Restructuring (Tables)

6 Months Ended

Jun. 30, 2017

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

Six months ended June 30, 2017	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)
Machine Clothing	$916	$916	$-
Albany Engineered Composites	3,801	3,356	445
Corporate Expenses	-	-	-
Total	$4,717	$4,272	$445

Six months ended June 30, 2016	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)
Machine Clothing	$6,132	$5,832	$300
Albany Engineered Composites	1,147	921	226
Corporate Expenses	48	48	-
Total	$7,327	$6,801	$526

Schedule of Restructuring Liability

The table below presents the year-to-date changes in restructuring liabilities for 2017 and 2016, all of which related to termination costs:

(in thousands)	December 31, 2016	Restructuring charges accrued	Payments		Currency translation / other	June 30, 2017
Total termination and other costs	$5,559	$4,272	($4,513	)	$65	$5,383

(in thousands)	December 31, 2015	Restructuring charges accrued	Payments		Currency translation / other	June 30, 2016
Total termination and other costs	$10,177	$6,801	($6,835	)	$13	$10,156