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Restructuring | 9 Months Ended
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Sep. 30, 2020
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring In 2020, AEC reduced its workforce at various locations, principally in the United States, leading to restructuring charges of $2.6 million for the first nine months of 2020. Machine Clothing restructuring charges for the first nine months of 2020 and 2019 were principally related to the plant closure of its MC production facility in Sélestat, France that was announced in 2017. Since 2017, we have recorded $13.3 million of restructuring charges related to this action. The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:
| Three months ended September 30, | Nine months ended September 30,
(in thousands) | 2020 | 2019 | 2020 | 2019
Machine Clothing | $ | 384 |  | $ | (211) |  | $ | 1,414 |  | $ | 1,125 |
Albany Engineered Composites | 358 |  | (33) |  | 2,606 |  | 18 |
Corporate expenses | (32) |  | — |  | 169 |  | (4) |
Total | $ | 710 |  | $ | (244) |  | $ | 4,189 |  | $ | 1,139 |
Nine Months Ended September 30, 2020 | Total restructuring costs incurred | Termination and other costs | Impairment of assets
(in thousands) |  |  |
Machine Clothing | $ | 1,414 |  | $ | 1,414 |  | $ | — |
Albany Engineered Composites | 2,606 |  | 2,606 |  | — |
Corporate expenses | 169 |  | 169 |  | — |
Total | $ | 4,189 |  | $ | 4,189 |  | $ | — |
Nine Months Ended September 30, 2019 | Total restructuring costs incurred | Termination and other costs | Impairment of assets
(in thousands) |  |  |
Machine Clothing | $ | 1,125 |  | $ | 1,081 |  | $ | 44 |
Albany Engineered Composites | 18 |  | 18 |  | — |
Corporate expenses | (4) |  | (4) |  | — |
Total | $ | 1,139 |  | $ | 1,095 |  | $ | 44 |
We expect that approximately $2.8 million of Accrued liabilities for restructuring at September 30, 2020 will be paid within one year and approximately $0.3 million will be paid the following year. The table below presents the year-to-date changes in restructuring liabilities for 2020 and 2019, all of which are related to termination costs:
(in thousands) | December 31, 2019 | Restructuring charges accrued | Payments | Currency translation /other | September 30, 2020
Total termination and other costs | $ | 2,042 |  | $ | 4,189 |  | $ | (3,186) |  | $ | 46 |  | $ | 3,091 |
(in thousands) | December 31, 2018 | Restructuring charges accrued | Payments | Currency translation /other | September 30, 2019
Total termination and other costs | $ | 5,570 |  | $ | 1,095 |  | $ | (4,195) |  | $ | (360) |  | $ | 2,110 |

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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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