Restructuring (Tables)

9 Months Ended

Sep. 30, 2014

Restructuring [Abstract]

Schedule of Restructuring Charges

Thefollowing table summarizes charges reported in the Statements of Income under “Restructuring and other, net”:

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

Nine months ended September 30, 2014(in thousands)	Totalrestructuringcosts incurred		Termination andother costs		Impairment ofplant andequipment		Benefit plancurtailment/settlement
Machine Clothing	$	3,127	$	3,837	$	-	$	(710	)
Albany Engineered Composites		931		320		611		-
Total	$	4,058	$	4,157	$	611	$	(710	)

Nine months ended September 30, 2013 (in thousands)	Total restructuring costs incurred		Termination and other costs		Impairment of plant and equipment		Benefit plan curtailment/ settlement
Machine Clothing	$	26,673	$	26,837	$	-	$	(164	)
Albany Engineered Composites		540		452		88		-
Total	$	27,213	$	27,289	$	88	$	(164	)

Schedule of Restructuring Liability

We expect that substantially all Accrued liabilities for restructuring 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			September 30,
(in thousands)	2013		charges accrued		Payments			translation/other			2014
Total Termination costs	$	9,656	$	4,148	$	(10,904	)	$	(277	)	$	2,623

	December 31,		Restructuring					Currency		September 30,
(in thousands)	2012		charges accrued		Payments			translation/other		2013
Total Termination costs	$	4,947	$	25,860	$	(5,529	)	$	609	$	25,887