Restructuring activities have decreased in the last two years. Restructuring expense, net during this period has been related primarily to the winding down of restructuring actions taken in years previous. The following table summarizes charges reported in the Consolidated Statements of Income under “Restructuring expenses, net”:


Year ended December 31, 2023 (in thousands)	Total restructuring costs incurred		Termination and other costs		Impairment of assets
Machine Clothing	$	282	$	282	$	—
Albany Engineered Composites	—		—		—
Corporate	—		—		—
Total restructuring expense	$	282	$	282	$	—


Year ended December 31, 2022 (in thousands)	Total restructuring costs incurred		Termination and other costs		Impairment of assets
Machine Clothing	$	92	$	92	$	—
Albany Engineered Composites	—		—		—
Corporate	14		14		—
Total restructuring expense	$	106	$	106	$	—


Year ended December 31, 2021 (in thousands)	Total restructuring costs incurred		Termination and other costs		Impairment of assets
Machine Clothing	$	1,202	$	1,202	$	—
Albany Engineered Composites	32		32		—
Corporate	97		97		—
Total restructuring expense	$	1,331	$	1,331	$	—

As of December 31, 2023, there is no remaining balance in Accrued liabilities for restructuring. The table below presents the changes in restructuring liabilities for 2023 and 2022:


(in thousands)	December 31, 2022		Restructuring charges accrued		Payments		Currency translation/other		December 31, 2023
Total termination and other costs	$	—	$	282	$	(285)	$	3	$	—


(in thousands)	December 31, 2021		Restructuring charges accrued		Payments		Currency translation/other		December 31, 2022
Total termination and other costs	$	1,045	$	106	$	(1,079)	$	(72)	$	—