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Restructuring (Tables)
9 Months Ended
Sep. 30, 2019
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)

2019

2018

2019

2018

Machine Clothing

$(211)

$370

$1,125

$10,522

Albany Engineered Composites

(33)

2,189

18

2,968

Corporate expenses

(7)

(4)

224

Total

$(244)

$2,552

$1,139

$13,714

Nine months ended September 30, 2019

(in thousands)

Total restructuring costs incurred

Termination and other costs

Impairment of assets

Impairment of intangible assets

Machine Clothing

$1,125

$1,081

$44

$

Albany Engineered Composites

18

18

Corporate expenses

(4)

(4)

Total

$1,139

$1,095

$44

$

Nine months ended September 30, 2018

(in thousands)

Total restructuring costs incurred

Termination and other costs

Impairment of assets

Impairment of intangible assets

Machine Clothing

$10,522

$11,128

$144

$(750)

Albany Engineered Composites

2,968

1,206

1,762

Corporate expenses

224

224

Total

$13,714

$12,558

$1,906

$(750)

Schedule of Restructuring Liability

(in thousands)

December 31, 2018

Restructuring charges accrued

Payments

Currency translation /other

September 30, 2019

Total termination and other costs

$5,570

$1,095

$(4,195)

$(360)

$2,110

(in thousands)

December 31, 2017

Restructuring charges accrued

Payments

Currency translation/ other

September 30, 2018

Total termination and other costs

$3,326

$12,558

$(9,153)

$(379)

$6,352