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Restructuring | 3 Months Ended
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Mar. 31, 2017
Restructuring and Related Activities [Abstract] |
Restructuring | 5. Restructuring Albany Engineered Composites restructuring charges for the first three months of 2017 included $2.6 million principally related to a reduction in personnel in Salt Lake City, Utah. Machine Clothing restructuring costs in 2016 were principally related to plant closure costs in Göppingen, Germany. The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:
|  | Three months ended March 31,
(in thousands) |  | 2017 |  | 2016
Machine Clothing |  | $110 |  |  | $698 |
Albany Engineered Composites |  | 2,571 |  |  | - |
Corporate Expenses |  | - |  |  | (19 | )
Total |  | $2,681 |  |  | $679 |
Three months ended March 31, 2017 (in thousands) |  | Total restructuring costs incurred |  | Termination and other costs |  | Impairment of plant and equipment
Machine Clothing |  | $110 |  |  | $110 |  |  | $- |
Albany Engineered Composites |  | 2,571 |  |  | 2,456 |  |  | 115 |
Corporate Expenses |  | - |  |  | - |  |  | - |
Total |  | $2,681 |  |  | $2,566 |  |  | $115 |
Three months ended March 31, 2016 (in thousands) |  | Total restructuring costs incurred |  | Termination and other costs |  | Impairment of plant and equipment
Machine Clothing |  | $698 |  |  | $698 |  |  | $- |
Albany Engineered Composites |  | - |  |  | - |  |  | - |
Corporate Expenses |  | (19 | ) |  | (19 | ) |  | - |
Total |  | $679 |  |  | $679 |  |  | $- |
We expect that approximately $5.1 million of Accrued liabilities for restructuring at March 31, 2017 will be paid within one year and approximately $0.9 million will be paid in the following year. The table below presents the year-to-date changes in restructuring liabilities for 2017 and 2016, all of which related to termination costs:
(in thousands) |  | December 31, 2016 |  | Restructuring charges accrued |  | Payments |  | Currency translation/other |  | March 31, 2017
Total termination and other costs |  | $5,559 |  |  | $2,566 |  |  | ($2,126 | ) |  | $17 |  |  | $6,016 |
(in thousands) |  | December 31, 2015 |  | Restructuring charges accrued |  | Payments |  | Currency translation/other |  | March 31, 2016
Total termination and other costs |  | $10,177 |  |  | $679 |  |  | ($2,573 | ) |  | $39 |  |  | $8,322 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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