XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 199,858us-gaap_CashAndCashEquivalentsAtCarryingValue $ 237,375us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowance for doubtful accounts of $906 and $476 113,540us-gaap_AccountsReceivableNetCurrent 94,876us-gaap_AccountsReceivableNetCurrent
Accounts receivable from joint ventures 2,028us-gaap_DueFromJointVenturesCurrent 1,760us-gaap_DueFromJointVenturesCurrent
Accounts receivable, other 2,788us-gaap_NontradeReceivablesCurrent 1,823us-gaap_NontradeReceivablesCurrent
Taxes receivable 703us-gaap_IncomeTaxesReceivable 606us-gaap_IncomeTaxesReceivable
Inventories 82,239us-gaap_InventoryNet 68,628us-gaap_InventoryNet
Prepaid income taxes 4,726us-gaap_PrepaidTaxes 4,586us-gaap_PrepaidTaxes
Deferred income taxes 11,449us-gaap_DeferredTaxAssetsNetCurrent 8,527us-gaap_DeferredTaxAssetsNetCurrent
Asbestos-related insurance receivables 6,827rog_AsbestosRelatedInsuranceReceivablesCurrent 6,827rog_AsbestosRelatedInsuranceReceivablesCurrent
Other current assets 11,008us-gaap_OtherAssetsCurrent 7,046us-gaap_OtherAssetsCurrent
Total current assets 435,166us-gaap_AssetsCurrent 432,054us-gaap_AssetsCurrent
Property, plant and equipment, net of accumulated depreciation of $221,200 and $225,092 179,630us-gaap_PropertyPlantAndEquipmentNet 150,420us-gaap_PropertyPlantAndEquipmentNet
Investments in unconsolidated joint ventures 17,057us-gaap_EquityMethodInvestments 17,214us-gaap_EquityMethodInvestments
Deferred income taxes 40,918us-gaap_DeferredTaxAssetsNetNoncurrent 44,853us-gaap_DeferredTaxAssetsNetNoncurrent
Pension Asset 403us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 403us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
Goodwill 175,009us-gaap_IntangibleAssetsNetIncludingGoodwill 98,227us-gaap_IntangibleAssetsNetIncludingGoodwill
Other intangible assets 82,171us-gaap_OtherIntangibleAssetsNet 38,340us-gaap_OtherIntangibleAssetsNet
Asbestos-related insurance receivables 46,186rog_AsbestosRelatedInsuranceReceivablesNoncurrent 46,186rog_AsbestosRelatedInsuranceReceivablesNoncurrent
Other long-term assets 8,522us-gaap_OtherAssetsNoncurrent 7,420us-gaap_OtherAssetsNoncurrent
Total assets 985,062us-gaap_Assets 835,117us-gaap_Assets
Current liabilities    
Accounts payable 29,954us-gaap_AccountsPayableCurrent 20,020us-gaap_AccountsPayableCurrent
Accrued employee benefits and compensation 26,127us-gaap_AccruedEmployeeBenefitsCurrent 33,983us-gaap_AccruedEmployeeBenefitsCurrent
Accrued income taxes payable 8,402us-gaap_AccruedIncomeTaxesCurrent 6,103us-gaap_AccruedIncomeTaxesCurrent
Current portion of lease obligation 662us-gaap_CapitalLeaseObligationsCurrent 747us-gaap_CapitalLeaseObligationsCurrent
Current portion of long term debt 42,500us-gaap_LongTermDebtCurrent 35,000us-gaap_LongTermDebtCurrent
Asbestos-related liabilities 6,827rog_AsbestosLiabilityCurrent 6,827rog_AsbestosLiabilityCurrent
Other accrued liabilities 24,088us-gaap_OtherLiabilitiesCurrent 17,765us-gaap_OtherLiabilitiesCurrent
Total current liabilities 138,560us-gaap_LiabilitiesCurrent 120,445us-gaap_LiabilitiesCurrent
Long term lease obligation 5,285us-gaap_CapitalLeaseObligationsNoncurrent 6,042us-gaap_CapitalLeaseObligationsNoncurrent
Long term debt 137,500us-gaap_LongTermDebtNoncurrent 25,000us-gaap_LongTermDebtNoncurrent
Pension liability 19,650us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent 17,652us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
Retiree health care and life insurance benefits 8,768us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 8,768us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
Asbestos-related liabilities 49,718rog_AsbestosLiabilityNoncurrent 49,718rog_AsbestosLiabilityNoncurrent
Non-current income tax 12,078us-gaap_AccruedIncomeTaxesNoncurrent 10,544us-gaap_AccruedIncomeTaxesNoncurrent
Deferred income taxes 37,725us-gaap_DeferredTaxLiabilitiesNoncurrent 14,647us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 2,707us-gaap_OtherLiabilitiesNoncurrent 338us-gaap_OtherLiabilitiesNoncurrent
Shareholders’ Equity    
Capital Stock - $1 par value; 50,000,000 authorized shares; 18,605,116 and 18,403,109 shares outstanding 18,605us-gaap_CommonStockValue 18,404us-gaap_CommonStockValue
Additional paid-in capital 141,999us-gaap_AdditionalPaidInCapitalCommonStock 137,225us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 505,055us-gaap_RetainedEarningsAccumulatedDeficit 491,428us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (92,588)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (65,094)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders' equity 573,071us-gaap_StockholdersEquity 581,963us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 985,062us-gaap_LiabilitiesAndStockholdersEquity $ 835,117us-gaap_LiabilitiesAndStockholdersEquity