AIN — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-04-30

• •Assets classified as held for sale may be sold for proceeds lower than currently estimated, or not sold within expected terms or timing;

• •Proposed tariffs that may significantly and adversely impact our results of operations;

• •Cybersecurity incidents or significant computer system compromises or data breaches;

• •Failure to successfully integrate the Heimbach Group companies into our business systems and processes within the expected timeframe or, failure to or delayed realization of anticipated benefits of the acquisition could adversely impact the Company’s business, financial condition and results of ope…

• Also, please refer to the Business Environment Overview and Trends in the Management's Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended December 31, 2025. The Annual Report on Form 10-K, along with the Company's other filin…

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• •Some of the Company’s competitors in the Machine Clothing segment have the capability to make and sell paper machines and papermaking equipment as well as other engineered fabrics;

• •Machine Clothing and Albany Engineered Composites segments are subject to significant risks related to the potential manufacture and sale of defective or non-conforming products;

• •Deterioration of global economic conditions could have an adverse impact on the Company's segments and overall business and results of operations;

• •In the Albany Engineered Composites segment, new and unique risks introduced by the U.S. Government's Department of Defense ("DoD") Cybersecurity Maturity Model Certification ("CMMC") program;

• •We may be unable to maintain effective systems of internal controls while consolidating dispersed corporate functions to our corporate headquarters in New Hampshire;

Text added vs the prior filing · source: 10-Q · 2026-04-30

• Assuming borrowings were outstanding for an entire year, an increase of one percentage point in weighted average interest rates would increase interest expense by $3.0 million. To manage interest rate risk, we may periodically enter into interest rate swap agreements to effectively fix the interest …

• On April 15, 2026, the Company entered into USD and EUR forward starting interest rate swap agreements with starting dates of November 15, 2026 and November 14, 2026, respectively, and both with three-year terms. These instruments are intended to replace the Company's existing interest rate swap agr…

• See Note 15. Financial Instruments in the Notes to the Consolidated Financial Statements in Item 1, which is incorporated herein by reference.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• USD borrowings (end of period all-in interest rate of 6.0%)250,000

• EUR borrowings (end of period all-in interest rate of 3.5%)52,815

• Assuming borrowings were outstanding for an entire year, an increase of one percentage point in weighted average interest rates would increase interest expense by $3.0 million. To manage interest rate risk, we may periodically enter into interest rate swap agreements to effectively fix the interest …

Text added vs the prior filing · source: 10-Q · 2026-04-30

• The principal executive officer and principal financial officer, based on their evaluation of disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this Quarterly Report on Form 10-Q, have concluded that the Company’s dis…

• for ensuring that information required to be disclosed in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, …

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• The principal executive officer and principal financial officer, based on their evaluation of disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this Quarterly Report on Form 10-Q, have concluded that the Company’s dis…

• and communicated to the Company’s management, including its principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.