Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Financial Data by Reporting Segment

	Three months ended March 31,
(in thousands)	2015			2014
Net sales
Machine Clothing	$	158,494		$	164,088
Albany Engineered Composites		22,830			16,219
Consolidated total	$	181,324		$	180,307
Operating income
Machine Clothing	$	35,689		$	36,142
Albany Engineered Composites		(3,811	)		(3,475	)
Corporate expenses		(11,729	)		(12,066	)
Operating income before reconciling items		20,149			20,601
Reconciling items:
Interest income		(340	)		(196	)
Interest expense		3,016			3,114
Other expense/(income), net		(3,285	)		(467	)
Income before income taxes	$	20,758		$	18,150

Schedule of Restructuring Costs by Reporting Segment

	Three months ended March 31,
(in thousands)	2015		2014
Restructuring expense
Machine Clothing	$	9,001	$	862
Albany Engineered Composites		-		320
Consolidated total	$	9,001	$	1,182

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details