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Restructuring (Tables)
3 Months Ended
Mar. 31, 2014
Restructuring [Abstract]  
Schedule of Restructuring Charges

The following table summarizes charges reported in the Statements of Income under "Restructuring and other":

     
  Three months ended
March 31,
(in thousands) 2014 2013
 Machine Clothing  $862 $193
 Albany Engineered Composites                 320         443
 Total   $1,182 $636

 

         
Three months ended March 31, 2014 Total restructuring costs incurred    Termination and other costs   Impairment of plant and equipment  Benefit plan curtailment/ settlement  
(in thousands)
 Machine Clothing     $862  $1,355  $-  ($493)
 Albany Engineered Composites                     320                  320                       -                     -   
 Total   $1,182 $1,675  $- ($493)

 

         
Three months ended March 31, 2013 Total restructuring costs incurred    Termination and other costs   Impairment of plant and equipment  Benefit plan curtailment/ settlement  
(in thousands)
 Machine Clothing    $193  $193  $-  $-
 Albany Engineered Composites                    443                  353                    90                       -
 Total   $636 $546 $90  $-
Schedule of Restructuring Liability
           
  December 31, Restructuring   Currency March 31,
(in thousands) 2013 charges accrued Payments translation/other 2014
           
Termination costs $9,656 $1,182 ($4,633) $481 $6,686
           
Total $9,656 $1,182 ($4,633) $481 $6,686

 

We expect that substantially all accruals for restructuring liabilities will be paid within one year. The table below presents year-to-date changes in restructuring liabilities for 2014 and 2013 all of which related to termination costs:

           
  December 31, Restructuring   Currency March 31,
(in thousands) 2012 charges accrued Payments translation/other 2013
           
Termination costs $4,947 $636 ($1,716) $71 $3,938
           
Total $4,947 $636 ($1,716) $71 $3,938