XML 47 R33.htm IDEA: XBRL DOCUMENT v3.3.1.900
Restructuring (Tables)
12 Months Ended
Dec. 31, 2015
Restructuring [Abstract]  
Schedule of Restructuring Charges

Year ended December 31, 2015





(in thousands)     Total restructuring costs incurred     Termination and other costs     Impairment of plant and equipment     Benefit plan curtailment/ settlement  
Machine Clothing     $22,211     $18,906     $3,305    
$-  
Albany Engineered Composites     -     -     -     -  
Corporate expenses     1,635     1,635     -     -  
Total     $23,846     $20,541     $3,305    
$-  

 

Year ended December 31, 2014 Total restructuring costs





Impairment of plant and


Benefit plan curtailment/
(in thousands)    incurred
      Termination and 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 costs

Impairment of plant and

Benefit plan curtailment/
(in thousands)  incurred    Termination and 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
Schedule of Restructuring Liability
  December 31,   Restructuring           Currency   December 31,
(in thousands)   2014   charges accrued     Payments   translation/other   2015
                             
Total Termination costs   $ 1,874     $ 20,541     $ (12,323   $ 85     $ 10,177  

 

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