Albany international corp. (AIN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Net sales

235,764

257,677

271,133

273,949

251,373

251,613

251,889

255,374

223,603

226,728

222,141

215,571

199,277

213,046

191,272

203,190

172,331

177,466

178,789

172,289

181,324

191,659

179,861

193,518

180,307

189,639

183,147

197,974

186,654

194,335

194,589

191,940

180,077

190,632

200,252

189,681

206,722

73,150

228,414

227,450

213,873

Cost of goods sold

146,292

161,036

167,026

168,767

159,602

163,691

159,487

163,731

145,821

149,210

142,582

152,393

123,249

134,998

118,852

124,875

99,830

105,800

103,045

117,697

104,640

118,795

111,242

118,175

105,498

117,288

115,146

120,541

113,885

115,376

114,938

113,440

111,791

117,313

122,190

115,741

117,877

40,776

141,879

141,615

136,644

Gross profit

89,472

96,641

104,107

105,182

91,771

87,922

92,402

91,643

77,782

77,518

79,559

63,178

76,028

78,048

72,420

78,315

72,501

71,666

75,744

54,592

76,684

72,864

68,619

75,343

74,809

72,351

68,001

77,433

72,769

78,959

79,651

78,500

68,286

73,319

78,062

73,940

88,845

32,374

86,535

85,835

77,229

Selling, general, and administrative expenses

40,106

42,049

39,841

40,816

40,945

38,543

39,058

36,700

41,888

40,646

40,575

41,314

40,407

37,361

38,042

43,534

39,421

35,518

35,509

39,932

35,233

34,411

33,618

40,012

39,157

39,998

39,143

41,994

36,553

44,439

41,166

37,146

47,023

45,569

35,947

45,403

47,476

7,322

53,412

46,482

52,910

Technical and research expenses

9,130

9,246

8,832

9,242

10,249

10,109

9,958

10,198

10,317

10,386

10,553

9,973

10,262

10,666

9,232

10,276

10,132

11,366

10,675

10,411

12,301

15,938

14,924

14,397

13,869

14,627

13,347

14,631

13,062

13,943

12,634

13,646

12,739

14,500

12,666

14,326

14,354

11,212

14,129

14,884

13,166

Restructuring expenses, net

642

1,766

-244

899

484

1,856

2,552

2,589

8,573

3,271

5,503

2,036

2,681

835

326

6,648

679

9,917

3,717

1,211

9,001

1,701

919

1,957

1,182

-2,105

2,256

24,321

636

912

2,739

3,152

258

4,861

2,691

1,731

34

824

842

689

1,392

Pension settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-110,560

-9,175

0

0

0

0

-

-

-

-

Operating income

39,594

43,580

55,678

54,225

40,093

37,414

40,834

42,156

17,004

23,215

22,928

9,855

22,678

29,186

24,820

17,857

22,269

14,865

25,843

3,038

20,149

12,624

19,158

18,977

20,601

19,831

13,255

-3,513

22,518

19,665

23,112

-86,004

-909

8,389

26,758

12,480

26,981

13,016

18,152

23,780

9,761

Interest expense, net

-3,977

32,685

-3,987

-4,631

-4,417

33,772

-4,621

-4,621

-4,288

31,644

-4,429

-4,285

-4,328

20,675

-3,681

-3,691

2,238

3,792

2,671

2,702

2,676

20,375

-2,486

-2,717

-2,918

26,283

-3,484

-3,547

-4,025

30,728

-3,997

-3,969

-4,644

34,087

-4,377

-4,786

-4,776

23,295

-4,833

-3,882

3,825

Other expense/(income), net

-15,569

-349

1,628

-930

1,208

-5,010

3,151

-726

-1,452

-4,023

530

-2,558

-826

-4,505

-242

2,017

328

-1,649

-1,249

-2,820

3,285

2,389

1,864

2,133

467

-1,619

-2,692

-2,211

-734

-2,567

-3,069

2,555

-4,548

2,172

9

-7

-4,813

1,624

-5,920

2,991

2,281

Income before income taxes

20,048

39,345

53,319

48,664

36,884

27,810

39,364

36,809

11,264

15,143

19,029

3,012

17,524

20,827

20,897

16,183

20,359

11,281

21,923

-2,484

20,758

12,421

18,536

18,393

18,150

15,509

7,079

-9,271

17,759

13,107

16,046

-87,418

-10,101

6,379

22,390

7,687

17,392

9,940

7,399

22,889

8,217

Income tax expense

12,454

9,754

13,194

14,405

7,476

10,538

11,359

6,966

3,365

9,985

3,809

1,779

6,550

4,841

7,488

6,082

7,043

-26,185

12,243

-364

8,519

4,316

6,762

7,216

7,457

6,986

2,381

-2,243

6,248

5,127

6,965

-29,643

-9,972

17,558

7,897

3,139

3,988

-439

3,732

15,102

2,627

Net income

7,594

29,591

40,125

34,259

29,408

17,272

28,005

29,843

7,899

5,158

15,220

1,233

10,974

15,986

13,409

10,101

13,316

37,466

9,680

-2,120

12,239

8,105

11,774

11,177

10,693

8,828

4,698

-7,379

11,511

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations before earnings of associated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,667

7,787

5,590

Equity in (earnings)/losses from associated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-40

90

8

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,523

4,698

-7,028

11,511

7,980

9,081

-57,775

-129

-11,179

14,493

4,548

13,404

-

-

-

-

Loss from operations of discontinued businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

0

-575

0

0

0

2,760

2,016

9,701

3,316

6,434

4,650

-

-

-

-

Gain on sale of discontinued businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-80

-301

34,709

57,968

0

0

0

0

-

-

-

-

Income tax benefit on discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

195

0

-224

0

-318

-683

13,439

12,814

5,753

1,135

2,220

1,321

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

305

0

-351

0

238

382

24,030

47,170

3,948

2,181

4,214

3,329

-

-

-

-

Net (loss)/income attributable to the noncontrolling interest

-1,515

446

116

205

218

-319

269

-59

237

-728

-49

116

135

190

340

-266

-185

-114

22

52

26

188

-38

-42

72

141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to the Company

9,109

29,145

40,009

34,054

29,190

17,591

27,736

29,902

7,662

5,886

15,269

1,117

10,839

15,796

13,069

10,367

13,501

37,580

9,658

-2,172

12,213

7,917

11,812

11,219

10,621

8,687

4,698

-7,379

11,511

8,218

9,463

-33,745

47,041

-7,231

16,674

8,762

16,733

20,534

3,627

7,877

5,598

Earnings per share attributable to Company shareholders - Basic
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.25

0.15

-0.22

0.37

0.25

0.29

-1.84

0.00

-0.36

0.46

0.15

0.43

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

-0.01

0.00

0.02

0.01

0.76

1.50

0.13

0.07

0.13

0.11

-

-

-

-

Earnings per share attributable to Company shareholders - Basic

0.28

0.91

1.24

1.05

0.90

0.54

0.86

0.93

0.24

0.19

0.47

0.03

0.34

0.49

0.41

0.32

0.42

1.18

0.30

-0.07

0.38

0.26

0.37

0.35

0.33

0.26

0.15

-0.23

0.37

0.27

0.30

-1.08

1.50

-0.23

0.53

0.28

0.54

0.66

0.12

0.25

0.18

Earnings per share attributable to Company shareholders - Diluted
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.26

0.15

-0.22

0.36

0.25

0.29

-1.84

0.00

-0.36

0.46

0.14

0.43

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

-0.01

0.00

0.01

0.01

0.76

1.49

0.13

0.07

0.14

0.10

-

-

-

-

Earnings per share attributable to Company shareholders - Diluted

0.28

0.91

1.24

1.05

0.90

0.54

0.86

0.93

0.24

0.19

0.47

0.03

0.34

0.49

0.41

0.32

0.42

1.18

0.30

-0.07

0.38

0.25

0.37

0.35

0.33

0.27

0.15

-0.23

0.36

0.26

0.30

-1.08

1.49

-0.23

0.53

0.28

0.53

0.66

0.12

0.25

0.18

Shares of the Company used in computing earnings per share:
Basic

32,312

-

32,306

32,299

32,272

-

32,264

32,257

32,220

-

32,187

32,166

32,128

-

32,104

32,093

32,041

-

32,012

31,999

31,882

-

31,848

31,832

31,786

-

31,719

31,628

31,496

-

31,363

31,349

31,309

-

31,278

31,263

31,223

-

31,118

31,058

30,943

Diluted

32,320

-

32,317

32,311

32,285

-

32,280

32,273

32,236

-

32,214

32,200

32,164

-

32,141

32,131

32,081

-

32,055

31,999

31,972

-

31,946

31,935

31,892

-

31,841

31,628

31,782

-

31,550

31,349

31,533

-

31,462

31,489

31,384

-

31,211

31,161

31,033

Dividends declared per share, Class A and Class B

0.19

0.19

0.18

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.16

0.16

0.16

0.16

0.15

0.15

0.15

0.15

0.14

0.14

0.14

0.14

0.13

0.14

0.13

0.12

0.12

0.12

0.12

0.12

0.12