Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2014

Reportable Segments [Abstract]

Schedule of Financial Data by Reporting 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)	2014			2013			2014			2013
Net sales
Machine Clothing	$	157,891		$	162,864		$	494,788		$	507,809
Albany Engineered Composites		21,970			20,283			58,898			59,966
Consolidated total	$	179,861		$	183,147		$	553,686		$	567,775
Operating income
Machine Clothing	$	33,308		$	27,910		$	103,329		$	80,287
Albany Engineered Composites		(2,765	)		(3,951	)		(9,785	)		(13,032	)
Corporate expenses		(11,385	)		(10,704	)		(34,808	)		(34,995	)
Operating income before reconciling items		19,158			13,255			58,736			32,260
Reconciling items:
Interest income		(527	)		(351	)		(1,079	)		(951	)
Interest expense		3,013			3,835			9,200			12,007
Other expense/ (income), net		(1,864	)		2,692			(4,464	)		5,637
Income before income taxes	$	18,536		$	7,079		$	55,079		$	15,567

Schedule of Restructuring Costs by Reporting Segment

The table below presents restructuring costs by reportable segment (also see Note 5):

	Three months ended September 30,					Nine months ended September 30,
(in thousands)	2014			2013		2014		2013
Restructuring expense
Machine Clothing	$	968		$	2,250	$	3,127	$	26,673
Albany Engineered Composites		(49	)		6		931		540
Consolidated total	$	919		$	2,256	$	4,058	$	27,213