Albany international corp. (AIN)
Income statement / TTM
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

1,038,523

1,054,132

1,048,068

1,028,824

1,010,249

982,479

957,594

927,846

888,043

863,717

850,035

819,166

806,785

779,839

744,259

731,776

700,875

709,868

724,061

725,133

746,362

745,345

743,325

746,611

751,067

757,414

762,110

773,552

767,518

760,941

757,238

762,901

760,642

787,287

669,805

697,967

735,736

742,887

0

0

0

Cost of goods sold

643,121

656,431

659,086

651,547

646,511

632,730

618,249

601,344

590,006

567,434

553,222

529,492

501,974

478,555

449,357

433,550

426,372

431,182

444,177

452,374

452,852

453,710

452,203

456,107

458,473

466,860

464,948

464,740

457,639

455,545

457,482

464,734

467,035

473,121

396,584

416,273

442,147

460,914

0

0

0

Gross profit

395,402

397,701

388,982

377,277

363,738

349,749

339,345

326,502

298,037

296,283

296,813

289,674

304,811

301,284

294,902

298,226

274,503

278,686

279,884

272,759

293,510

291,635

291,122

290,504

292,594

290,554

297,162

308,812

309,879

305,396

299,756

298,167

293,607

314,166

273,221

281,694

293,589

281,973

0

0

0

Selling, general, and administrative expenses

162,812

163,651

160,145

159,362

155,246

156,189

158,292

159,809

164,423

162,942

159,657

157,124

159,344

158,358

156,515

153,982

150,380

146,192

145,085

143,194

143,274

147,198

152,785

158,310

160,292

157,688

162,129

164,152

159,304

169,774

170,904

165,685

173,942

174,395

136,148

153,613

154,692

160,126

0

0

0

Technical and research expenses

36,450

37,569

38,432

39,558

40,514

40,582

40,859

41,454

41,229

41,174

41,454

40,133

40,436

40,306

41,006

42,449

42,584

44,753

49,325

53,574

57,560

59,128

57,817

56,240

56,474

55,667

54,983

54,270

53,285

52,962

53,519

53,551

54,231

55,846

52,558

54,021

54,579

53,391

0

0

0

Restructuring expenses, net

3,063

2,905

2,995

5,791

7,481

15,570

16,985

19,936

19,383

13,491

11,055

5,878

10,490

8,488

17,570

20,961

15,524

23,846

15,630

12,832

13,578

5,759

1,953

3,290

25,654

25,108

28,125

28,608

7,439

7,061

11,010

10,962

9,541

9,317

5,280

3,431

2,389

3,747

0

0

0

Pension settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-119,735

-119,735

-119,735

-9,175

0

0

0

0

-

-

-

-

Operating income

193,077

193,576

187,410

172,566

160,497

137,408

123,209

105,303

73,002

78,676

84,647

86,539

94,541

94,132

79,811

80,834

66,015

63,895

61,654

54,969

70,908

71,360

78,567

72,664

50,174

52,091

51,925

61,782

-20,709

-44,136

-55,412

-51,766

46,718

74,608

79,235

70,629

81,929

64,709

0

0

0

Interest expense, net

20,090

19,650

20,737

20,103

20,113

20,242

18,114

18,306

18,642

18,602

7,633

8,381

8,975

15,541

-1,342

5,010

11,403

11,841

28,424

23,267

17,848

12,254

18,162

17,164

16,334

15,227

19,672

19,159

18,737

18,118

21,477

21,097

20,280

20,148

9,356

8,900

9,804

18,405

0

0

0

Other expense/(income), net

-15,220

1,557

-3,104

-1,581

-1,377

-4,037

-3,050

-5,671

-7,503

-6,877

-7,359

-8,131

-3,556

-2,402

454

-553

-5,390

-2,433

1,605

4,718

9,671

6,853

2,845

-1,711

-6,055

-7,256

-8,204

-8,581

-3,815

-7,629

-2,890

188

-2,374

-2,639

-3,187

-9,116

-6,118

976

0

0

0

Income before income taxes

161,376

178,212

166,677

152,722

140,867

115,247

102,580

82,245

48,448

54,708

60,392

62,260

75,431

78,266

68,720

69,746

51,079

51,478

52,618

49,231

70,108

67,500

70,588

59,131

31,467

31,076

28,674

37,641

-40,506

-68,366

-75,094

-68,750

26,355

53,848

57,409

42,418

57,620

48,445

0

0

0

Income tax expense

49,807

44,829

45,613

43,778

36,339

32,228

31,675

24,125

18,938

22,123

16,979

20,658

24,961

25,454

-5,572

-817

-7,263

-5,787

24,714

19,233

26,813

25,751

28,421

24,040

14,581

13,372

11,513

16,097

-11,303

-27,523

-15,092

-14,160

18,622

32,582

14,585

10,420

22,383

21,022

0

0

0

Net income

111,569

133,383

121,064

108,944

104,528

83,019

70,905

58,120

29,510

32,585

43,413

41,602

50,470

52,812

74,292

70,563

58,342

57,265

27,904

29,998

43,295

41,749

42,472

35,396

16,840

17,658

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations before earnings of associated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Equity in (earnings)/losses from associated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,704

17,161

21,544

-29,203

-40,843

-60,002

-54,590

7,733

21,266

0

0

0

-

-

-

-

Loss from operations of discontinued businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-75

-575

-575

2,760

4,776

14,477

17,793

21,467

24,101

0

0

0

-

-

-

-

Gain on sale of discontinued businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,328

92,296

92,376

92,677

57,968

0

0

0

0

-

-

-

-

Income tax benefit on discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-29

-542

-1,225

12,438

25,252

31,323

33,141

21,922

10,429

0

0

0

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46

-113

269

24,650

71,820

75,530

77,329

57,513

13,672

0

0

0

-

-

-

-

Net (loss)/income attributable to the noncontrolling interest

-748

985

220

373

109

128

-281

-599

-424

-526

392

781

399

79

-225

-543

-225

-14

288

228

134

180

133

171

213

141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to the Company

112,317

132,398

120,844

108,571

104,419

82,891

71,186

58,719

29,934

33,111

43,021

40,821

50,071

52,733

74,517

71,106

58,567

57,279

27,616

29,770

43,161

41,569

42,339

35,225

16,627

17,517

17,048

21,813

-4,553

30,977

15,528

22,739

65,246

34,938

62,703

49,656

48,771

37,636

0

0

0

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