XML 73 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summarized Financial Information of Unconsolidated Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Joint Ventures Accounted for Under Equity Method of Accounting [Table Text Block]
As of December 31, 2012, we had two joint ventures, each 50% owned, which are accounted for under the equity method of accounting.

Joint Venture
Location
Reportable Segment
Fiscal Year-End
Rogers INOAC Corporation (RIC)
Japan
High Performance Foams
October 31
Rogers INOAC Suzhou Corporation (RIS)
China
High Performance Foams
December 31
Summarized Information for Joint Ventures [Table Text Block]
The summarized financial information for the joint ventures for the periods indicated is as follows:
(Dollars in thousands)
December 31, 2012
 
December 31, 2011
Current assets
$
40,721

 
$
38,314

Noncurrent assets
13,629

 
17,988

Current liabilities
12,008

 
8,566

Shareholders' equity
42,342

 
47,736


(Dollars in thousands)
For the years then ended:
 
December 31,
2012
 
December 31,
2011
 
December 31,
2010
Net sales
$
63,297

 
$
70,368

 
$
104,570

Gross profit (loss)
11,512

 
13,638

 
21,302

Net income (loss)
9,486

 
10,902

 
17,316