Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of Financial Data by Reporting Segment

The following tables show data by reportable segment, reconciled to consolidated totals included in the financial statements:

	Three months ended March 31,
(in thousands)	2019	2018
Net sales
Machine Clothing	$144,334	$141,773
Albany Engineered Composites	107,039	81,830
Consolidated total	$251,373	$223,603
Operating income/(loss)
Machine Clothing	$44,243	$26,942
Albany Engineered Composites	9,522	2,275
Corporate expenses	(13,672)	(12,213)
Operating income	$40,093	$17,004
Reconciling items:
Interest income	(599)	(382)
Interest expense	5,016	4,670
Other (income)/expense, net	(1,208)	1,452
Income before income taxes	$36,884	$11,264

Schedule of Restructuring Costs by Reporting Segment

The table below presents restructuring costs by reportable segment (also see Note 5):

	Three months ended March 31,
(in thousands)	2019	2018
Machine Clothing	$401	$8,352
Albany Engineered Composites	83	221
Total	$484	$8,573

Schedule of Disaggregate Revenue for Each Business Segment

The following table disaggregates revenue for each reporting unit by timing of revenue recognition:

		For the three months ended March 31, 2019
(in thousands)		Point in Time Revenue Recognition	Over Time Revenue Recognition	Total
Machine Clothing		$143,534	$800	$144,334
Albany Engineered Composites
	ASC	-	55,442	55,442
	Other AEC	6,245	45,352	51,597
Total Albany Engineered Composites		6,245	100,794	107,039
Total revenue		$149,779	$101,594	$251,373

		For the three months ended March 31, 2018
(in thousands)		Point in Time Revenue Recognition	Over Time Revenue Recognition	Total
Machine Clothing		$140,973	$800	$141,773
Albany Engineered Composites
	ASC	-	40,781	40,781
	Other AEC	6,040	35,009	41,049
Total Albany Engineered Composites		6,040	75,790	81,830
Total revenue		$147,013	$76,590	$223,603

Schedule of Disaggregate MC Segment Revenue by Significant Product or Service

The following table disaggregates MC segment revenue by significant product groupings (paper machine clothing (PMC) and engineered fabrics), and, for PMC, the geographical region to which the paper machine clothing was sold:

	For the three months ended March 31,
(in thousands)	2019	2018
Americas PMC	$75,341	$67,629
Eurasia PMC	51,438	53,811
Engineered Fabrics	17,555	20,333
Total Machine Clothing Net sales	$144,334	$141,773