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Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Joint Ventures Accounted for Under Equity Method of Accounting
As of March 31, 2014, 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
The summarized financial information for the joint ventures for the periods indicated is as follows:

(Dollars in thousands)
Three Months Ended
 
 
March 31,
2014
 
March 31,
2013
 
Net sales
$
11,332

 
$
10,664

 
Gross profit
3,652

 
2,248

 
Net income
1,955

 
1,058