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Restructuring
3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
Restructuring costs in the first quarter of 2024 were related to reductions in workforce at various AEC locations, while restructuring charges for the first quarter of 2023 were not significant. There were no charges related to the impairment of assets for the periods presented.
The following table summarizes charges reported in the Consolidated Statements of Income under "Restructuring expenses, net":
Three months ended March 31,
(in thousands)20242023
Machine Clothing$21 $20 
Albany Engineered Composites2,188 — 
Total$2,209 $20 
The table below presents the year-to-date changes in restructuring liabilities for 2024 and 2023, all of which are related to termination and other costs:
(in thousands)December 31, 2023Restructuring
charges accrued
PaymentsCurrency
translation /other
March 31, 2024
Total termination and other costs$ $2,209 $(221)$(1)$1,987 
(in thousands)December 31, 2022Restructuring
charges accrued
PaymentsCurrency
translation /other
March 31, 2023
Total termination and other costs$ $20 $(20)$ $