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Albany International Corp./DE – ‘10-Q’ for 6/30/22 – ‘EX-31.1’

On:  Tuesday, 7/26/22, at 11:17am ET   ·   For:  6/30/22   ·   Accession #:  819793-22-44   ·   File #:  1-10026

Previous ‘10-Q’:  ‘10-Q’ on 4/26/22 for 3/31/22   ·   Next:  ‘10-Q’ on 10/25/22 for 9/30/22   ·   Latest:  ‘10-Q’ on 4/29/24 for 3/31/24

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  As Of               Filer                 Filing    For·On·As Docs:Size

 7/26/22  Albany International Corp./DE     10-Q        6/30/22   81:8.5M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.97M 
 5: EX-99.1     Miscellaneous Exhibit                               HTML     25K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     26K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     26K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     24K 
11: R1          Cover page                                          HTML     80K 
12: R2          Consolidated Statements of Income                   HTML    111K 
13: R3          Consolidated Statements of Comprehensive            HTML     77K 
                Income/(Loss)                                                    
14: R4          Consolidated Balance Sheets                         HTML    156K 
15: R5          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
16: R6          Consolidated Statements of Cash Flows               HTML    122K 
17: R7          Significant Accounting Policies                     HTML     25K 
18: R8          Reportable Segments and Revenue Recognition         HTML    119K 
19: R9          Pensions and Other Postretirement Benefit Plans     HTML     43K 
20: R10         Other (Income)/Expense, net                         HTML     37K 
21: R11         Income Taxes                                        HTML     49K 
22: R12         Earnings Per Share                                  HTML     46K 
23: R13         Accumulated Other Comprehensive Income (Aoci)       HTML     76K 
24: R14         Noncontrolling Interest                             HTML     38K 
25: R15         Accounts Receivable                                 HTML     36K 
26: R16         Contract Assets and Liabilities                     HTML     33K 
27: R17         Inventories                                         HTML     31K 
28: R18         Goodwill and Other Intangible Assets                HTML     26K 
29: R19         Financial Instruments                               HTML     34K 
30: R20         Fair-Value Measurements                             HTML     52K 
31: R21         Contingencies                                       HTML     37K 
32: R22         Changes in Shareholders' Equity                     HTML    225K 
33: R23         Significant Accounting Policies (Policies)          HTML     26K 
34: R24         Reportable Segments and Revenue Recognition         HTML    112K 
                (Tables)                                                         
35: R25         Pensions and Other Postretirement Benefit Plans     HTML     38K 
                (Tables)                                                         
36: R26         Other (Income)/Expense, net (Tables)                HTML     36K 
37: R27         Income Taxes (Tables)                               HTML     47K 
38: R28         Earnings Per Share (Tables)                         HTML     46K 
39: R29         Accumulated Other Comprehensive Income (Aoci)       HTML     77K 
                (Tables)                                                         
40: R30         Noncontrolling Interest (Tables)                    HTML     37K 
41: R31         Accounts Receivable (Tables)                        HTML     37K 
42: R32         Contract Assets and Liabilities (Tables)            HTML     31K 
43: R33         Inventories (Tables)                                HTML     31K 
44: R34         Financial Instruments (Tables)                      HTML     30K 
45: R35         Fair-Value Measurements (Tables)                    HTML     50K 
46: R36         Contingencies (Tables)                              HTML     33K 
47: R37         Changes in Shareholders' Equity (Tables)            HTML    221K 
48: R38         Reportable Segments and Revenue Recognition         HTML     73K 
                (Narrative) (Details)                                            
49: R39         Reportable Segments and Revenue Recognition         HTML     58K 
                (Schedule of Financial Data by Reporting Segment)                
                (Details)                                                        
50: R40         Reportable Segments and Revenue Recognition         HTML     52K 
                (Schedule of Disaggregate Revenue for Each                       
                Business Segment) (Details)                                      
51: R41         Reportable Segments and Revenue Recognition         HTML     37K 
                (Schedule of Disaggregate MC Segment Revenue by                  
                Significant Product or Service) (Details)                        
52: R42         Reportable Segments and Revenue Recognition         HTML     39K 
                (Remaining Performance Obligation) (Details)                     
53: R43         Pensions and Other Postretirement Benefit Plans     HTML     47K 
                (Schedule of Net Periodic Benefit Plan Cost)                     
                (Details)                                                        
54: R44         Other (Income)/Expense, net (Details)               HTML     31K 
55: R45         Other (Income)/Expense, net (Narrative) (Details)   HTML     24K 
56: R46         Income Taxes (Schedule of Components of Income Tax  HTML     51K 
                Expense) (Details)                                               
57: R47         Earnings Per Share (Details)                        HTML     60K 
58: R48         Accumulated Other Comprehensive Income (Aoci)       HTML     57K 
                (Schedule of Accumulated Other Comprehensive                     
                Income) (Details)                                                
59: R49         Accumulated Other Comprehensive Income (Aoci)       HTML     63K 
                (Schedule of Items Reclassified to Statement of                  
                Income) (Details)                                                
60: R50         Noncontrolling Interest (Narrative) (Details)       HTML     27K 
61: R51         Noncontrolling Interest - Income attributable to    HTML     72K 
                the noncontrolling interest and noncontrolling                   
                equity (Details)                                                 
62: R52         Accounts Receivable (Schedule of Accounts           HTML     32K 
                Receivable) (Details)                                            
63: R53         Accounts Receivable (Narrative) (Details)           HTML     23K 
64: R54         Accounts Receivable (Schedule of Contract           HTML     29K 
                Receivables) (Details)                                           
65: R55         Contract Assets and Liabilities (Schedule of        HTML     32K 
                Contract Assets and Contract Liabilities)                        
                (Details)                                                        
66: R56         Contract Assets and Liabilities (Narrative)         HTML     31K 
                (Details)                                                        
67: R57         Inventories (Details)                               HTML     30K 
68: R58         Goodwill and Other Intangible Assets (Details)      HTML     27K 
69: R59         Financial Instruments (Schedule of Long-Term Debt)  HTML     30K 
                (Details)                                                        
70: R60         Financial Instruments (Narrative) (Details)         HTML     65K 
71: R61         Fair-Value Measurements (Schedule of Fair Value of  HTML     44K 
                Financial Assets and Liabilities) (Details)                      
72: R62         Fair-Value Measurements (Narrative) (Details)       HTML     29K 
73: R63         Fair-Value Measurements (Schedule of                HTML     27K 
                (Losses)/Gains on Changes in Fair Value of                       
                Derivative Instruments) (Details)                                
74: R64         Contingencies (Narrative) (Details)                 HTML     45K 
75: R65         Contingencies (Schedule of Changes in Claims)       HTML     34K 
                (Details)                                                        
76: R66         Changes in Shareholders' Equity (Schedule of        HTML    133K 
                Activity in Shareholders' Equity) (Details)                      
79: XML         IDEA XML File -- Filing Summary                      XML    149K 
77: XML         XBRL Instance -- ain-20220630_htm                    XML   2.49M 
78: EXCEL       IDEA Workbook of Financial Reports                  XLSX    132K 
 7: EX-101.CAL  XBRL Calculations -- ain-20220630_cal                XML    205K 
 8: EX-101.DEF  XBRL Definitions -- ain-20220630_def                 XML    537K 
 9: EX-101.LAB  XBRL Labels -- ain-20220630_lab                      XML   1.32M 
10: EX-101.PRE  XBRL Presentations -- ain-20220630_pre               XML    803K 
 6: EX-101.SCH  XBRL Schema -- ain-20220630                          XSD    136K 
80: JSON        XBRL Instance as JSON Data -- MetaLinks              387±   568K 
81: ZIP         XBRL Zipped Folder -- 0000819793-22-000044-xbrl      Zip    375K 


‘EX-31.1’   —   Certification — §302 – SOA’02


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EXHIBIT (31.1)
CERTIFICATION PURSUANT TO
RULE 13A-14 OF THE SECURITIES EXCHANGE ACT OF 1934,
AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, A. William Higgins, certify that:
1.I have reviewed this report on Form 10-Q of Albany International Corp.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:
(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date: July 26, 2022
By
/s/ A. William Higgins
President and Chief Executive Officer
(Principal Executive Officer)


Dates Referenced Herein

This ‘10-Q’ Filing    Date    Other Filings
Filed on:7/26/22None on these Dates
For Period end:6/30/22
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Filing Submission 0000819793-22-000044   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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