ALBANY INTERNATIONAL CORP /DE/
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Nov 6, 2025
AIN$68.92-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated statements of cash flows – months ended
Index
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net income/(loss) | $(70,957) | $70,310 |
| Adjustments to reconcile net income/(loss) to net cash provided by operating activities: | ||
| Depreciation | 61,577 | 61,813 |
| Amortization | 3,903 | 5,190 |
| Change in deferred taxes and other liabilities | (21,864) | (7,552) |
| Impairment of property, plant and equipment | (390) | 1,425 |
| Non-cash interest expense | 777 | 769 |
| Contract loss provision | 139,665 | — |
| Compensation and benefits paid or payable in Class A Common Stock | 9,882 | 4,438 |
| Provision/(recovery) for credit losses from uncollected receivables and contract assets | 553 | 40 |
| Foreign currency remeasurement loss/(gain) on intercompany loans | 7,587 | 2,263 |
| Fair value adjustment on foreign currency contracts | — | 1,105 |
| Gain on sale of assets | (1,566) | (515) |
| Changes in operating assets and liabilities that provided/(used) cash: | ||
| Accounts receivable | 2,152 | 17,980 |
| Contract assets | (7,952) | (15,194) |
| Inventories | (5,105) | 5,918 |
| Prepaid expenses and other current assets | (3,286) | 2,768 |
| Income taxes prepaid and receivable | (13,825) | 2,602 |
| Accounts payable | 18,684 | 7,316 |
| Accrued liabilities | (22,887) | (8,320) |
| Income taxes payable | (13,022) | (11,995) |
| Other noncurrent liabilities | (4,307) | (17) |
| Other, net | (847) | (359) |
| Net cash provided by operating activities | 78,772 | 139,985 |
| Cash flows from investing activities: | ||
| Purchases of property, plant and equipment | (47,559) | (61,985) |
| Purchased software | (1,250) | (101) |
| Proceeds received from sale of assets | 3,243 | 1,033 |
| Net cash used in investing activities | (45,566) | (61,053) |
| Cash flows from financing activities: | ||
| Proceeds from borrowings | 231,999 | 48,106 |
| Repayment of borrowings | (82,044) | (142,691) |
| Purchase of Treasury shares | (170,964) | — |
| Taxes paid in lieu of share issuance | (2,521) | (2,832) |
| Dividends paid | (24,738) | (24,356) |
| Net cash used in financing activities | (48,268) | (121,773) |
| Effect of exchange rate changes on cash and cash equivalents | 8,089 | (3,357) |
| Decrease in cash and cash equivalents | (6,973) | (46,198) |
| Cash and cash equivalents at beginning of period | 115,283 | 173,420 |
| Cash and cash equivalents at end of period | $108,310 | $127,222 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.