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ALBANY INTL A   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Sales1,182.811,230.621,147.911,034.89929.24900.611,054.13982.48863.72779.84
Total Revenues1,182.811,230.621,147.911,034.89929.24900.611,054.13982.48863.72779.84
Cost of goods sold938.89828.84724.19645.11550.85529.54656.43632.73567.94479.27
Gross Profit243.92401.78423.72389.78378.39371.07397.70349.75295.78300.57
Goodwill impairment charge--------------------
Technical and research expenses48.0246.1040.6339.9438.9235.3537.5740.5841.1740.30
Selling and general expenses218.33210.88214.92168.71160.13163.91163.65156.19164.96160.11
Pension settlement expense--------------------
Restructuring & Others13.6813.440.280.111.335.742.9115.5713.498.38
Operating income (Loss)(36.10)131.36167.89181.02178.01166.08193.58137.4176.1591.78
Interest expense, net25.7616.6120.1717.8417.3916.3319.6520.2418.6015.54
Interest income5.164.066.573.842.502.752.732.121.512.08
Other--------------------
Other income (expense) net(5.08)(1.72)6.1614.09(3.02)(13.42)1.56(4.04)(4.35)(0.05)
Currency transactions--------------------
Costs associated with sale of accounts receivable--------------------
Investment write-off--------------------
Debt finance fee write-off--------------------
License fee expense, net--------------------
Amortization of debt issuance costs and loan origination fees--------------------
Gain on early retirement of debt--------------------
Lease with embedded derivative--------------------
Sale of buildings--------------------
Royalties charged to discontinued operation--------------------
Letter of credit fees--------------------
Pension settlement expense------(49.13)------------
Gain on insurance recovery--------------------
Aviation Manufacturing Jobs Protection (AMJP) grant--------5.83----------
Income (loss) before income taxes(61.79)117.09160.46131.98165.93139.07178.21115.2554.7178.27
Current: Federal1.924.5017.014.403.351.420.780.301.553.73
Current: State2.02--2.03--2.662.036.365.001.770.18
Income taxes(4.83)29.0348.8535.4747.1641.8344.8332.2322.1225.45
Deferred: Federal(25.28)1.70(1.70)(9.59)9.9111.2110.5810.701.882.14
Deferred: State(1.73)(0.80)0.86(1.87)(0.02)0.190.25(0.34)(1.24)1.98
Current- Non-U.S27.50--34.11----26.9225.2621.56(1.12)19.98
Deferred- Non-U.S(9.26)(13.32)(3.46)3.421.950.071.60(4.99)19.28(2.55)
Equity in earnings/(losses) of associated companies--------------------
Income (loss) from Continuing Operations--------------------
Income/(loss) from discontinued operations--------------------
Income taxes on discontinued operations--------------------
Gain on sale of discontinued business--------------------
Net income before cumulative effect of a change in accounting principle--------------------
Cumulative Effect of Change In Accounting Principle, Net of Taxes--------------------
Net Income (Loss)(56.96)88.06111.6196.51118.7797.24133.3883.0232.5952.81
Net income attributable to the noncontrolling interest0.380.430.490.750.29(1.35)0.990.13(0.53)0.08
Net Income (Loss) Available to Common Shareholders(57.34)87.62111.1295.76118.4898.59132.4082.8933.1152.73
EPS (BASIC): Continued Operation--------------------
EPS (BASIC): Discontinued operation--------------------
EPS (BASIC): Cumulative effect of change in accounting principle--------------------
Net Earnings Per Share (Basic)(1.94)2.813.563.063.663.054.102.571.031.64
EPS (DILUTED): Continued Operation--------------------
EPS (DILUTED): Discontinued operation--------------------
EPS (DILUTED): Cumulative effect of change in accounting principle--------------------
Net Earnings Per Share (Diluted)(1.94)2.803.553.043.653.054.102.571.031.64
Weighted Average Shares Outstanding (Basic)29.5731.2331.1731.3432.3532.3332.3032.2532.1732.09
Weighted Average Shares Outstanding (Diluted)29.5731.3431.2831.4632.4632.3632.3232.3032.2432.17