XML 39 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Restructuring (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six months ended June 30,
(in thousands)2021202020212020
Machine Clothing$10 $388 $(58)$1,030 
Albany Engineered Composites(48)2,248 41 2,248 
Corporate expenses29 201 60 201 
Total$(9)$2,837 $43 $3,479 
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
June 30,
2021
Total termination and other costs$2,195 $43 $(1,485)$11 $764 
(in thousands)
December 31,
2019
Restructuring
charges accrued
Payments
Currency
translation /other
June 30,
2020
Total termination and other costs$2,042 $3,479 $(1,410)$(5)$4,106