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Restructuring (Tables)
3 Months Ended
Mar. 31, 2026
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 March 31,
(in thousands)20262025
Machine Clothing$2,676 $1,347 
Albany Engineered Composites 1,168 
Corporate489 — 
Total$3,165 $2,515 
The following tables summarize charges by type of expense reported in the Consolidated Statements of Income under "Restructuring expenses, net" and "Cost of goods sold":
Three months ended March 31, 2026Total
restructuring
costs incurred
Termination
and other
costs
Asset Transfer Costs
(in thousands)
Machine Clothing$2,676 $1,998 $678 
Albany Engineered Composites   
Corporate489 489  
Total$3,165 $2,487 $678 
Three months ended March 31, 2025Total
restructuring
costs incurred
Termination
and other
costs
Impairment of assets
Pension Curtailment (Gain)/Loss
(in thousands)
Machine Clothing$1,603 $2,640 $723 $(1,760)
Albany Engineered Composites1,168 1,168 — — 
Corporate— — — — 
Total$2,771 $3,808 $723 $(1,760)
Schedule of Changes in Restructuring Liabilities
The table below presents the year-to-date changes in restructuring liabilities for 2026 and 2025:
(in thousands)December 31, 2025Restructuring
charges accrued
Payments and otherMarch 31, 2026
Total restructuring and other liabilities$2,766 $3,165 $(4,871)$1,060 
(in thousands)December 31, 2024Restructuring
charges accrued
Payments and otherMarch 31, 2025
Total restructuring and other liabilities$4,996 $3,808 $(4,136)$4,668