Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Summary of Composition of Each Business Segment

The following table provides a summary of the composition of each business segment:

Segment

Reporting Unit

Principal Product or Service

Principal Locations

Machine Clothing (MC)

Machine Clothing

Paper machine clothing: Permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, and pulp
Engineered fabrics: Belts used in the manufacture of nonwovens, fiber cement and several other industrial applications

World-wide

Albany Engineered Composites (AEC)

Albany Safran Composites (ASC)

Airframe and engine Components (Other AEC)

3D-woven, injected composite components for aircraft engines
Composite airframe and engine components for military and commercial aircraft

Rochester, NH Commercy, France Queretaro, Mexico
Salt Lake City, UT Boerne, TX Queretaro, Mexico Kaiserslautern, Germany

Schedule of Disaggregate Revenue for Each Business Segment

The following table presents disaggregated revenue for each product group by timing of revenue recognition:


	For the year ended December 31, 2022
(in thousands)	Point in Time Revenue Recognition		Over Time Revenue Recognition		Total
Machine Clothing	$	605,863	$	3,598	$	609,461
Albany Engineered Composites
ASC	—		165,775		165,775
Other AEC	19,167		240,484		259,651
Total Albany Engineered Composites	19,167		406,259		425,426
Total revenue	$	625,030	$	409,857	$	1,034,887

	For the year ended December 31, 2021
(in thousands)	Point in Time Revenue Recognition		Over Time Revenue Recognition		Total
Machine Clothing	$	615,556	$	3,459	$	619,015
Albany Engineered Composites
ASC	—		109,803		109,803
Other AEC	15,972		184,450		200,422
Total Albany Engineered Composites	15,972		294,253		310,225
Total revenue	$	631,528	$	297,712	$	929,240

	For the year ended December 31, 2020
(in thousands)	Point in Time Revenue Recognition		Over Time Revenue Recognition		Total
Machine Clothing	$	569,563	$	3,392	$	572,955
Albany Engineered Composites
ASC	—		98,411		98,411
Other AEC	18,343		210,901		229,244
Total Albany Engineered Composites	18,343		309,312		327,655
Total revenue	$	587,906	$	312,704	$	900,610

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:


	For the year ended December 31,
(in thousands)	2022		2021		2020
Americas PMC	$	321,170	$	317,907	$	297,490
Eurasia PMC	207,115		219,506		202,181
Engineered Fabrics	81,176		81,602		73,284
Total Machine Clothing Net sales	$	609,461	$	619,015	$	572,955