SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-K/A
(x)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
For the fiscal year ended: December 31, 1997
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from _____________ to _____________
Commission file number: 0-16214
ALBANY INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)
Delaware 14-0462060
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
1373 Broadway, Albany, New York 12204
------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 518-445-2200
--- --- ----
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
Class A Common Stock
($0.001 par value) New York Stock Exchange and
--------------------- ----------------------------
Pacific Stock Exchange
----------------------
Securities registered pursuant to Section 12(g) of the Act:
None
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports,) and (2) has been subject to such filing
requirements for the past 90 days. Yes X No __
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.[ ]
The aggregate market value of Class A Common Stock held on February 9, 1998 by
non-affiliates of the registrant was $557,192,783.
The registrant had 24,280,216 shares of Class A Common Stock and 5,615,563
shares of Class B Common Stock outstanding as of February 9, 1998.
DOCUMENTS INCORPORATED BY REFERENCE PART
Registrant's Annual Report to Shareholders for the year ended
December 31, 1997. II
Registrant's Proxy Statement for the Annual Meeting of Shareholders to
be held on May 12, 1998. III
Exhibit No. Exhibit Index
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27 Financial Data Schedule (Restated as of December 31, 1995)
27 Financial Data Schedule (Restated as of March 31, 1996)
27 Financial Data Schedule (Restated as of June 30, 1996)
27 Financial Data Schedule (Restated as of September 30, 1996)
27 Financial Data Schedule (Restated as of December 31, 1996)
27 Financial Data Schedule (Restated as of March 31, 1997)
27 Financial Data Schedule (Restated as of June 30, 1997)
27 Financial Data Schedule (Restated as of September 30, 1997)
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized on the 31st day of March,
1998.
ALBANY INTERNATIONAL CORP.
by /s/Michael C. Nahl
---------------------
Michael C. Nahl
Principal Financial Officer
Senior Vice President
and Chief Financial Officer
5
1,000
12-MOS
DEC-31-1995
DEC-31-1995
7,609
0
175,425
5,010
167,088
364,207
625,119
282,969
802,232
126,945
245,265
0
0
31
304,911
802,232
652,645
652,645
379,696
562,855
(1,024)
963
20,009
69,842
27,208
43,011
0
0
0
43,011
1.42
1.35
5
1,000
3-MOS
DEC-31-1996
MAR-31-1996
8,076
0
174,855
4,851
175,483
372,620
630,484
289,632
810,807
150,723
224,308
0
0
31
307,752
810,807
168,067
168,067
98,007
146,998
1,107
(159)
4,515
15,606
6,087
9,335
0
(1,296)
0
8,039
0.27
0.27
5
1,000
6-MOS
DEC-31-1996
JUN-30-1996
6,561
0
181,240
5,242
177,954
379,104
637,080
295,288
820,396
150,585
222,647
0
0
31
316,192
820,396
340,148
340,148
197,382
295,722
(28)
232
8,515
35,707
13,928
21,666
0
(1,296)
0
20,370
0.67
0.67
5
1,000
9-MOS
DEC-31-1996
SEP-30-1996
9,166
0
176,177
5,351
179,132
378,275
642,973
303,621
818,950
183,147
185,852
0
0
31
325,221
818,950
509,969
509,969
295,150
440,961
574
341
12,221
55,872
21,792
34,192
0
(1,296)
0
32,896
1.08
1.08
5
1,000
12-MOS
DEC-31-1996
DEC-31-1996
8,034
0
184,478
4,962
180,198
384,627
641,695
302,234
831,917
176,746
187,100
0
0
31
332,299
831,917
692,760
692,760
399,311
594,939
12
1,036
15,833
80,940
31,570
49,602
0
(1,296)
0
48,306
1.59
1.58
5
1,000
3-MOS
DEC-31-1997
MAR-31-1997
7,028
0
176,295
4,271
182,472
378,679
625,995
298,674
814,714
139,660
211,959
0
0
31
326,904
814,714
171,820
171,820
100,005
150,189
583
(691)
3,888
17,851
6,961
10,883
0
0
0
10,883
0.36
0.35
5
1,000
6-MOS
DEC-31-1997
JUN-30-1997
10,875
0
179,881
4,211
181,948
384,661
624,501
300,179
819,622
148,468
193,954
0
0
31
332,824
819,622
353,724
353,724
203,223
305,960
1,024
(751)
7,725
39,766
15,508
24,354
0
0
0
24,354
0.80
0.78
5
1,000
9-MOS
DEC-31-1997
SEP-30-1997
22,471
0
173,471
4,777
182,153
391,119
629,243
305,772
829,808
162,107
188,621
0
0
31
342,508
829,808
525,454
525,454
301,038
453,062
2,696
(185)
11,570
58,311
22,740
35,778
0
0
0
35,778
1.17
1.14
