Reportable Segments and Geographic Data (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [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)	2016		2015		2016		2015
Net sales
Machine Clothing	$143,248		$154,522		$437,445		463,577
Albany Engineered Composites	48,024		24,267		129,348		68,625
Consolidated total	$191,272		$178,789		$566,793		$532,202
Operating income/(loss)
Machine Clothing	$40,039		$41,956		$112,583		$110,969
Albany Engineered Composites	(4,529	)	(4,191	)	(14,083	)	(26,635	)
Corporate expenses	(10,690	)	(11,922	)	(33,554	)	(35,304	)
Operating income	24,820		25,843		64,946		49,030
Reconciling items:
Interest income	(675	)	(428	)	(1,347	)	(1,205	)
Interest expense	4,356		3,099		10,957		9,254
Other income, net	242		1,249		(2,103	)	784
Income before income taxes	$20,897		$21,923		$57,439		$40,197

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 June 30,
(in thousands)	2016		2015	2016		2015
Restructuring expenses, net
Machine Clothing	($212	)	$3,717	$5,921		$13,929
Albany Engineered Composites	640		-	1,787		-
Corporate expenses	(102	)	-	(55	)	-
Consolidated total	$326		$3,717	$7,653		$13,929