v3.25.1
Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2025
Noncontrolling Interest [Abstract]  
Schedule of Income Attributable to Noncontrolling Interest and Noncontrolling Equity
The table below presents a reconciliation of income attributable to the noncontrolling interest and noncontrolling equity in the Company’s subsidiaries:
ASC Noncontrolling InterestThree months ended March 31,
(in thousands, except percentages)20252024
Net income of Albany Safran Composites (ASC)$940 $1,014 
Less: Return attributable to the Company's preferred holding441 308 
Net income of ASC available for common ownership$499 $706 
Ownership percentage of noncontrolling shareholder10 %10 %
Net income attributable to the noncontrolling interest$50 $71 
Noncontrolling interest, beginning of year$4,983 $5,423 
Net income attributable to noncontrolling interest50 71 
Changes in other comprehensive income attributable to the noncontrolling interest(136)57 
ASC Noncontrolling interest, end of interim period
$4,897 $5,551 
Arcari Noncontrolling interest, end of interim period
$296 $525 
Total Noncontrolling interest, end of interim period$5,193 $6,076