XML 46 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue Recognition [Abstract]  
Schedule of Summary of Composition of Each Business Segment

The following table provides a summary of the composition of each business segment:

Segment

Product Group

Principal Product or Service

Principal Locations

Machine Clothing (MC)

Machine Clothing

Paper machine clothing: Permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, and pulp

 

World-wide

Engineered fabrics: Belts used in the manufacture of nonwovens, fiber cement and several other industrial applications

Albany Engineered Composites (AEC)

Albany Safran Composites (ASC)

3D-woven, injected composite components for aircraft engines

 

Rochester, NH Commercy, France Queretaro, Mexico

Airframe and engine Components (Other AEC)

Composite airframe and engine components for military and commercial aircraft

Salt Lake City, UT Boerne, TX Queretaro, Mexico Kaiserslautern, Germany

 

Schedule of Disaggregate Revenue for Each Business Segment

We disaggregate revenue earned from contracts with customers for each of our business segments and product groups based on the timing of revenue recognition, and groupings used for internal review purposes.

The following table presents disaggregated revenue for each product group by timing of revenue recognition:

 

For the year ended

 

December 31, 2019

(in thousands)

Point in Time Revenue Recognition

Over Time Revenue Recognition

Total

Machine Clothing

$598,054

$3,200

$601,254

Albany Engineered Composites ASC

220,188

220,188

Other AEC

28,584

204,106

232,690

Total Albany Engineered Composites

28,584

424,294

452,878

Total revenue

$626,638

$427,494

$1,054,132

 

For the year ended

 

December 31, 2018

(in thousands)

Point in Time Revenue Recognition

Over Time Revenue Recognition

Total

Machine Clothing

$608,658

$3,200

$611,858

Albany Engineered Composites ASC

182,699

182,699

Other AEC

21,614

166,308

187,922

Total Albany Engineered Composites

21,614

349,007

370,621

Total revenue

$630,272

$352,207

$982,479

 

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 years ended December 31,

(in thousands)

2019

2018

Americas PMC

$316,355

$303,768

Eurasia PMC

210,961

227,493

Engineered Fabrics

73,938

80,597

Total Machine Clothing Net sales

$601,254

$611,858