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Restructuring
3 Months Ended
Mar. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring

5. Restructuring

MC restructuring charges include expenses for the first three months of 2019 and 2018 related to discontinued operations at its MC production facility in Sélestat, France. In 2018, the plan was approved by the French Labor Ministry which led to restructuring expense of $8.1 million in the first three months of 2018 for severance and outplacement costs for the approximately 50 positions that were terminated under this plan. In the first quarter of 2019, restructuring charges were $0.4 million. Since 2017, we have recorded $12.1 million of restructuring charges related to this action.

AEC restructuring charges include expenses for the first three months of 2019 and 2018 related to work force reductions in AEC locations in Salt Lake City, Utah and Rochester, New Hampshire. The restructuring charges for the first three months of 2019 and 2018 include expenses of $0.1 million and $0.2 million, respectively.

The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:

     
  Three months ended March 31,
(in thousands) 2019 2018
Machine Clothing $401 $8,352
Albany Engineered Composites    83   221
Corporate expenses   -   -
 Total   $484 $8,573
 
Three months ended March 31, 2019 Total
restructuring
costs incurred  
 Termination
and other
costs  
(in thousands)    
Machine Clothing    $401  $401
Albany Engineered Composites      83   83
Corporate expenses     -    -
Total    $484  $484

 

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

 

We expect substantially all of Accrued liabilities for restructuring at March 31, 2019 will be paid within one year. The table below presents the year-to-date changes in restructuring liabilities for 2019 and 2018, all of which related to termination costs:

           
  December 31, Restructuring   Currency March 31,
(in thousands) 2018 charges accrued Payments translation /other 2019
           
Total termination and other costs $5,570 $484 ($876) $23  $5,201
           

 

  December 31, Restructuring   Currency March 31,
(in thousands) 2017 charges accrued Payments translation /other 2018
           
Total termination and other costs $3,326 $8,573 ($2,051) $25  $9,873