			867			226
Realized (loss) gain	(1,028		)	(151		)	506			(34		)

Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]

A summary of activity in the Company’s liability for contingent payments during the six months ended June 28, 2013 is as follows:



	(In thousands)
Balance at January 1, 2013	$	6,517
Interest accretion	370
Cash payment	(3,500		)
Balance at June 28, 2013	$	3,387

- Definition

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.

+ References + Details

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 28, 2013

Commitments and Contingencies Disclosure [Abstract]

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

Claims activity since December 31 related to asbestos claims is as follows⁽¹⁾:



	Six Months Ended
	June 28, 2013		June 29, 2012
	(Number of claims)
Claims unresolved, beginning of period	23,523		25,281
Claims filed⁽²⁾	2,298		2,257
Claims resolved⁽³⁾	(3,188	)	(1,998	)
Claims unresolved, end of period	22,633		25,540

⁽¹⁾Excludes claims filed by one legal firm that have been “administratively dismissed.”

⁽²⁾Claims filed include all asbestos claims for which notification has been received or a file has been opened.

⁽³⁾ Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based

upon agreements or understandings in place with counsel for the claimants.

Schedule Of Asbestos Related Litigation [Table Text Block]

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



	June 28, 2013		December 31, 2012
	(In thousands)
Current asbestos insurance asset⁽¹⁾	$	35,192	$	35,566
Current asbestos insurance receivable⁽¹⁾	48,147		36,778
Long-term asbestos insurance asset⁽²⁾	300,021		315,363
Long-term asbestos insurance receivable⁽²⁾	14,482		7,063
Accrued asbestos liability⁽³⁾	63,299		58,501
Long-term asbestos liability⁽⁴⁾	359,763		375,493

⁽¹⁾Included in Other current assets in the Condensed Consolidated Balance Sheets.

⁽²⁾Included in Other assets in the Condensed Consolidated Balance Sheets.

⁽³⁾Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries

will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against

asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed

Consolidated Balance Sheets.

⁽⁴⁾Included in Other liabilities in the Condensed Consolidated Balance Sheets.

Segment Information (Tables)

6 Months Ended

Jun. 28, 2013

Segment Reporting [Abstract]

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

The Company’s segment results were as follows:



	Three Months Ended						Six Months Ended
	June 28, 2013			June 29, 2012			June 28, 2013			June 29, 2012
	(In thousands)
Net sales:
Gas and fluid handling	$	516,763		$	496,495		$	941,868		$	921,826
Fabrication technology	557,355			549,158			1,079,393			1,010,193
	$	1,074,118		$	1,045,653		$	2,021,261		$	1,932,019
Segment operating income (loss)⁽¹⁾:
Gas and fluid handling	$	69,440		$	45,112		$	111,928		$	64,921
Fabrication technology	59,427			45,411			103,895			62,407
Corporate and other	(12,738		)	(11,659		)	(23,153		)	(63,952		)
	$	116,129		$	78,864		$	192,670		$	63,376

⁽¹⁾The following is a reconciliation of Income (loss) before income taxes to segment operating income:



	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
	(In thousands)
Income (loss) before income taxes	$	93,598	$	34,565	$	142,636	$	(8,548	)
Interest expense	18,054		25,741		41,343		44,723
Restructuring and other related charges	4,477		18,558		8,691		27,201
Segment operating income	$	116,129	$	78,864	$	192,670	$	63,376

Revenue from External Customers by Products and Services [Table Text Block]

The detail of the Company’s Net sales by product type is as follows:



	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
	(In thousands)
Gas handling	$	352,084	$	322,566	$	627,531	$	586,162
Fluid handling	164,679		173,929		314,337		335,664
Welding and cutting	557,355		549,158		1,079,393		1,010,193
Total Net sales	$	1,074,118	$	1,045,653	$	2,021,261	$	1,932,019

- Definition

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.

+ References + Details

General (Details Textual) $ in Millions	3 Months Ended	6 Months Ended
General (Details Textual) $ in Millions	Mar. 29, 2013 USD ($)	Jun. 28, 2013 VEF ( )	Jun. 28, 2013 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Foregin Currency Exchange Rate Bolivar Fuerte \|		6.3
Amount Recognized in Income Due to Inflationary Accounting	$ 2.9
Devaluation Of Foreign Currency		32.00%
Net Monetary Assets Of Subsidiary			$ 5.9

Acquisition (Details Textual) - Charter International Plc [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 29, 2013	Jan. 13, 2012
Business Acquisitions [Line Items]
Equity Method Investment Ownership Value		$ 2,600.0
Business Acquisition, Cost of Acquired Entity, Cash Paid		1,900.0
Business Acquisition, Cost of Acquired Entity, Other Noncash Consideration		$ 700.0
Business Acquisition Acquired Entity Retrospective Adjustments	$ 23.5

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

3 Months Ended

6 Months Ended

Jun. 28, 2013

Jun. 29, 2012

Jun. 28, 2013

Jun. 29, 2012

Earnings Per Share [Abstract]

Net income (loss) available to Colfax Corporation common shareholders

$ 53,306

$ 7,293

$ 75,859

$ (102,039)

Less: net income attributable to participating securities

^[1]

(845)

(931)

(3,740)

Net income (loss) - basic

$ 52,461

$ 6,362

$ 72,119

$ (102,039)

Weighted-average shares of Common stock outstanding-basic

98,219,835

93,953,620

96,257,214

87,973,900

Net income (loss) per share- basic

$ 0.53

$ 0.07

$ 0.75

$ (1.16)

Less: net income attributable to participating securities

^[1],[2]

$ 0

$ (931)

$ (3,740)

$ 0

Add: dividends on preferred stock

^[2]

5,086

Net income (loss) - diluted

$ 58,392

$ 6,362

$ 72,119

$ (102,039)

Net effect of potentially dilutive securities - stock options and restricted stock units

1,129,832

779,544

1,027,823

Net effect of potentially dilutive securities - convertible preferred stock

12,173,291

Weighted-average shares of Common stock outstanding-diluted

111,522,958

94,733,164

97,285,037

87,973,900

Net income (loss) per share- diluted

$ 0.52

$ 0.07

$ 0.74

$ (1.16)

[1]	Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.
[2]	For periods subsequent to April 23, 2013, Net income (loss) per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the six months ended June 28, 2013, the calculation under this method was anti-dilutive.

Net Income (Loss) Per Share (Details Textual) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Preferred, Amount			12.2
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.5	1.4	0.7	2.9

- Definition

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.

+ References

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.

+ Details

Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Thousands	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Income Tax Disclosure [Abstract]
Income (loss) before income taxes	$ 93,598	$ 34,565	$ 142,636	$ (8,548)
Provision for income taxes	$ 26,398	15,933	$ 43,161	73,281
Increase (Decrease) in Income Taxes				50,300
Effective Income Tax Rate, Continuing Operations	28.20%		30.30%
Unrecognized Tax Benefits, Decreases Resulting from Prior Period Tax Positions	$ 2,300		$ 2,300
Charter acquisition-related expense	$ 0	$ 766	$ 0	$ 43,617

Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Equity (Details) - USD ($) $ in Thousands	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance			$ (146,594)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			(154,230)
Loss on long-term intra entity foreign currency transactions			(7,299)
Gain on net investment hedges			7,263
Unrealized loss on cash flow hedges			(3,764)
Other Comprehensive (Loss) Income Loss Before Reclassifications Net Of Tax			(158,030)
Amounts reclassified from Accumulated other comprehensive loss			5,157
Other comprehensive (loss) income attributable to Colfax Corporation	$ (35,023)	$ (91,248)	(152,873)	$ 26,330
Ending balance	(299,467)		(299,467)
Pension and Other Postretirement Benefit Plans Defined Benefit [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance			(247,332)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			0
Loss on long-term intra entity foreign currency transactions			0
Gain on net investment hedges			0
Unrealized loss on cash flow hedges			0
Other Comprehensive (Loss) Income Loss Before Reclassifications Net Of Tax			0
Amounts reclassified from Accumulated other comprehensive loss			5,157
Other comprehensive (loss) income attributable to Colfax Corporation			5,157
Ending balance	(242,175)		(242,175)
Accumulated Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance			104,718
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			(154,230)
Loss on long-term intra entity foreign currency transactions			(7,299)
Gain on net investment hedges			0
Unrealized loss on cash flow hedges			0
Other Comprehensive (Loss) Income Loss Before Reclassifications Net Of Tax			(161,529)
Amounts reclassified from Accumulated other comprehensive loss			0
Other comprehensive (loss) income attributable to Colfax Corporation			(161,529)
Ending balance	(56,811)		(56,811)
Unrealized Gain (Loss) on Hedging Activities [Member]
Changes in Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance			(3,980)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			0
Loss on long-term intra entity foreign currency transactions			0
Gain on net investment hedges			7,263
Unrealized loss on cash flow hedges			(3,764)
Other Comprehensive (Loss) Income Loss Before Reclassifications Net Of Tax			3,499
Amounts reclassified from Accumulated other comprehensive loss			0
Other comprehensive (loss) income attributable to Colfax Corporation			3,499
Ending balance	$ (481)		$ (481)

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

3 Months Ended

6 Months Ended

Jun. 28, 2013

Jun. 29, 2012

Jun. 28, 2013

Jun. 29, 2012

Pension and other post-retirement benefit cost:

Amounts Reclassified From Other Comprehensive Loss

$ 2,776

$ 5,511

Tax Benefit

(213)

$ 35

(354)

$ (109)

Total

2,563

$ 2,133

5,157

$ 4,158

Amortization Of Net Loss [Member]

Pension and other post-retirement benefit cost:

Amounts Reclassified From Other Comprehensive Loss

^[1]

2,714

5,387

Tax Benefit

^[1]

(213)

(354)

Total

^[1]

2,501

5,033

Amortization Of Prior Service Cost [Member]

Pension and other post-retirement benefit cost:

Amounts Reclassified From Other Comprehensive Loss

^[1]

124

Tax Benefit

^[1]

Total

^[1]

$ 62

$ 124

[1]	Included in the computation of net periodic benefit cost. See Note 10, “Net Periodic Benefit Cost - Defined Benefit Plans” for additional details

Equity Textuals (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Equity Text [Abstract]
Stock Issued During Period, Shares, New Issues			7,500
Stock Issued During Period, Value, New Issues			$ 331,900
Equity Issuance Costs			12,000
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	$ (8,586)	$ (12,271)	$ (12,498)	$ (1,330)

- Definition

Net of tax amount of other comprehensive income (loss) attributable to noncontrolling interests.

+ References

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 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 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 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.

+ Details

Inventories, Net (Details) - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Inventory Disclosure [Abstract]
Raw materials	$ 137,859	$ 154,771
Work in process	98,945	99,459
Finished goods	252,074	263,211
Inventory, Gross	488,878	517,441
Less: customer progress billings	(9,839)	(14,571)
Less: allowance for excess, slow-moving and obsolete inventory	(11,767)	(9,221)
Inventories, net	$ 467,272	$ 493,649

- Definition

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.

+ References

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

+ Details

Debt (Details) - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Debt Instrument [Line Items]
Total Debt	$ 1,505,942	$ 1,728,311
Less: current portion	(95,029)	(34,799)
Long-term debt	1,410,913	1,693,512
Term loans [Member]
Debt Instrument [Line Items]
Total Debt	1,467,405	1,682,177
Revolving credit facilities and other [Member]
Debt Instrument [Line Items]
Total Debt	$ 38,537	$ 46,134

Debt (Details Textual) € in Millions, $ in Millions	6 Months Ended
Debt (Details Textual) € in Millions, $ in Millions	Jun. 28, 2013 USD ($)	Feb. 22, 2013 EUR (€)	Feb. 22, 2013 USD ($)
Write off of Deferred Debt Issuance Cost	$ 2.6
Expenses Incurred During Refinance Of Debt	0.5
Debt discount	44.0
Deferred Finance Costs, Net	$ 16.8
Long-term Debt, Weighted Average Interest Rate	2.62%
Line of Credit Facility, Remaining Borrowing Capacity	$ 499.9
DB Letter of Credit Subfacility, Remaining Borrowing Capacity	199.9
Letters of Credit, Maximum Capacity	572.3
Letters of Credit, Amount Outstanding	$ 332.7
A One Facility [Member]
DB Credit Facility Term Loans			$ 408.7
Base Rate Loan Interest Rate Margin Percentage, Minimum		0.75%	0.75%
Base Rate Loan Interest Rate Margin Percentage, Maximum		1.50%	1.50%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		1.75%	1.75%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		2.50%	2.50%
A Two Facility [Member]
DB Credit Facility Term Loans			$ 380.0
Base Rate Loan Interest Rate Margin Percentage, Minimum		0.75%	0.75%
Base Rate Loan Interest Rate Margin Percentage, Maximum		1.50%	1.50%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		1.75%	1.75%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		2.50%	2.50%
A Three Facility [Member]
DB Credit Facility Term Loans \| €		€ 157.6
Base Rate Loan Interest Rate Margin Percentage, Minimum		1.50%	1.50%
Base Rate Loan Interest Rate Margin Percentage, Maximum		2.25%	2.25%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		2.50%	2.50%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		3.25%	3.25%
A Four Facility [Member]
DB Credit Facility Term Loans \| €		€ 105.3
Base Rate Loan Interest Rate Margin Percentage, Minimum		1.50%	1.50%
Base Rate Loan Interest Rate Margin Percentage, Maximum		2.25%	2.25%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		2.50%	2.50%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		3.25%	3.25%
B Facility [Member]
DB Credit Facility Term Loans			$ 400.0
Base Rate Loan Interest Rate Margin Percentage, Minimum		1.50%	1.50%
Base Rate Loan Interest Rate Margin Percentage, Maximum		1.50%	1.50%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		2.50%	2.50%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		2.50%	2.50%
Two Revolving Credit Facility [Member]
Base Rate Loan Interest Rate Margin Percentage, Minimum		0.75%	0.75%
Base Rate Loan Interest Rate Margin Percentage, Maximum		1.50%	1.50%
Eurocurrency Rate Loan Interest Rate Margin Percentage, Minimum		1.75%	1.75%
Eurocurrency Rate Interest Rate Loan Margin Percentage, Maximum		2.50%	2.50%
Line of Credit Facility, Maximum Borrowing Capacity			$ 500.0

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Accrued Liabilities [Abstract]
Accrued payroll	$ 101,911	$ 99,583
Advance payment from customers	61,806	61,431
Accrued taxes	61,948	34,165
Accrued asbestos-related liability	63,299	58,501
Warranty liability - current portion	31,142	35,678
Accrued restructuring liability - current portion	13,255	25,406
Accrued third-party commissions	12,638	12,320
Other	93,542	120,136
Accrued liabilities	$ 439,541	$ 447,220

Accrued Liabilities (Details 1) - USD ($) $ in Thousands	6 Months Ended
Accrued Liabilities (Details 1) - USD ($) $ in Thousands	Jun. 28, 2013	Jun. 29, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty liability, beginning of period	$ 40,437	$ 2,987
Accrued warranty expense	9,095	8,728
Changes in estimates related to pre-existing warranties	(816)	511
Cost of warranty service work performed	(10,611)	(12,139)
Acquisitions	0	44,476
Foreign exchange translation effect	(1,142)	(1,695)
Warranty liability, end of period	$ 36,963	$ 42,868

Accrued Liabilities (Details 2)
$ in Thousands

6 Months Ended

Jun. 28, 2013

USD ($)

Balance at Beginning of Period

$ 27,354

Provisions

8,691

Payments

(20,752)

Foreign Currency Translation

(335)

Balance at End of Period

14,958

^[1]

Gas and Fluid Handling [Member]

Balance at Beginning of Period

4,237

Provisions

1,466

Payments

(4,240)

Foreign Currency Translation

(81)

Balance at End of Period

1,382

^[1]

Fabrication Technology [Member]

Balance at Beginning of Period

21,595

Provisions

7,225

Payments

(16,394)

Foreign Currency Translation

(154)

Balance at End of Period

12,272

^[1]

Corporate and Other [Member]

Balance at Beginning of Period

1,522

Provisions

Payments

(118)

Foreign Currency Translation

(100)

Balance at End of Period

1,304

^[1]

Employee Severance [Member] | Gas and Fluid Handling [Member]

Balance at Beginning of Period

3,060

^[2]

Provisions

1,465

^[2]

Payments

(3,958)

^[2]

Foreign Currency Translation

(66)

^[2]

Balance at End of Period

501

^[1],[2]

Employee Severance [Member] | Fabrication Technology [Member]

Balance at Beginning of Period

14,637

^[2]

Provisions

5,201

^[2]

Payments

(9,858)

^[2]

Foreign Currency Translation

(103)

^[2]

Balance at End of Period

9,877

^[1],[2]

Employee Severance [Member] | Corporate and Other [Member]

Balance at Beginning of Period

^[2]

Provisions

^[2]

Payments

^[2]

Foreign Currency Translation

^[2]

Balance at End of Period

^[1],[2]

Facility Closing [Member] | Gas and Fluid Handling [Member]

Balance at Beginning of Period

1,177

^[3]

Provisions

^[3]

Payments

(282)

^[3]

Foreign Currency Translation

(15)

^[3]

Balance at End of Period

881

^[1],[3]

Facility Closing [Member] | Fabrication Technology [Member]

Balance at Beginning of Period

6,925

^[3]

Provisions

1,096

^[3]

Payments

(5,622)

^[3]

Foreign Currency Translation

(6)

^[3]

Balance at End of Period

2,393

^[1],[3]

Facility Closing [Member] | Corporate and Other [Member]

Balance at Beginning of Period

1,522

^[3]

Provisions

^[3]

Payments

(118)

^[3]

Foreign Currency Translation

(100)

^[3]

Balance at End of Period

1,304

^[1],[3]

Other Restructuring [Member] | Gas and Fluid Handling [Member]

Balance at Beginning of Period

Provisions

Payments

Foreign Currency Translation

Balance at End of Period

^[1]

Other Restructuring [Member] | Fabrication Technology [Member]

Balance at Beginning of Period

Provisions

928

Payments

(914)

Foreign Currency Translation

(45)

Balance at End of Period

^[1]

Other Restructuring [Member] | Corporate and Other [Member]

Balance at Beginning of Period

Provisions

Payments

Foreign Currency Translation

Balance at End of Period

$ 0

^[1]

[1]	As of June 28, 2013, $13.3 million and $1.7 million of the Company’s restructuring liability was included in Accrued liabilities and Other liabilities, respectively.
[2]	Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.
[3]	Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.

Accrued Liabilities (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Jun. 28, 2013	Dec. 31, 2012
Accrued Liabilities [Abstract]
Restructuring and Related Cost, Expected Cost	$ 20,000
Restructuring Reserve, Current	13,255	$ 25,406
Restructuring Reserve, Noncurrent	$ 1,700

- Definition

Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset.

+ References + Details

- Definition

Carrying amount as of the balance sheet date of known and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid after one year or beyond the next operating cycle, if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset.

+ References + Details

Net Periodic Benefit Cost-Defined Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Pension Benefits-U.S. Plans: [Member]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	4,450	4,660	8,774	9,345
Expected return on plan assets	(6,228)	(6,012)	(12,419)	(12,043)
Amortization	1,963	1,854	3,927	3,600
Net periodic benefit cost	185	502	282	902
Pension Benefits-Non U.S. Plans: [Member]
Service cost	862	728	1,822	1,560
Interest cost	11,498	8,147	22,204	16,101
Expected return on plan assets	(8,669)	(4,732)	(16,490)	(9,490)
Amortization	636	190	1,231	380
Net periodic benefit cost	4,327	4,333	8,767	8,551
Other Post-Retirement Benefits: [Member]
Service cost	28	63	135	102
Interest cost	285	313	457	639
Amortization	177	233	353	466
Net periodic benefit cost	$ 490	$ 609	$ 945	$ 1,207

- Definition

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.

+ References

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.

+ Details

- Definition

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.

+ References + Details

- Definition

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.

+ References

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.

+ Details

Financial Instruments and Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Cash and Cash Equivalents, Fair Value Disclosure	$ 328,536	$ 133,878
Deferred Compensation Plan Assets	2,684	2,542
Deferred Compensation Liability, Current and Noncurrent	2,684	2,542
Liability for contingent payments	3,387	6,517
Assets, Fair Value Disclosure	340,390	146,791
Liabilities, Fair Value Disclosure	16,172	13,734
Fair Value, Inputs, Level 1 [Member]
Cash and Cash Equivalents, Fair Value Disclosure	328,536	133,878
Assets, Fair Value Disclosure	328,536	133,878
Liabilities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Deferred Compensation Plan Assets	2,684	2,542
Deferred Compensation Liability, Current and Noncurrent	2,684	2,542
Assets, Fair Value Disclosure	11,854	12,913
Liabilities, Fair Value Disclosure	12,785	7,217
Fair Value, Inputs, Level 3 [Member]
Liability for contingent payments	3,387	6,517
Assets, Fair Value Disclosure	0	0
Liabilities, Fair Value Disclosure	3,387	6,517
Foreign currency contracts related to sales
Derivative Instruments in Hedges, Assets, at Fair Value	4,126	6,832
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	1,889	2,249
Derivative Instruments in Hedges, Liabilities, at Fair Value	4,911	1,024
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	2,619	1,693
Foreign currency contracts related to sales \| Fair Value, Inputs, Level 2 [Member]
Derivative Instruments in Hedges, Assets, at Fair Value	4,126	6,832
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	1,889	2,249
Derivative Instruments in Hedges, Liabilities, at Fair Value	4,911	1,024
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	2,619	1,693
Foreign currency contracts related to purchases
Derivative Instruments in Hedges, Assets, at Fair Value	897	213
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	2,258	1,077
Derivative Instruments in Hedges, Liabilities, at Fair Value	762	896
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	1,809	1,062
Foreign currency contracts related to purchases \| Fair Value, Inputs, Level 2 [Member]
Derivative Instruments in Hedges, Assets, at Fair Value	897	213
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value	2,258	1,077
Derivative Instruments in Hedges, Liabilities, at Fair Value	762	896
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	$ 1,809	$ 1,062

Financial Instruments and Fair Value Measurements (Details 1) - USD ($) $ in Thousands	Jun. 28, 2013	Dec. 31, 2012
Total foreign currency derivatives	$ 685,366	$ 698,528
Not Designated As Hedging Instrument [Member]
Foreign currency contracts sold	236,186	301,185
Foreign currency contracts purchased	188,545	121,741
Designated As Hedging Instrument [Member]
Foreign currency contracts sold	204,397	238,537
Foreign currency contracts purchased	$ 56,238	$ 37,065

Financial Instruments and Fair Value Measurements (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012	Jun. 28, 2013	Jun. 29, 2012
Designated As Hedging Instrument [Member] \| Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ 0	$ 0	$ 0	$ (471)
Designated As Hedging Instrument [Member] \| Foreign currency contracts related to sales
Unrealized Gain (Loss) on Derivatives	407	(3,557)	(590)	(2,248)
Foreign Currency Transaction Gain (Loss), Realized	386	75	(3,471)	(680)
Designated As Hedging Instrument [Member] \| Foreign currency contracts related to purchases
Unrealized Gain (Loss) on Derivatives	(110)	(243)	(1,053)	(849)
Foreign Currency Transaction Gain (Loss), Realized	(160)	325	1,501	235
Designated As Hedging Instrument [Member] \| Net Investment Hedging [Member]
Unrealized Gain (Loss) on Derivatives	1,567	9,875	7,263	(4)
Not Designated As Hedging Instrument [Member] \| Foreign currency contracts related to sales
Unrealized Gain (Loss) on Derivatives	(1,733)	(4,856)	(489)	(1,620)
Foreign Currency Transaction Gain (Loss), Realized	440	(67)	(1,972)	910
Not Designated As Hedging Instrument [Member] \| Foreign currency contracts related to purchases
Unrealized Gain (Loss) on Derivatives	1,777	2,719	867	226
Foreign Currency Transaction Gain (Loss), Realized	(1,028)	(151)	506	(34)
Not Designated As Hedging Instrument [Member] \| Acquisition Related [Member]
Foreign Currency Transaction Gain (Loss), Realized	$ 0	$ 0	$ 0	$ (7,177)

Financial Instruments and Fair Value Measurements (Details 3) - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2013	Jun. 29, 2012
Liability for contingent payments, Beginning balance	$ 6,517
Interest Accretion	370
Cash payment	(3,500)	$ 0
Liability for contingent payments, Ending balance	$ 3,387

Financial Instruments and Fair Value Measurements (Details Textual) - USD ($) $ in Billions	Jun. 28, 2013	Dec. 31, 2012
Financial Instruments and Fair Value Measurements [Abstract]
Long-term Debt, Fair Value	$ 1.5	$ 1.7

Commitments and Contingencies (Details) - Asbestos_claims

6 Months Ended

Jun. 28, 2013

Jun. 29, 2012

Claims unresolved, beginning of period

^[1]

23,523

25,281

Claims filed(2)

^[1],[2]

2,298

2,257

Claims resolved(3)

^[1],[3]

(3,188)

(1,998)

Claims unresolved, end of period

^[1]

22,633

25,540

[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. 28, 2013

Dec. 31, 2012

Current asbestos insurance asset(1)

^[1]

$ 35,192

$ 35,566

Current asbestos insurance receivable(1)

^[1]

48,147

36,778

Long-term asbestos insurance asset(2)

^[2]

300,021

315,363

Long-term asbestos insurance receivable(2)

^[2]

14,482

7,063

Accrued asbestos liability(3)

^[3]

63,299

58,501

Long-term asbestos liability(4)

^[4]

$ 359,763

$ 375,493

[1]	Included in Other current assets in the Condensed Consolidated Balance Sheets.
[2]	Included in Other assets in the Condensed Consolidated Balance Sheets.
[3]	Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed Consolidated Balance Sheets.
[4]	Included in Other liabilities in the Condensed Consolidated Balance Sheets.