ALBANY INTERNATIONAL CORP /DE/ - FORM 8-K/A - EX-99.6 - EFFECT OF CHANGES ON INCOME STATEMENT Q1 2011 - July 20, 2012

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EXCEL - IDEA: XBRL DOCUMENT - ALBANY INTERNATIONAL CORP /DE/Financial_Report.xls
8-K/A - CURRENT REPORT - ALBANY INTERNATIONAL CORP /DE/e49191_8ka.htm
EX-99.9 - EFFECT OF CHANGES ON INCOME STATE FULL YEAR 2010 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-9.htm
EX-99.8 - EFFECT OF CHANGES ON INCOME STATE FULL YEAR 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-8.htm
EX-99.2 - EFFECT OF CHANGES Q1 2012 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-2.htm
EX-99.5 - EFFECT OF CHANGES FOR YEAR 2009 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-5.htm
EX-99.7 - EFFECT OF CHANGES ON INCOME STATEMENT Q1 2012 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-7.htm
EX-99.1 - EFFECT OF CHANGES FOR Q1 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-1.htm
EX-99.4 - EFFECT OF CHANGES FOR FULL YEAR 2010 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-4.htm
EX-99.3 - EFFECT OF CHANGES FOR FULL YEAR 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-3.htm
EX-99.10 - EFFECT OF CHANGES ON INCOME STATEMENT FULL YEAR 2009 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-10.htm
EX-99.11 - EFFECT OF CHANGES ON BALANCE SHEETS MARCH 31, 2012 AND DECEMBER 31, 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-11.htm

99.6   Effect of changes on Income Statement for Q1 2011 (000's, except for per share amounts).  
         
         
    As reported     
    Three months ended Reclassify Primaloft Q1 2011 
    March 31, to discontinued reported in 
    2011 operations 2012 format
         
Net sales   $206,722 ($6,768) $199,954
Cost of goods sold   117,877 (3,111) 114,766
         
Gross profit   88,845 (3,657) 85,188
   Selling, general, and administrative expenses   47,476 (1,509) 45,967
   Technical, product engineering, and research expenses 14,354 (241) 14,113
   Restructuring and other, net   34                               - 34
   Pension settlement expense                                   -                               -                        -
         
Operating income   26,981 (1,907) 25,074
   Interest expense, net   4,776                               - 4,776
   Other expense, net   4,813                               -                 4,813
         
Income before income taxes    17,392 (1,907) 15,485
   Income tax expense/(benefit)   3,988 (721)                 3,267
         
Income from continuing operations before earnings of associated companies                          13,404                       (1,186) 12,218
Equity in losses from associated companies                                   -                               -                        -
         
Income from continuing operations                          13,404                       (1,186)                12,218
         
   Income from operations of discontinued business   4,650 1,907  6,557
   Gain on sale of discontinued business                                   -                               - 0
   Income tax expense on discontinued operations                            1,321                           721                  2,042
Income from discontinued operations                            3,329 1,186  4,515
Net income   $16,733 $0  $16,733
         
Earnings per share - Basic        
(Loss)/income from continuing operations   $0.43 ($0.04) $0.39
Discontinued operations   0.11 0.04  0.15
Net (loss)/income   $0.54 $0.00  $0.54
         
Earnings per share - Diluted        
(Loss)/income from continuing operations   $0.43 ($0.04) $0.39
Discontinued operations   0.10 0.04  0.14
Net (loss)/income   $0.53 $0.00  $0.53
         
Shares used in computing earnings per share:        
  Basic   31,223 31,223  31,223
  Diluted   31,384 31,384  31,384

 
 

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