Restructuring (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:

	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2020		2019		2020		2019
Machine Clothing	$	384	$	(211)	$	1,414	$	1,125
Albany Engineered Composites	358		(33)		2,606		18
Corporate expenses	(32)		—		169		(4)
Total	$	710	$	(244)	$	4,189	$	1,139

Nine Months Ended September 30, 2020	Total restructuring costs incurred		Termination and other costs		Impairment of assets
(in thousands)
Machine Clothing	$	1,414	$	1,414	$	—
Albany Engineered Composites	2,606		2,606		—
Corporate expenses	169		169		—
Total	$	4,189	$	4,189	$	—

Nine Months Ended September 30, 2019	Total restructuring costs incurred		Termination and other costs		Impairment of assets
(in thousands)
Machine Clothing	$	1,125	$	1,081	$	44
Albany Engineered Composites	18		18		—
Corporate expenses	(4)		(4)		—
Total	$	1,139	$	1,095	$	44

Schedule of Restructuring Reserve by Type of Cost

We expect that approximately $2.8 million of Accrued liabilities for restructuring at September 30, 2020 will be paid within one year and approximately $0.3 million will be paid the following year. The table below presents the year-to-date changes in restructuring liabilities for 2020 and 2019, all of which are related to termination costs:

(in thousands)	December 31, 2019		Restructuring charges accrued		Payments		Currency translation /other		September 30, 2020
Total termination and other costs	$	2,042	$	4,189	$	(3,186)	$	46	$	3,091

(in thousands)	December 31, 2018		Restructuring charges accrued		Payments		Currency translation /other		September 30, 2019
Total termination and other costs	$	5,570	$	1,095	$	(4,195)	$	(360)	$	2,110