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Reportable Segments and Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2023
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 September 30,Nine months ended September 30,
(in thousands)
2023202220232022
Net revenues
Machine Clothing
$166,588 $153,389 $479,027 $459,121 
Albany Engineered Composites114,518 107,174 345,298 306,980 
Consolidated revenues$281,106 $260,563 $824,325 $766,101 
Operating income/(loss)
Machine Clothing
$50,710 $57,247 $153,400 $161,752 
Albany Engineered Composites9,374 9,958 27,460 20,688 
Corporate expenses(20,014)(13,561)(54,747)(39,327)
Consolidated Operating income$40,070 $53,644 $126,113 $143,113 
Reconciling items:
Interest income(1,826)(965)(4,770)(2,463)
Interest expense
5,479 4,759 14,819 13,799 
Pension settlement expense— 49,128 — 49,128 
Other (income)/expense, net56 (6,918)(4,910)(17,891)
Income before income taxes$36,361 $7,640 $120,974 $100,540 
Schedule of Disaggregation of Revenue For Each Product Group by Timing of Revenue Recognition
The following table disaggregates revenue for each product group by timing of revenue recognition for the three months ended September 30, 2023:
Three months ended September 30, 2023
(in thousands)
Point in Time Revenue
Recognition
Over Time Revenue
Recognition
Total
Machine Clothing$165,643 $945 $166,588 
Albany Engineered Composites:
   ASC— 46,654 46,654 
   Other AEC4,955 62,909 67,864 
Total Albany Engineered Composites
4,955 109,563 114,518 
                                         
Total revenues$170,598 $110,508 $281,106 
The following table disaggregates revenue for each product group by timing of revenue recognition for the three months ended September 30, 2022:
Three months ended September 30, 2022
(in thousands)
Point in Time Revenue
Recognition
Over Time Revenue
Recognition
Total
Machine Clothing$152,490 $899 $153,389 
Albany Engineered Composites:
   ASC— 41,463 41,463 
   Other AEC5,819 59,892 65,711 
Total Albany Engineered Composites
5,819 101,355 107,174 
Total revenues$158,309 $102,254 $260,563 
The following table disaggregates revenue for each product group by timing of revenue recognition for the nine months ended September 30, 2023:
Nine months ended September 30, 2023
(in thousands)
Point in Time Revenue
Recognition		Over Time Revenue
Recognition		Total
Machine Clothing$476,194 $2,833 $479,027 
Albany Engineered Composites:
   ASC— 138,603 138,603 
   Other AEC14,259 192,436 206,695 
Total Albany Engineered Composites14,259 331,039 345,298 
Total revenues$490,453 $333,872 $824,325 
The following table disaggregates revenue for each product group by timing of revenue recognition for the nine months ended September 30, 2022:
Nine months ended September 30, 2022
(in thousands)Point in Time Revenue
Recognition		Over Time Revenue
Recognition		Total
Machine Clothing$456,423 $2,698 $459,121 
Albany Engineered Composites:
   ASC— 122,836 122,836 
   Other AEC14,750 169,394 184,144 
Total Albany Engineered Composites14,750 292,230 306,980 
Total revenues$471,173 $294,928 $766,101 
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 September 30,Nine months ended September 30,
(in thousands)
2023202220232022
Americas PMC$84,405 $83,124 $261,937 $240,173 
Eurasia PMC
64,493 49,828 164,771 157,751 
Engineered Fabrics17,690 20,437 52,319 61,197 
Total Machine Clothing Net revenues$166,588 $153,389 $479,027 $459,121