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Reportable Segments and Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables show data by reportable segment, reconciled to consolidated totals included in the financial statements:
Three months ended March 31,
(in thousands)
20212020
Net sales
Machine Clothing
$148,206 $136,602 
Albany Engineered Composites74,156 99,162 
Consolidated total
$222,362 $235,764 
Operating income/(loss)
Machine Clothing
$50,363 $47,175 
Albany Engineered Composites2,938 7,623 
Corporate expenses
(11,483)(15,204)
Operating income$41,818 $39,594 
Reconciling items:
Interest income(529)(447)
Interest expense
4,098 4,424 
Other expense/(income), net600 15,569 
Income before income taxes
$37,649 $20,048 
Schedule of Restructuring Costs by Reporting Segment
The table below presents restructuring costs by reportable segment (also see Note 4):
Three months ended March 31,
(in thousands)20212020
Machine Clothing$(69)$642 
Albany Engineered Composites89 — 
Corporate expenses32 — 
Total$52 $642 
Disaggregation of Revenue
The following table disaggregates revenue for each product group by timing of revenue recognition:
Three months ended March 31, 2021
(in thousands)
Point in Time Revenue
Recognition
Over Time Revenue
Recognition
Total
Machine Clothing$147,341 $865 $148,206 
Albany Engineered Composites
ASC
— 27,084 27,084 
Other AEC3,880 43,192 47,072 
Total Albany Engineered Composites
3,880 70,276 74,156 
                                         
Total revenue$151,221 $71,141 $222,362 
Three months ended March 31, 2020
(in thousands)
Point in Time Revenue
Recognition
Over Time Revenue
Recognition
Total
Machine Clothing$135,754 $848 $136,602 
Albany Engineered Composites
ASC
— 37,894 37,894 
Other AEC6,320 54,948 61,268 
Total Albany Engineered Composites
6,320 92,842 99,162 
Total revenue
$142,074 $93,690 $235,764 
Schedule of Disaggregate MC Segment Revenue by Significant Product or Service
The following table disaggregates MC segment revenue by significant product groupings (paper machine clothing (PMC) and engineered fabrics), and, for PMC, the geographical region to which the paper machine clothing was sold:
Three months ended March 31,
(in thousands)
20212020
Americas PMC$73,302 $73,677 
Eurasia PMC
55,143 45,131 
Engineered Fabrics19,761 17,794 
Total Machine Clothing Net sales
$148,206 $136,602