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Restructuring | 6 Months Ended
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Jun. 30, 2019
Restructuring and Related Activities [Abstract] |
Restructuring | 5. Restructuring MC restructuring charges include expenses for the first six months of 2019 and 2018 principally related to discontinued operations at its MC production facility in Sélestat, France. In 2018, the plan was approved by the French Labor Ministry which led to restructuring expense of $8.6 million in the first six months of 2018 for severance and outplacement costs for the approximately 50 positions that were terminated under this plan. In the first six months of 2019, restructuring charges were $0.8 million. Since 2017, we have recorded $12.5 million of restructuring charges related to this action. AEC restructuring charges include expenses for the first six months of 2019 and 2018 related to work force reductions in AEC locations in Salt Lake City, Utah and Rochester, New Hampshire. 15 Index The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:
| Three months ended June 30, | Six months ended June 30,
(in thousands) | 2019 | 2018 | 2019 | 2018
Machine Clothing | $935 | $1,800 | $1,336 | $10,152
Albany Engineered Composites | (32) | 558 | 51 | 779
Corporate expenses | (4) | 231 | (4) | 231
Total | $899 | $2,589 | $1,383 | $11,162
Six months ended June 30, 2019 (in thousands) | Total restructuring costs incurred | Termination and other costs | Impairment of assets
Machine Clothing | $1,336 | $1,309 | $27
Albany Engineered Composites | 51 | 51 | —
Corporate expenses | (4) | (4) | —
Total | $1,383 | $1,356 | $27
Six months ended June 30, 2018 (in thousands) | Total restructuring costs incurred | Termination and other costs
Machine Clothing | $10,152 | $10,152
Albany Engineered Composites | 779 | 779
Corporate expenses | 231 | 231
Total | $11,162 | $11,162
We expect that approximately $2.3 million of Accrued liabilities for restructuring at June 30, 2019 will be paid within one year and approximately $1.2 million will be paid the following year. The table below presents the year-to-date changes in restructuring liabilities for 2019 and 2018, all of which related to termination costs:
(in thousands) | December 31, 2018 | Restructuring charges accrued | Payments | Currency translation /other | June 30, 2019
Total termination and other costs | $5,570 | $1,356 | $(3,129) | $(290) | $3,507
(in thousands) | December 31, 2017 | Restructuring charges accrued | Payments | Currency translation/ other | June 30, 2018
Total termination and other costs | $3,326 | $11,162 | $(5,323) | $(378) | $8,787

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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