XML 39 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Restructuring (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31,
(in thousands)20212020
Machine Clothing$(69)$642 
Albany Engineered Composites89 — 
Corporate expenses32 — 
Total$52 $642 
Schedule of Restructuring Reserve by Type of Cost
The table below presents the year-to-date changes in restructuring liabilities for 2021 and 2020, all of which are related to termination and other costs:
(in thousands)
December 31,
2020
Restructuring
charges accrued
Payments
Currency
translation /other
March 31,
2021
Total termination and other costs$2,195 $52 $(1,216)$(15)$1,016 
(in thousands)
December 31,
2019
Restructuring
charges accrued
Payments
Currency
translation /other
March 31,
2019
Total termination and other costs$2,042 $642 $(731)$(92)$1,861