Reportable Segments and Geographic Data (Tables)

6 Months Ended

Jun. 30, 2017

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 June 30,				Six months ended June 30,
(in thousands)	2017		2016		2017		2016
Net sales
Machine Clothing	$146,572		$148,934		$289,399		$294,197
Albany Engineered Composites (AEC)	68,999		54,256		125,449		81,324
Consolidated total	$215,571		$203,190		$414,848		$375,521
Operating income/(loss)
Machine Clothing	38,418		35,405		76,679		72,543
Albany Engineered Composites	(17,828	)	(5,848	)	(22,942	)	(9,553	)
Corporate expenses	(11,362	)	(11,700	)	(22,453	)	(22,864	)
Operating income	$9,228		$17,857		$31,284		$40,126
Reconciling items:
Interest income	(340	)	(547	)	(447	)	(673	)
Interest expense	4,625		4,238		9,060		6,602
Other expense/(income), net	1,931		(2,017	)	2,135		(2,345	)
Income before income taxes	$3,012		$16,183		$20,536		$36,542

Schedule of Restructuring Costs by Reporting Segment

The table below presents restructuring costs by reportable segment (also see Note 5):

	Three months ended June 30,		Six months ended June 30,
(in thousands)	2017	2016	2017	2016
Restructuring expenses, net
Machine Clothing	$805	$5,434	$916	$6,132
Albany Engineered Composites	1,231	1,147	3,801	1,147
Corporate expenses	-	67	-	48
Consolidated total	$2,036	$6,648	$4,717	$7,327