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Albany International Inc. AIN Albany Engineered Composites — Goodwill, Impaired, Accumulated Impairment Loss
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Where this comes from
Reported directly by Albany International Inc. in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.
The source filing: Albany International Inc.’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 1:36 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-028744
| (in thousands) | Amortization life in years | Gross carrying amount | Accumulated amortization and other | Net carrying amount |
|---|---|---|---|---|
| AEC Customer relationships | 8-15 | 69,492 | (64,532) | 4,960 |
| Heimbach Developed technology | 9 | 8,813 | (2,592) | 6,221 |
| Total Finite-lived intangible assets | $86,169 | $(72,052) | $14,117 | |
| Indefinite-lived intangible assets: | ||||
| Heimbach Trade name | $6,326 | — | $6,326 | |
| MC Goodwill | 68,895 | — | 68,895 | |
| AEC Goodwill | 114,053 | (21,829) | 92,224 | |
| Total Indefinite-lived intangible assets: | $189,274 | $(21,829) | $167,445 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Albany International Inc.'s albany engineered composites — goodwill, impaired, accumulated impairment loss?
- Albany International Inc. (AIN) reported albany engineered composites — goodwill, impaired, accumulated impairment loss of $21.83M in Q1 2026.
- What does albany engineered composites — goodwill, impaired, accumulated impairment loss mean?
- Tracks the cumulative amount of impairment losses recognized against the goodwill associated with the Engineered Composites segment. This metric indicates that the carrying value of acquired assets has been written down due to a decline in the segment's expected future cash flows or market conditions. It is a critical indicator of past acquisition performance and potential overvaluation of intangible assets.
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