Noncontrolling Interest (Tables)

3 Months Ended

Mar. 31, 2024

Noncontrolling Interest [Abstract]

Schedule of Income Attributable to Noncontrolling Interest and Noncontrolling Equity

The table below presents a reconciliation of income attributable to the noncontrolling interest and noncontrolling equity in the Company’s subsidiaries:

ASC Noncontrolling Interest	Three months ended March 31,
(in thousands, except percentages)	2024			2023
Net income of Albany Safran Composites (ASC)	$	1,014		$	2,282
Less: Return attributable to the Company's preferred holding	308			308
Net income of ASC available for common ownership	$	706		$	1,974
Ownership percentage of noncontrolling shareholder	10		%	10		%
Net income attributable to the noncontrolling interest	$	71		$	197
Noncontrolling interest, beginning of year	$	5,423		$	4,494
Net income attributable to noncontrolling interest	71			197
Changes in other comprehensive income attributable to the noncontrolling interest	57			238
ASC Noncontrolling interest, end of interim period	$	5,551		$	4,929
Arcari Noncontrolling interest, end of interim period	$	525		$	—
Total Noncontrolling interest, end of interim period	$	6,076		$	4,929