Reportable Segment Data

9 Months Ended

Sep. 30, 2011

Reportable Segment Data [Abstract]

Reportable Segment Data

2. Reportable Segment Data

The following table shows data by reportable segment, reconciled to consolidated totals included in the financial statements:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in thousands)	2011			2010			2011			2010
Net Sales
Paper Machine Clothing	$	168,067		$	157,469		$	494,540		$	457,868
Albany Door Systems		43,276			36,247			133,797			103,794
Engineered Fabrics		20,267			18,500			61,453			58,644
Engineered Composites		11,918			10,585			33,894			30,096
PrimaLoft® Products		6,484			5,613			22,193			19,335
Consolidated total	$	250,012		$	228,414		$	745,877		$	669,737
Operating income/(loss)
Paper Machine Clothing	$	47,312		$	40,184		$	128,451		$	106,420
Albany Door Systems		3,674			2,490			13,098			7,713
Engineered Fabrics		1,555			1,123			8,396			6,615
Engineered Composites		(1,434	)		(2,637	)		(3,621	)		(6,855	)
PrimaLoft® Products		1,234			1,264			6,310			6,259
Research expense		(6,400	)		(6,330	)		(20,777	)		(19,273	)
Unallocated expenses		(15,413	)		(17,942	)		(50,340	)		(49,186	)
Operating income before reconciling items		30,528			18,152			81,517			51,693
Reconciling items:
Interest expense, net		4,377			4,833			13,939			12,540
Other expense, net		374			5,920			5,298			648
Income before income taxes	$	25,777		$	7,399		$	62,280		$	38,505

On October 27, 2011, we entered into a contract to sell our assets and liabilities related to the Albany Door Systems segment to Assa Abloy AB. The transaction is subject to regulatory approval and we expect that the transaction will close in the first quarter of 2012. We expect to report the Albany Doors Systems segment as a discontinued operation in future quarterly and annual reports.

In the third quarter of 2011, we announced our intent to merge the Engineered Fabrics segment into our Paper Machine Clothing segment. We expect the integration of these businesses to be completed by the first quarter of 2012. Accordingly, we will combine these businesses into one reportable segment beginning in 2012.

The table below presents restructuring costs by reportable segment for the three and nine month periods ended September 30, 2011 and 2010:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
(in thousands)	2011		2010			2011		2010
Restructuring expense
Paper Machine Clothing	$	440	$	216		$	921	$	3,178
Albany Door Systems		14		(249	)		527		225
Engineered Fabrics		2,170		405			2,294		1,012
Engineered Composites		-		453			57		453
Unallocated		81		17			1,184		(1,945	)
Consolidated total	$	2,705	$	842		$	4,983	$	2,923

The 2011 expense was principally due to organizational changes associated with the integration of PMC and Engineered Fabrics and the substantial completion of the SAP conversion project. The expense in 2010 was the result of residual costs associated with plans announced during 2009, and was partially reduced by postretirement curtailment gains, which have not been allocated to a particular reportable segment.

There were no material changes in the total assets of reportable segments during this period.