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Reportable Segments and Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2024
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)
2024202320242023
Net revenues
Machine Clothing
$183,033 $166,588 $561,828 $479,027 
Albany Engineered Composites115,353 114,518 381,882 345,298 
Consolidated revenues$298,386 $281,106 $943,710 $824,325 
Operating income/(loss)
Machine Clothing
$51,481 $50,710 $153,276 $153,400 
Albany Engineered Composites(10,293)9,374 8,329 27,460 
Corporate expenses(16,017)(20,014)(54,552)(54,747)
Consolidated Operating income$25,171 $40,070 $107,053 $126,113 
Reconciling items:
Interest income(1,019)(1,826)(3,101)(4,770)
Interest expense
3,430 5,479 11,781 14,819 
Other (income)/expense, net3,257 56 5,932 (4,910)
Income before income taxes$19,503 $36,361 $92,441 $120,974 
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, 2024:

Three months ended September 30, 2024
(in thousands)
Point in Time Revenue
Recognition
Over Time Revenue
Recognition
Total
Machine Clothing$182,050 $983 $183,033 
Albany Engineered Composites:
   ASC— 40,115 40,115 
   Other AEC4,142 71,096 75,238 
Total Albany Engineered Composites
4,142 111,211 115,353 
                                         
Total revenues$186,192 $112,194 $298,386 

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 nine months ended September 30, 2024:
Nine months ended September 30, 2024
(in thousands)
Point in Time Revenue
Recognition		Over Time Revenue
Recognition		Total
Machine Clothing$558,881 $2,947 $561,828 
Albany Engineered Composites:
   ASC— 140,146 140,146 
   Other AEC15,908 225,828 241,736 
Total Albany Engineered Composites15,908 365,974 381,882 
Total revenues$574,789 $368,921 $943,710 
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 
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)
2024202320242023
Americas PMC$86,408 $84,405 $258,442 $261,937 
Eurasia PMC
70,083 64,493 224,792 164,771 
Engineered Fabrics26,542 17,690 78,594 52,319 
Total Machine Clothing Net revenues$183,033 $166,588 $561,828 $479,027