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Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Joint Ventures Accounted for Under Equity Method of Accounting
As of June 30, 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
 
Six Months Ended
 
June 30,
2014
 
June 30,
2013
 
June 30,
2014
 
June 30,
2013
Net sales
$
12,751

 
$
12,623

 
$
24,160

 
$
23,288

Gross profit
3,921

 
2,952

 
7,214

 
5,200

Net income
2,124

 
1,524

 
4,078

 
2,582