Restructuring (Tables)

12 Months Ended

Dec. 31, 2014

Restructuring [Abstract]

Schedule of Restructuring Charges

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

Year ended December 31, 2014	Total restructuring	Termination and	Impairment of plant and	Benefit plan curtailment/
(in thousands)	costs incurred	other costs	equipment	settlement
Machine Clothing	$4,828	$5,769	$-	$(941	)
Albany Engineered Composites	931	319	612	-
Corporate expenses	-	-	-	-
Total	$5,759	$6,088	$612	$(941	)

Year ended December 31, 2013	Total restructuring	Termination and	Impairment of plant and	Benefit plan curtailment/
(in thousands)	costs incurred	other costs	equipment	settlement
Machine Clothing	$24,568	$25,838	$-	$(1,270	)
Albany Engineered Composites	540	452	88	-
Corporate expenses	-	-	-	-
Total	$25,108	$26,290	$88	$(1,270	)

Year ended December 31, 2012	Total restructuring		Termination and	Impairment of plant and		Benefit plan curtailment/
(in thousands)	costs incurred		other costs	equipment		settlement
Machine Clothing	$7,386		$7,386	$-		$-
Albany Engineered Composites	-		-	-		-
Corporate expenses	(325	)	380	(705	)	-
Total	$7,061		$7,766	$(705	)	$-

Schedule of Restructuring Liability

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

	December 31,		Restructuring					Currency			December 31,
(in thousands)	2013		charges accrued		Payments			translation/other			2014
Total Termination costs	$	9,656	$	6,088	$	(13,240	)	$	(630	)	$	1,874

	December 31,		Restructuring					Currency		December 31,
(in thousands)	2012		charges accrued		Payments			translation/other		2013
Total Termination costs	$	4,947	$	26,408	$	(22,478	)	$	779	$	9,656