Restructuring (Tables)

9 Months Ended

Sep. 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 September 30,		Nine months ended September 30,
(in thousands)	2018	2017	2018	2017
Machine Clothing	$371	$96	$10,523	$1,012
Albany Engineered Composites	2,189	5,407	2,968	9,208
Corporate expenses	(8)	-	223	-
Total	$2,552	$5,503	$13,714	$10,220

Nine months ended September 30, 2018  (in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of assets	Benefit plan curtailment/settlement
Machine Clothing	$10,523	$11,129	$144	($750)
Albany Engineered Composites	2,968	1,206	1,762	-
Corporate expenses	223	223	-	-
Total	$13,714	$12,558	$1,906	($750)

Nine months ended September 30, 2017 (in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment	Impairment of intangible asset
Machine Clothing	$1,012	$1,012	$-	$-
Albany Engineered Composites	9,208	4,173	886	4,149
Corporate expenses	-	-	-
Total	$10,220	$5,185	$886	$4,149

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	September 30,
(in thousands)	2017	charges accrued	Payments	translation /other	2018
Total termination and other costs	$3,326	$12,558	($9,153)	($379)	$6,352

	December 31,	Restructuring		Currency	September 30,
(in thousands)	2016	charges accrued	Payments	translation /other	2017
Total termination and other costs	$5,559	$5,185	($6,370)	$24	$4,398