Restructuring (Tables)

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges

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

	Three months ended September 30,			Nine months ended September 30,
(in thousands)	2016		2015	2016		2015
Machine Clothing	($212	)	$3,717	$5,921		$13,929
Albany Engineered Composites	640		-	1,787		-
Corporate Expenses	(102	)	-	(55	)	-
Total	$326		$3,717	$7,653		$13,929

Nine months ended September 30, 2016 (in thousands)	Total restructuring costs incurred		Termination and other costs		Impairment of plant and equipment	Benefit plan curtailment/ settlement
Machine Clothing	$5,921		$5,751		$300	$(130	)
Albany Engineered Composites	1,787		1,498		289	-
Corporate Expenses	(55	)	(55	)	-	-
Total	$7,653		$7,194		$589	$(130	)

Nine months ended September 30, 2015 (in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment	Benefit plan curtailment/ settlement
Machine Clothing	$13,929	$10,704	$3,225	$-
Albany Engineered Composites	-	-	-	-
Corporate Expenses	-	-	-	-
Total	$13,929	$10,704	$3,225	$-

Schedule of Restructuring Liability

The table below presents the year-to-date changes in restructuring liabilities for 2016 and 2015, all of which related to termination costs:

(in thousands)	December 31, 2015	Restructuring charges accrued	Payments		Currency translation/other	September 30, 2016
Total termination costs	$10,177	$7,194	($9,862	)	$2	$7,511

(in thousands)	December 31, 2014	Restructuring charges accrued	Payments		Currency translation/other	September 30, 2015
Total termination costs	$1,874	$10,607	($10,637	)	$96	$1,940