XML 106 R34.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Income Taxes [Abstract] |
Schedule of Components of Income Tax Expense |
(in thousands) | 2012 |  | 2011 |  | 2010
Income tax based on income from continuing operations, at estimated tax rates of 39%, 33%, and 30%, respectively | $19,769 |  |  | $17,814 |  |  | $14,381 |
Pension plan settlements | (39,460 | ) |  | - |  |  | - |
Redemption of life insurance policies | - |  |  | - |  |  | 9,382 |
Income tax before discrete items | (19,691 | ) |  | 17,814 |  |  | 23,763 |
Discrete tax (benefit)/expense: |  |  |  |  |  |  |  |
Provision for/resolution of tax audits and contingencies, net | (2,747 | ) |  | 289 |  |  | - |
Adjustments to prior period tax liabilities | (1,471 | ) |  | (1,624 | ) |  | 100 |
Enacted legislation change | (973 | ) |  | 115 |  |  | 324 |
Provision for/adjustment to beginning of year valuation allowances | (2,442 | ) |  | 22,798 |  |  | - |
Change in tax status | - |  |  | (3,344 | ) |  | (161 | )
Repatriation of non-U.S. prior years' earnings | - |  |  | - |  |  | (2,262 | )
Adjustment to correct a prior year error | - |  |  | (3,553 | ) |  | - |
Other discrete tax adjustments, net | (199 | ) |  | 87 |  |  | (742 | )
Total income tax (benefit)/expense | ($27,523 | ) |  | $32,582 |  |  | $21,022 |
Schedule of Income/(Loss) From Continuing Operations |
(in thousands) |  | 2012 |  | 2011 |  | 2010
(Loss)/income before income taxes: |  |  |  |  |  |  |  |  |
U.S. |  | ($84,624 | ) |  | ($9,748 | ) |  | ($1,481 | )
Non-U.S. |  | 16,258 |  |  | 63,596 |  |  | 49,926 |
|  | ($68,366 | ) |  | $53,848 |  |  | $48,445 |
Income tax provision: |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |
Federal |  | ($20,123 | ) |  | ($9,288 | ) |  | ($2,469 | )
State |  | (1,212 | ) |  | 120 |  |  | 75 |
Non-U.S. |  | 12,413 |  |  | 17,879 |  |  | 9,306 |
|  | ($8,922 | ) |  | $8,711 |  |  | $6,912 |
Deferred: |  |  |  |  |  |  |  |  |
Federal |  | ($12,851 | ) |  | $3,519 |  |  | $11,838 |
State |  | (1,538 | ) |  | 113 |  |  | 1,893 |
Non-U.S. |  | (4,212 | ) |  | 20,239 |  |  | 379 |
|  | ($18,601 | ) |  | $23,871 |  |  | $14,110 |
Total provision for income taxes |  | ($27,523 | ) |  | $32,582 |  |  | $21,022 |
Schedule of Components of Deferred Income Tax Expense/(Benefit) |
(in thousands) |  | 2012 |  | 2011 |  | 2010
Net effect of temporary differences |  |  | $(7,557 | ) |  |  | $1,593 |  |  |  | $12,035 |
Foreign tax credits |  |  | 9,468 |  |  |  | (5,668 | ) |  |  | (14,262 | )
Postretirement benefits |  |  | (18,337 | ) |  |  | 5,119 |  |  |  | 3,216 |
Net impact to operating loss carryforwards |  |  | 1,240 |  |  |  | 3,258 |  |  |  | 26,341 |
Enacted changes in tax laws and rates |  |  | (973 | ) |  |  | 115 |  |  |  | 324 |
Adjustments to beginning-of-the-year valuation |  |  |  |  |  |  |  |  |  |  |  |
allowance balance for changes in circumstances |  |  | (2,442 | ) |  |  | 22,798 |  |  |  | - |
Changes in tax status |  |  | - |  |  |  | (3,344 | ) |  |  | (161 | )
Recognition of deferred gain on extinguished debt |  |  | - |  |  |  | - |  |  |  | (13,383 | )
Total |  |  | $(18,601 | ) |  |  | $23,871 |  |  |  | $14,110 |
Reconciliation of the U.S. Federal Statutory Tax Rate to the Company's Effective Income Tax Rate |
| 2012 |  | 2011 |  | 2010
U.S. federal statutory tax rate |  | 35.0 | % |  |  | 35.0 | % |  |  | 35.0 | %
State taxes, net of federal benefit |  | 3.5 |  |  |  | 0.3 |  |  |  | 3.3 |
Non-U.S. local income taxes |  | 0.5 |  |  |  | 0.4 |  |  |  | 0.8 |
Foreign rate differential |  | (1.7 | ) |  |  | (14.3 | ) |  |  | (28.2 | )
U.S. tax on non-U.S. earnings and foreign withholdings |  | (1.2 | ) |  |  | 12.8 |  |  |  | 7.7 |
Provision for/resolution of beginning of year tax contingencies |  | 4.0 |  |  |  | 0.5 |  |  |  | 0.0 |
Net Change in valuation allowances |  | (3.7 | ) |  |  | 42.1 |  |  |  | 14.5 |
Change in tax status |  | - |  |  |  | (6.2 | ) |  |  | (0.3 | )
Adjustment to correct prior year error |  | - |  |  |  | (6.4 | ) |  |  | - |
Officers life insurance |  | - |  |  |  | - |  |  |  | 17.4 |
Other |  | 3.9 |  |  |  | (3.7 | ) |  |  | (6.7 | )
Effective income tax rate |  | 40.3 | % |  |  | 60.5 | % |  |  | 43.5 | %
Schedule of Deferred Tax Assets and Liabilities |
|  |  |  | U.S. |  |  |  | Non-U.S.
|  | 2012 |  | 2011 |  | 2012 |  | 2011
(in thousands) |  |  |  |  |  |  |  |
Current deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $1,733 |  |  | $1,713 |  |  | $2,437 |  |  | $2,279 |
Inventories |  | 1,589 |  |  | 3,049 |  |  | 2,052 |  |  | 1,919 |
Tax credit carryforwards |  | 3,000 |  |  | - |  |  | - |  |  | - |
Other |  | 3,413 |  |  | 3,815 |  |  | 6,370 |  |  | 7,351 |
Total current deferred tax assets |  | 9,735 |  |  | 8,577 |  |  | 10,859 |  |  | 11,549 |
Noncurrent deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation |  | 5,668 |  |  | 5,420 |  |  | - |  |  | - |
Depreciation and amortization |  | 5,004 |  |  | - |  |  | 2,958 |  |  | 2,502 |
Postretirement benefits |  | 38,632 |  |  | 45,547 |  |  | 4,480 |  |  | 8,984 |
Tax loss carryforwards |  | 1,032 |  |  | 2,002 |  |  | 78,968 |  |  | 70,510 |
Tax credit carryforwards |  | 24,504 |  |  | 36,868 |  |  | 1,561 |  |  | 3,980 |
Other |  | 4,119 |  |  | 5,469 |  |  | 557 |  |  | 259 |
Noncurrent deferred tax assets |  |  |  |  |  |  |  |  |  |  |  |
before valuation allowance |  | 78,959 |  |  | 95,306 |  |  | 88,524 |  |  | 86,235 |
Less: valuation allowance |  | - |  |  | (739 | ) |  | (60,348 | ) |  | (62,674 | )
Total noncurrent deferred tax assets |  | 78,959 |  |  | 94,567 |  |  | 28,176 |  |  | 23,561 |
Total deferred tax assets |  | $88,694 |  |  | $103,144 |  |  | $39,035 |  |  | $35,110 |
Current deferred tax liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Unrepatriated foreign earnings |  | $1,521 |  |  | $3,672 |  |  | $ - |  |  | $ - |
Inventories |  | - |  |  | - |  |  | 1,383 |  |  | 1,514 |
Other |  | - |  |  | - |  |  | 12 |  |  | 215 |
Total current deferred tax liabilities |  | 1,521 |  |  | 3,672 |  |  | 1,395 |  |  | 1,729 |
Noncurrent deferred tax liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | 15,296 |  |  | 17,139 |  |  | 10,106 |  |  | 10,953 |
Postretirement benefits |  | - |  |  | - |  |  | 4,726 |  |  | 1,854 |
Branch losses subject to recapture |  | - |  |  | - |  |  | 12,959 |  |  | 14,176 |
Other |  | 68 |  |  | 471 |  |  | 2,473 |  |  | - |
Total noncurrent deferred tax liabilities |  | 15,364 |  |  | 17,610 |  |  | 30,264 |  |  | 26,983 |
Total deferred tax liabilities |  | 16,885 |  |  | 21,282 |  |  | 31,659 |  |  | 28,712 |
Net deferred tax asset |  | $71,809 |  |  | $81,862 |  |  | $7,376 |  |  | $6,398 |
Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits |
(in thousands) | 2012 |  | 2011 |  | 2010
Unrecognized tax benefits balance at January 1 | $27,053 |  |  | $23,467 |  |  | $22,513 |
Increase in gross amounts of tax positions related to prior years | 9,454 |  |  | 8,040 |  |  | 23 |
Decrease in gross amounts of tax positions related to prior years | - |  |  | (37 | ) |  | (690 | )
Increase in gross amounts of tax positions related to current year | 381 |  |  | 1,005 |  |  | 1,043 |
Decrease due to settlements with tax authorities | (13,099 | ) |  | (4,576 | ) |  | - |
Decrease due to lapse in statute of limitations | (20 | ) |  | - |  |  | (76 | )
Currency translation | 617 |  |  | (846 | ) |  | 654 |
Unrecognized tax benefits balance at December 31 | $24,386 |  |  | $27,053 |  |  | $23,467 |
Schedule of Current Income Taxes Receivable and Deferred |
(in thousands) |  | 2012 |  | 2011
Income taxes receivable |  | $ - |  |  | $9,884 |
Deferred income taxes |  | 20,594 |  |  | 20,126 |
Total current income taxes receivable and deferred |  | $20,594 |  |  | $30,010 |
Schedule of Non-Current Income Taxes Receivable and Deferred |
(in thousands) |  | 2012 |  | 2011
Income taxes receivable |  | $16,751 |  |  | $16,516 |
Deferred income taxes |  | 107,135 |  |  | 118,128 |
Total noncurrent deferred taxes and taxes receivable |  | $123,886 |  |  | $134,644 |
Schedule of Current Taxes Payable and Deferred |
(in thousands) |  | 2012 |  | 2011
Taxes payable |  | $10,636 |  |  | $3,365 |
Deferred income taxes |  | 2,916 |  |  | 5,401 |
Total current income taxes payable and deferred |  | $13,552 |  |  | $8,766 |

X
- Definition Schedule Deferred Income Tax Expense [Table Text Block]. + References No definition available. + Details
Name: | ain_ScheduleDeferredIncomeTaxExpenseTableTextBlock
Namespace Prefix: | ain_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary Of Income Taxes Payable And Deferred Current [Table Text Block]. + References No definition available. + Details
Name: | ain_SummaryOfIncomeTaxesPayableAndDeferredCurrentTableTextBlock
Namespace Prefix: | ain_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary Of Income Taxes Receivable And Deferred Current [Table Text Block]. + References No definition available. + Details
Name: | ain_SummaryOfIncomeTaxesReceivableAndDeferredCurrentTableTextBlock
Namespace Prefix: | ain_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary Of Income Taxes Receivable And Deferred, Noncurrent [Table Text Block]. + References No definition available. + Details
Name: | ain_SummaryOfIncomeTaxesReceivableAndDeferredNoncurrentTableTextBlock
Namespace Prefix: | ain_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References No definition available. + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Interpretation (FIN) -Number 48 -Paragraph 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration