ALBANY INTERNATIONAL CORP /DE/ (AIN)
CIK 819793 · EDGAR correspondence
| Date | Company | Type | Outcome | Issues |
|---|---|---|---|---|
| 2026-02-25 | ALBANY INTERNATIONAL CORP /DE/ (AIN) | SEC staff letter | Review completed (no further comments) | |
| 2026-02-24 | ALBANY INTERNATIONAL CORP /DE/ (AIN) | Company response | Agreed to revise | Non-GAAP: Adjustments & LabelsNon-GAAP: Reconciliation & Usefulness |
| 2026-01-27 | ALBANY INTERNATIONAL CORP /DE/ (AIN) | SEC staff letter | 1 staff comment(s) issued | Non-GAAP: Adjustments & LabelsNon-GAAP: Reconciliation & Usefulness |
| 2025-12-23 | ALBANY INTERNATIONAL CORP /DE/ (AIN) | Company response | Agreed to revise | Non-GAAP: Adjustments & LabelsNon-GAAP: Reconciliation & UsefulnessEarnings per Share (ASC 260) |
| 2025-12-15 | ALBANY INTERNATIONAL CORP /DE/ (AIN) | SEC staff letter | 1 staff comment(s) issued | Non-GAAP: Adjustments & LabelsNon-GAAP: Reconciliation & UsefulnessEarnings per Share (ASC 260) |
Comments & responses
2026-01-27 · Albany International Corp. Form 10-K for the Fiscal Year Ended December 31, 2024 Form 8-K Filed November 5, 2025 Respons · Comment 1 · Reconciliations of Non-GAAP Financial Measures, page 8 Agreed to revise
Staff comment: We considered your response to prior comment one. Presenting non-GAAP financial measures that exclude the CH-53K program losses and related adjustments does not appear to be appropriate given the nature of your fixed price long-term contracts. In this regard, recording changes in contract estimates is a normal recurring aspect in revenue recognition for fixed price long-term contracts. Please revise your future filings to remove this adjustment. letter →
Company response: Albany International Corp. (the “Company” or “we”) respectfully submits the following response to the comment included in your letter of January 22, 2026. For your convenience, your comment is repeated below in italics followed by the Company’s response. We considered your response to prior comment one. Presenting non-GAAP financial measures that exclude the CH-53K program losses and related adjustments does not appear to be appropriate given the nature of your fixed price long-term contracts. In this regard, recording changes in contract estimates is a normal recurring aspect in revenue recognition for fixed price long-term contracts. Please revise your future filings to remove this… response letter →
2025-12-15 · Albany International Corp. Form 10-K for the Fiscal Year Ended December 31, 2024 Filed February 26, 2025 Form 8-K Filed · Comment 1 · Reconciliations of Non-GAAP Financial Measures, page 8 Agreed to revise
Staff comment: We note you present several non-GAAP financial measures including Adjusted net revenues, Adjusted gross profit/(loss), Adjusted gross profit/(loss) margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income, and Adjusted earnings per share attributable to the Company shareholders – diluted. We also note that these measures exclude the CH-53K loss contract reserve and program adjustments. Although disclosing the impact of material items on reported GAAP results is appropriate, it is not clear to us how you determined that presenting non-GAAP financial measures excluding this item is appropriate. Please revise future filings to remove this adjustment or explain to us how you… letter →
Company response: Albany International Corp. (the “Company” or “we”) respectfully submits the following response to the comment included in your letter of December 15, 2025 referenced above. For your convenience, your comment is repeated below in italics followed by the Company’s response. We note you present several non-GAAP financial measures including Adjusted net revenues, Adjusted gross profit/(loss), Adjusted gross profit/(loss) margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income, and Adjusted earnings per share attributable to the Company shareholders – diluted. We also note that these measures exclude the CH-53K loss contract reserve and program adjustments. Although disclosing the… response letter →
Templates & resources
- AICPA & CIMA – SEC reporting resources (AICPA & CIMA · Professional body · Free / member)
- BDO Accounting, Reporting & Compliance Hub (ARCH) (BDO · Firm guide · Free)
- Deloitte DART – Roadmap Series (Deloitte · Firm guide · Free)
- Deloitte Roadmap: SEC Comment Letter Considerations (Deloitte · Firm guide · Free)
- KPMG Financial Reporting View (KPMG · Firm guide · Free)
- PwC Viewpoint (PwC · Firm guide · Free / paid)
- RSM Financial Reporting Resource Center (RSM · Firm guide · Free)
- SEC – EDGAR Full Text Search (SEC · Regulator · Free)