Restructuring (Tables)

6 Months Ended

Jun. 30, 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 June 30,		Six months ended June 30,
(in thousands)	2018	2017	2018	2017
Machine Clothing	$1,800	$805	$10,152	$916
Albany Engineered Composites	558	1,231	779	3,801
Corporate expenses	231	-	231	-
Total	$2,589	$2,036	$11,162	$4,717

Six months ended June 30, 2018	Total restructuring costs incurred	Termination and other costs	Impairment of  assets
(in thousands)
Machine Clothing	$10,152	$10,152	$-
Albany Engineered Composites	779	779	-
Corporate expenses	231	231	-
Total	$11,162	$11,162	$-

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

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:

	December 31,	Restructuring		Currency	June 30,
(in thousands)	2017	charges accrued	Payments	translation /other	2018
Total termination and other costs	$3,326	$11,162	($5,323)	($378)	$8,787

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