The album, whose title has not been divulged as yet, releases on October 30, and the band's new single 'Inconsolable' hits radio this month.
Richardson had told other members of the band that he was sitting out of their next album during a conference last year.
His decision though shocked his bandmates, Nick insists that "everyone understood" Richardson.
"There were no hard feelings and that's just the way it needs to be. We've been through a lot in 14 years together, and there's no need to get angry or overly emotional," People magazine quoted him as saying.
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