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Reportable Segments and Geographic Data (Tables) | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Schedule of Financial Data by Reporting Segment | The following tables show data by reportable segment, reconciled to consolidated totals included in the financial statements:
(in thousands) |  | 2018 |  | 2017 |  | 2016 |  | Year ended December 31, 2018 Increase/(decrease) attributable to application of ASC 606 |
Net Sales |  |  |  |  |  |  |  |  |
Machine Clothing |  | $611,858 |  | $590,357 |  | $582,190 |  | $(3,970 | )
Albany Engineered Composites |  | 370,621 |  | 273,360 |  | 197,649 |  | (3,150 | )
Consolidated total |  | $982,479 |  | $863,717 |  | $779,839 |  | $(7,120 | )
Depreciation and amortization |  |  |  |  |  |  |  |  |
Machine Clothing |  | 30,813 |  | 33,527 |  | 36,428 |  | — |
Albany Engineered Composites |  | 43,205 |  | 33,533 |  | 24,211 |  | — |
Corporate expenses |  | 5,018 |  | 4,896 |  | 6,822 |  | — |
Consolidated total |  | $79,036 |  | $71,956 |  | $67,461 |  | $— |
Operating income/(loss) |  |  |  |  |  |  |  |  |
Machine Clothing |  | 169,836 |  | 153,980 |  | 152,505 |  | (1,605 | )
Albany Engineered Composites |  | 16,647 |  | (31,657 | ) | (15,363 | ) | 4,930 |
Corporate expenses |  | (49,075 | ) | (43,647 | ) | (43,010 | ) | — |
Operating income |  | $137,408 |  | $78,676 |  | $94,132 |  | $3,325 |
Reconciling items: |  |  |  |  |  |  |  |  |
Interest income |  | (2,118 | ) | (1,511 | ) | (2,077 | ) | — |
Interest expense |  | 20,242 |  | 18,602 |  | 15,541 |  | — |
Other expense, net |  | 4,037 |  | 6,877 |  | 2,402 |  | — |
Income before income taxes |  | $115,247 |  | $54,708 |  | $78,266 |  | $3,325 |
Schedule of Restructuring Costs by Reporting Segment | The table below presents restructuring costs by reportable segment (also see Note 5):
(in thousands) | 2018 | 2017 | 2016 |
Restructuring expenses, net |  |  |  |
Machine Clothing | $12,278 | $3,429 | $6,181 |
Albany Engineered Composites | 3,048 | 10,062 | 2,314 |
Corporate expenses | 244 | - | (7 | )
Consolidated total | $15,570 | $13,491 | $8,488
Schedule of Operating Assets and Capital Expenditures by Reporting Segment | The following table presents assets and capital expenditures by reportable segment:
(in thousands) | 2018 | 2017 | 2016
Segment assets |  |  |
Machine Clothing | $453,836 | $464,468 | $454,010
Albany Engineered Composites | 633,394 | 584,076 | 514,527
Reconciling items: |  |  |
Cash | 197,755 | 183,727 | 181,742
Income taxes prepaid, receivable and deferred | 70,095 | 74,914 | 74,078
Other assets | 62,912 | 54,013 | 39,076
Consolidated total assets | $1,417,992 | $1,361,198 | $1,263,433
Capital expenditures and purchased software |  |  |
Machine Clothing | $20,230 | $20,522 | $15,651
Albany Engineered Composites | 60,121 | 63,865 | 54,678
Corporate expenses | 2,535 | 3,250 | 3,163
Consolidated total | $82,886 | $87,637 | $73,492
Schedule of Financial Data by Geographic Area | The following table shows data by geographic area. Net sales are based on the location of the operation recording the final sale to the customer. Net sales recorded by our entity in Switzerland are derived from products sold throughout Europe and Asia, and are invoiced in various currencies.
(in thousands) | 2018 | 2017 | 2016
Net sales |  |  |
United States | $519,349 | $459,525 | $396,238
Switzerland | 157,339 | 147,601 | 145,479
France | 85,386 | 57,195 | 42,862
Brazil | 62,093 | 60,535 | 60,287
China | 50,923 | 48,920 | 48,043
Mexico | 48,534 | 31,902 | 27,526
Other countries | 58,855 | 58,039 | 59,404
Consolidated total | $982,479 | $863,717 | $779,839
Property, plant and equipment, at cost, net |  |  |
United States | $272,584 | $252,639 | $245,626
China | 48,686 | 61,840 | 65,987
France | 50,245 | 58,196 | 42,272
Mexico | 40,343 | 22,981 | 7,781
Korea | 12,396 | 14,558 | 15,585
United Kingdom | 12,042 | 14,256 | 14,591
Canada | 8,154 | 10,230 | 11,455
Other countries | 17,605 | 19,602 | 19,267
Consolidated total | $462,055 | $454,302 | $422,564

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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