ALBANY INTERNATIONAL CORP /DE/ - FORM 8-K - EX-99.8 - SCHEDULES SHOWING EBITDA AND ADJUSTED EBITDA - July 20, 2012

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EXCEL - IDEA: XBRL DOCUMENT - ALBANY INTERNATIONAL CORP /DE/Financial_Report.xls
EX-99.3 - EFFECT OF CHANGES FOR THE FOURTH QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-3.htm
EX-99.2 - EFFECT OF CHANGES FOR THE THIRD QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-2.htm
EX-99.5 - EFFECT OF CHANGES ON THE INCOME STATEMENT FOR THE THIRD QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-5.htm
EX-99.1 - EFFECT OF CHANGES FOR THE SECOND QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-1.htm
EX-99.4 - EFFECT OF CHANGES ON THE INCOME STATEMENT FOR THE SECOND QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-4.htm
EX-99.6 - EFFECT OF CHANGES ON THE INCOME STATEMENT FOR THE FOURTH QUARTER OF 2011 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-6.htm
8-K - CURRENT REPORT - ALBANY INTERNATIONAL CORP /DE/e49190_8k.htm
EX-99.7 - SCHEDULE SHOWING THE EFFECT ON ITEM 6 - ALBANY INTERNATIONAL CORP /DE/e49190ex99-7.htm

99.8   Schedules showing EBITDA and Adjusted EBITDA by reportable segment for the first quarter of 2012, quarterly periods of 2011, and full year periods 2011, 2010 and 2009 (000’s, except per share amounts).

Three months ended March 31, 2012  Machine     Research and  Total
   Clothing  AEC  Unallocated  Company
Income from continuing operations  $30,845   $29   $(31,003)  $(129)
Interest expense, net   -    -    4,644    4,644 
Income tax expense/(benefit)   -    -    (9,972)   (9,972)
Depreciation and amortization   12,053    1,405    2,569    16,027 
EBITDA from continuing operations   42,898    1,434    (33,762)   10,570 
Restructuring, net   673    -    (415)   258 
Foreign currency revaluation losses/(gains)   1,766    -    3,834    5,600 
Other charges/(credits) (A)   -    -    9,175    9,175 
Adjusted EBITDA from continuing operations  $45,337   $1,434   $(21,168)  $25,603 

(A) The Company incurred a charge of $9.2 million in connection with the settlement of a pension plan.

Three months ended March 31, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $50,271   $(1,043)  $(37,010)  $12,218 
Interest expense, net   -    -    4,776    4,776 
Income tax expense/(benefit)   -    -    3,267    3,267 
Depreciation and amortization   12,019    1,196    2,408    15,623 
EBITDA from continuing operations   62,290    153    (26,559)   35,884 
Restructuring, net   33    13   (12)   34 
Foreign currency revaluation losses/(gains)   1,968    1    3,871    5,840 
Other charges/(credits) (B)   (400)   -    -    (400)
Adjusted EBITDA from continuing operations  $63,891   $167   $(22,700)  $41,358 

(B) The Company recorded a gain of $0.4 million in connection with the sale of a former manufacturing facility.

Three months ended June 30, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $37,709   $(1,144)  $(32,017)  $4,548 
Interest expense, net   -    -    4,786    4,786 
Income tax expense/(benefit)   -    -    3,139    3,139 
Depreciation and amortization   12,152    1,203    2,620    15,975 
EBITDA from continuing operations   49,861    59    (21,472)   28,448 
Restructuring, net   572    44    1,115    1,731 
Foreign currency revaluation losses/(gains)   1,982    1    (490)   1,493 
Other charges/(credits) (C )   (608)   -    -    (608)
Adjusted EBITDA from continuing operations  $51,807   $104   $(20,847)  $31,064 

(C) The Company recorded a gain of $0.6 million in connection with the sale of a former manufacturing facility.

Six months ended June 30, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $87,980   $(2,187)  $(69,027)  $16,766 
Interest expense, net   -    -    9,562    9,562 
Income tax expense/(benefit)   -    -    6,406    6,406 
Depreciation and amortization   24,171    2,399    5,028    31,598 
EBITDA from continuing operations   112,151    212    (48,031)   64,332 
Restructuring, net   605    57    1,103    1,765 
Foreign currency revaluation losses/(gains)   3,950    2    3,381    7,333 
Other charges/(credits)  (D)   (1,008)   -    -    (1,008)
Adjusted EBITDA from continuing operations  $115,698   $271   $(43,547)  $72,422 

(D) The Company recorded gains of $1.0 million in connection with the sale of a former manufacturing facilities.

Three months ended September 30, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $48,867   $(1,434)  $(32,940)  $14,493 
Interest expense, net   -    -    4,377    4,377 
Income tax expense/(benefit)   -    -    7,897    7,897 
Depreciation and amortization   12,049    1,241    2,642    15,932 
EBITDA from continuing operations   60,916    (193)   (18,024)   42,699 
Restructuring, net   2,610    -    81    2,691 
Foreign currency revaluation losses/(gains)   (5,775)   -    (623)   (6,398)
Other charges/(credits)   -    -    -    - 
Adjusted EBITDA from continuing operations  $57,751   $(193)  $(18,566)  $38,992 

Nine months ended September 30, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $136,847   $(3,621)  $(101,967)  $31,259 
Interest expense, net   -    -    13,939    13,939 
Income tax expense/(benefit)   -    -    14,303    14,303 
Depreciation and amortization   36,220    3,640    7,670    47,530 
EBITDA from continuing operations   173,067    19    (66,055)   107,031 
Restructuring, net   3,215    57    1,184    4,456 
Foreign currency revaluation losses/(gains)   (1,825)   2    2,758    935 
Other charges/(credits)  (D)   (1,008)   -    -    (1,008)
Adjusted EBITDA from continuing operations  $173,449   $78   $(62,113)  $111,414 

(D) The Company recorded gains of $1.0 million in connection with the sale of a former manufacturing facilities.

Three months ended December 31, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $39,911   $(583)  $(49,320)  $(9,992)
Interest expense, net   -    -    4,182    4,182 
Income tax expense/(benefit)   -    -    18,278    18,278 
Depreciation and amortization   12,039    1,319    2,667    16,025 
EBITDA from continuing operations   51,950    736    (24,193)   28,493 
Restructuring, net   2,465    -    2,396    4,861 
Foreign currency revaluation losses/(gains)   (860)   (1)   (2,736)   (3,597)
Other charges/(credits)   -    -    -    - 
Adjusted EBITDA from continuing operations  $53,555   $735   $(24,533)  $29,757 

Year ended December 31, 2011  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $176,758   $(4,204)  $(151,288)  $21,266 
Interest expense, net   -    -    18,121    18,121 
Income tax expense/(benefit)   -    -    32,582    32,582 
Depreciation and amortization   48,259    4,959    10,337    63,555 
EBITDA from continuing operations   225,017    755    (90,248)   135,524 
Restructuring, net   5,680    57    3,580    9,317 
Foreign currency revaluation losses/(gains)   (2,685)   1    22    (2,662)
Other charges/(credits)  (D)   (1,008)   -    -    (1,008)
Adjusted EBITDA from continuing operations  $227,004   $813   $(86,646)  $141,171 

(D) The Company recorded gains of $1.0 million in connection with the sale of a former manufacturing facilities.

Year ended December 31, 2010  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $165,662   $(9,176)  $(129,063)  $27,423 
Interest expense, net   -    -    17,240    17,240 
Income tax expense/(benefit)   -    -    21,022    21,022 
Depreciation and amortization   46,982    4,253    9,014    60,249 
EBITDA from continuing operations   212,644    (4,923)   (81,787)   125,934 
Restructuring, net   4,762    930    (1,945)   3,747 
Foreign currency revaluation losses/(gains)   (397)   7    (4,552)   (4,942)
Other charges/(credits) (E)   (9,400)   -    -    (9,400)
Adjusted EBITDA from continuing operations  $207,609   $(3,986)  $(88,284)  $115,339 

(E) The Company recorded a gain of $0.6 million in connection with the sale of a former manufacturing facility.

Year ended December 31, 2009  Machine     Research and  Total
000’s  Clothing  AEC  Unallocated  Company
Income from continuing operations  $45,671   $(6,653)  $(62,550)  $(23,532)
Interest expense, net   -    -    20,627    20,627 
Income tax expense/(benefit)   -    -    12,917    12,917 
Depreciation and amortization   56,156    3,200    7,928    67,284 
EBITDA from continuing operations   101,827    (3,453)   (21,078)   77,296 
Restructuring, net   71,252    291    (3,430)   68,113 
Foreign currency revaluation losses/(gains)   2,710    4    (2,203)   511 
Other charges/(credits) (F)   -    -    (51,959)   (51,959)
Adjusted EBITDA from continuing operations  $175,789   $(3,158)  $(78,670)  $93,961 

(F) The Company recorded gains of $52.0 million related to early retirement of debt.

ALBANY INTERNATIONAL CORP /DE/ Reports

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