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Restructuring (Tables)
3 Months Ended
Mar. 31, 2018
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 March 31,
(in thousands)  2018  2017
Machine Clothing  $8,352   $110 
Albany Engineered Composites  221   2,571 
 Total  $8,573   $2,681 

 

Three months ended March 31, 2018  Total restructuring costs incurred     Termination and other costs    Impairment of assets
(in thousands)     
Machine Clothing  $8,352   $8,352   $- 
Albany Engineered Composites  221   221   - 
Total  $8,573   $8,573   $- 

 

Three months ended March 31, 2017  Total restructuring costs incurred     Termination and other costs    Impairment of assets
(in thousands)     
Machine Clothing  $110   $110   $- 
Albany Engineered Composites  2,571   2,456   115 
Total  $2,681   $2,566   $115 

 

Schedule of Restructuring Liability

The table below presents the year-to-date changes in restructuring liabilities for 2018 and 2017, all of which related to termination costs:

 

(in thousands)

 

December 31,
2017

 

Restructuring

charges accrued

  Payments  Currency translation /other  March 31, 2018
                     
Total termination and other costs  $3,326   $8,573   ($2,051)  $25   $9,873 

 

 

 

(in thousands)

  December 31, 2016 

Restructuring

charges accrued

  Payments  Currency translation /other  March 31, 2017
                     
Total termination and other costs  $5,559   $2,566   ($2,126)  $17   $6,016