Lincoln Electric Holdings Inc (LECO) reported a return on invested capital (ROIC) of 21.5%, placing it in the top quartile. The company generated record cash flows with a 130% cash conversion ratio and returned $150 million to shareholders through increased dividends and share repurchases. KLA Corporation (KLAC) beat expectations in its third-quarter earnings report, with adjusted earnings per share (EPS) of $8.41 surpassing the $8.08 estimate and sales reaching $3.06 billion, above the $3.01 billion estimate. For the fourth quarter, KLA projects adjusted EPS between $7.75 and $9.31, compared to a consensus estimate of $7.98, and sales ranging from $2.925 billion to $3.225 billion versus an estimate of $3.00 billion. Additionally, KLA's GAAP diluted EPS was $8.16, and non-GAAP diluted EPS was $8.41, both exceeding guidance midpoints. The company also reported cash flow from operations as part of its earnings release.