ALBANY INTERNATIONAL CORP DE
For the period ended Mar 31, 2024. Filed Apr 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 29, 2024
AIN$68.92-1.6%Stored close · as of Nov 10, 2026
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Consolidated statements of comprehensive income/(loss) – months ended
Index
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
(in thousands)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net income | $27,369 | $27,086 |
| Other comprehensive income/(loss), before tax: | ||
| Foreign currency translation | (11,831) | 13,440 |
| Amortization of pension liability adjustments: | ||
| Prior service credit | (38) | (1,031) |
| Net actuarial loss | 178 | 346 |
| Payments and amortization related to interest rate swaps included in earnings | (4,038) | (3,223) |
| Derivative valuation adjustment | 1,194 | (662) |
| Income taxes related to items of other comprehensive income/(loss): | ||
| Amortization of prior service credit | 11 | 315 |
| Amortization of net actuarial loss | (54) | (105) |
| Payments and amortization related to interest rate swaps included in earnings | 1,022 | 815 |
| Derivative valuation adjustment | (302) | 168 |
| Comprehensive income | 13,511 | 37,149 |
| Comprehensive income attributable to the noncontrolling interest | 124 | 435 |
| Comprehensive income attributable to the Company | $13,387 | $36,714 |
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