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Document and Entity Information shares in Millions	6 Months Ended
Document and Entity Information shares in Millions	Jun. 30, 2012 shares
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Entity Registrant Name	ALBANY INTERNATIONAL CORP /DE/
Entity Central Index Key	0000819793
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding	28.1
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding	3.2

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Net sales	$ 191,940	$ 189,681	$ 372,017	$ 389,635
Cost of goods sold	113,440	115,741	225,231	230,507
Gross profit	78,500	73,940	146,786	159,128
Selling, general, and administrative expenses	37,146	45,403	84,169	91,370
Technical, product engineering, and research expenses	13,646	14,326	26,385	28,439
Restructuring and other, net	3,152	1,731	3,410	1,765
Pension settlement expense	110,560		119,735
Operating (loss)/income	(86,004)	12,480	(86,913)	37,554
Interest expense, net	3,969	4,786	8,613	9,562
Other (income)/expense, net	(2,555)	7	1,993	4,820
(Loss)/income before income taxes	(87,418)	7,687	(97,519)	23,172
Income tax (benefit)/expense	(29,643)	3,139	(39,615)	6,406
(Loss)/income from continuing operations	(57,775)	4,548	(57,904)	16,766
Income from operations of discontinued business	2,760	6,434	4,776	12,991
Gain on sale of discontinued business	34,709		92,677
Income taxes on discontinued operations	13,439	2,220	26,253	4,262
Income from discontinued operations	24,030	4,214	71,200	8,729
Net (loss)/income	$ (33,745)	$ 8,762	$ 13,296	$ 25,495
Earnings per share - Basic
(Loss)/income from continuing operations	$ (1.84)	$ 0.15	$ (1.85)	$ 0.54
Discontinued operations	0.76	0.13	2.27	0.28
Net (loss)/income	(1.08)	0.28	0.42	0.82
Earnings per share - Diluted
(Loss)/income from continuing operations	(1.84)	0.14	(1.84)	0.53
Discontinued operations	0.76	0.14	2.26	0.28
Net (loss)/income	$ (1.08)	$ 0.28	$ 0.42	$ 0.81
Shares used in computing earnings per share:
Basic	31,349	31,263	31,329	31,243
Diluted	31,349	31,489	31,518	31,455
Dividends per share	$ 0.14	$ 0.12	$ 0.27	$ 0.25

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) [Abstract]
Net (loss)/income	$ (33,745)	$ 8,762	$ 13,296	$ 25,495
Other comprehensive income/(loss), before tax:
Foreign currency translation adjustments	(20,540)	13,831	(7,222)	39,743
Pension settlement	110,197		118,350
Pension plan remeasurement	(24,617)		(24,617)
Amortization of pension liability adjustment
Transition obligation	18	22	37	44
Prior service cost/(credit)	(909)	(907)	(1,817)	(1,815)
Net actuarial loss	1,870	2,175	4,447	4,350
Derivative valuation adjustment	(318)	(2,176)	(664)	(1,516)
Income taxes related to items of other comprehensive (loss)/income:
Pension settlement	(37,002)		(39,146)
Pension plan remeasurement	7,270		7,270
Amortization of pension liability adjustment	(304)	(399)	(827)	(799)
Derivative valuation adjustment	124	848	259	591
Other comprehensive income, net of tax	35,789	13,394	56,070	40,598
Comprehensive income/(loss)	$ 2,044	$ 22,156	$ 69,366	$ 66,093

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 164,592	$ 118,909
Accounts receivable, net	160,374	147,511
Inventories	128,973	129,803
Income taxes receivable and deferred	22,662	30,010
Prepaid expenses and other current assets	10,071	13,349
Current assets of discontinued operations		67,351
Total current assets	486,672	506,933
Property, plant and equipment, net	420,686	438,953
Intangibles	964	1,079
Goodwill	74,171	75,469
Deferred taxes	117,247	134,644
Other assets	37,482	23,383
Noncurrent assets of discontinued operations		50,467
Total assets	1,137,222	1,230,928
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes and loans payable	357	424
Accounts payable	31,199	32,708
Accrued liabilities	108,277	105,104
Current maturities of long-term debt	30,355	1,263
Income taxes payable and deferred	2,669	8,766
Current liabilities of discontinued operations		22,446
Total current liabilities	172,857	170,711
Long-term debt	313,632	373,125
Other noncurrent liabilities	111,563	185,596
Deferred taxes and other credits	61,466	71,529
Noncurrent liabilities of discontinued operations		14,117
Total liabilities	659,518	815,078
SHAREHOLDERS' EQUITY
Preferred stock, par value $5.00 per share; authorized 2,000,000 shares; none issued
Common Stock	40	40
Additional paid in capital	392,187	391,495
Retained earnings	426,880	422,044
Accumulated items of other comprehensive income:
Translation adjustments	(28,715)	(19,111)
Pension and postretirement liability adjustments	(52,026)	(118,104)
Derivative valuation adjustment	(2,998)	(2,594)
Treasury stock (Class A), at cost 8,467,873 shares in 2012, and 8,479,487 shares in 2011	(257,664)	(257,920)
Total shareholders' equity	477,704	415,850
Total liabilities and shareholders' equity	1,137,222	1,230,928
Class A Common Stock [Member]
SHAREHOLDERS' EQUITY
Common Stock	37	37
Class B Common Stock [Member]
SHAREHOLDERS' EQUITY
Common Stock	$ 3	$ 3

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2012	Dec. 31, 2011
Preferred stock, par value per share	$ 5.0	$ 5.0
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common Stock, shares outstanding	31,357,529	31,297,453
Treasury stock, shares	8,467,873	8,479,487
Class A Common Stock [Member]
Common Stock, par value per share	$ 0.001	$ 0.001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	36,589,304	36,540,842
Class B Common Stock [Member]
Common Stock, par value per share	$ 0.001	$ 0.001
Common Stock, shares authorized	25,000,000	25,000,000
Common Stock, shares issued	3,236,098	3,236,098
Common Stock, shares outstanding	3,236,098	3,236,098

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
OPERATING ACTIVITIES
Net (loss)/income	$ (33,745)	$ 8,762	$ 13,296	$ 25,495
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Depreciation	14,340	14,393	28,685	28,526
Amortization	1,767	2,312	3,553	4,489
Noncash interest expense	209	181	614	377
Change in long-term liabilities, deferred taxes and other credits	(57,293)	2,189	(117,852)	(24)
Provision for write-off of property, plant and equipment	677	23	200	64
Write-off of pension liability adjustment due to settlement	110,197		118,350
(Gain) on disposition of assets	(34,709)	(594)	(92,677)	(1,022)
Excess tax benefit of options exercised	(8)	(21)	(11)	(35)
Compensation and benefits paid or payable in Class A Common Stock	566	950	1,403	1,290
Changes in operating assets and liabilities, net of business acquisitions and divestitures:
Accounts receivable	(13,893)	5,049	(10,525)	6,905
Inventories	3,783	(8,940)	(129)	(17,312)
Prepaid expenses and other current assets	619	797	(997)	(2,473)
Accounts payable	(6,199)	1,654	(25)	3,902
Accrued liabilities	9,179	1,343	7,364	(4,090)
Income taxes payable	(4,486)	1,161	(2,530)	4,859
Other, net	(1,784)	1,491	(2,167)	847
Net cash (used in)/provided by operating activities	(10,780)	30,750	(53,448)	51,798
INVESTING ACTIVITIES
Purchases of property, plant and equipment	(9,881)	(8,975)	(14,190)	(13,894)
Purchased software	22	(705)	(8)	(1,752)
Proceeds from sale of assets		1,159		2,860
Proceeds from sale of discontinued operations	38,081		150,654
Net cash provided by/(used in) investing activities	28,222	(8,521)	136,456	(12,786)
FINANCING ACTIVITIES
Proceeds from borrowings	29,164	4	38,164	644
Principal payments on debt	(11,981)	(980)	(69,223)	(7,997)
Proceeds from options exercised	79	192	268	301
Excess tax benefit of options exercised	8	21	11	35
Debt issuance costs
Dividends paid	(4,069)	(3,750)	(8,138)	(7,494)
Net cash provided by/(used in) financing activities	13,201	(4,513)	(38,918)	(14,511)
Effect of exchange rate changes on cash and cash equivalents	(6,976)	1,812	1,593	10,244
Increase in cash and cash equivalents	23,667	19,528	45,683	34,745
Change in cash balances of discontinued operations		(5,352)		(976)
Cash and cash equivalents at beginning of period	140,925	137,518	118,909	117,925
Cash and cash equivalents at end of period	$ 164,592	$ 151,694	$ 164,592	$ 151,694

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2012
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation In our opinion, the accompanying unaudited consolidated financial statements contain all adjustments, consisting of only normal, recurring adjustments, necessary for a fair presentation of results for such periods. The results for any interim period are not necessarily indicative of results for the full year. The preparation of financial statements for interim periods does not require all of the disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted. The December 31, 2011 financial position data included herein was derived from the audited consolidated financial statements included in the 2011 Form 10-K but does not include all disclosures required by U.S. GAAP. These consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K as filed with the SEC for the year ended December 31, 2011. Effective with the first quarter of 2012, we merged our Paper Machine Clothing (PMC) and Engineered Fabrics (EF) business segments. The combined segment is called Machine Clothing (MC). The change was made to better align financial reporting with our organizational structure. In the fourth quarter of 2011, we announced the sale of our Albany Doors business (ADS) and, beginning with the fourth quarter of 2011, we presented the results of that business as a discontinued operation. Additionally, in the second quarter of 2012, the Company announced the sale of its PrimaLoft^® Products business and, the Company is now presenting the results of that business as a discontinued operation. On July 20, 2012, the Company filed a Form 8-K and a Form 8-K/A with tables that illustrate the effects of these changes on previously-issued financial statements.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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+ Details

Discontinued Operations

6 Months Ended

Jun. 30, 2012

Discontinued Operations [Abstract]

Discontinued Operations

2. Discontinued Operations

In October, 2011 we entered into a contract to sell the assets and liabilities of our Albany Door Systems business to Assa Abloy AB for $130 million. Closing on the transaction occurred on January 11, 2012. Under the terms of the contract, Assa Abloy AB acquired our equity ownership of Albany Doors Systems GmbH in Germany, Albany Door Systems AB in Sweden, and other ADS affiliates in Germany, France, the Netherlands, Turkey, Poland, Belgium, New Zealand, and other countries, as well as the remaining ADS business assets, most of which are located in the United States, Australia, China, and Italy. In the second quarter of 2012, the purchaser completed certain legal registration activities in China, allowing the parties to complete the transfer of assets and liabilities of the ADS business in that country.

In the first quarter of 2012 the Company recorded a pre-tax gain of $58.0 million, including $17.4 million which was payable by the purchaser as of March 31, 2012. In the second quarter of 2012, we recorded adjustments to the sale transaction which had the effect of reducing the gain by $0.3 million. The initial purchase price of $130 million included $13 million to be paid in July 2013. We recorded the value of that consideration on a present value basis and, as of June 30, 2012, we have a receivable of $12.5 million included in Other assets. Additionally, in March 2012, we agreed with the purchaser on certain post-closing adjustments and in April 2012, we received a payment of $5.0 million to reflect that agreement.

In May 2012, we announced an agreement to sell our PrimaLoft^® Products business for $38.0 million and that transaction closed on June 29, 2012. The Company recorded a pre-tax gain of $35.0 million as result of that sale. The purchase price included $4.0 million which is held in escrow and is included in Accounts receivable as of June 30, 2012.

In accordance with the applicable accounting guidance for discontinued businesses, the associated results of operations and financial position are reported separately in the accompanying Consolidated Statements of Operations and Balance Sheets. Cash flows of the discontinued operation were combined with cash flows from continuing operations in the consolidated statements of cash flows.

The table below summarizes operating results of the discontinued operations:

	Three months	Three months	Six months	Six months
	ended	ended	ended	ended
(in thousands)	June 30, 2012	June 30, 2011	June 30, 2012	June 30, 2011

Net sales	$10,283	$54,334	$19,774	$106,230

Income from operations of discontinued business before tax	2,760	6,434	4,776	12,991

Gain on disposition of discontinued operations	34,709	-	92,677	-

Income tax expense	13,439	2,220	26,253	4,262

The table below summarizes major categories of assets and liabilities for the discontinued businesses that are included in the accompanying balance sheets:

	Primaloft^®	Albany Door Systems	Total
	December 31,	December 31,	December 31,
(in thousands)	2011	2011	2011
Assets of Discontinued Operations:

Cash	$ -	$ 13,545	$ 13,545
Accounts receivable, net of allowance for doubtful accounts	1,338	35,120	36,458
Inventories	3,846	12,661	16,507
Property, plant and equipment, net	563	6,344	6,907
Goodwill and intangibles	-	39,227	39,227
Other current and noncurrent assets	60	5,114	5,174
Total assets of discontinued operation	$ 5,807	$ 112,011	$ 117,818

Liabilities of Discontinued Operations:

Accounts payable	$ 955	$ 8,300	$ 9,255
Accrued liabilities	545	10,883	11,428
Other current liabilities	-	1,763	1,763
Liabilities for defined benefit pension plans	-	9,513	9,513
Other noncurrent liabilities	52	4,552	4,604
Total liabilities of discontinued operation	$ 1,552	$ 35,011	$ 36,563

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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+ Details

Reportable Segment Data

6 Months Ended

Jun. 30, 2012

Reportable Segment Data [Abstract]

Reportable Segment Data

3. Reportable Segment Data

The following table shows data by reportable segment, reconciled to consolidated totals included in the financial statements:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2012		2011		2012		2011

Net Sales
Machine Clothing	$177,122		$179,177		$341,410		$367,659
Engineered Composites	14,818		10,504		30,607		21,976
Consolidated total	$191,940		$189,681		$372,017		$389,635

Operating income
Machine Clothing	$44,997		$37,709		$75,842		$87,980
Engineered Composites	(369	)	(1,144	)	(340	)	(2,187	)
Research expense	(7,253	)	(7,212	)	(13,318	)	(14,377	)
Unallocated expenses	(123,379	)	(16,873	)	(149,097	)	(33,862	)
Operating (loss)/income before reconciling items	(86,004	)	12,480		(86,913	)	37,554

Reconciling items:
Interest expense, net	3,969		4,786		8,613		9,562
Other (income)/expense, net	(2,555	)	7		1,993		4,820
(Loss)/income before income taxes	($87,418	)	$7,687		($97,519	)	$23,172

The table below presents pension settlement and restructuring costs by reportable segment for the three and six month periods ended June 30, 2012 and 2011:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012		2011

Pension settlement
Unallocated expenses	$110,560	$ -	$119,735		$ -

Restructuring expense
Machine Clothing	$ 2,903	$ 572	$ 3,576		$ 605
Engineered Composites	-	44	-		57
Unallocated expenses	249	1,115	(166	)	1,103
Consolidated total	$ 3,152	$1,731	$ 3,410		$1,765

The 2012 expense was principally related to a reduction in workforce in Sweden and the previously announced curtailment of manufacturing in New York and Wisconsin. Those costs were partially offset by a reduction in accruals related to the relocation of the Company's headquarters. The 2011 expense was principally due to the same integration and the substantial completion of the SAP conversion project.

There were no material changes in the total assets of reportable segments during this period.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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+ Details

Pensions and Other Benefits

6 Months Ended

Jun. 30, 2012

Pensions and Other Benefits [Abstract]

Pensions and Other Benefits

4. Pensions and Other Benefits

We sponsor defined benefit pension plans in various countries. The amount of contributions to the plans is based on several factors including the funding rules in each country. We also provide certain medical, dental and life insurance benefits ("Other Postretirement Benefits") for retired United States and Canadian employees that meet program qualifications. We currently fund this plan as claims are paid.

The components of net periodic benefit cost for the six months ended June 30, 2012 and 2011 are, as follows:

	Pension Plans				Other Postretirement Benefits
(in thousands)	2012		2011		2012		2011

Service cost	$1,699		$1,698		$536		$456
Interest cost	7,589		10,068		1,844		1,909
Expected return on plan assets	(7,184	)	(7,962	)	-		-

Amortization:
Transition obligation	37		44		-		-
Prior service cost/(credit)	17		18		(1,834	)	(1,833	)
Net actuarial loss	2,839		2,844		1,608		1,506

Settlement charge	119,735		-		-		-
Net periodic benefit costs	$124,732		$6,710		$2,154		$2,038

In the first quarter of 2012, the Company announced a plan to significantly reduce its pension plan liabilities by settling certain pension obligations leading to settlement charges totaling $119.7 million for the first six months of 2012. In the first quarter of 2012, we recorded a settlement charge of $9.2 million related to the extinguishment of our pension plan liability in Sweden. In the second quarter of 2012, we recorded settlement charges totaling $110.6 million related to settling a majority of the defined benefit pension plan liabilities in the United States and Canada. As a result of settling these pension liabilities and making additional voluntary contributions, the combined unfunded pension liability declined from $101.2 million as of December 31, 2011 to $26.9 million at June 30, 2012.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 8
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Number 132R
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Restructuring

6 Months Ended

Jun. 30, 2012

Restructuring [Abstract]

Restructuring

5. Restructuring

Restructuring expenses in 2012 were principally related to a reduction in workforce in Sweden and the previously announced curtailment of manufacturing in New York and Wisconsin. Those costs were partially offset by a reduction in accruals related to the relocation of the Company's headquarters.

The following tables summarize charges reported in the Statement of Operations under "Restructuring and other, net" for 2012 and 2011:

	Three months ended		Six months ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011
Machine Clothing	$2,903	$572	$3,576	$605
Engineered Composites	-	44	-	57
Unallocated expenses	249	1,115	(166)	1,103
Total	$3,152	$1,731	$3,410	$1,765

Six months ended June 30, 2012	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
Machine Clothing	$3,576	$3,576	$ -
Engineered Composites	-	-	-
Unallocated expenses	(166)	380	(546)
Total	$3,410	$3,956	$(546)


Six months ended June 30, 2011	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
Machine Clothing	$605	$605	$ -
Engineered Composites	57	57	-
Unallocated expenses	1,103	1,103	-
Total	$1,765	$1,765	$ -

The tables below present year-to-date summaries of changes in restructuring liabilities for 2012 and 2011:

(in thousands)	Restructuring charges accrued December 31, 2011	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2012

Termination costs	$6,979	$3,830	($2,778)	($243)	$7,788

(in thousands)	Restructuring charges accrued December 31, 2010	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2011

Termination costs	$2,809	1,645	($1,502)	$135	$3,087

We expect that substantially all accruals for restructuring liabilities as of June 30, 2012 will be paid within one year.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Other (Income)/Expense, net

6 Months Ended

Jun. 30, 2012

Other (Income)/Expense, net [Abstract]

Other (Income)/Expense, net

6. Other (Income)/Expense, net

Other expense, net consists of the following:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011
Currency transactions	($3,133)	($491)	$699	$3,375
Amortization of debt issuance costs and loan origination fees	533	436	1,209	922
Letter of credit fees	351	(16)	770	587
Other, net	(306)	78	(685)	(64)
Total	($2,555)	$7	$1,993	$4,820

Income Taxes

6 Months Ended

Jun. 30, 2012

Income Taxes [Abstract]

Income Taxes

7. Income Taxes

The following table presents components of income tax expense/(benefit) for the three and six month periods ended June 30, 2012 and 2011:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011

Income tax expense/(benefit) based on income from continuing operations, at estimated tax rates of 26.5% in 2012 and 33.6% in 2011, respectively	$6,133	$2,582	$5,896	$7,784
Settlement of pension plan	(37,047)	-	(39,460)	-
Tax rate adjustment on pension plan settlement	886	-	-	-
Provision for change in estimated tax rates	(297)	522	-	-
Income tax from continuing operations before discrete items	($30,325)	$3,104	($33,564)	$7,784

Discrete tax expense(benefit):
Provision for/resolution of tax audits and contingencies	682	35	(6,051)	(1,378)
Total income tax expense/(benefit)	($29,643)	$3,139	($39,615)	$6,406

The second quarter estimated effective tax rate on continuing operations was 26.5 percent in 2012, as compared to 33.6 percent for the same period in 2011. The decrease in the rate was primarily due to a change in the distribution of income and loss amongst the various countries within which we operate.

We conduct business globally and, as a result, the Company or one or more of our subsidiaries files income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. We are currently under audit in the U.S. and non-U.S. tax jurisdictions, including but not limited to Canada, Germany, France, and Sweden. Tax reserves are recorded for the outcome of these uncertainties in accordance with US GAAP.

It is reasonably possible that over the next twelve months the amount of unrecognized tax benefits may change within a range of a net increase of $0 million to a net decrease of $5.7 million, from the re-evaluation of certain uncertain tax positions arising in examinations, in appeals, or in the courts, or from the closure of tax statutes. Not included in the range is $22.7 million of tax benefits in Germany related to a 1999 reorganization that have been challenged by the German tax authorities in the course of an audit of tax years 2000-2003. In 2008 the German Federal Tax Court denied tax benefits to other taxpayers in a case involving German tax laws relevant to our reorganization. One of these cases involved a non-German party, and in the ruling in that case, the German Federal Tax Court acknowledged that the German law in question may be violative of European Union ("EU") principles and referred the issue to the European Court of Justice ("ECJ") for its determination on this issue. In September 2009, the ECJ issued an opinion in this case that is generally favorable to the other taxpayer and referred the case back to the German Federal Tax Court for further consideration. In May 2010 the German Federal Tax Court released its decision, in which it resolved certain tax issues that may be relevant to our audit and remanded the case to a lower court for further development. Although we were required to pay approximately $12.7 million to the German tax authorities in order to continue to pursue the position, we believe that it is more likely than not that the relevant German law is violative of EU principles and accordingly we have not accrued tax expense on this matter. As we continue to monitor developments, it may become necessary for us to accrue tax expense and related interest.

The Company is in the process of evaluating its tax-planning strategies to determine if an action could be taken to reduce or eliminate its valuation allowances on its deferred tax assets. It is reasonably possible that over the next twelve months that these actions could result in recognition of a discrete benefit of $8.7 million.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share

8. Earnings Per Share

Earnings per share are computed using the weighted average number of shares of Class A Common Stock and Class B Common Stock outstanding during the period. Diluted earnings per share include the effect of all potentially dilutive securities.

The amounts used in computing earnings per share, including the effect on income and the weighted average number of shares of potentially dilutive securities, are as follows:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands, except market price data)	2012	2011	2012	2011

Net income/(loss) available to common shareholders	($33,745)	$8,762	$13,296	$25,495

Weighted average number of shares:

Weighted average number of shares used in
calculating basic net income per share	31,349	31,263	31,329	31,243

Effect of dilutive stock-based compensation plans:

Stock options	-	144	69	130

Long-term incentive plan	-	82	120	82

Weighted average number of shares used in
calculating diluted net income per share	31,349	31,489	31,518	31,455

Effect of stock-based compensation plans
that were not included in the computation of
diluted earnings per share because
to do so would have been antidilutive	-	-	-	-

Average market price of common stock used
for calculation of dilutive shares	$20.22	$25.32	$22.08	$24.57

Net income/(loss) per share:

Basic	($1.08)	$0.28	$0.42	$0.82

Diluted	($1.08)	$0.28	$0.42	$0.81

As of June 30, 2012 and 2011, there was no dilution resulting from the convertible debt instrument, purchased call option, and warrant that are described in Note 11.

The following table presents the number of shares issued and outstanding:

	Class A	Class B	Less: Treasury	Net shares
	Shares	Shares	Shares	Outstanding

June 30, 2011	36,515,942	3,236,098	(8,479,487)	31,272,553
March 31, 2012	36,585,004	3,236,098	(8,479,487)	31,341,615
June 30, 2012	36,589,304	3,236,098	(8,467,873)	31,357,529

Inventories

6 Months Ended

Jun. 30, 2012

Inventories [Abstract]

Inventories

9. Inventories

Inventories consist of the following:

(in thousands)	June 30, 2012	December 31, 2011

Finished goods	$58,585	$61,540
Work in process	45,446	39,552
Raw material and supplies	24,942	28,711
Total inventories	$128,973	$129,803

Inventories are stated at the lower of cost or market and are valued at average cost, net of reserves. We record a provision for obsolete inventory based on the age and category of the inventories.

Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

10. Goodwill and Other Intangible Assets

Goodwill and intangible assets with indefinite useful lives are not amortized, but are tested for impairment at least annually. Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in each business combination. Our reporting units are consistent with our operating segments.

Determining the fair value of a reporting unit requires the use of significant estimates and assumptions, including revenue growth rates, operating margins, discount rates, and future market conditions, among others. Goodwill and other long-lived assets are reviewed for impairment whenever events, such as significant changes in the business climate, plant closures, changes in product offerings, or other circumstances indicate that the carrying amount may not be recoverable.

To determine fair value, we utilize two market-based approaches and an income approach. Under the market-based approaches, we utilize information regarding the Company as well as publicly available industry information to determine earnings multiples and sales multiples. Under the income approach, we determine fair value based on estimated future cash flows of each reporting unit, discounted by an estimated weighted-average cost of capital, which reflects the overall level of inherent risk of a reporting unit and the rate of return an outside investor would expect to earn.

The entire balance of goodwill on our books is attributable to the Machine Clothing business. In the second quarter of 2012 the Company applied the qualitative assessment approach (See Recent Accounting Pronouncements footnote) in performing its annual evaluation of goodwill and concluded that no impairment provision was required. In addition, there were no amounts at risk due to the large spread between the fair and carrying values.

We are continuing to amortize certain patents, trade names, customer contracts and technology assets that have finite lives. The changes in intangible assets and goodwill from January 1, 2012 to June 30, 2012, were as follows:

	Balance at		Currency	Balance at
(in thousands)	December 31, 2011	Amortization	Translation	June 30, 2012

Amortized intangible assets:
AEC trade names	$43	($2)	$ -	$41
AEC customer contracts	808	(101)	-	707
AEC technology	228	(12)	-	216
Total amortized intangible assets	$1,079	($115)	$ -	$964

Unamortized intangible assets:
Goodwill, Machine Clothing reporting unit	$75,469	$ -	($1,298)	$74,171

Estimated amortization expense of amortized intangible assets for the years ending December 31, 2012 through 2016 is as follows:

Year		Annual Amortization (in thousands)
2012		$231
2013		231
2014		231
2015		231
2016		29

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Financial Instruments

6 Months Ended

Jun. 30, 2012

Financial Instruments [Abstract]

Financial Instruments

11. Financial Instruments

Long-term debt consists of:

(in thousands, except interest rates)	June 30, 2012	December 31, 2011

Convertible notes, par value $28,437, issued in March 2006 with fixed contractual interest rates of 2.25%, due in 2026	$27,842	$27,228

Private placement with a fixed interest rate of 6.84%, due in 2013 through 2017	150,000	150,000

Credit agreement with borrowings outstanding at an end of period interest rate of 3.66% in 2012 and 3.61% in 2011, due in 2015	156,000	187,000

Various notes and mortgages relative to operations principally outside the United States, at an average end of period rate of 3.06% in 2012 and 3.05% 2011, due in varying amounts through 2021	10,145	10,160

Long-term debt	343,987	374,388

Less: current portion	(30,355)	(1,263)

Long-term debt, net of current portion	$313,632	$373,125

A note agreement and guaranty ("the Prudential agreement") was entered into in October 2005 and was amended and restated September 17, 2010, with the Prudential Insurance Company of America, and certain other purchasers, in an aggregate principal amount of $150 million, with interest at 6.84% and a maturity date of October 25, 2017. There are mandatory payments of $50 million on October 25, 2013 and October 25, 2015. At the noteholders' election, certain prepayments may also be required in connection with certain asset dispositions or financings. The notes may not otherwise be prepaid without a premium, under certain market conditions. The note agreement contains customary terms, as well as affirmative covenants, negative covenants, and events of default comparable to those in our current principal credit facility. For disclosure purposes, we are required to measure the fair value of outstanding debt on a recurring basis. As of June 30, 2012, the fair value of the note agreement was approximately $173.9 million. This was measured using active market interest rates which qualifies the Prudential notes as a level 2 instrument in the hierarchy for inputs used in measuring fair value.

On July 16, 2010, we entered into a $390 million unsecured five-year revolving credit facility agreement, under which $156 million of borrowings outstanding as of June 30, 2012. The 2010 credit agreement replaces the previous $460 million credit agreement made in 2006. The applicable interest rate for borrowings under the 2010 agreement, as well as under the former agreement, is LIBOR plus a spread, based on our leverage ratio at the time of borrowing.

Our ability to borrow additional amounts under the credit agreement is conditional upon the absence of any defaults, as well as the absence of any material adverse change. Based on our maximum leverage ratio and our consolidated EBITDA (as defined in the credit agreement), and without modification to any other credit agreements, as of June 30, 2012 we would have been able to borrow an additional $234 million under the credit agreement.

Also on July 16, 2010, we entered into interest rate hedging transactions that have the effect of fixing the LIBOR portion of the effective interest rate (before addition of the spread) on $105 million of the indebtedness drawn under the 2010 agreement at the rate of 2.04% for the next five years. Under the terms of these transactions, we pay the fixed rate of 2.04% and the counterparties pay a floating rate based on the three-month LIBOR rate at each quarterly calculation date, which on April 16, 2012 was 0.47%. The net effect is to fix the effective interest rate on $105 million of indebtedness at 2.04%, plus the applicable spread, until these swap agreements expire on July 16, 2015. On April 16, the applicable spread was 225 basis points, yielding an effective annual rate of 4.29%. This interest rate swap is accounted for as a hedge of future cash flows, as further described in Note 12 of the Notes to Consolidated Financial Statements.

Reflecting, in each case, the effect of subsequent amendments to each agreement, we are currently required to maintain a leverage ratio of not greater than 3.50 to 1.00 and a minimum interest coverage of 3.00 to 1.00 under the credit agreement and Prudential agreement.

As of June 30, 2012, our leverage ratio was 1.11 to 1.00 and our interest coverage ratio was 13.82 to 1.00. We may purchase our Common Stock or pay dividends to the extent our leverage ratio remains at or below 3.50 to 1.00, and may make acquisitions with cash provided our leverage ratio would not exceed 3.00 to 1.00 after giving pro forma effect to the acquisition.

In March 2006, we issued $180 million principal amount of 2.25% convertible notes. The notes are convertible upon the occurrence of specified events and at any time on or after February 15, 2013, into cash up to the principal amount of notes converted and shares of our Class A common stock with respect to the remainder, if any, of our conversion obligation at a conversion rate of 23.2078 shares per $1,000 principal amount of notes (equivalent to a conversion price of $43.09 per share of Class A common stock). As of June 30, 2012, $28.4 million principal amount of convertible notes were outstanding, with a fair value of approximately $27.1 million, This was measured using quoted prices in active markets which qualifies the convertible notes as a level 2 instrument in the hierarchy for inputs used in measuring fair value. These amounts reflect the reduction in principal amount and fair value as a result of purchases made in 2009.

Holders may convert their notes at any time on or after February 15, 2013. Before February 15, 2013, a holder may convert notes during the five-business day period immediately after any period of five consecutive trading days in which the trading price per note for each of such five days was less than 103% of the product of the last reported sale price of our Class A common stock and the conversion rate on such day. Additionally, holders may convert prior to February 15, 2013, if we elect to distribute to all or substantially all of our Class A shareholders (a) rights or warrants to purchase shares of Class A common stock for less than their trading value, or (b) assets, debt securities, or rights to purchase securities, which distribution has a per-share value exceeding 15% of the current trading value of the Class A common stock.

Converting holders are entitled to receive, upon conversion of their notes, (1) an amount in cash equal to the lesser of the principal amount of the note and the note's conversion value, and (2) if the conversion value of the note exceeds the principal amount, shares of our Class A common stock in respect of the excess conversion value. The conversion rate of the notes (subject to adjustment upon the occurrence of certain events) is 23.2078 shares per $1,000 principal amount of notes (equivalent to a conversion price of $43.09 per share of Class A common stock). The exact amount payable upon conversion would be determined in accordance with the terms of the indenture pursuant to which the notes were issued and will be based on a daily conversion value calculated on a proportionate basis by reference to the volume-weighted average price of our Class A common stock for each day during a twenty-five day period relating to the conversion.

The notes are not redeemable before March 15, 2013. On or after March 15, 2013, we may, at our option, redeem for cash all or part of the notes for a price equal to 100% of the principal amount of the notes to be purchased, plus any accrued and unpaid interest, including any additional interest, up to but excluding the redemption date.

On each of March 15, 2013, and March 15, 2021, holders may require that we purchase all or a portion of their notes at a purchase price equal to 100% of the principal amount of the notes to be purchased, plus any accrued and unpaid interest, including any additional interest, up to but excluding the purchase date. Holders also have the right to require that we repurchase notes upon the occurrence of certain fundamental events, including, without limitation, (1) a person or group, other than the Standish family, becoming beneficial owner of shares of common stock carrying more than 50% of the voting power of our common stock, (2) consummation of an exchange offer, tender offer, or similar event whereby our Class A common stock is converted into cash, securities, or other property, or any sale, lease, or other transfer of all or substantially all of our consolidated assets, (3) approval by our stockholders of a plan or proposal of liquidation or dissolution, or (4) the delisting of our Class A common stock under certain circumstances.

In connection with the sale of the notes, we entered into hedge and warrant transactions with respect to our Class A common stock. These transactions are intended to reduce the potential dilution upon conversion of the notes by providing us with the option, subject to certain exceptions, to acquire shares in an amount equal to the number of shares that we would be required to deliver upon conversion of the notes. These transactions had the economic effect to the Company of increasing the conversion price of the notes to $52.25 per share.

Pursuant to the hedge transactions, if we deliver notice to the counterparties of any conversion of the notes on or prior to March 15, 2013, the counterparties are in the aggregate obligated to deliver to the Company the number of shares of Class A common stock that we are obligated to deliver to the holders of the notes with respect to such conversion, exclusive of any shares deliverable by the Company by reason of any additional (or "make whole") premium relating to the notes or by reason of any election by the Company to unilaterally increase the conversion rate. The note hedge and warrant transactions had a net cost of $14.7 million. Pursuant to the warrant transactions, we sold a total of 4.1 million warrants, each exercisable to buy a single share of Class A common stock at an initial strike price of $52.25 per share. The warrants are American-style warrants (exercisable at any time), and expire over a period of sixty trading days beginning on September 15, 2013. If the warrants are exercised when they expire, we may choose either net cash or net share settlement. If the warrants are exercised before they expire, they must be net share settled. If we elect to net cash settle the warrants, we will pay cash in an amount equal to, for each exercise of warrants, (i) the number of warrants exercised multiplied by (ii) the excess of the volume weighted average price of the our Class A common stock on the expiration date of such warrants (the "settlement price") over the strike price. Under net share settlement, we will deliver to the warrant holders a number of shares of our Class A common stock equal to, for each exercise of warrants, the amount payable upon net cash settlement divided by the settlement price.

As of June 30, 2012, the carrying amounts of the debt and equity components of our bifurcated convertible debt instrument were $27.8 million and $25.5 million, respectively. The equity component is included in additional paid-in capital in the equity section of the balance sheet.

The convertible feature of the notes, the convertible note hedge, and the warrant transactions each meet the requirements of the applicable accounting guidance to be accounted for as equity instruments. As such, the convertible feature of the notes has not been accounted for as a derivative (which would be marked to market each reporting period) and in the event the debt is converted, no gain or loss is recognized, as the cash payment of principal reduces the recorded liability and the issuance of common shares would be recorded in stockholders' equity.

In addition, the amount paid for the call option and the premium received for the warrant were recorded as additional paid-in capital in the accompanying Consolidated Balance Sheets and are not accounted for as derivatives (which would be marked to market each reporting period). Incremental net shares for the convertible note feature and the warrant agreement will be included in future diluted earnings per share calculations for those periods in which our average common stock price exceeds $43.09 per share in the case of the Senior Notes and $49.20 per share in the case of the warrants. The purchased call option is antidilutive and is excluded from the diluted earnings per share calculation.

Indebtedness under the note and guaranty agreement, the convertible notes, and the credit agreement is ranked equally in right of payment to all unsecured senior debt.

We were in compliance with all debt covenants as of June 30, 2012.

Fair Value Measurements

6 Months Ended

Jun. 30, 2012

Fair Value Measurements [Abstract]

Fair Value Measurements

12. Fair Value Measurements

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. Accounting principles establish a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The hierarchy is broken down into three general levels: Level 1 inputs are quoted prices in active markets for identical assets or liabilities; Level 2 inputs include data points that are observable, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or similar assets or liabilities in markets that are not active, and inputs (other than quoted prices) such as interest rates and yield curves that are observable for the asset and liability, either directly or indirectly; Level 3 inputs are unobservable data points for the asset or liability, and include situations in which there is little, if any, market activity for the asset or liability.

The following table presents the fair-value hierarchy for our financial assets and liabilities measured at fair value on a recurring basis:

(in thousands)	Total fair value	Quoted prices in active markets (Level 1)	Significant other observable inputs (Level 2)
Fair Value at June 30, 2012
Assets:
Cash equivalents	$39,750	$39,750	$ -
Common stock of foreign public company	581	581	-
Foreign exchange contracts	193	-	193
Liabilities:
Interest rate swap	(4,914)	-	(4,914)


Fair Value at December 31, 2011
Assets:
Cash equivalents	$30,287	$30,287	$ -
Common stock of foreign public company	577	577	-
Foreign exchange contracts	1	-	1
Liabilities:
Interest rate swap	(4,251)	-	(4,251)

During the six-months ended June 30, 2012, there were no transfers between levels 1, 2, and 3.

Cash equivalents include short-term securities that are considered to be highly liquid and easily tradable. These securities are valued using inputs observable in active markets for identical securities.

The common stock of a foreign public company is traded in an active market exchange. The shares are measured at fair value using closing stock prices and are recorded in the Consolidated Balance Sheets as Other assets. The securities are classified as available for sale, and as a result any gain or loss is recorded in the Shareholders' Equity section of the Consolidated Balance Sheets rather than in the Consolidated Statements of Income. When the security is sold or impaired, gains and losses are reported on the Consolidated Statements of Income. Investments are considered to be impaired when a decline in fair value is judged to be other than temporary.

Foreign currency instruments are entered into periodically, and consist of foreign currency option contracts and forward contracts that are valued using quoted prices in active markets obtained from independent pricing sources. These instruments are measured using market foreign exchange prices and are recorded in the Consolidated Balance Sheets as Other current assets and Accounts payable, as applicable. Changes in fair value of these instruments are recorded as gains or losses within Other (income)/expense, net. Gains for the six months ended June 30, 2012 and 2011 were $0.1 million and $0.3 million.

When exercised, the foreign currency instruments are net settled with the same financial institution that bought or sold them. For all positions, whether options or forward contracts, there is risk from the possible inability of the financial institution to meet the terms of the contracts and the risk of unfavorable changes in interest and currency rates, which may reduce the value of the instruments. We seek to control risk by evaluating the creditworthiness of counterparties and by monitoring the currency exchange and interest rate markets while reviewing the hedging risks and contracts to ensure compliance with our internal guidelines and policies.

We operate our business in many regions of the world, and currency rate movements can have a significant effect on operating results.

Changes in exchange rates can result in revaluation gains and losses that are recorded in Selling, General, Technical, Product Engineering, and Research expenses or Other income/expense, net. Revaluation gains and losses occur when our business units have intercompany or third-party trade receivable or payable balances in a currency other than their local reporting (or functional) currency.

Operating results can also be affected by the translation of sales and costs, for each non-U.S. subsidiary, from the local functional currency to the U.S. dollar. The translation effect on the income statement is dependent on our net income or expense position in each non-U.S. currency in which we do business. A net income position exists when sales realized in a particular currency exceed expenses paid in that currency; a net expense position exists if the opposite is true.

In order to mitigate foreign exchange volatility in the financial statements, we periodically enter into foreign currency financial instruments from time to time. There were no foreign currency financial instruments designated as hedging instruments at June 30, 2012.

As described in Note 11 of the Notes to Consolidated Financial Statements, on July 16, 2010, we entered into a $390 million unsecured five-year revolving credit facility agreement. The applicable interest rate for borrowings under the agreement is LIBOR plus a spread, based on our leverage ratio at the time of borrowing. Interest rate changes on this variable rate debt cause changes in cash flows, and in order to mitigate this cash flow risk we have fixed a portion of the effective interest rate on part of the indebtedness drawn under the agreement by entering into interest rate hedging transactions on July 16, 2010. This interest rate swap locked in our interest rate on the forecasted outstanding borrowings of $105 million at 2.04% plus the credit spread on the debt for a five year period. The credit spread is based on the pricing grid, which can go as low as 2.0% or as high as 2.75%, based on our leverage ratio.

The interest rate swap is accounted for as a hedge of future cash flows. The fair value of our interest rate swap is derived from a discounted cash flow analysis based on the terms of the contract and the interest rate curve, and is recorded in the Consolidated Balance Sheets as of June 30, 2012 as Other noncurrent liabilities of $4.9 million. Unrealized gains and losses on the swap will flow through the caption Derivative valuation adjustment in the Shareholders' equity section of the Consolidated Balance Sheets, to the extent that the hedge is highly effective. Gains and losses related to the ineffective portion of the hedge will be recognized in the current period in earnings. Amounts accumulated in Other comprehensive income are reclassified as Interest expense, net when the related interest payments (that is, the hedged forecasted transactions) affect earnings. Interest expense related to the swap totaled $0.8 million and $0.9 million for the six months ended June 30, 2012 and 2011, respectively.

Fair value amounts of derivative instruments were as follows:

		June 30,	December 31,
(in thousands)	Balance sheet caption	2012	2011

Asset Derivatives
Derivatives not designated as hedging instruments:
Foreign exchange contracts	Other assets	$193	$1
Total asset derivatives not designated as hedging instruments		$193	$1

Total asset derivatives		$193	$1


Liability Derivatives
Derivatives designated as hedging instruments:
Interest rate swap	Other noncurrent liabilities	($4,914)	($4,251)
Total liability derivatives designated as hedging instruments		($4,914)	($4,251)

Total liability derivatives		($4,914)	($4,251)

Total derivatives		($4,721)	($4,250)

(Losses)/gains on changes in fair value of derivative instruments were as follows:

	Three months ended		Six months ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011

Derivatives designated as hedging instruments
Interest rate swap ¹	$193	($1,328)	$405	($925)
Derivatives not designated as hedging instruments
Foreign exchange options ²	117	24	118	258

Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.

(Losses)/gains are recognized in Other expense, net.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
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-Paragraph 21
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

Contingencies

6 Months Ended

Jun. 30, 2012

Contingencies [Abstract]

Contingencies

13. Contingencies

Asbestos Litigation

Albany International Corp. is a defendant in suits brought in various courts in the United States by plaintiffs who allege that they have suffered personal injury as a result of exposure to asbestos-containing products that we previously manufactured. We produced asbestos-containing paper machine clothing synthetic dryer fabrics marketed during the period from 1967 to 1976 and used in certain paper mills. Such fabrics generally had a useful life of three to twelve months.

We were defending 4,426 claims as of July 20, 2012.

The following table sets forth the number of claims filed, the number of claims settled, dismissed or otherwise resolved, and the aggregate settlement amount during the periods presented:

Year ended December 31,	Opening Number of Claims	Claims Dismissed, Settled, or Resolved	New Claims	Closing Number of Claims	Amounts Paid (thousands) to Settle or Resolve ($)
2005	29,411	6,257	1,297	24,451	504
2006	24,451	6,841	1,806	19,416	3,879
2007	19,416	808	190	18,798	15
2008	18,798	523	110	18,385	52
2009	18,385	9,482	42	8,945	88
2010	8,945	3,963	188	5,170	159
2011	5,170	789	65	4,446	1,111
2012 to date	4,446	69	49	4,426	513

We anticipate that additional claims will be filed against the Company and related companies in the future, but are unable to predict the number and timing of such future claims.

Exposure and disease information sufficient meaningfully to estimate a range of possible loss of a particular claim is typically not available until late in the discovery process, and often not until a trial date is imminent and a settlement demand has been received. For these reasons, we do not believe a meaningful estimate can be made regarding the range of possible loss with respect to pending or future claims.

While we believe we have meritorious defenses to these claims, we have settled certain claims for amounts we consider reasonable given the facts and circumstances of each case. Our insurer, Liberty Mutual, has defended each case and funded settlements under a standard reservation of rights. As of July 20, 2012, we had resolved, by means of settlement or dismissal, 36,349 claims. The total cost of resolving all claims was $8,628,500. Of this amount, almost 100% was paid by our insurance carrier. The Company has approximately $130 million in confirmed insurance coverage that should be available with respect to current and future asbestos claims, as well as additional insurance coverage that we should be able to access.

Brandon Drying Fabrics, Inc. ("Brandon"), a subsidiary of Geschmay Corp., which is a subsidiary of the Company, is also a separate defendant in many of the asbestos cases in which Albany is named as a defendant. Brandon was defending against 7,873 claims as of July 20, 2012.

The following table sets forth the number of claims filed, the number of claims settled, dismissed or otherwise resolved, and the aggregate settlement amount during the periods presented:

Year ended December 31,	Opening Number of Claims	Claims Dismissed, Settled, or Resolved	New Claims	Closing Number of Claims	Amounts Paid (thousands) to Settle or Resolve ($)
2005	9,985	642	223	9,566	0
2006	9,566	1,182	730	9,114	0
2007	9,114	462	88	8,740	0
2008	8,740	86	10	8,664	0
2009	8,664	760	3	7,907	0
2010	7,907	47	9	7,869	0
2011	7,869	3	11	7,877	0
2012 to date	7,877	6	2	7,873	0

We acquired Geschmay Corp., formerly known as Wangner Systems Corporation, in 1999. Brandon is a wholly owned subsidiary of Geschmay Corp. In 1978, Brandon acquired certain assets from Abney Mills ("Abney"), a South Carolina textile manufacturer. Among the assets acquired by Brandon from Abney were assets of Abney's wholly owned subsidiary, Brandon Sales, Inc. which had sold, among other things, dryer fabrics containing asbestos made by its parent, Abney. Although Brandon manufactured and sold dryer fabrics under its own name subsequent to the asset purchase, none of such fabrics contained asbestos. Because Brandon did not manufacture asbestos-containing products, and because it does not believe that it was the legal successor to, or otherwise responsible for obligations of Abney with respect to products manufactured by Abney, it believes it has strong defenses to the claims that have been asserted against it. As of July 20, 2012, Brandon has resolved, by means of settlement or dismissal, 9,727 claims for a total of $0.2 million. Brandon's insurance carriers initially agreed to pay 88.2% of the total indemnification and defense costs related to these proceedings, subject to the standard reservation of rights. The remaining 11.8% of the costs had been borne directly by Brandon. During 2004, Brandon's insurance carriers agreed to cover 100% of indemnification and defense costs, subject to policy limits and the standard reservation of rights, and to reimburse Brandon for all indemnity and defense costs paid directly by Brandon related to these proceedings.

For the same reasons set forth above with respect to Albany's claims, as well as the fact that no amounts have been paid to resolve any Brandon claims since 2001, we do not believe a meaningful estimate can be made regarding the range of possible loss with respect to these remaining claims.

In some of these asbestos cases, the Company is named both as a direct defendant and as the "successor in interest" to Mount Vernon Mills ("Mount Vernon"). We acquired certain assets from Mount Vernon in 1993. Certain plaintiffs allege injury caused by asbestos-containing products alleged to have been sold by Mount Vernon many years prior to this acquisition. Mount Vernon is contractually obligated to indemnify the Company against any liability arising out of such products. We deny any liability for products sold by Mount Vernon prior to the acquisition of the Mount Vernon assets. Pursuant to its contractual indemnification obligations, Mount Vernon has assumed the defense of these claims. On this basis, we have successfully moved for dismissal in a number of actions.

________________________________________

Although we do not believe, based on currently available information and for the reasons stated above, that a meaningful estimate of a range of possible loss can be made with respect to such claims, based on our understanding of the insurance policies available, how settlement amounts have been allocated to various policies, our settlement experience, the absence of any judgments against the Company or Brandon, the ratio of paper mill claims to total claims filed, and the defenses available, we currently do not anticipate any material liability relating to the resolution of the aforementioned pending proceedings in excess of existing insurance limits. Consequently, we currently do not anticipate, based on currently available information, that the ultimate resolution of the aforementioned proceedings will have a material adverse effect on the financial position, results of operations, or cash flows of the Company. Although we cannot predict the number and timing of future claims, based on the foregoing factors and the trends in claims against us to date, we do not anticipate that additional claims likely to be filed against us in the future will have a material adverse effect on our financial position, results of operations, or cash flows. We are aware that litigation is inherently uncertain, especially when the outcome is dependent primarily on determinations of factual matters to be made by juries.

________________________________________

NAFTA Audits

The Company's affiliate in Mexico was notified in November 2010 that Mexican customs authorities expected to issue demands for duties on certain imports of PMC from the Company and the Company's affiliate in Canada for which the Company has claimed duty-free treatment under the North American Free Trade Agreement ("NAFTA").

The notices result from a decision by the Mexican Servicio de Administración Tributaria ("SAT") to invalidate NAFTA certificates provided by the Company on products shipped to its Mexican affiliate during the years 2006 through 2008. The Demand Notices arose from an SAT audit during 2010, at the conclusion of which the SAT determined that the Company had failed to provide documentation sufficient to show that the certificates were validly issued, and declared the certificates issued during this period to be invalid. The Company believes that the certificates of origin were valid and properly issued and therefore commenced administrative appeals with SAT disputing its resolutions.

In December 2011, while these appeals were pending, SAT revoked its earlier declarations of invalidation with respect to the certificates of origin at issue in 28 of the 36 open audits, and ordered a further review of such certificates. To date, the Company has been informed by SAT that it has completed its review of 19 of the 28 audits, and concluded that the certificates of origin in 19 of those 28 audits were valid, and that the shipments identified in those 19 audits were entitled to NAFTA's duty-free treatment. SAT is continuing to review the certificates of origin in the remaining 9 open audits where the original declaration was revoked. SAT is also still considering the Company's appeal with regard to the 8 open audits where the original declaration invalidating the certificates of origin have not yet been revoked.

Based on discussions with SAT, the Company currently expects that it will be given an opportunity to present evidence to SAT officials to establish the origin for NAFTA purposes of all of the shipments covered by the above-described audits still under review, and that it will be able to establish that a very high percentage of the shipments at issue were entitled to NAFTA treatment. For the small percentage of shipments for which the Company may not be able to establish qualification for duty-free treatment under NAFTA, the Company may be required to pay duties and penalties. The Company currently does not expect any such amounts to be material. The Company also does not believe that it faces any material risk of certificates being invalidated with respect to any period other than the 2006 through 2008 audit period. For this reason, the Company does not feel that this matter is likely to have a material adverse effect on the Company's financial position, results of operations and cash flows.

Changes in Stockholders' Equity

6 Months Ended

Jun. 30, 2012

Changes in Stockholders' Equity [Abstract]

Changes in Stockholders' Equity

14. Changes in Stockholders' Equity

The following table summarizes changes in Stockholders' Equity:

(in thousands)	Class A Common Stock	Class B Common Stock	Additional paid in capital	Retained earnings	Accumulated items of other comprehensive income	Treasury stock	Total Shareholders' Equity
December 31, 2011	$37	$3	$391,495	$422,044	($139,809)	($257,920)	$415,850
Net income	-	-	-	13,296	-	-	13,296
Dividends declared	-	-	-	(8,460)	-	-	(8,460)
Compensation and benefits paid or payable in Class A Common Stock	-	-	412	-	-	256	668
Options exercised	-	-	280	-	-	-	280
Cumulative translation adjustment	-	-	-	-	(7,222)	-	(7,222)
Pension settlement	-	-	-	-	79,204	-	79,204
Pension plan remeasurement	-	-	-	-	(17,347)	-	(17,347)
Amortization of pension liability	-	-	-	-	1,840	-	1,840
Change in derivative valuation adjustment	-	-	-	-	(405)	-	(405)
June 30, 2012	$37	$3	$392,187	$426,880	($83,739)	($257,664)	$477,704

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.3-04)
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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Reference 20: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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Reference 23: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Jun. 30, 2012
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	15. Recent Accounting Pronouncements In May 2011, the Financial Accounting Standards Board (FASB) amended authoritative guidance related to common fair value measurements and disclosure requirements. This pronouncement was issued to provide a consistent definition of fair value and ensure that the fair value measurement and disclosure requirements are similar between U.S. GAAP and IFRS. This pronouncement changes certain fair value measurement principles and enhances the disclosure requirements, particularly for level 3 fair value measurements, and is effective for reporting periods beginning on or after December 15, 2011. This pronouncement was adopted effective January 1, 2012 and did not have a material effect on our financial statements. In June and December 2011, the FASB issued guidance that eliminates the option to report other comprehensive income and its components in the statement of changes in stockholders' equity and requires an entity to present the total of comprehensive income, the components of net income and the components of other comprehensive income either in a single continuous statement or in two separate but consecutive statements. This pronouncement is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. This guidance was adopted effective January 1, 2012 and concerns presentation and disclosure only and did not have a material impact on our financial statements. In September 2011, the FASB issued guidance intended to reduce the cost and complexity of the annual goodwill impairment test by providing entities an option to perform a "qualitative" assessment to determine whether further impairment testing is necessary. This pronouncement is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. The adoption of this guidance did not have a material effect on our financial statements.

Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2012

Discontinued Operations [Abstract]

Schedule of Financial Results of Discontinued Operations

	Three months	Three months	Six months	Six months
	ended	ended	ended	ended
(in thousands)	June 30, 2012	June 30, 2011	June 30, 2012	June 30, 2011

Net sales	$10,283	$54,334	$19,774	$106,230

Income from operations of discontinued business before tax	2,760	6,434	4,776	12,991

Gain on disposition of discontinued operations	34,709	-	92,677	-

Income tax expense	13,439	2,220	26,253	4,262

Schedule of Major Categories of Assets and Liabilities

	Primaloft^®	Albany Door Systems	Total
	December 31,	December 31,	December 31,
(in thousands)	2011	2011	2011
Assets of Discontinued Operations:

Cash	$ -	$ 13,545	$ 13,545
Accounts receivable, net of allowance for doubtful accounts	1,338	35,120	36,458
Inventories	3,846	12,661	16,507
Property, plant and equipment, net	563	6,344	6,907
Goodwill and intangibles	-	39,227	39,227
Other current and noncurrent assets	60	5,114	5,174
Total assets of discontinued operation	$ 5,807	$ 112,011	$ 117,818

Liabilities of Discontinued Operations:

Accounts payable	$ 955	$ 8,300	$ 9,255
Accrued liabilities	545	10,883	11,428
Other current liabilities	-	1,763	1,763
Liabilities for defined benefit pension plans	-	9,513	9,513
Other noncurrent liabilities	52	4,552	4,604
Total liabilities of discontinued operation	$ 1,552	$ 35,011	$ 36,563

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Reportable Segment Data (Tables)

6 Months Ended

Jun. 30, 2012

Reportable Segment Data [Abstract]

Schedule of Financial Data by Reporting Segment

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2012		2011		2012		2011

Net Sales
Machine Clothing	$177,122		$179,177		$341,410		$367,659
Engineered Composites	14,818		10,504		30,607		21,976
Consolidated total	$191,940		$189,681		$372,017		$389,635

Operating income
Machine Clothing	$44,997		$37,709		$75,842		$87,980
Engineered Composites	(369	)	(1,144	)	(340	)	(2,187	)
Research expense	(7,253	)	(7,212	)	(13,318	)	(14,377	)
Unallocated expenses	(123,379	)	(16,873	)	(149,097	)	(33,862	)
Operating (loss)/income before reconciling items	(86,004	)	12,480		(86,913	)	37,554

Reconciling items:
Interest expense, net	3,969		4,786		8,613		9,562
Other (income)/expense, net	(2,555	)	7		1,993		4,820
(Loss)/income before income taxes	($87,418	)	$7,687		($97,519	)	$23,172

Schedule of Restructuring Costs by Reporting Segment

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012		2011

Pension settlement
Unallocated expenses	$110,560	$ -	$119,735		$ -

Restructuring expense
Machine Clothing	$ 2,903	$ 572	$ 3,576		$ 605
Engineered Composites	-	44	-		57
Unallocated expenses	249	1,115	(166	)	1,103
Consolidated total	$ 3,152	$1,731	$ 3,410		$1,765

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Pensions and Other Benefits (Tables)

6 Months Ended

Jun. 30, 2012

Pensions and Other Benefits [Abstract]

Schedule of Net Periodic Benefit Plan Cost

	Pension Plans				Other Postretirement Benefits
(in thousands)	2012		2011		2012		2011

Service cost	$1,699		$1,698		$536		$456
Interest cost	7,589		10,068		1,844		1,909
Expected return on plan assets	(7,184	)	(7,962	)	-		-

Amortization:
Transition obligation	37		44		-		-
Prior service cost/(credit)	17		18		(1,834	)	(1,833	)
Net actuarial loss	2,839		2,844		1,608		1,506

Settlement charge	119,735		-		-		-
Net periodic benefit costs	$124,732		$6,710		$2,154		$2,038

Restructuring (Tables)

6 Months Ended

Jun. 30, 2012

Restructuring [Abstract]

Schedule of Restructuring Charges

	Three months ended		Six months ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011
Machine Clothing	$2,903	$572	$3,576	$605
Engineered Composites	-	44	-	57
Unallocated expenses	249	1,115	(166)	1,103
Total	$3,152	$1,731	$3,410	$1,765

Six months ended June 30, 2012	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
Machine Clothing	$3,576	$3,576	$ -
Engineered Composites	-	-	-
Unallocated expenses	(166)	380	(546)
Total	$3,410	$3,956	$(546)


Six months ended June 30, 2011	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
Machine Clothing	$605	$605	$ -
Engineered Composites	57	57	-
Unallocated expenses	1,103	1,103	-
Total	$1,765	$1,765	$ -

Schedule of Restructuring Liability

(in thousands)	Restructuring charges accrued December 31, 2011	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2012

Termination costs	$6,979	$3,830	($2,778)	($243)	$7,788

(in thousands)	Restructuring charges accrued December 31, 2010	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2011

Termination costs	$2,809	1,645	($1,502)	$135	$3,087

Other (Income)/Expense, net (Tables)

6 Months Ended

Jun. 30, 2012

Other (Income)/Expense, net [Abstract]

Other Expense, Net

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011
Currency transactions	($3,133)	($491)	$699	$3,375
Amortization of debt issuance costs and loan origination fees	533	436	1,209	922
Letter of credit fees	351	(16)	770	587
Other, net	(306)	78	(685)	(64)
Total	($2,555)	$7	$1,993	$4,820

Income Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011

Income tax expense/(benefit) based on income from continuing operations, at estimated tax rates of 26.5% in 2012 and 33.6% in 2011, respectively	$6,133	$2,582	$5,896	$7,784
Settlement of pension plan	(37,047)	-	(39,460)	-
Tax rate adjustment on pension plan settlement	886	-	-	-
Provision for change in estimated tax rates	(297)	522	-	-
Income tax from continuing operations before discrete items	($30,325)	$3,104	($33,564)	$7,784

Discrete tax expense(benefit):
Provision for/resolution of tax audits and contingencies	682	35	(6,051)	(1,378)
Total income tax expense/(benefit)	($29,643)	$3,139	($39,615)	$6,406

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Schedule Computing Earnings Per Share

	Three Months Ended		Six Months Ended
	June 30,		June 30,
(in thousands, except market price data)	2012	2011	2012	2011

Net income/(loss) available to common shareholders	($33,745)	$8,762	$13,296	$25,495

Weighted average number of shares:

Weighted average number of shares used in
calculating basic net income per share	31,349	31,263	31,329	31,243

Effect of dilutive stock-based compensation plans:

Stock options	-	144	69	130

Long-term incentive plan	-	82	120	82

Weighted average number of shares used in
calculating diluted net income per share	31,349	31,489	31,518	31,455

Effect of stock-based compensation plans
that were not included in the computation of
diluted earnings per share because
to do so would have been antidilutive	-	-	-	-

Average market price of common stock used
for calculation of dilutive shares	$20.22	$25.32	$22.08	$24.57

Net income/(loss) per share:

Basic	($1.08)	$0.28	$0.42	$0.82

Diluted	($1.08)	$0.28	$0.42	$0.81

As of June 30, 2012 and 2011, there was no dilution resulting from the convertible debt instrument, purchased call option, and warrant that are described in Note 11.

Schedule of Shares Issued and Outstanding

	Class A	Class B	Less: Treasury	Net shares
	Shares	Shares	Shares	Outstanding

June 30, 2011	36,515,942	3,236,098	(8,479,487)	31,272,553
March 31, 2012	36,585,004	3,236,098	(8,479,487)	31,341,615
June 30, 2012	36,589,304	3,236,098	(8,467,873)	31,357,529

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 02
-Paragraph 29

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802392&loc=d3e177068-122764

+ Details

Inventories (Tables)

6 Months Ended

Jun. 30, 2012

Inventories [Abstract]

Schedule of Inventories

(in thousands)	June 30, 2012	December 31, 2011

Finished goods	$58,585	$61,540
Work in process	45,446	39,552
Raw material and supplies	24,942	28,711
Total inventories	$128,973	$129,803

Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Other Intangible Assets [Abstract]

Schedule of Changes in Intangible Assets and Goodwill

	Balance at		Currency	Balance at
(in thousands)	December 31, 2011	Amortization	Translation	June 30, 2012

Amortized intangible assets:
AEC trade names	$43	($2)	$ -	$41
AEC customer contracts	808	(101)	-	707
AEC technology	228	(12)	-	216
Total amortized intangible assets	$1,079	($115)	$ -	$964

Unamortized intangible assets:
Goodwill, Machine Clothing reporting unit	$75,469	$ -	($1,298)	$74,171

Schedule of Estimated Amortization Expense

Year		Annual Amortization (in thousands)
2012		$231
2013		231
2014		231
2015		231
2016		29

Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Financial Instruments [Abstract]

Schedule of Long-Term Debt

(in thousands, except interest rates)	June 30, 2012	December 31, 2011

Convertible notes, par value $28,437, issued in March 2006 with fixed contractual interest rates of 2.25%, due in 2026	$27,842	$27,228

Private placement with a fixed interest rate of 6.84%, due in 2013 through 2017	150,000	150,000

Credit agreement with borrowings outstanding at an end of period interest rate of 3.66% in 2012 and 3.61% in 2011, due in 2015	156,000	187,000

Various notes and mortgages relative to operations principally outside the United States, at an average end of period rate of 3.06% in 2012 and 3.05% 2011, due in varying amounts through 2021	10,145	10,160

Long-term debt	343,987	374,388

Less: current portion	(30,355)	(1,263)

Long-term debt, net of current portion	$313,632	$373,125

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

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-Name Accounting Standards Codification
-Topic 835
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-Paragraph 2
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-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Measurements [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

(in thousands)	Total fair value	Quoted prices in active markets (Level 1)	Significant other observable inputs (Level 2)
Fair Value at June 30, 2012
Assets:
Cash equivalents	$39,750	$39,750	$ -
Common stock of foreign public company	581	581	-
Foreign exchange contracts	193	-	193
Liabilities:
Interest rate swap	(4,914)	-	(4,914)


Fair Value at December 31, 2011
Assets:
Cash equivalents	$30,287	$30,287	$ -
Common stock of foreign public company	577	577	-
Foreign exchange contracts	1	-	1
Liabilities:
Interest rate swap	(4,251)	-	(4,251)

Schedule of Fair Value of Derivative Instruments

		June 30,	December 31,
(in thousands)	Balance sheet caption	2012	2011

Asset Derivatives
Derivatives not designated as hedging instruments:
Foreign exchange contracts	Other assets	$193	$1
Total asset derivatives not designated as hedging instruments		$193	$1

Total asset derivatives		$193	$1


Liability Derivatives
Derivatives designated as hedging instruments:
Interest rate swap	Other noncurrent liabilities	($4,914)	($4,251)
Total liability derivatives designated as hedging instruments		($4,914)	($4,251)

Total liability derivatives		($4,914)	($4,251)

Total derivatives		($4,721)	($4,250)

Schedule of (Losses)/Gains on Changes in Fair Value of Derivative Instruments

	Three months ended		Six months ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011

Derivatives designated as hedging instruments
Interest rate swap ¹	$193	($1,328)	$405	($925)
Derivatives not designated as hedging instruments
Foreign exchange options ²	117	24	118	258

Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.

(Losses)/gains are recognized in Other expense, net.

- Definition

Tabular disclosure of the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techniques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 33
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 6
-Footnote 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 820
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-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

Contingencies (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Changes in Claims

Year ended December 31,	Opening Number of Claims	Claims Dismissed, Settled, or Resolved	New Claims	Closing Number of Claims	Amounts Paid (thousands) to Settle or Resolve ($)
2005	29,411	6,257	1,297	24,451	504
2006	24,451	6,841	1,806	19,416	3,879
2007	19,416	808	190	18,798	15
2008	18,798	523	110	18,385	52
2009	18,385	9,482	42	8,945	88
2010	8,945	3,963	188	5,170	159
2011	5,170	789	65	4,446	1,111
2012 to date	4,446	69	49	4,426	513

Brandon Drying Fabrics, Inc. [Member]

Schedule of Changes in Claims

Year ended December 31,	Opening Number of Claims	Claims Dismissed, Settled, or Resolved	New Claims	Closing Number of Claims	Amounts Paid (thousands) to Settle or Resolve ($)
2005	9,985	642	223	9,566	0
2006	9,566	1,182	730	9,114	0
2007	9,114	462	88	8,740	0
2008	8,740	86	10	8,664	0
2009	8,664	760	3	7,907	0
2010	7,907	47	9	7,869	0
2011	7,869	3	11	7,877	0
2012 to date	7,877	6	2	7,873	0

- Definition

Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9-12, 22-40
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14615-108349

+ Details

Changes in Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2012

Changes in Stockholders' Equity [Abstract]

Schedule of Activity in Shareholders' Equity

(in thousands)	Class A Common Stock	Class B Common Stock	Additional paid in capital	Retained earnings	Accumulated items of other comprehensive income	Treasury stock	Total Shareholders' Equity
December 31, 2011	$37	$3	$391,495	$422,044	($139,809)	($257,920)	$415,850
Net income	-	-	-	13,296	-	-	13,296
Dividends declared	-	-	-	(8,460)	-	-	(8,460)
Compensation and benefits paid or payable in Class A Common Stock	-	-	412	-	-	256	668
Options exercised	-	-	280	-	-	-	280
Cumulative translation adjustment	-	-	-	-	(7,222)	-	(7,222)
Pension settlement	-	-	-	-	79,204	-	79,204
Pension plan remeasurement	-	-	-	-	(17,347)	-	(17,347)
Amortization of pension liability	-	-	-	-	1,840	-	1,840
Change in derivative valuation adjustment	-	-	-	-	(405)	-	(405)
June 30, 2012	$37	$3	$392,187	$426,880	($83,739)	($257,664)	$477,704

Discontinued Operations (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended			6 Months Ended		12 Months Ended
	May 31, 2012	Apr. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale of discontinued business			$ 34,709			$ 92,677
Albany Door Systems [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business		$ 5,000						$ 130,000
Gain on sale of discontinued business				$ 58,000
Adjustments to the sale transaction			(300)
Pre-tax gain receivable			17,400			17,400
Noncurrent portion of purchase price			13,000			13,000
Noncurrent portion of purchase price, at present value			12,500			12,500
PrimaLoft Products [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 38,000
Gain on sale of discontinued business			35,000
Cash held in escrow			$ 4,000			$ 4,000

Discontinued Operations (Schedule of Operating Results) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 10,283	$ 54,334	$ 19,774	$ 106,230
Income from operations of discontinued business before tax	2,760	6,434	4,776	12,991
Gain on disposition of discontinued operations	34,709		92,677
Income tax expense	$ 13,439	$ 2,220	$ 26,253	$ 4,262

- Definition

Pretax gain (loss), not previously recognized and resulting from the sale of a business component, which is recognized at the date of sale. A gain (loss) reflects the amount by which the consideration received exceeds (is exceeded by) the net carrying amount (reflecting previous provisions for loss on disposal, if any) of the disposal group.

+ References + Details

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6909487&loc=d3e38679-109324

+ Details

Discontinued Operations (Schedule of Major Categories of Assets and Liabilities) (Details) $ in Thousands	Dec. 31, 2011 USD ($)
Assets of Discontinued Operations:
Cash	$ 13,545
Accounts receivable, net of allowance for doubtful accounts	36,458
Inventories	16,507
Property, plant and equipment, net	6,907
Goodwill and intangibles	39,227
Other current and noncurrent assets	5,174
Total assets of discontinued operation	117,818
Liabilities of Discontinued Operations:
Accounts payable	9,255
Accrued liabilities	11,428
Other current liabilities	1,763
Liabilities for defined benefit pension plans	9,513
Other noncurrent liabilities	4,604
Total liabilities of discontinued operation	36,563
PrimaLoft Products [Member]
Assets of Discontinued Operations:
Cash
Accounts receivable, net of allowance for doubtful accounts	1,338
Inventories	3,846
Property, plant and equipment, net	563
Goodwill and intangibles
Other current and noncurrent assets	60
Total assets of discontinued operation	5,807
Liabilities of Discontinued Operations:
Accounts payable	955
Accrued liabilities	545
Other current liabilities
Liabilities for defined benefit pension plans
Other noncurrent liabilities	52
Total liabilities of discontinued operation	1,552
Albany Door Systems [Member]
Assets of Discontinued Operations:
Cash	13,545
Accounts receivable, net of allowance for doubtful accounts	35,120
Inventories	12,661
Property, plant and equipment, net	6,344
Goodwill and intangibles	39,227
Other current and noncurrent assets	5,114
Total assets of discontinued operation	112,011
Liabilities of Discontinued Operations:
Accounts payable	8,300
Accrued liabilities	10,883
Other current liabilities	1,763
Liabilities for defined benefit pension plans	9,513
Other noncurrent liabilities	4,552
Total liabilities of discontinued operation	$ 35,011

Reportable Segment Data (Schedule of Operating Data) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Segment Reporting Information [Line Items]
Net sales	$ 191,940	$ 189,681	$ 372,017	$ 389,635
Operating income	(86,004)	12,480	(86,913)	37,554
Interest expense, net	3,969	4,786	8,613	9,562
Other (income)/expense, net	(2,555)	7	1,993	4,820
(Loss)/income before income taxes	(87,418)	7,687	(97,519)	23,172
Machine Clothing [Member]
Segment Reporting Information [Line Items]
Net sales	177,122	179,177	341,410	367,659
Operating income	44,997	37,709	75,842	87,980
Engineered Composites [Member]
Segment Reporting Information [Line Items]
Net sales	14,818	10,504	30,607	21,976
Operating income	(369)	(1,144)	(340)	(2,187)
Research Expense [Member]
Segment Reporting Information [Line Items]
Operating income	(7,253)	(7,212)	(13,318)	(14,377)
Unallocated Expenses [Member]
Segment Reporting Information [Line Items]
Operating income	$ (123,379)	$ (16,873)	$ (149,097)	$ (33,862)

Reportable Segment Data (Schedule of Restructuring Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Pension settlement
Pension settlement expense	$ 110,560		$ 119,735
Restructuring by segment
Restructuring expense	3,152	1,731	3,410	1,765
Machine Clothing [Member]
Restructuring by segment
Restructuring expense	2,903	572	3,576	605
Engineered Composites [Member]
Restructuring by segment
Restructuring expense		44		57
Unallocated Expenses [Member]
Pension settlement
Pension settlement expense	110,560		119,735
Restructuring by segment
Restructuring expense	$ 249	$ 1,115	$ (166)	$ 1,103

- Definition

The amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts to cover vested benefits.

+ References

+ Details

Pensions and Other Benefits (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2012	Mar. 31, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]
Settlement charge	$ 110,560			$ 119,735
Combined pension liability	26,900			26,900		$ 101,200
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost				1,699	1,698
Interest cost				7,589	10,068
Expected return on assets				(7,184)	(7,962)
Transition obligation				37	44
Prior service cost/(credit)				17	18
Net actuarial loss				2,839	2,844
Settlement charge				119,735
Net periodic benefit costs				124,732	6,710
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost				536	456
Interest cost				1,844	1,909
Expected return on assets
Transition obligation
Prior service cost/(credit)				(1,834)	(1,833)
Net actuarial loss				1,608	1,506
Settlement charge
Net periodic benefit costs				$ 2,154	$ 2,038
Sweden Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Settlement charge		$ 9,200
US and Canada Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Settlement charge	$ 110,600

Restructuring (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Restructuring (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Restructuring by segment
Restructuring and other, net	$ 3,152	$ 1,731	$ 3,410	$ 1,765
Termination and Other Costs [Member]
Restructuring by segment
Restructuring and other, net			3,956	1,765
Restructuring Reserve [Roll Forward]
Restructuring charges accrued December 31			6,979	2,809
New accruals			3,830	1,645
Payments			(2,778)	(1,502)
Currency translation/ other			(243)	135
Restructuring charges accrued June 30	7,788	3,087	7,788	3,087
Impairment of Plant and Equipment [Member]
Restructuring by segment
Restructuring and other, net			(546)
Machine Clothing [Member]
Restructuring by segment
Restructuring and other, net	2,903	572	3,576	605
Machine Clothing [Member] \| Termination and Other Costs [Member]
Restructuring by segment
Restructuring and other, net			3,576	605
Machine Clothing [Member] \| Impairment of Plant and Equipment [Member]
Restructuring by segment
Restructuring and other, net
Engineered Composites [Member]
Restructuring by segment
Restructuring and other, net		44		57
Engineered Composites [Member] \| Termination and Other Costs [Member]
Restructuring by segment
Restructuring and other, net				57
Engineered Composites [Member] \| Impairment of Plant and Equipment [Member]
Restructuring by segment
Restructuring and other, net
Unallocated Expenses [Member]
Restructuring by segment
Restructuring and other, net	$ 249	$ 1,115	(166)	1,103
Unallocated Expenses [Member] \| Termination and Other Costs [Member]
Restructuring by segment
Restructuring and other, net			380	1,103
Unallocated Expenses [Member] \| Impairment of Plant and Equipment [Member]
Restructuring by segment
Restructuring and other, net			$ (546)

Other (Income)/Expense, net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Other (Income)/Expense, net [Abstract]
Currency transactions	$ (3,133)	$ (491)	$ 699	$ 3,375
Amortization of debt issuance costs and loan origination fees	533	436	1,209	922
Letter of credit fees	351	(16)	770	587
Other, net	(306)	78	(685)	(64)
Total	$ (2,555)	$ 7	$ 1,993	$ 4,820

Income Taxes (Schedule of Components of Income Tax Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Taxes [Abstract]
Income tax expense/(benefit) based on income from continuing operations, at estimated tax rates of 26.5% in 2012 and 33.6% in 2011, respectively	$ 6,133	$ 2,582	$ 5,896	$ 7,784
Settlement of pension plan	(37,047)		(39,460)
Tax rate adjustment on pension plan settlement	886
Provision for change in estimated tax rates	(297)	522
Income tax from continuing operations before discrete items	(30,325)	3,104	(33,564)	7,784
Provision for/resolution of tax audits and contingencies	682	35	(6,051)	(1,378)
Total income tax expense/(benefit)	$ (29,643)	$ 3,139	$ (39,615)	$ 6,406
Estimated tax rate	26.50%	33.60%

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to pretax Income or Loss from continuing operations; income tax expense or benefit may include interest and penalties on tax uncertainties based on the entity's accounting policy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 16, 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45, 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e32247-109318

+ Details

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Dec. 31, 2011
Income Taxes [Abstract]
Effective tax rate on continuing operations	26.50%	33.60%
Estimated range of change, upper bound	$ 0.0		$ 0.0
Estimated range of change, lower bound	(5.7)		(5.7)
Settlement of Tax Examination [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Amount of reasonably possible benefit	8.7		8.7
German Tax Authority [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized tax benefits	$ 22.7		$ 22.7
Payment to taxing authority to pursue litigation				$ 12.7
German Tax Authority [Member] \| Minimum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Years under examination			2000
German Tax Authority [Member] \| Maximum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Years under examination			2003

Earnings Per Share (Schedule Computing Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Earnings Per Share [Abstract]
Net income/(loss) available to common shareholders	$ (33,745)	$ 8,762	$ 13,296	$ 25,495
Weighted average number of shares used in calculating basic net income per share	31,349	31,263	31,329	31,243
Stock options		144	69	130
Long-term incentive plan		82	120	82
Weighted average number of shares used in calculating diluted net income per share	31,349	31,489	31,518	31,455
Effect of stock-based compensation plans that were not included in the computation of diluted earnings per share because to do so would have been antidilutive
Average market price of common stock used for calculation of dilutive shares	$ 20.22	$ 25.32	$ 22.08	$ 24.57
Basic	(1.08)	0.28	0.42	0.82
Diluted	$ (1.08)	$ 0.28	$ 0.42	$ 0.81

Earnings Per Share (Schedule of Shares Issued and Outstanding) (Details) - shares	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 30, 2011
Class of Stock [Line Items]
Less: Treasury Shares	(8,467,873)	(8,479,487)	(8,479,487)	(8,479,487)
Net shares Outstanding	31,357,529	31,341,615	31,297,453	31,272,553
Class A Common Stock [Member]
Class of Stock [Line Items]
Common Stock, shares issued	36,589,304	36,585,004	36,540,842	36,515,942
Class B Common Stock [Member]
Class of Stock [Line Items]
Common Stock, shares issued	3,236,098	3,236,098	3,236,098	3,236,098
Net shares Outstanding	3,236,098		3,236,098

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Inventories [Abstract]
Finished goods	$ 58,585	$ 61,540
Work in process	45,446	39,552
Raw material and supplies	24,942	28,711
Total inventories	$ 128,973	$ 129,803

Goodwill and Other Intangible Assets (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2012 USD ($)
Amortized intangible assets:
Balance at December 31, 2011	$ 1,079
Amortization	(115)
Currency Translation
Balance at June 30, 2012	1,079
Unamortized intangible assets
Balance at December 31, 2011	75,469
Amortization
Currency Translation	(1,298)
Balance at June 30, 2012	74,171
Estimated amortization expense of amortized intangible assets
2012	231
2013	231
2014	231
2015	231
2016	29
Trade Names [Member]
Amortized intangible assets:
Balance at December 31, 2011	43
Amortization	(2)
Currency Translation
Balance at June 30, 2012	41
Customer Contracts [Member]
Amortized intangible assets:
Balance at December 31, 2011	808
Amortization	(101)
Currency Translation
Balance at June 30, 2012	707
Technology [Member]
Amortized intangible assets:
Balance at December 31, 2011	228
Amortization	(12)
Currency Translation
Balance at June 30, 2012	$ 216

Financial Instruments (Schedule of Long-Term Debt) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Mar. 31, 2006
Debt Instrument [Line Items]
Long-term debt	$ 343,987	$ 374,388
Less: current portion	(30,355)	(1,263)
Long-term debt, net of current portion	313,632	373,125
Convertible Notes [Member]
Debt Instrument [Line Items]
Long-term debt	27,842	27,228
Debt issued	$ 28,437		$ 180,000
Interest rate	2.25%
Year of maturity	2026
Private Placement, Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 150,000	150,000
Interest rate	6.84%
Maturity date	Oct. 25, 2017
Maturity date range, start	2013
Maturity date range, end	2017
Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term debt	$ 156,000	$ 187,000
Interest rate at end of period	3.66%	3.61%
Year of maturity	2015
Various Notes and Mortgages [Member]
Debt Instrument [Line Items]
Long-term debt	$ 10,145	$ 10,160
Interest rate at end of period	3.06%	3.05%
Year of maturity	2021

Financial Instruments (Narrative) (Details) $ in Thousands, shares in Millions	6 Months Ended
	Jun. 30, 2012 USD ($) $ / shares shares	Jan. 17, 2012	Dec. 31, 2011 USD ($)	Jul. 16, 2010 USD ($)	Dec. 31, 2006 USD ($)	Mar. 31, 2006 USD ($)
Debt Instrument [Line Items]
Carrying amount of debt	$ 343,987		$ 374,388
Maximum leverage ratio allowed	3.5
Minimum interest coverage ratio required	3
Leverage ratio	1.11
Interest coverage ratio	13.82
Private Placement, Notes [Member]
Debt Instrument [Line Items]
Carrying amount of debt	$ 150,000		150,000
Interest rate	6.84%
Maturity date	Oct. 25, 2017
Payment required on October 25, 2013	$ 50,000
Payment required on October 25, 2015	50,000
Fair value of long-term debt	173,900
Credit Agreement [Member]
Debt Instrument [Line Items]
Carrying amount of debt	$ 156,000		187,000
Year of maturity	2015
Amount of credit facility	$ 390,000			$ 390,000
Amount of credit facility outstanding	156,000
Additional amount that can be borrowed on facility	234,000
Credit Agreement [Member] \| Interest Rate Swap [Member]
Debt Instrument [Line Items]
Notional amount				$ 105,000
Fixed interest rate in swap		0.47%		2.04%
LIBOR spread		2.25%
Effective annual rate		4.29%
Previous Line Of Credit [Member]
Debt Instrument [Line Items]
Amount of credit facility					$ 460,000
Convertible Notes [Member]
Debt Instrument [Line Items]
Carrying amount of debt	27,842		$ 27,228
Debt issued	$ 28,437					$ 180,000
Interest rate	2.25%
Year of maturity	2026
Fair value of long-term debt	$ 27,100
Date when holders may convert	Feb. 15, 2013
Shares per $1,000 of principal	23.2078
Principal amount outstanding	$ 28,400
Minimum per share distribution value allowing conversion	15.00%
Percent of product which allows conversion	103.00%
Conversion price \| $ / shares	$ 43.09
Earliest redemption date	Mar. 15, 2013
Redemption price, percent of principal	100.00%
Covenant, voting power	50.00%
Note hedge and warrant, net cost	$ 14,700
Number of warrants sold \| shares	4.1
Strike price of warrants \| $ / shares	52.25
Carrying amount of equity component	$ 25,500
Warrants [Member]
Debt Instrument [Line Items]
Incremental net shares will be included in future diluted earnings per share, maximum average common stock price \| $ / shares	$ 49.2

Fair Value Measurements (Schedule of Fair Value of Financial Assets and Liabilities) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Total fair value [Member]
Assets:
Cash equivalents	$ 39,750	$ 30,287
Common stock of foreign public company	581	577
Foreign exchange contracts	193	1
Liabilities:
Interest rate swap	(4,914)	(4,251)
Quoted prices in active markets (Level 1) [Member]
Assets:
Cash equivalents	39,750	30,287
Common stock of foreign public company	581	577
Foreign exchange contracts
Liabilities:
Interest rate swap
Significant other observable inputs (Level 2) [Member]
Assets:
Cash equivalents
Common stock of foreign public company
Foreign exchange contracts	193	1
Liabilities:
Interest rate swap	$ (4,914)	$ (4,251)

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011	Jul. 16, 2010
Fair Value Disclosures [Line Items]
(Losses)/gains recognized in income, net	$ 100	$ 300
Liability Derivative	4,914		$ 4,251
Designated as Hedging Instrument [Member]
Fair Value Disclosures [Line Items]
Liability Derivative	4,914		4,251
Credit Agreement [Member]
Fair Value Disclosures [Line Items]
Amount of credit facility	390,000			$ 390,000
Interest Rate Swap [Member]
Fair Value Disclosures [Line Items]
Interest expense	800	$ 900
Interest Rate Swap [Member] \| Designated as Hedging Instrument [Member] \| Other Noncurrent Liabilities [Member]
Fair Value Disclosures [Line Items]
Liability Derivative	$ 4,914		$ 4,251
Interest Rate Swap [Member] \| Minimum [Member]
Fair Value Disclosures [Line Items]
Fixed interest rate in swap	2.00%
Interest Rate Swap [Member] \| Maximum [Member]
Fair Value Disclosures [Line Items]
Fixed interest rate in swap	2.75%
Interest Rate Swap [Member] \| Credit Agreement [Member]
Fair Value Disclosures [Line Items]
Notional amount				$ 105,000
Fixed interest rate in swap				2.04%

Fair Value Measurements (Schedule of Fair Value of Derivative Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 193	$ 1
Liability Derivatives	(4,914)	(4,251)
Total derivatives	(4,721)	(4,250)
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	(4,914)	(4,251)
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	193	1
Foreign Exchange Contract [Member] \| Not Designated as Hedging Instrument [Member] \| Other Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	193	1
Interest Rate Swap [Member] \| Designated as Hedging Instrument [Member] \| Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	$ (4,914)	$ (4,251)

Fair Value Measurements (Schedule of (Losses)/Gains on Changes in Fair Value of Derivative Instruments) (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2012

Jun. 30, 2011

Jun. 30, 2012

Jun. 30, 2011

Derivative Instruments, Gain (Loss) [Line Items]

(Losses)/gains recognized in income, net

$ 100

$ 300

Interest Rate Swap [Member] | Other Comprehensive Income (Loss) [Member] | Designated as Hedging Instrument [Member]

Derivative Instruments, Gain (Loss) [Line Items]

(Losses)/gains recognized in other comprehensive income

$ 193

^[1]

$ (1,328)

^[2]

405

^[3]

(925)

^[4]

Foreign Exchange Option [Member] | Other Expense [Member] | Not Designated as Hedging Instrument [Member]

Derivative Instruments, Gain (Loss) [Line Items]

(Losses)/gains recognized in income, net

$ 117

^[5]

$ 24

^[6]

$ 118

^[7]

$ 258

^[8]

[1]	Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.
[2]	Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.
[3]	Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.
[4]	Unrealized losses are recognized in Other comprehensive income, net of tax. This derivative was an effective hedge of interest rate cash flow risk for the three months ended June 30, 2012.
[5]	(Losses)/gains are recognized in Other expense, net.
[6]	(Losses)/gains are recognized in Other expense, net.
[7]	(Losses)/gains are recognized in Other expense, net.
[8]	(Losses)/gains are recognized in Other expense, net.

- Definition

The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References + Details

Contingencies (Narrative) (Details)	6 Months Ended
Contingencies (Narrative) (Details)	Jun. 30, 2012	Jul. 20, 2012 USD ($) Claims	Dec. 31, 2011 Claims	Dec. 31, 2010 Claims	Dec. 31, 2009 Claims	Dec. 31, 2008 Claims	Dec. 31, 2007 Claims	Dec. 31, 2006 Claims	Dec. 31, 2005 Claims	Dec. 31, 2004 Claims	Dec. 31, 2003
Asbestos Litigation [Member]
Loss Contingencies [Line Items]
Number of claims		4,426	4,446	5,170	8,945	18,385	18,798	19,416	24,451	29,411
Total resolved claims, by means of settlement or dismissal		36,349
Total cost of resolution \| $		$ 8,628,500
Resolution costs paid by insurance carrier		100.00%
Confirmed insurance coverage	130,000,000
Asbestos Litigation [Member] \| Brandon Drying Fabrics, Inc. [Member]
Loss Contingencies [Line Items]
Number of claims		7,873	7,877	7,869	7,907	8,664	8,740	9,114	9,566	9,985
Total resolved claims, by means of settlement or dismissal		9,727
Total cost of resolution \| $		$ 200,000
Resolution costs paid by insurance carrier										100.00%	88.20%
Percent of resolution costs paid by entity											11.80%
NAFTA Audits [Member]
Loss Contingencies [Line Items]
Number of audits	36		36
NAFTA Audits [Member] \| Cancelled Litigation [Member]
Loss Contingencies [Line Items]
Number of audits	19
NAFTA Audits [Member] \| Pending Litigation [Member]
Loss Contingencies [Line Items]
Number of audits	9		28
NAFTA Audits [Member] \| Threatened Litigation [Member]
Loss Contingencies [Line Items]
Number of audits	8

Contingencies (Schedule of Changes in Claims) (Details) - Asbestos Litigation [Member] $ in Thousands	7 Months Ended	12 Months Ended
	Jul. 20, 2012 USD ($) Claims	Dec. 31, 2011 USD ($) Claims	Dec. 31, 2010 USD ($) Claims	Dec. 31, 2009 USD ($) Claims	Dec. 31, 2008 USD ($) Claims	Dec. 31, 2007 USD ($) Claims	Dec. 31, 2006 USD ($) Claims	Dec. 31, 2005 USD ($) Claims
Loss Contingencies [Line Items]
Opening Number of Claims	4,446	5,170	8,945	18,385	18,798	19,416	24,451	29,411
Claims Dismissed, Settled, or Resolved	69	789	3,963	9,482	523	808	6,841	6,257
New Claims	49	65	188	42	110	190	1,806	1,297
Closing Number of Claims	4,426	4,446	5,170	8,945	18,385	18,798	19,416	24,451
Amounts Paid (thousands) to Settle or Resolve ($) \| $	$ 513	$ 1,111	$ 159	$ 88	$ 52	$ 15	$ 3,879	$ 504
Brandon Drying Fabrics, Inc. [Member]
Loss Contingencies [Line Items]
Opening Number of Claims	7,877	7,869	7,907	8,664	8,740	9,114	9,566	9,985
Claims Dismissed, Settled, or Resolved	6	3	47	760	86	462	1,182	642
New Claims	2	11	9	3	10	88	730	223
Closing Number of Claims	7,873	7,877	7,869	7,907	8,664	8,740	9,114	9,566
Amounts Paid (thousands) to Settle or Resolve ($) \| $	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0

Changes in Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Balance			$ 415,850
Net (loss)/income	$ (33,745)	$ 8,762	13,296	$ 25,495
Dividends declared			(8,460)
Compensation and benefits paid or payable in Class A Common Stock			668
Options exercised			280
Currency translation adjustment			(7,222)
Pension settlement			79,204
Pension plan remeasurement			(17,347)
Amortization of pension liability			1,840
Change in derivative valuation adjustment			(405)
Balance	477,704		477,704
Class A Common Stock [Member]
Balance			37
Net (loss)/income
Dividends declared
Compensation and benefits paid or payable in Class A Common Stock
Options exercised
Currency translation adjustment
Pension settlement
Pension plan remeasurement
Amortization of pension liability
Change in derivative valuation adjustment
Balance	37		37
Class B Common Stock [Member]
Balance			3
Net (loss)/income
Dividends declared
Compensation and benefits paid or payable in Class A Common Stock
Options exercised
Currency translation adjustment
Pension settlement
Pension plan remeasurement
Amortization of pension liability
Change in derivative valuation adjustment
Balance	3		3
Additional Paid-in Capital [Member]
Balance			391,495
Net (loss)/income
Dividends declared
Compensation and benefits paid or payable in Class A Common Stock			412
Options exercised			280
Currency translation adjustment
Pension settlement
Pension plan remeasurement
Amortization of pension liability
Change in derivative valuation adjustment
Balance	392,187		392,187
Retained Earnings [Member]
Balance			422,044
Net (loss)/income			13,296
Dividends declared			(8,460)
Compensation and benefits paid or payable in Class A Common Stock
Options exercised
Currency translation adjustment
Pension settlement
Pension plan remeasurement
Amortization of pension liability
Change in derivative valuation adjustment
Balance	426,880		426,880
Accumulated Items of Other Comprehensive Income [Member]
Balance			(139,809)
Net (loss)/income
Dividends declared
Compensation and benefits paid or payable in Class A Common Stock
Options exercised
Currency translation adjustment			(7,222)
Pension settlement			79,204
Pension plan remeasurement			(17,347)
Amortization of pension liability			1,840
Change in derivative valuation adjustment			(405)
Balance	(83,739)		(83,739)
Treasury Stock [Member]
Balance			(257,920)
Net (loss)/income
Dividends declared
Compensation and benefits paid or payable in Class A Common Stock			256
Options exercised
Currency translation adjustment
Pension settlement
Pension plan remeasurement
Amortization of pension liability
Change in derivative valuation adjustment
Balance	$ (257,664)		$ (257,664)