2015 Q2 Form 10-Q Financial Statement

#000089109215006906 Filed on August 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q2
Revenue $172.3M $181.3M $193.5M
YoY Change -10.96% 0.55% -2.27%
Cost Of Revenue $117.7M $104.6M $118.2M
YoY Change -0.4% -0.81% -1.96%
Gross Profit $54.60M $76.68M $75.30M
YoY Change -27.49% 2.52% -2.71%
Gross Profit Margin 31.69% 42.3% 38.91%
Selling, General & Admin $39.93M $35.23M $40.01M
YoY Change -0.2% -10.02% -4.72%
% of Gross Profit 73.14% 45.95% 53.14%
Research & Development $10.40M $12.30M $14.40M
YoY Change -27.78% -11.51% -1.37%
% of Gross Profit 19.05% 16.04% 19.12%
Depreciation & Amortization $13.37M $13.52M $14.28M
YoY Change -6.33% -4.13% -1.05%
% of Gross Profit 24.49% 17.64% 18.96%
Operating Expenses $39.93M $35.23M $40.01M
YoY Change -0.2% -10.02% -4.72%
Operating Profit $3.038M $20.15M $18.98M
YoY Change -83.99% -2.19% -640.19%
Interest Expense -$2.702M -$2.676M -$2.717M
YoY Change -0.55% -8.29% -23.4%
% of Operating Profit -88.94% -13.28% -14.32%
Other Income/Expense, Net -$2.820M $3.285M $2.133M
YoY Change -232.21% 603.43% -196.47%
Pretax Income -$2.484M $20.76M $18.39M
YoY Change -113.51% 14.37% -298.39%
Income Tax -$364.0K $8.519M $7.216M
% Of Pretax Income 41.04% 39.23%
Net Earnings -$2.200M $12.21M $11.20M
YoY Change -119.64% 15.22% -251.35%
Net Earnings / Revenue -1.28% 6.74% 5.79%
Basic Earnings Per Share -$0.07 $0.38 $0.35
Diluted Earnings Per Share -$0.07 $0.38 $0.35
COMMON SHARES
Basic Shares Outstanding 32.00M shares 31.88M shares 31.83M shares
Diluted Shares Outstanding 32.00M shares 31.97M shares 31.94M shares

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $182.5M $170.8M $206.8M
YoY Change -11.75% -18.04% 4.82%
Cash & Equivalents $182.5M $170.8M $206.8M
Short-Term Investments
Other Short-Term Assets $17.00M $10.40M $10.10M
YoY Change 68.32% -12.61% -17.89%
Inventory $109.6M $104.8M $123.9M
Prepaid Expenses
Receivables $161.0M $163.4M $148.5M
Other Receivables $43.50M $44.70M $25.00M
Total Short-Term Assets $476.8M $456.1M $503.2M
YoY Change -5.24% -10.21% -3.64%
LONG-TERM ASSETS
Property, Plant & Equipment $379.1M $380.9M $414.8M
YoY Change -8.59% -8.3% 1.94%
Goodwill $67.49M $65.72M $78.64M
YoY Change -14.17% -16.75% 3.89%
Intangibles $270.0K $328.0K $501.0K
YoY Change -46.11% -41.32% -31.65%
Long-Term Investments
YoY Change
Other Assets $27.91M $32.92M $29.71M
YoY Change -6.07% 19.41% 10.55%
Total Long-Term Assets $546.6M $545.6M $635.5M
YoY Change -13.99% -14.57% -0.02%
TOTAL ASSETS
Total Short-Term Assets $476.8M $456.1M $503.2M
Total Long-Term Assets $546.6M $545.6M $635.5M
Total Assets $1.023B $1.002B $1.139B
YoY Change -10.13% -12.64% -1.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.26M $36.36M $35.70M
YoY Change -9.64% 3.49% 4.9%
Accrued Expenses $89.54M $88.99M $100.0M
YoY Change -10.46% -10.54% -23.23%
Deferred Revenue
YoY Change
Short-Term Debt $500.0K $500.0K $700.0K
YoY Change -28.57% -37.5% 16.67%
Long-Term Debt Due $50.02M $50.02M $1.265M
YoY Change 3853.75% 1889.46% -97.7%
Total Short-Term Liabilities $174.1M $177.7M $142.0M
YoY Change 22.57% 25.48% -37.63%
LONG-TERM LIABILITIES
Long-Term Debt $252.1M $232.1M $283.1M
YoY Change -10.96% -22.41% 6.68%
Other Long-Term Liabilities $98.59M $98.50M $100.9M
YoY Change -2.33% -4.11% -23.42%
Total Long-Term Liabilities $350.7M $330.6M $384.0M
YoY Change -8.69% -17.73% -3.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $174.1M $177.7M $142.0M
Total Long-Term Liabilities $350.7M $330.6M $384.0M
Total Liabilities $531.6M $515.2M $579.4M
YoY Change -8.25% -13.72% -14.5%
SHAREHOLDERS EQUITY
Retained Earnings $455.6M $463.2M $446.6M
YoY Change 2.02% 5.17% 3.68%
Common Stock $40.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $257.4M $257.5M $257.5M
YoY Change -0.03% -0.03% -0.03%
Treasury Stock Shares 8.455M shares 8.459M shares 8.459M shares
Shareholders Equity $488.1M $482.7M $555.9M
YoY Change
Total Liabilities & Shareholders Equity $1.023B $1.002B $1.139B
YoY Change -10.13% -12.64% -1.66%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q2
OPERATING ACTIVITIES
Net Income -$2.200M $12.21M $11.20M
YoY Change -119.64% 15.22% -251.35%
Depreciation, Depletion And Amortization $13.37M $13.52M $14.28M
YoY Change -6.33% -4.13% -1.05%
Cash From Operating Activities $10.94M $6.409M $32.69M
YoY Change -66.52% -27.57% 16.14%
INVESTING ACTIVITIES
Capital Expenditures $18.46M $12.21M $12.80M
YoY Change 44.19% -16.38% -12.46%
Acquisitions
YoY Change
Other Investing Activities $0.00 $2.800M $1.000M
YoY Change -100.0%
Cash From Investing Activities -$18.76M -$9.447M -$11.86M
YoY Change 58.18% -36.58% -21.85%
FINANCING ACTIVITIES
Cash Dividend Paid $5.107M $5.098M $4.774M
YoY Change 6.98% 6.99% 7.94%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $14.69M $5.679M -$21.77M
YoY Change -167.48% -185.0% 29.85%
NET CHANGE
Cash From Operating Activities $10.94M $6.409M $32.69M
Cash From Investing Activities -$18.76M -$9.447M -$11.86M
Cash From Financing Activities $14.69M $5.679M -$21.77M
Net Change In Cash $6.871M $2.641M -$935.0K
YoY Change -834.87% -120.75% -75.33%
FREE CASH FLOW
Cash From Operating Activities $10.94M $6.409M $32.69M
Capital Expenditures $18.46M $12.21M $12.80M
Free Cash Flow -$7.512M -$5.802M $19.89M
YoY Change -137.77% 0.82% 47.04%

Facts In Submission

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CashAndCashEquivalentsAtCarryingValue
222666000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
206836000 USD
ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
1903000 USD
ain Amortization Of Debt Issuance Costs And Loan Origination Fees
AmortizationOfDebtIssuanceCostsAndLoanOriginationFees
545000 USD
ain Amortization Of Debt Issuance Costs And Loan Origination Fees
AmortizationOfDebtIssuanceCostsAndLoanOriginationFees
597000 USD
us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
872000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
-411000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
333000 USD
ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
74000 shares
ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
104000 shares
ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
549000 USD
us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10041000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21840000 USD
ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
38.76
ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
35.97
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
385000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
115000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
270000 USD
CY2015Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
132754000 USD
CY2014Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
136479000 USD
CY2015Q2 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
18247000 USD
CY2014Q4 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
13045000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-4191000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
231000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
29000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
29000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
29000 USD
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8567000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8713000 USD
CY2015Q2 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
18563000 USD
CY2014Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
17426000 USD
us-gaap Finite Lived Intangible Assets Translation Adjustments
FiniteLivedIntangibleAssetsTranslationAdjustments
USD
ain Goodwill Amortization
GoodwillAmortization
USD
CY2015Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
25942000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
27006000 USD
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
46626000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
43512000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
37062000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
36756000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
302103000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
272111000 USD
CY2015Q2 ain Covenant Maximum Leverage Ratio
CovenantMaximumLeverageRatio
3.50 pure
CY2015Q2 ain Covenant Minimum Interest Coverage Ratio
CovenantMinimumInterestCoverageRatio
3.00 pure
CY2015Q2 ain Leverage Ratio
LeverageRatio
1.55 pure
CY2015Q2 ain Interest Coverage Ratio
InterestCoverageRatio
12.59 pure
CY2015Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2702000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
829000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2327000 USD
us-gaap Dividends
Dividends
10549000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-26022000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-1610000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-163000 USD
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Trading Symbol
TradingSymbol
AIN
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
ALBANY INTERNATIONAL CORP /DE/
dei Entity Central Index Key
EntityCentralIndexKey
0000819793
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Type
DocumentType
10-Q
CY2015Q2 us-gaap Revenues
Revenues
172289000 USD
CY2014Q2 us-gaap Revenues
Revenues
193518000 USD
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
117697000 USD
CY2014Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
118175000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
54592000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
75343000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39932000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
40012000 USD
CY2015Q2 ain Technical Product Engineering And Research Expenses
TechnicalProductEngineeringAndResearchExpenses
10411000 USD
CY2014Q2 ain Technical Product Engineering And Research Expenses
TechnicalProductEngineeringAndResearchExpenses
14397000 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
1211000 USD
CY2014Q2 us-gaap Restructuring Charges
RestructuringCharges
1957000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3038000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18977000 USD
CY2014Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2717000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2820000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2133000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2484000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18393000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-364000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7216000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-2120000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
11177000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
52000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-42000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-2172000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
11219000 USD
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31999000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31832000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31999000 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31935000 shares
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
10785000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1111000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1461000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-467000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-113000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
122000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-182000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-44000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
9109000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
52000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9057000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-184000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-372000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
3289000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1108000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1355000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-473000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-955000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
98000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14321000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-42000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14363000 USD
CY2015Q2 us-gaap Depreciation
Depreciation
13373000 USD
CY2014Q2 us-gaap Depreciation
Depreciation
14276000 USD
CY2015Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1811000 USD
CY2014Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1821000 USD
CY2015Q2 ain Provision For Deferred Income Taxes Other Credits And Longterm Liabilities
ProvisionForDeferredIncomeTaxesOtherCreditsAndLongtermLiabilities
-5920000 USD
CY2014Q2 ain Provision For Deferred Income Taxes Other Credits And Longterm Liabilities
ProvisionForDeferredIncomeTaxesOtherCreditsAndLongtermLiabilities
2946000 USD
CY2015Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
263000 USD
CY2014Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
728000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
USD
CY2014Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
961000 USD
CY2015Q2 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
342000 USD
CY2014Q2 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
106000 USD
CY2015Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
419000 USD
CY2014Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
405000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4212000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3333000 USD
CY2015Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4061000 USD
CY2014Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1963000 USD
CY2015Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1715000 USD
CY2014Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1762000 USD
CY2015Q2 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
158000 USD
CY2014Q2 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
7000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4853000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
555000 USD
CY2015Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-933000 USD
CY2014Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
170000 USD
CY2015Q2 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
475000 USD
CY2014Q2 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
651000 USD
CY2015Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-7062000 USD
CY2014Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2098000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10943000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32689000 USD
CY2015Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18455000 USD
CY2014Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12799000 USD
CY2015Q2 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
304000 USD
CY2014Q2 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
21000 USD
CY2015Q2 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
USD
CY2014Q2 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
961000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18759000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11859000 USD
CY2015Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
24346000 USD
CY2014Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
235000 USD
CY2015Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
4303000 USD
CY2014Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
17593000 USD
CY2015Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1039000 USD
CY2014Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
261000 USD
CY2015Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
342000 USD
CY2014Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
106000 USD
CY2015Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
5107000 USD
CY2014Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
4774000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14687000 USD
CY2015Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
8326000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-21765000 USD
CY2015Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4765000 USD
CY2014Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-608000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
11636000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1543000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
170838000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208379000 USD
CY2014Q2 ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
1397000 USD
CY2015Q2 ain Amortization Of Debt Issuance Costs And Loan Origination Fees
AmortizationOfDebtIssuanceCostsAndLoanOriginationFees
234000 USD
CY2014Q2 ain Amortization Of Debt Issuance Costs And Loan Origination Fees
AmortizationOfDebtIssuanceCostsAndLoanOriginationFees
285000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
USD
CY2014Q2 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
USD
CY2015Q2 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
USD
CY2014Q2 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
961000 USD
us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
961000 USD
CY2015Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
-708000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
60000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2172000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11219000 USD
CY2015Q2 ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
shares
CY2014Q2 ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
103000 shares
CY2015Q2 ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
40.12
CY2014Q2 ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
36.23
CY2014Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
9102000 USD
CY2015Q2 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1630000 USD
CY2014Q2 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1630000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
USD
us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
50 employees
CY2015Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1080000 USD
CY2014Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6368000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7956000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12999000 USD
CY2015Q2 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
736000 USD
CY2014Q2 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
278000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
USD
CY2015Q2 ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
-344000 USD
CY2014Q2 ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
6646000 USD
ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
7956000 USD
ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
12999000 USD
CY2015Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
USD
CY2014Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
437000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
437000 USD
CY2015Q2 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
85000 USD
CY2014Q2 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
99000 USD
us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
168000 USD
us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
979000 USD
CY2015Q2 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-105000 USD
CY2014Q2 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
30000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-60000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
254000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
USD
ain Income Tax Expense Benefit Estimated Tax Rate
IncomeTaxExpenseBenefitEstimatedTaxRate
0.435 pure
ain Income Tax Expense Benefit Estimated Tax Rate
IncomeTaxExpenseBenefitEstimatedTaxRate
0.365 pure
CY2015Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3700000 USD
CY2015Q2 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
8800000 USD
CY2015Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
2500000 USD
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56000 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
166000 USD
CY2015Q2 ain Income Tax Reconciliation Effect Of Legislation Change
IncomeTaxReconciliationEffectOfLegislationChange
USD
CY2014Q2 ain Income Tax Reconciliation Effect Of Legislation Change
IncomeTaxReconciliationEffectOfLegislationChange
USD
ain Income Tax Reconciliation Effect Of Legislation Change
IncomeTaxReconciliationEffectOfLegislationChange
91000 USD
ain Income Tax Reconciliation Effect Of Legislation Change
IncomeTaxReconciliationEffectOfLegislationChange
USD
CY2015Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
USD
CY2014Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000 USD

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